Cryptocurrency market news today
Unlike commercial mining hardware that’s typically proprietary, Bitaxe offers open-source solutions. Enthusiasts like Skot claim that open-source mining better reflects Bitcoin’s core decentralized spirit—making this rare win even sweeter for Bitcoin purists canelo vs ryder stats.
Pool developer Con Kolivas emphasized how remarkable this feat was, estimating that similar rigs have less than a one-in-a-million daily chance of solving a block. Statistically speaking, the average wait time for success with a rig this size is roughly 3,500 years.
Naturally, investors turn to safety. Gold is the old guard: tangible, familiar, and stable. Bitcoin, meanwhile, is for those who believe the digital age requires digital solutions. Both assets are benefitting, but the why behind each is telling.
Cryptocurrency news etrscrypto
Sadé Lemons, the public relations and social media manager for the Better Business Bureau of Greater Maryland, said with crypto being online, it’s easy for scammers to get money and personal information from others.
“It’s this confusing compensation structure that the scammers try to tell them, and it looks like, hey, if I pay $10 to rate this product, I’ll get $15 in return, so then once they do that round, the scammer says, okay, well, you need to deposit more money to get to the next round of work,” said SA Paniwozik.
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According to the FBI’s 2023 Cryptocurrency Fraud Report, cryptocurrency-related complaints only made up around 10 percent of total financial fraud complaints, however, the stolen value accounted for almost 50 percent of total losses.
“There is no cap on whether you want to move $1 to hundreds of millions or billions of dollars. You can just seamlessly move that from a wallet controlled in the United States to a wallet controlled overseas, in, you know, a matter of seconds,” SA Paniwozik warned.
“I was contacted by this gentleman who said he was an engineer out of Europe and he was working on an oil project,” a victim said. “Within about three weeks, he sent me this lovely floral bouquet and a basket.”
Pi cryptocurrency news
Crypto analyst Dr Altcoin revealed that a mystery account has collected 350.5 million Pi coins, worth over $125 million. This makes it the sixth-largest Pi wallet, following only the known wallets connected to the Pi Foundation and its liquidity reserve.
While a detailed recap is still pending, early posts suggest PiFest was a hit. Merchants and shoppers participated, showcasing Pi’s potential as a medium of exchange. The event stands out in March’s Pi news cycle, reinforcing the narrative that Pi is more than a digital token but a tool for ecommerce. Stay tuned for the full PiFest report, expected soon on the Pi Network blog, which promises deeper insights into its impact.
Traders are closely watching for a clean break above $0.642, which could trigger a relief rally to $0.7121. Conversely, a breakdown below $0.5522 might accelerate selling pressure and push prices toward $0.48.
Although there have been a few hiccups, as expected from a large userbase, Pioneers are generally excited about Pi’s trajectory. As this Pi news roundup shows, the ecosystem is in a dynamic phase. The forthcoming PiFest recap could provide much-needed data on transaction volumes and participation, revealing its success story. Meanwhile, the progress of the .pi Domains Auction will be worth watching.
The Pi price is currently around $0.35, which is just above its all-time low of $0.34. But it could face more selling pressure soon. In August 2025, 156 million Pi tokens are scheduled to be unlocked and enter the market. At the current price, that’s nearly $68 million worth of tokens.
