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The US Senate scheduled a final vote on the GENIUS Act
The US Senate has scheduled a final vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act for Tuesday, June 17. This legislation, designed to establish a comprehensive regulatory framework for stablecoins, has garnered significant attention as it nears potential passage . The announcement followed a procedural vote for the GENIUS Stablecoin Act carried out by the US Senate on Thursday, June 12, which might lead to fresh crypto regulation. The bill seeks to introduce a regulatory landscape for stablecoins to the crypto space, a milestone for the growing industry as trading and on-chain activity are expected to rise. John Thune believes the GENIUS Act will make crypto a common part of daily life Addressing the Senate floor on Wednesday, Majority Leader John Thune called for members of Congress to vote to pass the bill. The action doubles down on many of US President Donald Trump’s talking points regarding digital assets, such as how the legislation will help bring the US to the crypto capital of the world. In a 68-30 vote, the US Senate voted to advance the GENIUS Act. This took place more than a month after it was introduced. Several senators, including Democrats, voted to invoke cloture for the bill, putting it on the path for debate and a full floor vote before potentially moving it on to the House of Representatives for further discussion. Thune highlighted that they aim to make cryptocurrency a common part of everyday life, and the GENIUS Act will assist them in achieving that. He further stated that Congress had more work to do on digital assets, referring to a separate market structure bill working its way through the House. Regarding the bill mentioned by Thune, two House committees voted on Tuesday to move forward with the CLARITY Act, clearing the way for a full floor vote soon. Analysts have pointed out the US could become a leader in regulating digital currencies worldwide if the law passes. Based on their argument, this important federal guideline might set new standards for regulators checking other cryptocurrencies. Senator Elizabeth Warren calls for the Senate to stop Trump’s corruption Despite the celebration behind getting the GENIUS Act through the final approval, Senator Elizabeth Warren of Massachusetts took to the Senate floor to say there were “serious issues” with the GENIUS Act. Warren raised concerns tha t th e chamber did not tackle the issue by not voting on some bipartisan changes. She also echoed questions from many Democrats about Trump’s links to his family-backed crypto platform World Liberty Financial and accusations that supporters who hold his meme coin will be treated to dinner and have access to the president. Warren stated that Trump’s crypto business allows him to easily trade presidential favors like tariff breaks, pardons, and government jobs for hundreds of millions, maybe even billions, from foreign countries, wealthy individuals, and big companies. Therefore, according to her, by approving the GENIUS Act, the Senate will support this corruption and help it grow. Warren added that the GENIUS Act has many gaps and lacks strong protection, consumer protection security, and financial health. While many Democrats voted to invoke cloture, some still ask Republicans to consider amending the GENIUS Act. Still, it is unclear whether the bill will have the support in the chamber, where Republicans have a slim majority, to pass. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

2025-06-13 06:30
SHIB Hits Roadblocks as Lightchain AI Gains Momentum With Practical Solutions
Shiba Inu (SHIB) has continued to face challenges as it struggles to maintain its move upward as the competition in the market increases. Despite the strong backing of its community, investors have questioned the project’s response for real-world use and sustainability. In contrast, Lightchain AI is gaining attention by focusing on the things investors need using blockchain-based solutions. The project has already raised $18.6 million during its presale, showing that early participants are strongly supporting it. Priced at $0.007, Lightchain AI offers investors clear use cases by mixing blockchain technology and artificial intelligence, positioning itself as the best project while other tokens continue to face pressures to prove their worth. SHIB Struggles to Maintain Traction Shiba Inu (SHIB) had been finding it difficult to stay up as the volatility in the market reached new highs. Lately, SHIB saw a 1.65% gain which took its price to $0.00001445 per unit in the last seven days. Analysts’ votes on the SHIB price in 2025 are different, with some predicting a price of $0.00001126, while others are predicting $0.00005797. Nevertheless, some predictions might fail because SHIB depends on market movements and investor activities. In order to make a comeback or preserve its remaining value, the project might look at adding newer technologies and improve its platform to attract its community and its critics. Lightchain AI Advances with Real Utility Lightchain AI has been improving its platform, adding real-world uses. The platform allows decentralized AI execution using secure workflows, ensuring that tasks