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š EFS vs. Pi Network: A Head-to-Head Showdown ā Real-World Usability: Whoās Winning?
EFS already supports a wide range of features ā airdrops, crypto games, content interaction, cold wallet exchanges, and more.
Pi Network, despite launching its mainnet, still offers very limited functionality after more than six years of development.
š Launch Timeline: Speed vs Delay
EFS is set to launch on the Binance Chain by July 2025, with plans to appear on major exchanges by year-end.
Pi Network has faced multiple delays, with its full mainnet deployment still creeping along at a sluggish pace.
š§ Ecosystem Evolution: Built or Barely Begun?
EFS is already up and running with modules for news, check-ins, trading, predictions, community, and asset management ā and updates are rolling out fast.
Pi, on the other hand, is still primarily focused on "mining," with ecosystem development just getting off the ground.
š User Growth: Acceleration vs Stall
EFS is attracting 30,000 to 80,000 new global users per month, rapidly expanding its footprint worldwide.
Piās user growth, once strong, is now tapering off, with noticeable slowdown in community expansion.
š° Token Access: Open or Obscure?
EFS tokens can be earned in multiple ways: registration rewards, daily check-ins, airdrops, and gem swaps ā all fully transparent.
Pi relies solely on its app-based "mining" mechanic, with a closed and less flexible reward system.
š Profit Model & Transparency: Crystal Clear or Cloudy?
EFS generates revenue from ads, games, transactions, and prediction markets ā all with open, visible platform data.
Piās business model remains vague, with little insight into how it plans to sustain or scale financially.
āļø Final Verdict
While Pi Network paved the early way in mobile crypto mining, EFS appears to be taking the lead with a faster roadmap, richer features, and a clearer vision for sustainability and global expansion.
Pakistan to Establish Digital Assets Authority for Crypto and Blockchain Regulation
Pakistan to Launch Digital Assets Authority in Landmark Move Toward Crypto Regulation
Pakistan is set to launch the Pakistan Digital Assets Authority (PDAA), a new national body to regulate the countryās rapidly expanding crypto and blockchain sector. Backed by the Ministry of Finance, the PDAA will oversee digital asset exchanges, wallets, tokenized platforms, stablecoins, and DeFi services.
Announced via state broadcaster PTV on May 21, the initiative signals a major policy shift from previous regulatory uncertainty.
Finance Minister Muhammad Aurangzeb described the move as a step toward financial leadership:
āWith the PDAA, weāre building a future-ready framework to protect consumers, attract global investment, and lead in financial innovation.ā
The PDAA will also tokenize national assets, explore regulated Bitcoin mining, and support Web3 startups. The initiative follows recommendations from the Cryptocurrency Council, which includes Binance founder Changpeng Zhao as an advisor.
Once wary of crypto, Pakistan now ranks 9th in global crypto adoption (Chainalysis, 2024), with over 27 million projected users by 2025 (Statista).
In related news, Trump-backed World Liberty Financial (WLFI) signed a Letter of Intent with the Pakistan Crypto Council on April 26 to accelerate DeFi growth through regulatory sandboxes and blockchain innovation.
Ethereum (ETH/USD) is once again under the microscope as it trades just below a critical resistance zone within a symmetrical triangle pattern. At the time of writing, ETH is hovering around $2,508ājust beneath the triangleās upper trendline and the 50-period EMA ($2,519) on the 2-hour chart.
While some traders anticipated an early breakout, ETH remains tightly coiled within the triangle. So far, thereās no confirmed move above resistance.
This pattern, formed by converging trendlines, reflects classic consolidation and shrinking volatilityāusually the calm before a sharp breakout.
Bulls Hold the Line, But Momentum Needs Fuel
Ethereum has continued to post higher lows, which keeps the bullish outlook intact. However, buyers have yet to deliver a convincing breakout candle. Volume remains low, and recent price action shows indecisionāsmall-bodied candles with short wicks.
MACD Signals Shift in Momentum
The momentum is beginning to turn. The MACD just flashed a bullish crossover, and its histogram has turned greenātypically a sign that upward momentum is building.
When combined with the series of higher lows, it suggests bulls may be gearing up. But without a breakout above key resistance, itās still just potentialānot confirmation.
Invalidation Zone: Below $2,500, with stronger support around $2,420
Until ETH clears $2,527 with conviction and volume, the triangle pattern remains unresolved. Think of it like a pressure cookerābuilding steam, but not quite ready to release.
Trade Setup (If Breakout Confirmed)
Entry: Above $2,527 on strong bullish candle with volume
Ethereum (ETH/USD) is once again under the microscope as it trades just below a critical resistance zone within a symmetrical triangle pattern. At the time of writing, ETH is hovering around $2,508ājust beneath the triangleās upper trendline and the 50-period EMA ($2,519) on the 2-hour chart.
While some traders anticipated an early breakout, ETH remains tightly coiled within the triangle. So far, thereās no confirmed move above resistance.
This pattern, formed by converging trendlines, reflects classic consolidation and shrinking volatilityāusually the calm before a sharp breakout.
