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$PI Coin has taken a notable step towards mainstream adoption, joining Bitcoin (BTC) in the crypto payments space. Nevertheless, the token remains controversial, as its mining method continues to spark debate across various jurisdictions. $PI Coin Gains Momentum, Trails $BTC (Bitcoin) in Real Estate Transactions In a post on X (Twitter), Pi Network revealed that Zito Realty in Florida now accepts $PI Coin for real estate transactions. The real estate firm, led by American film producer and actor James J Zito, has become a pioneer in integrating Pi Coin into the property market. This marks $PI Coin as the second cryptocurrency, after (Bitcoin) $BTC , accepted for real estate transactions by Zito Realty LLC. Zito, an early $PI mining adopter, has strongly advocated for expanding digital currency into real-world applications. Beyond real estate, $PI Coin also serves in car purchases in Florida. Reports indicate that Cube Motor, a Florida-based car dealership, started accepting $PI Coin as a payment method for purchasing vehicles. Additionally, Cube Motor has been added to Pi Network’s ‘Map of Pi,’ a directory showing businesses that accept $PI Coin. This reinforces its potential as a viable alternative to traditional financial systems and boosts confidence in the cryptocurrency’s legitimacy. The integration of $PI Coin in both real estate and automotive industries also reflects its increasing utility. Companies like Tesla have previously experimented with digital currency transactions, and Pi Coin’s acceptance by Cube Motor marks another step toward broader adoption. For $PI Network’s global community, the developments provide opportunities to utilize their holdings for tangible goods. After these announcements, $PI Coin’s market price soared over 20%. As of this writing, it was trading at $1.90. Meanwhile, analysts propose four key hypotheses regarding its valuation. At the core, however, its value is closely tied to its vast and growing user base. This means increased adoption will drive long-term appreciation.

Death Threats Forced Crypto Influencer to Flee Crypto influencer SolJakey has revealed that he fled the country after receiving death threats linked to allegations of insider trading concerning the controversial LIBRA token, launched by Argentine President Javier Milei. SolJakey, who had connections with Hayden Davis and his firm Kelsier Ventures—responsible for both the LIBRA and Melania Trump’s MELANIA crypto tokens—became a target of backlash after posting a defense of key opinion leaders (KOLs) and insider trading on 16 February. Some you guys are such cry babies, Arguing the fact that some people may have had insider information or had an edge on a trade because they are a kol or have a level of influence is a skill issue in majority. Large portions of the creators and KOL's you see being bashed for… — Jakey (@SolJakey) February 15, 2025 His remarks, along with a video where he humourously pretended to be an insider trader, were poorly received by the crypto community. This may be the single biggest clown take I’ve read to date You do realize that most serious people don’t trade on inside information right? Absolutely pathetic write up — TylerD 🧙♂️ (@Tyler_Did_It) February 16, 2025 insidor pov: pic.twitter.com/ISDfyV0HQD — Jakey (@SolJakey) February 16, 2025 The situation escalated when, on 18 February, SolJakey began receiving threatening messages from individuals who claimed to know his location. Fearing for his safety, he and his associates moved to an undisclosed, private location, reportedly three hours away, complete with a private pool and luxury amenities. The transition, documented in a montage with somber music, saw him addressing the situation from his new residence, where he discussed the LIBRA accusations, stating: “We came here because of death threats and squatting threats.” Despite the rumours and accusations, I was not involved with any of the launches of “Kelsier Ventures” I was advised by people around me to lay low, let the storm pass by abit, But I wanted to say my peace. Whether you decide to watch it or not, this is my story. SOLANA. pic.twitter.com/gVL14EIb7j — Jakey (@SolJakey) February 25, 2025 SolJakey Discovers Argentina’s Coin Project Before Launch Addressing the LIBRA accusations, he claims: “I had no part in the LIBRA launch, I traded it just like everybody else.” In addition, he denies being a part of the ENRON launch: “I’ve never received any token allocation, I’ve never received an early CA (crypto address), I’ve never sniped or insider traded in any capacity. My average entry on Libra was $2.5B. I broke even on the fucking coin.” So Frank Degods and Sol Jakey both get outed in the meteora founder phone call leak confirming they were insiders on the $libra launch. Interesting time for them both to dissapear from the timeline eh 😂 pic.twitter.com/jn1o7PcH5c — TheDefiApe (@TheDefiApe) February 20, 2025 SolJakey acknowledges that he suspected an "Argentina coin" would eventually launch, as Hayden Davis had informed him that he was advising Argentine President Javier Milei and had played a role in launching the MELANIA token. While SolJakey concedes there was an "edge" in knowing about the coin's potential launch, he insists he had no further details about the project. He said: “Wrong place wrong time, guilty by association.” His account aligns with claims from other crypto influencers, such as those from the LA Vape Cabal, who suggested that the concept of an Argentinian coin was already well-known within meme coin circles. SolJakey recounts several meetings with Hayden in locations like LA, Istanbul, and Barcelona, where he also met DefiTuna founder @CavemanDhirk, who later distanced himself from Kelsier Ventures. Despite these interactions, SolJakey maintains that none of these meetings had any direct connection to the LIBRA token.

