Normal view

Yesterday — 7 April 2026Main stream

Bitcoin Price Prediction For April 8

Bitcoin price analysis $69K resistance

The post Bitcoin Price Prediction For April 8 appeared first on Coinpedia Fintech News

Bitcoin is moving through a period of uncertainty, with prices yet to find a clear floor. There is no single level that guarantees where the correction will end. Instead, analysts are piecing together clues from past cycles, price behavior, and technical signals to understand what might come next.

Where Buyers May Step In

As prices move lower, attention is shifting to areas where demand could return.

There is expected interest around $55K–$56K, which may act as the first cushion. If that level fails to hold, the next areas of interest sit near $43K–$44K, followed by a much deeper zone between $32K and $36K.

That lower region stands out because multiple signals point to it as a place where the market could stabilize after a prolonged decline.

A Deeper Drop Is Not Unusual

At current levels near $69K, a move down toward $35K would mark roughly a 50% decline.

While that sounds dramatic, it would not be out of character for Bitcoin. The asset has gone through similar resets before, often as part of its broader cycle.

In fact, the market has already seen a drop of more than 50% during this phase, showing how volatile these cycles can be.

Short-Term Moves May Be Misleading

In the near term, Bitcoin could still attempt a recovery bounce.

If support levels hold, prices may drift higher toward resistance around $74,000–$75,000. But any upside movement is likely to be gradual and limited, as rebounds during corrections tend to lack strong momentum.

A Familiar Cycle Playing Out

What’s happening now is not entirely new. Bitcoin has historically followed a pattern where strong rallies are followed by a cooling-off period in the following year. The current correction appears to be unfolding along similar lines.

While no cycle repeats perfectly, the broader rhythm remains recognizable. Right now, the focus is on how Bitcoin behaves around critical price zones.

If the market holds above $56K, it could allow for temporary relief. A break below that area, however, may open the path toward lower levels, with momentum shifting more clearly to the downside.

Pi Network Users Raise Concerns Over Mainnet Migration Delays and Price Growth

Pi Network News

The post Pi Network Users Raise Concerns Over Mainnet Migration Delays and Price Growth appeared first on Coinpedia Fintech News

The Pi Network community is at an important turning point. Many early users are now raising concerns about delays in moving their coins to the mainnet and questioning the project’s future value.

These issues are becoming harder to ignore and could affect how the network grows from here.

Delays in Mainnet Migration Frustrate Users

One of the biggest concerns is the slow migration process.

Dr. Pi, an early member of the community, shared what many users are feeling. Even after completing KYC verification, a large number of users still have not received their full Pi balance on the mainnet.

He explained the situation clearly: even if someone mined a large amount of Pi, only a small portion may be available on the mainnet, with the rest stuck in delay. Because of this, many users are losing interest. According to him, less than 5% of the people he invited are still actively mining.

Price Growth Remains a Big Concern

Beyond technical delays, many users are also thinking about Pi’s value. There is a growing belief that the success of the network depends heavily on the price of Pi increasing over time.

Many people joined Pi Network with hopes of financial gains, similar to what happened with early cryptocurrencies like Bitcoin and Ethereum.

Why Price Matters for the Network

If the price does not rise, users may start losing motivation.

This could lead to:

  • Fewer active users
  • Less mining activity
  • Lower overall community engagement

If this continues, it could weaken the entire ecosystem.

On the other hand, a higher price could bring new energy into the network. It could attract investors and help fund future development.

Some believe that reaching price levels like $3.14 or even $10 would signal that Pi Network is becoming a serious player in the crypto space.

What Pi Network Needs to Do Next

At this stage, the project needs clear direction. Dr Pi said that to move forward, the network must:

  • Improve communication with users
  • Speed up the mainnet migration process
  • Build confidence around Pi’s long-term value

If these issues are addressed, trust can be rebuilt and user activity can grow again.

