Pi Coin’s 169% Breakout: Analyst Targets $3.78 – Find Out How
After 169% surge, Pi Coin sets sights on ambitious price target from bullish momentum
Market analyst forecasts strong Pi Coin rally, projecting $3.78 price in 2025
Binance listing potential: 86% vote yes to listing, could further Pi Coin’s price action
Pi coin has taken off, surging 169% from its most recent low point. The cryptocurrency is currently changing hands at $1.60, which is a 0.68% increase in the past 24 hours. Despite a 35.87% decrease in trading volume, the market cap is holding steady at $10.4 billion.
The price has tested several resistance levels, showing ups and downs with regular dips and bounces. Investors are closely watching to see if Pi Coin can keep up its momentum and break through key resistance points.
Pi Coin’s Price Swings: Market Eyes Breakout
Pi Coin’s price action has displayed big swings over the past day. It hit a 24-hour high of $1.60 while dropping down to a low of $1.47. This price behavior suggests attempts to reach new highs, with buyers stepping in at key support levels.
Source: CoinMarketCap
The lower trading volume might mean traders are being careful, waiting for clear confirmation of a breakout. If t…
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China to Outline 2025 Economic Targets Amid Uncertainty Over Trumpian Trade War
China is set to reveal its economic targets for 2025, following the rising economic uncertainty supposedly caused by trade war threats from US President Donald Trump. The annual meeting of the National People’s Congress (NPC) will begin on March 5 in Beijing, where Premier Li Qiang will deliver the Government Work Report.
According to a Tuesday Bloomberg update, the closely watched document will list the Asian country’s economic goals, including targets for GDP growth, inflation, employment, and the fiscal deficit.
Economists expect the Chinese government to focus on strengthening domestic demand, expanding social support measures, and ensuring stability in the labor market. Yet, Beijing’s economic roadmap may soon be overshadowed by a wave of US trade sanctions, with multiple investigations into China’s trade practices set to reach Trump’s desk on April 1.
Beijing economic goals predictions for 2025
China’s inflation data, which came out before the NPC meeting, shows that the consumer price index rose from 0.1% in Dec to 0.5% in Jan 2025. This was higher than the 0.4% that the market had expected.
Food prices, which had been in decline at the end of 2024, rebounded in January, with pork prices rising 13.8% year-over-year and fresh vegetables seeing a 2.4% increase. Increases in healthcare, education, and housing costs caused non-food commodities to rise.
China’s economic policymakers are expected to set a GDP growth target of around 5%, though some analysts anticipate a range of 4.5% to 5%. Inflation targets are also likely to be revised, with economists from Citigroup predicting that the consumer price index (CPI) goal will be lowered from 3% to 2%.
Fiscal policy is forecasted to take a more expansionary approach, with HSBC economists forecasting a broad-based fiscal deficit of 9.1% of GDP, an increase that exudes a more aggressive stimulus plan.
In the labor market, the government is expected to set a goal of at least 12 million new urban jobs, aligning with the number of college graduates entering the workforce this year.
Spending priorities will likely focus on domestic consumption and industrial upgrades. UBS analysts anticipate an expanded trade-in program for consumer goods, increased corporate investment in equipment, and large-scale infrastructure projects.
Beijing could consider providing capital injections for banks to facilitate debt restructuring for local government financing vehicles and offering subsidies to families with young children. In turn, pensions for retirees may also see an increase.
Per sources familiar with the matter, cited by Bloomberg, these economic targets and policies have been formulated behind closed doors over several months and are largely insulated from external pressures. They will be tested by the potential escalation of US trade tensions in the weeks following the NPC meeting.
US trade tensions loom over policy plans
China’s policymakers are indeed seeking to stabilize economic growth, but they must also contend with the threat of President Trump’s sanctions. The Trump administration is reportedly working on new trade restrictions to limit China’s technological advancements.
The US government wants to introduce tougher semiconductor export controls and efforts to push key US allies, such as Japan and the Netherlands, to tighten restrictions on China’s access to advanced chip-making technology.
Recent meetings between Trump officials and their Japanese and Dutch counterparts have explored ways to restrict engineers from Tokyo Electron Ltd. and ASML Holding NV from servicing semiconductor manufacturing equipment in China.
The discussions suggest Washington is headstrong on restricting Beijing’s ability to develop its chip industry, efforts that began under the Biden administration.
US officials could also consider adding new sanctions on several types of Nvidia chips that can be exported to China without a license. There are also early-stage talks about imposing stricter limits on the number of AI chips that can be shipped globally without the American government’s approval.
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Oklahoma’s Bitcoin Reserve Bill Gains Momentum with Key House Approval
Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203 ) has advanced past the House Government Oversight Committee with a 12-2 vote and will now proceed to a full House floor vote. If enacted, the bill would integrate Bitcoin into the state’s financial planning.
