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Recent Pi Network (PI) Developments, Cardano (ADA) Price Volatility, and More: Bits Recap March 4

TL;DR The Open Network launch allowed PI token listings, but many users still need to pass KYC procedures. The deadline moved to March 14, sparking mixed reactions. Cardano (ADA) hit $1.14 after Trump backed a crypto reserve but dropped to $0.81 due to market crashes after certain trade tariffs came into effect. Bitcoin (BTC) fell to $83,500 from nearly $95,000. Analysts debate if this is a brief correction or the bull run’s end, with key support at $75,700. What’s New Around Pi Network? The cryptocurrency project reached a major milestone on February 20 when it launched its Open Network. This allowed exchanges to list the PI token and make it publicly accessible. Nonetheless, Pi Network is far from solving all of its problems. For instance, many people have not completed the necessary Know-Your-Customer (KYC) verifications and mainnet migrations. Users had until February 28 to abide by the rules, but recently, the deadline was moved to March 14. “This extension especially helps Pioneers who have recently returned and want to reengage with the network now that Open Network is live, upholding Pi’s core objectives of inclusivity and fairness. Submit your KYC application and complete your Mainnet Checklist by 8:00 am UTC on March 14, 2025 , to avoid any forfeiture,” the disclosure reads. As usual, the community reacted to the news with mixed feelings. Some appreciated the extension so they could have additional time to complete the process, while others complained about the prolongation, describing the project as a scam. ADA’s Price Swings The cryptocurrency market experienced massive volatility in the past few days, with Cardano’s native token being among the most impacted. Its price skyrocketed to as high as $1.14 on March 3 after the US president Donald Trump confirmed the plans about the establishment of a strategic crypto reserve that will include ADA and other digital assets. ADA Price, Source: CoinGecko Over the past several hours, though, the token erased much of its gains and currently trades at around $0.81 (per CoinGecko’s data). This is a consequence of the crypto market crash, which wiped out hundreds of billions of dollars in the last 24 hours. Some of the potential factors contributing to the negative performance of the sector are Trump’s trade tariffs which came into effect on March 4 and the escalating geopolitical tension between Ukraine and the USA. As reported by BBC, the world’s largest economy paused its military aid to the European country “to ensure that it is contributing to a solution.” BTC Struggles, too The primary cryptocurrency has also nosedived, witnessing a 9% decline on a 24-hour scale. It currently hovers at roughly $83,500, which is a huge pullback from the local top of almost $95,000 witnessed at the start of the business week. BTC Price, Source: CoinGecko While some industry participants believe the latest plunge might mark the end of the bull run, others remain optimistic that the asset is poised for a comeback. X user Captain Faibik suggested that BTC continues to trade within a “rising wedge” on the weekly timeframe. The analyst claimed that the price could reach $120,000 in the following months as long as it remains above the $75,700 support level. On the other hand, a fall below that range could lead to a retest of the $54,000-$55,000 zone. The post Recent Pi Network (PI) Developments, Cardano (ADA) Price Volatility, and More: Bits Recap March 4 appeared first on CryptoPotato . BitcoinSistemi

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Whales Accumulate Dogecoin, Ethereum, and a High-Potential 20x Coin

Whales Go On Buying Spree, Stocking Up Dogecoin, Ethereum, and This 20x Coin Crypto whales are back in action, accumulating assets that are expected to have a high growth rate in the near future. Although Dogecoin and Ethereum are still favorites, a new entrant has joined the list. The name is IntelMarkets (INTL) . IntelMarkets has attracted the attention of whale investors who have been instrumental in raising over $10.8 million in presale funding. The trading platform of IntelMarkets is equipped with the most advanced artificial intelligence and supports both the Solana and Ethereum chains. Ethereum (ETH) Could Rally To $4k on One Condition A recent report hitting the market shows that whales have not given up on Ethereum (ETH). Data from Santiment shows that they bought over 140k ETH amid the ongoing downturn. Fortunately, the Ethereum price has increased by 3.2% in the past week, signaling an increase in buying pressure. CoinMarketCap data indicates the Ethereum price has been trading at the $2k level for more than a week. If this momentum continues, the Ethereum price could surge to $3k in the next few days. Bulls only have to watch out for the $2,900 Ethereum price zone for rejection. Surpassing it could be the trigger that pushes the Ethereum price to a new peak. On the other hand, a rejection could push the Ethereum price down to retest the $2.5k support. According to Ted, the Ethereum price could break out past the $4k level if it mirrors the movement of Bitcoin in 2020/2021. Dogecoin (DOGE) Forecasted To Hit $1.7 As Whales Get Active Apart from the Ethereum crypto, whales have also been showing massive interest in Dogecoin (DOGE). A recent tweet by Ali Martinez shows they have bought over 110 million coins in the last two days, signaling positive sentiment. Interestingly, the accumulation comes as the DOGE price drops on the weekly and monthly levels. CoinMarketCap price feed reveals that the DOGE price has plummeted by 4.4% and 28.4% on these levels, respectively. Nevertheless, there is still hope for a DOGE price rebound. Trader Tardigrade notes the DOGE price could skyrocket to $1.7 if it mirrors its 2017 price pattern. Another expert known as AltcoinScholar emphasized the importance of the $0.22 level for a DOGE price rally. AltcoinScholar said the DOGE price could rally soon if bulls hold this region. In the meantime, technical analysis shows that investors are hyped about the Dogecoin crypto. The Fear and Greed Index has returned to Greed, supporting a DOGE price rally. Why Whales Are Interested In IntelMarkets (INTL) IntelMarkets (INTL) has also attracted investors’ attention since the beginning of the presale and has received more than $10.8 million. Retail and institutional investors have also expressed interest in the project as they believe that it will revolutionize the trading of cryptocurrencies. This positive response shows that there is a good perception of IntelMarkets. IntelMarkets is an innovative crypto trading platform that is yet to be launched and uses artificial intelligence and blockchain. Unlike other platforms, it has trading robots that are capable of learning from the market data and adapting to the changes. Also, IntelMarkets provides a copy trading option for newcomers, which enables them to copy the actions of successful traders. This is especially beneficial to beginners in that they can make profits from the market without necessarily having to understand the market well. INTL token is currently in its crypto ICO stage and has soared by more than 900% to reach its current price of $0.091, which indicates the token’s growth and investors’ interest. Given the fact that IntelMarkets is equipped with unique features and has already gained a high level of presale popularity, it can become a serious player in the field of crypto trading. Whales’ Best Altcoins To Buy While waiting for the next bull run, whales are stacking up Ethereum, Dogecoin, and IntelMarkets (INTL). Despite being a new project, the price of INTL is expected to rise by 10x in the coming months. Such potential makes it a good crypto to buy. For more information about IntelMarkets (INTL) visit the links below: Presale: https://intelmarkets.io/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . BitcoinSistemi