Author: Monicah W

News

What is the CLARITY Act and Why Does it Matter?

Monicah W

Over the last couple of weeks, buzz has been growing about the CLARITY Act, a proposed new framework for US crypto regulation. The bill’s first markup is scheduled for tomorrow morning.

But what is the significance of this new crypto bill, and which industry players support it?

New Act Brings CLARITY To Crypto Regulation

Since the GENIUS Act cleared a key cloture vote, US crypto policy has been an especially important topic. In late May, GOP Congressman French Hill proposed the Digital Asset Market Clarity (CLARITY) Act, a new framework for Web3 regulation.

The bill’s first markup will happen tomorrow morning at 10 AM EST.

The proposed act assigns the CFTC as the primary regulator for digital commodities (on‑chain tokens), including exchanges, brokers, and spot markets. It preserves the SEC’s authority over investment contract assets—securities under the Securities Act.

Overall, it creates precise definitions and compliance pathways to reduce inconsistent enforcement.

In addition to consumer protection measures, it attempts to provide thorough rules for defining tokens as securities or commodities, a thorny issue for regulators.

Without getting into excessive detail, the bill aims to remove ambiguity from several such situations.

Although it was proposed by a Republican, the CLARITY Act has strong bipartisan support, reflecting the desire to create a solid framework for crypto regulation.

However, the initial language focused specifically on assets, their classification, and firms that custody them. The proposed bill also exempts “DeFi activities” (like developers, transaction relayers) from conventional registration.

It also explicitly protects peer-to-peer transactions and individual self-custody of assets.

New and Upcoming Amendments

To correct some of the oversight, The Blockchain Regulatory Certainty Act (BRCA) was recently introduced as an amendment to the bill. Presently, the crypto industry’s political lobbying groups are attempting to help it along.

In addition to an initial show of support, eight leading trade associations have made further statements earlier today:

Crypto Groups Support the CLARITY Act
Crypto Groups Support the CLARITY Act. Source: Eleanor Terrett

Specifically, this amendment would ensure that the CLARITY Act doesn’t apply heavy-handed regulations where it isn’t appropriate.

However, some regulators may also disagree with this overall ethos. After all, what are laws like this for? Former CFTC Chair Tim Massad, who recently warned of crypto corruption, also testified about some potential pitfalls in the CLARITY Act:

“The CLARITY Act seems to start with the technology and ask, what do we need to do to make it easier for people to invest in this technology? But the strength of our securities and derivatives laws lies in the fact that we have traditionally focused on regulatory goals, and provided…the flexibility to achieve those goals,” Massad claimed.

Similar criticisms have been leveled at a wide range of recent crypto regulations, and the CLARITY Act will likely face more of the same.

It’s not yet clear how much this will impact the final bill, but the GENIUS Act underwent substantial amendments from its first version. Between tomorrow’s markup and the voting process, this bill could change dramatically in the next few weeks.

The post What is the CLARITY Act and Why Does it Matter? appeared first on BeInCrypto.

News

Pi Network Indicators are Still Bearish – Is There Any Chance for PI Recovery?

Monicah W

Pi Network (PI) is down 14% over the past 30 days, with its market cap falling below $5 billion and the token trading under $1 since May 14.

Technical indicators continue to show bearish momentum, with PI struggling to break through key resistance levels. The Ichimoku Cloud, BBTrend, and EMA lines all point to ongoing weakness and a lack of bullish confirmation. Unless momentum shifts soon, PI may face further downside before any meaningful recovery can take shape.

Pi Network Faces Heavy Resistance

The Ichimoku Cloud shows that Pi Network (PI) remains under strong bearish pressure. The price continues to trade below the red cloud, indicating that downward momentum still dominates.

The Leading Span A (green line) remains below the Leading Span B (red line), reinforcing the cloud’s bearish structure ahead.

The cloud is wide and declining, suggesting that any potential reversal may face significant resistance soon.

PI Ichimoku Cloud.
PI Ichimoku Cloud. Source: TradingView.

The Tenkan-sen (blue line) is flat and hovering close to the Kijun-sen (red line), showing weak short-term momentum and indecision in the market.

Additionally, the price candles are compressed within a narrow range, indicating consolidation with no clear breakout.

The trend remains negative until the price decisively moves above the cloud and the lines flip bullish.

PI BBTrend Stabilizes, But Bearish Conditions Persist

Pi Network continues to show weak momentum, with its BBTrend indicator at -2.21, roughly unchanged over the past two and a half days.

