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Pi Network's price remains under pressure, with traders positioning for a potential crash amid bearish technical signals. The altcoin struggles to break out of its current downtrend, though the Pi Day event may provide a temporary boost to push through key resistance levels.
In a rapidly evolving world, few innovations have captured the imagination and transformative potential of people like blockchain. For Alessio Vinassa, CEO of BlockTechGroup, this technology is more than just a breakthrough in digital transactions—it represents an opportunity to foster shared success, bridge gaps, and create a more inclusive future. His vision is simple but …
Ripple's CTO confirmed that RLUSD can be temporarily halted or reversed to comply with legal orders, following updates to the GENIUS Act. This aligns with regulatory standards for stablecoin issuers.
The Hoodi testnet, launching on March 17, is crucial for resolving bugs in Ethereum’s Pectra upgrade, with a mainnet launch expected by late April, pending successful testing.
POPCAT has been unable to recover from a 48% drop, with weak investor sentiment and a lack of buying interest holding back any significant rebound. The altcoin is currently consolidating between $0.140 and $0.203, and it needs stronger market support to break this range.
- 12:49BTC falls below 83,000 US dollarsThe market shows that BTC has fallen below 83,000 US dollars, currently reported at 82,982.72 US dollars, with a 24-hour drop of 1.97%. The market fluctuation is large, please manage your risk well.
- 12:48Greeks.live: Traders anticipate that the market will continue to fluctuate, and options liquidity indicates a strong bearish outlookOn April 3rd, Adam, an analyst at Greeks.live, posted on social media that after Trump announced a comprehensive tariff of 10% and a car tariff of 25%, the group's overall sentiment was bearish. Although this is lower than market expectations, it is still considered negative news. The key Bitcoin price level that the market is focusing on is $83,000-$87,000 which used to be a support area. Options liquidity remains strongly bearish with traders noticing large amounts of put options being purchased including 700 put options expiring at the end of April for $79k each. Traders expect continued volatility and fluctuations followed by potentially poor closing on Friday with Bitcoin potentially falling below $83k which would erase all bullish trends.
- 12:47Brazil's largest bank, Itaú Unibanco, is considering issuing a stablecoinAccording to CoinDesk, Brazil's largest bank, Itaú Unibanco, is considering issuing its own stablecoin. The decision will depend on the final setting of the Brazilian Central Bank's stablecoin rules and the success or failure of US financial institutions in issuing stablecoins. Antunes, head of digital assets at Itaú, said that stablecoins are an "agenda item" for the bank and they are paying attention to the potential of blockchain in atomic settlements. Currently, Brazilian regulators are conducting public consultations (Public Consultation No. 111) on stablecoin regulation.