The latest update from cryptocurrency exchange Binance has nabbed significant attention, offering investors a new opportunity to make returns despite the broader market uncertainty. The CEX behemoth revealed this Friday that it is opening trading for a new crypto, Balance (EPT), shortly ahead. Meanwhile, the exchange also revealed that it will commence futures trading for the same crypto soon.
As a result, market watchers are thoroughly observing this token, expecting price gains ahead in light of enhanced market support on one of the top crypto exchanges.
Binance To Open Trading For Balance (EPT) Crypto: Here Are The Key Details
Binance informed users via an official press release on April 18 that Balance (EPT) will be open for trading on the Alpha platform starting April 21 at 12:00 UTC. The new crypto listing comes as the CEX exchange continues to tap into emerging market opportunities.
Additionally, the listing announcement highlighted airdrop eligibility details for the same crypto project. These details were exclusively for users who have purchased on Alpha using Spot or Funding accounts on the exchange between April 11 and April 17, 23:59 UTC.
What’s More?
Moreover, Binance added in its announcement that the EPTUSDT USD-Margined perpetual contract will also be launched on April 21 at 13:00 UTC. The underlying asset for this contract remains Balance.
Further, users can enjoy up to 20x leverage while futures trading this asset. This perpetual contract will also be available for Futures Copy trading within 24 hours of the launch.
For context, Balance is a next-gen AI+Web3 protocol and framework for social and gaming, seamlessly integrating AI technology, blockchain technology, and decentralized applications.
Usual market sentiments remain highly optimistic in the wake of listings on top crypto exchanges, as it enhances market exposure globally. Historically, airdrops, listings, and perpetual contract launches on the same exchange have ushered in remarkable price gains for tokens.
Intriguingly, CoinGape reported that Binance listed VIRTUAL the previous week, sparking investor optimism surrounding its price action. Since the announcement, VIRTUAL price has been up nearly 21% weekly. As a result, crypto market traders remain optimistic about the Balance (EPT) crypto launch on the same exchange.
As Pi Coin continues to hover near the $0.6 mark, speculations are high over a major Pi Network listing’s impact on the crypto’s price ahead. The community has called for major updates from the Pi Core team or significant listing updates to help recover the asset’s price. Amid this, a top crypto exchange has shared a cryptic post, indicating a potential listing ahead and sparking market optimism.
Top Crypto Exchange Sparks Pi Network Listing Speculations
A recent X post from HTX Exchange fueled speculations over a potential Pi Network listing. The exchange posted an image featuring the Pi Coin logo alongside other crypto projects. Though no direct announcement was made, the visual cue was enough to trigger optimism among Pi supporters.
Shortly after, Pi-dedicated media outlet The Times of PiNetwork commented on the image. They suggested that HTX might be preparing to list Pi Coin through a verified onboarding process. “HTX tagged the Pi logo in its latest X post. Could this mean a spot listing is on the way via KYB?” the platform posted, raising eyebrows across the crypto space.
Source: The Times of PiNetwork, X
Is KYB Verification Complete?
Validator group PiNewsZone also responded to the buzz. They hinted that the Know Your Business (KYB) verification process could already be complete. “Seems they have passed KYB. lets hope they update it.” they remarked.
While no formal listing confirmation has surfaced, this activity signals growing institutional interest in Pi Network. Besides, a renowned figure from the Pi Community has lauded the Network’s slow growth as a “strategic” move recently.
Pi Network Price: What Lies Ahead?
Pi value today recorded marginal gains and exchanged hands at $0.6137 and its one-day volume fell 29% to $119.09 million. Notably, the crypto has hovered between the $0.63 and $0.60 levels over the last 24 hours due to the absence of any major catalysts.
Community Calls For Transparency & Efforts
Meanwhile, the Pi Network community has called on the core team to act decisively for weeks. Now, the holders and community want more transparency and stronger efforts to push for exchange listings.
Considering that, a potential listing on a leading platform like HTX could be a game-changer. It may boost liquidity, open up global access, and restore momentum. However, without any major catalysts, a Pi Price prediction hints that the crypto might hover near its current level over the next few months.
