Ethereum price declined 8% in the last 24-hours, plunging below the $2,100 as as US Non-Farm Payroll (NFP) data introduces fresh volatility. The market reaction has kept ETH pinned below $2,142, struggling to establish a bullish recovery as sellers remain in control.
Ethereum price dropped below $2,100 on Friday, amid inflation readings in US NFP
Ethereum’s price decline below $2,100 on Friday underscores bearish dominance, exacerbated by heightened macroeconomic uncertainty stemming from the latest US NFP report. The payroll data, which came in hotter than expected, showing rising unemployment which raised concerns over persistent inflation, strengthening the case for a hawkish Federal Reserve stance.
Ethereum Price Analysis: 4-hourly Chart
Bears eyeing $2,000 on 4-Hour Chart
Ethereum price remains under downward pressure on the 4-hour chart after failing to break past the $2,319 resistance level. The rejection at this key price ceiling has reinforced bearish momentum, with the latest candlesticks showing increased selling pressure near the $2,156 pivot. A confluence of technical indicators signals potential downside risk toward the $2,000 psychological support level.
The Donchian Channel (DC) highlights the recent price contraction, with the upper boundary at $2,319 and the lower support band at $1,993.
Ethereum Price Analysis: 4-hourly Chart
The failed breakout attempt near the upper band suggests that bulls lack the strength to sustain a move higher, leaving the door open for further declines.
The price action is currently hovering around the middle DC line, signaling indecision, but with a tilt toward the downside as volume spikes on red candles. Bearish momentum is further evident in the breakdown from the highlighted price cluster, where Ethereum shed 7.53% over six consecutive 4-hour candles.
The red zone illustrates a liquidity flush, likely triggering stop-loss cascades from leveraged long positions, adding to the selling pressure. If the $2,156 support fails, Ethereum could slide toward $2,000, aligning with the lower Donchian boundary. On the flip side, a reclaim of $2,200 could reignite bullish sentiment and set up another test of the $2,319 resistance.
Ethereum Price Forecast: Daily time frame chart
Bulls Struggles Below $2,142—Will $2,009 Support Hold?
Ethereum price forecast signals continue to lean bearish on the 24-hour chart, struggling to hold above the $2,142 level after facing strong resistance at $2,258.
The latest daily candle reflects increased selling pressure, with ETH losing 2.73% in the session, confirming persistent bearish sentiment. The Keltner Channel (KC) highlights this downside momentum, as the price remains close to the lower band at $2,009, signaling the potential for further declines if the current support structure collapses.
Ethereum Price Analysis: 24-hourly Chart
A clear downward trajectory is evident as ETH price has remained below the middle KC line of $2,417, reinforcing the bearish control of market structure.
The sharp -7.53% drop over a single daily candle suggests that leverage liquidations could be playing a role in accelerating the selloff. If Ethereum fails to defend $2,100, a deeper retracement toward the $2,009 support appears likely, where buyers might attempt to reestablish control.
Despite the bearish setup, a bounce from current levels could shift momentum in favor of the bulls.
If Ethereum reclaims $2,200 and sustains a move above the $2,258 resistance, it could target the $2,417 mid-KC level, with an extended rally opening the door for a potential retest of $2,825. However, with volatility increasing and bears dominating, Ethereum risks further downside unless demand steps in decisively.
Ethereum Price Outlook Today
Ethereum’s technical landscape reflects conflicting signals balance between bearish macroeconomic pressures and potential short-term rebounds.
The 24-hour chart highlights key support at $2,009, while the 4-hour ETH price chart signals immediate downside risks following the rejection at $2,319. With NFP data suggesting sustained inflationary pressures, traders remain cautious, leading to liquidity-driven price swings.
The price of Pi Coin (PI) has slipped below the key $0.60 level, falling by over 3% in the past 24 hours. On a 30-day timeframe, the token has recorded a -15% decline, making it one of the few major cryptocurrencies trading in the red this month.
While this downward trend has raised concerns among holders, some traders are starting to wonder if this dip could actually be a strategic buying opportunity. Since mid-April, Pi Coin has been trading sideways in a narrow range between $0.59 and $0.67, and with the current price now testing the lower boundary at $0.58, the market could face further downside risks if it breaks below this support.