Pi Network Breaks New Ground as Florida Businesses Start Accepting PI Coin Pi Coin has taken a notable step towards mainstream adoption, joining Bitcoin (BTC) in the crypto payments space. Nevertheless, the token remains controversial, as its mining method continues to spark debate across various jurisdictions. Pi Coin Gains Momentum, Trails Bitcoin in Real Estate Transactions In a post on X (Twitter), Pi Network revealed that Zito Realty in Florida now accepts PI Coin for real estate transactions. The real estate firm, led by American film producer and actor James J Zito, has become a pioneer in integrating Pi Coin into the property market. “American film producer and actor James J Zito is currently the director of Zito Realty, a real estate company in Florida, USA, which accepts real estate transactions with Pi coins,” read the post. This marks Pi Coin as the second cryptocurrency, after Bitcoin (BTC), accepted for real estate transactions by Zito Realty LLC. Zito, an early Pi mining adopter, has strongly advocated for expanding digital currency into real-world applications. Beyond real estate, Pi Coin also serves in car purchases in Florida. Reports indicate that Cube Motor, a Florida-based car dealership, started accepting Pi Coin as a payment method for purchasing vehicles. $PI

ECB adviser dismisses Bitcoin reserves, calls it a risky and speculative asset European Central Bank (ECB) adviser Jürgen Schaaf rejected the idea of Bitcoin $BTC as a strategic reserve asset, citing its volatility, lack of economic necessity and susceptibility to manipulation, according to Cointelegraph. Schaaf argued that unlike essential reserves like oil or raw materials, Bitcoin has no fundamental economic use and would fuel speculation rather than stabilize economies. He also dismissed the possibility of central banks holding diversified crypto reserves, stating that multiple digital assets would only increase risk and volatility. His comments come as Bitcoin drops below $88,000, amid a market-wide sell-off and $1.5 billion in crypto liquidations over the past 24 hours.

Bitcoin’s recent price stability is drawing significant attention from analysts and investors, as historical patterns suggest that low volatility often precedes substantial market movements. Recent data indicates that Bitcoin’s one-week realized volatility has dropped to 23.42%, a level rarely observed in the past four years. A CNF report highlighted that Bitcoin’s funding rate has fallen to 0%, raising questions about the next directional move for BTC’s market price. Daan Crypto Trades echoed this sentiment in a tweet, stating that BTC remains in a tight range. $BTC Range still ranging. Meanwhile, volatility is trending down as price is getting more and more compressed. Even during yesterday's drama, price still closed at the same price region which it has done so for the past 2 weeks. pic.twitter.com/pu13Y9J15r — Daan Crypto Trades (@DaanCrypto) February 22, 2025 Similar volatility compressions occurred in October 2024 (22.88%) and November 2023 (21.35%), both of which were followed by notable price shifts. This historical trend suggests that the current market calm could be a precursor to significant volatility. The prolonged period of reduced volatility has led experts to predict a substantial price movement for Bitcoin. Historically, low-volatility phases have been followed by price fluctuations ranging from 20% to 30% or more. Analysts are closely monitoring technical indicators, particularly tightening Bollinger Bands, which often signal upcoming volatility. According to multiple sources, several key factors could drive Bitcoin’s next major price movement. Firstly, influential figures in the crypto industry, such as Michael Saylor, CEO of Strategy, have hinted at increasing their Bitcoin holdings. Institutional interest of this scale often strengthens market sentiment, potentially triggering higher demand and price appreciation. Secondly, the U.S. administration’s increasingly favorable stance on cryptocurrency regulation could play a crucial role in shaping market dynamics. Policies aimed at fostering crypto adoption and providing clearer regulatory frameworks may boost investor confidence, leading to greater institutional and retail participation. Lastly, Bitcoin’s price is currently experiencing a period of compression alongside historically low volatility, a combination that has previously signaled significant market shifts. Traders are closely monitoring key support and resistance levels, as a breakout in either direction could set the stage for Bitcoin’s next big move. At the time of writing, according to CoinMarketCap data, Bitcoin is trading at $95,713, reflecting a 0.50% decrease in the past day and a 0.59% decline over the past week. The intraday high reached $96,581, with a low of $95,097. See BTC price chart below.