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What Are Crypto Whales Buying and Selling as the Market Taps $4 Trillion?

Monicah W

The crypto market cap continued its upward trajectory this weekend, with the charts painted in green. The market cap hit $4 trillion during early Asian trading hours today, up 1.54% over the past 24 hours.

As major cryptocurrencies approach their all-time highs, crypto whales are making significant moves in the market. The largest of these transactions was a staggering $210 million. Here’s a detailed breakdown of the whale’s trades.

Crypto Whales Capitalize on Bull Market with Multi-Million Dollar Trades

On-chain data showed that whales are actively trading Ethereum (ETH). This interest in the second-largest cryptocurrency comes as it continues to rise and remains just 11.8% shy of its all-time high (ATH).

According to data from Onchain Lens, the largest transaction involved a whale or institutional entity purchasing 49,533 ETH valued at $210.68 million. The purchase was made through Galaxy Digital, FalconX, and BitGo exchanges.

The Ethereum whale now has 221,166 ETH, valued at $940.73 million, spread across six different wallets. Furthermore, Maelstrom’s CIO, Arthur Hayes, took a more diversified approach. He acquired a total of $6.85 million in assets. This included:

  • 1,250 ETH, valued at $5.29 million.
  • 424,000 Lido DAO (LDO), worth $550,000.
  • 420,000 Ether.fi (ETHFI), valued at $510,000.
  • 92,000 Pendle (PENDLE) tokens, worth $500,000.

These purchases reflect a significant addition to his crypto portfolio, focusing primarily on Ethereum-based assets.

“On 8/2, he believed BTC would drop to $100,000 and ETH to $3,000, so he sold the ETH and ETH ecosystem tokens he bought in July, including ENA, AAVE, LDO, ETHFI, and PEPE,” analyst EmberCN wrote.

Besides buying, some whales are staking their assets for additional returns. A whale, identified by the address 0xA5e…eda0, which had remained dormant for three years, staked 4,736 ETH, valued at $19.84 million. 

This whale had accumulated the ETH for $9.12 million approximately 4-5 years ago. The investor has made a profit of around $10.7 million. Similarly, another whale, 0x1fc…aed5, withdrew 2,009 ETH, worth $8.53 million, from Binance to stake.

“Over the past 2 months, a total of 10,999 ETH, ($46.69 million) has been withdrawn from Binance for staking on EigenLayer and ETH2.0. Currently making a profit of $13.53 million,” OnChain Lens added.

Separately, some whales executed sell-offs. The 1inch team investment fund offloaded 5,000 ETH at an average price of $4,215. This was then converted into 21.07 million USDC. 

Additionally, they sold 6.45 million 1INCH tokens at an average price of $0.28, resulting in 1.8 million USDC. These sales have yielded a profit of $8.36 million.

This indicated that the team is capitalizing on the current bullish market with a profit-taking strategy. Stablecoin bank Infini’s hackers also sold substantial ETH.

“The Infini Exploiter sold another 1,771 ETH($7.44 million) at $4,202 today. On February 24, they exploited @0xinfini, stealing $49.5M to buy 17,696 $ETH at $2,798. As ETH increased, they sold 1,770 ETH($5.88 million) at $3,321 and sent 4,501 ETH($15.03 million) to TornadoCash on July 17. They still hold 9,154 ETH(38.85 million),” Lookonchain revealed.

In addition to Ethereum, large investors are also engaging with other cryptocurrencies. Whale 0xc9d…642 borrowed 20 million USDC from Aave, transferred the funds to Kraken, and acquired 109.6 WBTC, worth $12.91 million. 

“This whale is leveraging WBTC purchases through Aave in a looping loan strategy. They have currently accumulated a total of 603.5 WBTC ($71.62 million), with an average cost of approximately $90,382,” EmberCN posted.

After a month of inactivity, another crypto whale withdrew 274.22 Bitcoin (BTC), valued at approximately $32 million, from Binance. Moreover, Galaxy Digital transferred 224,000 Solana (SOL), worth around $41.12 million, to two centralized exchanges, Binance and Coinbase, sparking sell-off concerns.

Additionally, a smart money address pulled out 210,000 LINK from Binance. The address holds a total of 335,000 LINK. Lastly, Nansen CEO Alex Svanevik sent 1 million LDO tokens to Coinbase.