XRP Price Could Surge From $3 to $25 as Wall Street Pressure Builds, Says Macro Expert

XRP Price Prediction

The post XRP Price Could Surge From $3 to $25 as Wall Street Pressure Builds, Says Macro Expert appeared first on Coinpedia Fintech News

Macro analyst Dr. Jim Willie said XRP could see a sharp upward move if it clears important price levels, outlining a progression from lower ranges to double-digit territory.

“Let’s be concerned about once we get past three and five, we’re going straight to 12 and 25. That’s where XRP is going,” he said.

He said these levels as the primary focus, rather than higher speculative targets.

Tied to Wall Street Conditions

Willie linked this outlook to stress within the traditional financial system, particularly among large banks. “Because Wall Street is insolvent and they need to get bailed out and they’re going to use the XRP as a device,” he said.

He also pointed to what he described as a signal late last year, following Ripple’s banking license. “They gave it away in November, December when Ripple got the bank license,” he said.

Claims of Institutional Coordination

The analyst further said that major financial institutions are coordinating behind the scenes.

“It’s like they had some backroom deals,” he said. He added that firms such as JPMorgan and BlackRock are attempting to shape upcoming regulation.

“JP Morgan and BlackRock are trying to write the Clarity Act,” he said, referring to proposed regulatory frameworks. According to Willie, these efforts could include provisions related to digital identity and potential limits on staking, rewards, and dividends.

Regulation and Political Pressure

Willie also referenced political dynamics around the banking sector. “Donald Trump is criticizing the big banks… This is very dangerous,” he said. He added that large financial institutions are likely to support regulatory clarity due to cost efficiencies.

“Wall Street is going to want the Clarity Act done because they’re going to realize 80% to 85% reduced costs in their transfers,” he said.

XRP’s Role in Payments

According to Willie, XRP could play a role in cross-border settlement systems. “XRP is going to become the standard neutral bridge asset,” he said.

He linked this view to broader macroeconomic concerns, including a potential bond and credit crisis.

Trigger: Credit Market Stress

Willie said XRP’s movement would likely coincide with a breakdown in trust across financial systems.

“When we have a big global credit crisis and there’s distrust between A and B on how they make payments… XRP eliminates the corresponding bank escrow,” he said.

He also cited the scale of capital tied up in existing systems. “There’s 25 to 27 trillion in corresponding escrow capital… 8 to 10 trillion in the United States,” he said.

Why is Crypto Market Crashing Today?

Crypto Crash Today

The post Why is Crypto Market Crashing Today? appeared first on Coinpedia Fintech News

Crypto markets fell on Tuesday as a geopolitical crisis that has been building for weeks approaches what could be its most dangerous moment yet.

The total crypto market cap has dropped to $2.33 trillion, down 2.45% in 24 hours. Bitcoin is trading around $68,149, Ethereum has slipped to $2,079 and XRP is down to $1.29.

What Is Happening Right Now

Iran has cut off all direct diplomatic communications with the United States after President Trump posted what many interpreted as a threat of total destruction, writing that “a whole civilization will die tonight.” Iran is now also threatening to close the Bab el Mandeb Strait, a critical shipping lane through which 10% of all global trade passes. The Strait of Hormuz is already closed.

If both straits close simultaneously, 30% of global trade loses its primary route. Oil has surged above $116 a barrel.

Trump’s 8 PM Eastern deadline is now hours away, and negotiators are described as pessimistic that Iran will comply. It marks the fifth time the deadline has been set, extended and reset since the conflict began. This time, markets are not treating it as another postponement.

Stocks Are Being Hit Too

The damage is not limited to crypto. US equity markets absorbed a brutal session on Tuesday with $650 billion wiped from valuations. The Nasdaq fell 1.34%, the S&P 500 dropped 0.95% and the Dow Jones shed 0.84%. Risk assets across the board are pricing in the same fear.

Crypto’s correlation with the Russell 2000 ETF currently sits at 79%, confirming this is a macro-driven selloff rather than a crypto-specific event.