like mode training and inference are carried out easily across the network. Gas fees are also adjusted based on how complex the task is, making the platform cost-effective for users and developers. Governance is also carried out by its community, with on-chain voting and transparent proposals ensuring that the initiative is led by the right individuals. The structure balances scalability with accountability. Lightchain AI also provides utility, using its capped token supply to position itself as a platform that is ready for long-term adoption in the decentralized AI sector. Lightchain AI- Smarter Bet in Crypto According to its developers they want to change the crypto industry withLightchain AI (LCAI), combining artificial intelligence and blockchain technology, and it is catching the attention of investors. The platform uses a Proof of Intelligence (PoI) consensus, with its rewards nodes completing AI computations and enhancing security and efficiency. The platform handles AI-driven tasks and helps developers create decentralized applications using its Artificial Intelligence Virtual Machine (AIVM). Investors have been attracted to Lightchain AI, with its presale raising $18.6 million and tokens priced at $0.007. As the mainnet approaches, LCAI is more than just another digital asset, it is an opportunity to enjoy benefits of the AI-driven blockchain platform. Don’t miss the chance to invest in this token! https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf Tweets by LightchainAI https://t.me/LightchainProtocol

2025-06-13 06:00
Solana and Neo Pepe NEOP Discover Proven Investing Strategies
The attention around meme coins has taken the crypto industry by surprise, especially coins on Solana. Investors are now noticing a pattern where most Solana meme coins go extinct hours after being launched. Now, they all agree it is time to look beyond hype and into sustainable solutions. Neo Pepe Coin ($NEOP), is a meme coin breaking the trends by combining meme features with utility. If you are a crypto investor looking to make bold moves while steering clear of risks, this blog provides you with the information you need about Neo Pepe Coin and why its presale could be your golden opportunity in the market. Why Bitcoin Whales Are Turning to Neo Pepe Coin Meme coins have often been described as speculative, but Neo Pepe Coin is changing what people think. Unlike most meme coins, Neo Pepe mixes its identity with features that investors cannot ignore. It provides them with the best tokenomics, smart contracts, and an approach that puts its community first. Interestingly, Bitcoin Whales have been quietly buying Neo Pepe during its presale phase, and this is because they are in the market to purchase tokens that could add value to their portfolio in the long term. The project promises features like early-buyer bonuses, scarcity from token burning, and Ethereum liquidity pool integration, making $NEOP the best choice for their wallet. How Solana Meme Coins Are Falling Short Solana has been known to host different meme coins, but these trends always collapse under the pressure of the token’s popularity. Solana traders always shift between new projects, causing most tokens to experience what is called pump-and-dump. Neo Pepe’s approach is different, with the project adding real-world applications into the meme ecosystem. This development appeals to both meme coin users and investors tired of seeing their profits vanish into thin air. Key Insights Solana meme coins are known for sharp price rises followed by quick dumps Neo Pepe Coin changes this pattern by using features like DeFi staking, NFT applications, and play-to-earn gaming. Lessons from Pi Coin, Neo Pepe’s Winning Strategy Pi Coin initially gained attention due to its promise of allowing users to mine digital assets on their mobile. However, in the last few months, there have been questions surrounding its legitimacy, leading investors to be unsure of its value. On the other hand, Neo Pepe Coin looks to deliver what Pi Coin could not, including: Utility Application The project provides features like DeFi staking, NFT trading, and play-to-earn gaming, ensuring Neo Pepe serves a better purpose. Community Governance Using its DAO (Decentralized Autonomous Organization), token holders can shape the future of the project, encouraging inclusivity and trust. Game-Changing Features of Neo Pepe Coin What makes Neo Pepe stand out in the crypto market is the combination of humor, technological development, and mechanisms focused on investors: Cutting-Edge Smart Contracts Neo Pepe’s smart contracts are built for more than memes. They show the important financial activities, which include: Staking and Passive Income Invest your $NEOP tokens in DeFi staking pools to earn stable rewards. NFT Marketplace Access Use Neo Pepe’s NFT to trade digital collectibles, using smart contracts for trustless processing. Play-to-Earn Gaming Crypto gaming fans will love Neo Pepe’s integration of secure, transparent in-game rewards. Integration with Ethereum Liquidity Pools Neo Pepe connects to Ethereum’s ecosystem, creating a dual network with strength that increases its market appeal. Here is why it matters: Reduced Slippage Ethereum integration will help the platform stabilize transactions during