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Modular blockchain Celestia has launched a new testnet, mamo-1, designed to push the network’s scalability to new extremes ahead of future mainnet upgrades. According to an Apr. 14 announcement on Celestia’s ( TIA ) blog, mamo-1 is designed to support very high data throughput, up to 128MB blocks every six seconds, or 21.33MB per second. That’s more than 16 times higher than what Celestia’s mainnet currently handles. The new testnet is meant to simulate real-world conditions for apps that need to process large amounts of data. The testnet follows a smaller prototype called Mammoth Mini, which reached 27MB/s in lab tests. But unlike that devnet, mamo-1 is open to the public and connects with Celestia’s full data availability layer, including support for light nodes and data availability sampling. It is supported by 21 validators located in Amsterdam, Paris, and Warsaw to reflect realistic network behavior. The upgrade is powered in part by a new data transfer protocol called Vacuum!, which improves how data moves across the network. Instead of flooding the network with data, nodes only send it to peers who request it. This helps reduce unnecessary traffic and makes the system faster and more efficient. Vacuum! also uses something called Validator Availability Certificates, so nodes can announce which data they’re holding. Even if full data isn’t available from a single source, Vacuum! features a new recovery method that helps validators rebuild missing parts of a block using backup data. Celestia says this technology brings them closer to a future where the network can handle 1GB blocks. Since its October 2023 mainnet launch , more than 20 rollups have deployed on Celestia, including Eclipse, Movement Labs ( MOVE ), and Dymension. Still, competition from rival data availability networks like EigenDA and Avail could challenge its lead. Even with the new testnet, Celestia’s token TIA hasn’t moved much. It’s trading at $2.52, down 30% this month and 88% below its $20.85 all-time high in February. According to an Apr. 10 Nansen report , developer interest in the platform remains quite high despite the price drop, raising conviction of future price recovery.

Pi Network’s Ad Network is now open to all ecosystem dApps, giving devs a new revenue stream through in-app advertising, as short-term sentiment around PI coin begins to shift. Pi Network ( PI ) has officially opened its Ad Network to all ecosystem-listed Pi apps. This means that developers whose apps are listed on the Mainnet Ecosystem Interface can now apply to integrate ads and begin earning revenue directly in PI coin. By enabling Pi-based advertising transactions, it creates a circular economy: advertisers spend PI to reach users, and developers earn PI in return for user engagement. The Pi Ad Network was initially piloted with five community apps in 2024. This development comes on the heels of another even bigger update. Just days before this announcement, Pi Network integrated with decentralized oracle provider Chainlink ( LINK ). Together, these two developments signal a shift from speculative mining toward real adoption. The Chainlink integration brings Pi Network closer to enabling apps that rely on accurate, real-time data, such as DeFi apps, prediction markets, and blockchain games. As more apps are developed, the demand for Pi increases, as users will need Pi to interact with these applications. For instance, if DeFi apps are built on Pi Network, activities like lending, staking, trading, and liquidity protocols will require users to deposit or use PI, which will reduce the circulating supply, creating scarcity and driving up the token’s value. Then, the Ad Network further amplifies this growth. As more apps are built, developers can earn not just through their services, but also by hosting ads. Advertisers must buy PI to pay for those ads, which increases demand for the token and drives more utility across the ecosystem. The daily chart is already showing some early signs of a potential trend reversal after a prolonged downtrend . Most notably, PI price is attempting to stabilize and push above key moving averages. What’s particularly encouraging is that PI price is now hovering just below the 21-day Exponential Moving Average, currently at $0.7569, and has managed to push above the 20-day Simple Moving Average, which sits at $0.6793. This crossover of price above the SMA suggests that short-term sentiment is beginning to shift.