What Triggered the Crypto Drop Specifically

Beyond the geopolitical issues, the crypto market had its own internal vulnerabilities that the macro pressure exposed.

Over $58 million in Bitcoin was liquidated in 24 hours, with $40 million coming from long positions. Over-leveraged bullish bets were caught offside and forced selling accelerated the decline. 

Perpetual funding rates turned negative at -0.0042%, meaning traders are now paying to hold short positions, a sign that bearish positioning is taking hold across derivatives markets. Open interest rose 8.25% during the decline.

What to Watch

Bitcoin holding $68,000 is the immediate technical priority. A sustained break below that level opens the path toward testing the yearly low around $2.17 trillion in total market cap.

Beyond the price levels, the SEC’s CLARITY Act roundtable on April 16 remains on the calendar as a potential positive catalyst if the geopolitical situation stabilises before then.

Pi Network News: First KYC Reward Distribution Pays 0.0504 Pi Per Validation at 21x Mining Rate

Pi Network News

The post Pi Network News: First KYC Reward Distribution Pays 0.0504 Pi Per Validation at 21x Mining Rate appeared first on Coinpedia Fintech News

Pi Network has completed its first round of KYC validator reward distributions, marking a significant milestone for the project’s decentralised human workforce model.

The rewards cover more than 526 million validation tasks completed by over 1 million human validators, work that contributed directly to verifying the identities of 18 million people across Pi’s global network. All validators with active Mainnet wallets have now received their payments on the blockchain.

How the Rewards Were Calculated

The reward pool was built from a simple mechanism. Every Pioneer who migrated to Mainnet contributed 1 Pi into the pool. With 16.5 million successful migrations, the base pool stood at 16.5 million Pi. The Pi Foundation added a further 10 million Pi to supplement the first round, recognising that early validators were still learning the process during the initial bootstrapping phase.

The final calculation divided the total pool of 26.5 million Pi across 526,970,631 successful validations, arriving at a price per validation of approximately 0.0504 Pi, equal to roughly 21 times the current base mining rate.

To qualify for this round, validators needed to have completed at least 50 validations reaching majority agreement by March 5, 2026.

What It Means for Pi’s Broader Vision

Beyond the numbers, Pi Network is positioning this milestone as proof of something larger. The project argues that it has solved a problem that most AI-focused platforms have struggled with: actually getting humans to show up and contribute at scale.

Over half a billion tasks completed by more than a million people, with payments processed directly through the Pi blockchain, is a data point the network will likely lean on heavily as it builds toward human-in-the-loop AI applications and broader decentralised work opportunities.

Future reward rounds are expected to see higher per-validation rates as AI handles more routine checks and fewer human validations are needed per application, meaning the pool gets divided among a smaller number of tasks.

How to Participate Going Forward

Validators who missed the first round can still position themselves for future distributions. Pi Network is encouraging all eligible Pioneers to complete the Mainnet Checklist, set up a Mainnet wallet and begin contributing validation work now ahead of the second distribution round.

The reward rate per validation is expected to vary across future rounds based on pool size, total validations completed and evolving accuracy criteria.

Before yesterdayMain stream

Aave Price at Risk? Chaos Labs Exit Sparks DeFi Stability Concerns

AAVE Price Recovers as Binance Outflows Rise: Accumulation Underway?

The post Aave Price at Risk? Chaos Labs Exit Sparks DeFi Stability Concerns appeared first on Coinpedia Fintech News

In another blow to the decentralized finance giant, Chaos Labs has announced it will step away from its role as a key risk manager for Aave, raising new concerns about the protocol’s operational stability and governance direction.

The decision, shared publicly on Aave’s governance forum, shows growing tensions within the DAO over how risk should be managed as the protocol scales.

A Deepening Rift Over Risk Strategy

Chaos Labs did not frame its exit as abrupt or reactionary. Instead, the firm described a “fundamental misalignment” in how risk management should evolve within Aave’s ecosystem.

