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BlackRock Ethereum ETF (ETHA) has been dominating the spot ETF inflows while registering an 11-day inflow streak. So far in June, ETHA has already seen more than $280 million in inflows, with total flow approaching $5 billion since inception. Speculation is growing that this surge in ETHA inflows suggests that we could be getting closer
The post BlackRock Ethereum ETF Hits 11-Day Inflow Streak, Is ETH ETF Staking Approval In Sight? appeared first on CoinGape.
Pi Network (PI) has seen a modest 5% gain over the past week, despite being down more than 17% in the last 30 days. This bounce has brought some relief but hasn’t yet translated into a clear bullish reversal.
The price is currently consolidating between key levels, with technical indicators like the Ichimoku Cloud, RSI, and EMA lines all pointing to indecision. Whether this consolidation leads to a breakout or further downside could depend on how PI reacts to resistance at $0.68 and support at $0.617 in the coming sessions.
Pi Network trades inside the red Ichimoku Cloud, reflecting indecision and a lack of strong directional bias.
The price sits between the red baseline (Kijun-sen) and just above the blue conversion line (Tenkan-sen), indicating weak short-term momentum but no clear breakdown.
The presence of the red cloud shows that the prevailing trend is still slightly bearish, and price action within the cloud generally signals consolidation or neutrality.
However, looking ahead, the cloud shifts to green, suggesting that sentiment may be starting to shift.
A green cloud in the future points to a potential bullish transition, but only if the price manages to break above the cloud with strong follow-through.
A decisive move above the cloud would support a trend reversal, while a rejection and move below the Tenkan-sen and Kijun-sen would reinforce bearish pressure.
Pi Network’s Relative Strength Index (RSI) is currently sitting at 51.41, falling from a high of 70 just two days ago.
This drop reflects a noticeable momentum cooling, as the asset moved from near-overbought territory to more neutral levels.
The RSI measures the speed and magnitude of recent price changes to evaluate overbought or oversold conditions. Values above 70 are generally considered overbought, and those below 30 are considered oversold.
An RSI at 51.41 places PI right in the middle of the range, suggesting that neither buyers nor sellers currently have a clear advantage.
This neutral reading often coincides with a consolidation phase, where the price stabilizes before deciding its next direction. If the RSI trends again, it could point to renewed bullish momentum.
On the other hand, continued decline toward 40 or below may signal growing weakness and open the door for a deeper pullback.
Pi Network price has been consolidating over the past few days, currently trading within a range defined by resistance at $0.68 and support at $0.61.
This sideways movement is reflected in the EMA lines, which are clustered closely together—a classic sign of low volatility and a lack of strong directional momentum.
The market appears to be waiting for a decisive push from either buyers or sellers before committing to a new trend. Until then, PI remains in a holding pattern, with price action trapped between key levels.
If bullish momentum returns, a breakout above $0.68 could signal the start of a fresh rally.
In that case, the next resistance levels to watch are $0.789 and $0.85. If the uptrend strengthens further, PI could target $1.04—marking its first move above $1 since March 23.
However, a breakdown below the $0.617 support could lead to renewed bearish pressure, with $0.59 and $0.54 as the next potential downside targets.
The post Pi Network (PI) Awaits Breakout As Trading Sentiment Improves appeared first on BeInCrypto.
Pepe Coin price has dropped by 5.3% today, July 23, to trade at $0.0000131. Usually, such a drop happens at the same time that open interest is dropping, but this is not the case this time around, after this metric increased to an all-time high of more than $1 billion. Pepe Coin Price Eyes Triangle
The post Pepe Coin Price Set for $0.00005 Breakout as Open Interest Tops $1B and Whale Activity Jumps 107% appeared first on CoinGape.
According to Hollywood rumors, Netflix is planning to make a movie based on the 2022 FTX collapse. Julia Garner is rumored to be finalizing negotiations to play Caroline Ellison, but Bankman-Fried’s actor is less certain.
Several outlets have claimed that Evan Peters, who starred in Netflix’s award-winning series DAHMER, is in talks to play SBF. However, this is presumably even less certain than Garner’s role. Graham Moore, an Oscar-winning screenwriter, is also in talks to write the series.
The FTX collapse in 2022 was one of the most dramatic events in financial history, not just crypto. So, it makes sense that Netflix is planning a movie about it. After all, several studios were fighting to get the film rights the same month that the collapse happened.
Variety recently published rumors about the casting, claiming that Julia Garner is nearly set to play Caroline Ellison.
Garner previously played digital con artist Anna Delvey and received an Emmy nomination for her performance. This relevant experience could add color to her portrayal of another convicted fraudster in Netflix’s FTX adaptation.
However, Garner’s largest role was Ozark, an acclaimed Netflix show that earned three Emmy awards. Variety further claimed that she may become an executive producer on this series, but again, nothing has been finalized.
Netflix will reportedly use a love story as a framing device for the FTX series’ plot, so the actor playing Sam Bankman-Fried will be essential.
Other industry publications have alleged that Evan Peters is in talks for this role. He has also won awards for a previous Netflix production in 2022.
A Netflix adaptation of the FTX story could be highly entertaining, but it’s important to stress that no contracts have been signed. The crypto industry has produced many famous events, after all.
The 2016 Bitfinex hack was allegedly getting a movie adaptation last year, but there hasn’t been an update on the project in around six months.
That is to say, “development hell” is a popular term in the film industry for a reason. Hopefully, the crypto community will soon enjoy Netflix’s dramatized take on the FTX collapse. Today, it’s still in the very early stages.
The post Netflix is Making a Series on FTX – Who is Playing Sam Bankman-Fried? appeared first on BeInCrypto.