These transactions reflect a mix of profit-taking, long-term staking, and speculative trading among whales and institutions.

The post What Are Crypto Whales Buying and Selling as the Market Taps $4 Trillion? appeared first on BeInCrypto.

News

Ethereum Developer Reportedly Detained in Turkey — All We Know So Far

Monicah W

An Ethereum developer going by the pseudonym “Fede’s Intern” has reportedly been detained in Izmir, Turkey.

The incident, which unfolded over the weekend, sparked widespread concern, especially as details remain scarce and the accusations unclear.

Ethereum Dev Held in Turkey Over Mysterious ‘Misuse’ Claims

According to posts on X (formerly Twitter), Fede’s Intern stated that Turkish authorities claimed he had assisted people in misusing the Ethereum network.

“I’m in Turkey, Izmir. They are telling my lawyer that I helped people to misuse Ethereum, and I might have a charge,” the developer wrote.

Fede’s Intern, an Argentinian and renowned crypto researcher, denied any wrongdoing. He emphasized that he and his team are “just infra builders” and are open to cooperating with authorities.

In a follow-up statement, he revealed that Turkey’s Minister of Internal Affairs had specifically made the claim.

The vague nature of the “misuse” allegation has raised questions within the crypto space. Cenk, a Turkish crypto commentator, noted that there is “zero legal basis” for a detention based solely on such claims.

This skepticism stems from Turkey applying existing commercial, consumer, and penal codes for crypto-related cases.

Amidst the supposed detention, Fede’s Intern posted intermittent updates, indicating he had been moved to a private room and served food.

He also claimed that arrangements were underway for him to leave Turkey via private jet to Europe within hours. Once in Europe, he would continue to fight the charges with a team of lawyers.

Messages from prominent figures in the Ethereum and Solana communities reportedly expressed support, with some offering legal connections.

Many call for transparency and due process, drawing precedent from Binance’s executive Tigran Gambaryan, who was arrested in Nigeria alongside Nadeem Anjarwalla.

However, some have expressed skepticism, suggesting the incident could involve translation errors or misunderstandings about the nature of blockchain infrastructure. Others worry it signals potential regulatory overreach in the region.

“Ethereum developer being held in Turkey – “Ethereum misuse” being given to him as the reason. Still developing. Very troubling. Wasn’t Istanbul a proposed location for DevCon 2026Ryan Sean Adams, a well-known Ethereum advocate, pointed out.

The unfolding situation has left several points unclear:

  • Whether the charges are directed at Fede’s Intern personally or an affiliated entity.
  • Is his detention connected in any way to a broader sweep of arrests announced by Turkey’s Ministry of Internal Affairs earlier this week?
  • What specific actions are being classified as “misuse” of Ethereum?

Fede’s Intern has stated that he will share more concrete details once he is out of Turkey and his legal team approves.

For now, the situation remains fluid. The only certainty is that the intersection of blockchain technology, legal systems, and international jurisdictions can produce fast-moving, high-stakes scenarios.

This is especially true when the charges are as nebulous as “Ethereum misuse.”

This is a developing story. We will update as more information becomes available.

The post Ethereum Developer Reportedly Detained in Turkey — All We Know So Far appeared first on BeInCrypto.

News

Beeple’s NFT Stunt Fuels 25% Surge for Nakamigos — Troll or Market Play?

Monicah W

Digital art superstar Beeple pulled off a controversial stunt, stirring mixed emotions within the NFT (non-fungible token) market.

After quelling the hype around Ethereum’s NFT Torch weeks ago, Beeple’s move exacerbates the hype in the digital collectibles sector.

Beeple Pulls the Most Controversial NFT Move of the Year

The event at Beeple Studios in Charleston, South Carolina, was meant to celebrate the iconic CryptoPunks NFTs. However, it quickly turned into one of the most talked-about moments in NFT Twitter this week.

During the gathering, Beeple presented what appeared to be a recorded interview with Matt Hall and John Watkinson, the creators of CryptoPunks. In it, they claimed that Nakamigos NFTs came before CryptoPunks and were a secret Larva Labs project.

The pair even counted down dramatically to the “reveal” of so-called “V0 Punks,” tying the fictional backstory directly to Nakamigos. Flyers handed out at the event reinforced the playful claim, further fueling speculation.

