Pi Network to invest $100M in startups building blockchain apps
Pi Network has launched a $100 million fund, Pi Network Ventures, to invest in startups and businesses that drive the adoption and utility of its blockchain ecosystem. Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure. According to a May 14 announcement, the Pi Foundation is launching…
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Bitcoin looks ‘ridiculous’ as bulls attempt $2T market cap flip — Analyst
Bitcoin can hardly get any more bullish, says independent analyst filbfilb, as $100,000 slowly returns as support and bulls fight to cement a $2 trillion market cap. Key points: Bitcoin has a fight for a $100,000 price and a $2 trillion market cap on its hands this month. Dips below six figures are “easily possible,”…
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NFT founder stole millions from Bitcoin project, investors allege
The leader of an NFT project and Bitcoin mining venture has been sued by his former business partners for allegedly failing to pay them their promised equity returns. Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely…
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Canada lags with stablecoin approach, but there’s room to catch up
Crypto industry observers in Canada are concerned that their industry is being left behind without a clear framework for stablecoins. The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after…
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Pranksy: Inside the anonymous life of an NFT legend — NFT Collector
Legendary collector Pranksy bought $600 ETH to buy CryptoKitties in 2017 — and has been so successful trading he’s never had to buy ETH again. OG collector Pranksy is one of the most prolific figures in the NFT space, yet remains one of crypto’s greatest mysteries, with his true identity still unknown. Starting with just $600 worth…
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Bitcoin hitting $220K ‘reasonable’ in 2025, says gold-based forecast
Bitcoin’s “power curve” is churning out giant six-figure BTC price targets this year — can BTC/USD really reach $220,000 or more? Key points: New Bitcoin price targets leverage interplay with gold to deliver $200,000 and higher this year. Bitcoin price cycles remain in focus as part of the BTC price “power curve” model. Eating gold’s…
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Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor
Michael Saylor says those “less committed” to Bitcoin took the opportunity to exit the market after Bitcoin’s price surged. Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market. “I think we’re going…
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bitcoin SV (BSV) investors attempt to rekindle 2019 Binance lawsuit, Robert Kiyosaki has urged his followers to abandon what he calls “fake money” and…
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Altseason is coming, 40% daily gains to become ‘new normal’ — Analyst
Analysts predict a major altcoin breakout as charts flash bullish signals, though some warn this cycle lacks retail conviction and lasting momentum. Altcoin markets are flashing early signs of a breakout, with several analysts calling for a potential surge over the next few months. Crypto commentator Mister Crypto predicts the next 3 to 6 months…
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What will Bitcoin price be if gold hits $5K?
Gold’s potential march toward $5,000 raises the stakes for Bitcoin, with historical trends hinting at a surge to $155,000 or beyond if conditions align. Key takeaways: Bitcoin has historically outperformed gold, more recently by sixfold. Gold’s climb toward $5,000 could set the stage for significant Bitcoin gains. Weakening US dollar and rising global liquidity remain…
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