The big question circulating in the community right now: can Pi Coin climb back to $3?
Despite the recent price pressure, there are a few positive developments stirring excitement among Pi supporters:
BitMart has officially resumed trading for Pi Coin, bringing back much-needed liquidity to the market.
Banxa, a fiat-to-crypto payment platform, is reportedly creating thousands of new accounts, signaling growing interest in Pi.
HTX (formerly Huobi) is teasing Pi Coin activity on its platform, hinting at possible future support.
And perhaps most notably, Pi Network founder Dr. Nicolas Kokkalis is set to be a keynote speaker at the Consensus Summit in Toronto in May 2025 — a major event for the global crypto industry.
According to crypto influencer Dr. Altcoin, these updates could mean one thing for Pi’s price outlook: bullish momentum might be building.
For now, all eyes are on whether Pi Coin can hold its support at $0.58 — or if these positive signals can help spark the next rally.
The post Pi Network Rally Soon? BitMart Resumes Pi Coin Trading, Banxa Creates Thousands of New Accounts appeared first on Coinpedia Fintech News
The price of Pi Coin (PI) has slipped below the key $0.60 level, falling by over 3% in the past 24 hours. On a 30-day timeframe, the token has recorded a -15% decline, making it one of the few major cryptocurrencies trading in the red this month. While this downward trend has raised concerns among …
The collapse of the MANTRA (OM) token has left investors reeling, with many facing significant losses. As analysts comb through the causes of the collapse, many questions remain.
BeInCrypto consulted industry experts to identify five critical red flags behind MANTRA’s downfall and reveal strategies investors can adopt to steer clear of similar pitfalls in the future.
MANTRA (OM) Crash: What Investors Missed and How to Avoid Future Losses
On April 13, BeInCrypto broke the news of OM’s 90% crash. The collapse raised several concerns, with investors accusing the team of orchestrating a pump-and-dump scheme. Experts believe that there were many early signs of trouble.
In addition, the project adopted an inflationary tokenomic model with an uncapped supply, replacing the previous hard cap. As part of this transition, the total token supply was also increased to 1.7 billion.
However, the move wasn’t without drawbacks. According to Jean Rausis, co-founder of SMARDEX, tokenomics was a point of concern in the OM collapse.
“The project doubled its token supply to 1.77 billion in 2024 and shifted to an inflationary model, which diluted its original holders. Complex vesting favored insiders, while low circulating supply and massive FDV fueled hype and price manipulation,” Jean Rausis told BeInCrypto.
Moreover, the team’s control over the OM supply also raised centralization concerns. Experts believe this was also a factor that could have led to the alleged price manipulation.
“About 90% of OM tokens were held by the team, indicating a high level of centralization that could potentially lead to manipulation. The team also maintained control over governance, which undermined the project’s decentralized nature,” said Phil Fogel, co-founder of Cork.
Phil Fogel acknowledged that a concentrated token supply isn’t always a red flag. However, it’s crucial for investors to know who holds large amounts, their lock-up terms, and whether their involvement aligns with the project’s decentralization goals.
Moreover, Ming Wu, the founder of RabbitX, also argued that analyzing this data is essential to uncover any potential risks that could undermine the project in the long term.
“Tools like bubble maps can help identify potential risks related to token distribution,” Wu advised.
2. OM Price Action
2025 has been marked as the year of significant market volatility. The broader macroeconomic pressures have weighed heavily on the market, with the majority of the coins experiencing steep losses. Yet, OM’s price action was relatively stable until the latest crash.
OM vs. TOTAL Market Performance. Source: TradingView
“The biggest red flag was simply the price action. The whole market was going down, and nobody cared about MANTRA, and yet its token price somehow kept pumping in unnatural patterns – pump, flat, pump, flat again,” Jean Rausis disclosed.
He added that this was a clear sign of a potential issue or problem with the project. Nevertheless, he noted that identifying the differentiating price action would require some technical analysis know-how. Thus, investors lacking the knowledge would have easily missed it.
