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Showing posts with the label market correction

Pi Network (PI) Predicted To Hit New Peak Of $6.54: Here's When

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Pi Network (PI) has made waves in the cryptocurrency realm. The coin hit an all-time high of $2.99 earlier this year on Feb. 26. Although the coin has been around for a few years, its price shot up over the last few months. Despite the bullish breakout, PI’s price has fallen by 53.6% since its February highs. Also Read: Shiba Inu: AI Predicts SHIBs Price For March 15th 2025 Pi Network Plummets Amid Market Correction Source: Coinpedia PI’s price has fallen 22.1% in the weekly charts and 10.8% in the 14-day charts. Despite the dip, the asset has maintained some gains in the daily charts. PI’s price is up by a mere 0.1% in the last 24 hours. Source: CoinGecko Also Read: Hedera Coin: AI Predicts HBAR Price For Mid-March 2025 The latest market correction comes amid growing global trade tensions. The US has announced sanctions against Mexico, Canada, the European Union, and others. The move has led to a substantial dip in investor confidence. PI and other crypto assets have ...

Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

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One savvy crypto trader and deep-pocketed investor is drawing attention for making huge profits trading meme token Pepe (PEPE). Blockchain tracking firm Lookonchain says an anonymous trader moved 427 billion Pepe tokens worth $8.5 million at the time of the transfer to US-based crypto exchange Kraken where the crypto trove could potentially be sold on the open market. Meanwhile, the whale continues to hold one trillion PEPE worth $18.4 million at the time, showing a profit of about $2 million. According to Lookonchain, the same trader just last month gained millions of dollars in profit by selling all his Pepe holdings during the initial stages of a December market correction. The sale came after the trader had accumulated more than one trillion Pepe tokens between March and September of 2024. The trader subsequently bought more than one trillion PEPE again in late December as the memecoin’s price stabilized. Said Lookonchain at the time, “This smar...

Bitcoin and Crypto Markets Dip As North Korean Hacking Threat Triggers $112,000,000 in Outflows From Hyperliquid

Bitcoin led a crypto market correction early Monday, taking BTC to the $92,762 level and putting it down over 12% over the last seven days. At the tail end of the weekend, well-known blockchain security expert Taylor Monahan who works for crypto wallet MetaMask reported that several addresses linked to the DPRK were trading on Hyperliquid, a decentralized perpetuals exchange with its own chain. Monahan said the North Koreans were likely testing out the network before considering it as a target for their next attack. In its Discord channel, Hyperliquid disagreed with Monahan’s Analysis and said that there was no threat from the DPRK. “We are aware of reports circulating regarding activity by supposed DPRK addresses. There has been no DPRK exploit – or any exploit for that matter – of Hyperliquid. All user funds are accounted for. Hyperliquid Labs takes opsec seriously. No vulnerabilities have been shared by any party.” However, HYPE, Hyperliqui...