
The Biden-era rule would have obligated DeFi platforms to comply with tax reporting requirements designed for brokers.
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What Lies Ahead for Pi Network’s Price? Exploring the Bullish and Bearish Cases

TL;DR Speculation grows around potential listings on major exchanges, which could significantly boost PI’s exposure, accessibility, and price momentum. On the other hand, a massive token unlock of over 212 million PI is on the horizon, sparking concerns of sell-offs and added downward pressure on the valuation. Big-Name Backup on the Horizon? Pi Network’s native token, which finally saw the light of day earlier this year, has plummeted substantially since the peak witnessed at the end of February. Recall that PI skyrocketed to an all-time high of almost $3 back then, but currently it trades at around $0.61, marking a staggering 80% decline for the timeframe. PI Price, Source: CoinGecko One essential factor that may spark a new rally is the additional support from leading exchanges. HTX (formerly known as Huobi) recently uploaded a cryptic post on its official X account. It shows a pyramid set against a backdrop of skyscrapers, with the PI logo subtly visible on one of the buildings. Headquartered in the Seychelles, HTX claims it serves more than 45 million users across over 160 countries. A listing on such a high-profile platform could significantly boost PI’s liquidity and improve access, which could potentially lead to a price recovery. Meanwhile, OKX, Bitget, Gate.io, CoinEx , BTCC, and others are among the trading venues that have already embraced the token in the past few months. There were also rumors about possible listings on Binance and Coinbase. The former issued a community vote in February to determine whether its users want to see PI available on the platform. While the vast majority of voters clicked the “yes” option, Binance remains silent on the matter. Paul Grewal (Coinbase’s Chief Legal Officer) fueled speculation with a playful nod to Pi Network in mid-March when saying: “We take PiDay at Coinbase very seriously.” Contrary to his interaction, the token remains unavailable on the US-based crypto exchange. Beware of a Further Crash The massive token unlock scheduled for the next few weeks may disappoint the bulls. As CryptoPotato previously warned , millions of PI will be unlocked in the short term, giving early adopters a chance to cash out and thus negatively impacting the price. Almost 10 million tokens are scheduled for release today (April 18), while the total unlocks in the next 30 days is set at over 212 million. April 30 is expected to be the record day when 11.2 million PI will be freed up . It’s worth noting that the major token release accelerated at the start of the business week, coinciding with a double-digit drop in PI’s price. The post What Lies Ahead for Pi Network’s Price? Exploring the Bullish and Bearish Cases appeared first on CryptoPotato . Decrypt

GoMining taps industry veterans for new advisory board
Bitcoin ( BTC ) mining platform GoMining has formed a new advisory board to reinforce its strategic direction, enhance operational execution, and broaden its market presence, as revealed in an April 17 X post . The GoMining Advisory Board is here! We’ve gathered industry veterans with deep know-how and the leadership to drive real change. @gleb_crypto – CEO @blumcrypto , Ex- @binance exec who led Asia expansion. @ChartFuMonkey – CEO at Magic Internet Moneyz, NFT and Web3 strategist.… pic.twitter.com/APNfMmGa1Z — GoMining (@GoMining_token) April 17, 2025 Two renowned industry veterans will be part of this new board. The first is Gleb Kostarev, the Chief Executive Officer (CEO) and co-founder of cryptocurrency trading app Blum.io. A former senior leader at Binance, Kostarev, oversaw the exchange’s expansion into Asia and the Commonwealth of Independent States . Coupled with a background in both centralized and decentralized spaces, the executive’s experience with large-scale growth initiatives is meant to bolster GoMining’s strategic posture as it endeavors to expand Bitcoin’s real-world applications. The second industry leader to join the board is Igor Milihram, known also pseudonymously as ‘ChartFuMonkey’, the CEO of Magic Internet Moneyz. A Web3 veteran since the early days, Milihram was the first hire at Magic Eden ( ME ), where he helped launch hundreds of non-fungible token ( NFT ) projects on the marketplace and was a key player in shaping the platform’s growth strategy. ChartFuMonkey’s blend of practical expertise and deep market understanding could be a great boon for GoMining’s future endeavors. What are GoMining’s expansion plans? At present, GoMining’s BTC-centric ecosystem is some 3.5 million users strong. The platform offers access to digital mining and allows users to purchase Terahashes ( TH ) of mining capacity linked directly to its real-world data centers. By doing so, GoMining offers a convenient way for both newcomers and the DeFi -savvy to begin mining — positioning it as a key driver of cryptocurrency adoption. Kostarev and Milihram, together with the rest of the GoMining advisory board, will support the expansion of the ecosystem — and the long-term vision includes exciting new developments such as debit and virtual cards, a marketplace, as well as expanded functionalities made to expand the utility of every BTC reward gained through the platform. Moreover, there are plans for a BTC-FI-focused launchpad, with the goal of providing early access to a suite of Bitcoin-centric initiatives not just to users who stake on the GOMINING token, but those who own Terahashes as well. Featured image via Shutterstock The post GoMining taps industry veterans for new advisory board appeared first on Finbold . Decrypt