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Pi news update: Bulls aim to hold $0.47 support as bears reject breakout

Key points:
The recent announcement of two major features has failed to arrest the fall in PI price, but a bounce could start from $0.47.
Pi (PI) announced the release of two major features on Friday, but the news has failed to ignite the markets
Crypto market data daily view. Source:
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FATF’s crypto checklist hints at the next regulatory crackdown

Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule.
The Travel Rule mandates crypto service providers to collect and share users’ transaction data, similar t
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XRP price predictions above $3 in 2025 have one major flaw

Key takeaways:
XRP is forming a descending triangle, a pattern that’s historically bearish over half the time.
A breakdown below $1.80–$2.00 support could trigger a drop toward the $1 realized price level.
Despite bearish risks, fundamentals like an SEC resolution or XRP ETF approval could
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Bitcoin due to copy S&P 500 to hit new all-time high in July: Forecast

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Elon Musk’s xAI raises $10B as Trump threatens to unleash DOGE on him

Elon Musk’s artificial intelligence firm xAI has secured $10 billion in fresh capital, doubling down on its challenge to OpenAI as the race to dominate the AI landscape intensifies. The funds were evenly split between secured debt and strategic equity investments.
The influx gives xAI more
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Viking-themed project puts engaging gameplay at the heart of the metaverse

After three years of community-led development, Floki’s flagship metaverse game, Valhalla, is launching its mainnet, focusing on tactical gameplay and a sustainable token economy for a rich Web3 experience.
With market analysts projecting the metaverse to become a $1.1 trillion industry
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Malaysian regulator proposes easing crypto asset listing process

The Securities Commission Malaysia (SC) is seeking public feedback on a proposal that could allow cryptocurrency exchanges to list certain digital assets without first obtaining explicit approval from the regulator.
According to a Monday announcement, the regulator is considering liberalizing the f
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FATF warning on stablecoin crimes is not anti-crypto, intel firms say

A recent warning from the Financial Action Task Force (FATF) about the rise of stablecoin-related crimes does not pose a threat to the cryptocurrency industry, according to executives at blockchain intelligence firms.
The FATF’s call to address rising illicit stablecoin activity reflects the need f
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Centrifuge brings S&P 500 onchain in tokenized fund launch

Blockchain infrastructure platform Centrifuge has teamed up with S&P Dow Jones Indices (S&P DJI) to bring the S&P 500 Index onchain for the first time, according to a press release shared with Cointelegraph.
The collaboration introduces proof-of-index infrastructure for tokenized index products
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DOJ charges 4 North Koreans in $1M crypto theft from blockchain startup

Four North Korean nationals have been charged in Georgia for wire fraud and money laundering after posing as remote IT workers at US and Serbian blockchain companies and stealing almost $1 million in crypto, prosecutors announced Monday.
According to the US Department of Justice (DOJ), Kim Kwang
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Trump’s Big Beautiful Bill in overtime as senators jam crypto clauses

US Senate discussions over President Donald Trump’s mega tax and spending bill could go all night as senators look to tack on amendments, including some that would affect crypto.
The Senate’s vote-a-rama — where lawmakers can propose amendments that are rapidly voted on — for the Republicans’ One
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Major German bank to offer crypto trading by 2026 amid bank ‘FOMO’

German banking giant Sparkassen-Finanzgruppe reportedly has plans to adopt crypto trading services, giving its more than 50 million customers access to crypto trading by the summer of 2026 in a major shift for the institution.
Dekabank, a bank already involved in crypto, has been tapped to
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