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The post SEC Hosts First-Ever Crypto Roundtable Today appeared first on Coinpedia Fintech News
The SEC is holding its first-ever Crypto Roundtable today at 1 PM ET. The event will feature key discussions on cryptocurrency regulations, bringing together experts and industry leaders to explore challenges and opportunities in the space. This marks a significant step in shaping the future of crypto regulation.
Pi Network price remains in a clear downtrend following its initial listing gains on small exchanges. The struggle to secure a top-tier exchange listing has dropped the price of PI Coin by 80% in 69 days. Despite the crash, the future outlook witnesses a spark as Michael Saylor remarks a bright Bitcoin market cap target of $200 trillion.
Such a bullish viewpoint projects a strong possibility of a phoenix-like rise for projects like PI Network. So, how high will the price surge of the PI Coin price if Bitcoin hits a $200 trillion valuation?
Michael Saylor, Executive Chairman of MicroStrategy, ponders the possibility of Bitcoin achieving a $200 trillion market cap by 2045. This will position Bitcoin as a global settlement layer after a 100x increase from the current market cap of almost $2 trillion.
Based on PIScan, the current market cap of PI Network is $4.09 billion, securing a spot in the top 30 cryptocurrencies. If PI Network witnesses similar 100-fold growth, the bullish case targets a $409 billion valuation. This will pump the current price of PI Coin from $0.581 to $58.10.
If PI maintains its current market cap of $4.09 billion, a 100-fold increase in Bitcoin’s market cap could proportionally elevate PI’s market cap to $409 billion. With the circulating supply remaining constant, this would translate to a PI price of approximately $58.10.
An even more optimistic PI Network price prediction surfaces if it could reclaim its all-time high $13.4 billion valuation. In such a case, PI Network will reach a $1.34 trillion valuation and a $190 market price. This surpasses the current Ethereum valuation and is $600 million shy of the current Bitcoin market cap.
Such a mammoth rise in Bitcoin will impact the entire cryptocurrency market, as historically, BTC price jumps relate to altcoin market rises. Hence, in such a scenario, top altcoins other than PI Coin would witness a similar move.
The key hurdle for PI Network to reinstate a positive trend remains the top-tier exchange listing, like Binance. Facing rejections due to its minimal utility, network upgrades and increased liquidity could open the gates to major listing gains.
Recently, Banxa, a payment platform, secured PI Network’s KYB approval, bringing PI Coin exposure to its users globally. This will boost the liquidity and bring real-world utility, increasing its listing chances.
Elsewhere, PI Network provides another real-world solution to Cube Motors, a well-known Florida car dealership. In a partnership with Pi Coin, the dealership will now accept Pi Coins as a legitimate payment for vehicles.
The PI Network utility expanded to real estate earlier this year. Zito Realty LLC, a Florida-based real estate firm, now accepts Pi Coin as a form of payment for property transactions.
In conclusion, if Saylor’s promising target of a $200 trillion valuation becomes a reality, altcoins like PI Network will skyrocket. Estimated valuations from $409 billion to $1.34 trillion could witness a price surge between $0.58 and $190.
The post How High Will Pi Network Price Go if Bitcoin Hits $200T Valuation As Suggested by Michael Saylor? appeared first on CoinGape.
The emergence of fractional ownership of real-world assets represents a turning point in investment paradigms. This shift has had a pronounced impact on Gen Z and new investors, who face distinct economic challenges. Young people struggle with significant student loan debt or face the risk of lower initial earnings. Over 40% of Americans under 30
The post Why Blockchain Should Be the Backbone of Fractional Asset Ownership Models appeared first on CoinGape.
The post Will Donald Trump Create a Bitcoin Reserve Tomorrow? appeared first on Coinpedia Fintech News
As President Donald Trump marks his first 100 days back in office with a rally hosted by Securing American Greatness, excitement is growing around whether he will take a historic step by officially adding Bitcoin to the United States’ financial reserves. According to prediction market Polymarket, there is currently a 6% chance that Trump will announce a Bitcoin reserve before the 100-day milestone ends tomorrow.
This speculation follows recent comments from U.S. Secretary of Commerce Howard Lutnick, who appeared on Bitcoin Magazine to discuss the administration’s evolving stance on digital assets. Lutnick opened up about a strong shift away from the previous administration’s restrictive approach to cryptocurrency, saying, “Under Biden, it was treated like you were doing something wrong… That’s over now.”
Lutnick said that the Trump administration sees Bitcoin not as a currency, but as a commodity, similar to gold or oil. “There’s only so much of it,” he explained. “Bitcoin is like gold to me… It should be treated like a commodity.”
He added that once the U.S. formally accepts Bitcoin as a commodity, it could open the door for widespread use, including buying, selling, and holding it as an asset—just like gold. “No one stops someone from selling oil or gold,” he said. “Bitcoin should be the same.”
Lutnick also revealed that the Bureau of Economic Analysis is exploring the idea of treating Bitcoin similarly to gold in economic statistics, such as trade balances and GDP. While he didn’t confirm any official plans, he said it’s “a good idea” that is under consideration.
The Commerce Secretary emphasized the importance of making government data more transparent, hinting that new classifications could emerge to help Americans understand how Bitcoin fits into national economic metrics.
Although Lutnick didn’t confirm whether the U.S. already holds Bitcoin in a strategic reserve, he did mention that discussions are ongoing. “When the administration wants to come out with those answers, we will,” he said, but declined to provide details on holdings or key management.
He reiterated that Bitcoin remains on the administration’s agenda and praised Trump’s commitment to supporting the crypto community. “Trump promised to support Bitcoin, and he’s delivered,” Lutnick stated. “After tackling trade and global peace efforts, Bitcoin will definitely be back on the agenda.”
The post Will Donald Trump Create a Bitcoin Reserve Tomorrow? appeared first on Coinpedia Fintech News
As President Donald Trump marks his first 100 days back in office with a rally hosted by Securing American Greatness, excitement is growing around whether he will take a historic step by officially adding Bitcoin to the United States’ financial reserves. According to prediction market Polymarket, there is currently a 6% chance that Trump will …