Within hours, the floor price for Nakamigos, a popular NFT collection often known for its meme-like community, shot upward by almost 140%, triggering a frenzy of trading activity.

For Nakamigos NFT holders, the sudden spike in value was a welcome surprise, even if short-lived. As of this writing, Nakamigos NFT is up 25% and trading for 0.23 ETH.

Nakamigos NFT Price Performance
Nakamigos NFT Price Performance. Source: CoinGecko

However, the video was quickly identified as satire, allegedly crafted using AI. The entire “V0 Punks” story was also said to be fictional.

CryptoPunks was launched in 2017, and there is no evidence of a pre-existing Nakamigos link or Larva Labs involvement.

Meanwhile, reactions across the NFT space were mixed. Some traders saw the move as clever trolling that injected much-needed levity into an industry often weighed down by market drama.

“People are genuinely mad at Beeple for this obvious troll. I think it’s about time we start to make NFTs fun again. If you lost money trading this, it’s on you for not understanding that Beeple is an epic troll,” wrote Beanie, a notable NFT personality.

Others argued the stunt blurred the line between performance art and market manipulation, pointing out that Beeple knew the claim was false while also driving trading activity.

While Beeple has not directly addressed the controversy, the incident again highlights his ability to command attention and move markets with a single creative act.

Whether viewed as a satirical performance piece or a calculated market play, the stunt reflects the volatility and theater that define NFT culture.

Meanwhile, this incident exacerbates the recent frenzy around NFTs, revitalized recently with Ethereum’s 10th anniversary. While hype around Ethereum’s NFT Torch dwindled, Beeple’s latest stunt serves to invigorate the sector.

The post Beeple’s NFT Stunt Fuels 25% Surge for Nakamigos — Troll or Market Play? appeared first on BeInCrypto.

Stock Tokenization’s Biggest Hurdle Is Regulatory Compliance – Not Technology

Monicah W

In the world of finance, access is often mistaken for inclusion. But as tokenized real-world assets (“RWAs”) move from concept to adoption, we must ask: is access alone enough? Tokenization promises to open capital markets to broader global participation. It aims to make exposure to U.S. equities, government bonds, and yield-bearing products as easy as

The post Stock Tokenization’s Biggest Hurdle Is Regulatory Compliance – Not Technology appeared first on CoinGape.

Ethereum Breaks $4K and Analysts Say Remittix Could Outperform ETH by 500% in the Next 6 Months

Monicah W

Remittix

The post Ethereum Breaks $4K and Analysts Say Remittix Could Outperform ETH by 500% in the Next 6 Months appeared first on Coinpedia Fintech News

Ethereum price also surged recently, passing $4,000 to hit $4,198.35 with a healthy 7.63% boost. While ETH market capitalization rises to $506.79 billion and trading volume jumps 32.7%, crypto traders are also eyeing the horizon for emerging altcoins. 

One project that has been flying under the radar but is moving quietly is Remittix, valued at $0.0895, which will soon deploy its beta wallet. The DeFi innovator promises to disrupt traditional payments and could replace ETH by offering instant, low-cost cross-border payments.

Ethereum’s Market Power and Hunt for Next Altcoins

Ethereum continues to be a force to be reckoned with in decentralized finance, its blockchain driving millions of DeFi projects, centralised exchanges and decentralised exchanges across the globe. Its staking protocols and smart contracts power much of the crypto space’s activity.

But higher gas prices and scalability problems have some investors turning to low gas fee crypto alternatives and emerging altcoins with genuine utility. Most are hoping for the next major crypto launch that integrates crypto staking, genuine utility and fast transaction times. Remittix is one of those as a potential project among the top crypto under $1 tokens.

Remittix

How Remittix Is Creating Real-World Impact

Remittix is addressing a $190 trillion cross-border payments problem by providing frictionless fiat-to-crypto transactions into bank accounts in more than 30 nations. Supporting 40+ cryptocurrencies and 30+ fiat currencies at the time of launch, it bridges traditional finance and blockchain in real-time.

The RTX token currently trades at $0.0895 with over $18.6 million generated and over 586 million tokens sold during its presale. Investors are also rewarded with a 50% bonus on tokens, making it one of the greatest crypto projects of 2025.

