Day: April 12, 2025

Pi Network Surges 25% amid ChainLink Integration

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Pi has topped CoinMarketCap’s list of trending cryptocurrencies as the day’s best-performing altcoin with a 25% price surge.

 

April 12th- Pi network has surged 344% in trading volume as investors show heightened interest in its project. Pi was trading at $0.7459, a 25% surge in price, at press time, per CoinMarketCap. Chainlink has announced integrating the project into its low-latency Data streams. This will allow Pi network users to fully participate in the decentralized finance ecosystem.

 

Source: X

 

Chainlink announced Pi Network as one of the 22 newest assets to integrate its ecosystem. The announcement sparked mixed reactions among crypto enthusiasts. Some criticize Pi for lacking an appropriate and user-friendly mining and mainnet migration protocol.

However, others have seen potential in Pi and moved ahead to integrate its utility. For instance, Zito Realty plans to allow clients to pay for homes using Pi coin. With these developments in place, traders are watching Pi’s next moves.

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partyushgoyal

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U.S White House to Consider Using Gold Reserves to Buy Bitcoin

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U.S. Senate Banking Committee Member, Tim Scott, says major Bitcoin and crypto bills will be passed by August as the U.S. considers selling some of its Gold Reserves to buy Bitcoin.

 

The United States Treasury claims to hold about 261 million troy ounces of gold, equivalent to 8133.46 metric tons, in its reserves. A new report by a Senior White House official has fueled market enthusiasm regarding Bitcoin’s future. According to the report circulating online, the US is considering selling some of its gold reserves to buy Bitcoin.

 

A part of the circulating report has the following details, giving insights into what looks like a bullish signal for the market.

 

Source: X

 

Lately, Michael Saylor, Microstrategy’s Co-founder and Executive Chairman, has advised the U.S administration to sell its gold reserves and buy Bitcoin to “bankrupt” its enemies by dominating the world of reserve capital. In other cases, he calls it “buying the future”. As policies regarding digital assets become clearer, Bitcoin could see its value rise exponentially in 2025.

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partyushgoyal

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Crypto Total Market Cap is Eyeing a Breakout- Altseason?

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The total crypto market cap is testing a breakout above its falling wedge pattern. Analyst suggests a major altseason could be on the cards.

 

The crypto market is on the verge of a breakout, pushing through the 2.7 trillion market cap resistance level. Following weeks of consolidation inside a falling wedge pattern (classic bullish setup), the market appears poised for a breakout. Historically, such pattern formation heightens investor confidence and pulls in more capital into the market.

 

Source: X

 

According to insights from World of Charts on X (formerly Twitter);

 

“#Crypto Approaching Towards Crucial Resistance, Expecting Breakout Too, Successful Breakout Can Lead Massive Altseason.”

 

With traditional markets stabilizing and many DeFi projects planned for the year, the crypto market anticipates new capital from investors. This bullish signal could trigger faster capital injection, thus sparking the beginning of the altseason.

 

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partyushgoyal

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How to Track Whale Wallets for Smart Investment Moves

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Tracking whale wallets offers a unique window into observing large investor behaviour and anticipating market trends associated with the big-money players.

 

Having a hedge on the latest market trends and activity associated with both large and retail traders increases your chances of success as a trader. The impact of big market moves by large investors (whales) in the crypto market could affect one’s long-term or short-term positions.

 

So, why track whale wallets?

Some common reasons for observing whale activity include;

  • Detecting large buys or sells early
  • Anticipate market volatility or changes in sentiment
  • Spot potential accumulation and distribution patterns that could impact prices

 

Some commonly used tools for tracking whale activity include;

Whale Alert for updates on large transfers.

Etherscan for Ethereum wallet transactions

Nansen for smart money and whale behaviour, Arkaham for AI-driven wallet identification, and Lookonchain for Real-time alerts and trend insights.

 

What should you look for?

  • Whale accumulation involves large buys sent to cold wallets, a bullish signal.
  • Distribution refers to transfers made to exchanges, a bearish signal.
  • Swaps or staking, an investment suggesting long-term conviction, bullish signal.

 

Whale actions are key in confirming one’s technical setups and tracking market behaviour in dips or rallies, thus allowing traders to make informed investment strategies.

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partyushgoyal

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Bitcoin is Recovering and Testing a Key Resistance Zone

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Bitcoin is recovering and currently testing the $83k-84k resistance zone. With the trade war cooling, is BTC’s rally on the cards?

 

Bitcoin has surged 2.07% in the past 24 hours signalling a strengthening bullish momentum. According to CoinMarketCap data, BTC was trading at $83,810 at the time of writing.

Following a freeze on trade tarrifs by U.S President Donald Trump, the stock market has been recovering. Similarly, Bitcoin bulls are pushing upwards as BTC tests the $83k-84k key resistance zone on the 12-hour chart.

Source: X

 

Based of Technical analysis by World of Charts on X( formerly Twitter), if Bitcoin bulls break past the $84k above this key resistance zone, the King of crypto could be poised for a notable uptrend.

Bitcoin’s RSI stands at 51, a neutral zone showing more buying potential. With more than 313 million in Exchange outflow, and 88% of holders in profit, the happy “strong hands” could be accumulating more. While new traders enter new positions, a breakout could lead to the next bull rally.

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partyushgoyal

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What is Blockchain Interoperability and Why does it Matter?

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Blockchain interoperability remains the missing link in bridging and uniting blockchains to a giant seamless digital ecosystem powering DeFi growth.

 

Blockchain technology is no longer a tech-savvy word for revolutionary technological pitches in conferences, but the next industrial revolution after the internet in the late 1990s. As Blockchain utility grows, the ability to perform fast and efficient communication between blockchains has become challenging.

So, what is blockchain interoperability?

Blockchain interoperability refers to the process of making unique and separate blockchains “talk to each other” and cooperate to execute tasks. As of today, projects like Polkadot, Cosmos, and Thorchain are leading the way in easy and secure connectivity between blockchains. Thanks to these projects, users can easily swap digital assets across different networks without involving a centralized exchange.

Why does it matter?

Blockchain interoperability is not just an upgrade, but a pillar in the growth of Decentralized Finance ( DeFi) in this decade. The digital asset market could unlock faster innovation, crypto adoption, and financial freedom as blockchain interoperability advances.

 

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partyushgoyal

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ONDO Surges 30% as Binance Announces Listing

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Ondo has caught the market’s attention following a 30% price surge and listing on the Binance exchange.

 

April 11- Binance has concluded its “vote to list” community campaign that saw ONDO listed on its exchange. With the trading pairs ONDO/USDT and ONDO/USDC on the exchange, the asset has surged nearly 30% in price. Ondo’s price is consolidating around $0.880, with its trading volume hitting 125% in the past 24 hours, per CoinMarketCap.

 

The decentralized investment banking protocol could be poised for long-term growth, considering its focus on bridging traditional finance with DeFi.Additionally, following Trump’s move to repeal the “DeFi  Broker rule” into a favourable law, the protocol’s financial products could see renewed interest from the market.

 

Source: CoinMarketCap

 

Ondo has seen its community sentiment hit new highs amid DeFi-friendly regulatory policies in the market and Binance listing. ONDO’s MACD (12,26), short-term and mid-term moving averages are flashing “buy”. With its Relative Strength Index (RSI) at 52 (not overbought zone) and high community sentiment, Ondo’s bullish momentum is strengthening.

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