Posted on Leave a comment

What’s Driving Pi Coin Price Higher as PI ETP Loses Steam? – beincrypto.com

Written by
Kamina Bashir
Edited by
Harsh Notariya
Valour Pi (PI), an exchange-traded product (ETP) built to track Pi Network’s native cryptocurrency, has struggled to gain momentum with little market activity. 
Despite the lack of traction in the ETP, Pi Coin is beginning to show strength. The coin has surged to its highest level this month, fueling hopes of a broader recovery.
BeInCrypto previously reported that the Valour PI ETP launched in late August on Sweden’s Spotlight Stock Market. Trading in Swedish kronor with a 1.9% management fee, the ETP was hailed as a milestone for Pi Network’s integration into traditional finance.
However, over two weeks after its debut, the product has struggled to generate investor interest. Trading data from Spotlight showed declining volumes, with activity at times dropping to just a single trade per day. This signals a lack of enthusiasm in the European market. 
In contrast, Pi Coin itself has shown renewed momentum. BeInCrypto’s latest analysis suggested that a decisive move above resistance at $0.3469 could open the way toward $0.3587. Meanwhile, a drop below $0.3391 might trigger a retest of its all-time low at $0.3220.
The bullish scenario materialized as PI surged to $0.36 during early Asian trading hours, marking its highest price this month. According to data from BeInCrypto Markets, Pi Coin recorded a 1.73% daily increase. At the time of writing, it was trading at $0.352.
This upward move is not happening in isolation. The broader crypto market has also seen an uptick, with all major coins in the green. Moreover, optimism around Pi Network’s co-founder appearing at Token2049, combined with growing altcoin season sentiment, may also be supporting the recent price gains.
Nonetheless, the modest increase is not yet sufficient to reverse the broader downtrend. Still, that has not deterred some investors from betting big on PI. According to data from PiScan, a whale wallet has been accumulating substantial amounts of Pi from the OKX exchange.
The whale bought 441,549 PI just a few hours ago and now holds a total of 373 million PI. Such large-scale purchases often signal optimism about a token’s long-term potential.
“Pi is going to print the largest green candle in crypto history, hands dow, and you will be proud you never gave up on PI,” a Pioneer posted.
Additionally, Pi Network has implemented a strategic reduction in its mining rewards to enhance token scarcity. A recent post from The Times of Pi Network on X announced that the base mining rate for September was cut by 1.23% to 0.0027405 PI per hour. 
🚨 September Decline 1.23%
0.0027405/h ⛏️ 📉 https://t.co/nW3oIseE8R
At this rate, it now takes over 15 days to mine a single PI without bonuses. This move could stabilize prices by tightening supply. For now, Pi Coin’s price surge reflects a confluence of whale accumulation, supply management, and market optimism, and whether this momentum will be sustained remains uncertain.
Daily Crypto Insights
Insights, news and analysis of the crypto market straight to your inbox
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

source

Posted on Leave a comment

Bitcoin, XRP Testing Key Resistances And Could Turn Messy Again – Here’s Why – TradingView

Bitcoin and XRP have both made strong attempts to reclaim resistance levels in recent days. Bitcoin has broken above the $120,000 price level. XRP, on the other hand, hasn’t found it as easy to establish a firm breakout, although it has pushed as high as $3.10 in the past 24 hours.
Technical analysis points to possible short-term price gains if resistance levels holds, but it also outlines a scenario where both Bitcoin and XRP could face another round of declines in the coming week.
XRP’s Struggle Against The Downtrend
Technical analysis of XRP’s daily candlestick timeframe chart, which was posted on the social media platform X by a crypto analyst called Guy on the Earth, shows that XRP’s price action in the past 48 hours is pushing above a downtrend resistance, with the top of its consolidation rectangle at $3.12 now in focus. 
The analyst noted that the cryptocurrency narrowly missed this target during its latest surge, stalling at $3.10 before slipping back to $3. However, XRP has so far managed to retest and find support on the downtrend line, which suggests there is still a chance for continuation higher.
However, the analyst noted that the rally could fade quickly, unless XRP can closes the week and hold above the $3.12. A drop back below $3.00 would invalidate the breakout attempt and reopen the possibility of a breakdown to the $2.72 support. The pink circle drawn on the chart below shows the risk of XRP falling back to retest the ascending trendline around $2.40 to $2.50 if $2.72 is broken.


