
Pi Network (PI) News Today: December 2nd CryptoPotato
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Pi Network (PI) News Today: December 2nd CryptoPotato
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Theories for its slide include hesitation around interest rates and crypto as a proxy for presidential power.
Bitcoin’s selloff in recent weeks caught the market off guard.
Bitcoin’s almost 30% drop in recent weeks has been hard to ignore. It’s also difficult to explain. Today Christopher Beam writes about some of the theories. Plus: The video game studio Yacht Club is facing an existential struggle.
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Stock Market Today: Nasdaq, Dow Gain; Bitcoin Price Rebounds — Live Updates The Wall Street Journal
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Bitcoin (BTC-USD) has entered December under intense pressure, sliding as low as $84,930 before rebounding modestly near $86,700. The downturn followed a liquidity exploit in Yearn Finance’s yETH pool, where an attacker created fraudulent tokens and flooded the market, triggering a sudden liquidity shock. That breach erased billions in DeFi confidence and ignited a broad wave of crypto selling, with over $19 billion in leveraged positions liquidated in two days. The world’s largest cryptocurrency is now down over 32% from its October peak of $125,000, signaling that market sentiment has decisively shifted from greed to fear as traders retreat from leveraged exposure.
Institutional reactions have added complexity to Bitcoin’s trajectory. Strategy Inc. (MSTR), the dominant corporate holder, reinforced its balance sheet by creating a $1.44 billion reserve to back future dividend payouts, funded by recent equity sales. The company simultaneously bought 130 BTC at $89,860 each, raising its total holdings to 650,000 BTC worth $48.38 billion, with an average cost basis near $74,436. However, Strategy revised its year-end projection downward, expecting results between a $5.5 billion loss and a $6.3 billion profit, based on a trading range of $85,000 to $110,000. The mixed signals—fresh accumulation but cautious guidance—mirror the institutional divide: conviction remains long-term, but short-term caution prevails as the market searches for a floor.
The Fear & Greed Index now reads 23, deep in Extreme Fear territory, marking the lowest sentiment since April. Retail investors have largely vanished from the “buy-the-dip” narrative that once stabilized declines. On-chain flow data confirms dwindling retail participation, with Bitcoin-linked ETF and fund inflows dropping sharply through late November. Meanwhile, derivative traders are facing widespread margin calls, amplifying the forced liquidation cycle. Institutional capital appears to be shifting toward more liquid assets—specifically mega-cap equities such as NVIDIA (NVDA $181) and Microsoft (MSFT $486)—diverting momentum away from crypto and toward traditional risk assets.
The macro landscape has turned into a volatile balancing act. Traders are pricing an 87% probability of a 25-basis-point Federal Reserve rate cut on December 10, a sharp jump from 40% just one week earlier. Expectations of policy easing typically support risk assets, yet global liquidity has been constrained by the Bank of Japan’s surprise tightening stance, which drove yen yields to multi-year highs and disrupted the carry-trade pipeline that once fed speculative markets like crypto. The U.S. Dollar Index remains firm around 99.41, limiting Bitcoin’s rebound potential. Wall Street benchmarks show the divergence clearly: the S&P 500 trades near 6,843 (+0.34%), the Nasdaq 100 at 25,500 (-0.36%), and the Dow Jones at 47,289 (-0.90%). The correlation between tech equities and Bitcoin remains strong, but BTC’s reaction has been far more severe, reflecting its sensitivity to liquidity cycles.
Bitcoin’s technical chart has entered a critical stage. The asset now trades beneath every major moving average, with the 20-day EMA at $91,640, the 50-day at $98,755, and the 200-day at $105,364—all stacked above current price. This alignment confirms a mature downtrend reinforced by a Death Cross, where the 50-day moving average has crossed below the 200-day. The Relative Strength Index sits near 35, showing persistent weakness but not full capitulation. The MACD line at -3,790 remains below zero but is beginning to flatten against its signal line at -4,297, while a positive histogram near +507 suggests easing selling momentum. Price action hovers between the lower Bollinger Band around $82,788 and the mid-band near $90,357, signaling a compression phase that often precedes volatile breakouts.
Market analysts remain split on near-term direction. Michaël van de Poppe warns that losing $83,400 could drag Bitcoin toward $81,000, while Daan Crypto Trades highlights that the latest bounce formed a potential higher low near $84,000, a structure that could stabilize the market. Veteran trader Peter Brandt cautions that Bitcoin’s parabolic structure has broken—echoing prior cycles that led to 75% corrections, implying potential lows near $70,000–$74,000. On the opposite end, Tom Lee of Fundstrat argues that the current pullback is a consolidation phase within a macro bull market, projecting a return above $126,000 in early 2026.
Bitcoin’s market dominance around 57% reveals that, despite turmoil, capital is concentrating back into BTC rather than rotating into speculative altcoins. However, ETF inflows have slowed dramatically following the Yearn Finance breach, as institutional investors monitor counterparty risk and DeFi contagion. Analysts note that liquidity in derivatives has thinned, increasing volatility and widening bid-ask spreads. The market’s total capitalization remains above $3 trillion, but traders describe a “two-speed market” where Bitcoin absorbs defensive inflows while the broader crypto complex contracts.
