Connect with us

Crypto World

Gold Holds Below $5,000 as Volatility Remains High, Exchange Operator CME Hikes Margins

Published

on

Stocks Little Changed After Fed Decision

Gold prices remained below $5,000 as volatility remains high following last week’s historic rout, with exchange operator CME Group raising margin requirements for precious metals once again.

Futures in New York ticked 0.1% higher at $4,891.10 a troy ounce and are headed for a weekly gain of 3%. Meanwhile, silver fell 4.1% to $73.56 an ounce, on track for a weekly decline of more than 6%.

“Until volatility subsides and price discovery improves, gold, and especially silver is likely to trade violently in both directions,” said Ole Hansen from Saxo Bank.

Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto World

One Analyst Calls XRP Extremely Oversold, Another Plans to Short It

Published

on

XRP Weekly RSI. Source: ERGAG Crypto on X


The bearish analyst outlined at which price levels he wants to short XRP.

The weekly RSI levels for XRP have declined to their most oversold territory since at least 2022, said popular market commentator EGRAG CRYPTO, adding that this might be a proper entry zone.

While their chart reviews the broader XRP picture, another analyst weighed in on the asset’s daily gains today, noting that he wants to short it only after it reaches a certain level.

Advertisement

Most Oversold in History?

Known for his detailed and mostly bullish analysis on several large cryptocurrencies, but with the main focus on XRP, EGRAR’s latest chart on the cross-border token indicated that the asset is “entering the most oversold region” in its history right now.

They explained that when XRP has plunged to such RSI levels, it has historically bottomed, as was the case in 2014, 2015, 2018, 2020, and 2022. This means that the token has not seen such oversold numbers in four years.

However, EGRAR disclosed that although XRP has indeed reached a macro bottom at similar levels, it does not mean that “the exact bottom prints immediately,” but it’s entering its final phase, which looks like this:

  • Final liquidity sweep
  • Sideways accumulation
  • Gradual reversal

“This is why many experienced investors start accumulating in this region instead of trying to perfectly time the bottom,” they added before asking: “When XRP weekly RSI is in the most oversold zone in its entire history… is this the worst time to buy? Or, one of the best times to start accumulating?”

XRP Weekly RSI. Source: ERGAG Crypto on X
XRP Weekly RSI. Source: EGRAG Crypto on X

Or, Maybe Short XRP?

While EGRAG’s analysis focuses on XRP’s macro picture, Crypto Tony weighed in on the asset’s most recent price performance and whether he sees a potential for a trend reversal in the short-term. The token dumped to $1.21 last week, rebounded to $1.55, where it was rejected, and has remained within a tighter range between $1.34 and $1.48 since then.

It jumped to $1.42 earlier today, and Crypto Tony saw an upcoming opportunity to short the upper boundary of this range at $1.47-$1.48. However, XRP was rejected for now and remains around $1.40 as of press time, which is a level that the bulls “need to flip into support,” and they haven’t done it decisively yet.

Advertisement

You may also like:

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Advertisement

Source link

Advertisement
Continue Reading

Crypto World

Starknet Introduces Privacy Framework for ERC-20 Tokens

Published

on

Starknet Introduces Privacy Framework for ERC-20 Tokens

Starknet has launched the STRK20 token standard, aimed at integrating privacy features into ERC-20 tokens on its platform. This development emphasizes the growing trend of privacy in blockchain transactions.

Starknet has unveiled the STRK20 token framework, a new initiative designed to enhance the privacy of Ethereum’s ERC-20 tokens on its platform. According to a blog post from the Layer 2 today, March 10, this development addresses ongoing privacy concerns for token issuers, users, and regulators.

The new framework makes it possible for any ERC-20 token on Starknet to have native privacy, with transactions backed by zero-knowledge proofs.

The mechanism works by letting users transact within the Starknet Privacy Pool, by depositing ERC-20 tokens to the pool, transacting within it, and then withdrawing at any time. Starknet said in the blog post that it’s launching the framework today with both swaps and staking available via Ekubo.