XRP Daily Price Chart: @guyontheearth
Bitcoin, on the other hand, has been displaying stronger momentum. The breakout above $120,000 has been decisive, and this can be seen as a healthier technical structure compared to XRP. The Bitcoin dominance (BTC.D) is also pointing higher, meaning Bitcoin could continue leading the market regardless of whether the next move is up or down.
A Big Weekend Ahead For Both Bitcoin And XRP
The next few days will be important for both XRP and Bitcoin. The three-day candle closes within hours, and the weekly candle will confirm the broader direction soon after. For XRP, holding above the $3.00 downtrend retest is important to maintain bullish momentum. On the other hand, Bitcoin maintaining strength above $120,000 could confirm its breakout and establish new grounds for further rallies.
Failure for Bitcoin to hold above $120,000, would likely usher in another bloody phase next week, with XRP at risk of dropping back toward $2.72 or even lower. The week’s close will determine whether this rally has legs or whether the correction scenario plays out instead.
At the time of writing, XRP is trading at $3.03. Bitcoin is trading at $122,500.
Featured image from Unsplash, chart from TradingView
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

source

Posted on Leave a comment

Florida RaceTrac employee accused of stealing lottery tickets – Gulf Coast News and Weather

Crystal Green was arrested for grand theft after allegedly stealing lottery tickets from the RaceTrac where she worked.
Crystal Green was arrested for grand theft after allegedly stealing lottery tickets from the RaceTrac where she worked.
Crystal Green was arrested for grand theft after allegedly stealing lottery tickets from the RaceTrac where she worked.
Crystal Green was arrested on Thursday after deputies accused her of stealing lottery tickets from the RaceTrac she worked at off of Ben C. Pratt and Six Mile Cypress.
Brian Woldt, a Fort Myers resident, expressed his disapproval of the theft, saying, “If you’re out of money, you just can’t steal from some other people.”
Her boss noticed something was wrong during a routine lottery audit, which revealed a loss of $1,620 in tickets and $2,310 in winnings.
Deputies reported that Green took several tickets, scratched off the barcodes to check for winners, and gave the winning tickets to her boyfriend. Green was also seen bagging up tickets and walking out of the store without paying.
Woldt further remarked, “If you won a whole bunch of money, you deserve it. You paid for it. She didn’t pay for it. She needs to pay the price.”
Green was arrested for grand theft the day after.
Trending News:
DOWNLOAD the free for your latest news and alerts on breaking news, weather, sports, entertainment, and more on your phone or tablet. And check out the Very Local Gulf Coast app to stream news, entertainment and original programming on your TV.
Hearst Television participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites.