Shiba Inu price has not made any meaningful gains over the past month, as meme coin traders remain cautious due to uncertainty caused by tariffs and the trade war. However, one top trader has used an Elliott Wave analysis to identify a bullish outlook for SHIB, suggesting that it may be on the verge of a 700% rally to $0.0001. Is this price target realistic? Let’s explore.
What Elliot Wave Analysis Says About Shiba Inu Price
Analyst CaptToblerone used the Elliott Wave analysis to forecast that the Shiba Inu price was on the verge of a major upside move. The meme coin may have completed the corrective phase near the $0.0000055 price level, suggesting that SHIB may have bottomed and it is now prime for an upward recover.
The analyst noted that Shiba Inu is now prime for five waves of recovery, where the price will climb slowly, with a series of higher highs. If the pattern plays out, Shiba Inu price could rally to as high as $0.00014, which is more than ten times its current price.
Shiba Inu Price Chart
CaptToblerone added that the SHIB price had followed the Elliott Wave pattern in the past, suggesting that the rally to $0.00014 will likely happen.
Is $0.0001 a Realistic Target for SHIB Price?
$0.0001 is a realistic target for the Shiba Inu price. At this price, this top meme coin would have a market capitalization of $58.9 billion, which is also a realistic target.
Shiba Inu has been close to attaining this price target in the past. This is because the meme coin’s all-time high stands at $0.000088, attained in 2021. Moreover, several bullish catalysts could make this price rally possible.
One of these catalysts is the SHIB burn rate. If the burn rate can skyrocket, it will remove a significant amount of tokens from the circulating supply. This will help drive the price rally. Additionally, increased activity on the Shibarium layer 2 network will be a catalyst for a positive Shiba Inu price prediction.
Shiba Inu Open Interest Rebounds
The SHIB open interest has rebounded significantly since hitting a record low of $89M last week. At press time, this metric stood at $116M, suggesting that traders are opening new positions on the meme coin, as they bet on a major price move.
Shiba Inu Open Interest
The open interest is rising when the funding rates are positive according to data from Coinglass. This indicates that many traders have opened long positions on Shiba Inu. As more traders bet that the price is going to increase, it highlights a bullish market sentiment.
Therefore, if Shiba Inu follows the path laid out in the Elliott Wave analysis, it is likely that the price will surge to $0.00001. This is a realistic target for SHIB as it will give the meme coin a $58 billion market. The rising open interest also supports this bullish outlook.
Pi Network cryptocurrency is gaining attention in the crypto world once again, with analysts noting a sharp uptick in Pi Coin price momentum and growing interest.
After breaking above the $0.60 mark, many believe the Pi crypto price is preparing for a potential move toward the $1 level, although not everyone agrees on the timeline.
Pi Network Price Gains Momentum Amid Bullish Indicators
Crypto analyst Xia recently highlighted a rapid rise in Pi Coin’s momentum, pointing to its price jump past $0.63 and a local high of $0.6441. She emphasized that trading volume is strong, and key technical indicators like the RSI and MACD are turning bullish, which could signal the start of a larger upward trend.
Xia also cited Pi’s strong ecosystem activity. During the recent Pi Fest, over 1.8 million users participated, with more than 58,000 sellers contributing to network engagement. She questioned why traders were still hesitant about Pi despite these promising fundamentals.
First, he recommended expanding the number of KYB-approved exchanges and enabling broader market access, including platforms like OKX in restricted regions. Second, he called for more institutional buyers to absorb the Pi supply, with firms like BANXA suggested as potential large-scale buyers. Third, he stressed the importance of regular updates from the Pi Core Team, including new partnerships or product rollouts that could boost demand.
Pi Network Price Prediction
Analyst Moon Jeff believes Pi Coin is holding its $0.61 support well and could be poised for a move back to $1 if momentum continues. Another analyst, PiNewsZone, echoed this sentiment, suggesting that Pi would become “unstoppable” once it breaks above $1, encouraging users to accumulate during this phase.
108 Million PI Tokens Unlock in April
The biggest headwind for Pi Coin isn’t just technical, it’s the incoming supply shock. According to Pi scan, as of April 17, over 108.9 million PI tokens are scheduled to be unlocked during the month, putting further pressure on the already struggling coin.
On April 16 alone, 2.8 million PI were released into circulation. The unlocks will continue daily, with between 5 to 6 million tokens being unlocked each day. For example, 5.74 million tokens are expected to be unlocked on April 20, followed by 5.14 million on April 21 and 5.91 million on April 22.
