Ripple CEO Brad Garlinghouse has raised concerns over a canceled meeting with U.S. Senator Cynthia Lummis, a known supporter of Bitcoin. The canceled engagement and refusal to reschedule have drawn attention as Garlinghouse visits Washington, D.C., to advocate for a balanced and inclusive approach to digital asset regulation. Brad Garlinghouse Criticizes Lummis for Meeting Cancellation Ripple CEO Brad Garlinghouse, while on a trip to Washington, D.C., shared that Senator Cynthia Lummis cancelled a scheduled meeting and has not agreed to reschedule it. In a post on X, Garlinghouse expressed disappointment in the decision. “I hope you will reconsider and be a leader for ALL of crypto,” Brad Garlinghouse wrote in his statement. He also extended an invitation to the Senator to join him for a public discussion on X Spaces or a live event. Brad Garlinghouse emphasized the need for leaders to support all blockchain networks, not just Bitcoin pointing… Read More at Coingape.com
PI Network bulls appear to be making a comeback, thanks to an improvement in overall market sentiment over the past 24 hours.
The token’s price has climbed by 4% in the past 24 hours, sparking speculation about whether a new bullish phase is about to begin.
Buy Pressure Builds in PI
PI’s 4% uptick has triggered a bullish crossover on its Moving Average Convergence Divergence (MACD). For context, the token’s MACD line (blue) has just crossed above its signal line (orange) for the first time since July 1, signaling growing bullish momentum.
The MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines.
As with PI, when the MACD line crosses above the signal line, it signals bullish momentum, suggesting that buying activity is increasing. Traders interpret this setup as a buy signal, which could add more upward pressure on the meme coin’s price.
While PI’s MACD and signal lines remain below zero because of its prolonged bearish trend, this crossover highlights a cooldown in selloffs as bulls attempt to regain market control.
Further, readings from the PI/USD one-day chart show its Balance of Power (BoP) at 0.61, indicating that buy-side pressure is gaining strength.
The BoP indicator measures the strength of buyers versus sellers in the market, helping to identify momentum shifts. When its value is negative, sellers dominate the market, with little to no buyer resistance.
Conversely, positive BOP readings like this suggest buyers dominate the market over sellers and drive newer price gains.
Can Buying Pressure Carry PI Across the Line?
PI currently trades below resistance at $0.477. If demand climbs, the altcoin could flip this barrier into a support floor, propelling its price toward $0.508.
However, for PI to sustain this upward momentum and push toward higher resistance levels, there must be a significant influx of new demand to absorb the existing supply.
Without fresh buying pressure, the current rally could quickly lose steam. In that case, PI risks slipping back into its previous consolidation range—or worse, falling toward the $0.445 support level.
Bitcoin price has been displaying massive volatility since the start of the year. Despite a drop from the ATH close to $109K, the bulls and the whales do not appear to have lost their momentum. As a result, the token has managed to breach above the crucial resistance at $88,500 and almost marked the highs at $94,000. Currently, the token is facing some upward pressure, but the momentum of the bulls does not appear to have faded.
The latest data from Glassnode hints towards the whales soaking up the supply at a pace not seen before 2020. The large buyers have been buying heavily, with the wallet holding more than 10,000 BTC, displaying a large accumulation.
Holders with BTC ranging from 1000 to more than 10,000 BTC have been displaying a near-perfect accumulation. On the other hand, the institutions have also begun to accumulate Bitcoin. The spot ETF inflows hit a record high during the past trading day, with nearly a billion, the biggest since November. After 4 days of consecutive gains, the market participants seem to have become bullish on Bitcoin. Unfortunately, they remain skeptical about the next price action as the market remains split between the longs and the shorts.
The Bitcoin long/short ratio is at around 0.9841, which suggests the traders are hedging heavily. Despite the latest rise in the bullish momentum, the longs record 49.56% of the trade, while shorts are around 50.4%. Hence, raising speculation whether it is a calm before a massive breakout or the token is heading for a reversal.
Bitcoin (BTC) Price Analysis
The short-term price action of BTC is bullish, as the token has been forming constant higher highs and lows. The volatility of the token has risen to some extent due to a notable influx of buying volume. Therefore, the price is expected to maintain a healthy upswing, regardless of the upward pressure.
The stochastic RSI has reached the lower threshold and is preparing to initiate a bullish crossover. Meanwhile, the MACD in the short term shows a drop in the buying pressure while the levels are heading for a bearish crossover. Hence, the price, which has dropped below the rising trend line, may reach the average levels of the channel. However, the price is expected to trigger a rebound and reach the resistance of the channel and rise above $96,000 before the end of the month.