Top Remittix features:

  • Foreign exchange conversion with open rates in real-time
  • Mobile-first beta wallet coming in Q3 2025
  • Security audited by blockchain experts CertiK
  • Designed for both crypto newbies and experts
  • $250,000 giveaway for community building

Its deflationary tokenomics and cross-chain DeFi design are geared towards long-term adoption in freelancers, remitters and merchants seeking cheap, fast payments.

Remittix

Gaining Momentum Pre-Beta Wallet Release

As presale momentum rapidly gains, Remittix is becoming a top contender in the next 100x crypto environment. The upcoming release of the beta wallet will facilitate easy cross-border payments with minimal gas fees and user-friendly interfaces.

As decentralized exchange listings and centralized exchange draw near, Remittix’s utility-driven paradigm differentiates it from hype tokens. For investors seeking undervalued crypto projects with real passive income potential, Remittix offers a rare opportunity to invest early in a project with growing usage and future-proofed use cases.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

The post Ethereum Breaks $4K and Analysts Say Remittix Could Outperform ETH by 500% in the Next 6 Months appeared first on Coinpedia Fintech News
Ethereum price also surged recently, passing $4,000 to hit $4,198.35 with a healthy 7.63% boost. While ETH market capitalization rises to $506.79 billion and trading volume jumps 32.7%, crypto traders are also eyeing the horizon for emerging altcoins.  One project that has been flying under the radar but is moving quietly is Remittix, valued at …

Could Ripple’s XRP Become BlackRock’s Tool in a Crisis?

Monicah W

blackrock ripple

The post Could Ripple’s XRP Become BlackRock’s Tool in a Crisis? appeared first on Coinpedia Fintech News

There’s been growing talk in the crypto and finance world about possible connections between Ripple and BlackRock, the world’s largest asset manager. While some of this chatter edges into conspiracy territory, several experts believe the two companies may be more closely aligned than most people realize.

Moving in Lockstep

In an interview with Paul Barron Network, Jake Claver, Managing Director of Digital Ascension Group and CEO of Syndicat Lee, said that Ripple and BlackRock often seem to move in unique lockstep. This does not mean they are officially partnered, but their actions and goals sometimes appear to pace each other.

After the 2008 financial crisis, BlackRock built a reputation for stepping in to help maintain market stability. Some see it as almost a proxy for the U.S. government in terms of managing financial shocks. Ripple’s technology, especially XRP, is designed for fast settlement and liquidity movement, which are tools that could also help cushion major economic disruptions.

Why XRP Could Be a Liquidity Tool

One theory is that if there was ever a large shock to the economy, XRP could be used as a liquidity buffer. By quickly moving value across markets and settling transactions on the XRP Ledger (XRPL), the asset could help prevent financial systems from breaking under stress.

This concept is not new. In 1933, the U.S. revalued gold to help offset debt. Doing the same today with gold would require astronomical prices. Some estimates suggest $30,000 per ounce. Instead, using a digital asset like XRP, which can be instantly moved and scaled globally, could be a modern alternative for restoring balance sheets.

The Wall Street Connection

Over the past few years, several well-known Wall Street veterans have moved into the blockchain space. Some are now involved in projects linked to XRP or the XRPL ecosystem. The suggestion is that institutions like BlackRock may already have seeds planted in these new financial systems.

For example, there have been unconfirmed rumors that BlackRock’s powerful Aladdin investment system has been tested on the XRPL. If true, this would show direct interest from one of the biggest financial players in Ripple’s infrastructure.

Why This Matters Now

The current period is compared by some to the birth of the internet, but this time it is the birth of a new global financial system. Trust in traditional money systems is shaky, with inflation pushing up costs for everyday goods. For many, blockchain could be a way to bring that trust back.

If BlackRock and Ripple are indeed quietly aligned, it could mean that XRP plays a much bigger role in the future financial landscape than many expect. Whether this happens soon or years down the line, both companies appear to be positioning themselves for a world where traditional finance and blockchain are deeply interconnected.

The post Could Ripple’s XRP Become BlackRock’s Tool in a Crisis? appeared first on Coinpedia Fintech News
There’s been growing talk in the crypto and finance world about possible connections between Ripple and BlackRock, the world’s largest asset manager. While some of this chatter edges into conspiracy territory, several experts believe the two companies may be more closely aligned than most people realize. Moving in Lockstep In an interview with Paul Barron …

PEPE Tumbles on Market Jitters, Investors Seek Stability and Growth in Ethereum-Based RBLK

Monicah W

RBLK

The post PEPE Tumbles on Market Jitters, Investors Seek Stability and Growth in Ethereum-Based RBLK appeared first on Coinpedia Fintech News

PEPE and the Ethereum-based GameFi protocol Rollblock are both in the spotlight, but while one battles short-term volatility, the other is built for long-term, compounding gains. 