volatile periods. Expanded Audience Access to Ethereum opens Neo Pepe to a bigger audience Effortless Cross-Platform Visibility Being part of Ethereum liquidity pools means Neo Pepe benefits from Ethereum’s market influence. Deflationary Tokenomics The value of digital assets sometimes reduces before investors can get to move them, but that is unlikely with Neo Pepe, thanks to its tokenomics. With a system designed to increase scarcity, $NEOP drives growth through: Token Burning A portion of every transaction is burned to reduce supply and maintain scarcity. Price Stability for Long-Term Holders This scarcity creates upward price pressures, rewarding loyal investors. Community Rewards Those holding $NEOP are entitled to benefits, making loyalty rewarding. Why Whales Are Keen on Neo Pepe Presale Some of the biggest traders in the market, Bitcoin Whales, don’t invest by accident. Their interest in Neo Pepe shows that the project has potential. Here is what they love about the project: Discounted Entry Whales know that presales offer the lowest price for maximum ROI. Neo Pepe delivers the best deals. Exclusive Bonuses The project also rewards users with early governance roles and NFT airdrops, making the offers hard to resist. Future Market Stability A presale is only the start, but Neo Pepe’s long-term focus ensures whales are the value of staying invested after launch. How to Join Neo Pepe’s Coin Presale Getting started with Neo Pepe Coin ($NEOP) is easy, even for new investors. Here is how: Visit the official Neo Pepe Coin website. Connect a wallet (MetaMask or Trust Wallet recommended). Choose the amount that you want to invest. Complete the transaction and secure your tokens before they sell out. [ Join the Neo Pepe Presale Now ] Turning Memes into Market Advantages Neo Pepe shows that meme coins should be able to offer substance. By adding humor to real-world utility, from smart contracts to its tokenomics, Neo Pepe is changing what it means to be a valuable altcoin. If you are tired of meme coins rug pulls or unending Solana experiments, it is time to look into more options with Neo Pepe Coin. Early adoption is the benefit, and the Neo Presale Is your chance to claim it. [ Reserve Your Spot in Neo Pepe Presale Today ]

2025-06-13 05:30
Remixpoint remixes management — New 'web 3' focus
Japan’s publicly listed energy solutions firm Remixpoint has announced a crypto pivot for the company, after scooping up roughly 55.6 BTC on June 11. The group follows in the footsteps of Tokyo-based giant Metaplanet, aiming to hold over 1,000 coins as it pivots management structure to focus on “web 3.0.” Currently Japan’s third-largest publicly held bitcoin treasury, Remixpoint’s stash jumped up a notch Wednesday with an ¥887.3 million (~$6.2 million at current exchange rates) purchase, bringing the firm’s holdings to roughly 981 BTC. Remixpoint remixes management — New ‘web 3’ focus The energy and automotive solutions firm officially announced a pivot in management structure with the Bitcoin buy, shuffling executives and bringing in help from fellow Japanese mega-corporation SBI . Remixpoint will now be focusing more strongly on cryptocurrency and “web 3.0” development.Further, in an official announcement prior to the latest BTC acquisition, the company stated it aims to hold 1,000 Bitcoins in the future, similar to leading Japanese BTC-stacker Metaplanet, whose goal is to hold 210,000 BTC by 2027. Remixpoint recently announced it aims to hold over 1,000 BTC. Source: Remixpoint. Bitcoin treasuries catching on Just below Remixpoint on the publicly held Japanese BTC treasures is fashion retailer ANAP, which also just purchased more BTC on June 12, bringing the firm’s holdings to roughly 153 BTC.With the popularity of Metaplanet, and “bitcoin” now fully a recognizable word for even the most mainstream members of Japanese society, the archipelago is now seeing investors look to stocks associated with BTC as a way to get a leg up, and hedge for the future. As Cryptopolitan has recently reported, Japan currently faces economic woes in the form of rapid inflation, rice shortages, insufficient pensions, and overtourism. Other Japan-listed firms holding bitcoin include SBC Medical Group, Value Creation , AI Fusion Capital Group, and Nexon, which sits just below Metaplanet with a current public stack of 1,717 BTC. Remixpoint began purchasing BTC and digital assets in September 2024. As of June 26, 2025, Representative Director and President of SBI Crypto Asset Holdings Taku Tashiro will become Representative Director and CEO at Remixpoint. As per Remixpoint’s news page and Coinpost, Yoshihiko Takahashi, current CEO and Representative Director, will move to Representative Director and CFO. KEY Difference Wire helps crypto brands break through and dominate headlines fast

2025-06-13 04:39
Tech firms opt for Geothermal energy to power their data centers amid rising demand for AI
