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Pi Network (PI/USDT) Market Analysis & Update
Pi Network (PI) is experiencing a major price drop, currently trading at $0.65361, down -52.38% in the last 24 hours. The 24-hour high was $2.078, while the 24-hour low fell to $0.60046, indicating extreme volatility. The trading volume is 431.64M PI, with a total turnover of $435.98M.
The moving averages (MA) suggest a bearish trend. The MA(5) is at $0.66173, MA(10) at $0.74655, and MA(20) at $0.77956, all indicating downward momentum. The order book shows 61% buy orders and 39% sell orders, suggesting that some traders are accumulating at lower prices.
The Pi token has dropped -25.03% today, reflecting high selling pressure. The next support level is around $0.59615, while resistance sits near $0.72883. If buying volume increases, a short-term rebound is possible, but overall sentiment remains bearish.
Traders should exercise caution due to high volatility. Monitoring key support and resistance levels will be crucial for determining future price movements. Will PI recover from this steep decline, or is further downside expected?
Trump Ties Bitcoin’s Surge to His Policies, Promises U.S. Crypto Dominance
U.S. President Donald Trump has attributed Bitcoin’s recent surge to his administration’s pro-crypto policies, reinforcing his vision of making America the global leader in digital assets.
Speaking at the FII Priority Summit in Miami on Wednesday, Trump linked the performance of the cryptocurrency market and traditional financial indices to his leadership.
“In just a few months, the Dow Jones Industrial Average is up 2,200 points, and Bitcoin has set multiple all-time record highs because everyone knows that I’m committed to making America the crypto capital,” Trump stated. “We want to stay at the forefront of everything, and one of them is crypto.”
Notably, since Trump secured the Republican nomination on July 15, 2024, when Bitcoin was priced around $61,000, its value has surged to an all-time high of $109,114 on January 20, marking a gain of approximately 78.88%.
Analysts attribute part of the rally to increased optimism among crypto investors, fueled by Trump’s public endorsements and promises to end regulatory hostility towards the crypto sector.
The president also took aim at the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler, criticizing its past approach to cryptocurrency regulation. Trump claimed that the agency had maintained an adversarial stance toward Bitcoin and other digital assets but was forced to soften its position in the face of growing public support for crypto.
“I have signed executive orders to keep the United States at the forefront of artificial intelligence and to end Joe’s war on Bitcoin and crypto,” Trump added.
“We ended that war totally, that war is over. They were very hostile toward them until the very end, just because there are so many people on Bitcoin and crypto. Just before the end, the SEC came out and they were being very nice. I was so nice to people because so many people were being indicted for no reason whatsoever, very political group of people. But they pulled those indictments because they realized there were 100 million, 125 million people using crypto.”
Since returning to office, Trump has taken steps to solidify his support among crypto enthusiasts. Notably, he nominated Paul Atkins, a well-known crypto-friendly figure, to chair the SEC while Brian Quintenz was nominated for the CFTC.
He also issued an executive order titled “Strengthening U.S. Leadership in Digital Financial Technology,” which explicitly bans the development and promotion of central bank digital currencies (CBDCs), a move widely applauded by crypto advocates.
That said, Trump’s pro-crypto stance has earned him praise from major figures in the industry, with Ripple CEO Brad Garlinghouse and Cardano founder Charles Hoskinson suggesting that his policies could elevate the U.S. as a global crypto hub.
Why the White House Is Pushing Back on Elon Musk’s Perceived Authority With D.O.G.E
Elon Musk is running the US government—at least, that’s what he wants everyone to believe. On X (formerly Twitter), he presents himself as President Donald Trump’s personal war machine, the man in charge of tearing down Washington’s bureaucratic mess through the Department of Government Efficiency (D.O.G.E). He claims he’s axing federal jobs, shutting down agencies, and cutting billions in wasteful spending.
But inside the White House, the story is not quite the same. The Trump administration now swears in court that Musk is just an adviser, not a decision-maker. In a legal filing on Tuesday, the White House testified that Musk has no control over D.O.G.E and no real power in government.
