Pro-XRP lawyer John Deaton has tapped two Ripple executives to join an exclusive list of crypto all-time greats. The XRP supporter argues that Ripple’s co-founder, Jed McCaleb, and company CTO, David Schwartz, can sit alongside Satoshi Nakamoto on Crypto Mount Rushmore. Ripple Executives To Rank Alongside Satoshi and Buterin On Crypto Mount Rushmore In an X post, John Deaton unveiled his picks for a Crypto Mount Rushmore, placing anonymous Bitcoin creator Satoshi Nakamoto at the top. Beneath Satoshi’s blank face, the pro XRP lawyer reels out potential candidates to make the cut for a Crypto Mount Rushmore based on their contributions to the cryptoverse. Deaton taps Ethereum co-founder Vitalik Buterin to make the exclusive list for introducing smart contracts and decentralized applications. Deaton says Buterin’s inclusion into the list is a “no-brainer” given his pioneering status in the ecosystem. The lawyer tips Ripple co-founder Jed McCaleb to make the cut,… Read More at Coingape.com
Amid the rise of altcoin-focused treasury companies, Strategy (formerly MicroStrategy) co-founder Michael Saylor reaffirmed that he remains committed to Bitcoin.
Far from being concerned, Saylor views the growing adoption of altcoins as part of a broader ‘explosion of innovation’ in the digital asset space—one that he believes ultimately strengthens the entire sector, including Bitcoin.
Bitcoin Over Everything: Michael Saylor’s Focus Amid Altcoin Frenzy
In an interview with Bloomberg, Bitcoin maximalist Saylor stressed that despite growing interest in altcoins, most of the capital is still going into Bitcoin.
“So I’m laser like focused on Bitcoin,” he said.
The Strategy co-founder revealed that the number of companies adding Bitcoin to their treasuries has more than doubled in just six months, jumping from roughly 60 to 160. Furthermore, Saylor labeled Bitcoin as ‘digital capital.’
He forecasted that it would surpass the S&P 500 in performance over the long term
“I think it’s the clear global monetary commodity in the world right now. So it’s the lowest risk, highest return, most straightforward strategy if you want to outperform the S&P and if you want to inject vitality and performance into your balance sheet,” Saylor added.
His latest remarks came after Strategy announced its third-largest Bitcoin purchase. Between July 28 and August 3, the company bought 21,021 BTC for $2.46 billion. The firm, the largest public holder of BTC, has 628,791 BTC worth $74.33 billion.
Strategy’s Bitcoin bet has also proven lucrative. In Q2, the firm reported a net income of $10.02 billion, a shift from the losses posted in the first quarter.
The End of Bitcoin-Only Treasuries? How ETH is Stealing the Spotlight
While Saylor’s conviction in Bitcoin remains unshaken, Ethereum is becoming the next preferred choice for many institutional players. Moreover, their conviction is not without reason.
“Due to staking yield, DeFi leverage. And from a regulatory arbitrage perspective, they make more sense than their BTC equivalents, too.
In addition, Shawn Young, Chief Analyst at MEXC Research, recently told BeInCrypto that the industry has moved beyond the era of Bitcoin-only corporate treasuries.
“Companies are increasingly diversifying across ETH, SOL, BNB, and TON, treating them as strategic assets aligned with the evolving structure of digital finance. This marks a significant departure from the traditional institutional finance playbook. Firms are beginning to align their treasury portfolios with the operational logic of crypto-native ecosystems, prioritizing liquidity, programmability, and exposure to on-chain growth sectors, Young mentioned.
He explained that firms publicly disclosing their digital asset holdings are setting a new benchmark. According to Young, companies integrating cryptocurrencies into their treasuries today could help shape the new corporate standard in the coming years.
Pi Network has been on a free fall over the past week, with another 20% crash in the last 24 hours, dropping all the way to $0.44, and falling out of the top 30 crypto list. Investors have lost hope for the Pi Coin price recovery amid expectations of another 60% fall to $0.1. Despite a few developments, the overall market sentiment for the altcoin has turned extremely bearish.
