Whale moves 250 million Pi Coin: Will its price head to $1.50?

Recently, a significant transaction was recorded in which a cryptocurrency whale moved 250 million Pi Coins into a single wallet. This move caused a lack of liquidity on the OKX exchange, which led to the intervention of Bitget, which tried to stabilize the situation. As a result, the price of Pi Coin rose by more than 10% to reach $0.80. Analysts and … Read more

Pi Network launches $100 million investment fund to support PI token adoption

Pi Network has announced the creation of Pi Network Ventures, an investment fund that plans to invest up to $100 million (in a combination of USD and PI tokens) in startups and enterprises that promote the use and adoption of the PI token. The fund was established through the Pi Foundation, an independent organization focused on the long-term development of … Read more

Pi Network Ventures: $100m real-world Pi Coin fund faces challenges

Pi Network has announced the formation of Pi Network Ventures, a $100 million fund to support startups developing real-world uses for the cryptocurrency Pi Coin. The fund is funded by 10% of the tokens allocated to the non-profit Pi Foundation and aims to transform Pi from a mere mined asset to a currency usable in everyday life. Despite the positive intent of … Read more

Price crash after token release, rescue on Binance?

Pi Network (PI) experienced a sharp price drop of around 25% when its value dropped to around $1.10. This drop came shortly after a significant rise, with the token price climbing to $1.29, and even $1.40 on some exchanges. The reason for the sudden drop was the release of 8 million PI tokens, which significantly increased supply in … Read more

Pi Network surpasses Litecoin and Bitcoin Cash: PI price rises above $1

The price of the cryptocurrency Pi Network (PI) has seen a significant rise, climbing to $1.27, a 50% increase in a single day. This rapid growth has allowed Pi Network to surpass the market capitalization of Litecoin and Bitcoin Cash, moving it to the 18th largest cryptocurrency by market capitalization. In addition to the price increase, Pi Network also saw a significant … Read more

Speculation about listing Pi Network on Binance grows stronger ahead of planned May 14 update

Speculation about the possible listing of the Pi Network cryptocurrency on Binance is gaining momentum again after users have reported activity related to a wallet linked to the exchange. On May 7, on-chain analyst Moon Jeff reported on the X platform about the movement of small amounts of Pi Coin (PI) through Binance’s Stellar deposit wallet. This wallet, previously … Read more

Banxa receives KYB approval from Pi Network: Pi Coin available globally

Banxa, a global payment infrastructure provider, has received KYB (Know Your Business) approval from Pi Network, allowing it to sell the Pi Coin cryptocurrency to users in more than 100 countries. The move is considered a significant milestone for Pi Coin adoption as it simplifies access to the digital currency through Banxa’s platform. Banxa also allows users to complete the identity … Read more

Pi Network faces potential growth with new update and stock market listing

Pi Network recently released its first major update in nearly a month, allowing users who have passed KYC verification to activate their mainnet wallet. This change is meant to improve access to the blockchain and increase the chances of listing the PI cryptocurrency on leading exchanges, including Binance. This opens up the possibility of significant growth in … Read more