Meta announced that it had signed a deal with XGS Energy for 150 megawatts of advanced geothermal electricity in New Mexico. The reason behind this is to help fuel Facebook’s parent company’s efforts to expand its artificial intelligence, the company said on Thursday, June 12. Giant tech companies like Meta are making unprecedented power deals to lock in sizable amounts of electricity for data centers required to build AI, a leading driver of record US power consumption forecast in 2025 and 2026. Tech firms opt for Geothermal energy to power their data centers amid rising demand for AI Geothermal energy, which does not create climate-warming carbon emissions , has become an electricity source among major tech companies. These tech firms have goals aimed at reducing emissions. Unlike traditional geothermal power generation, advanced geothermal power generation is not dependent on natural water sources. Technology companies with AI and data centers use geothermal energy more frequently because it offers a steady, dependable, low-carbon power source. This is important since data centers that support AI require a lot of electricity. The project between XGS and Meta will be rolled out in phases and is expected to be up and running by the decade’s end. The geothermal electricity generated will go into the electric grid and help power Meta’s operations in New Mexico. In a statement, Urvi Parekh, Global Head of Energy at Meta, highlighted that next-generation geothermal technologies like XGS are ready to expand. According to Parekh, this is essential as it would make geothermal energy an important resource for supporting advancements in AI technology and building data centers at home. She further stated that they were thrilled to work with XGS to create a new type of energy supply for their activities in New Mexico. Interestingly, New Mexico, which has a stake in the largest shale oil basin in the world, holds 160,000 megawatts of unused geothermal energy potential. Although 150 megawatts is a small part of the many gigawatts that tech companies need for AI, it still accounts for about 4% of all geothermal energy produced in the US. Google also announced last year that it planned to power its data centers with advanced geothermal energy created by Fervo Energy. Google opt for Geothermal energy, a step closer to its goal of running entirely on clean energy Like Meta, Google struck a deal with Berkshire Hathaway electric utility NV Energy to provide its Nevada data centers with cutting-edge geothermal energy. As a result, according to reliable sources, Fervo Energy teamed up with NV Energy to provide geothermal energy for Google’s data centers. The deal was first sent to state utility regulators for approval. According to a statement from Google, the deal would boost the total of carbon-free geothermal electricity sent into the local power grid for the company’s consumption to 115 megawatts from 3.5 megawatts within roughly six years, The collaboration took Google closer to its goal of running entirely on clean energy by 2030. The company said it will invest at least $4 billion to construct or expand data centers in Indiana, Missouri, and Virginia. According to the latest environmental report from Google, the company’s worldwide operations use 64% carbon-free energy from sources like wind and solar. Their partnership with NV Energy offered a fresh solution for companies with huge electricity needs and climate goals in regulated power markets. In these regulated markets, businesses must buy power from local utilities instead of directly from power producers. This can make it hard for companies that want to use only clean energy. KEY Difference Wire helps crypto brands break through and dominate headlines fast

2025-06-13 04:29
U.S. official warns Huawei can only produce 200,000 AI chips in 2025
The U.S. Commerce Department has warned lawmakers that Huawei Technologies will unlikely produce more than 200,000 advanced artificial intelligence chips in 2025. This figure falls short of China’s demand but signals growing momentum in the country’s bid to rival U.S. chip supremacy. U.S. warns against complacency as China ramps up AI chip investments Jeffrey Kessler, Under Secretary of Commerce for Industry and Security, told a congressional hearing on Thursday that while Huawei’s projected output remains limited, it should not breed complacency in Washington. “China is investing huge amounts to increase its AI chip production, as well as the capabilities of the chips that it produces,” Kessler said. He noted that they needed not to have a false sense of security. The comments underscore rising tensions between Washington and Beijing as China pushes to close the technological gap with the West. Since 2019, Huawei and other major Chinese firms have faced sweeping U.S. export restrictions that bar access to high-end American chips and manufacturing tools. These measures are part of a broader effort to curb China’s military and technological advancement. Huawei pushes ahead with ascend chips despite U.S. sanctions and supply limits Despite sanctions, Huawei has continued developing its Ascend 910C AI chips as a domestic substitute for Nvidia’s cutting-edge GPUs, which dominate the global market but are now largely unavailable to Chinese firms due to U.S. controls. Kessler told the House Foreign Affairs Subcommittee on South and Central Asia that the bulk of Huawei’s chips will likely be used within China. “Our assessment is that Huawei Ascend chip production capacity for 2025 will be at or below 200,000,” he stated. His warning came days after White House AI Director David Sacks said China was only three to six months behind the U.S. in artificial intelligence capabilities . A White House clarified later that while China’s AI models are close to parity, its AI chips trail by one to two years. Still, Huawei is rapidly trying to bridge that gap. CEO Ren Zhengfei told Chinese state media this week that the company’s chips remain a generation behind their American counterparts but that Huawei is pumping more than $25 billion annually into research and development to close the divide. Trade tensions persist as tech race shapes U.S.