Pi Network Has Been On A Freefall
The Pi Network price has been respecting no support levels and has been facing strong selling pressure with daily trading volumes shooting to $500 million. This massive dumping comes as investors have been losing faith in the project amid delays in mainnet launch, KYC process, etc. As a result, several top crypto exchanges like Binance and Coinbase have distanced themselves from Pi Coin listing on their platforms.
On the other hand, PiDaoSwap has raised concerns over prolonged delays in receiving Know Your Business (KYB) approvals. As a temporary workaround, PiDaoSwap has opted to launch its non-fungible tokens (NFTs) on Binance Chain to maintain project momentum while awaiting regulatory clearance.
Additionally, other developments like the Banxa integration are also not working in Pi Network’s favor at the moment.
Four Reasons Pi Coin Price Could Drop to $0.1
Amid the very poor performance and 85% drop from its February high of $3.0, experts are now speculating that the Pi Coin price could drop to $0.1. The four main factors that can contribute to this are:
Mass Sell-Off Risk: With a community exceeding 60 million users, concerns are mounting over what could happen once unverified holders complete KYC. If a significant portion decides to cash out, the resulting supply flood could overwhelm the market. Currently, Pi Network has 6.79 billion tokens in circulation, with a max supply of 100 billion—leaving ample room for dilution.
Lack of Major Exchange Listings: Without listings on top-tier platforms like Binance or Coinbase, market confidence could falter. Pi may remain confined to mid-tier exchanges such as OKX and Gate.io, limiting liquidity and price stability.
Macro Market Weakness: A broader crypto market downturn—especially if Bitcoin drops below the $70K level—could trigger widespread altcoin selloffs. As a highly speculative asset, Pi would likely be among the hardest hit.
Stagnant Utility Growth: Projects like Zito Realty and PiFest have been cited as real-world applications, but if such initiatives fail to scale meaningfully, the ecosystem may lose momentum, driving Pi closer to penny-coin status.
Our Pi Coin price prediction shows the altcoin will be trading under $0.40 level over the next month. Looking at the current free fall, the Pi core team needs to step up to arrest the further downside, and regain trust within the community.
While investors are bracing themselves for a Pi Network Price pump, one expert has predicted a start date for the rally. Cryptocurrency analyst Dr Altcoin says Pi Coin price will spike during the upcoming Consensus Summit, with Pi Network founder billed to deliver a keynote address.
Pi Network Price Eyes Massive Rally In May
According to an X post, cryptocurrency analyst Dr Altcoin is forecasting the start of a Pi Coin rally in mid-May. Dr Altcoin notes that investors can expect the start date of the Pi Network price during the Consensus Summit scheduled for May.
Dr Altcoin’s predictions differ from previous projections that tip the start of a Pi Coin rally toward late August. Investors previously hinged their hope for a price rally after the end of the Pi unlocking event, set to release 212 million Pi Coins.
However, Dr Altcoin is predicting the rally to begin much earlier in May, triggered by the momentum around the Consensus event. Dr Altcoin has previously revealed why Consensus 2025 will be pivotal for the Pi Network, given the sheer volume and calibre of attendees.
“I am fairly confident that the price pumping of Pi might start during the Consensus Summit (May 14-16, 2025) rather than at the end of August when Pi unlocking significantly reduces,” said Dr Altcoin.
Several Factors May Delay The Start Date Of The Price Rally
Dr Altcoin’s prediction for the launch of the Pi Network price rally in May faces a raft of challenges. Right out of the bat, the Pi Core Team (PCT) is racing against the clock to approve KYB applications before the start of Consensus 2025.
Furthermore, Dr Altcoin says the launch of decentralized applications (DApps) on the network before Consensus 2025 will support a price rally. While the PCT achieves the milestones before Consensus 2025, other external factors are angling to adversely affect Pi Network prices.
Dr Altcoin has raised alarm over shady activity on Banxa that may trigger artificial volatility for Pi Coin Price. Keen on playing its part to stabilize prices, the PCT has begun purchasing Pi Coins on centralized exchanges, mopping up over 48 million coins.
Currently, Pi Network trades at the $0.6 mark, holding the price level for over a week as investors scan the charts for signals of a seismic rally.
Furthermore, Dr Altcoin is hinging his resolve for a rally on seven Pi Network pros, including accessibility and sustainability perks. The cryptocurrency expert name-checks its security features, low gas fees, and regulatory compliance.