Technical structure and sentiment indicate that Bitcoin may face one more flush before a sustainable rally. The $83,000–$81,000 range acts as a critical support corridor; breaking below would likely accelerate liquidation toward $74,000, where institutional bids are concentrated. Analysts see that level as the “maximum pain” zone that would clear weak hands and trigger a re-accumulation cycle. Long-term projections remain bullish once the reset is complete, with targets to reclaim the all-time high of $126,000 and potentially reach $130,000 by Q1 2026. Macro tailwinds—specifically a Fed pivot and renewed ETF inflows—could catalyze that recovery.
Adding a speculative layer, Saxo Bank’s 2026 “outrageous prediction” warns of a “Q-Day” event in which quantum computing breakthroughs compromise cryptographic security, sending Bitcoin toward zero as confidence collapses and capital flees to gold—projected to surge toward $10,000 per ounce. While the probability remains remote, it highlights structural vulnerabilities in digital storage and the need for encryption upgrades across the financial system. For now, markets treat this scenario as a tail risk, but it underscores the fragility of digital trust in times of volatility.
After a 6.6% daily drop and a 16% November slide, Bitcoin’s technical bias remains bearish, but the structure hints at nearing exhaustion. As of December 2, BTC trades around $86,800, consolidating between support at $83,000 and resistance near $91,800. With institutional accumulation zones identified below $80,000 and retail capitulation largely complete, the risk-to-reward begins to tilt toward accumulation for long-term holders. However, for tactical traders, rallies should be treated as opportunities to reduce exposure until Bitcoin reclaims the $90,000–$92,000 zone. The bias remains short-term bearish, medium-term neutral, and long-term bullish, contingent on the defense of the $81,000–$83,000 band and stabilization of global liquidity conditions.
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Crypto Reporter
Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
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Solana-based meme coins have lost serious momentum over the past week, with market data showing a dramatic collapse in trading activity, the lowest in nearly two years. Liquidity is thinning, volatility is down, and retail speculation appears to be cooling. Even long term traders who normally thrive on Solana meme coin turbulence are stepping back after weeks of unconvincing price action.
A slowdown in momentum doesn’t automatically mean the narrative is dead. It often marks a transition point where traders rotate capital toward higher-reward opportunities. Throughout November, the speculative side of crypto has become more selective, favouring meme-styled projects that offer real interactive mechanics rather than purely hype-driven momentum. That shift explains why attention is now tilting heavily toward Pepenode, which combines meme-token energy with a full gamified mining ecosystem.
The investment flow is changing because behavior is changing. Retail traders don’t just want a token; they want something to do with it. A model that blends staking, competitive mining and rewards gives users engagement beyond price watching. This is the core advantage pushing Pepenode up the watchlists while Solana meme coins are entering a low-volume phase. In times of compression, the market rewards innovation — and Pepenode’s mining-game economy is exactly the type of innovation traders look for when speculation slows elsewhere.
Pepenode isn’t positioning itself as just another meme coin. The project takes the humor and culture of meme tokens and layers it on top of a mining themed rewards system that behaves like a competition. Users stake their tokens to mine rewards based on performance, time commitment and mining upgrades. Instead of passively waiting for appreciation, holders participate in an interactive economy where mining output becomes the main metric of progress.
Staking rewards play a major role in the model. With rates reaching 578%, the design encourages long term holding and recurring participation in the competition loop. This token sink dynamic (i.e.staked supply locked to mine rewards) is one of the reasons interest is accumulating even while other meme assets stagnate. The growth potential becomes more visible when compared with the current token price of $0.0011731, which gives early users asymmetric exposure if platform adoption scales.
Raised presale capital above $2.2M gives the project runway to develop deeper game mechanics and sustain community expansion, which helps reduce the volatility associated with typical meme coin cycles. The roadmap includes additional mining environments, player leaderboards and exclusive reward pools for early contributors, features that tighten community loyalty and create recurrent demand.
With Solana meme coin markets entering their quietest period in almost two years, traders are actively scanning for fresh narratives. Pepenode gives them novelty without abandoning the meme culture identity the space loves.
Explore Pepenode now.
The presale momentum reflects the wider investor mood. Capital is rotating away from stagnating meme markets into projects that provide deeper engagement loops. The Pepenode presale captures this shift because rewards are not speculative promises, as they are tied to actual platform participation. Users stake to mine, upgrade their setups and compete, turning holding into an activity rather than a waiting game.
Presale economics reinforce sustainability. As tokens are purchased, more participants are incentivized to stake them rather than circulate them, supporting price resilience while new features roll out. A game economy that rewards retention, not liquidation, sets Pepenode apart from the patterns that are now derailing Solana meme coins.
Forecasts surrounding Pepenode’s upside reflect the appeal of its ecosystem over its meme label. With a low entry price and high user engagement utility, it caters to users frustrated by passive meme projects that peak only when hype is at maximum. This model makes Pepenode one of the most closely watched presales as traders hunt for the next community driven token with real activity behind it.
