A few days ago, Banxa temporarily suspended Pi transactions, likely due to pending KYB (Know Your Business) approval. During this time, it was widely known that Banxa had already acquired millions of Pi at low prices, suggesting they planned to return once regulatory approval was in place.
Banxa Now KYB Approved — Pi Available in 100+ Countries
Now, according to an update shared by Dr. Altcoin, Banxa is officially KYB approved. This is a big development for the Pi Network and its global community. With this approval, people in over 100 countries can now instantly buy Pi using cash through Banxa. This move also boosts accessibility and could drive greater adoption of the Pi Network.
BANXA is now KYB approved!
What does this mean for the Pi Community and beyond?
It means people in over 100 countries can now instantly buy Pi with cash through BANXA. This is a game-changer for accessibility and global adoption.
More platforms are expected to follow. BitMart, HTX, and others are likely to receive KYB approval within the next 10 days, showing growing institutional support for the project. It’s important to note that only KYB-approved companies are legally allowed to use and trade Pi. On the other hand, individuals participating in peer-to-peer (P2P) transactions must be KYC-approved and use non-custodial wallets.
$1 Target in Sight?
Meanwhile, Pi’s price has seen a decent rise. In the past 24 hours, $PI has climbed 2.5% and is now trading around $0.60. This comes after weeks of price pressure caused by ongoing token unlocks. However, with the pace of new unlocks expected to slow down after mid-May, the selling pressure could ease, giving room for potential growth. The next major resistance lies at $0.70. A breakout above that could open the path toward $1, a level that would signal stronger market confidence in the project’s future.
HYPE has reclaimed the $20 zone, surging 105% this month and reigniting bullish momentum with strong daily gains of 5.39%.
Recent technicals show a well-formed ascending triangle pattern, with resistance at $26–28 and a breakout target around $33–35.
On-chain volume has rebounded with a sharp rise to $5.27B on May 6, reflecting renewed trader participation and liquidity inflow.
Heavy long liquidation zones around $50K–$82K and short squeeze risk building above $103K, hinting at possible volatility spikes.
With the current momentum and pattern strength, HYPE looks positioned to retest its ATH of $35 within the next 4–6 weeks if resistance flips support.
Hyperliquid (HYPE) has made a strong resurgence with 105% jump in value in one month, back above the critical $20 mark. HYPE is now priced at $21.18 (+5.39% daily) at a market cap of $7.07B and 24h volume of $127.66M (+47.19%). The coin reached an all-time high (ATH) of $35.02 on Dec 21, 2024 (~40% off ATH), and several traders are hoping for a portfolio full reversal.
HYPE’s momentum is attributed to the following catalysts:
HYPE’s New Fee & Staking System Announcement (launched May 5):
Hyperliquid introduced a fee and staking system on May 5. Users can now stake their HYPE coins to receive a trading fee discount of between 5% and 40%, depending on the amount staked.
The fee discount uses different rates for futures and spots; spot volume counts as double for fee tier calculations. And a big upgrade comes from linking staking and trading accounts, so the discounts apply to any trading account and will incentivise all traders to engage and provide liquidity to the platform.
Ethena’s USDe Stablecoin After Launch:
Ethena Labs has integrated its USDe stablecoin into Hyperliquid’s DEX, and integrated USDe with its HyperEVM blockchain. Users who hold 100+ USDe on HyperCore are now eligible to earn daily rewards for holding USDe in their accounts that automatically air-drop to their spot accounts!
This integration allows for better liquidity as it builds asset use cases for USDe, and increases interest from investors in the entire Hyperliquid crypto ecosystem.
Bullish Setup: HYPE/USD Forms Ascending Triangle with $33–$35 Target in Sight
HYPE Coin recently completed a strong V-shaped recovery and is now forming an ascending triangle—a bullish chart pattern that often leads to breakouts. The main support zone sits at $17.5–18.0, which has held well during past dips. The key resistance zone is $26–28, and this is the level to watch for a breakout.
A Fibonacci retracement drawn from the previous high ($35) to the recent low ($10) shows that $26–28 also lines up with the important 0.618–0.786 Fib levels—making it a critical barrier where many traders expect a reaction.
The chart also shows a neckline breakout, a positive sign that buyers are in control. The 20/50 EMA lines have crossed upward, confirming a bullish setup, and the RSI is around 66, which shows good momentum but not overbought yet. The MACD also supports the bullish trend.