The bill, sponsored by Representative Cody Maynard and Senator Frix, received support from 12 committee members, with 2 opposing votes. Representative Hays was added as a coauthor. The committee has issued a “DO PASS” recommendation, signaling strong legislative backing.
A recent tweet from Cointelegraph reports that the bill could allow Oklahoma to allocate 10% of public funds into Bitcoin or other digital assets exceeding a $500 billion market cap. While the bill does not explicitly mention these figures, multiple states, including Arizona and Utah, are exploring similar digital asset reserves.
🇺🇸 TODAY: Oklahoma’s Strategic Bitcoin Reserve Act (HB 1203) has passed the House committee, advancing for a House floor vote next. The bill allows the state to invest 10% of its public funds into Bitcoin or any digital asset with a market cap of over $500B. pic.twitter.com/6TJl9JZsKd
HB 1203 seeks to create a Bitcoin reserve owned by the state, which may involve savings accounts and pension funds. The reasoning is that Bitcoin is a valuable asset for stability due to its decentralized system and its supply is capped. Oklahoma can increase its financial stability by diversifying in digital assets.
Its supporters argue it can make Oklahoma a blockchain leadership destination, attracting crypto-related businesses and investment. The move is in sync with other states, for example, Texas and Pennsylvania , which consider Bitcoin reserves.
Its volatility, regulatory uncertainty, and security risk have been criticized. Critics argue public funds should not be left in market hands without firm protections.
The bill will proceed for a vote on the House floor. If it is approved, it proceeds to the Senate before it can reach the Governor for signature. If it is signed, Oklahoma can potentially be among the first states in which Bitcoin is part of its monetary policy, setting a precedent for other states thinking about such a policy.
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.
ETH Price Prediction in 2025: the Token Could Easily Breach the $5K Mark in 2025
ETH, the second biggest crypto in the world, is the very backbone of the decentralized finance landscape. Not only that, but ETH is also important for smart contracts and blockchain infrastructure. This is primarily due to two key reasons. First, it is one of the most used and popular blockchain and holds a considerable market share. Secondly, it is always looking to innovate itself.
Since it is one of the most used blockchains, it is in a constant state of evolving with regular updates that enhance scalability and the security side of the token. However, the market is gradually evolving, and newer layer-1 blockchain is entering the foray. As a result, analysts believe that the token needs to evolve itself. Here is a detailed look at ETH price prediction for 2025 to see where the token is headed.
ETH Price Prediction For 2025
ETH is currently trading between $2,800 and $2,400. Therefore, it is safe to say that ETH is still maintaining its status as the second-largest crypto in the world when it comes to market cap. Analysis for 2025 says that the token will be riding bullish waves and can reach a price point between $5,000 and $7,500 by 2025. This price movement can be due to three key reasons, including:
ETH Upgrades: ETH upgrades can help make the blockchain more responsive. Therefore enhancing its accessibility.
Institutional Adoption: The overall growing involvement of institutional investors can be another important catalyst that could trigger bullish waves for the blockchain.
Layer 2 Expansion: Finally, Layer 2 expansion could increase the token’s overall efficiency. Therefore reducing congestion and lowering costs.
While analysts claim that these factors could play a key role in pushing the price of the token high, there is a latent fear that the internal problems will not be done away with. Hence, investors need to factor in that part as well.
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XRP on a Bullish Run: Egrag Crypto Suggests Massive Growth in the Upcoming Month(s)
Time and again, Ripple’s XRP has proved itself to be a resilient token. Even after major price crashes, the token has managed to keep itself afloat. In fact, while BTC, the biggest crypto in the world, is suffering from a dip, XRP seems to be in a better state. Not only that, but the token has also faced immense regulatory challenges and is still one of the notable performers in the industry. Additionally, recent analysis suggests that the token is priming itself for a bullish run.
At press time, XRP is hovering around the $2.20 mark with a 3.42% downtrend. The intraday for the token was $2.49 high and $2.08 low. This performance is in sync with the broader trend of the token in the last month. In the last 30 days, the token fell from its $3.0 high. While some investors have panicked, seasoned investors claim that this is part of the cool-down period that even the biggest cryptos in the market go through.
Priming For A Bullish Run
Even though the token has shown some decline in the past few days, analysts remain optimistic. Egrag Crypto, a prominent name in the community, has used linear regression models on a logarithmic scale to study and forecast the price of the token. As per Egrag’s analysis, the token might oscillate between $6.4 and $27.5 by March or November 2025. These predictions are primarily based on Fib retracement levels and historical price charts.
Furthermore, Egrag has also identified a key resistance level, which the analyst termed the Genuine Wake-Up Line. The token has tested this level multiple times but failed to breach it successfully. However, if the token manages to break the said resistance level, it could easily reach $7.50. Therefore, there is a latent anticipation that the token might go on a bullish run. Hence, the right thing to do is to wait.
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