As Solana meme coin volume sinks, the competitive mining narrative is becoming the next frontier for meme style speculation.
Join the Pepenode presale today.
The Pepenode narrative focuses on utility and user engagement rather than hype, helping it stand out in the current market rotation.
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.
Filed Under: Press Releases

Things are about to get interesting in the crypto world, especially with the HYPE token at a crossroads. Market sentiment is shifting, volatility is ramping up, and having the right info is crucial for anyone in this space. So, let’s break down where we stand with HYPE, the technical indicators that are shaping its future, and how to manage the risks that come with it.
Right now, HYPE is trading at $34.81, playing around just below the 50-day Simple Moving Average (SMA) at $39.73 and right against the 200-day SMA at $36.32. That’s a classic spot of indecision before a big move. Sentiment is decidedly bearish, the Fear & Greed Index is sitting at 22, showing stress among traders, even after a decent run of green days this month. And the asset’s high 10.71% volatility doesn’t help. Expect some turbulence as the market recalibrates after recent breakdowns.
Analyst Ali Martinez has pointed out a clear head-and-shoulders pattern. You’ve got the left shoulder forming back in early July, the head peaking in September above $55, and the right shoulder forming in October. The neckline is just below the $37 zone, which HYPE has already broken. A bearish retest usually means sellers are going to take back control. Projections suggest a move down towards the $25 region, right where major support is.
The recent bounce isn’t showing strength of reversal but more like a liquidity retest. If HYPE can’t convincingly recover above the neckline, sellers will likely take control, pushing the market down to thicker support bands around $29, $26, and $25.
On shorter timeframes, TradingView’s chart reflects a broader weakness. The last few days have seen repeated failed attempts to stay above the mid-$35 range, followed by lower highs that fit the bearish narrative. The Relative Strength Index (RSI) at 47.34 is neutral. But its failure to break into bullish territory suggests this upward move is more of a correction, not a trend-shift.
Given the current market, crypto startups better have a solid risk management strategy to handle this volatility. Here are some strategies that can help:
You might want to add stop-loss orders to limit your exposure, while take-profit orders can help secure gains. And, of course, a crypto payroll system could give flexibility in how employees get paid, letting them receive salaries in stablecoins to ease volatility.
Crypto payroll is becoming more and more relevant, especially as companies see the benefits of paying their employees in cryptocurrencies. This is appealing to tech-savvy workers who want the flexibility and potential financial perks of getting part of their salary in digital assets.
Several platforms are popping up to help with crypto payroll, especially those that support stablecoin payments. Companies can use these tools to streamline payroll while also attracting talent interested in cryptocurrency.
The HYPE token’s current state shows just how important it is to stay on top of market trends and have a solid risk management plan. As the crypto landscape changes, crypto payroll systems could be the way forward, making businesses more appealing to talent and enhancing their brand. Staying informed and adaptable can help crypto startups ride out the volatility and seize new opportunities ahead.
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Colle AI, the multichain AI-driven NFT creation platform, unveiled its new Logic-Free Creator Assembly system, an adaptive composition engine designed to eliminate the need for manual workflow construction when generating blockchain-ready digital assets. The system introduces a next-generation assembly layer that automatically interprets creator intent and instantly forms complete asset structures—allowing users to move from idea to ready-to-publish output in seconds. This breakthrough further strengthens Colle AI’s position as a leader in ultra-fast, AI-powered creative infrastructure built for multichain environments.
The Logic-Free Creator Assembly system works by analyzing prompts, stylistic directives, object relationships, and visual context without requiring creators to design multi-step processes or configure assembly logic. Instead, Colle AI’s intelligence orchestrates every stage of asset construction—from foundational structure to visual alignment, metadata preparation, and cross-chain formatting—entirely in the background. This advancement removes friction for artists, brands, and developers who rely on fast iteration cycles, enabling them to bypass complex tools and focus solely on creative direction while the platform handles structural decisions automatically.
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Integrated with Colle AI’s existing multichain pipelines, the new logic-free layer ensures each asset is instantly compatible with the technical requirements of chains such as Ethereum, Solana, Bitcoin, BNB Chain, and the XRP Ledger. The system dynamically adapts composition outputs to meet chain-specific metadata and formatting standards, ensuring assets produced without logic assembly remain robust, consistent, and ready for deployment. “Logic-Free Creator Assembly represents a major shift in how creators engage with AI and NFT production,” said J. King Kasr, Chief Scientist at KaJ Labs. “By removing workflow construction entirely, Colle AI gives users the most direct path from imagination to multichain deployment.”
As Colle AI continues to evolve its intelligent creative infrastructure, the introduction of this assembly layer supports its broader mission of delivering adaptive, high-speed AI systems that transform how artists and innovators build across Web3. The Logic-Free Creator Assembly system lays the groundwork for future enhancements in generative design, modular automation, and real-time multichain publishing—bringing the platform closer to its vision of frictionless, intelligence-driven digital creation.
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