Shiba Inu (SHIB) is flashing a warning sign after forming a bear flag pattern. Meanwhile, 2 trillion SHIB tokens have flooded exchanges in one month, highlighting growing bearish pressure towards Shiba Inu price. SHIB trades at $0.0000143 at press time with $180M in daily trading volumes and an $8.44 billion market cap. In 24 hours, SHIB has fluctuated between a daily low of $0.0000141 and a daily high of $0.0000146 per data from CoinMarketCap. Shiba Inu Price Flashes Warning Sign as Bear Flag Emerges Shiba Inu price has flashed a warning sign on the weekly chart after a bear flag pattern emerged. A bear flag usually indicates a brief pause in the downtrend before the bearish momentum continues to push SHIB lower. This bear flag will be deemed valid if the price of SHIB falls below the lower support level and extends the downtrend. In this case, this meme coin… Read More at Coingape.com
Pi Network (PI) has recently experienced a significant price decline, exacerbated by Binance’s decision to exclude the token from its new vote-to-list campaign. This move has led to waning investor confidence, further driving down the price of Pi Network.
As a result, investors have become increasingly hesitant, pulling their funds from the project.
Pi Network Is Losing Investors’ Interest
The Chaikin Money Flow (CMF) for Pi Network is currently at its lowest point since the project’s inception. This indicates that the outflows from the altcoin have reached an all-time high, signaling a lack of conviction among investors.
The negative sentiment has caused many to pull their money out of Pi Network, further weighing down the asset’s value.
This heightened outflow could have a lasting impact on the price, as it suggests that investor trust is faltering. As confidence in Pi Network continues to dwindle, more investors may decide to exit their positions, which could lead to even more downward pressure on the price.
Pi Network’s macro momentum has also shown signs of shifting. The Relative Strength Index (RSI), which measures the strength of price movements, bounced back after hitting the oversold zone earlier this week. This is typically viewed as a sign of potential reversal, suggesting that the bearish momentum could ease.
However, despite this slight improvement in the RSI, Pi Network has not yet seen any significant growth. This indicates that the broader market pressure is still very much present.
Currently, Pi Network is trading at $1.00, down by 44% over the last ten days. The altcoin is attempting to hold above this price point and has been relatively successful in doing so.
However, the ongoing outflows and broader market conditions suggest that Pi Network could struggle to maintain its current level.
If the selling pressure continues, Pi Network may fall toward the $0.92 support level. A breakdown below this level could lead to a further decline to $0.76, extending the recent losses. With this potential for continued downside, investors will need to watch these support levels closely.
If Pi Network manages to reclaim $1.19 as support, it could pave the way for a potential recovery. A successful rise above this level could push the price back to $1.43, helping the token recover a portion of its recent losses.
Bitcoin 2025 just got a shock of controversy, Michael Saylor made waves by calling proof-of-reserves “a bad idea,” as highlighted by analyst Mitchell. The bold remark has reignited debate around transparency and trust in crypto. In a recent interview, Saylor outright rejected the idea of publishing on-chain proof of reserves, a practice seen by many in the crypto space as essential for transparency and trust.
Saylor’s Security Concerns
Saylor argued that current PoR methods weaken security by exposing sensitive data. He likened it to publishing bank account details and insisted AI analysis would reveal dozens of ways such disclosures could compromise long-term safety. Drawing from the FTX and Mt. Gox disasters, Saylor suggested that blindly chasing transparency without secure methods could do more harm than good.
— bitcoin pirate I I ∞/21M (@ob_hodl) May 27, 2025
The crypto community didn’t take his comments lightly. Notably, Bitcoin veteran Whale Panda (Stefan Jespers) called it a “major red flag,” stressing that Bitcoin’s core value lies in its transparency. Critics argue that there are ways to verify holdings securely, without compromising asset safety.
For example, Bitwise uses a “proof of holdings” method for its crypto products, and many crypto exchanges regularly publish audit reports to prove solvency. These examples contradict Saylor’s claim that such actions are inherently risky.
Old Wounds and New Doubts Resurface
The backlash has even reignited old doubts. Some critics pointed to Saylor’s infamous $6 billion loss in 2000 due to an accounting scandal, suggesting a pattern of avoiding transparency. Others are reviving conspiracy theories that MicroStrategy may not hold actual Bitcoin, but instead, paper-based derivatives.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Michael Saylor Says Proof-of-Reserves Is a Bad Idea appeared first on Coinpedia Fintech News
Bitcoin 2025 just got a shock of controversy, Michael Saylor made waves by calling proof-of-reserves “a bad idea,” as highlighted by analyst Mitchell. The bold remark has reignited debate around transparency and trust in crypto. In a recent interview, Saylor outright rejected the idea of publishing on-chain proof of reserves, a practice seen by many …
CME Group has announced plans to launch XRP futures on May 19, pending regulatory approval. The new offering will include both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP), giving market participants flexible trading options. XRP futures will expand CME’s crypto product lineup, which already includes Bitcoin, Ether, and recently launched SOL futures. This move signals continued growth in the cryptocurrency market, catering to institutional investors’ needs.
The post CME Group to Launch XRP Futures on May 19 appeared first on Coinpedia Fintech News
CME Group has announced plans to launch XRP futures on May 19, pending regulatory approval. The new offering will include both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP), giving market participants flexible trading options. XRP futures will expand CME’s crypto product lineup, which already includes Bitcoin, Ether, and recently launched SOL …
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I ∞/21M (@ob_hodl) 