Advertisement

“Privacy on its own is not enough. For it to matter, it has to work where finance actually happens: in swaps, in staking, in the protocols that make DeFi run,” Starknet’s post reads.

As a Layer 2 scaling solution for Ethereum, Starknet utilizes zk-rollups to improve scalability and reduce transaction costs. The introduction of STRK20 aligns with the broader industry trend of incorporating privacy features into blockchain transactions.

This article was generated with the assistance of AI workflows.

Source link

Advertisement
Continue Reading

Crypto World

Will Chainlink price reclaim $10 amid volatility squeeze?

Published

on

Chainlink price enters a volatility squeeze  —  can bulls flip $10 resistance into support? - 1

Chainlink price is tightening near $9 as volatility drops, with traders watching whether bulls can push LINK above the key $10 resistance level.

Summary

  • Chainlink is trading at $8.94, moving within a tight weekly range between $8.52 and $9.55.
  • Derivatives data shows futures volume falling while open interest holds steady, suggesting traders are keeping positions open during the consolidation.
  • Technical indicators point to a volatility squeeze, with the $10 level acting as the key breakout zone.

At press time, Chainlink (LINK) was priced at $8.94, up 1.2% in the past 24 hours. Over the past week, the token moved between $8.52 and $9.55 as price action settled after the steep drop earlier this year.

Chainlink is still down about 42% over the past year, though the latest rebound has helped narrow the monthly decline to around 0.8%.

Advertisement

Trading activity eased during the recent sideways move. Daily volume came in at $494 million, a 7% drop from the previous session. Lower volume often appears when the market pauses and traders wait for the next clear move.

CoinGlass data shows only small changes in derivatives markets. Futures volume slipped, while open interest edged up 0.07% to $369.57 million. When price moves sideways and open interest barely changes, it usually means many traders are holding their positions instead of opening new ones.

Network growth continues in 2026

In early 2026, Chainlink has strengthened its place in the blockchain infrastructure market. A March 2 partnership set up a $5 billion cbBTC bridge to the Monad network, connecting the two systems. Another deal with Abu Dhabi’s ADI Foundation will explore tokenization projects in the Middle East.

Chainlink’s Cross-Chain Interoperability Protocol already links more than 75 blockchains, and more connections are being added to move data and assets between them.

Advertisement

Projects such as Injective EVM, Monad, and Perennial have adopted the system, while 11 additional chains, including ADI Chain, Arc, and Base, were recently added.

Traditional finance firms are also experimenting with Chainlink’s infrastructure. Institutions including SWIFT, UBS, and the Bank of England have worked with the network on tokenization pilots tied to the Canton Network, which targets as much as $8 trillion in real-world assets.

Chainlink currently controls about 64% of the oracle market, with over $41 billion in total value secured. The network has secured more than $100 billion in assets and processed roughly $27.3 trillion in total value executed by late 2025.

Advertisement

Institutional interest has increased as well. Even during more periods of outflows in the cryptocurrency market, Grayscale’s LINK ETF,  launched in December 2025,  reported consistent weekly inflows.

Chainlink has earned SOC 2 and ISO 27001 certifications, which are often required by institutional partners. To make the token more useful, the network is running a $644 million buyback program and working with S&P Global to evaluate stablecoins on-chain.

Chainlink price technical analysis

Chainlink is entering a period of low volatility, known as a volatility squeeze, when price movement tightens before a bigger move. The Bollinger Bands are narrowing, showing that volatility is decreasing.

LINK is trading near the middle band, indicating short-term momentum is neutral.

Advertisement
Chainlink price enters a volatility squeeze  —  can bulls flip $10 resistance into support? - 1
Chainlink daily chart. Credit: crypto.news

Traders are focusing on $10, which has acted as resistance in recent attempts to move higher. A daily close above $10 could signal a breakout, potentially turning this level into support and opening the way toward $11 to $12.

On the downside, $8.8 to $9.0 is the main support zone. If the price falls below $8.8, the $8.2 to $8.0 range may be tested.