If HYPE can close above $26–28 with strong volume, the next target is around $33–35, its previous all-time high. Based on the current pace, this move could happen in the next 4–6 weeks.
Liquidity & Liquidations: How On-Chain Data Confirms HYPE’s Breakout Potential
Volume Surge: Confidence Rebuilding
HYPE’s on-chain volume tells the story of a market regaining strength. After its big run earlier this year, volume cooled to around $2.39B by April 5, showing a pause in trader interest and liquidity as price corrected.
But by May 6, daily volume jumped back to $5.27B—marking a strong resurgence of participation. This confirms that the current uptrend is supported by real buying power, not just a weak technical bounce.
Liquidation Heatmap: Historical & Current Pressure Zones
The liquidation map shows how traders have been positioned. During past corrections, especially after its all-time high, HYPE saw heavy long liquidations between $50K–$82K BTC equivalent, with a peak of 886 BTC liquidated at $82K.
These events reveal where bulls were forced out, marking danger zones in bearish scenarios. Now, the tables are turning: shorts are heavily stacked between $103K–$142K, with recent spikes (e.g., 722 BTC at $103K) showing that many are betting against further upside.
If HYPE Coin clears the $26–28 resistance, these shorts could get squeezed fast—likely triggering a surge toward the $33–35 ATH area.
The post Hyperliquid, HYPE Coin Surges 105% In A Month, Will The Current Momentum Drive To Restest ATH $35? appeared first on Coinpedia Fintech News
Key Highlights: HYPE has reclaimed the $20 zone, surging 105% this month and reigniting bullish momentum with strong daily gains of 5.39%. Recent technicals show a well-formed ascending triangle pattern, with resistance at $26–28 and a breakout target around $33–35. On-chain volume has rebounded with a sharp rise to $5.27B on May 6, reflecting renewed …
Tether, the company behind the USDT stablecoin, said it had nearly $120 billion invested in U.S. Treasurys by the end of March, according to a report released Thursday. The company made more than $1 billion in profit from its traditional investments during the first quarter. However, that’s a big drop compared to the $6 billion profit it reported in the previous quarter.
Tether’s U.S. Treasury Holdings Approach $120 Billion
Tether has released its Q1 2025 report, showing solid financial results despite a rocky quarter for the crypto market. In a press release today, the stablecoin company announced it made over $1 billion in operating profit during the first quarter. Its investments in U.S. Treasurys also reached nearly $120 billion, the highest in its history. These numbers, confirmed by global accounting firm BDO, shows Tether’s increased dominance.
Tether’s USDT remains the world’s largest U.S. dollar-backed stablecoin, with around $150 billion in circulation. The company regularly releases quarterly reports showing the reserves backing USDT.
Tether said its nearly $120 billion in U.S. Treasury exposure includes both direct investments and indirect holdings through money market funds and reverse repurchase agreements. Direct investments in Treasurys made up about $99 billion at the end of Q1.
Tether made over $1 billion in profit in Q1 2025, down from $6 billion in the previous quarter. The earlier jump was mostly due to gains from Bitcoin and gold. This time, most of the profit came from steady returns on U.S. Treasurys, with gold helping balance out crypto market volatility.
As of March 31, 2025, Tether reported about $149.3 billion in total assets and $143.7 billion in liabilities, leaving around $5.6 billion in extra reserves. That’s a bit less than the $7 billion buffer from the previous quarter but still shows strong financial management. The small drop could be due to shifting assets and market changes, not a sign of weakness.
Tether added $7 billion in new USD₮ during the quarter, which is lower than the $23 billion issued in Q4 2024. However, active user wallets grew by 46 million, a 13% increase, showing continued trust and adoption.
Almost all of Tether’s liabilities are linked to its issued tokens, sticking to its fully backed model. Most reserves are held in cash or similar assets, with the rest in gold, Bitcoin, and company investments that don’t back tokens directly.
Tether is still investing heavily in different areas. The company said it has put over $2 billion into long-term projects in fields like renewable energy, artificial intelligence, peer-to-peer communication, and data infrastructure.
Tether also mentioned that Q1 was its first quarter under government regulation in El Salvador, where it recently set up its new headquarters.
The post USDT Issuer Tether Reports $1 Billion Q1 Profit, Marking Sharp Drop from Previous Quarter appeared first on Coinpedia Fintech News
Tether, the company behind the USDT stablecoin, said it had nearly $120 billion invested in U.S. Treasurys by the end of March, according to a report released Thursday. The company made more than $1 billion in profit from its traditional investments during the first quarter. However, that’s a big drop compared to the $6 billion …
SHIB token price could reach a maximum of $0.00006392 in 2025.