–China dialogue Meanwhile, Nvidia has seen its market share in China erode due to the restrictions on exporting its most advanced chips. The company is barred from selling its top-performing AI hardware to China, though it continues to ship lower-tier versions. The semiconductor face-off is part of a more sweeping geopolitical clash, too. During talks in London this week, there was a tentative trade truce between U.S. and Chinese officials after disputes over China’s restrictions on the exports of crucial minerals. The Trump administration has also threatened to curb sales in other sensitive areas like semiconducting design software and aerospace components. Although Democratic lawmakers have expressed concerns over mixing export controls into trade negotiations, Kessler insisted the Commerce Department closely monitors the process. He notes there are strong export controls, and he is confident they will remain strong. Kessler also said he is not currently planning new restrictions, but everything is subject to change. “It’s a constantly evolving landscape, and we need to ensure that our controls remain effective,” Kessler said. The U.S. government’s tightrope walk between national security and global trade continues, as China’s growing tech ambitions force Washington to reassess its strategic position in the AI arms race constantly. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

2025-06-13 04:06
Best Low-Cap Gems To Buy Now For Maximum Gains in 2025
If you are seeking to make massive returns in the crypto sector, one of the best places to look is low-cap coins. These are usually coins that are under $1 billion. Besides that, they need to show massive growth potential. So far, one of the best projects that fits this description is Mutuum Finance (MUTM). Let us find out why. Utility And A Real-World Vision Mutuum Finance (MUTM) is a utility-based project that aims to achieve the full potential of decentralized finance (DeFi) technology. On the protocol, users can participate as lenders, borrowers, or liquidators. As lenders, you deposit funds into the protocol’s liquidity pools to earn interest. The interest you earn is based on the pool’s utilization rate. As more borrowers take loans from a pool, the utilization rate rises, which increases the interest. This encourages borrowers to pay back loans, while also promoting lenders to deposit more funds to benefit from the higher yields. Borrowers can choose between stable and variable rates. The stable rates are designed for borrowers who need predictable repayments. To keep the system balanced, the stable rate starts higher based on a time-weighted average of the variable rate. If the variable rate rises significantly above the stable rate, a rebalancing is triggered. The stable rate is increased to avoid an overly huge gap. This ensures the system’s liquidity is protected from arbitrageurs who would otherwise raid the ecosystem’s liquidity. Community Strength And Positive Market Sentiment Mutuum Finance (MUTM) has a massive community of over 20k across all its social media channels. This is an impressive achievement for a project that is barely halfway through its presale. The project has worked to cultivate and grow the trust of its community since the start. In one of the latest moves to bolster its community’s trust, it released the CertiK audit results. The results have been crucial to boosting trust in the project and are expected to have a positive impact on community growth. For instance, it has over 10.5k followers on X, which is one of the largest social media platforms in the world, and one with a huge active crypto community. Another boost in trust came when Mutuum Finance (MUTM) was listed on CoinMarketCap, the biggest crypto price aggregator in the world. The CoinMarketCap platform has over 350 million monthly visitors, which places Mutuum Finance in an extraordinarily great position to benefit from this massive community. The listing on CoinMarketCap signals that Mutuum Finance can be trusted. The reason for this is that the platform has an intense vetting process for new tokens. One of the requirements is that they pass a third-party security audit. Team Credibility And Project Security The team behind this project has proven its commitment to honesty through the CertiK audit. Additionally, they have posted a full roadmap of everything they plan to achieve, signaling their commitment to accountability. So far, they have completed 75% of what they set out to achieve in phase 1 of the roadmap. They also provide regular updates to their community on the progress of the project. For instance, they recently revealed that they plan to launch a beta version of the platform on the token listing day. The release of the platform will