Momentum indicators suggest the market is stabilizing. The relative strength index is around 45–50, meaning selling pressure has eased, but buyers have not yet gained control.

If LINK moves above $10, targets could include $10.8, $11.5, and $12. If it fails to break $10, the token may remain in its current range.

Advertisement

Source link

Continue Reading

Crypto World

Nvidia (NVDA) Stock Secures Strategic Partnership With Mira Murati’s Thinking Machines

Published

on

Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs

Key Highlights

  • Nvidia has injected capital into Thinking Machines Lab, the artificial intelligence venture led by ex-OpenAI CTO Mira Murati (investment amount undisclosed)
  • A strategic multi-year collaboration between the companies was revealed on Tuesday
  • Thinking Machines plans to implement a minimum of one gigawatt worth of Nvidia’s Vera Rubin infrastructure
  • The rollout is scheduled to begin in early next year
  • Following a $2B capital raise in July 2025, Thinking Machines achieved a $10B valuation

Nvidia has taken an equity position in Thinking Machines Lab while establishing a comprehensive multi-year strategic alliance with the AI company. The partnership details emerged Tuesday morning.

Neither organization revealed the precise dollar amount of Nvidia’s equity stake.

Under the terms of this collaboration, Thinking Machines will integrate a minimum of one gigawatt of Nvidia’s cutting-edge Vera Rubin infrastructure. This computing power will fuel the company’s advanced model development efforts and platform operations.

Advertisement

According to Thinking Machines, the Vera Rubin systems are slated to go live early in the coming year.

Mira Murati established Thinking Machines Lab after her tenure as Chief Technology Officer at OpenAI. The company’s mission centers on delivering scalable, customizable artificial intelligence solutions for corporate clients, academic institutions, and scientific organizations.

In a prepared statement, Jensen Huang, who founded and leads Nvidia as CEO, commented: “Thinking Machines has assembled an exceptional team dedicated to pushing AI boundaries forward. We’re excited to collaborate with Thinking Machines as they pursue their compelling vision for AI’s evolution.”

Murati offered this response: “NVIDIA’s innovations form the bedrock of our entire industry. This collaboration enhances our ability to develop AI systems that users can customize and truly own.”

A $10 Billion Valuation

This partnership doesn’t mark Nvidia’s initial engagement with Thinking Machines. The chipmaker participated in the startup’s $2B financing round during July 2025, which established the company’s valuation at $10B.

Advertisement

Andreessen Horowitz (a16z) spearheaded that funding round, with additional backing from Nvidia, AMD, ServiceNow, and Cisco Systems.

Tuesday’s disclosure elevates the connection beyond simple investment to a comprehensive strategic partnership framework.

The agreement encompasses collaborative development of training and inference infrastructure optimized explicitly for Nvidia’s chip architectures.

Vera Rubin Takes Center Stage

Nvidia’s Vera Rubin platform represents the company’s latest-generation GPU infrastructure, and this agreement positions a gigawatt-scale implementation as a cornerstone element.

Advertisement

A gigawatt represents significant energy allocation — highlighting the massive scale required for cutting-edge AI model development today.

According to Thinking Machines, the Vera Rubin computing infrastructure will serve as the backbone for developing AI systems that users can tailor and engage with hands-on.

The collaboration aims to broaden accessibility to advanced AI capabilities and open-source models throughout enterprise and academic environments.

Nvidia maintains investment positions across numerous AI ventures and continues strengthening industry relationships through semiconductor supply contracts combined with ownership stakes.

Advertisement

The Thinking Machines agreement represents another addition to this portfolio, distinguished by its gigawatt-level hardware deployment obligation.

Source link

Advertisement
Continue Reading

Crypto World

Trust Wallet Adds Real-Time Scam Address Checks for Crypto Users

Published

on

Crypto Breaking News

Trust Wallet has rolled out a proactive defense against address poisoning, introducing an automated screening feature that checks destination addresses against a live database of known scam and lookalike wallets. The noncustodial wallet provider said the protection will run in the background as users initiate transfers, aiming to thwart attempts to misdirect funds to illicit addresses. The rollout covers 32 Ethereum Virtual Machine-compatible chains at launch, including Ethereum, BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche and Base, with the team signaling plans to expand over time. The move comes as the ecosystem contends with increasingly sophisticated phishing attempts that rely on users copying and pasting addresses from their transaction history.