The indicator has remained in negative territory for the last 14 days, with a sharp bearish peak of -18.7 recorded one week ago.

While the recent stabilization suggests the downtrend may be losing strength, PI has yet to show signs of a meaningful bullish reversal.

PI BBTrend.
PI BBTrend. Source: TradingView.

The BBTrend (Bollinger Band Trend) measures the strength and direction of price movements relative to Bollinger Bands.

Positive values suggest bullish momentum as the price pushes the upper band, while negative values indicate bearish conditions with prices staying near the lower band.

PI’s current BBTrend at -2.21 reflects a mildly bearish stance—less extreme than earlier, but still lacking upward pressure. The indicator must cross into positive territory and hold for sentiment to shift.

PI Breakout Could Trigger 37% Rally

PI price remains in a bearish technical setup, with its EMA lines showing short-term averages below the long-term ones.

This alignment confirms the continuation of a downtrend unless momentum shifts meaningfully.

If bearish pressure builds, PI could retest key support levels, and a breakdown would mark the first time the asset falls below a major historical threshold—intensifying downside risk.

PI Price Analysis.
PI Price Analysis. Source: TradingView.

However, if buying pressure strengthens, PI could test resistance at the next significant EMA zone.

A successful breakout above that level, backed by strong momentum, could open the door for a broader recovery.

In a bullish scenario, PI may climb toward higher resistance targets, offering a potential upside of over 35%.

The post Pi Network Indicators are Still Bearish – Is There Any Chance for PI Recovery? appeared first on BeInCrypto.

SEC Crypto Roundtable: Paul Atkins Declares Support For Crypto Custody & DeFi Activities

Monicah W

SEC Chair Paul Atkins has again shown his intention to create a regulatory-friendly environment for the crypto industry. This time, Atkins spoke in favor of the right to self-custody at the SEC crypto roundtable and revealed that he has directed the staff to see if they need to provide further guidance on DeFi activities. Paul

The post SEC Crypto Roundtable: Paul Atkins Declares Support For Crypto Custody & DeFi Activities appeared first on CoinGape.

Just In: Canary Capital Registers Staked Injective ETF in Delaware

Monicah W

Canary Capital has registered a statutory trust in Delaware for its proposed Staked Injective (INJ) ETF. This marks a significant step toward the firm’s goal of launching a U.S.-based exchange-traded fund that will track Injective’s price while incorporating staking rewards. Canary Capital Launching the Staked INJ ETF The trust’s registration is just the beginning. To

The post Just In: Canary Capital Registers Staked Injective ETF in Delaware appeared first on CoinGape.

Can Trump Coin Price Rally 100% Ahead of Donald Trump’s Birthday?

Monicah W

The Official Trump (TRUMP) price is on a downtrend and has crashed 36% since the May 22 swing high of $16. But this downtrend could exhaust, leading to a massive pump ahead of US President Donald Trump’s birthday on June 14. This event or announcement from Trump could spark a significant move to the upside.

The post Can Trump Coin Price Rally 100% Ahead of Donald Trump’s Birthday? appeared first on CoinGape.

Chainlink Facilitates Cross-Border Digital Currency Exchange Between Hong Kong and Australia

Monicah W

Chainlink is playing an advanced role in Hong Kong’s push for cross-border payment functionality for its central bank digital currency (CBDC) experiments. Leaning on Chainlink’s infrastructure, participants in the pilot will attempt to move tokenized funds between Australia and Hong Kong. Chainlink Powers Cross-Border Fund Transfers Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has been tapped to

The post Chainlink Facilitates Cross-Border Digital Currency Exchange Between Hong Kong and Australia appeared first on CoinGape.

First Time Investing? Experts Recommend Ruvi AI (RUVI) Over Dogecoin (DOGE) for Smarter ROI in 2025

Monicah W

doge-ruvi-ai

The post First Time Investing? Experts Recommend Ruvi AI (RUVI) Over Dogecoin (DOGE) for Smarter ROI in 2025 appeared first on Coinpedia Fintech News

Starting your investment journey can feel overwhelming, especially in the fast-moving world of cryptocurrency. If you’re looking for smart options in 2025, the debate between meme coins like Dogecoin and utility-driven tokens like Ruvi AI is impossible to ignore. Experts suggest that first-time investors should prioritize Ruvi AI for its structured returns, growth potential, and real-world applications. Here’s a breakdown of why Ruvi AI is emerging as the smarter choice for building wealth.

