Cardone Capital, a real estate investment firm managing $5 billion in assets, is set to expand into the crypto space with a plan to acquire more than 1,000 Bitcoin. The move signals a strategic shift as the firm looks to diversify its holdings and tap into the growing value of digital assets. With this step, Cardone Capital joins other major institutions recognizing Bitcoin as a long-term store of value and a hedge against traditional market volatility.
Immutable (IMX) is up 10% today after announcing a partnership with Ubisoft. The pair is releasing a new mobile game based on the “Might and Magic” series as part of Ubisoft’s broader Web3 strategy.
Immutable is planning to expand its gaming operations after the SEC dropped an investigation against the firm last month. The company is yet to announce more details about this new project.
Ubisoft Extends Its Web3 Venture
The past few years have been financially straining for Ubisoft, one of the largest and most popular AAA studios in the gaming industry. Known for its beloved gaming series, such as Assassin’s Creed, Tom Clancy’s Rainbow Six, Far Cry, and more, the studio has been slowly expanding into the blockchain space for some time now.
Today, the studio announced a new mobile game, which both parties seem optimistic about.
“Partnering with Ubisoft is a defining landmark for Immutable. There are clear synergies between Immutable Passport, Immutable Play, and Ubisoft Connect. By bringing these together into a combined offering for Might and Magic Fates players, we’re hoping to smoothly onboard into the Immutable ecosystem the 138+ million Ubisoft Connect users,” said Justin Hulog, Immutable’s Chief Studio Officer.
Earlier this year, Ubisoft was on the brink of fiscal insolvency. Unsuccessful gaming titles and a lack of sales almost paralyzed the company. The gaming community has constantly criticized the studio for forcing microtransactions without prioritizing gameplay.
However, the success of its latest release, Assassin’s Creed: Shadows, helped Ubisoft somewhat recover. Yet, the company still needs additional revenue streams to regain forward momentum.
For Ubisoft, a partnership with Immutable might provide the key. Blockchain gaming fell slightly in Q1 2025, but it started the year in an inflated market.
That said, the press release is very light on details about the actual game and the specific Web3 connection. Ubisoft’s announcement calls Might and Magic “one of the strongest IPs in gaming” but doesn’t mention Immutable’s role in the project.
The new title is set to be a card-based game with potential crypto-backed rewards. More details are expected in the coming days.
Bitcoin (BTC) and most altcoins may have another bullish catalyst hidden in plain sight: the US banking sector is in a crisis despite the veneer of stability. The unrealized losses are surging, a trend that may ultimately benefit alternative assets like BTC, considered as an inflation hedge or an uncorrelated asset over time. This BTC, ETH, and XRP price prediction highlights what to expect as these losses jump.
US Banks Unrealized Losses are Soaring
The Federal Reserve and the CEOs of large U.S. banks have continually emphasized the sector’s stability. Besides, the too-big-to-fail banks like Bank of America and Wells Fargo have passed one stress test after the other. Also, some of these banks, especially JPMorgan, have boosted their CET-1 ratio, a figure that showcases their ability to withhold losses under stress.
However, beneath the veneer of stability, US banks have a big hole that may one day benefit BTC, ETH, and XRP prices. They are sitting at over $482 billion in unrealized losses, a figure that has continued to swell.
The risk is that these banks cannot sell their held-to-maturity bonds for now since that would mean that they take substantial losses, hurting their share prices. At the same time, the Fed cannot cut interest rates rapidly as Trump has demanded. Doing that would spark inflation.
Furthermore, there is a growing risk that trust in the US is eroding as the Trump trade war persists. Indeed, Japan has already sold $20 billion of its international bonds, while China has continued to scale down its US holdings. In a note, an analyst on X said:
“This massively reinforces the structural case for Bitcoin. Because Bitcoin isn’t just an “inflation hedge.” It’s becoming the collateral of last resort as trust in traditional collateral evaporates.”
XRP Price Prediction: Breaks Crucial Resistance
The daily chart reveals that the XRP price has surged, and moved above the descending trendline connecting the highest swings since January 15. Moving above that level was important because it invalidated the descending triangle pattern that has been forming.
Ripple price also jumped above the 100-day moving average, a level it has resisted in the past few weeks. Additionally, it has validated the bullish view of the inverse head-and-shoulders pattern.
Therefore, the most likely Ripple price forecast is bullish, with the initial target being the psychological point at $3. This target is about 30% above the current level, and along the shoulders section of the H&S pattern that formed earlier this year.
XRP price chart
BTC Price Analysis: Rally to Accelerate
The chart below reveals that the BTC price has surged above $95,000. It sits much higher than the 100-day moving average and has formed a bullish flag chart pattern. This pattern has a tall flagpole and a consolidation and often leads to more gains.