Trust Wallet described address poisoning as among the crypto space’s fastest-growing threats, citing figures that place the total number of attacks at over 225 million and losses nearing $500 million to date. In address poisoning scams, perpetrators typically send a harmless, small amount to a target to establish a history, then capitalize on users who replicate addresses from their own transaction history, inadvertently sending larger sums to the attacker’s wallet. The new screening mechanism seeks to disrupt this attack chain by preventing outbound transfers to detected poison addresses before they are executed.

Beyond automated checks, the broader industry has been pushing for preemptive safeguards across wallets. Notably, several wallets already employ transaction-filtering tools designed to curb malicious transfers—for instance, Rabby Wallet, Zengo Wallet and Phantom Wallet have each introduced similar layers of screening to reduce exposure to scam addresses. The emphasis on preventative controls mirrors growing calls for a more defensive stance from the wallet ecosystem, especially as attackers increasingly rely on social engineering and lookalikes that mimic legitimate counterparts.

The topic has taken on renewed urgency in light of high-profile incident data. In December 2025, a single USDt (USDT) transfer tied to a poisoning scheme underscored the potential scale of losses, prompting calls from industry figures for more robust wallet-level defenses. Analysts and security researchers have long argued that users should not copy addresses from transaction histories, a practice that continues to contribute to successful exploits. Security firm Hacken has highlighted the importance of circumventing copy-paste habits as part of a multi-layered defense strategy.

Advertisement

Security researchers have pointed to the conflicts between convenience and protection in wallet design. The push for stricter verification aligns with expectations that wallets should act as the first line of defense—filtering out poison addresses and preventing users from inadvertently participating in scams. Some commentators have called for wallets to proactively block any receiving address that appears on a known poison list, a stance that aligns with broader calls for universal adoption of blockchain-querying checks at the point of interaction.

In parallel, discussions around address poisoning—both the technical mechanisms and the user-behavior patterns it exploits—continue to evolve. The episode underlines why exchanges, wallets and service providers alike must invest in robust address-checking capabilities, while users remain urged to verify recipient addresses through independent channels and avoid relying solely on transaction histories when copying addresses from trusted sources. As the ecosystem expands, the balance between user experience and security will remain a focal point for developers and regulators alike.

Why it matters

The introduction of address-poisoning protection marks a meaningful step in reducing on-chain losses and encouraging safer transaction practices across major EVM networks. For users, the feature represents a real-time safety net that can prevent inadvertent transfers to illicit wallets if a recipient address matches a known scam pattern or closely resembles a legitimate one. For builders and wallet providers, it sets a benchmark for proactive risk management and cross-wallet collaboration on threat intelligence, potentially reducing the volume of successful attacks that rely on social engineering and address lookalikes.

From a market perspective, the development reinforces the idea that security enhancements are increasingly becoming a differentiator among wallet ecosystems. As hackers refine their techniques, the emphasis shifts from purely cosmetic features to verifiable protections that can be audited and verified by users and independent researchers. The industry’s collective response—combining automated screening, user education and responsible disclosure—could contribute to a more resilient infrastructure over time, even as the crypto landscape remains sensitive to regulatory signals and macro risk sentiment.

Advertisement

For investors and users, this shift underscores the importance of risk management in wallet selection and usage. While no single protection can eliminate all threats, multi-layered defenses—complemented by best practices such as avoiding address copy-paste from transaction histories—can materially reduce exposure to address-poisoning schemes. The broader narrative is one of maturation: as wallets adopt more rigorous checks, the friction between speed and security may gradually tilt toward safer, more reliable user experiences.

