Pi Network (PI) News Recap December 9th

TL;DR Pi Network has surpassed 100 million app downloads, with 14 million users completing KYC verification, leaving 1 million more to meet the December 31 deadline for Open Network launch. The Pi Core Team’s December roadmap announcement for the mainnet open launch is highly anticipated, though past delays have sparked community skepticism. The Recent Developments…

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Cardano Foundation X Account Compromised, ADA Slips

In an unprecedented turn of events, the Cardano Foundation’s X account witnessed a hack on Sunday. Notably, the yet-to-be-identified hacker promoted a fake token and alleged that ADA withdrawals would stop as a result of a crackdown by the U.S. SEC. In turn, the broader market saw a flurry of concerns, with even the native…

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Ripple’s Garlinghouse Says 2024 Election Was a Chance to ‘Educate Voters’

Ripple CEO Brad Garlinghouse in an interview with 60 Minutes, said that the 2024 election was a “major victory” for crypto as the majority of Fairshake, a crypto political action committee (PAC), backed candidates, <a href=”https://www.coindesk.com/news-analysis/2024/12/02/crypto-cash-fueled-53-members-of-the-next-u-s-congress” target=”_blank”>won their seats.</a> And this was a non-partisan effort, as crypto, itself is non-partisan, he argued, pointing to the…

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Bitcoin Price to Hit $110K or $90K Next?

The Bitcoin price is facing tough resistance and is unable to cross the $100K level despite institutional inflows. One factor that investors need to keep watch on is the long-term holders’ intensified BTC selling despite the massive buying coming from the likes of MicroStrategy and Bitcoin ETFs. Why Bitcoin Price Faces Rejection at $100K? Even…

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On-Chain Metrics Indicate FX Guys Could Surge to $1 by 2025

Cryptocurrency investors always search for high potential altcoins that can deliver explosive returns. FXGuys, the rising star in the Top PropFi Project category, is gaining attention as on-chain metrics suggest a possible surge to $1 by 2025. With its innovative features like Trade2Earn, Staking, and the Trader Funding Program, FXGuys offers more than just price…

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