Dig Deeper, Invest Smarter
Federal Reserve Chair Jerome Powell has indicated that while the U.S. central bank is not planning immediate interest rate cuts, the possibility remains on the table for 2025, depending on economic conditions. Powell’s remarks came during his testimony before the House Financial Services Committee, offering insights into the Fed’s cautious approach as it monitors inflation,
The post Jerome Powell Says Interest Rate Cut Possible in 2025 appeared first on CoinGape.
Meta is ramping up its efforts to combat the rise of celebrity deepfake scams on its platforms, deploying facial recognition…
The post Why Pi Network Listing on Coinbase Matters More Than Binance appeared first on Coinpedia Fintech News
Many people in the Pi Network community are waiting for the big moment—when Pi finally gets listed on a major exchange like Binance. But for some, it’s not just about any exchange. It’s about Coinbase, the most trusted crypto platform in the U.S.
According to crypto analyst Mr. Spock 𝛑, a listing on Coinbase could unlock Pi’s true value and bring it closer to real-world use.
Coinbase isn’t just another platform, it’s a fully regulated U.S.-based exchange, trusted by millions and deeply rooted in the American financial system. And when a coin gets listed on Coinbase, it doesn’t just become tradable, it becomes usable.
Coinbase offers real-world tools, like the Coinbase Visa card, which lets users spend their crypto like cash.
Mr. Spock explains his personal experience of how he uses this card to pay for food, shop at stores like Walmart, and even withdraw cash from ATMs, all while earning Bitcoin rewards on every purchase.
He imagines a world where Pi Coin pays for meals, gas, and groceries, and rewards users with crypto benefits, not in theory, but in practice.
Further, Mr. Spock also makes a strong case for why Coinbase matters more than Binance, especially in the U.S. He notes that Binance.com and Binance.US are completely separate, with the U.S. version offering fewer coins and features.
Binance.com is unavailable to American users due to regulatory restrictions, while Binance.US operates under a different company with limited reach.
On the other hand, Coinbase has regulatory clarity and deeper market integration, something Pi would benefit from if it wants to grow in the U.S.
To Mr. Spock and many Pi supporters, this isn’t just about price—it’s about purpose. If Pi becomes spendable through Coinbase tools like the Visa card, it could finally blend crypto with daily life. That’s when the real impact begins, not just building wealth, but changing how we use money altogether.
So while many are waiting for any exchange, some believe that waiting for Coinbase is worth it.
The post Why Pi Network Listing on Coinbase Matters More Than Binance appeared first on Coinpedia Fintech News
Many people in the Pi Network community are waiting for the big moment—when Pi finally gets listed on a major exchange like Binance. But for some, it’s not just about any exchange. It’s about Coinbase, the most trusted crypto platform in the U.S. According to crypto analyst Mr. Spock 𝛑, a listing on Coinbase could …
What happened this week in crypto? It was a highly eventful week, as the Senate passed the GENIUS Act, France’s crypto kidnapping wave continues, and Israel-backed hackers targeted Iran’s crypto industry.
Canada also became the world’s second nation to approve an XRP ETF, and delays continue for an SEC v Ripple resolution. Find out all these stories and more at BeInCrypto.
This week, a major event for crypto regulation took place as the GENIUS Act passed through the US Senate.
This new stablecoin framework had several major setbacks in recent months, but fresh amendments helped generate bipartisan support. By the time of this final vote, political support was overwhelming.
Now that the bill has passed the Senate, it will become law after President Trump signs it. Trump plans for stablecoins to promote dollar dominance, and his support is certain.
From there, it’ll open many new possibilities: for example, major banks are considering stablecoin launches. This industry sector seems guaranteed to keep growing.
The new war between Iran and Israel has been impacting the crypto market all week, but that’s natural for any geopolitical turmoil.
However, the conflict now takes place directly over the blockchain. Israeli-backed hackers breached Nobitex, an Iranian crypto exchange, stealing and then burning $90 million in tokens.
$90M drained from Iranian exchange Nobitex in a hack claimed by hacktivist group, Gonjeshke Darande.
This wasn’t just theft. It was a message.
Blockchain is now a geopolitical front line.
Visual of the hack distribution from Merkle Science’s Trackerpic.twitter.com/7BT3t1nRYJ
— Merkle Science (@MerkleScience) June 19, 2025
Gonjeshke Darande (Predatory Sparrow) has been active for several years, disrupting Iranian economic activities on behalf of Israel. Nonetheless, this crypto hack represents a major escalation.
Crypto has funded war, and governments have created crypto hacking groups. Never before, however, have state-backed hackers targeted another country’s crypto industry.
This precedent could spell worrying things for the industry’s future. So far, this war hasn’t been particularly painful for crypto, at least compared to other recent events. If multimillion-dollar token burns become a feature of future wars, it’ll traumatize markets worldwide.
Another landmark event this week was a crypto kidnapping in Paris’ suburbs. This marks the tenth such incident in France this year, all the more shocking because authorities vowed to tighten security.
A 23-year-old man was abducted, and his loved ones were extorted for €5,000 and his Ledger key.
Before this incident, police believed that a single gang was behind the majority of these attacks. Thanks to cooperation with Morocco, several purported ringleaders were arrested in North Africa earlier in June.
However, this clearly hasn’t stopped the kidnappings. Either the gang is still active, or copycats are adopting the practice. Both possibilities are terrifying.
Although the SEC v Ripple case is a topic of major interest for the crypto industry, it wasn’t resolved this week. The two parties have been jointly filing to settle the last cross-appeal, but Judge Torres is not cooperating.
Both parties are attempting to pause the appeals process, but lawyers are becoming skeptical that they’ll win a favorable decision.
In short, the biggest problem is that a crypto-friendly SEC can’t unilaterally reverse policies from the Gensler era.
It may be unfair that Ripple is forbidden from selling securities to retail investors, but Atkins’ Commission needs to prove that in court. Although the community remains hopeful, this setback may impact Ripple’s business for the foreseeable future.
In another memorable crypto development, Canada finally approved the XRP ETF this week. This makes Canada the second nation to offer such a product, following Brazil’s approval in April.
Purpose Investments, which offered the first crypto ETF in North America, is a fitting company to issue this product.
“The OSC’s granting of a receipt for the Purpose XRP ETF prospectus reinforces Canada’s global leadership in building a regulated digital asset ecosystem. We’re proud to continue pushing the boundaries of what’s possible in the space,” claimed Vlad Tasevski, Purpose’s Chief Innovation Officer.
Hopefully, these developments will encourage Canada’s southern neighbor to follow suit. Prominent ETF analysts in the US recently claimed that an XRP ETF has a 95% chance of approval, but it hasn’t happened yet.
Additionally, the Zebec Network announced a new reward program for XRP holders, and Pi Network drew community criticism after a lackluster domain update.
This week has been very eventful for crypto, but BeInCrypto is here to keep you informed about all of it.
The post This Week in Crypto – The GENIUS Act, Iranian Exchange Hack and More appeared first on BeInCrypto.