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TL;DR It’s tough to sell this article, so let’s be honest from the start. The PI token, which saw the light of day on February 20 when it became available for trading on numerous exchanges, slumped hard after reaching a new all-time high on February 26. At the time, the peak at $3 was short-lived and the asset started to lose value painfully quickly . This culminated yesterday when it slumped to an all-time low of $0.54 (CoinGecko data), an 82% drop from the aforementioned positive record in just over a month. Such a massive decline turned even previous proponents into critics, as one claimed that the project was actually a slow rug pull. The past 24 hours have finally brought some relief to the Pi Network community as PI jumped by over 9% and now sits at $0.6. Perhaps one of the reasons behind this increase is PI’s growing popularity among certain investors, as CoinGecko informed. The token entered the top 10 cryptocurrencies in terms of the most trending coins in the period between March 29 and April 4. Thus, it surpassed the market leader Bitcoin as well as other bigger altcoins like Ethereum, Solana, Toncoin, and Ripple. Or, another possible reason for today’s price surge is a termin known as ‘dead cat bounce.’ It refers to a temporary recovery in an asset’s price after a substantial and continuous decline, caused by speculators buying in order to cover their positions. It usually doesn’t end well. But that’s just a speculation, of course.

TL;DR The renowned crypto analyst Ali Martinez has outlined multiple times the importance of the $2 support for XRP’s future price movements. The asset tested it on a couple of occasions in the past month, dipping below it twice since March 11. However, it ultimately withstood the pressure and helped XRP remain among the top performers since the US elections in early November. Moreover, Ripple’s token bounced off quite impressively after the March 11 crash and shot up to $2.6 within the next week. That price surge transpired after Brad Garlinghouse, the company’s CEO, announced that the lawsuit against the SEC had effectively ended. Since then, though, XPR has failed to recapture its momentum and slipped below $2 earlier this week, charting a 24% decline amid the escalating Trade War. As mentioned above, the $2 support remained strong, and XRP now trades at $2.15. Martinez believes holding that level could serve as a propeller for the next leg up, which could push its price north by 30%. However, he also highlighted a bearish scenario in which $2 is broken to the downside. In this case, the fourth-largest cryptocurrency by market cap risks dropping all the way down to $1.3 as there’s not much support between these two levels given XRP’s explosive surge in November and December last year. Nevertheless, Martinez is overall predominantly bullish on XRP, as the TD Sequential also recently flashed a buy signal on the daily chart.

Arbitrum DAO has spent millions on incentives in hopes of attracting more users. However, the gains didn’t stick, according to one Web3 marketing studio. Arbitrum (ARB) DAO recently came under criticism for its ability to retain users. On April 4, Pink Brains, a marketing studio specializing in crypto and Web3, outlined issues with the network’s incentive programs. Arbitrum DAO has poured millions into incentive programs (STIP, LTIPP), aiming to bring more users, TVL, and volume into the ecosystem. But many of these programs had one thing in common: 📉 The gains were short-lived. Metrics dropped soon after the campaigns ended. The agency pointed to several core issues, including a lack of off-chain marketing, weak tracking of key performance metrics, and minimal analysis of potential return on investment. A recent survey cited by Pink Brains revealed that only 21% of protocols knew their customer acquisition cost. “The gains were short-lived. Metrics dropped soon after the campaigns ended,” Pink Brains on incentives programs. Even more notably, none of the respondents were aware of their users’ lifetime value—a fundamental metric in evaluating the success of any marketing campaign. To remedy this situation, the agency proposed that projects that receive funds should set clear performance indicators. The goal of this approach is to discover what type of incentives work best, and to measure the ROI for the protocol. The agency highlighted that these measures a part of a recent Arbitrum DAO proposal , which did not pass. Arbitrum first launched short-term incentive program , a one-time distribution of 50 million ARB active projects in January 2024. However, to provide a more long-term support, the holders approved the long-term incentives pilot program. Arbitrum’s total value locked dropped from its all-time high of $3.454 on December 14 to its current level of $2.422 billion . The token itself is down 86.94% since its all-time high of $2.40, which it reached on January 12.

