What is Pi Coin? Pi Network, one of the most controversial projects of 2025, promises mobile cryptocurrency mining but has faced criticism for its centralized control, inflated user count, and inflationary tokenomics.Everyone is talking about Pi Coin. Perhaps the most controversial project of 2025.On the surface, Pi Network is a digital currency and decentralized finance project developed by Stanford graduates Nicolas Kokkalis, Chengdiao Fan, and Vince McPhillip. The product, which has been in development since 2019, is built on the premise that anyone should be able to mine cryptocurrency through a mobile application.But dig deeper and the project faces ongoing…
Author: Crypto Flexs
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Ethereum price is struggling below the $3,400 resistance level. ETH is showing some signs of weakness and could fall below the $3,150 support. Ethereum has not been able to pace past $3,350 and $3,400. The price is trading below $3,300 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a break has occurred below the main contract triangle with support at $3,270. If it holds above the $3,120 support level, the pair could initiate another hike. Ethereum price discount support Ethereum price began a significant rally around the $3,220 level, but the gains…
jack anderson January 22, 2025 06:10 OKX Ventures invests in DuckChain, a blockchain platform that aims to integrate Web3 with Telegram’s extensive user base and leverage AI and EVM compatibility for scalable solutions. OKX Ventures announced a strategic investment in DuckChain, a blockchain platform designed to integrate Web3 capabilities with Telegram’s broad user base, according to OKX Ventures. Developed by TONScale Labs and supported by Arbitrum Orbit, DuckChain aims to usher in a new era of blockchain accessibility and scalability by leveraging Telegram’s massive network. DuckChain’s unique features DuckChain distinguishes itself as an AI-driven…
Louisa Crawford January 22, 2025 06:26 Injective (INJ) launches iAgent 2.0, an advanced AI agent framework that integrates Eliza’s framework with Injective’s infrastructure to improve on-chain functionality, scalability, and interoperability. Injective (INJ) announced the release of iAgent 2.0, a groundbreaking improvement to its AI agent-based module. According to Injective Labs, this upgrade is set to redefine the experience for developers and users by providing improved functionality, flexibility, and extensibility. Key features and improvements iAgent 2.0 stands out because it integrates the Eliza multi-agent framework with Injective’s infrastructure, allowing developers to orchestrate intelligent agents capable…
Lido founder Konstantin Lomashuk shared an However, Lomashuk said no such group has been created and he would soon share his thoughts on the EF case.This development comes after Ethereum co-founder Vitalik Buterin said in a post on January 21 that the future of blockchain is decentralized and EF is just a part of that. He added:“EF should not take the ‘middle curve’, but confidently express the aspects of Ethereum that it can effectively express, and intentionally create and foster an open space for other organizations to represent different aspects of Ethereum. . Some of these other aspects might make…
A veteran trader known for making timely cryptocurrency calls says he is bullish on the modular blockchain project’s native token. Household trader The Flow Horse said on his Telegram channel that Celestia (TIA) may be preparing for a breakout after forming a classic bottoming pattern over the past six months. “I think TIA is very exciting right now. Here are some reasons: There seemed to be a major capitulation of sentiment on this over the past few days, reaching a peak during the period when (venture capitalist) Chris Burniske was targeted by CT (Crypto Twitter) for his stance on this.…
Peter Jang January 22, 2025 07:31 Canaan Inc. discloses its December 2024 Bitcoin mining performance and outlines its financial outlook for fiscal 2025, targeting significant revenue growth and mining expansion. Canaan Inc. (NASDAQ: CAN), a leader in cryptocurrency mining technology, has released its unaudited Bitcoin mining update for December 2024 along with its fiscal 2025 financial guidance. The company expects total revenue between $900 million and $1.1 billion in fiscal 2025. , according to PR Newswire. Expanding global operations Significant progress has been made in North America, and Canaan has established localized teams to…
Video sharing platform Rumble Inc. (RUM) said it has purchased its first Bitcoin (BTC) ahead of Donald Trump’s inauguration on January 20th. company.Source: Chris PavlovskiThe announcement comes nearly two months after Rumble confirmed plans to allocate $20 million from its excess cash reserves to purchase Bitcoin. The company said their purchases will largely depend on broader cryptocurrency market conditions, including the price of BTC and demand for cash on the platform.Bitcoin hit a record high of over $109,000 on January 20, shortly before Trump’s inauguration as the 47th president of the United States. Some cryptocurrency experts expect the price to…
In 2025, most traders are considering Ethereum or Solana. This is mainly due to the success of both tokens over the past few years. Ethereum’s updates make it a good option, and Solana offers fast transaction speeds and low costs.However, a new pre-sale token, Remittix (RTX), has recently been making headlines. This can be attributed to the success of the ongoing pre-sale and innovative ways to process cross-border payments.The ultimate question remains: Can Remittix compete with Solana and Ethereum in 2025? Ethereum rises 7% in 24 hoursETH started 2025 with strong momentum. It is currently trading at $3,442.66, up 7%…
HYPE was trading within a bullish flag pattern, signaling a possible breakout towards $50. Key indicators, including a rise in Total Value Locked (TVL), suggested that the market rally was gaining momentum. Over the past 24 hours, Hyperliquid (HYPE) has recorded a significant price movement of 14.67%, reclaiming the $26 range last seen in early January. This followed a brief monthly decline of 6.09%. The current market trend and strong bullish correction indicate further upward momentum and we expect HYPE to continue its uptrend in the coming weeks. HYPE’s final countdown The final stage of HYPE’s bullish flag pattern -…