Analysts say RBLK could climb 50x in the months ahead, making it one of the best cryptos to invest in during 2025. Here’s what has got investors so excited.

Rollblock Set to Dominate Q3 Presales

Rollblock (RBLK) is more than another run-of-the-mill Web3 gaming platform, it’s a fully licensed GambleFi ecosystem on Ethereum offering over 12,000 AI-powered games, including poker, blackjack, and sports prediction leagues with thousands of real-time fixtures. 

Rollblock

Players can enjoy instant deposits through Apple Pay, Google Pay, Visa, and Mastercard, while every single wager and payout is protected by Ethereum smart contracts for verifiable fairness and security. Licensed under Anjouan Gaming and audited by the team at SolidProof, Rollblock merges crypto governance with mainstream usability.

Its staking crypto model rewards loyalty with some of the highest APYs in the space. Up to 30% of platform revenue funds token buybacks, 60% of those tokens are burned to reduce the supply forever, and 40% are paid to loyal stakers in the community. With a hard cap of just one billion tokens, these best low market cap crypto mechanics ensure scarcity going forward. 

It has been the case now for some time that Ethereum whales have been accumulating RBLK ahead of major exchange listings later this year, a sign that this high potential crypto is on institutional radars.

Why Ethereum investors are piling into RBLK now:

 • Over $15 million in bets placed since launch
• Deflationary buyback-and-burn model tied to real revenue
• Multi-currency fiat and crypto payment solutions
• Presale already 82% sold at $0.068 with more than $11.4 million raised
• Presale end date to be announced in under two months

As @Rollblockcasino stated: “The old way is broken. Unfair odds. Zero transparency. Greedy middlemen. RollBlock is flipping the script.” 

Find out what made Crypto Nautic so bullish here: https://youtu.be/vF8vIHIvjfE?si=uQsATqLU1fCmYW6b. 

Pepe (PEPE) Battles to Hold Momentum

PEPE is up 8.46% on August 9 to $0.00001228. Top trader and analyst @RISK noted recently, “PEPE is showing renewed strength after rebounding sharply from its daily support area… The current move suggests a potential continuation toward the $0.00001300 target zone.” 

The post goes on to highlight Pepe’s rising volume and higher lows, both pointing to sustained buyer interest at these levels.

pointing to sustained buyer

As one of the best meme coins on the market, PEPE has proven it can deliver sharp rallies when technicals align. However, with no DeFi token utility or deflationary economics, long-term growth is less predictable compared to low cap crypto gems like Rollblock. 

Traders see short-term potential for a breakout to $0.00001300, but holding above the $0.00001200 level will be critical in the coming days.

RBLK VS Pepe: Which Ethereum Project has the Most Potential?

Token Price Market Cap Revenue Share Potential Upside
RBLK $0.068 Low 30%  50x+
PEPE $0.00001228 High None 2x–3x

Could RBLK Outperform Meme Coins?

PEPE may deliver quick wins for traders who can time the market, but Rollblock’s fundamentals offer a rare mix of stability, scarcity, and high-yield rewards that long-term investors actively seek. 

With a deflationary supply, real revenue streams, and Ethereum whale accumulation already underway, RBLK could not only outpace nearly every top altcoin in 2025 but also cement itself as one of the most sustainable growth stories in the entire cryptocurrency market.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

The post PEPE Tumbles on Market Jitters, Investors Seek Stability and Growth in Ethereum-Based RBLK appeared first on Coinpedia Fintech News
PEPE and the Ethereum-based GameFi protocol Rollblock are both in the spotlight, but while one battles short-term volatility, the other is built for long-term, compounding gains.  Analysts say RBLK could climb 50x in the months ahead, making it one of the best cryptos to invest in during 2025. Here’s what has got investors so excited. …

Ripple News: Wall Street Analysts Downgrade XRP, Meanwhile RBLK Draws Institutional-Grade Interest

Monicah W

RBLK

The post Ripple News: Wall Street Analysts Downgrade XRP, Meanwhile RBLK Draws Institutional-Grade Interest appeared first on Coinpedia Fintech News

The latest Ripple news is shaking the market, but it’s the quiet accumulation in GambleFi upstart Rollblock that could matter more right now. As Ripple deals with a new downgrade and a high-profile Wall Street jab, Rollblock continues to attract the kind of big-money accumulation rarely seen in early-stage presale projects. 

