The Federal Reserve 25 basis point interest rate cut lowers the federal funds rate, affecting borrowing costs and economic outlook.
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"XXXXXXXXX," the U.S. Federal Reserve said Wednesday.
The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and economic uncertainty.
Pi Coin is struggling to register any bullish momentum, and all indicators suggest this might continue into the foreseeable future. Since its launch, the Pi Network price has crashed by about 88%, which has left many early supporters and holders worried about its future. Recent market data shows that the decline can be attributed to massive token unlocks and weak liquidity on crypto exchanges. Furthermore, new developments show that unless market dynamics improve, Pi Network may face even more declines in the coming months. Heavy Selling Pressure Pi Due To Token Unlocks Pi’s price action has been full of downtrends, with data showing the cryptocurrency down across multiple timeframes. At the time of writing, the token is currently moving between $0.353 and $0.3606 with poor liquidity and continued unlocking of the tokens. The unlocks have done nothing to help with the situation of things. Related Reading: Pi Network Price Crashes To All-Time Low After Latest Announcement — Details One of the biggest influences behind Pi Network’s downtrend is the continuous release of unlocked tokens into the market. Pi was created with a max supply of 100 billion tokens, but only 8 billion of those are currently in circulation. Its tokenomics are set up such that tokens are unlocked into circulation every day. According to data from PiScan, there are about 5 billion Pi Network tokens locked right now, and 135.7 million of those are set to be unlocked in the next 30 days. Notably, one unlock event added around 163 million PI tokens worth about $60 million into circulation, a move that contributed further to the cryptocurrency’s price decline. More token unlocks are expected in the near future, and the increase in circulating supply has far outpaced demand. Data from PiScan shows that about 4.5 million Pi worth $1.614 million are released every day. This oversupply problem could leave the price of Pi Network vulnerable, and each token release could further weaken the value of those in circulation. Furthermore, the current order books for Pi Network across several exchanges are extremely thin, leaving too few buyers in the market to absorb the wave of selling pressure. Project Delays: Calls For Bold Action Pi Network’s own development delays have contributed to skepticism among many investors. The long-promised KYC rollout, the V23 upgrade, and full mainnet decentralization have created frustration among users who had anticipated faster progress. Related Reading: Pi Network Faces Obstacles As Price Wobbles Below $1, What’s Happening? In a lengthy post on the social media platform X, prominent community member Mr Spock urged the Pi Core Team to take what he described as bold economic steps to restore stability and build a valuable and sustainable economy. He called for a comprehensive buyback and burn program, noting that aggressive deflationary measures are the only way to protect Pi’s value. According to him, the Core Team should buy back Pi from the open market, permanently burn all transaction fees instead of recycling them, and stop flooding the market with excess supply. He further suggested that Pi’s mining model must be reconsidered either by ending it completely to lock the supply or by introducing utility-based mining that rewards only those who contribute real value to the ecosystem. At the time of writing, Pi Network is trading at $0.3552, down by 1% in the past 24 hours. A drop below $0.350 could guarantee further declines to $0.34. Featured image from Medium, chart from Tradingview.com
Researchers say mispricings on Polymarket let traders lock in guaranteed profits—and the same could be happening across other event-betting platforms.
The next phase of digital asset investing belongs to those who treat this space not as a thematic allocation, but as a dynamic alpha-centric market where strategy, speed, and sophistication are decisive.
Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.
Stablecoins are quietly rewriting the rules of global finance. They give anyone, anywhere, access to money that moves instantly, across borders, with incentives aligned to users rather than banks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bullish secures NYDFS BitLicense and Money Transmission License, unlocking crypto trading and custody services for institutions in New York.
A new W 2.0 tokenomics plan includes increased earning opportunities for token holders as well as a strategic reserve.
US-based REX Shares has stirred significant anticipation in the crypto community by announcing the launch of its Dogecoin (DOGE) and XRP exchange-traded funds (ETFs) on September 18. Imminent Launch Of REX Shares’ DOGE And XRP ETFs? In a post on social media platform X (formerly Twitter), REX Shares promoted the upcoming launch of the REX-Osprey XRP ETF, under the ticker symbol XRPR, and the REX-Osprey DOGE ETF, designated as DOJE. Related Reading: BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ These ETFs can potentially be the first exchange-traded products that allow US investors to access Dogecoin and XRP. This could open new avenues for retail and institutional investors and increase demand, which could further raise their prices. Nate Geraci, co-founder of the ETF Institute, echoed REX Shares’ excitement, emphasizing the significance of these products. He declared, “First ever DOGE ETF, period. First XRP ETF offering spot XRP exposure.” Crypto ETF Surge In Coming Months Bloomberg ETF experts Eric Balchunas and James Seyffart have recently projected that REX-Osprey’s offerings could hit the market on Thursday, despite the SEC’s recent extension of decisions for other cryptocurrency ETFs. The landscape for ETF approvals is further complicated by the delayed amendment for BlackRock’s Ethereum staking application, which has also been postponed to October 30. Balchunas attributes these delays to ongoing coordination between the SEC and exchanges like Cboe and NYSE regarding updated listing standards. Related Reading: ‘It’s Hyperliquid Moment,’ Circle States, Seizing HYPE’s 1,500% Surge With New Investment However, Balchunas anticipates that streamlined procedures, expected to be approved in October, could lead to a “flood of ETFs probably in a couple months,” significantly enhancing institutional adoption of cryptocurrency investments. Despite the bold proclamation from REX Shares, the US SEC has yet to officially confirm the approval of these ETFs or any similar applications from other firms seeking to provide direct exposure to the spot prices of these digital assets. Featured image from DALL-E, chart from TradingView.com
Nakamoto, chaired by David Bailey, plans to acquire BTC Inc through an all-stock deal pending completion of the companys audit.