source

Posted on Leave a comment

The Evolution of Stablecoins in Cryptocurrency – OneSafe

What if your money could work harder for you in ways you’ve never imagined? Look no further than the transformative potential of stablecoins, as anticipated by Patrick Collison, the forward-thinking CEO of Stripe. He asserts that these digital dynamos are not merely changing the game; they are rewriting the very rules of yield distribution within the cryptocurrency sphere. As this evolution unfolds, yield-bearing tokens are stepping into the spotlight, crucial for both big investors and everyday savers alike. Rich discussions are igniting around this shift, painting a hopeful vision for a financial ecosystem where rewards are not hoarded by the privileged few but shared across the board.
Stablecoins, particularly those anchored by solid, regulated assets, are making serious inroads into our financial systems. In a world where conventional savings accounts barely scrape together a puny 0.40% in the US and 0.25% in the EU, it’s clear that the age of lackluster returns is nearing its end. The rise of stablecoins is propelling banks and financial institutions into a corner, compelling them to recalibrate their offerings or risk losing clientele to more attractive alternatives.
Enter yield-bearing stablecoins like USDY, USDM, and OUSD, spearheaded by pioneers such as Ondo Finance. These innovations could democratize access to investment opportunities, compelling companies to reassess their treasury management and liquidity tactics. What’s more significant is not just a shift in financial instruments, but a paradigm shift in how we conceive of finance itself.
The influx of institutional capital into yield-bearing stablecoins marks a watershed moment in the cryptocurrency landscape. These cutting-edge financial tools are capturing the notice of corporations eager to explore their profitability. Stripe’s launch of the Open Issuance platform is a striking example, slashing through barriers and making it effortless for businesses to conjure and oversee stablecoins with just a few clicks. This evolution hints at a broader trend: the blending of traditional finance with blockchain’s revolutionary potential.
Yet, with great opportunity comes substantial hurdles. Companies venturing into this unfamiliar terrain must grapple with regulatory unpredictability—an ever-present shadow that could influence their developmental frameworks. Adhering to evolving regulations is not merely advisable; it is imperative for firms hoping to thrive in this brave new world of shared yield.
The recent passage of the GENIUS bill underscores the delicate balance that stablecoins must maintain within the regulatory arena. While this legislation aspires to bring clarity and support to the burgeoning stablecoin market, it introduces restrictions that may limit yield-sharing prospects. Certain mandates could prevent stablecoin platforms from offering interest on deposits, stifling competition against traditional banking models that have long dominated the landscape.
The pushback from established financial institutions reveals a profound anxiety about the disruptive potential yield-bearing stablecoins pose to time-honored banking methods. This ongoing discourse about regulation and compliance will undoubtedly leave an indelible mark on the future of stablecoins and the larger financial ecosystem.
At the core of this transformation lies the Ethereum network, offering the foundational technology for an array of groundbreaking financial products. Solutions built on Ethereum facilitate secure and efficient transactions, laying the groundwork for a reimagined capital allocation strategy within the cryptocurrency realm. As diverse protocols strive to deliver on-chain compliant frameworks, the prospects for enhanced liquidity management and global payment systems become increasingly promising.
For startups in the Web3 sphere and decentralized organizations, the rise of yield-bearing stablecoins represents a thrilling frontier. The chance to access institutional-grade yields could entirely reframe treasury strategies, luring even more participants into the fast-growing universe of tokenized real-world assets.
The ascent of yield-bearing stablecoins heralds a seismic shift in the cryptocurrency domain, guided by Patrick Collison’s perceptive foresight. As more institutions embrace these revolutionary financial instruments, we can anticipate widespread repercussions that will challenge conventional banking norms while also prompting necessary regulatory updates. The implications for compliance, fiscal operations, and treasury oversight are profound, sketching a promising tableau of a future invigorated by digital finance.
As we peer into the horizon, the synthesis of blockchain innovation with traditional finance seems not just likely, but inevitable. With each advancement, we refine our understanding of value and yield within decentralized networks, forging a landscape brimming with possibilities for everyone involved. The opportunity is undeniable—the choice to embrace and adapt to this unfolding reality lies with us all.

Get started with Crypto effortlessly. OneSafe brings together your crypto and banking needs in one simple, powerful platform.
Stablecoins are transforming payroll systems, offering inflation protection and enhancing employee satisfaction through innovative compensation strategies.
Dogecoin is poised for a significant rally in 2025, driven by market trends, technical indicators, and community sentiment. Discover what to expect!
Explore the transformative impact of stablecoins on the cryptocurrency market with insights on yield distribution, institutional investments, and Ethereum's pivotal role.
Begin your journey with OneSafe today. Quick, effortless, and secure, our streamlined process ensures your account is set up and ready to go, hassle-free