All these factors could drive Pi Coin sharply higher if momentum sustains, and investors are eyeing every move it makes.
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Pi Network cryptocurrency is gaining attention in the crypto world once again, with analysts noting a sharp uptick in Pi Coin price momentum and growing interest. After breaking above the $0.60 mark, many believe the Pi crypto price is preparing for a potential move toward the $1 level, although not everyone agrees on the timeline. …
The crypto market in 2025 was supposed to boom, but reality hit differently. Bitcoin soared to $109K after Trump’s inauguration, only to crash back to earth as tariff fears and regulatory delays wiped out early gains. Now, as BTC struggles to hold the $84K level, Trump’s latest remarks about Federal Reserve Chair Jerome Powell have sparked fresh concerns.
“It Will Crash Markets”: Warren Slams Trump’s Powell Threat
Senator Elizabeth Warren, known for her sharp criticism of both Wall Street and the Federal Reserve, surprisingly stepped in to defend Powell, but only to a point. Speaking on CNBC, she made it clear that she still disagrees with Powell on many policies. However, she believes protecting the Fed’s independence is crucial for the health of the U.S. economy.
“If Chairman Powell can be fired by the president of the United States, it will crash markets,” Warren said bluntly from the New York Stock Exchange. Her main argument was that the central bank must operate free from political pressure. If it doesn’t, global investors could lose confidence in the U.S. system, comparing it to “any other two-bit dictatorship.”
Trump’s Truth Social Post Targets Powell,
On Thursday, Trump posted on Truth Social, calling Powell “always TOO LATE AND WRONG” and adding that his “termination cannot come fast enough.”
Although a senior White House official later clarified that Trump’s post wasn’t an official firing attempt, the tone alone sent shockwaves through markets and among lawmakers.
Powell has previously stated that a president cannot fire a Fed chair without cause, and no formal legal challenge has been made—yet.
Trump’s Tariff Games and Powell Pressure Could Shake Global Confidence
The Fed raised interest rates aggressively during Biden’s term to fight post-pandemic inflation, and while it began easing in 2024, Powell signaled recently that he’s not rushing more cuts, especially given the uncertainty surrounding Trump’s changing tariff plans. While Trump temporarily calmed markets with a 90-day pause on tariffs, once this window is over, this tariff mess can further crash the market. On the other side, if he tries to remove Powell, he might create further market instability, as warned by several senior senators.
Warren’s warning isn’t just political, it’s a call to preserve the foundations of the global economy. As markets remain sensitive to both Fed signals and political noise, any future interference from the White House could do more than shake up leadership; in the long run, it might shake global investor confidence to its core.
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The crypto market in 2025 was supposed to boom, but reality hit differently. Bitcoin soared to $109K after Trump’s inauguration, only to crash back to earth as tariff fears and regulatory delays wiped out early gains. Now, as BTC struggles to hold the $84K level, Trump’s latest remarks about Federal Reserve Chair Jerome Powell have …
Circle, the issuer behind the USDC stablecoin, has officially introduced the Refund Protocol—an advanced smart contract framework developed by Circle Research.
This innovation marks a turning point for decentralized stablecoin payments by directly embedding on-chain dispute resolution mechanisms into the blockchain, ensuring digital commerce transparency, security, and trust.
Role of Refund Protocol in the Circle Ecosystem
Traditional stablecoin payment models often lack on-chain refund or dispute resolution mechanisms. Typically, the sender’s stablecoins are held in escrow for a period before being released to the recipient.
An external party, known as an arbiter, oversees this escrow account. However, resolution usually happens off-chain when disputes arise, leading to two major concerns: centralized control by the arbiter and lack of transparency in the dispute process.
To solve this, Circle has designed the Refund Protocol to enhance the overall stablecoin payment experience, especially for USDC. The protocol acts as a smart contract, enabling non-custodial escrow and on-chain dispute resolution.
“Today, Circle’s R&D team released a new Refund Protocol for stablecoin payments. This builds on our earlier open source releases for confidential payments as well as reversible payments. Progress in mainstreaming stablecoin payments,” said Circle CEO Jeremy Allaire.