The Appeal of Dogecoin… and Its Challenges

Dogecoin has gained notoriety over the years, thanks in large part to social media hype and the support of prominent figures. Its low price and wide community have made it accessible to new investors. For many, Dogecoin represents an entry point into cryptocurrency with the potential for quick, albeit speculative, returns.

However, Dogecoin lacks long-term value drivers. Without tangible applications or a clear roadmap, its price depends heavily on market trends and online sentiment. While this volatility can create short-term opportunities, it discourages newcomers seeking steady returns and predictable growth.

Ruvi AI Is Redefining First-Time Investments

Ruvi AI stands as a compelling alternative thanks to its focus on structured growth and real-world utility. The project has already raised over $1.6 million in its presale, with more than 140 million tokens sold during Phase 2. Tokens are currently priced at just $0.015, making this an affordable and enticing entry point for new investors.

Unlike Dogecoin’s unpredictable trajectory, Ruvi AI provides transparency with a planned $0.07 valuation after the presale. Analysts are optimistic, forecasting a $1 per token valuation post-listing, offering first-time investors an opportunity for significant returns without speculation.

Real-World Applications Secure Ruvi AI’s Longevity

Beyond its presale success, Ruvi AI is carving out a unique position in the market by solving issues across critical industries. Its use of AI-driven blockchain technology provides practical applications in areas where innovation is desperately needed:

  • Healthcare: Ruvi AI enhances diagnostics, streamlines patient data management, and improves healthcare outcomes.
  • Logistics: Through AI-powered optimization, the platform trims costs and enhances supply chain efficiency.
  • Finance: Fraud detection and secure transaction solutions make Ruvi AI appealing to businesses seeking advanced financial tools.

These real-world applications ensure Ruvi AI’s scalability and long-term relevance, offering more stability than meme coins like Dogecoin.

The WEEX Exchange Partnership Marks a Milestone

Ruvi AI has made significant strides in building credibility and accessibility through its partnership with WEEX Exchange. This collaboration ensures easier access for traders and investors, providing liquidity and strengthening Ruvi AI’s ecosystem.

Strategic partnerships like this further highlight Ruvi AI’s potential for growth, enhancing trust among cautious newcomers.

Maximizing Returns with Ruvi AI’s VIP Investment Tiers

Ruvi AI rewards early participation through its VIP investment tier system, designed to deliver substantial bonuses. Here’s what investors can expect:

  • VIP Tier 2 ($750 investment, 40% bonus):
    • Total tokens received: 70,000 (50,000 base + 20,000 bonus).
    • Value at $0.07 per token: $4,900.
    • Value at $1 per token: $70,000.
  • VIP Tier 3 ($2,100 investment, 60% bonus):
    • Total tokens received: 224,000 (140,000 base + 84,000 bonus).
    • Value at $0.07 per token: $15,680.
    • Value at $1 per token: $224,000.
  • VIP Tier 5 ($9,600 investment, 100% bonus):
    • Total tokens received: 1,280,000 (double the allocation).
    • Value at $0.07 per token: $89,600.
    • Value at $1 per token: $1,280,000.

This structured reward system provides early returns and clear pathways for first-time investors to achieve their financial goals.

Why Ruvi AI Outshines Dogecoin for First-Time Investors

Ruvi AI’s transparent valuation, practical applications, and substantial ROI potential make it a top recommendation for those starting their cryptocurrency investment journeys. While Dogecoin offers the allure of social media-driven popularity, its speculative nature and lack of utility make it less appealing for those prioritizing long-term wealth.

For anyone looking to take their first steps into cryptocurrency in 2025, Ruvi AI represents a rare opportunity to combine affordability, innovation, and substantial growth potential. Secure your position during the ongoing presale and start your investment story with confidence.

Learn More

The post First Time Investing? Experts Recommend Ruvi AI (RUVI) Over Dogecoin (DOGE) for Smarter ROI in 2025 appeared first on Coinpedia Fintech News
Starting your investment journey can feel overwhelming, especially in the fast-moving world of cryptocurrency. If you’re looking for smart options in 2025, the debate between meme coins like Dogecoin and utility-driven tokens like Ruvi AI is impossible to ignore. Experts suggest that first-time investors should prioritize Ruvi AI for its structured returns, growth potential, and …

SHIB Team Rolls Out Major Shibarium Upgrade, Making SHIB Burns Faster and Easier

Monicah W

Shiba Inu

The post SHIB Team Rolls Out Major Shibarium Upgrade, Making SHIB Burns Faster and Easier appeared first on Coinpedia Fintech News

The Shiba Inu community has something new to cheer about. As the Shiba Inu team has just rolled out a massive update for Shibarium, the blockchain behind the popular SHIB token. This isn’t just a small tweak—it’s a complete transformation that promises to make life easier for SHIB fans and crypto users everywhere.