The Bitcoin price has jumped above $88,827, the neckline of the double bottom at $76,800. Therefore, with US banks unrealized losses rising, there is a likelihood that it will blast above $100,000 soon.
BTC price chart
ETH Price Technical Analysis
Like the XRP price forecast, there are signs that Ethereum will blast higher soon. That’s because it has jumped above the key level at $1,600, the upper side of the falling wedge pattern. This wedge is a common reversal chart pattern.
ETH price has also formed a small bullish flag pattern. Oscillators are also pointing upwards. Therefore, the two Ethereum price forecast levels to watch are the psychological point at $2,000, followed by $2,120. It will need to jump above these levels to confirm a solid breakout.
ETH price chart
Summary on Bitcoin, Ethereum, and Ripple Price Predictions
Technical analysis suggests that the of BTC, ETH, and XRP prices will experience a bullish breakout in the near term. This view is also supported by their respective fundamentals, including institutional demand and whale buying.
As PI Day approaches, many Pi Network users or Pioneers could lose their accumulated Pi coins.
The risk comes following widespread complaints about the inability to complete the Know Your Customer (KYC) verification process.
Growing Frustration Among Pi Network Users
In a late February announcement, the Pi Network team stated that users who fail to complete KYC and migrate their balance to Mainnet within the extended grace period—ending at 8:00 AM UTC on March 14, 2025—”risk losing most of their mobile balance.”
“…the end of the Grace Period is inevitable to make sure the network can move on in its new phase without large sums of unverified and unclaimed mobile balances. Thus, this is the last chance for any Pioneer to complete the required steps to avoid forfeiting their past mobile balances,” read the announcement.
This announcement has sparked widespread frustration among Pioneers. Based on discontent shared on X (Twitter), many claim they have attempted but failed to complete KYC. Crypto enthusiast Rod Thompson called the situation the biggest con job of crypto, with up to 10,000 PI Coins on the line for him.
“The Pi Network has been earning ad revenue for every one of my daily mining sessions, but I’m going to lose over 10,000 pi coins because people I haven’t spoken to in two years haven’t done KYC. At least one of them passed away over a year ago. That’s over $10,000 due to me for my efforts,” Thompson lamented.
Thompson is not the only Pioneer questioning the fairness of the Pi Network system. Another user, S.O.H., described the situation as “mass social engineering on blockchain.” Meanwhile, others, such as Ahmady Ala, reported that despite mining Pi for six years, they have yet to be allowed to complete KYC.
Pioneer’s screenshot on KYC issues with Pi Network. Source: Ahmady Ala on X
In the same tone, some users have had their KYC documents pending for over two years without resolution.
“My KYC verification has been pending for 2.5 years. Even if it won’t be approved, shouldn’t there be an option to reapply?” user H. Ibrahim posed in frustration.
Unfair Reward Distribution, Centralization, and Migration Delays
In addition to KYC-related frustrations, many users have reported balance inconsistencies. They claim their unverified balance keeps increasing while their transferable balance is significantly reduced.
This makes the migration process confusing, and the lack of transparency leads some to label Pi a “scam network.” Another major concern is the alleged unfair distribution of rewards.
“I mined consistently for 4 years, stayed loyal to Pi Network, brought in 39 people, and even completed KYC for 17 of them—yet I got nothing. Meanwhile, others with no referrals and irregular mining have more Pi than me. How is that fair?” another user, Mango Fan Token, stated.
Meanwhile, despite claiming a user base of 60 million, on-chain data indicates only about 11 million active users. This led to concerns over Pi Network’s actual adoption rate.
Additionally, questions about centralization have emerged. Some critics argue that the project’s control mechanisms limit the potential for a truly decentralized network. Another issue plaguing the network is the failure of many users to migrate their Pi coins to Mainnet.
BeInCrypto reported recently that Pioneers have struggled with transferring their balances, even after fulfilling all required steps. Some users, frustrated by prolonged lockup periods, have resorted to selling their PI Coin accounts on unofficial markets, raising further concerns about the platform’s credibility and long-term viability.
While criticism of the network continues to mount, Pi Coin has recently seen double-digit gains as investors gear up for Pi Day. Some analysts speculate that the surge is driven by optimism surrounding potential developments on March 14.
Pi Network (PI) Price Performance. Source: CoinGecko
CoinGecko data shows that PI Coin’s price was $1.71 as of this writing, up nearly 15% in the last 24 hours. However, whether the price momentum can be sustained in the face of ongoing technical issues and community dissatisfaction remains uncertain.