Rather than controlling the escrow account, the Refund Protocol can only do two things: release funds to the recipient or refund them to the customer. This removes reliance on third-party intermediaries, increases transparency, and boosts efficiency and user trust.
Refund Protocol to Help USDC Gain Market Share?
According to data from DefiLlama, USDT from Tether currently dominates the stablecoin market with over 61% market share. Although USDC holds the second position, its market capitalization is still less than half that of USDT.
The launch of Refund Protocol provides Circle with a strategic edge. By offering developers and businesses an easy way to integrate USDC payments into e-commerce platforms, NFT marketplaces, and DeFi applications, the protocol strengthens USDC’s position as a flexible and reliable medium of exchange.
Additionally, Refund Protocol gives Circle an advantage by providing a decentralized, low-cost, and transparent solution. This will help USDC stand out in real-world applications.
Refund Protocol may face regulatory hurdles despite its innovation, especially in jurisdictions with strict blockchain laws. The legal recognition of on-chain dispute resolution remains uncertain in many regions, potentially posing one of the biggest obstacles to widespread adoption.
Ethereum reached a notable milestone earlier this month when the US Securities and Exchange Commission (SEC) approved options trading for several spot exchange-traded funds (ETFs). The move is expected to increase liquidity, attract interest from institutional investors, and solidify Ethereum’s position as a major cryptocurrency.
Yet Ethereum’s smaller market cap relative to Bitcoin means it is also vulnerable to gamma squeezes, thereby increasing investor risks. BeInCrypto consulted an expert in derivatives trading and representatives from FalconX, BingX, Komodo Platform, and Gravity to analyze the potential impact of this new characteristic.
This week marked the official debut of options trading for spot Ethereum ETFs in the United States. BlackRock’s iShares Ethereum Trust (ETHA) was the first to list options, with trading commencing on the Nasdaq ISE.
Shortly after, a broader availability of options followed, including those for the Grayscale Ethereum Trust (ETHE) and the Grayscale Ethereum Mini Trust (ETH), as well as the Bitwise Ethereum ETF (ETHW), all of which began trading on the Cboe BZX exchange.
This move allows a wider range of investors, beyond crypto traders, to benefit from hedging and speculation opportunities on Ethereum’s price through options on familiar investment vehicles like ETFs without direct ownership.
The timing of this news is particularly positive, as Ethereum has been losing some ground in the market lately.
Options Trading to Bolster Ethereum’s Market Position
A significant decline in market confidence surrounded Ethereum this week, with BeInCrypto reporting its price had plummeted to its lowest point since March 2023. This drop coincided with a broader market downturn, worsened by Donald Trump’s Liberation Day.
Meanwhile, large Ethereum holders are increasingly selling off substantial amounts, putting downward pressure on their prices. Ethereum’s value has fallen sharply by 51.3% since the beginning of 2025, and investor confidence has waned, as evidenced by a decrease in addresses holding at least $1 million in ETH.
Holders with at least $1 million worth of ETH. Source: Glassnode.
With options trading now accessible to more traders, experts anticipate that Ethereum’s market position will improve.
“ETH’s been leaking dominance, stuck sub-17%. Options give it institutional gravity. It becomes more programmable for fund strategies. More tools mean more use cases, which then in turn means more capital sticking around,” Martins Benkitis, CEO and Co-Founder of Gravity Team, predicted.
This newfound accessibility of options trading will create additional opportunities for investors and the broader Ethereum ecosystem.
Greater Investor Access and Liquidity
The SEC’s approval of Ethereum ETFs in July 2024 was significant because it allowed traditional investors to enter the crypto market without directly holding the assets. Now, with options trading also available, these benefits are expected to be even greater.
The Ethereum ETF market will naturally become more liquid with increased participation through options trading.
High Trading Volumes and Hedging Demands
The SEC’s fresh approval of options trading for Ethereum ETF investors suggests that the market will likely initially experience a high trading volume. As a result, market makers must be prepared.
An increase in call options will require institutional market makers to hedge by buying more Ethereum to meet demand.
Ethereum will also secure a unique advantage, particularly in institutional trading, enhancing its perceived quality and driving optimism among key market participants.
