The Pipe Network team took to X (formerly known as Twitter, because, why not?) to announce the milestone, claiming that PIPE is “earned through real proof-of-work contributions.” The network promises to power decentralized cloud services, covering modules like CDN, Firestarter Storage, and the mysterious “P1” feature still in the pipeline.
The U.S. state of North Dakota is prancing into the stablecoin jamboree, with the Bank of North Dakota teaming up with payments wizard Fiserv (FI) to launch a U.S. dollar-backed token aimed at financial institutions across the state.
Every day, billions of dollars waltz across blockchains via stablecoins. The ringmasters? USDT ($175B, the lion 🐅) and USDC ($75B, the tamer). But beware! A new breed of entrants is creeping into the tent, expanding this financial freak show. Stablecoins are no longer the clown car of crypto-they’re the main event, the greatest financial innovation since electronic payments decided to stop using carrier pigeons. 🐦
Stateless validation, they say, will lower the cost of running nodes. A noble goal, indeed. Startups and financial institutions, hand in hand, marching toward a future where payment solutions are as cheap as borscht in a village tavern. 🥣 But forgive my skepticism-has not every revolution promised the same? Lightweight nodes, dramatic cuts in hardware requirements. Yet, the weight of expectation always seems to grow heavier. 🤷♂️
During its latest shenanigans, XLM took a nosedive to $0.38, only to spring back to $0.39 faster than a child grabbing the last cookie. 🍪💨 This little rebounder is showing some serious gumption, hinting at a market that’s as bullish as a bull in a china shop. 🐂🍵
Ever since it decided to pull off a ridiculous 300% rally during that chaotic period in November-December 2024, Cardano has more or less been lounging around like a cat in a sunbeam. For this year, it’s played mostly a game of “how long can I maintain this flatline” – gaining or losing as much as a particularly apathetic potato for over nine months now.
But who’s laughing now? $BNB has surged 80% since August, hitting new all-time highs weekly. That’s right, while others were busy stealing headlines, BNB was busy stealing the show. 🎉📈
Just mere hours ago, the native token of Pi Network, that once glittered like a decent restaurant tip, collapsed to a nail-biting low of $0.23. Yes, just twenty-three cents! According to the wise sages at CoinGecko, it has since perked up slightly to a generous $0.24. That’s an impressive 30% drop in a month and an astonishing 90% decline from its zenith of $3. If I didn’t know any better, I’d assume everybody jumped into a cosmic black hole with their investments.
In the glorious 4‑hour frame, this dip is so shallow you could almost skim it with a feather. The blue Fibonacci extension lines say we just barely slipped below 0.236-the first rung on the ladder. If we wring one more heroic push back to the top, it would be a bullish symphony, folks. 🎶📈