Despite this, Rausis highlighted that even the untrained eye could find other signs that something was off, ultimately leading to the crash.
Strategies to Protect Yourself
While investors remained optimistic about OM’s resilience amid a market downturn, this ended up costing them millions. Eric He, LBank’s Community Angel Officer, and Risk Control Adviser emphasized the importance of proactive risk management to avoid OM-style collapses.
“First, diversification is key—spreading capital across projects limits single-token exposure. Stop-loss triggers (e.g., 10-20% below buy price) can automate damage control in volatile conditions,” Eric shared with BeInCrypto.
Ming Wu had a similar perspective, emphasizing the importance of avoiding over-allocation to a single token. The executive explained that a diversified investment strategy helps mitigate risk and enhances overall portfolio stability.
“Investors can use perpetual futures as a risk management tool to hedge against potential price declines in their holdings,” Wu remarked.
Meanwhile, Phil Fogel advised focusing on a token’s liquidity. Key factors include the float size, price sensitivity to sell orders, and who can significantly impact the market.
3. Project Fundamentals
Experts also highlighted major discrepancies in MANTRA’s TVL. Eric He pointed out a significant gap between the token’s fully diluted valuation (FDV) and the TVL. OM’s FDV reached $9.5 billion, while its TVL was only $13 million, indicating a potential overvaluation.
“A $9.5 billion valuation against $13 million TVL, screamed instability,” Forest Bai, co-founder of Foresight Ventures, stated.
Notably, several issues were also raised regarding the airdrop. Jean Rausis called the airdrop a “mess.” He cited many issues, including delays, frequent changes to eligibility rules, and the disqualification of half the participants. Meanwhile, suspected bots were not removed.
“The airdrop disproportionately favored insiders while excluding genuine supporters, reflecting a lack of fairness,” Phil Fogel reiterated.
The criticism expanded further as Fogel pointed out the team’s alleged associations with questionable entities and ties to questionable initial coin offerings (ICOs), raising doubts about the project’s credibility. Eric He also suggested that MANTRA was allegedly tied to gambling platforms in the past.
Strategies to Protect Yourself
Forest Bai underscored the importance of verifying the project team’s credentials, reviewing the project roadmap, and monitoring on-chain activity to ensure transparency. He also advised investors to assess community engagement and regulatory compliance to gauge the project’s long-term viability.
Ming Wu also stressed distinguishing between real growth and artificially inflated metrics.
“It’s important to differentiate real growth from activity that’s artificially inflated through incentives or airdrops, unsustainable tactics like ‘selling a dollar for 90 cents’ may generate short-term metrics but don’t reflect actual engagement,” Wu informed BeInCrypto.
Finally, Wu recommended researching the background of the project’s team members to uncover any history of fraudulent activity or involvement in questionable ventures. This would ensure that investors are well-informed before committing to any project.
4. Whale Movements
As BeInCrypto reported earlier, before the crash, a whale wallet reportedly associated with the MANTRA team deposited 3.9 million OM tokens into the OKX exchange. Experts highlighted that this wasn’t an isolated incident.
“Large OM transfers (43.6 million tokens, ~$227 million) to exchanges days prior were a major warning of potential sell-offs,” Forest Bai conveyed to BeInCrypto.
Ming Wu also explained that investors should pay close attention to such large transfers, which often act as warning signals. Moreover, analysts at CryptoQuant also outlined what investors should look out for.
“OM transfers into exchanges amounted to as much as $35 million in just an hour. This represented an alert sign as: Transfers into exchanges are below $8 million in a typical hour (excluding transfers into Binance, which are typically large given the size of the exchange). Transfers into exchanges represented more than a third of the total OM transferred, which indicates a high transfer volume into exchanges,” CryptoQuant informed BeInCrypto.
Strategies to Protect Yourself
CryptoQuant stated that investors need to monitor the flows of any token into exchanges, as it could indicate increasing price volatility in the near future.
Meanwhile, Risk Control Adviser Eric He outlined four strategies to stay up-to-date when it comes to large transfers.
Chain Sleuthing: Tools like Arkham and Nansen allow investors to track large transfers and monitor wallet activity.