Let’s see what this major upgrade its all about!

Shiba Inu New Tool – DeFi Upgrade – 

In a recent X post, Shiba Inu’s marketing lead Lucie announced that the new upgrade has completely changed how people can earn, trade, and burn their SHIB tokens.

So, what’s new? First, there’s a fresh DeFi toolkit. This toolkit makes it easier for users to earn, trade, and burn SHIB and other tokens right inside Shibarium, no need to jump between different platforms anymore.

The toolkit also features new precision liquidity pools. These let users choose the exact price range for providing liquidity, so they can earn better rewards and make smarter moves in the crypto market.

Live Burns Now Part of the Flow

One of the most exciting features of this update is its impact on the SHIB burn mechanism. Before, SHIB burns depended on separate transactions. 

But now, any activity on Shibarium like swapping, adding liquidity, or using other tools, will trigger live burns. This means SHIB and other tokens are now being burned in real time. 

Lucie said that these burns are now part of the daily flow, which could help reduce the supply of SHIB over time.

Impact On Shib Price 

Despite these big upgrade, the daily SHIB burn numbers are still in the red for now. In the last day, the total amount of SHIB burned was about 10.4 million tokens. Three transactions handled this, with one giant burn of over 10 million SHIB tokens alone.

As of now, SHIB’s price is trading around $0.00001266, reflecting a ssligh rise seeing the ast 24 hours with a market cap of $7.46 billion.

The post SHIB Team Rolls Out Major Shibarium Upgrade, Making SHIB Burns Faster and Easier appeared first on Coinpedia Fintech News
The Shiba Inu community has something new to cheer about. As the Shiba Inu team has just rolled out a massive update for Shibarium, the blockchain behind the popular SHIB token. This isn’t just a small tweak—it’s a complete transformation that promises to make life easier for SHIB fans and crypto users everywhere. Let’s see …

Paraguay Government Says President Santiago Peña’s X Account Got Hacked to Promote Bitcoin Scam

Monicah W

User Got Back $129 Million In USDT After Losing Money To Phishing Attack

The post Paraguay Government Says President Santiago Peña’s X Account Got Hacked to Promote Bitcoin Scam appeared first on Coinpedia Fintech News

The Paraguay government asked its citizens, on Monday, June 9,  to ignore X posts made through the official account of President Santiago Peña. Earlier on Monday during the mid-North American trading session, the X account for President Peña indicated that Paraguay had adopted Bitcoin as a legal tender in addition to creating a strategic BTC reserve and bond access for crypto assets.

According to the X post, which was later deleted, the Paraguay government had created a $5 million Bitcoin reserve. However, the Paraguay government disputed the claims as no such move was underway. Currently, the Paraguay lawmakers are focused solely on regulating the crypto mining sector and virtual assets exchanges to enhance tax collection.

Pena x account post

Bitcoin Price Gains Bullish Momentum 

Following the fake news from Paraguay, Bitcoin price surged over 2 percent to reach a local high of about $108,702. The wider altcoin market, led by Ethereum (ETH), recorded bullish sentiment, thus the total crypto valuation surged to $3.51 trillion at the time of this writing.

As a result of the sudden crypto rebound, more than $222 million was liquidated, with the largest single liquidation involving $3.28 million from a BTC whale. The Bitcoin’s futures Open Interest (OI) surged from $71 billion to $77 billion in the past 24 hours catalyzed by rising FOMO crypto traders.

From a technical analysis standpoint, Bitcoin price is well positioned to smash its previous all-time high in the near future. A consistent daily close above $107k will confirm the onset of a fresh bull rally fueled by institutional investors. As Coinpedia reported, Strategy has led dozens of companies to adopt a Bitcoin treasury management plan, thus escalating the supply vs demand shock.

The post Paraguay Government Says President Santiago Peña’s X Account Got Hacked to Promote Bitcoin Scam appeared first on Coinpedia Fintech News
The Paraguay government asked its citizens, on Monday, June 9,  to ignore X posts made through the official account of President Santiago Peña. Earlier on Monday during the mid-North American trading session, the X account for President Peña indicated that Paraguay had adopted Bitcoin as a legal tender in addition to creating a strategic BTC …