The post Investors Still Skeptical About the BTC Price Rally-—Is This a Calm Before the Storm or a Reversal Incoming? appeared first on Coinpedia Fintech News
Bitcoin price has been displaying massive volatility since the start of the year. Despite a drop from the ATH close to $109K, the bulls and the whales do not appear to have lost their momentum. As a result, the token has managed to breach above the crucial resistance at $88,500 and almost marked the highs …
Lily Liu, President of the Solana Foundation, is looking beyond meme coins to establish Solana as the infrastructure for what she calls “internet capital markets.”
In an exclusive interview with BeInCrypto and a presentation at the 2025 Web3 Festival in Hong Kong, Liu outlined her vision for blockchain technology’s role in democratizing financial access.
From Meme Coins to the “Everything Chain”
“Solana has evolved from being the DeFi chain to the NFT chain, the gaming chain, the payment chain, and recently the meme coin chain,” Liu explained. “When you sum all that up, Solana is the everything chain.”
While meme coins drove Solana’s price to an impressive $290 high in January before falling 60% to around $120 today, Liu views them as just one transient asset class in a much broader ecosystem. “Meme coins are just one type of asset. There will be something else—there’s always going to be the tulip market and the beanie baby market. That’s been going on for a really long time. That’s just what humans do with or without blockchain,” Liu noted.
Despite price volatility, Solana’s Total Value Locked (TVL) reached an all-time high in April 2025, demonstrating continued investor confidence in the ecosystem beyond speculative assets.
The Crisis of Capital Access for Young Generations
Liu, who previously co-founded Earn.com (acquired by Coinbase in 2018) and served as CFO of Chinaco Healthcare Corporation, brings significant experience from building businesses in both the US and China to her current role at Solana. Her background in traditional finance gives weight to her critique of current capital markets.
“Fifty years ago, it took 25 hours of labor to buy one share of the S&P 500. Today, it takes 195 hours,” Liu noted in her presentation, highlighting how capital gains have become less accessible to average workers while losses are increasingly socialized through national debt.
This inaccessibility to capital markets has created anxiety among young people globally. Liu pointed to challenges in Korea and China, where housing prices have skyrocketed beyond what young professionals can afford without parental support.
“In Korea and China, the parents’ generation has retained the upside of a major asset class like housing. Young people’s ability to convert hours of labor into capital and freedom later in life has become extremely limited,” she observed. “In China, it creates huge anxiety for families where young men are culturally expected to own an apartment before marriage, yet average professional salaries make this impossible without parental help.”
Blockchain as Global Financial Infrastructure
Liu sees blockchain’s core purpose as creating a unified global financial infrastructure, similar to how the internet unified attention. “What crypto is doing is providing this unified infrastructure to unify the wealth, the transactions, the financial coffers of five and a half billion people,” she explained.
This infrastructure enables what Liu calls “internet capital markets,” making the full range of financial assets available to anyone with an internet connection. She contrasts the simplicity of downloading a crypto wallet against the complex paperwork of traditional banking and investment systems.
Lily Liu, President of Solana Foundation. Source: 2025 Web3 Festival Hong Kong.
For Liu, this infrastructure is particularly valuable in expanding access to equities and other assets that have both fundamental value and price discovery—currently reserved primarily for accredited investors even in developed markets.
Community-Based Capitalism and the Ownership Economy
Liu argues that blockchain offers an alternative to traditional economic systems. “In the last 100 years, we’ve come to accept that the dominant ownership models are either capitalist or communist—corporate ownership or state ownership,” she explained. “What Bitcoin proposed is that those aren’t the only choices.”
This has evolved into what Liu calls “community-based capitalism,” a term she uses to describe economic models where value accrues to network participants rather than just shareholders or the state. “Instead of universal basic income, which is essentially a welfare economy, crypto proposes universal basic opportunity,” she said. This model allows early participants in network building to share in the upside.
Liu contrasts this with traditional platforms like Uber, where early drivers who helped bootstrap the network received hourly pay but no equity upside. Her “ownership economy” concept refers to this more inclusive approach to capital formation where contribution and ownership are more closely aligned.
Solana’s governance reflects this philosophy, which was recently demonstrated in a controversial proposal to reduce inflation. Liu actively participated in this discussion, explaining that inflation reduction might seem efficient from a network security perspective but would potentially harm Solana as a yield-generating asset.
“Dynamic yield on an asset makes it a worse asset,” Liu emphasized. “If you have an asset yielding a fixed percentage annually, you price that very differently than an asset yielding at variable rates.”
Looking five years ahead, Liu envisions Solana enabling an ownership economy where blockchain creates new pathways for individuals to convert labor into capital, bringing “more inclusivity for five and a half billion people on the internet into capital markets.”
“The end state is moving into assets that have value, can also command price, and bring more inclusivity around the world,” Liu concluded. “This is where crypto is going.”