Set Alerts: Platforms like Etherscan and Glassnode notify investors of unusual market movements.
Track Exchange Flows: Users need to track large flows into centralized exchanges.
Check Lockups: Dune Analytics helps investors determine if team tokens are being released earlier than expected.
He also recommended focusing on the market structure.
“OM’s crash proved market depth is non-negotiable: Kaiko data showed 1% order book depth collapsed 74% before the fall. Always check liquidity metrics on platforms like Kaiko; if 1% depth is below $500,000, that’s a red flag,” Eric revealed to BeInCrypto.
Additionally, Phil Fogel underlined the importance of monitoring platforms like X (formerly Twitter) for any rumors or discussions about possible dumps. He stressed the need to analyze liquidity to assess whether a token can handle sell pressure without causing a significant price drop.
Interestingly, experts were slightly divided on how CEXs contributed to OM’s crash. Forest Bai claimed that CEX liquidations during low-liquidity hours worsened the crash by triggering cascading sell-offs. Eric He corroborated this sentiment.
“CEX liquidations played a major role in the OM crash, acting as an accelerant. With thin liquidity—1% depth falling from $600,000 to $147,000—forced closures triggered cascading liquidations. Over $74.7 million was wiped in 24 hours,” he mentioned.
“Analyzing the open interest in the OM derivatives market reveals that it was less than 0.1% of OM’s market capitalization. However, what’s particularly interesting is that during the market collapse, open interest in OM derivatives actually increased by 90%,” Wu expressed to BeInCrypto.
According to the executive, this challenges the idea that liquidations or forced closures caused the price drop. Instead, it indicates that traders and investors increased their short positions as the price fell.
Strategies to Protect Yourself
While the involvement of CEXs remains debatable, the experts did address the key point of investor protection.
“Investors can limit leverage to avoid forced liquidations, choose platforms with transparent risk policies, monitor open interest for liquidation risks, and hold tokens in self-custody wallets to reduce CEX exposure,” Forest Bai recommended.
Eric He also advised that investors should mitigate risks by adjusting leverage dynamically based on volatility. If tools like ATR or Bollinger Bands signal turbulence, exposure should be reduced.
The MANTRA (OM) collapse is a powerful reminder of the importance of due diligence and risk management in cryptocurrency investments. Investors can minimize the risk of falling into similar traps by carefully assessing tokenomics, monitoring on-chain data, and diversifying investments.
With expert insights, these strategies will help guide investors toward smarter, more secure decisions in the crypto market.
On June 25th, 2025, the Better Business Bureau (BBB) issued an urgent alert about a rise in AI-powered phone scams, where criminals use voice cloning to impersonate distressed loved ones. These calls often sound eerily convincing, tricking victims into sending money or revealing sensitive information.
But the problem isn’t limited to one region. In South Korea, scammers stage fake lottery and tax claims to extract payments. Across Europe, fraudsters pose as banks or insurance agents to steal financial credentials. And in the U.S., the BBB’s warning underscores how AI-generated voices are rapidly escalating the scale and believability of phone-based fraud.
These schemes work because voice, once a reliable marker of identity, is now easily faked. The BBB reports that scammers can replicate a voice with just a few seconds of audio, often scraped from social media. Consumers are advised to listen for warning signs, like unusual phrasing or demands for secrecy, but still, this proves that the entire traditional phone-based trust is unreliable. Nowadays, voice alone can no longer be trusted as proof of identity. There is a critical vulnerability in our everyday communication systems as trust in phone calls depends on guessing whose voice it is, and AI scams are now exploiting this vulnerability.”
Graphite Network, a Layer 1 blockchain featuring ZK-powered KYC, trust scores, and reputation-based access, where both entry and authorized nodes validate activity and earn native rewards—has introduced a timely solution to tackle this problem head-on.
On June 30th, 2025, they launched their Phonebook Reputation MVP, which is designed to restore trust in phone-based interactions by using blockchain technology to verify callers through a transparent, reputation-based system. Unlike the traditional methods that rely on just recognizing a voice, this system directly addresses the exact vulnerabilities that scams target, and provides a secure, decentralized alternative to outdated trust models.
