Author: AltCoinDrops.com
Pi expert Dr Altcoin claimed the Pi Network lawsuit is full of a lack of evidence and misrepresentation of key facts about the project. He said this amid a new lawsuit filed by an investor in the U.S. courts. Expert Says Pi Network Lawsuit is Misleading In an X post, Dr. Altcoin criticized the U.S. lawsuit against the Pi team, calling it “flawed on multiple levels.” He believes that many of the claims made by the plaintiffs misunderstand the market history of Pi. Claims include that the price of Pi had plunged from $307.49 to $1.67. Dr. Altcoin clarified that…
Bitcoin trades about 27% below its $125k high, yet 67% of supply remains in profit above the key 50% band, signaling only moderate bearish pressure so far. Summary Bitcoin has corrected roughly 27–35% from its October all-time high near $125k, but two-thirds of supply still sits in profit versus acquisition price. The supply-in-profit metric, tracked by Adler AM, stays above the 50% “capitulation” line, echoing early-2022 correction conditions rather than a full market top or deep bear. Short-term moving averages and a recovering drawdown suggest a local base may be forming, though a drop in profitable supply below 50% could…
TLDR: Whales and sharks accumulated 934K ETH worth $3.15B in three weeks as small retail wallets reduced exposure. Ethereum reclaimed the $3,250 resistance level, forming a supportive zone closely watched by active traders. Analysts point to $3,400 as a potential short setup area if intraday price action faces rejection on retests. A drop below $3,250 may trigger a move toward $3,150, where traders could reconsider long entries after reversals. Ethereum extended its upward momentum with an 8.5% gain, reaffirming its strength during a period of wider market caution. The asset reclaimed a key trading region and advanced toward a familiar…
Real Finance has secured $29 million in the latest funding round that included participation from Nimbus Capital, Magnus Capital, and Frekaz Group. The firm aims to use the funds to expand its infrastructure for real-world asset tokenization (RWAs). According to the Real Finance press release, Nimbus Capital contributed approximately $25 million to the funding round, alongside contributions from Magnus Capital and Frekaz Group. The firm noted that the investment will help develop the compliance, settlement, and operational systems required for regulated financial institutions to move traditional financial assets onto blockchain networks. Real Finance targets to tokenize $500 million in RWA…
TLDR: JASMY trades below $0.01 with a higher low forming amid deep oversold conditions. Falling-wedge pattern compresses price, indicating possible seller exhaustion and accumulation. Fresh-wallet withdrawals from CEX reach over 10.3B JASMY, totaling ~$71.58M. Historical patterns suggest oversold zones like this previously triggered nearly 20X moves. JASMY is trading below $0.01 while forming a Higher Low (HL), signaling a rare technical setup. Current indicators show deep oversold conditions, which previously preceded nearly a 20X price surge. Traders are closely watching whether similar patterns could spark another significant move. The token is consolidating within a tightening falling-wedge formation, compressing price toward…
TLDR: Hong Kong begins consultation to integrate CARF rules and enhance crypto tax-reporting obligations. Updated CRS rules introduce new digital financial products and stronger due-diligence requirements. Government plans mandatory registration and stricter penalties for institutions handling reportable data. Automatic exchange of crypto-asset tax information is targeted to start with partner jurisdictions in 2028. Hong Kong has opened a public consultation on the Crypto-Asset Reporting Framework (CARF) and related amendments to the Common Reporting Standard (CRS). The process begins as the government moves to align its tax-reporting system with new OECD standards for digital assets. Officials confirmed that the consultation will…
Ethereum co-founder Vitalik Buterin has issued a sharp warning to Elon Musk, expressing concern that X’s evolution from a platform championing free speech to a tool for organizing targeted hate could trigger a global backlash and ultimately undermine the very freedoms Musk claims to defend.In a series of posts, Buterin said that public discourse around Europe — including from individuals he previously viewed as “interesting and sophisticated” — has grown “unhinged,” fuelled by increasingly aggressive online narratives. @elonmusk I think you should consider that making X a global totem pole for Free Speech, and then turning it into a death…
Over the last few days, the Bitcoin price has fluctuated, but the most prominent moves have been upwards, going from below $90,000 to over $94,000. As expected, this rapid climb already has investors calling for a return of the bull run, but not everyone is convinced. For some, the current Bitcoin price momentum is most likely a bull trap, and crypto analyst Xanrox highlights this in a recent analysis, outlining the best level to start selling the digital asset. Why The Bitcoin Price Risks A Crash To $74,000 Xanrox’s analysis focuses on the bearish formations that have appeared on the…
Leading XRP-friendly payment and trading platform MoonPay has announced a simple promotional campaign centered on XRP. The latest move continues MoonPay’s support for the fourth-largest cryptocurrency. In a recent post on X, the firm announced a giveaway to reward one X user with XRP. Specifically, MoonPay stated that it will award $250 worth of XRP to a single person who likes the announcement tweet. At press time, the post had already accumulated more than 3,200 likes. However, MoonPay has not yet revealed when the campaign will end, and the post continues to draw additional attention. Interestingly, MoonPay recently ran a…
The European Union has launched a formal antitrust investigation into Google’s operations, primarily over concerns regarding its use of web publisher content and YouTube videos to train its AI models. The EU announced the probe today to determine whether Google used third-party material without proper compensation, which is in breach of EU competition rules. The European Commission confirmed that it is investigating Google over allegations of unfair terms imposed on content creators, granting itself privileged access to material and placing other AI developers at a disadvantage. The probe will focus on Google’s AI Overviews, AI Mode, and generative AI services…