1 days ago
TL;DR The overall market resurgence, as well as some advancements in the Pi Network ecosystem, have helped PI stage a notable recovery in the past 10 days or so, almost doubling its value within this timeframe. But, the substantial amount of tokens to be unlocked in the next few days could spell trouble for the asset, or at least enhanced volatility. Following the mindblowing volatility and price decline experienced since the end of February when it traded at $3 to the beginning of April when it plunged to an ATL of $0.4, PI’s price actions began to recover in the past 10 days. The asset now trades close to $0.75, which means that it’s up by close to 90% since then. The reasons vary, from market revival to internal updates and developments , but one analyst warned that there could be more substantial price moves in the near future, possibly leading to another correction. This is due to the large number of tokens set to be unlocked this week, starting from today. MOON JEFF, an analyst focused on PI’s price movements, warned that 2.3 million tokens will be unlocked on April 14. However, the number will grow in the following days and is scheduled to near 10 million on April 18. PI Token Unlock Schedule. Source: Piscan Such events typically lead to an increased selling pressure because investors receive access to liquid assets that they can now decide to dispose of. While this doesn’t guarantee that they will indeed sell their newly acquired tokens, it certainly raises a few alarms, as many of them have waited for a long time, given the continuous delays ahead of PI’s launch. Nevertheless, MOON JEFF remains an optimist (despite a previous controversial claim ) and noted that PI’s chart looks ‘nice.’ The on-chain analyst believes “$5 is inevitable,” but it might take weeks or months to get there. $PI chart looks nice. $5 is inevitable It might take weeks or even months but eventually we will be there. The only resistance we have is at $3. #PiNetwork — MOON JEFF (@CRYPTOAD00) April 14, 2025 The post PI Investors Beware: Massive Pi Network Price Volatility Incoming? appeared first on CryptoPotato .
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Dogecoin Whales Acquire 800 Million Tokens Amidst Downward Price Pressure: What Could Happen Next?
Recent whale activity surrounding Dogecoin (DOGE) has reignited interest in the memecoin, as large holders accumulate significant amounts amidst market fluctuations. Despite increased buying by major players, persistent bearish signals Crypto Potato
![A White House Advisor says that the US government is devising creative ways to accumulate more Bitcoin ( BTC ), including the possibility of tariffs. In a new interview on crypto influencer Anthony Pompliano’s YouTube channel, Bo Hines – Executive Director of the Presidential Council of Advisors on Digital Assets – says that one way the government could obtain more BTC is by revaluing gold certifications held by the Treasury. According to Hines, if the government could match the value of its gold certificates with the current price of gold, they could then use the boosted proceeds to purchase the crypto king, an idea originally pitched by pro-crypto Senator Cynthina Lummis. “I think that Senator Lummis has really an interesting idea with the Bitcoin Act of 2025, which I know has taken the community by storm. What [we] would do is you’d revalue the gold certificates that we currently have at Treasury, most of which are valued I think around like $43 an ounce, which is a lot lower than what it’s really worth. So now we’re sitting at $3,100 an ounce… If you took that value, what you could do is use that extra funding in order to buy more Bitcoin. That could be used for the reserve, but that’s just one idea that’s currently circulating its way through Capitol Hill and we’ll see how many co-sponsors she can get.” The US government issued gold certificates as a form of representative money between 1865 and 1933. They were documents that proved ownership of a specific amount of gold. Hines goes on to note that officials are brainstorming ideas and one of them being thrown around is obtaining BTC through tariffs. Recently, President Donald Trump announced new international tariffs on nations such as Mexico, Canada, and China. “We’re looking at many creative ways, whether it be from tariffs. Whether it be from something else. I mean there’s literally countless ways in which you can do this… Everything’s on the table and like we’ve said, we want as much [BTC] as we can get, so we’re going to make sure that no stone is unturned.” BTC is trading for $84,904 at time of writing, a 1% gain on the day. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post US Government Exploring ‘Many Creative Ways’ To Acquire Bitcoin Including Tariffs, Says White House Adviser appeared first on The Daily Hodl .](/image/67febac2b5a90.jpg)
US Government Exploring ‘Many Creative Ways’ To Acquire Bitcoin Including Tariffs, Says White House Adviser
A White House Advisor says that the US government is devising creative ways to accumulate more Bitcoin ( BTC ), including the possibility of tariffs. In a new interview on crypto influencer Anthony Pompliano’s YouTube channel, Bo Hines – Executive Director of the Presidential Council of Advisors on Digital Assets – says that one way the government could obtain more BTC is by revaluing gold certifications held by the Treasury. According to Hines, if the government could match the value of its gold certificates with the current price of gold, they could then use the boosted proceeds to purchase the crypto king, an idea originally pitched by pro-crypto Senator Cynthina Lummis. “I think that Senator Lummis has really an interesting idea with the Bitcoin Act of 2025, which I know has taken the community by storm. What [we] would do is you’d revalue the gold certificates that we currently have at Treasury, most of which are valued I think around like $43 an ounce, which is a lot lower than what it’s really worth. So now we’re sitting at $3,100 an ounce… If you took that value, what you could do is use that extra funding in order to buy more Bitcoin. That could be used for the reserve, but that’s just one idea that’s currently circulating its way through Capitol Hill and we’ll see how many co-sponsors she can get.” The US government issued gold certificates as a form of representative money between 1865 and 1933. They were documents that proved ownership of a specific amount of gold. Hines goes on to note that officials are brainstorming ideas and one of them being thrown around is obtaining BTC through tariffs. Recently, President Donald Trump announced new international tariffs on nations such as Mexico, Canada, and China. “We’re looking at many creative ways, whether it be from tariffs. Whether it be from something else. I mean there’s literally countless ways in which you can do this… Everything’s on the table and like we’ve said, we want as much [BTC] as we can get, so we’re going to make sure that no stone is unturned.” BTC is trading for $84,904 at time of writing, a 1% gain on the day. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post US Government Exploring ‘Many Creative Ways’ To Acquire Bitcoin Including Tariffs, Says White House Adviser appeared first on The Daily Hodl . Crypto Potato
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ZKsync Crashes Following $5 Million Token Heist
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