coincide with the launch, giving the community a chance to review the platform and come up with their own conclusions. Such a commitment shows that they are willing to be accountable for what they have been doing for the presale phase. It will also provide an opportunity for the community to air out their feedback once they test the beta version of the platform for themselves. Well-Structured Presale The Mutuum Finance (MUTM) presale is well structured, with incremental rises in price at every phase. For instance, in the current phase 5 of the presale, the tokens are going for $0.03, a 200% increase from the phase 1 price of $0.01. These increases are designed to support the earliest believers in the Mutuum Finance (MUTM) vision with the biggest rewards. In the upcoming phase 6 of the presale, the token price will increase by 16.67% to $0.035. That price increase will reduce the guaranteed ROI from 100% to 71.43%, based on the listing price of $0.06. Massive Community Giveaway To reward the Mutuum Finance (MUTM) community for their support in the presale, the team has organized a massive $100,000 giveaway . In this giveaway, ten lucky winners will each receive $10,000 worth of MUTM tokens. To qualify for this giveaway, you only need to participate in the presale with a minimum of $50. Besides the giveaway, Mutuum Finance also has a leaderboard set up in the presale dashboard. The top 50 participants in the presale will be eligible to receive bonus tokens. These prizes and bonuses show that Mutuum Finance (MUTM) is committed to rewarding its community, which is a clear sign of a people-centered DeFi project. With so much at stake, participating in the presale could be your ticket to life-changing gains when the project goes live. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance

2025-06-13 04:00
Stocks, crypto, and dollar crash rapidly while oil prices surge as Iran and Israel kick off their war
Markets across the board fell hard late Thursday after Israel launched airstrikes on Iran, kicking off what could become a larger regional conflict. The reaction was instant. Dow futures dropped 400 points, or 0.9%, S&P 500 futures fell 1.1%, and the Nasdaq 100 sank 1.3%, according to CNBC. This happened right after Israeli Defense Minister Israel Katz imposed a nationwide emergency, warning that attacks on civilians were expected in retaliation. Katz declared the special state of emergency across Israel after what he described as a preemptive strike. In his signed order, Katz said, “Following the State of Israel’s preemptive strike against Iran, a missile and drone attack against the State of Israel and its civilian population is expected in the immediate future… You must obey the instructions of the Home Front Command and the authorities and remain in the protected areas.” Gold surges again as oil rises and dollar falls Gold prices surged for a third straight day, jumping 0.8% after already gaining 0.9% on Thursday. As of 8:12 a.m. Singapore time, spot gold was trading at $3,406.61 per ounce. The Israeli Air Force had hit Iranian targets earlier in the day, Axios reported, citing two people with knowledge of the attack. Other precious metals moved as well. Silver, platinum, and palladium all recorded gains. Meanwhile, the Bloomberg Dollar Spot Index dropped 0.1%, and the US Dollar Index ($DXY) slid to its lowest level since March 2022, reflecting how fast investors are fleeing the dollar for safe-haven assets. The only market sector climbing with conviction was oil. Prices blasted through $72 per barrel without resistance, rising in a straight vertical line as traders braced for a wider war in the Middle East that could disrupt supply. Asia markets mixed as Wall Street’s gains erased Even though Wall Street had finished Thursday’s regular session in the green, everything turned red once news broke of the Israeli strikes. The Dow and the Nasdaq Composite both ended the day up 0.2%, and the S&P 500 closed 0.4% higher. That brought the index within 2% of its all-time high from February. But all that progress was wiped out hours later. By Friday morning, investors in the Asia-Pacific region were already reacting. The Nikkei 225 in Japan lost 0.36%, and the Topix fell 0.43%. In South Korea, the Kospi added 0.38%, while the Kosdaq moved up slightly by 0.15%. Australia’s ASX 200 stayed flat. Meanwhile, Hong Kong’s Hang Seng futures traded at 24,178, slightly above Thursday’s close of 24,035.38. The military operation was confirmed by NBC News, who reported that two US officials said the airstrikes were carried out by Israel alone, with no American involvement. That clarification came after investors feared the United States might get pulled into another war. For now, the White House hasn’t released any direct statement. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

2025-06-13 03:48
Pi community pushes GCV Value despite lack of market backing
