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Nearly five months after the US Treasury Department lifted sanctions against Tornado Cash, the federal agency has dropped its appeal against the crypto mixer. The latest play formally brings the long-drawn Tornado Cash lawsuit to a close, but key developer Roman Storm still faces a stiff legal battle. Coin Center And The Treasury End Tornado

The post Just In: US Government And Coin Center Agree To Drop Tornado Cash Lawsuit appeared first on CoinGape.

Solana’s Pumpfun platform is set to launch its official token, PUMP, in a public sale starting July 12, 2025. Pumpfun allows anyone to create their own tokens for free, making it a game-changer in the crypto world. Pumpfun Launches PUMP Token Sale on Gate.com According to the announcement on Gate.com website, this exciting event marks

The post Breaking: Solana’s Pumpfun To Launch $4B Token Sale On July 12 appeared first on CoinGape.

The post Doge Price Analysis for July: Here’s Why $0.18, $0.21 & $0.36 are Key Levels to Monitor for the DOGE Price Rally appeared first on Coinpedia Fintech News

After multiple failed attempts, the Dogecoin price has marked the local highs close to $0.176, hinting towards a rise in the strength of the bulls. The Bulls have been displaying strength lately but are also facing enough pressure from the opposition. As a result, rising and sustaining above $0.18 has become a tedious job as well as time-consuming. It does look like DOGE is building strong breakout potential… but the timeline is wide—ranging from short-term (days/weeks) to medium-term (months), or even pushing into late 2025.

Currently, the DOGE price is facing massive upward pressure as it rose above $0.175. This occurred for the second consecutive time this month, suggesting a strong bearish presence. Meanwhile, this is just below the psychological barrier at $0.18, which is believed to be a crucial resistance to achieve and keep up the bullish trend. However, this level, along with the two more resistance levels, is speculated to be extremely crucial to achieve, as a larger number of DOGE have been stacked here around this range. 

A popular analyst, ALI, refers to the UTXO realized price distribution and has found $0.18, $021 and $0.36 to be the most important levels, as a huge number of DOGE UTXOs have been created. A UTXO is nothing but an unspent transaction output or the amount of digital currency that remains after a transaction. At these 3 price ranges, millions of DOGE UTXOs were created, which in turn indicates massive amounts of transactions could have occurred. Hence, these ranges are extremely volatile and are believed to trigger huge price action if tested successfully. 

Therefore, a rise above $0.18 could be an initial step, while a rise above the bearish influence could only occur when the Dogecoin (DOGE) price rises and secures above all three resistance zones. 

The post Doge Price Analysis for July: Here’s Why $0.18, $0.21 & $0.36 are Key Levels to Monitor for the DOGE Price Rally appeared first on Coinpedia Fintech News
After multiple failed attempts, the Dogecoin price has marked the local highs close to $0.176, hinting towards a rise in the strength of the bulls. The Bulls have been displaying strength lately but are also facing enough pressure from the opposition. As a result, rising and sustaining above $0.18 has become a tedious job as …

The post Key Factors Impacting Pi Network Price Today—Here’s What to Expect from the PI Price Rally appeared first on Coinpedia Fintech News

The recent decline in Pi Network (PI) price has raised questions among investors and developers alike, especially as the token faces heightened volatility amid structural changes in supply dynamics. As PI transitions through critical phases of its ecosystem rollout, both network-level events and on-chain activity are exerting measurable influence on its market behaviour. These shifts reflect broader challenges in maintaining equilibrium between circulating supply and demand, particularly within a network that is still maturing toward its open mainnet and full token utility.

Currently, the PI price is trading around $0.4561 and has been maintaining a steep descending trend. So what’s driving the PI price lower?

Major Token Unlocks Fueling the Selling Pressure

The most critical factor behind Pi’s decline is the massive token unlock currently in progress. Between June 28 and July 15, 2025, over 337 million PI tokens are scheduled for release into the market.