The U.S. Securities and Exchange Commission has released new commentary on stablecoins, with the agency’s Division of Corporation Finance noting that this is part of the effort to provide further regulatory clarity. SEC said in a news release that the guidance aligns with its objective of providing clarity regarding federal securities laws as related to crypto assets. In this case, the agency has zeroed in on a type of stablecoins it now calls “Covered Stablecoins.” According to the regulator “Covered Stablecoins” means those stablecoins that maintain a stable value relative to the U.S. dollar, on a 1:1 basis and are redeemable for USD on a 1:1 basis. This type of USD-pegged stablecoin, per the SEC’s Division of Corporation Finance, has low-risk and readily liquid assets as reserves. Assets backing the stablecoins also have a USD-value that meets or surpasses the given token’s redemption value of all coins in circulation. Notably, the statement excludes other types of stablecoins such as algorithmic and yield-bearing stablecoins. The division’s statement doesn’t also cover those stablecoins pegged on the value of other assets and not the United States Dollar. The two leading stablecoins pegged to the USD are Tether ( USDT ) and USDC ( USDC ). With this description in place, the SEC says the sale or offer of the so-called “Covered Stablecoins” does not constitute an investment contract. “It is the Division’s view that the offer and sale of Covered Stablecoins, in the manner and under the circumstances described in this statement, do not involve the offer and sale of securities within the meaning of Section 2(a)(1) of the Securities Act of 1933,” the division wrote. Now that the division says such stablecoins do not fall within the SEC’s purview, the objective of its statement was to clarify important considerations and implications for issuers. The key details in the statement are that issuers use sale proceeds to fund the covered stablecoins reserves. Meanwhile, buyers do not have any expectation of returns on the funds they hold and Covered Stablecoins do not encourage speculative trading or for investment. “Accordingly, persons involved in the process of “minting” (or creating) and redeeming Covered Stablecoins do not need to register those transactions with the Commission under the Securities Act or fall within one of the Securities Act’s exemptions from registration,” the agency noted.

XRP sees $55M in exchange outflows, signaling strong accumulation by long-term holders ahead of a potential breakout, driven by rising confidence and upcoming market catalysts. With XRP futures launching and price testing key support, analysts anticipate a bullish reversal, projecting targets up to $4.59 if momentum and institutional interest continue building. Following XRP Holders’ Preparation for Major Impact Ahead of Crucial SEC Meeting, as CNF highlighted yesterday, Coinpedia Fintech News reports that over the past 48 hours, approximately $55 million worth of XRP has been withdrawn from exchanges—suggesting a potential accumulation phase by holders. XRP, the native token of Ripple Labs, has recently seen heightened activity, drawing attention from investors and analysts. Data from Coinglass reveals: Exchanges experienced an outflow of $55 million in XRP tokens within a short timeframe. Such substantial withdrawals often suggest that investors are moving their assets to private wallets, possibly indicating a long-term holding strategy and confidence in the asset’s future performance. Currently, XRP is hovering near a critical support level around $2. Technical chart patterns, particularly a head-and-shoulders formation, have emerged. A break below the neckline may confirm a bearish trend, with price projections dropping toward $1.07. However, if XRP holds this level, it could spark a bullish reversal, reinforcing confidence in its medium-term trajectory. Despite recent declines, some analysts remain bullish on XRP’s long-term performance. According to AInvest, 2025 price predictions range from $2.25 to $4.59, largely depending on market trends and regulatory developments. Of note, the anticipated launch of XRP futures by Coinbase Derivatives on April 21, 2025, may influence both market volatility and investor sentiment—introducing new dynamics for institutional participation. In a recent CNF update , one analyst claimed XRP holders could become millionaires, reviving optimism across the XRP community. This sentiment aligns with the current accumulation trend, highlighted in XRP Holders Accumulate as $55M Leaves Exchanges – Time to Buy? The ongoing large-scale withdrawals point to increasing long-term confidence in XRP’s outlook. At the time of writing, XRP is trading at approximately $2.07 USD, with a 24-hour trading volume of around $4.86 billion, reflecting a 0.80% increase over the past day. This follows an 8.18% decline over the past week, underscoring the token’s recent volatility as it tests key support levels. Altogether, the rebounding price, rising volume, and major outflows from exchanges indicate that investors may be preparing for an upside breakout—reinforcing the idea that this could be a decisive moment for XRP.