What to watch next

  • Expansion of the poisoned-address database to cover additional chains beyond the initial 32 EVM-compatible networks, with a timeline for rollout on non-EVM platforms.
  • Independent audits or third-party attestations validating the accuracy and speed of the destination-address screening feature.
  • Adoption metrics across wallets that implement similar protections, including user feedback and impact on attempted phishing campaigns.
  • Updates from Trust Wallet or partner security teams regarding any zero-day findings or refinements to the poisoning-detection database.

Sources & verification

  • Trust Wallet official announcement: address poisoning protection and rollout details.
  • On-chain data and public logs illustrating address-poisoning incidents (e.g., notable large transfers cited in December 2025).
  • Binance Square commentary by Changpeng Zhao advocating universal poison-address checks across wallets.
  • Security research from Hacken’s Extractor team on best practices not to copy addresses from history.
  • Industry coverage of Rabby, Zengo, and Phantom Wallets’ transaction-filtering approaches.

Trust Wallet rolls out address poisoning protection across 32 EVM chains

Trust Wallet has introduced a proactive defense against address poisoning by adding a destination-address screening feature that checks outgoing transfers against a live database of known scam and lookalike wallets. The aim is to stop users from accidentally sending funds to illicit addresses before the transaction is confirmed. The company emphasized that the protection operates automatically, running in real time as a user initiates a transfer. The initial scope includes 32 EVM-compatible networks, with Ethereum (CRYPTO: ETH) at the forefront, along with BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche and Base. The firm noted that address-poisoning attacks have emerged as a fast-growing threat within crypto markets, and it cited figures indicating more than 225 million attacks and roughly $500 million in confirmed losses to date.

Address poisoning, a form of phishing, exploits the habit of users copying and pasting addresses from transaction histories—a behavior that can enable attackers to divert funds to malicious wallets. By cross-referencing recipient addresses with a database of poison addresses, Trust Wallet’s system can halt transactions before they leave a user’s control. This approach aligns with broader industry moves toward preemptive risk controls, particularly as scammers increasingly rely on social engineering and ambiguous address representations to mislead victims.

Industry observers point to complementary protections already available across wallets. Rabby Wallet, Zengo Wallet and Phantom Wallet have implemented early-warning systems or blacklist-based checks aimed at stopping transfers to flagged addresses. The emphasis on prevention reflects a broader trend toward user-centric security features that do not rely solely on post-incident recovery. In tandem with these protections, security researchers and users alike continue to advocate for best practices, such as avoiding direct copying of addresses from transaction histories and verifying recipients through independent channels.

The December 2025 incident involving a USDt (USDT) transfer underscored the ongoing risk, drawing attention to the need for wallet-level defenses that can catch poisoned addresses before funds move. Industry voices have stressed that wallets should not display or reproduce harmful transactions in the first place, a stance echoed by prominent figures who argue for a universal, automated filter at the point of interaction. While no solution is flawless, the convergence of automated screening, user education and cross-wallet sharing of threat-intelligence signals a maturing security posture across the crypto ecosystem.

Advertisement

As the rollout unfolds, the crypto community will be watching for how well these protections scale across networks and how quickly users adapt to new prompts or warnings when initiating transfers. The goal is a safer user experience that preserves the speed and convenience that attract new participants, while delivering meaningful guardrails against one of the space’s oldest and most persistent attack vectors. In a rapidly evolving threat landscape, Trust Wallet’s move signals a continued push toward stronger, more transparent security practices that could shape wallet design choices for years to come.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading

Crypto World

Trust Wallet adds real-time scam address checks for crypto users

Published

on

Trust Wallet adds real-time scam address checks for crypto users

Trust Wallet adds real-time scam address checks for crypto users

Trust Wallet launched address poisoning protection on 32 EVM chains, adding scam address screening as wallet security pressure intensifies.

Source link

Continue Reading

Crypto World

Anthropic is suing the U.S. government for allegedly blacklisting its AI

Published

on

Amid bitcoin drop, Elon Musk's xAI is hiring crypto specialists to train its AI models

Anthropic just picked a fight with its biggest potential customer.