Top analysts see RBLK as a serious contender for 50x returns in 2025, making it one of the top cryptocurrencies to watch in the months ahead.

Rollblock Sees Surge in Whale Activity

Savvy whales and institutional players are quietly building significant positions in Rollblock (RBLK), drawn to its blend of Web3 innovation, deflationary tokenomics, and consistent revenue generation. 

RBLK

The platform’s 12,000+ AI-powered games span poker, blackjack, and live sports prediction leagues, all backed by a Gaming Anjouan license and a SolidProof audit for maximum transparency. Deposits can be made via Apple Pay, Google Pay, Visa, and Mastercard, with every payout locked into the Ethereum blockchain to guarantee fairness and complete transparency.

RBLK’s staking crypto model is designed to keep supply tight while generously rewarding loyal holders. Up to 30% of the platform’s revenue is used to buy back tokens from the market – 60% of these buybacks are burned to reduce the total supply, and the remaining 40% funds are used for staking rewards of up to 30% APY. 

With a hard cap of one billion tokens, it’s a low market cap crypto positioned superbly for long-term value appreciation, and this built-in scarcity is exactly what sets the presale apart from the flood of other iGaming tokens that lack both supply discipline and a true deflationary model.

Key points for investors include:

 • Over $15 million in bets processed
• Revenue-backed, deflationary buyback-and-burn cycle
• Fully regulated with transparent operations
• Presale is selling fast at $0.068, raising $11.4 million
• Major exchange listings due later this year

RBLK

Watch the full lowdown from Freddie Finance right here: https://youtu.be/qztj3p8uy_c?si=U1TVQ94C6Anvi6Vp and see what has him so excited!

XRP Battles the Critics

XRP is trading at $3.28 today https://coinmarketcap.com/currencies/xrp/, up 13.77% in the last week of trading despite a round of criticism from Wall Street veteran Fred Krueger. In a post that lit up social media, he claimed “not one actual human being” uses XRP for anything real.

His comments triggered a wave of community pushback, with former Ripple director Matt Hamilton replying: “I literally just sent some XRP to help out a friend. I am in the UK, they are in the US. It was the easiest, cheapest, and fastest way.”

This public spat has reignited the debate over Ripple’s cryptocurrency use case. Supporters point to XRP’s ledger transactions for NFTs and DeFi tokens, while critics argue these are niche activities. 

RBLK

For investors comparing the top altcoins, the question now is whether XRP can grow adoption fast enough to compete with high-potential crypto plays like Rollblock.

Ripple Vs. RBLK Comparison 

Token Price Market Cap Revenue Share Potential Upside
RBLK $0.068 Low 30%  50x+
Ripple $3.28 Very High None 2x–4x

Could Rollblock Outperform Ripple?

While Ripple dominates news headlines for its community’s defense against Wall Street critics, Rollblock is pulling in whales with its scarcity, revenue model, and institutional-ready structure. In a year where capital is chasing the best altcoins and the next big crypto plays, the gap between sentiment and fundamentals could not be clearer. 

For investors seeking the best low market cap crypto with a legitimate path to 50x returns, the smart money already knows which way to move.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

The post Ripple News: Wall Street Analysts Downgrade XRP, Meanwhile RBLK Draws Institutional-Grade Interest appeared first on Coinpedia Fintech News
The latest Ripple news is shaking the market, but it’s the quiet accumulation in GambleFi upstart Rollblock that could matter more right now. As Ripple deals with a new downgrade and a high-profile Wall Street jab, Rollblock continues to attract the kind of big-money accumulation rarely seen in early-stage presale projects.  Top analysts see RBLK …

Pi Network News: Binance May ‘NOT’ List Pi Coin On August 15, Here’s Why

Monicah W

Pi Network News Is Binance Finally Listing Pi Coin Wallet Activity Fuels Hope

The post Pi Network News: Binance May ‘NOT’ List Pi Coin On August 15, Here’s Why appeared first on Coinpedia Fintech News

Pi Network’s price has slipped into the red zone once more, falling 7% in the last 24 hours to trade at around $0.39. This drop comes amid debates about when – or if – Binance will finally list Pi Coin.

