The Pi Foundation today announced the launch of Pi Network Ventures, a $100 million development initiative aimed at investing in startups and businesses that drive Pi adoption and utility.
The fund will be split between Pi tokens and US dollars, sourced from 10% of the PI supply allocated for foundation reserves.
Pi Network’s $100 Million Venture to Improve Utility
The initiative comes shortly after Pi Network’s Open Network launch, which enabled external connectivity. Pi Network Ventures will support early-stage to Series B companies that integrate Pi into products, services, or business processes. Investments will focus on sectors beyond crypto, including AI, fintech, ecommerce, embedded payments, and consumer applications.
Unlike typical blockchain venture funds, Pi Network Ventures plans to operate with Silicon Valley-style sourcing, selection, and vetting processes. Most investments will be made directly in Pi tokens rather than fiat, aligning incentives with Pi’s ecosystem growth.
The Pi Foundation emphasized that the fund’s goal is to accelerate real-world use cases of Pi and strengthen network effects among its tens of millions of KYC-verified users. The $100M is not guaranteed to be fully deployed and will be invested over time depending on the quality and number of applicants.
This marks a major development step as Pi seeks broader real-world integration and decentralized utility expansion.
The White House confirmed that 104% tariffs against China will go live at midnight tonight, much to the woe of the crypto market. After a brief recovery to $79,000, Bitcoin fell to $76,000 amid $300 million in total crypto liquidations.
There are a few points of optimism, as Bitcoin’s long positions rose to 54%. Tomorrow will be a critical day to follow; it may bring chaos to TradFi, but crypto could potentially weather the storm.
China is America’s largest trading partner, and these sweeping tariffs could devastate the markets. Crypto, however, has been especially devastated. Publicly listed crypto companies faced another day of harsh drops after the tariff confirmation, as MicroStrategy’s MSTR slumped over 11%.
Additionally, Coinbase, Robinhood, and publicly traded Bitcoin miners all approached a 5% drop.
Bitcoin might be in a particularly dangerous position. Although a recent report claimed that it has been one of the crypto sector’s most tariff-proof assets, its risk profile might be changing.
It dropped 2.6% today, approaching the $75,000 price mark as more than $300 million was liquidated from crypto. If Bitcoin falls below this point, it could trigger further price routs.
Bitcoin Long-Short Ratio Fuels Optimism
As this morning’s price gains clearly demonstrated, the market still has a lot of remaining optimism. This could help all of crypto withstand tariff threats, including Bitcoin.
Its long positions have surged to 54%, showing that most traders are betting on BTC to rebound back to a higher price point.
Traders Go Long on Bitcoin Despite Tariffs. Source: Coinglass
Ultimately, tomorrow will be a very critical day for tariffs, crypto, and TradFi markets as a whole. It’s probably too late to hold out hope that Trump will decide not to escalate with China.
However, it remains to be seen whether the crypto market will continue to co-relate with the stock market after the tariffs are live or at-risk assets will reverse course and hedge against potential inflation fears.
XRP gained only 2% in the past week, signaling weak momentum and fading interest from buyers in the short term.
Technical indicators like the RSI, Ichimoku Cloud, and EMA lines are all starting to reflect increased bearish pressure. Here’s a breakdown of what the charts are saying and what could come next for XRP.
When the RSI drops this quickly, it can often indicate that traders are taking profits or beginning to rotate out of a position, especially after a period of modest gains.
While XRP hasn’t entered oversold territory yet, the drop below the 50 mark is typically viewed as a bearish signal, pointing to a potential shift in sentiment from bullish to neutral or bearish.
The RSI, or Relative Strength Index, is a widely used technical indicator that helps traders gauge the strength of a price trend. It ranges from 0 to 100, with readings above 70 considered overbought and readings below 30 considered oversold.
When the RSI is above 50, momentum is typically bullish, while levels below 50 reflect increasing bearishness. With XRP now sitting at 46.34, it suggests the asset is losing upward momentum and may be at risk of further downside unless buying interest returns soon.
Additionally, the price is now entering the green cloud (Kumo), which represents a zone of uncertainty or consolidation. The cloud ahead is relatively flat and wide, indicating potential support but also a lack of strong upward momentum.
The green Senkou Span A (leading span A) remains above the red Senkou Span B (leading span B), signaling that the broader trend is still slightly bullish—but if price action stays inside or breaks below the cloud, that trend may begin to reverse.
Overall, the Ichimoku setup points to caution for bulls unless XRP reclaims the Tenkan and Kijun lines convincingly.
This repeated rejection at the same level indicates strong selling pressure. The EMAs suggest momentum is fading as the shorter-term average is beginning to bend downward.
A potential death cross, where the short-term EMA crosses below the long-term EMA, appears to be forming. If confirmed, it could signal a deeper correction ahead, with XRP possibly retesting support levels at $2.02 and $1.96.
A breakdown below these levels could lead to a drop toward $1.61. However, if bulls manage to reclaim $2.17, the next resistance at $2.24 becomes the key target.
A clean break above that could trigger a stronger rally, potentially pushing XRP to $2.35 or even $2.50 if momentum accelerates.