After three years of involvement, including navigating volatile market cycles and scaling challenges, the firm argued that discussions around the protocol’s future only made the gap in vision more apparent.

At the heart of the disagreement is not just technical execution, but governance philosophy: who bears responsibility for risk, and how that responsibility should be funded and structured.

Mounting Operational Pressure

The firm outlined three pressures that made its continued involvement untenable:

  • A shrinking pool of core contributors, increasing workload and operational exposure
  • The upcoming V4 upgrade, which expands the scope and legal burden of risk management
  • Persistent financial strain, with risk operations reportedly running at a loss

Chaos Labs revealed that even with a $1 million increase in budget, its work on Aave would still operate with negative margins, a situation it deemed unsustainable.

A Pattern of Departures

The exit does not occur in isolation. Other contributors, including BGD Labs and Aave Companies Initiative (ACI), have also stepped back in recent months.

This pattern could mean a broader structural issue within Aave’s DAO, where increasing complexity and expectations may be outpacing incentives and coordination mechanisms.

What This Means for Aave

Aave remains one of the largest DeFi protocols globally, but the departure of multiple core contributors could test its resilience.

Risk management is not a peripheral function in DeFi. It is central to maintaining liquidity, protecting users, and ensuring protocol solvency during market stress.

Chaos Labs’ exit raises a critical question: can Aave recalibrate its governance and incentive structures quickly enough to retain and attract the expertise it depends on?

Will Bitcoin Price Drop Below $60000?

Bitcoin Price Prediction March 2026 Macroeconomist Says BTC Will Hit $100K

The post Will Bitcoin Price Drop Below $60000? appeared first on Coinpedia Fintech News

Bitcoin investors hoping for a quick recovery may need to be patient. That is the message from Katie Stockton, founder and managing partner of Fairlead Strategies, who appeared on CNBC’s Squawk Box this week.

Bitcoin Is Boring Right Now and That Is the Point

Stockton’s Bitcoin read was measured but clear. She sees the current price action as a prolonged basing phase with support sitting in the $58,000 to $59,000 range, and she expects multiple retests of that level before any sustained move higher becomes possible.

“It’s a cyclical downtrend and that’s the dominant feature on the chart right now,” she said. “I think we can assume there are going to be retests of support, maybe more than one.”

For crypto investors watching for a bottom signal, Stockton said the charts are not there yet. There are no oversold upturns, no breadth extremes and no sentiment readings that would typically confirm a durable low. Her advice was: do not chase brief relief rallies and wait for the weight of evidence before adding exposure aggressively.

At the time of writing, Bitcoin is trading near $70,000 and is up by more than 3% in the last 24 hours.

Why the Macro Picture Matters for Crypto

Bitcoin does not move in isolation and Stockton’s broader market outlook adds important context for crypto traders.

The S&P 500 recovery last week, which clawed back roughly 4% from recent lows, does not look sustainable in her view.  For risk assets including crypto, a continued equity correction and widening credit spreads create an unfavourable backdrop. Stockton added that even a ceasefire in the Strait of Hormuz may not be enough to fully reverse the damage already building in financial markets.

“I think it needs to be more than just reopening the Strait to fix the market at this point.”

Macro Analyst Says XRP, Gold And Blockchain Are the Three Pillars of the New Financial System

Is 2026 the Year Banks Finally Adopt XRP Clarity Act and Ripple’s Next Move

The post Macro Analyst Says XRP, Gold And Blockchain Are the Three Pillars of the New Financial System appeared first on Coinpedia Fintech News

The moment XRP was classified as a digital commodity, something shifted in the conversation around it. Not just legally, but structurally.

“Hallelujah,” was how one analyst put it on air. “Finally we got some definition. Now that we have the definition, we can move to the next step.”

That next step, according to macro expert Dr. Jim Willie and his co-discussants, is tokenisation at a scale most people are not yet thinking about.

