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Pi Network price has the potential to rally towards all-time highs if it can hold support at $0.60. Moreover, despite a rather disappointing “launch” that saw Pi Coin drop by more than 60% in one day, the project’s founder has asserted that the token is not a “scam” and quashed FUD surrounding the project. Pi Coin trades at $0.663 today after retreating from a daily high of $0.996. After a heightened period of volatility, PI Coin seems to be stabilizing between the $0.64 and the $0.66 range. Pi Network Founder Quashes FUD: Can Price Reach ATH? In a recent YouTube video, Pi Network’s founder, Chengdiao Fan, defended the network, saying that, unlike new blockchain projects, Pi Coin never made an Initial Coin Offering (ICO). Instead, the project made sure the tokens were free and accessible to everyone. Fan added that unlike meme coins, which lacked strong fundamentals, Pi Network had built a solid infrastructure and ecosystem to ensure Pi Coin has utility. “Don’t let the noise distract you, focus on what matters, and what makes a difference in the crypto space,” she stated. Her remarks come after several pioneers expressed their “disappointment” in the recent launch. Dr Picoin opined that considering the launch price of below $2 and the subsequent drop, the project should have been released three years ago. “Yesterday was shockingly disappointing!… I am requesting the Core Team to return to the drawing board and assess the potential repercussions of having very disappointed pioneers,” the pioneer noted. CEO Ben Zhou has also labeled the project a “scam” and added that the exchange will not allow its users to buy Pi Coin on the platform. Given these headwinds, Pi Coin’s short-term outlook seems bearish. However, if Pi Network price can overcome these challenges and regain community support, how high can it rally, and could it reach an ATH? Pi Network Token Analysis – Is a $3.4 ATH in Sight? Pi Coin seems to be cooling off after a period of intense price volatility. The token has formed support at $0.60, and if it can successfully defend this level, it could prevent further drops. If buyers make a comeback, the Pi Network token faces resistance at $0.82. A recovery past $1 will also spark an extended rally towards an all-time high level of $3.4. PI/USDT Chart Besides needing buying support, Pi Network needs to announce strategic partnerships that highlight Open Network’s use case. Strong fundamentals tend to bode well for new tokens and could dispel concerns about the project being a scam.

