1 days ago
Here are some of the latest moves and announcements made by big X channels covering Pi Network news as well as PI’s big price volatility and recovery attempts. Chainlink addition Perhaps the biggest X channel dedicated to covering Pi Network news, dubbed with the simple Pi News nickname, outlined a significant integration for the protocol’s native token. Chainlink, arguably the most notable blockchain oracle network, has added Pi Network to its 22 new data streams. According to the Pi News team, this is a ‘huge leap’ for underlying asset’s integration into the broader crypto ecosystem. BREAKING: Chainlink just added #PiNetwork to its 22 new Data Streams! This marks a HUGE leap for Pi’s integration into the broader crypto ecosystem. Real-time, reliable data = next-level utility pic.twitter.com/nF7Aohsb7r — Pi News (@PiNewsMedia) April 13, 2025 Pi ad network pilot completed Previously, the team announced that the Pi Ad Network finished its pilot phase, which allows developers to apply and join it now. The system allows advertisers to use Pi to place ads in the ecosystem and native apps. It began with a pilot launch to 5 community apps and was ‘iterated along with these developers’ within the test phase. “The Ad Network is the first instantiation of a platform-level utility that leverages Pi Network’s collective resources to bring real, organic use cases to the Pi cryptocurrency,” reads the blog post . Most notably, the team informed that the first group of Pi Adds that operated in the pilot has now started to generate and receive ad revenue. Nevertheless, the ‘premise of selection is to be listed in the Mainnet Ecosystem Interface and compliant with developer ecosystem guidelines.’ The project’s disclaimer warned that simply applying does not guarantee the app in question will be included in the Pi Ad Network, as all requirements of the Mainneet ecosystem listing must be met. More on those – here . PI price recovery Following an extended turbulent and painful period for the protocol’s native token, in which its price tumled by over 80% within a month or so to an all-time low of $0.4, the asset has began an impressive recovery that rages on even today. It marked double-digit price increases for a few consecutive days, which could be attributed to positive developments, such as the ones mentioned above, or the overall market resurgence. However, PI is up by 2-3% today as well, even though most alts and BTC have retraced slightly. As a result of the bullish performance in the past week, PI has almost doubled its value since the ATL and now sits above $0.75. Its market cap has pushed the token within the top 30 alts by that metric. PI Token Price. Source: CoinGecko The post Important Pi Network News Today: April 14 appeared first on CryptoPotato .
Crypto Potato
You can visit the page to read the article.
Source: Crypto Potato
Tags :
Crypto Bits Crypto News Pi Network (PI)
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.
Applied Digital Tumbles 30% on Revenue Miss; Plans Selling Cloud Computing Unit
Shares of Applied Digital (APLD), a Texas bitcoin mining and data center firm, dropped sharply on Tuesday after the digital infrastructure provider reported quarterly results that fell short of Wall Street expectations. The company, which has pivoted from its crypto mining roots to focus on high-performance computing (HPC) and AI-focused data centers, reported revenue of $52.9 million for the quarter ending February 28, 2025—a 22% increase from a year earlier, but well below analysts` consensus estimate of $64.5 million, a nearly 18% miss. Despite the top-line miss, Applied Digital reported a non-GAAP net loss of $0.08 per share, beating analysts` expectations of a $0.10 per-share loss. However, adjusted EBITDA came in at $10 million, a 41% miss compared to the expected $16.9 million, signaling continued margin pressure amid heavy infrastructure investments.APLD shares plunged as much as 30% from the Monday close, and were trading around $3.90 in the early hours of the session.A significant drag came from the company`s Cloud Services unit, which posted a sharp sequential revenue decline of 36%, falling from $27.7 million in the prior quarter to $17.8 million. Applied Digital attributed the drop to a shift from single-tenant contracts to a multi-tenant, on-demand GPU model—a transition that faced initial technical challenges. Notably, the company`s board of directors approved on April 10 a plan to sell the Cloud Services business entirely, aiming to refocus on its core HPC data center operations and potentially position itself as a real estate investment trust (REIT) in the future. “We believe separating the Cloud Services business from our data center operations better serves the long-term interests of our shareholders,” said CEO Wes Cummins on the company’s earnings call. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk’s full AI Policy . Crypto Potato
Chainlink [LINK] price prediction – Watch out for a defense of THIS key level!
Chainlink is testing its key support as traders weigh bullish structure against weak on-chain signals. Crypto Potato
BTC
BLOCKCHAIN
-
Bitcoin (BTC) monster crash alert
1 saat önce