The idea that the Global Consensus Value (GCV) of Pi Coin could be $314,159 per coin has caused endless social media debates among veteran Pi Coin miners. However, the banking world has remained completely silent as experts mostly respond with doubt or outright disbelief. Some people think the Pi Network represents a bottom-up, grassroots revolution that lets ordinary people shape the future of money. In contrast, others say the $314,159 figure feels more like a fantasy than anything based on market reality. Pi community pushes GCV Value despite lack of market backing The GCV value of $314,159 per coin is based on the mathematical constant Pi (π = 3.14159…), multiplied by 100,000. It represents a belief that Pi Coin will someday become incredibly valuable. Some users say the community has the right to assign Pi value through consensus rather than letting outside markets decide because it built the coin. However, the GVC is more symbolic than practical or social agreement among some members of the Pi community because no formal market, crypto exchange, or bank recognizes or trades it at that price. A group of Pi users calling themselves “GCV Global Ambassadors” encourage businesses on social media to accept and trade the coin at GVC. Some of them are also part of the “Double Value Movement” that claims users can transact Pi at both the current market value and the GCV. However, some experts say you can’t easily cash out Pi at that value because there is no institutional support or legal enforcement behind it. The GVC remains a bet on what could be, not what is. Pi launches Open Mainnet and utility apps, but GCV remains far-fetched Pi launched its Open Mainnet in February 2025 and introduced the Boostr app, allowing users to pay utility bills, recharge mobile phones, and buy digital services with Pi Coins. While these developments show that Pi has real utility, they aren’t enough to justify a price of $314,159 per coin. Pi needs a high level of global demand, trust, and financial backing that no digital asset has ever achieved (not even Bitcoin) for its GVC to make sense. Traders on platforms like HTX (formerly Huobi) buy and sell IOU tokens, not the actual Pi from the Open Mainnet, because major exchanges haven’t listed the coin yet. These IOUs trade between $0.60 and $0.65, not representing the real Mainnet Pi coins that users mine inside the official Pi Wallet. The Pi Core Team clarified that Pi will be worth what people are willing to pay for it once it becomes fully tradeable. The project’s future depends on building a healthy ecosystem of apps, merchants, and utilities that make Pi useful at scale. Why banks aren’t buying into the GCV The GVC’s scale is unrealistic because if Pi Coin were $314,159 per coin, assuming a modest number of total circulating coins mined during the enclosed and open Mainnet phases is 100 billion Pi tokens, the total market value would reach over $31 quadrillion. This figure is larger than the combined global GDP (just under $105 trillion) and the entire cryptocurrency market of $2 trillion in mid-2025. Banks cannot endorse Pi due to strict regulations that reject assets operating in semi-closed ecosystems without passing through Know Your Customer (KYC) compliance on a global scale or proving market liquidity. Bank regulators would not approve banks participating in or promoting any currency without direct exchangeability for fiat or verified assets. Banks or financial institutions will also only support digital currency that shows price stability, user transparency, and some kind of backing through reserves, audits, or a reliable blockchain history. Bitcoin has over a decade of market history, decentralized transparency, high liquidity, and widespread institutional adoption. In contrast, Stablecoins like USDC or USDT have real-world reserves backing them and are subject to public reporting. Banks cannot rely on Pi’s value for risk and return modeling because top-tier exchanges haven’t listed the coin on their platforms and its value is set by user hope and symbolic beliefs instead of market activity. Is the community dreaming big or just fooling Itself? The GCV Global Ambassadors mindset shows the strength of a decentralized belief and community coordination, but even communities must shaped by digital movements and peer-to-peer systems. Value in finance comes from utility, demand, liquidity, transparency, and regulation, so the risk of disillusionment grows when there’s no verified market data, audited reserve backing, or open exchange trading. Most supporters of the GVC say every big crypto project started with belief, just like Pi, and grew because people kept building, using, and holding it until the rest of the world caught up. However, several skeptics say Bitcoin was always open to trade, fully decentralized, and supported by a transparent supply model. At the same time, Pi is still not fully open, its supply is large and not clearly capped, and community-set wishful numbers determine its current value. People fear that promoting a GCV without explaining the risks could create backlash when those values don’t convert into actual wealth and cause collapse under pressure if users don’t temper their hopes with grounded facts. The Pi Network community is powerful, but what started as a promising social movement could turn into a case study in digital self-deception if belief becomes blind and hope replaces economic logic. Yes, belief is a strong force, but it needs proof, action, and real-world integration to become lasting value. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

2025-06-13 03:41

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