Trump needs Musk, but he also needs to distance himself. A new poll released Wednesday shows 55% of Americans believe Musk has too much influence. If the White House admits Musk is running D.O.G.E, it could fuel constitutional challenges and weaken Trump’s populist image. So they’re playing both sides—letting Musk take credit while legally denying his authority.
pic.twitter.com/gA9MwklW7H
— Elon Musk (@elonmusk) February 20, 2025
White House scrambles to rewrite Musk’s role
The White House can’t keep its story straight. On Tuesday, Press Secretary Karoline Leavitt insisted that D.O.G.E is nothing more than an advisory board that delivers recommendations to Trump and his cabinet.
“A president wins an election, and he appoints staff, including myself … including Elon Musk,” said Stephen Miller, Trump’s deputy chief of staff. “And those staff report to him.”
Yet just hours later, Musk sat beside Trump for a pre-recorded Fox News interview, talking about how he’s dismantling the federal government. He described his “special relationship” with Trump, his mission to enforce executive orders, and how he’s leading the charge against bureaucracy.
So, which version is true? A growing number of lawsuits demand answers. Federal courts are struggling to define Musk’s role in government. More than a dozen lawsuits have been filed against Trump’s D.O.G.E, accusing it of operating outside legal boundaries.
At a hearing on Monday, US District Judge Tanya Chutkan challenged Trump’s lawyers on Musk’s unchecked power.
“What appears to be the unchecked authority of an unelected individual and an entity that was not created by Congress and over which it has no oversight” raises serious constitutional concerns, Chutkan said.
Many Democratic attorneys general want Musk and D.O.G.E blocked from interfering with federal agencies. But courts are hesitating. The problem is nobody can define what D.O.G.E actually does.
Chutkan refused to grant an emergency order stopping Musk. She ruled that D.O.G.E’s exact role is still unclear, making a legal intervention premature.
The same lack of clarity is hurting other lawsuits. Since D.O.G.E operates in the shadows, plaintiffs can’t prove how or where it will strike next, making it difficult for courts to act preemptively.
D.O.G.E operates in secrecy while Musk adds to the chaos
A month into Trump’s second term, D.O.G.E remains a mystery. The office has no known administrator, no published list of employees, and no public records of its decisions.
The only thing that’s clear? Musk is calling the shots—at least on X. Since Trump’s inauguration, Musk has flooded his X platform with announcements about government programs being cut, employees being removed, and agencies being shut down. At times, it’s impossible to tell whether he’s speaking for himself or for the government.
Earlier this month, a Wired investigation identified many D.O.G.E staffers. Musk responded immediately, posting on X that revealing their identities “should be considered a criminal act.”
The White House, meanwhile, claims D.O.G.E is operating under “total transparency.” “All of our actions are fully public,” Musk told reporters at the White House this week.
While lawsuits pile up, Trump is turning D.O.G.E into a political selling point. At the FII Priority Summit in Miami Beach, Florida, Trump announced that he’s considering sending 20% of D.O.G.E savings directly to Americans.
“There’s even under consideration a new concept where we give 20% of the D.O.G.E savings to American citizens and 20% goes to paying down debt,” Trump said.
Musk has promised that D.O.G.E will cut $2 trillion in federal spending from the $6.75 trillion annual budget. If that happens, that means $400 billion could be redistributed to taxpayers—roughly $5,000 per household.
Some Republicans are already trying to pitch the plan as a “D.O.G.E dividend.” Others warn that without proof of real savings, it’s nothing more than an election gimmick.
Best Beginner-Friendly Crypto Investments to Skyrocket Before Q2 2025
Crypto projects Hyperliquid, Berachain, and Story offer massive profit potential with cutting-edge innovations. Whether it’s gas-free DeFi, modular liquidity solutions, or blockchain-based IP management, these tokens could be life-changing buys for beginners.
Source: Coinmarketcap
The Hyperliquid platform enters the market with its Layer 1 (L1) blockchain solution that aims to boost decentralized finance (DeFi) applications. The platform executes transactions swiftly by utilizing its proprietary consensus system HyperBFT while improving security performance. The decentralized perpetual exchange stands as a primary feature because it enables on-chain perpetual futures trading which eliminates the need for gas fees.
