Pi Network listing on Binance has been in waiting for a long time, while the Pi core team has made little effort in making this possible. A Binance listing would offer a major liquidity boost for Pi coin, which is down by a staggering 85% from its peak of $2.85. Pi commuity member explains three
Bitcoin has been breaking records on several exchanges, but Ethereum is quietly taking the center stage. It recently crossed above $2,780. Arthur Hayes, the former BitMEX CEO, is betting big on Ethereum, calling for a rise to $10,000. With rising institutional inflows and a trend shift, ETH might be gearing up for a major breakout. It is currently trading at $2,782, with gains of over 4% in the last 24 hours.
Arthur Hayes teased Ethereum hitting $10,000 in a recent post. He backed it with a chart showing early signs of strength in Ethereum’s price. The ETH/BTC pair is also bouncing off historic lows, which could mean a major trend shift is starting.
Ethereum has been in a steady downtrend against Bitcoin since 2021. After peaking above 0.08 BTC, ETH gradually lost ground, forming a consistent lower-high, lower-low pattern over the past two years. But it’s now showing early signs of a bounce from the 0.02 BTC level. This week’s strong move to 0.025 BTC with rising volume indicates that bullish momentum is building.
In a recent Bankless podcast, Hayes had predicted that Ethereum could hit $10,000–$15,000, with global liquidity shifts and tighter capital controls.
Institutional Inflows Are Picking Up
Analysts note Ethereum’s growing institutional interest, citing strong inflows into ETH ETFs. Just yesterday, over $211 million flowed into Ethereum ETFs. BlackRock alone purchased $158.6 million worth of ETH.
In June, whale wallets increased their ETH holdings by 36%, and liquid staking rose by nearly 1 million ETH. This shows long-term belief in the network. Ethereum also recently underwent a major upgrade, which sparked a 50% ETH rally.
Hayes’s $10K prediction lines up with a rising trend, where companies are now holding Ethereum as a treasury asset. Besides, a recent Fidelity report highlights that Ethereum leads Solana and other chains in developer activity, total value locked (TVL), and stablecoin usage.
ETH Outshines BTC in Futures Trading
Data from Glassnode shows that Ethereum futures volume hit $62.1 billion, slightly ahead of Bitcoin’s $61.7 billion. This is a rare flip that suggests traders are shifting focus to ETH. At the same time, CME futures open interest for ETH has climbed to $3.27 billion, the highest since February, which is a clear sign of growing institutional demand.
Investor Ted Pillows shared that Ethereum is currently outperforming Bitcoin, and smart money is already entering the market. He points out Ethereum’s current price pattern resembles Bitcoin’s breakout rally from 2020–2021, and a major surge could be around the corner.
Experts suggest that major momentum is likely building across the broader Ethereum ecosystem in the second half of the year. Many believe that it can hit $10,000 by the end of this cycle.
The post Arthur Hayes Says ETH to $10K; Is Ethereum’s Big Breakout Coming? appeared first on Coinpedia Fintech News
Bitcoin has been breaking records on several exchanges, but Ethereum is quietly taking the center stage. It recently crossed above $2,780. Arthur Hayes, the former BitMEX CEO, is betting big on Ethereum, calling for a rise to $10,000. With rising institutional inflows and a trend shift, ETH might be gearing up for a major breakout. …
Today, the Tron founder stirred the pot with a cryptic tweet hinting at an unexpected correlation between Tron’s native token, TRX, and Bitcoin (BTC). The phrase “TRX = BTC” grabbed the attention of crypto traders and enthusiasts almost immediately.
But what’s behind this bold claim? Is TRX really mirroring Bitcoin’s movements?
With Sun’s track record of major announcements that shake the market, this might be one tweet you won’t want to miss.
TRX and Bitcoin: The Correlation You Didn’t See Coming
In a recent tweet, Sun pointed to a striking increase in the correlation between TRX and Bitcoin, calling it a “miracle.” According to on-chain data shared by Tron ambassador @0xKingsKuan, the correlation between TRX and BTC has surged to a notable 0.37 over the past 30 days.
This makes TRX more closely aligned with Bitcoin than with other prominent cryptocurrencies like Ethereum, Dogecoin, or Avalanche. Yes, I’m as shocked as you are.
While a 0.37 correlation might seem low at first glance, it’s significant for a token that’s often overshadowed by the big players in the crypto space. This growing link between TRX and Bitcoin suggests that Tron’s ecosystem is gaining momentum – and fast.