“ETH just got a serious institutional tailwind. With options now in play, Ether is stepping closer to BTC in terms of tradable instruments. This levels up ETH’s legitimacy and utility in hedging strategies, narrowing the gap on Bitcoin’s dominance narrative,” Benkitis told BeInCrypto.
Yet, rapid surges in options trading could also have unintended consequences on Ethereum’s price, especially in the short run.
Will Investors Suffer a Gamma Squeeze?
As market makers rush to acquire more of the underlying asset in case of a higher volume of options calls, Ethereum’s price will naturally increase. This situation could lead to a pronounced gamma squeeze.
When market makers hedge their positions in this scenario, the resulting buying pressure would create a positive feedback loop. Retail investors will feel more inclined to join in, hoping to profit from Ethereum’s rising price.
The implications of this scenario are especially pronounced for Ethereum, considering its market capitalization is notably smaller than that of Bitcoin.
Retail traders’ aggressive buying of ETHA call options could compel market makers to hedge by acquiring the underlying ETHA shares, potentially leading to a more pronounced effect on the price of ETHA and, by extension, Ethereum.
“We believe option sellers will generally dominate in the long-run but in short bursts we could see retail momentum traders become massive buyers of ETHA calls and create gamma squeeze effects, similar to what we’ve seen on meme coin stocks like GME. ETH will be easier to squeeze than BTC given it is only $190 billion market cap vs BTC’s $1.65 trillion,” Joshua Lim, Global Co-head of Markets at FalconX, told BeInCrypto.
Arbitrage involves exploiting price differences for the same or nearly identical assets across different markets or forms. This is done by buying in the cheaper market and selling in the more expensive one.
According to Grant, traders will increasingly look for and exploit these price differences as the market for ETH options on different platforms develops.
While arbitrage activity is expected to refine pricing and liquidity within the Ethereum options market, the asset continues to operate under the shadow of Bitcoin’s established market leadership.
Will Landmark Options Approval Help Ethereum Close the Gap on Bitcoin?
Though Ethereum achieved a major landmark this week, it faces competition from a major rival: Bitcoin.
In late fall of 2024, options trading started on BlackRock’s iShares Bitcoin Trust (IBIT), becoming the first US spot Bitcoin ETF to offer options. Though not even a year has passed since the original launch, options trading on Bitcoin ETFs experienced strong trading volumes from retail and institutional investors.
According to Kadan Stadelmann, Chief Technology Officer of Komodo Platform, options trading for Ethereum ETFs will be comparatively underwhelming. Bitcoin will still be the cryptocurrency of choice for investors.
“Compared to Bitcoin’s Spot ETF, Ethereum’s ETF has not seen such stalwart demand. While options trading adds institutional capital, Bitcoin remains crypto’s first mover and enjoys a greater overall market cap. It is not going anywhere. It will remain the dominant crypto asset for institutional portfolios,” Stadelmann told BeInCrypto.
Consequently, his outlook does not include Ethereum’s market position surpassing Bitcoin’s in the immediate term.
“The once-promised flippening of Bitcoin’s market capitalization by Ethereum remains unlikely. Conservative and more-monied investors likely prefer Bitcoin due to its perceived safety compared to other crypto assets, including Ethereum. Ethereum, in order to achieve Bitcoin’s prominence, must depend on growing utility in DeFi and stablecoin markets,” he concluded.
While that may be the case, options trading doesn’t harm Ethereum’s prospects; it only strengthens them.
Can Ethereum’s Options Trading Era Capitalize on Opportunities?
Ethereum is now the second cryptocurrency with SEC approval for options trading on its ETFs. This single move will further legitimize digital assets for institutions, increasing their presence in traditional markets and boosting overall visibility.
Despite recent significant blows to Ethereum’s market position, this news is a positive development. Although it might not be sufficient to surpass its primary competitor, it represents a step in the right direction.
As investors get used to this new opportunity, their participation level will reveal how beneficial it will be for Ethereum.
Galaxy Digital, a leading crypto investment firm, has recently captured the crypto community’s attention. The firm recently transferred massive Ethereum (ETH) holdings to centralized exchanges.
The move comes when the crypto market navigates significant volatility, prompting investors to question whether this signals a major sell-off or reflects Galaxy Digital’s strategic portfolio management.