The order book operated by Hyperliquid exists entirely within the blockchain network which promotes security and transparency unlike common decentralized exchanges (DEXs). The project operates as a self-funded entity which ensures free independence for development decisions and operational choices. The development team comprises experts from Harvard University and Caltech along with MIT and professionals with financial and tech experience.
Source: Coinmarketcap
Berachain serves developers with a blockchain framework that facilitates Ethereum Virtual Machine (EVM) interoperability. The modular design allows parties to develop specialized L1 networks that operate on a common framework.
Berachain introduces Proof-of-Liquidity consensus as the foundation to protect its network while optimizing liquidity distribution. Berachain uses a three-token system to provide transaction processing and governance functionality with ecosystem rewards. The platform integrates seamlessly with Ethereum base standards thus allowing current Ethereum tools together with applications to work inside its network.
Source: Coinmarketcap
Story is an L1 blockchain designed for intellectual property (IP) registration, licensing, and monetization. It utilizes the $IP token for transaction fees, asset validation, licensing, governance, and staking.
The platform includes tools such as Story Explorer, StoryKit, IP Hub, and a Licensing Module to streamline IP management. Story plans to launch 1 billion $IP tokens, with an initial circulating supply of 250 million. The project is in discussions with exchanges like Coinbase and OKX for potential listings after its Token Generation Event (TGE) in February 2025.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Crypto: 30% of Mastercard Transactions Are Already Tokenized – What’s Next?
The number strikes like a thunderclap: 30% of Mastercard transactions are now tokenized. A silent revolution, almost sneaky, that redraws the boundaries of finance. Behind this percentage lies a strategic shift, a cheeky response to skeptics. But this metamorphosis is merely a prelude. The real burning question is: what financial world emerges when a traditional giant embraces crypto to this extent?
In 2024, Mastercard swallowed a third of its transactions to transform them into tokens. Not an experiment, but a calculated plan.
In its report to the SEC, the firm reveals a two-faced strategy: taming risks while nurturing the crypto ecosystem. Collaborations with exchanges, integration of crypto payments, open doors to stablecoins… A complex ballet where each step is choreographed. The results speak: $28.2 billion in net revenues, or +12% in one year.
Yet, Mastercard makes a rare admission: “Stablecoins and cryptos are serious competitors.” A paradox? No. Strategic lucidity.
By tokenizing its flows, the giant is not fighting crypto — it is digesting it. As if, in order to survive, it must become what it claimed to regulate.
But tokenization is just a tool. The real issue? Rethinking trust. Blockchains offer transparency and speed, but Mastercard adds its network, its regulation, its security muscle. A mismatched marriage? Perhaps. But when 30% of your transactions silently switch, divorce is no longer an option.
The elephant in the room? $27,600 billion in transactions in stablecoins in 2024, surpassing Visa and Mastercard combined. A seismic shift. American lawmakers are in a tizzy: French Hill and Bryan Steil are proposing a regulatory framework for stablecoins, with a clear objective — to protect the dollar, not innovation.
Yet, Mastercard envisions 2025 as the year of forced symbiosis. Regulations clarified, banks adopting blockchain, stablecoins becoming bridges between fiat and crypto worlds.
Idyllic scenario? Not quite. Because in the shadows, a battle is being fought: stablecoins threaten the margins of credit cards, nibble at transaction fees, challenge settlement times.
But here’s the twist: Mastercard bets on disruption to reinvent itself. By tokenizing its own flows, the firm transforms a threat into a lever. Imagine: cross-border payments in stablecoins settled in 3 seconds, secured by its network. A monstrous hybrid, half-traditional half-crypto, that could suffocate the pure players.
Mastercard has learned an essential lesson: crypto is not an adversary, but an DNA to integrate. Tokenizing 30% of its transactions is just a prelude. The next step? A complete overhaul where cards, stablecoins, and blockchains converge into a fluid and interconnected ecosystem. Will regulators keep up? Will banks withstand the wave? One certainty remains: in 2025, the financial landscape will be unrecognizable, despite a bitcoin whose consolidation is starting to bore.