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As investors scan the horizon for the Midnight Glacier Drop, Cardano founder Charles Hoskinson has revealed new updates for the airdrop. Hoskinson reiterated that users will receive NIGHT tokens in the second half of the year, but an exact date is still under wraps. Midnight Glacier Drop Date To Be Revealed In August In a
The post Charles Hoskinson Shares Key Updates On Midnight Glacier Drop appeared first on CoinGape.
Pi Network (PI) has climbed over 4% in the past 24 hours after the launch of its Migration Roadmap. The token is showing early signs of recovery across several indicators, but confirmation of a sustained uptrend remains uncertain.
While technical setups like the Ichimoku Cloud and RSI suggest a possible shift in sentiment, resistance levels continue to hold strong. At the same time, frustration among the community persists due to the lack of clarity in the Migration Roadmap, adding another layer of pressure to PI’s next move.
Pi Network is currently trading just below the Ichimoku Cloud, signaling hesitation as buyers attempt to regain control. While recent candles show higher lows and some bullish intent, the price remains under the cloud’s resistance zone.
The Tenkan-sen (blue line) is still below the Kijun-sen (red line), meaning short-term momentum hasn’t overtaken the medium-term trend yet.
Until a bullish crossover forms and the price breaks through the cloud, the structure favors caution over confirmation.
Looking forward, the cloud becomes thicker and increasingly sloped, suggesting that volatility may return and a stronger trend—bullish or bearish—could soon develop.
This widening Kumo indicates that the market may be preparing for a more decisive move, and a successful breakout above the cloud would be a significant signal.
However, as long as PI remains beneath this zone, it stays in a vulnerable position, with rejection and continued sideways movement still on the table.
The Pi Network’s RSI is currently at 53.77, reflecting a significant recovery from its deeply oversold reading of 32.34 two days ago.
However, after peaking at 57.25 yesterday, the RSI has slightly cooled, suggesting that bullish momentum has weakened somewhat.
This shift indicates that while buying pressure recently returned, it has not yet been strong or consistent enough to sustain a full breakout. The market appears to be stabilizing, but not aggressively trending in either direction.
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and magnitude of recent price changes on a scale from 0 to 100.
Values above 70 typically suggest an asset is overbought and might be due for a correction, while readings below 30 indicate oversold conditions and possible upward reversals. With PI’s RSI sitting at 53.77, the token is in neutral-bullish territory, showing moderate strength but still far from overbought levels.
This leaves room for further upside if momentum picks back up, but also signals that caution is warranted as the trend hasn’t yet solidified.
PI price is currently hovering just below a key resistance level, suggesting that a decisive move could be approaching. If this resistance is tested and broken, PI may resume its upward trajectory, with potential targets around $0.789 and $0.858.
A sustained breakout could even reignite the strong momentum seen a few months ago, paving the way for a push toward $1.23 or even $1.79.
Despite the recent 4% price increase in the past 24 hours, sentiment remains mixed due to growing frustration over the Migration Roadmap, which still lacks a clear timeline.
On the downside, if PI fails to break through the $0.66 resistance, the token could face a pullback toward $0.54. A loss of that support level would open the door for a deeper correction, potentially dragging the price down to $0.40.
This makes the current zone a crucial battleground between buyers and sellers, as the next few sessions may determine whether PI enters a new bullish phase or slips back into decline.
Until there’s a clear breakout or breakdown, the price remains in a sensitive position, heavily influenced by both technical levels and community sentiment.
The post Pi Network (PI) Rises More Than 4% Amid Mixed Roadmap Sentiment appeared first on BeInCrypto.
Leading meme coin Shiba Inu has shed almost 10% of its value over the past week. As of this writing, SHIB trades at $0.0000125.
This price decline coincides with a significant drop in whale holdings during the same period. This signals waning confidence among large investors amid broader market weakness.
According to IntoTheBlock, SHIB’s large holders ’netflow has fallen 123% in the past week. This comes amid the meme coin’s 8% price dip.
Large holders refer to whale addresses that hold more than 0.1% of an asset’s circulating supply. Their netflow measures the inflow and outflow of tokens in their wallets to track whether they are accumulating (positive netflow) or offloading (negative netflow) their holdings.
When this metric falls, it indicates that whales are selling large portions of their assets, leading to increased supply and putting more downward pressure on price.
Moreover, this decline in SHIB whale netflow could worsen the weakening confidence among SHIB retail traders, prompting them to sell their coins in anticipation of further losses. This can accelerate SHIB’s price dip in the short term.
On the daily chart, SHIB’s falling Relative Strength Index supports this bearish outlook. At press time, this momentum indicator is a downward trend at 35.34.