Shiba Inu price, with a potential surge, could go as high as $0.000321 by 2030.
With increasing volatility in the crypto market, the meme coins are expected to spearhead the next bull run in the altcoins. However, the second biggest meme coin, Shiba Inu, shows a volatile price range and massive movement on either side.
The ongoing price action brings us to the burning questions on every SHIB enthusiast’s mind: “Will Shiba Inu (SHIB) reach 1 cent?” or “Will Shiba Inu go up?” or “Is Shiba Inu a good investment?”
Furthermore, we’ve crafted a comprehensive Shiba Inu price prediction 2025, 2026 – 2030 to address these pressing queries.
With increased adoption and the crypto market heading toward a new high, the memecoin market could witness a meteoric rise during 2025. Plus, the developer’s visionary developments coming to fruition, and Shiba Inu becoming a major player in the metaverse, could play a pivotal role in SHIB’s future price.
That being said, with an altcoin season, the price of SHIB could reach an annual high of $0.00006392. However, if the community drives the price with typical buying and selling pressures, SHIB could settle at an annual price of $0.0000201.
On the other hand, if investors fail to keep up with the liquidity of the digital asset on exchanges, FUD and negative sentiments could lower the price to $0.0000201.
The price forecast of Shiba Inu for the year 2026 could range from $0.0000286 to $0.00009784, settling at an average of roughly $0.00006312.
Shiba Inu Coin Price Action 2027
Subsequently, the Shiba Inu 2027 Prediction indicates the price might oscillate between $0.0000369 to $0.0001253, averaging notably at approximately $0.0000811.
Shiba Inu Memecoin Price Forecast 2028
Furthermore, the SHIB Price for 2028 values between $0.0000417 and $0.0001703, converging around an average of $0.0001060.
SHIB Coin Price Targets 2029
Then, by 2029, CoinPedia’s SHIB Price envisions the coin’s value to lie between $0.0000550 to $0.000210, with a centered average of about $0.000132.
SHIB Coin Price Prediction 2030
Lastly, approaching 2030, the SHIB price could bounce between $0.0000680 to $0.000321, culminating at an average estimate of roughly $0.000194.
*The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Shiba Inu Price Prediction
As highlighted above, CoinPedia’s insight into Shiba Inu’s future remains bullish. Surprisingly, with the $0.00006000 breakout, SHIB might soar to promising highs of $0.00006392 during the upcoming altcoin season.
Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.0000201.
Additionally, we anticipate the SHIB price to carve a new pinnacle, reaching $0.00006392 in 2025.
By 2025, our price prediction forecasts that the Shiba coin price could be worth $0.00006392. With a potential surge, the price may go as high as $0.000321 by 2030.
How much will Shiba be in 5 years?
As per the Shiba Inu price forecast, Shiba Inu’s price may trade at an average of $0.000210 for the year 2029.
Is Shiba Inu good for the future?
With the coming updates and strong community, Shiba Inu remains a strong candidate in the crypto world.
will Shiba Inu coin reach $1?
As per our current price forecast, Shiba Inu can be bullish for the coming years but the jump to $1 seems a stretch.
How high Shiba Inu can go?
If the impact of the last halving is anything to go by, Shiba (SHIB) could easily rally to over $0.00006392 in 2025.
Can Shiba Inu reach .001 cents?
Shiba Inu stands as one of history’s most explosive investment assets. Hitting the price of $0.0001 per token looks highly unlikely, but not impossible.
How much is Shiba Inu worth?
At the time of writing, the value of 1 SHIB memecoin was $0.00001359.
How much would the price of Shiba Inu be in 2040?
As per our latest SHIB price analysis, the Shiba Inu could reach a maximum price of $0.00134.
How much will the SHIB price be in 2050?
By 2050, a single Shiba Inu price could go as high as $0.00829.
The post Shiba Inu Price Prediction 2025, 2026 – 2030: Will SHIB Price Hit $0.00005? appeared first on Coinpedia Fintech News
Story Highlights The live price of SHIB memecoin is SHIB token price could reach a maximum of $0.00006392 in 2025. Shiba Inu price, with a potential surge, could go as high as $0.000321 by 2030. With increasing volatility in the crypto market, the meme coins are expected to spearhead the next bull run in the …
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