source

Posted on Leave a comment

Prelim Results | UFC 320: Ankalaev vs Pereira 2 – UFC.com

UFC returns to Las Vegas on October 4 with two massive title fights!
In the main event, light heavyweight champion Magomed Ankalaev defends his title for the first time in a rematch with UFC superstar and former two-division champion Alex Pereira. In the co-main event, bantamweight champion Merab Dvalishvili aims for his third successful title defense of 2025 when he battles No. 4 ranked contender Cory Sandhagen.
UFC 320: Ankalaev vs Pereira 2 takes place live from T-Mobile Arena in Las Vegas, Nevada on October 4, 2025. Early prelims start at 6pm ET/3pm PT, followed by the prelims at 8pm ET/5pm ET and the main card live on PPV at 10pm ET/7pm PT. Main and co-main events scheduled for five rounds. All other bouts scheduled for three rounds.
How To Watch And Stream UFC 320: Ankalaev vs Pereira 2
(This page will be updated live throughout the event with official results, recaps of every fight and our exclusive interviews with tonight’s big winners.)
Farid Basharat looked great for the first 10 minutes of his clash with Chris Gutierrez, then did well to navigate the veteran’s aggression in the third to ensure he left Las Vegas with his fifth consecutive UFC victory.
The undefeated Dana White’s Contender Series graduate was crisp from the outset, using the first round to showcase both his striking and grappling before keeping things standing and hurting Gutierrez in the second. The veteran came out far more aggressive in the third, taking the fight to Basharat out of the chute and landing the better shots for most of the round.
All three judges scored it the same, awarding Basharat scores of 29-28 across the board to lift his record to 14-0 overall. This was a strong showing after nearly a year on the sidelines for the 28-year-old Afghani bantamweight against an experienced and game opponent.
Main Card Results | Scorecards | Order PPV
Make it three straight for Ramiz Brahimaj!
After getting controlled on the canvas in the back half of the first round Austin Vanderford, Brahimaj came out more aggressive in the second, hurting the UFC sophomore with a head kick. While Vanderford looked to wrestle and stay safe, Brahimaj scrambled well and eventually found a way to lock onto a 10-finger guillotine choke that forced Vanderford to tap.
Brahimaj is on a roll right now, earning three straight wins, finishing each time to maintain his 100 percent finishing rate. That’s another outstanding win for the Valle Flow Striking representative, who moved to 5-3 inside the Octagon with the win and 13-5 overall.
Main Card Results | Scorecards | Order PPV
Veronica Hardy turned in the best performance of her UFC career to open UFC 320, taking the fight to the returning Brogan Walker and registering a unanimous decision victory.
Hardy dominated the action on the feet for most of the fight, showcasing the diversity of her striking arsenal while flashing some grappling skills as well, including chasing a belly-down armbar at the close of the first. Walker had a modicum of success in the waning moments of the second, she couldn’t really build on it, only getting Hardy to the canvas in the final 90 seconds of the fight, where she was stymied in her quest to find a submission.
All three judges scored the fight for Hardy, who got back into the win column after suffering a decision loss last time out. She’s now 4-1 in her five appearances since returning to the fold in early 2023, showing she’s a still developing threat in the flyweight ranks.
Main Card Results | Scorecards | Order PPV
Main Card Results | Scorecards | Order PPV
Main Card Results | Scorecards | Order PPV
Main Card Results | Scorecards | Order PPV
Main Card Results | Scorecards | Order PPV
Main Card Results | Scorecards | Order PPV
Main Card Results | Scorecards | Order PPV
Don’t miss a moment of UFC 320: Ankalaev vs Pereira 2, live from T-Mobile Arena in Las Vegas, Nevada on October 4, 2025. Prelims start at 8pm ET/5pm PT, followed by the main card live on PPV at 10pm ET/7pm PT.
See The Fight Results, Watch Post-Fight Interviews With The Main Card Winners And More From UFC 320: Ankalaev vs Pere

source

Posted on Leave a comment

Pi Coin Price Bounce Might Be a Bull Trap To New Lows – beincrypto.com

Written by
Ananda Banerjee
Edited by
Harsh Notariya
Pi Coin (PI) is showing some life after a tough stretch. At the time of writing, the Pi Coin price sits near $0.36, up almost 3% in the past 24 hours and about 4% over the past week. The move might look encouraging for traders hoping the token has turned a corner.
But caution is warranted. A closer look at the charts suggests the price surge may not be what it seems. If current signals play out, this bounce could become a trapdoor to a new all-time low at $0.31.
The first clue comes from the Money Flow Index (MFI), which tracks both price and trading volumes to show buying or selling pressure. MFI has risen sharply alongside this bounce, pointing to active dip-buying. On the surface, this looks healthy — it suggests traders are stepping in.
But the Chaikin Money Flow (CMF) tells another story by curling down and staying in the deep negative territory. CMF measures whether money is flowing into or out of the asset. Right now, CMF sits at -0.11, showing there are no meaningful inflows from bigger players but outflows.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
That means the recent Pi Coin price uptick is retail-driven, without the backing of larger money. This mismatch between MFI and CMF often signals weakness.
Zooming out, the daily RSI (Relative Strength Index) makes things even clearer.
RSI compares the size of recent gains to recent losses. In this case, the Pi Coin price has made lower highs, but RSI has made higher highs. That’s a hidden bearish divergence, which typically points to continuing downtrends. Put together, the MFI-CMF split and RSI divergence confirm that the bounce may be nothing more than a trap.
The 4-hour chart provides the final piece of the puzzle. The Pi Coin price appears to have formed a head-and-shoulders pattern, a classic bearish setup. The right shoulder peak seems complete now with the bounce, with the neckline sitting around $0.33. If price breaks below that neckline, the measured target points to a drop toward $0.31 — a new all-time low.
That’s why this bounce looks risky. While retail traders are fueling the short-term rise, broader indicators and chart structures are pointing down.
There is one way to invalidate this bearish setup: Pi Coin must reclaim $0.37 with a strong 4-hour close. That would break above the head area of the bearish pattern, restoring momentum for the bulls. Until that happens, the bounce is better seen as a trapdoor that could send the PI price lower.
Daily Crypto Insights
Insights, news and analysis of the crypto market straight to your inbox
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

source