An asset’s RSI measures an asset’s oversold and overbought conditions. It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a decline. Conversely, values under 30 suggest that the asset is oversold and could witness a rebound.
At 35.05, SHIB’s RSI indicates that the asset is approaching oversold territory but has not fully entered it yet. This suggests weakening buying pressure and hints at the potential for further downside unless the meme coin demand picks up.
SHIB has remained below a descending trend line since December 8, keeping its price in decline. This pattern is formed when an asset’s price consistently makes lower highs over a period, connecting these peaks with a downward-sloping line. It is a bearish trend, indicating sustained selling pressure among SHIB market participants.
If this decline continues, SHIB risks falling to a seven-month low of $0.0000107.
However, if buying pressure regains momentum, it could drive SHIB’s value to $0.0000166.
The post Shiba Inu’s Bearish Trend Deepens as Whales Continue to Sell appeared first on BeInCrypto.
Recently, XRP has seen a strong rise. According to CoinDesk, the trading volume of $3 XRP call options has surged, showing that the market is confident that XRP will break through in the short term. Many technical analysts predict that XRP is expected to hit $3 in the short term, and even have a chance to challenge the $5 to $6.5 range by the end of the year.
What is even more exciting is that Ripple has recently officially obtained a national banking license approved by the Office of the Comptroller of the Currency (OCC) in the United States, and has successfully applied for access to the Federal Reserve’s master account. This means that XRP’s compliance path in the United States has become clearer, and mainstream financial institutions will greatly increase their trust in it.Brad Garlinghouse, CEO of Ripple, said:
“We are moving towards a more compliant and transparent banking system, which will greatly enhance the credibility of XRP in global mainstream finance.”
Boosted by the news, XRP prices rose by more than 4% on the day, and market sentiment continued to be high.
At a time when XRP is at an unprecedented height of popularity, the leading cloud mining platform FINDMINING announced a major update on July 9: the official launch of a “zero threshold” free cloud mining service! New users can receive a $15-$100 bonus upon registration, and can start mining with a minimum of $100. It supports flexible switching between multiple currencies such as BTC, DOGE, and XRP, with daily settlement and withdrawals at any time.
Ibrahim Aydin, CEO of FINDMINING, said at the launch:
“FINDMINING is committed to providing the most profitable, secure and transparent cloud computing contracts for global retail and institutional investors. The strong performance of XRP and Bitcoin has attracted a large number of new users, but the high hardware investment and operation and maintenance costs often discourage retail investors. FINDMINING breaks down barriers through the “zero threshold” model, allowing global retail investors to easily share market dividends, and using bank-level custody to ensure the safety of funds throughout the process.”
FINDMINING claims users can receive daily rewards based on selected contracts.
For more contracts, please visit FINDMINING official website
Core advantages include:
AI computing power scheduling system: intelligently optimizes mining strategies in real time based on market difficulty and currency price fluctuations
Multi-node global deployment: Distributed servers cover the world to ensure efficient and stable operation of mining
Green energy drive: Use clean energy to reduce operating costs and make users more profitable
Referral reward mechanism: Invite friends to enjoy up to 4.5% extra rebate, multiple benefits
Transparent and traceable income – all mining income and dividends can be viewed in real time, withdrawn at any time, and viewed on the dashboard at any time
Real user feedback also further verifies the popularity and reputation of FINDMINING:
A user from California shared: “The $15 free bonus allowed me to get started at zero cost. I only invested $100 and was able to withdraw stable profits every day. It was much less troublesome than setting up a mining machine myself.”
Another new user from Europe said: “I just switched to XRP mining when XRP skyrocketed. Now I can earn passive income every day through FINDMINING. The withdrawal is fast and the customer service is very professional.”
To encourage users to invite friends, FINDMINING also provides generous referral rewards – direct referrals can earn 3% commission, and indirect referrals can enjoy an additional 1.5% commission, further broadening the income channels.
FINDMINING positions itself as a mining platform for XRP-focused users during this growth phase.
As XRP bullish sentiment continues to heat up, the official approval of Ripple’s banking license and the Federal Reserve’s main account has brought a clear compliance and mainstream path to XRP, greatly enhancing market confidence. FINDMINING has taken advantage of the trend and has become the first choice for countless retail investors around the world to mine XRP and easily earn passive income with its “zero threshold” model and transparent operation.
Register for FINDMINING now to receive a $15 new mining reward, use the mobile app to mine anytime, anywhere, and seize the next wealth of XRP!
Official website: https://findmining.com
Official APP Google Store one-click download
Company email: info@findmining.com
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. All claims are based on statements provided by the company.
The post XRP Bulls Are Rising Strongly, and FINDMINING Reports Increased User Interest Amid the XRP Trend appeared first on BeInCrypto.