Galaxy Digital’s Persistent ETH Transfers to Exchanges
On-chain data reveals Galaxy Digital has executed a series of substantial ETH transfers to major exchanges in less than a week. On the morning of April 18, 2025, the firm sent 12,500 ETH, valued at approximately $20 million, to Binance.
Just a day earlier, on April 17, Galaxy Digital moved 12,181 ETH, worth around $19.02 million, to another centralized exchange. On April 16, an additional 12,500 ETH, valued at $20.31 million, was transferred to Binance. On April 15, another transaction involving 12,500 ETH and 5 million USDT was sent to the same platform.
In total, Galaxy Digital has moved a significant volume of ETH, worth over $100 million, out of its wallets in a short period. The scale and frequency of these transactions have sparked widespread speculation about the firm’s true intentions.
Sell-Off or Strategic Restructuring?
Large-scale ETH transfers to exchanges are often interpreted as a precursor to selling. If Galaxy Digital is offloading ETH, it could exert downward pressure on the asset’s price, particularly given the current market uncertainty.
ETH’s price has already declined significantly from its cycle peak. And Galaxy Digital’s transactions could amplify bearish sentiment among investors.
However, not all exchange transfers equate to a sell-off. Galaxy Digital might be preparing for other activities, such as providing liquidity for its financial products or executing swaps to diversify its portfolio. Still, these transfers’ sheer volume and rapid pace have raised concerns about their potential impact on ETH’s price.
Adding to the intrigue, these transactions coincide with Christine Kim’s resignation as Galaxy Digital’s Vice President of Research.
Kim, a well-known Ethereum expert, recently left the firm to pursue her ventures. While no direct evidence links her departure to the ETH transfers, the timing has fueled speculation about whether Galaxy Digital is reevaluating its stance on Ethereum.
A blazing Oracle Red Bull Racing F1 car races past hundreds of millions of viewers around the globe, with the Gate.io logo standing out prominently on its body. At the same time, in the digital realm, millions of Web3 users are embarking on their WCTC S7 journey, an exhilarating race in the world of global crypto trading. This marks the first time the crypto industry has resonated with mainstream culture in such a dynamic and synchronized fashion.
For Gate.io, 2025 is both a significant milestone, celebrating its 12th anniversary and a starting line for the future. At this critical juncture, Gate.io has not only completed a comprehensive brand upgrade, officially adopting “Damen” (大门, meaning “The Gate”) as its Chinese name, but also refreshed its visual identity, ecosystem positioning, and global strategic direction.
In an even bolder move, it has partnered with the world-renowned Oracle Red Bull Racing in F1, marking a major milestone in its global cross-industry collaborations and unlocking massive influence on a global scale.
From Red Bull, Seeing Gate.io’s Multi-Dimensional Brand Expression
On the F1 circuit, Red Bull stands for more than championship performance and cutting-edge innovation. It has evolved beyond its origins as an energy drink brand, expanding into racing, extreme sports, music, and media—becoming a benchmark for diversified global brand operations. Among its many endeavors, the team is undoubtedly the crown jewel of its multi-faceted brand strategy.
Both Red Bull and Gate.io are breaking boundaries and pushing limits in their respective domains. Red Bull through adrenaline-fueled spectacles, and Gate.io through technology-driven platforms and community-driven innovation. Their collaboration goes beyond exposure; it is a shared commitment to serving a global, young, open, and engaged audience.
For Gate.io, the partnership represents more than a marketing opportunity, it’s a powerful manifestation of its diversified strategy and a profound alignment of brand values, ecosystem vision, and user identity. On the world’s fastest track, a veteran yet constantly evolving crypto trading platform is now using speed, technology, and cultural synergy to redefine the imaginative boundaries of the next mainstream Web3 gateway.
According to Gate.io Founder and CEO Lin Han, Red Bull embodies the very ecosystem Gate.io strives to build: “Gate.io is more than just a digital asset exchange. We are building an open, technology-driven, globally collaborative platform. This vision is deeply aligned with Red Bull’s spirit and philosophy.”
A Brand Evolution: Gate.io “User Universe” Is Taking Shape
Behind the brand upgrade lies the synchronized evolution of Gate.io’s core businesses. The company has developed a multi-layered Web3 ecosystem that spans trading, wallets, public chains, educational platforms, and investment funds. From professional traders to developers, retail investors to institutional clients, Gate.io is attracting and empowering a broad user base with its expanding product offerings and increasingly sophisticated services.