What is the Graphite Network’s Phonebook Reputation MVP, and How Does it Work?
Graphite Network’s Phonebook Reputation MVP is a decentralized identity tool that connects phone numbers to onchain reputation metrics stored in smart contracts. Users can verify ownership of their number through a simple SMS or Telegram-based flow. Once verified, the number becomes part of a global registry and can begin accumulating reputation based on community feedback.
Importantly, while the phone number is linked to a wallet address for verification purposes, this connection remains private. No on-chain data publicly reveals which wallet is associated with which number, allowing users to participate in the reputation system without exposing their identity or linking their personal phone number to their crypto activity.
Votes—positive or negative—are recorded as blockchain transactions, making every action traceable and resistant to tampering. Reputation scores are calculated transparently, factoring in elements like recency and voter credibility to help mitigate manipulation. The result is a community-driven signal of trustworthiness for assessing unknown or suspicious callers—without compromising user privacy.
For example, imagine receiving a call claiming to be from a family member in distress. With the Phonebook, you can check the caller’s phone number on the platform to see its reputation score. A low or negative score, based on votes from other users, warns of potential fraud, while a high score suggests a trusted caller. This system directly fights scams, such as those mentioned by the BBB report targeting South Koreans with fake lottery claims or Europeans with fraudulent bank calls.
But, while the BBB advises consumers to listen for unusual phrases, requests for secrecy, and use secret code words, these solutions require coordination and discipline, and they don’t scale beyond close-knit circles. The Phonebook Reputation system, by contrast, offers a scalable, tech-driven alternative that aligns with Web3’s ethos of decentralization and user empowerment.
It is also a key part of Graphite Network’s mission to build reputation-first infrastructure for users, starting with communication trust. Unlike centralized systems that can be manipulated, this blockchain’s decentralized approach ensures reputation is earned through verified actions.
A Web3 Solution for a Web2 Problem
Overall, the Phonebook Reputation system—launched in timely alignment with the BBB’s warning about AI voice scams—is an early but meaningful step toward a reputation-driven future. It stands as clear proof that Web3 can be used to solve real Web2 problems, offering secure, transparent communication where traditional systems continue to fall short.
Rather than depending on centralized gatekeepers or subjective human judgment, Graphite Network’s approach relies on the immutability of blockchain and the collective intelligence of its users. Scammers thrive in environments of ambiguity; Phonebook counters that with verifiable, on-chain data that gives individuals the context they need to make safer, more informed decisions.
Graphite Network Strengthens Its Identity Layer With New Roadmap and Feature Set
Graphite Network’s Reputation Phonebook is just part of a growing roadmap focused on building Web3 tools that solve everyday problems. L2 solutions coming soon: a reputation-based dating app, hotspot bundles that bring blockchain access to places with weak internet, a geo-based DePIN game that connects real-world items with tokenized gameplay, and a new voting system that values trust over token holdings.
Behind the scenes, Graphite Network had its smart contract fully audited by CertiK. The staking program is live and growing, with over 86,000 $@G in rewards already distributed. A BitMart listing is on the way, and partnerships with BitMart and Conflux are expanding reach and infrastructure.
Core tools have also improved—Bitcoin and MetaMask are now supported, wallet logins are more flexible, and the explorer is faster and easier to use, complete with a new trust-based leaderboard.
Reputation Tools Aren’t Optional—They’re What the Next Wave of AI Scams Will Demand
As AI voice scams grow harder to spot, phone-based trust systems will need to adapt. The Phonebook Reputation MVP is an early answer—and a clear signal of Graphite Network’s broader mission: to build verifiable, reputation-first infrastructure for everyday interactions. As threats evolve, so will the tools to meet them.
The post BBB Warns of AI Voice Scams Just as Graphite Network Launches Phonebook MVP That Offers a Web3 Fix appeared first on Coinpedia Fintech News
On June 25th, 2025, the Better Business Bureau (BBB) issued an urgent alert about a rise in AI-powered phone scams, where criminals use voice cloning to impersonate distressed loved ones. These calls often sound eerily convincing, tricking victims into sending money or revealing sensitive information. But the problem isn’t limited to one region. In South …