The Buzz Around August 15

The speculation about a possible August 15 listing did not come out of nowhere. Back in February, Binance Square ran a poll that attracted nearly 295,000 participants. A massive 86% of them voted in favour of Pi Coin’s listing, showing strong community support.

Recently, a user directly asked crypto analyst Dr. Altcoin: “What do you think of August 15? Will Binance list Pi?”

Expert Says: Not Yet

Dr. Altcoin responded that he does not believe Binance will list Pi Coin in August. He also said the Pi Core Team (PCT) is not yet ready to fully disclose its Open Mainnet roadmap or tokenomics. In his view, it’s still a “waiting game” for both the community and the exchange.

Why the Delay?

According to Dr. Altcoin, Binance is well aware of Pi’s strong foundation, large community base, and significant potential. At the same time, the PCT is taking a slow and calculated approach – perfecting the Pi blockchain, running stress tests, and fine-tuning the system before going public.

Pi Network currently has over 400,000 active nodes, making it one of the most distributed blockchain networks in the world. Experts believe it could process huge transaction volumes at high speed once fully operational.

Dr. Altcoin remains bullish on Pi’s future, saying he has a five-year investment outlook and continues to buy Pi weekly. Whether Binance lists the coin now or later, he says, does not change his strategy.

The post Pi Network News: Binance May ‘NOT’ List Pi Coin On August 15, Here’s Why appeared first on Coinpedia Fintech News
Pi Network’s price has slipped into the red zone once more, falling 7% in the last 24 hours to trade at around $0.39. This drop comes amid debates about when – or if – Binance will finally list Pi Coin. The Buzz Around August 15 The speculation about a possible August 15 listing did not …

News

PI Network Eyes Major Upswing as New Demand Emerges

Monicah W

On Saturday, the PI Network token closed above the upper boundary of its horizontal channel, signaling a potential bullish breakout. 

Over the past 24 hours, improving market sentiment has fueled the altcoin’s rally. It has climbed 2% and looks poised to extend its gains further.

PI Breakout Sparks Optimism for Sustained Price Rally

Readings from the PI/USD one-day chart show that yesterday, PI’s price broke above the upper line of the horizontal channel. This channel had prevented any significant upward movement between August 2 and August 8.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

PI Horizontal Channel.
PI Horizontal Channel. Source: TradingView

This breakout propelled PI to 16% gains during yesterday’s trading session. When an asset breaks above a key resistance line like this, it suggests renewed bullish sentiment and the possibility of a sustained rally. 

For PI, this breakout could mark the start of a stronger upward trend as traders gain confidence and momentum builds.

Strong Buying Interest Pushes PI Higher

Today, PI has maintained its rally, climbing by 2%. A surge in trading volume accompanies this price increase. Over the past 24 hours, it has jumped nearly 150% to reach $270 million by press time.

PI Trading Volume
PI Trading Volume. Source: Santiment

Rising price combined with increased trading volume like this confirms the strength of a trend. It indicates that more participants are actively buying, supporting the price movement and reducing the likelihood of a false breakout. 

For PI, the volume surge strengthens the positive momentum and suggests that the rally may continue in the near term.

Additionally, PI’s rally over the past two sessions has pushed its price above the 20-day exponential moving average (EMA), confirming growing demand. At press time, this key moving average forms dynamic support under the token’s price at $0.4038.

PI 20-Day EMA
PI 20-Day EMA. Source: TradingView

The 20-day EMA measures an asset’s average price over the past 20 trading days, giving weight to recent prices. When an asset’s price trades above its 20-day EMA, short-term bullish momentum is growing as buying interest surges.

This confirms the asset is in an upward trend and may continue to gain strength.

PI Rally Gains Traction, Eyes $0.52

If buying momentum continues, PI could extend its rally and attempt a break above the key resistance level at $0.4451. A successful breakout above this barrier may propel the price toward $0.5281.

PI Price Analysis.
PI Price Analysis. Source: TradingView

Conversely, if traders begin taking profits, PI’s price could retrace to support near $0.3773.

The post PI Network Eyes Major Upswing as New Demand Emerges appeared first on BeInCrypto.