Bulls Hold the Line, But Momentum Needs Fuel
Ethereum has continued to post higher lows, which keeps the bullish outlook intact. However, buyers have yet to deliver a convincing breakout candle. Volume remains low, and recent price action shows indecisionāsmall-bodied candles with short wicks.
MACD Signals Shift in Momentum
The momentum is beginning to turn. The MACD just flashed a bullish crossover, and its histogram has turned greenātypically a sign that upward momentum is building.
When combined with the series of higher lows, it suggests bulls may be gearing up. But without a breakout above key resistance, itās still just potentialānot confirmation.
Invalidation Zone: Below $2,500, with stronger support around $2,420
Until ETH clears $2,527 with conviction and volume, the triangle pattern remains unresolved. Think of it like a pressure cookerābuilding steam, but not quite ready to release.
Trade Setup (If Breakout Confirmed)
Entry: Above $2,527 on strong bullish candle with volume
PI Network Price Set to Surge? Founder to Reveal Major News at Consensus!
Pi Network ($PI) has paused after its recent surge, but a series of upcoming catalysts could still propel the token towardāÆ$2.50 by summer.
On Wednesday, the community rolled out a sweeping ecosystem upgrade and launched PiāÆNetworkāÆVentures, a $100āÆmillion fund aimed at seeding startups that build on the chaināsetting the stage for the next leg higher.
Adding more momentum, founder NicolasāÆKokkalis stepped onto the ConsensusāÆ2025 main stage today to share his vision with the wider crypto industry.
Launched only in FebruaryāÆ2025, PiāÆNetwork is still a newcomer, yet its rapid traction has caught investorsā attention. Over the past two weeks, $PI has climbed 40% to aboutāÆ$0.84. After an RSI spike aboveāÆ80, the indicator has cooled to 53, hinting at a healthy pullback before a potential push toāand pastāthe $3 mark.
Built as a Layerā1 chain with a oneātap mobile mining mechanic, Pi makes crypto participation almost frictionlessāno rigs, no staking hoops, just a daily tap.
Senate Cuts Trump-Backed Clauses from GENIUS ActāCrypto's Fate Hinges on This Key Vote Date!
šØ GENIUS Act Blocked by U.S. SenateāRevised Crypto Bill Vote Set for May 26
The cryptocurrency-friendly āGENIUS Actā, a long-anticipated stablecoin regulation bill in the United States, was rejected by the U.S. Senate in early May, triggering backlash from industry leaders and crypto advocates.
Despite the initial setback, momentum is building for a second vote. Lawmakers suggest the Senate could reconsider the bill before May 26, aiming to push forward a revised version stripped of politically charged content.
š What Changed in the Revised Bill?
At the Stand With Crypto event, Senator Kirsten Gillibrand confirmed that the updated bill removes controversial provisions targeting former President Donald Trump and his familyās ties to the crypto industryāincluding mentions of memecoins, stablecoin platforms, and mining companies linked to Trump-affiliated ventures.
āThe revised bill shows real progress on issues like consumer protection, bankruptcy safeguards, and government ethics,ā said Gillibrand.
Senator Cynthia Lummis, a Republican and vocal Bitcoin advocate, expressed optimism, calling May 26āa key U.S. holiday, Memorial Dayāāa fair goalā for passage of the revamped GENIUS Act.
š„ Gillibrand Slams Trumpās Crypto Activities
In a bold statement, Senator Gillibrand accused Trump of engaging in potentially illegal crypto activities, particularly the alleged issuance of memecoins:
āMost of what President Trump is doing is already illegal. Launching a memecoin is essentially offering money for proximity to powerāone of the most unethical and illegal things possible under current law.ā
While the revised GENIUS Act doesn't address Trumpās ethical conduct, Gillibrand emphasized that the billās primary goal is to bring clarity and structure to the stablecoin ecosystemānot to settle political scores.
Did This Whale Time the Market Perfectly? 500x Profit in 22 Days Will Blow Your Mind!
Unbelievable! Mysterious Whale Buys Altcoin Days Before 500x SurgeāAccident or Inside Info?
š While new memecoins flood the crypto scene daily, one in particularāLAUNCHCOINāhas recently stolen the spotlight.
In a jaw-dropping surge of over 7,000%, LAUNCHCOIN turned early believers into millionairesāand one whale investorās story stands out.
According to Lookonchain, a mysterious crypto player made a move after four months of total silence. Suddenly, 22 days ago, they withdrew 68.8 SOL from Binance. With 54 SOL (around $8,191), they scooped up 14.62 million LAUNCHCOINāwhen the tokenās market cap was under $500K.
Fast forward just three weeks, and the memecoin's market cap soared past $200 million. The whale began cashing out, selling 2.5 million LAUNCHCOIN for 3,465 SOL (approx. $617K).
But hereās the kicker: theyāre still holding 12.12 million LAUNCHCOIN, valued at around $3.5 millionābringing their total haul to over $4 million.
š” Smart timing or insider knowledge?
šÆ $8,191 turned into $4 million in just 22 days ā thatās a staggering 500x return.