The AI company behind Claude filed a lawsuit Monday in the U.S. District Court for the Northern District of California naming the Departments of Treasury, Commerce, State, Health and Human Services, Veterans Affairs, the General Services Administration, and several other federal agencies as defendants.

Anthropic says the U.S. government effectively blacklisted its AI systems from federal procurement and did it without following any of the legal procedures required to actually ban a vendor.

It says there was a lack of formal determination, interagency review, documented evidence, and no evaluation of less restrictive alternatives like conditional approval or security audits.

Advertisement

According to the complaint, officials justified the restrictions internally on national security and supply-chain grounds, then let the directive spread informally through centralized procurement channels until Anthropic was locked out of federal contracting across the board.

The timing makes this more than a procurement dispute.

The U.S. government is in the middle of the largest AI adoption push in federal history, using OpenAI’s ChatGPT as its tool of choice. Agencies are deploying generative AI for cybersecurity, intelligence analysis, administrative automation, and internal decision-making. The contracts are large, multi-year, and increasingly central to how the government operates.

Getting locked out of that market isn’t a minor commercial setback, but an existential competitive problem for any AI company that wants to be taken seriously at the institutional level.

Advertisement

Anthropic is asking the court to declare the restrictions unlawful and block agencies from enforcing them. If it wins, the ruling would reopen federal procurement and potentially set a precedent on how far agencies can go when restricting AI vendors on national security grounds without following their own rules.

The government hasn’t publicly responded to the filing, but an Axios report on Tuesday noted the White House was preparing an executive order formally instructing the federal government to rip out Anthropic’s AI from its operations, citing sources familiar with the matter.

Source link

Advertisement
Continue Reading

Crypto World

Elon Musk Confirms Early Public Access Launch of X Money Next Month

Published

on

Will Elon Musk's X Money Feature Crypto Integrations? What We Know So Far


X Money will be launching its early public access as soon as next month, Elon Musk confirmed.

The much-anticipated financial app, planned and developed by the popular social media platform X (formerly Twitter), is coming to market sooner than some may have anticipated.

Elon Musk posted on X to reveal that the app’s early public access launch will take place as soon as next month.

Advertisement

Why it Matters for Crypto?

As CryptoPotato reported earlier, Musk’s vision of transforming social media into an “everything app” has been gradually taking shape with the development of X Money. The latter is supposed to be a new payments feature designed to bring financial services directly to the platform.

Up until this moment, Musk said that the app was running in a closed internal beta.

Early screenshots of the popular actor William Shatner suggested that the app may include features such as a debit card with cashback, as well as tools for sending and receiving payments.

Advertisement

One of the biggest questions surrounding X Money, however, is whether or not it will support cryptocurrencies. Musk, who has frequently influenced crypto markets in the past, particularly through his comments about Dogecoin, as well as his decision to integrate Bitcoin payments for Tesla purchases, as well as to hold BTC on Tesla’s balance sheet, has hinted at broader financial capabilities for the platform.

You may also like:

He even recently amplified a post that described potential services, such as crypto support, and commented that the overall initiative will be big.

It’s worth noting, however, that there’s no official confirmation of whether such integrations will be featured.

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
Advertisement

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Source link

Advertisement
Continue Reading

Crypto World

Here’s why Shiba Inu Coin price is on the cusp of a rebound

Published

on

shiba inu coin

Shiba Inu Coin price rose by 7% on March 10 as the crypto market rallied and as the burn rate jumped by over 162%.

Summary

  • Shiba Inu price rose by over 7% on Tuesday as crypto prices rebounded.
  • The coin’s burn rate jumped by 162% to 6.5 million.
  • It has formed a highly bullish falling wedge pattern, pointing to an eventual rebound.

Shiba Inu (SHIB) token was trading at $0.0000058, a few points slightly above the year-to-date low of $0.00000525. It remains 83% below its highest point in 2025.

On the positive side, the coin’s burn rate jumped by 162% to over 6.58 million in the last 24 hours. The circulating supply has dropped to 585 billion after 410 billion were burned from the initial supply. A token burn reduces a coin’s circulating supply and its inflation.