According to its recently released Q1 2025 report, Gate.io’s ecosystem is growing rapidly, with key business lines showing robust momentum:
Trading volume is rising across the board, with futures trading volume increasing by approximately 31% quarter-over-quarter.
The platform token GT reached a record high of $25.96, up nearly 70% since the start of the year.
Total platform reserves exceeded $10.328 billion, ranking among the global top 4.
Quantitative investment is booming, with copy trading volume soaring by 780%.
Launchpool has been fully upgraded, facilitating the rapid launch of over 140 new projects.
Over 1,000 tokens have been listed in the Pilot Zone, capturing high-yield meme projects and emerging trends.
Meanwhile, Gate Wallet has built a comprehensive digital asset management solution supporting nearly 200 blockchains. Gate Connect facilitates transactions in 52 fiat currencies across 80 countries, offering more than 450 payment methods.
The newly launched Gate Card Silver virtual card, alongside the fast-growing Gate Community, is driving innovation through branded events, Gate Live interactive streams, Gate Post, Gate.io Chat Group, blogs, YouTube, TikTok, and other content channels. Through this multidimensional layout, Gate.io is constructing a diversified, full-spectrum Web3 ecosystem—a never-before-seen “user universe” is taking shape.
Faster and Further: Accelerating into the Global Mainstream Spotlight with F1
Partnering with Oracle Red Bull Racing in F1 marks Gate.io’s first global “accelerator” move following its brand upgrade and symbolizes a cross-industry exploration connecting crypto technology with mainstream culture. As a sponsor, Gate.io will appear at every F1 event throughout the season, with its logo shining on trackside screens around the world. More importantly, by leveraging Red Bull’s brand power, event visibility, and massive global fan base, Gate.io is opening a new “gate” for Web3 to enter the mainstream consciousness.
From rebranding and ecosystem expansion to entering the global spotlight of Red Bull Racing and its hundreds of millions of viewers, Gate.io is introducing the speed, warmth, and spirit of participation that defines Web3 in a bold new way. Looking ahead, Gate.io will continue deepening its diversified ecosystem strategy, forging connections across culture, content, and everyday life, creating a truly open, collaborative, and decentralized Web3 arena for users around the world. The gate is open, the future is accelerating. Let’s embark on the journey together.
Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the User Agreement.
TAO, the altcoin that powers Bittensor’s decentralized machine learning network, has soared 10% in the past 24 hours. It has outperformed major cryptocurrencies like Bitcoin (BTC), which has seen a modest gain of 0.13%, and Ethereum (ETH), whose value has dipped by 1.3% over the past day.
With technical indicators hinting at growing bullish pressure, TAO could extend its double-digit rally in the short term.
TAO Flashes Bullish Signal
TAO’s price has broken above its 20-day Exponential Moving Average (EMA), an indicator that suggests a strong bullish trend in its spot market.
The 20-day EMA measures an asset’s average price over the past 20 trading days, giving more weight to recent prices. When an asset’s price breaks above this key moving average, it signals a shift in momentum toward a bullish trend. Traders view it as a short-term signal that the asset may continue to rise.
This crossover confirms TAO’s growing buying pressure and renewed investor confidence. It also hints at a sustained price rally as long as the 20-day EMA remains below the token’s price, to offer a dynamic support floor against any significant price dips.
Additionally, the altcoin’s rising Relative Strength Index (RSI) further supports the demand spike, reinforcing the likelihood that TAO’s upward trend could continue. At press time, this is at 54.86.
This indicator ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound
TAO’s RSI confirms that bullish momentum is building gradually. It indicates growing buying interest, with room for further upside before reaching overbought conditions above 70.
TAO Eyes $279.70 Breakout as Bullish Momentum Builds
TAO currently trades at $255.20. With strengthening bullish pressure, the altcoin could extend its gains and break above $279.70, its next major resistance level. A successful breach of this price spot could propel TAO’s price to $366.10.
However, a spike in profit-taking activity will invalidate this bullish outlook. If demand wanes and TAO sellers regain market control, they could force the token’s price below its 20-day EMA, which forms dynamic support at $237.30.
If this happens, the TAO token price could fall further to $163.70.