
Bitcoin’s recent decline to $74,400 has triggered discussions among analysts regarding potential recovery and buy-the-dip opportunities. As the cryptocurrency market reacts to current technical indicators, the sentiment among traders leans
CoinOtag
You can visit the page to read the article.
Source: CoinOtag
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Crypto Prices May Find Their Floor Mid-2025, Coinbase Flags Bear Market Signals

Coinbase researchers suggest that crypto prices may find their floor in mid-2025 before a wider recovery. The Bitcoin (BTC) price trades below the 200-day moving average, signaling a bearish trend that puts traders on high alert. Furthermore, the COIN50 index dropped in several key metrics, indicating caution in a range of altcoins. Bullish Outlook Wanes A new Coinbase institutional report depicts the current market realities amid evolving macro trends. According to the release, converging signals may be forming at the start of a crypto winter, as negative sentiments overshadow the bulls. This year, Bitcoin has faced major obstacles to its potential uphill run. The crypto leader by market cap saw crashing prices spilling into altcoins. After breaking a new all-time high above $108k, the asset bowed to the macro trends as the stock market correlation continued. As a result, Bitcoin recorded flash dips and sits at $83,700. The asset’s 200-day moving average shows a sharp decline, highlighting a bearish phase that kicked off in March after a previous deep. While the first quarter had its fair share of headwinds, Q2 2025 kicked off with President Trump’s sweeping tariffs. A look at the COIN50 index reiterated crashing trader sentiments, as assets have been trading under bearish zones since late February. This marked the end of speculations for an altcoin season, at least for the short term, as prices fell through multiple support levels. In January, altcoin bulls predicted a massive altcoin season that would fuel assets to multiple all-time highs. “Indeed, this is consistent with the total crypto market cap (ex-BTC) falling by 41% from its December 2024 high to $950B, compared to a (less than) 20% decline in bitcoin over the same period. This disparity underscores the higher volatility and risk premium inherent to altcoins further down the risk curve… Thus, we think this warrants taking a defensive stance on risk for the time being.” Crypto VC Funding Declines The dwindling market cap lowered bullish expectations ahead of the second quarter. Meanwhile, institutional capital brought fresh shock to the market. In recent months, institutional funds have triggered massive asset growth, leading to mass adoption. According to the report, crypto VC funding grew from the last quarter, but it’s still at a 60% low compared to the 2021/2022 cycle. A low capital inflow reduces investment and limits large accumulation for institutions. Overall, this delays market expectations for a bull cycle. CoinOtag

Pi Network News Today: April 18th
Pi Network keeps making headlines while its token remains at the center of bold price predictions. In this article, we’ll break down the latest developments from the past few days. Pi Network increases its global presence Earlier today (April 18), Pi News (a news channel dedicated to covering Pi Network activities) revealed that the project was added as an official sponsor of Consensus 2025. The annual conference, which will cover cryptocurrencies, Web3, and AI, will take place in Toronto, Canada, from May 14 to 16. Other entities that appear as sponsors alongside Pi Network include Nomyx, OpenFortune, Rootstock, Stacks, and others. According to X user Pioneer, Pi Network’s Founder & Head of Technology, Nicolas Kokkalis is set to take the stage at the conference. Some prominent names expected to attend the event are Eric Trump (the son of US President Donald Trump) and Robert Hines (Executive Director of the President’s Council of Advisors for Digital Assets at the White House). Listing signals from HTX, PI staking, and more One of the leading crypto exchanges – HTX (formerly known as Huobi) – recently uploaded a mysterious post on X. A pyramid stands at the center of the picture, while a skyline of towering skyscrapers is in the background. The Pi Network community quickly spotted PI’s logo on one of the buildings, speculating that HTX might become the next trading venue to list the token. Backing from this high-profile exchange could significantly enhance the asset’s liquidity and accessibility, which may positively impact the price. However, HTX’s hint should not be regarded as a guaranteed listing, as the community has seen previous similar moves from Binance and perhaps even Coinbase. For now, the exchanges providing services with the token include OKX, Gate.io, MEXC, CoinEx, and others. Separately, MOON JEFF (an X user who frequently touches upon Pi Network) revealed that the PI on-ramp has become available on the Zypto App. “You can now buy PI with your bank card or mobile money. Very simple,” he said. Pi News, on the other hand, noted that PI staking is now available on OhPlay, where users can get up to 192% APY under certain conditions. The same news channel bragged about the network’s speeds and transaction costs, which are reportedly faster than those on Ethereum and even cheaper than those on Ripple. PI price outlook The native token of Pi Network has recorded a slight increase in the last 24 hours, and it currently trades at around $0.61. However, this represents a severe decline compared to the local top of $0.77 witnessed last week and a massive collapse from the all-time high of almost $3 observed at the end of February. PI Price, Source: CoinGecko Despite the pullback, some analysts are optimistic that a new all-time high is just a matter of time. MOON JEFF claimed PI is ready to explode to $5, adding that BANXA has been buying more tokens to sell to fiat users. On the other hand, investors should beware of the major release of 212 million tokens scheduled for the next 30 days. The unlock might be followed by a price drop should investors decide to sell their long-awaited assets. The post Pi Network News Today: April 18th appeared first on CryptoPotato . CoinOtag