Tether has unveiled TradeFi, a new financial service aimed at optimizing global trade by offering innovative funding solutions. The announcement was made on February 19 by the company’s CEO, Paolo Ardoino, via X. According to Ardoino, TradeFi is designed to address the financial demands of modern commerce by streamlining cross-border transactions and improving overall efficiency. This latest initiative expands Tether’s portfolio, which already includes stablecoins, asset tokenization , and wallet development tools. TradeFi is expected to facilitate funding for international trade, particularly in key commodities like crude oil and copper, while utilizing USDT for seamless settlements. The goal is to lower transaction costs and enhance financial inclusivity across different industries and markets. Tether’s website describes the initiative as a blockchain-backed solution that simplifies trade flows, reduces costs, and fosters financial accessibility across borders. The introduction of TradeFi follows Tether’s involvement in its first crude oil trade last November, when the company financed a $45 million deal covering 670,000 barrels of oil in the Middle East. While the specific companies involved in this transaction were not disclosed, Ardoino highlighted the deal as an initial step in a broader plan to support additional commodities and industries. The launch of TradeFi aligns with Tether’s broader strategy of diversifying its business beyond stablecoins. Over the past year, the company has strategically invested in multiple industries, signaling a shift from its role as a stablecoin issuer to a significant player in sectors such as artificial intelligence, agriculture, and Bitcoin mining. Tether has also made notable investments, including backing Juventus, the well-known Italian football club, and expressing interest in acquiring a 51% stake in Adecoagro SA (AGRO), a NASDAQ-listed agribusiness firm . A Tether spokesperson informed on media that these ventures are part of the company’s long-term plan to expand its reach into tangible, high-value industries beyond digital assets. Despite this diversification, Tether maintains its dominance in the stablecoin market. Its flagship stablecoin, USDT, continues to lead the sector with a market capitalization exceeding $140 billion, accounting for approximately 70% of the industry’s total market share. MIND of Pepe is an innovative cryptocurrency project that merges meme culture with advanced artificial intelligence technology. At the core of this initiative is an adaptive AI agent designed to collect and analyze information about meme coins while engaging with the community. This dynamic system allows the AI to enhance its capabilities progressively, ensuring that the project remains both interactive and technologically cutting-edge. The fusion of AI-driven innovation with entertainment elements introduces a fresh approach to the digital asset industry. The project operates on its native cryptocurrency, $MIND, which serves as the backbone of its ecosystem. Token holders benefit from exclusive market insights, participation in community-driven initiatives, and various other advantages. MIND of Pepe has allocated a total supply of 100,000,101,001 tokens, strategically distributing them among key areas such as presale, liquidity, development, marketing, and staking rewards. This structured tokenomics model is intended to promote long-term project stability and growth. Security and transparency are fundamental to the project’s infrastructure. To reinforce investor confidence, the smart contracts governing MIND of Pepe have undergone a comprehensive audit conducted by Coinsult, a trusted blockchain security firm. The publicly available audit findings further demonstrate the project’s commitment to building a secure and transparent ecosystem, helping to establish trust among both community members and potential investors. By leveraging artificial intelligence within the meme coin sector, MIND of Pepe aims to reshape the cryptocurrency landscape. Its AI-powered system not only supports continuous technological advancements but also fosters an engaging user experience. The dual emphasis on innovation and entertainment sets this project apart, positioning it as a potential leader in the evolving digital asset space. Those eager to learn more or participate in the presale can visit the official MIND of Pepe website . The project stands as a forward-looking example of how AI integration and meme culture can intersect to create new opportunities within the crypto industry. Related News

Bitcoin’s hashrate growth decelerated in January after months of rapid expansion, according to a report from TheMinerMag. The network’s difficulty experienced its first decline since September, reflecting the challenges faced by smaller mining operations. Despite an increase in hash power from publicly listed companies, their growth was insufficient to offset the exit of less competitive miners. According to the CoinDesk report , the total revenue generated from Bitcoin (BTC) mining remained steady at $1.4 billion in January. Publicly traded mining firms, holding a combined 99,000 BTC valued at approximately $9.7 billion, accounted for around 30% of the network’s hashrate. While large operators expanded, the broader market saw a slowdown as smaller miners faced profitability pressures. Marathon Digital held the top position by operating at 41.65 EH/s hashrate. The hashrate numbers from CleanSpark stand at 34.77 EH/s but Riot Platforms achieved 31.27 EH/s through their aggressive market movements. The 30 EH/s section of the Bitcoin mining industry has become highly competitive which creates an expanding performance difference between 30 and 10 EH/s mining_capacity operations including Core Scientific along with Cipher Mining and Bitfarms. Bitcoin’s recent halving event significantly reduced mining rewards, placing additional strain on profit margins. Even with BTC prices near $100,000, many smaller operators have struggled to sustain operations. Larger companies, already positioned to withstand market fluctuations, increased their market share as a result. Some miners have started diversifying revenue streams by hosting machines for artificial intelligence and high-performance computing firms. Mining hardware imports to the United States decreased in January, contributing to the stabilization of hashrate growth. Despite the overall slowdown, companies like Blockchain Power Corp and AcroHash imported significant amounts of cooling infrastructure from Bitmain, underscoring efforts to improve operational efficiency. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

We're now witnessing BTC yield wars on Bitcoin's programmability layers. On the @Coredao_Org side, the team has secured onboarding with major custodians—@BitGo, @Hashnote_Labs, and Copper—who are integrating with Core to earn yield by staking BTC. This is a bullish signal for $CORE due to the dual staking—same as the demand for lstBTC. Institutions might start to acquire $CORE en masse to maximize BTC staking yields (staking CORE + BTC -> 25x yield).