Advertisement

Meanwhile, futures data shows that activity in the market is doing well. The futures open interest rose to $62.8 million on Wednesday, up sharply from last week’s low of $53 million. Rising open interest is a sign that demand is rising in the futures market.

Shiba Inu’s volume in the spot market has also continued rising this week. It jumped to over $143 million, up from below $100 million last week.

Another potential catalyst for the token is the latest developments in the Middle East, where Donald Trump is seeking to de-escalate the crisis after the stock market dropped and crude oil prices surged to the highest point since 2022.

Advertisement

Shiba Inu Coin price technical analysis 

shiba inu coin
SHIB price chart | Source: crypto.news

A look at the three-day chart shows that the coin has remained in a bear market this year. This decline, however, is losing momentum as evidenced by the Average Directional Index, which has moved sideways since January. 

On the positive side, the coin has formed a large falling wedge pattern, which is made up of two descending and converging trendlines. There are signs that the two lines are nearing their confluence, which is where bullish breakouts normally happens.

At the same time, the Stochastic Relative Strength Index has moved upwards from 20 in January to 55 today. That is a sign that it has formed a bullish divergence pattern.

Therefore, the most likely SHIB price prediction is bullish, with the next key target being at the 50-day Exponential Moving Average level at $0.0000080. The bullish view will become invalid if it drops below the year-to-date low.

Advertisement

Source link

Continue Reading

Crypto World

Pi Network (PI) News Today: March 10th

Published

on

Top Trending Cryptocurrencies


Pioneers await additional upgrades and potential ecosystem expansion this week.

Pi Network, a crypto project often surrounded by controversy, has been drawing renewed attention lately after the Core Team announced a series of upgrades and key developments.

In the days ahead, further updates may emerge that could influence PI’s price.

Advertisement

What Happened and What’s Next?

Earlier this month, the team behind the project revealed that the protocol v19.9 migration was successfully completed, while the next version, v20.2, is scheduled for release later this week, or around March 12.

Another notable development was the newly revealed case study showing how Pi Nodes could be leveraged as a distributed network for AI computing and model training.

Beyond the expected protocol upgrade, the community’s attention has shifted to March 14, widely known as Pi Day for its symbolic resemblance to the mathematical constant π (3.14). In 2025, Pi Network expanded its ecosystem around that date, with many speculating that a similar move might occur this year.

Some community members hope for a major listing on Pi Day, whereas others believe a key announcement from the Core Team is more likely.

Advertisement

PI Remains Trending

The native token of Pi Network is among the best performers from crypto’s top 100, with its price surging by roughly 30% over the past week. A few days ago, it briefly climbed to a three-month peak of $0.23, while currently it is worth $0.22 (per CoinGecko’s data).

You may also like:

Its impressive rise naturally drew the attention of traders and investors, pushing PI into the spotlight. At one point, it even became the top-trending cryptocurrency on CoinGecko. Although the token has cooled off slightly, it remains among the platform’s 15 most-searched digital assets.

Top Trending Cryptocurrencies
Top Trending Cryptocurrencies, Source: CoinGecko

Sell-Off on the Way?

Over the past few days, there has been an evident shift of PI tokens from self-custody to centralized exchanges. Data shows that approximately 4.8 million coins have been transferred to trading venues in the last 24 hours alone, thus bringing the total number to 454.1 million. This doesn’t directly imply a short-term price collapse, although the development is often interpreted as a pre-sale step.

PI Exchange Supply
PI Exchange Supply, Source: piscan.io

Moreover, PI’s Relative Strength Index (RSI) briefly crossed above the bearish mark of 70 and remains quite close to it. This means that the asset has entered overbought territory and could be headed for a pullback. Conversely, anything below 30 is considered a buying opportunity.

PI RSIPI RSI
PI RSI, Source: RSI Hunter

 

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Advertisement

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Source link

Advertisement
Continue Reading

Trending

Copyright © 2025