Notably, July 4 saw the largest daily release—over 19 million PI, roughly $10 million worth. As these newly unlocked tokens flood the market, many holders are rushing to sell, leading to oversupply and downward pressure on price. However, it has to be noted that this unlock is the largest until 2027, marking it a pivotal month for Pi holders. 

On-Chain Hints Insider Activity

On-chain data shows a concerning trend: large wallets—including those possibly linked to the Pi Core Team—have moved millions of PI to exchanges like OKX and Gate.io. While official explanations remain unclear, this suggests potential insider selling, triggering distrust and speculative exits by retail holders.

At the same time, exchange inflows have spiked, further confirming increased sell-side liquidity. This, along with the token unlock, is expected to offer enough upward pressure, keeping the price restricted below the range. 

What’s Next for PI Price Rally as Market Sentiment Turns Bearish

Community sentiment has taken a hit. Despite years of promises, Pi remains unlisted on major exchanges like Binance and Coinbase, which limits accessibility and investor confidence. Meanwhile, hype events like Pi2Day also failed to generate expected price rallies, and real-world use cases are still in early stages. Meanwhile, the technicals have also turned bearish, which hints towards a further downside possibility. 

The historical chart of PI does not point towards a rebound shortly, and hence, despite a small rise, the bears tend to extract profit in no time. The above chart shows the PI price being stuck within a falling wedge and could be very near the apex. The Bollinger bands are going parallel, hinting at a drop in the volatility, while the RSI has also bottomed out, suggesting a potential reversal soon. However, the momentum is weak, and hence if the Pi price breaks lower, then it may visit the support levels around $0.35. 

On the other hand, the trend may remain under bearish influence until the PI price does not clear the resistance at $0.47. 

The post Key Factors Impacting Pi Network Price Today—Here’s What to Expect from the PI Price Rally appeared first on Coinpedia Fintech News
The recent decline in Pi Network (PI) price has raised questions among investors and developers alike, especially as the token faces heightened volatility amid structural changes in supply dynamics. As PI transitions through critical phases of its ecosystem rollout, both network-level events and on-chain activity are exerting measurable influence on its market behaviour. These shifts …

The post TON Foundation Confirms No Official Deal With UAE: Toncoin Down Over 5% Today appeared first on Coinpedia Fintech News

The Open Network (TON) Foundation, a nonprofit organization dedicated to the long-term success of the Toncoin (TON) ecosystem, has clarified that there is no official deal with the government of the United Arab Emirates (UAE). The TON Foundation has highlighted that the previous rumors that a Golden Visa program for the Toncoin holders is not true.

However, the TON Foundation indicated that such a collaboration is in the early stages of development.

“We fully support the joint statement issued by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA), which confirms that no digital residency or investment visa initiatives have been formally approved or launched in partnership with the UAE government,” the announcement noted.

TON Price Tumbles on the Announcement 

Following the announcement that the rumors of the UAE government supporting the TON ecosystem are false, the Toncoin price dropped over 5 percent in the past 24 hours to trade at about $2.77 on Monday, July 7 during the mid-North American session.

The large-cap altcoin, with a fully diluted valuation of about $14.2 billion and a 24-hour average trading volume of around $330 million, has been forming a macro and mid-term bullish sentiment.

In the daily timeframe, TON price has established a support level around $2.7, which has resulted in double-bottom coupled with bullish divergence of the Relative Strength Index (RSI). For the bullish momentum to be confirmed, TON price must consistently close above the falling logarithmic resistance level established year to date. 

In case the support range between $2.5 and $2.7 is violated in the coming weeks, TON price could likely drop to the next liquidity target around $2.3.

The post TON Foundation Confirms No Official Deal With UAE: Toncoin Down Over 5% Today appeared first on Coinpedia Fintech News
The Open Network (TON) Foundation, a nonprofit organization dedicated to the long-term success of the Toncoin (TON) ecosystem, has clarified that there is no official deal with the government of the United Arab Emirates (UAE). The TON Foundation has highlighted that the previous rumors that a Golden Visa program for the Toncoin holders is not …