Surging Market Activity and Bullish Sentiment
Sun’s tweet may have intended to stir the pot or not, but it did either way. It coincided with a jump in TRX’s price, which saw a 3.7% increase within 24 hours, trading at $0.1592 as of April 26, 2025. What’s even more interesting? Over 1.2 billion TRX was traded during this period, marking a 28% surge in volume. Clearly, something is stirring in the Tron market.
The uptick in trading wasn’t just confined to price; on-chain data paints an even clearer picture. Active addresses on the Tron network reached 2.1 million, a 15% increase from the previous week. And the TRX/BTC trading pair saw a 2.5% gain, further reinforcing the positive sentiment surrounding Tron.
The Bigger Picture: What’s Next for TRX?
This new correlation with Bitcoin could be a game-changer. Historically, Justin Sun’s cryptic posts have preceded major price movements for TRX. For example, a similar tweet in 2022 led to a 12% price surge in just 48 hours. As of now, with TRX’s market cap sitting at $13.8 billion, it’s clear that the token is no longer just another altcoin.
Could this rising correlation be signaling more integration between TRX and Bitcoin? Or perhaps even broader blockchain developments, including AI-blockchain crossovers in 2025?
Time will tell, but traders are already watching for potential breakout opportunities. It’s definitely worth keeping an eye on.
The post Justin Sun Reveals Tron’s TRX Shocking Bitcoin Correlation appeared first on Coinpedia Fintech News
When Justin Sun speaks, the crypto world listens. Today, the Tron founder stirred the pot with a cryptic tweet hinting at an unexpected correlation between Tron’s native token, TRX, and Bitcoin (BTC). The phrase “TRX = BTC” grabbed the attention of crypto traders and enthusiasts almost immediately. But what’s behind this bold claim? Is TRX …
Following this crash, there is widespread fear across the crypto industry of similar events occurring in projects undergoing key phases of development and token unlocking. Among such projects is Pi Network, which recently transitioned to Open Mainnet.
Dr Altcoin, a crypto analyst and advocate for decentralized ethics, relates the OM incident to the Pi Network and calls for stricter regulation.
“The OM incident is a wake-up call for the entire crypto industry, proof that stricter regulations are urgently needed. It also serves as a huge lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet,” he tweeted.
Some users defended Pi Network’s fundamentals, highlighting its utility-focused roadmap and avoidance of speculative hype. However, Dr Altcoin doubled down on concerns over a lack of transparency.
“One thing is clear about the PCT, they are not transparent,” he added.
Still, the broader Pi community remains optimistic. The account Pi Open Mainnet, presented as a pioneer, posted a rebuttal citing reasons Pi may avoid OM’s fate. It highlighted Pi’s slow token release strategy and absence of large early-sell events as elements central to that confidence.
“Massive community (35M+ pioneers), steady unlocks, growing utility (.pi domains, dapps), and a clean track record,” they wrote.
Indeed, Pi’s ecosystem is expanding. The integration with Chainlink, new fiat on-ramps, and Pi Ads are creating what the team calls a “virtuous cycle” of adoption and utility, according to Pi Open Mainnet 2025, a senior pioneer’s account.
“These advancements form a virtuous cycle for Pi Network. Easier fiat ramps bring in more users (Pi’s community is already ~60M strong), Pi Ads drive more apps & utility, and Chainlink integration adds trust and interoperability. More users →more utility,” it stated.
With a community reportedly approaching 60 million, many believe the project has a strong user-driven foundation, unlike OM’s more centralized dynamics.
Is This Enough to Prevent OM-Like Fate?
However, not everyone is convinced this will be enough. Mahidhar Crypto, a Pi Coin validator, urged users to withdraw Pi coins from centralized exchanges (CEXs) to prevent price manipulation.
“We have seen what happened to OM—how market makers dumped on users…When you deposit your Pi Coins on CEX, the Market makers will use bots to create artificial buy/sell walls to manipulate prices or Liquidity,” they warned.
This aligns with recent concerns about collusion between market makers and CEXs. Mahidhar also called for the Pi Core Team to scrutinize KYB-verified businesses and avoid listing Pi derivatives on CEXs, citing the risks of leveraged trading on still-maturing assets.
Further fanning skepticism is on-chain behavior tied to OM. Trading Digits, a technical analysis firm, pointed out that the “Pi Cycle Top” indicator, a pattern often signaling market tops, had triggered twice for OM since 2024, the most recent being just two months before its collapse.