Well, well, well, if it isn’t another week of crypto madness. Pi Network is stirring the pot, Bitcoin (BTC) is soaring higher than your cousin’s dreams of becoming an influencer, and XRP-oh, XRP-might just be planning to hit the moon. Let’s dive in and see what happened!
Pi Network’s Big Updates
Earlier this week, Dr. Chengdiao Fan, co-founder of Pi Network, graced the stage at TOKEN2049 in Singapore. Imagine a speech that would make your grandpa’s lectures seem like a rave. The main takeaway? Pi Network rolled out new decentralized exchange (DEX) features and automated market maker (AMM) liquidity pools. Yes, it’s as techy as it sounds, and currently, it’s all locked in the Testnet-because we all know the best things in life are never immediately available.
These nifty tools let developers and Pioneers tinker with token swaps and learn about DeFi without risking their wallets on the Mainnet (that’s where the real stuff happens, folks). Official documentation is on the way-so maybe don’t buy that celebratory pi just yet.
Also, Pi Network wrapped up its .pi Domains Auction. Launched in mid-June, it allowed users to bid for unique names. But, don’t worry if you missed it-because apparently, nothing ever really ends. The auction window was extended for another 24 hours after its official close. Yes, it’s that kind of party, where you can still get in if you bid fast enough. 🕒
“However, if a domain receives a bid within the last 24 hours of the auction, the bidding window for that domain will automatically extend for 24 hours. If another bid occurs in the extended window, it will extend for an additional 24 hours, and so on.”
BTC on the Run
Hold onto your hats, because Bitcoin just broke above $120,000 again. The last time it did that, you were probably wondering why you didn’t buy more Bitcoin in 2013. But here we are, BTC now trading around $120,300-up 10% in just a week. It’s like the cryptocurrency equivalent of a rocket launch. 🚀
This surge is no coincidence. With the U.S. government shutting down, crypto enthusiasts are calling October “Uptober” (yes, really) as the month where fortunes are made. Long-term holders are accumulating, and whales are gobbling up Bitcoin faster than a buffet on a cruise ship. Just last month, analyst Ali Martinez scooped up over 3,800 BTC, and whales-those sneaky deep-pocketed investors-have bought over 30,000 BTC (worth a cool $3.6 billion) in the last 48 hours. A whole lotta Bitcoin just vanished into the abyss. 🐋
What’s Next for XRP?
Now, let’s talk XRP. This feisty token has been climbing the price charts alongside BTC, trading above $3. Analysts like Martinez are eyeing a breakout, with $3.60 as the next target. But wait-there’s more! Other analysts are taking it even further: Cobb sees XRP soaring to $6.32 by year-end, and Amonyx is dreaming of a $20 price tag (because why not? Let’s just throw numbers out like confetti).
Despite the optimism, let’s not get carried away. Investors are advised to keep an eye on the Relative Strength Index (RSI), which is currently flirting with the dreaded 70 mark. If that hits 70 or above, it could mean XRP is overbought, and a short-term pullback might be on the horizon. But if it dips below 30, well, that’s when the buying opportunity bells start ringing. 🔔
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2025-10-03 14:03