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P2P.org has joined the $4T Canton Network as a validator, underscoring the rise of institutional blockchain infrastructure.
Bitcoin’s volatility may rise after today’s FOMC, but it is unlikely to result in a new directional move, hinting at continued range-bound action for a few more days.
The XRP price is once again at the center of discussion in the cryptocurrency market after a market expert reiterated their bold long-term forecast. The founders of EasyA, Dom and Phil Kwok, say the token still has the potential to hit $1,000, even if it takes longer than first expected. They explain that the short-term view is not yet clear, but the long-term case for XRP remains strong. EasyA Founders Stand By $1,000 XRP Price Prediction Dom and Phil Kwok joined host Tony Edward on the Thinking Crypto podcast to share their updated thoughts on XRP. Edward recalled their earlier bold forecast of $1,000 by 2030, which still excites many supporters. Dom Kwok made it clear that the short-term outlook is still “formulating,” meaning they are not ready to set a concrete target for the current cycle. However, he confirmed that the long-term thesis remains intact, and the bold forecast is still alive. Related Reading: Crypto Analyst Debunks XRP Price To $10,000 Claims, Reveals How High It Can Go According to Dom, a significant amount of new money could enter the market once the rules are clarified. When those approvals are in place, Dom believes that large amounts of new capital could flow into XRP. The market expert noted that the legal teams of hedge funds and asset managers are working out the rules to determine how they can start investing in other tokens. With the SEC lawsuit against Ripple now resolved, many of the barriers that held back institutions are gone. For the EasyA founders, this shift in the investment landscape is key to why the XRP $1,000 price target remains in place. Network Effects And Developer Momentum Strengthen XRP’s Case Phil Kwok spoke about another driver for the XRP’s growth: network effects. He explained that when prices rise, more developers become involved and build. Recent performance shows why the EasyA founders remain confident. The XRP price has climbed 456% since last year, trading above $3, and it is now the best-performing large-cap altcoin. Related Reading: Dogecoin Price Could See Another Double-Digit Surge This Week As These Developments Take Place Dom also pointed out that price charts matter because falling prices scare off both users and builders. With the XRP price showing steady gains, it is drawing more investors and developers to its network. The short-term outlook is still uncertain, but the long-term belief in $1,000 continues to drive discussion. While Dom and Phil Kwok stand by their bold forecast, other experts, such as Matthew Brienen of CryptoCharged, have suggested that the price could reach that level by 2035 instead. Even with the extended timeline, XRP’s strong position, growing utility, and the attention of institutions and developers all point toward a long-term path of significant growth. For many in the XRP community, the $1,000 price target remains a central rallying point, even if the timeline shifts. Featured image from DALL.E, chart from TradingView.com
Solana’s Alpenglow upgrade promises 100-150 ms transaction finality — faster than a Google search. Explore how this leap could transform DeFi.
Prediction markets are putting money on the Fed chair’s favorite hue, a subtle signal that the central bank wants to stay above the partisan fray.
The Peter Thiel-backed firm went public on the NYSE in August.
The new contracts will include both standard and micro-sized options on SOL and XRP futures, CME Group said.
The Bitcoin options market reflects caution, while top traders increased their bullish positions as optimism in a Federal Reserve rate cut grows.
Ondo Finance's USDY launch on Stellar could enhance global access to yield opportunities, bridging traditional finance with blockchain tech.
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Launching first in Colombia, the app will allow users to receive and hold funds in USD-backed stablecoins.
Nvidia's share decline may signal investor caution, potentially impacting market confidence in AI-driven tech stocks.
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The U.S. Federal Reserve is set to announce its latest interest rate decision today, and the outcome could have a direct impact on the crypto market, including XRP. Fed Expected to Cut Rates The current Fed funds rate is at 4.5%. Markets are widely expecting a 25 basis point cut, bringing the rate down to …
Senator Elizabeth Warren and others say they're probing whether Sacks has improperly outstayed his "special government employee" status.
A Curve DAO proposal seeks to introduce Yield Basis, a protocol with a $60 million stablecoin mint that offers direct rewards to veCRV token holders.
The significant inflows into the Solana staking ETF highlight growing investor confidence in blockchain-based financial products.
The post REX Shares’ Solana staking ETF sees $10M inflows, AUM tops $289M for first time appeared first on Crypto Briefing.
XLM rebounded from overnight lows at $0.38, with strong demand at support levels and signs of institutional accumulation driving the token back above $0.39.
CME Group, the world’s largest derivatives marketplace, announced it will launch options on Solana (SOL) and XRP futures on October 13, 2025, pending regulatory review. What’s Coming The new contracts will cover SOL, Micro SOL, XRP, and Micro XRP futures, with expiries available daily, monthly, and quarterly. This gives market participants more ways to manage …