The DTCC Connection

The numbers being cited are not small. The Depository Trust and Clearing Corporation, which sits at the centre of global securities settlement, holds patents referencing XRP for settlement purposes. The DTCC is also said to have a close working relationship with affiliates of Citadel Securities, which made a $500 million investment in Ripple in November.

The DTCC processes what analysts described as a quadrillion dollars in transactions, a number so large it genuinely resists comprehension. The argument is: if Ripple and XRP capture even 1% of that flow, the implications for price are profound.

“The only way it will work with minimum friction is if the XRP price is over $500,” he said. “The higher the price, the more liquid the asset. The easier things move on the rails.”

Dollar Distrust Is the Real Story

The backdrop, according to Dr. Willie, is a global financial system under visible and accelerating strain. The US government is adding roughly a trillion dollars in debt every hundred days. Military spending has crossed $1.5 trillion. Total obligations, when social security, pensions and off-balance-sheet liabilities are included, may exceed $100 trillion.

That level of debt is quietly reshaping behaviour between trading nations.

“They don’t want the dollar in the room when they’re moving money around,” one speaker noted, pointing to the growing preference among BRICS nations and bilateral trade partners for settlement rails that bypass Washington entirely.

Dr. Willie went further, describing the current conflict in Iran as a smokescreen designed to distract from a deeper structural transition already underway. The real story, in his view, is the accelerating shift from a debt-based monetary system toward one anchored in gold, blockchain technology and select digital assets.

XRP in this framing is not simply a crypto token. It is a neutral settlement bridge between counterparties who no longer share a trusted currency.

Regulation as the Starting Gun

Dr. Willie’s core argument is that regulatory clarity around digital commodities is not bureaucratic housekeeping. It is a signal that governments have stopped resisting the transition and started directing it.

“Regulation signals that institutions are about ready to migrate from legacy rails into the future architecture,” he said. “The governments are no longer resisting the transformation. They are shaping it. All of this is being built for institutional deployment at scale.”

Traditional finance, in his view, is not being reformed. It is being replaced. XRP, alongside a handful of other digital commodities, sits at the centre of what replaces it.

Why Are Bitcoin, Ethereum and XRP Prices Going Up Today?

Why Is the Crypto Market Up Today Bitcoin, Ethereum & XRP Lead Broad Rally

The post Why Are Bitcoin, Ethereum and XRP Prices Going Up Today? appeared first on Coinpedia Fintech News

Crypto markets are in the green on Monday, with Bitcoin, Ethereum and XRP all posting modest gains after weeks of subdued price action. 

Bitcoin is trading around $69,137, up 3% in 24 hours. Ethereum has climbed to $2,131, gaining nearly 4%. XRP is holding near $1.33, up roughly 2% on the day.

Iran Talks Are Moving Markets

The immediate catalyst appears to be geopolitical. Reports emerged Monday that the United States and Iran are discussing a 45-day ceasefire deal that could lead to a permanent end to hostilities. Regional mediators reportedly proposed a two-phase plan as a Tuesday deadline approaches.

This is the fifth deadline in 17 days. Previous extensions on March 21, March 23, March 26 and April 4 each produced brief market recoveries before tensions returned. Experts are watching closely to see whether this round produces a genuine resolution or another postponement.

President Trump added further colour on Monday, explaining that he ordered strikes on Iranian bridges after Iran asked for a five-day delay in direct negotiations. “I felt they were not being serious,” he said.

Institutions Are Still Buying

Institutional demand has remained steady. Spot Bitcoin ETFs absorbed approximately 50,000 BTC in March, the highest monthly pace since October 2025. Strategy added another 44,000 BTC over the same period.

Morgan Stanley also received regulatory approval for a spot Bitcoin ETF this week, connecting roughly 16,000 financial advisors managing a combined $6.2 trillion in assets.

A Busy Week Ahead

Markets have several events to navigate before the week is out, including Fed meeting minutes on Wednesday, February PCE inflation data on Thursday and continued developments on the Iran situation. Any one of these could shift sentiment quickly in either direction.

❌
❌