Tether CEO Paolo Ardoino ended his first visit to the United States, where he met with lawmakers in Washington, D.C., to discuss the future of stablecoin regulation. Ardoino’s meetings with Senate and House members centered on crafting laws that consider national security while also promoting global financial inclusion. Ardoino framed the discussion partly as a response to global efforts challenging US dollar dominance. He argued for stablecoin rules that protect consumers but crucially also support the dollar’s adoption internationally – a role he positions Tether’s USDT as already playing. He detailed the strong global demand for US dollars, noting Tether serves over 400 million users worldwide, many using USDT for savings and payments in regions with unstable local currencies, citing Turkey and Argentina as examples. Ardoino pointed out that while stablecoins in the U.S. are often a convenience, they serve as major financial tools outside the country. Lawmakers reportedly showed interest in how dollar-backed stablecoins could support US dollar hegemony and expand financial system access worldwide. Related: Democrats and Republicans Agree on Stablecoin Rules? ‘STABLE Act’ Advances While supporting the push for regulation, Ardoino warned against poorly crafted US laws that might unintentionally block non-US entities from accessing dollar stablecoins. He pointed to Europe’s Markets in Crypto-Assets (MiCA) framework as a cautionary example, stating its restrictions led to Tether being removed from some European platforms. In contrast, stressed Tether’s commitment to the US system, noting the company keeps its reserves in U.S. financial institutions and cooperates with U.S. law enforcement agencies, including the FBI and DOJ. Ardoino added noting that Tether may issue a U.S.-specific stablecoin designed for domestic institutions and payments. He explained that use cases vary by region, while many outside the U.S. use stablecoins for savings, U.S. residents are more likely to use them for transactions. Beyond stablecoins, Tether has invested in Bitcoin mining and artificial intelligence, reportedly developing privacy-focused AI tools for smartphones. Related: The Tether Effect: Stablecoin Issuer Mints 4 Billionaires to Forbes 2025 Billionaires List Ardoino projects that stablecoin adoption could reach $1 trillion by 2030, driven by geopolitical shifts and machine-to-machine transactions involving robots and smart contracts. He noted that Tether will soon support the Lightning Network, strengthening its base in Bitcoin infrastructure. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Fed's Bostic: Bold moves 'in either direction' would be imprudent Federal Reserve Chairman Bostic said uncertainty surrounding the Trump administration's tariffs and other policies has brought the U.S. economy to a "big pause," and he suggested the Fed should stay put until the situation becomes clearer. "Where the economy will land depends critically on the details of where policy lands," he said. "Because we don't know yet, that's another reason why I think it would be imprudent to take policy actions that are too bold in any direction." Bostic said tariffs could push up prices, meaning it could take longer than he previously thought, possibly until 2027, for inflation to fall back to the Fed's 2% target. At the same time, he said, economic growth is likely to slow, with GDP growth this year to be above 1%, but less than half of its recent pace. Bostic did not say whether he still believes the Fed will cut interest rates once this year, a view he expressed in March. (Jinshi)

Shiba Inu (SHIB) , the infamous meme coin that once shocked the market with a multi-thousand percent rally, has been fairly quiet over the past few weeks. But recent technical patterns are whispering a different story—SHIB may be coiling up for another big move. After a prolonged downtrend and sideways action, price indicators are showing early signs of a breakout. Is SHIB price gearing up to regain investor attention and claw its way back to higher levels? On the daily chart, SHIB has been stuck in a consistent downtrend since the late-2024 peak, gradually losing steam with lower highs and lower lows. However, that narrative is starting to shift. In the past few weeks, SHIB has shown a mild recovery, pushing back up toward the 0.00001200–0.00001230 zone. Currently trading at 0.00001223, SHIB has managed to reclaim the 20-day simple moving average (SMA) and is now testing the 50-day SMA, which sits slightly above at 0.00001283. If bulls manage to push the price above this level, the next critical targets will be the 100-day SMA at 0.00001576 and 200-day SMA at 0.00001898. The Heikin Ashi candles on the daily chart are beginning to show smaller-bodied bullish candles after a stretch of consistent reds—an early sign of trend exhaustion from the bears. Meanwhile, the Accumulation/Distribution Line (ADL), although flat, shows no sharp decline. This implies that distribution pressure may have eased and accumulation might slowly be picking up. Zooming into the hourly chart, the action is more promising . SHIB has been trending above key moving averages—20, 50, and 100-hour SMAs—and has just cleared the 50 SMA resistance with a clean Heikin Ashi green candle. The structure on this timeframe shows a mini-bull flag breakout, with SHIB pushing up from a consolidation channel around 0.00001210–0.00001220. This kind of setup often leads to a short-term pop, especially in meme coin environments where momentum feeds on hype. The 200-hour SMA, resting at 0.00001175, is acting as strong support now. As long as price holds above it, SHIB remains in short-term bullish territory. Additionally, the ADL indicator on the hourly chart is flat but stabilizing. While it doesn’t yet confirm major inflows, it suggests that selling pressure isn’t intensifying. On the daily chart, the first crucial level to break is 0.00001283 (50-day SMA). If bulls succeed, the next zones to target are 0.00001576 (100-day SMA) and then 0.00001898 (200-day SMA)—which would be a massive 50%+ move from current levels. But SHIB is known for its parabolic swings, so those targets are not outlandish. On the downside, strong support sits near 0.00001000, a psychological level, and the recent consolidation zone between 0.00001050–0.00001100. From the hourly view, the immediate support sits at 0.00001200, followed by 0.00001175. A successful close above 0.00001250 could trigger a mini-surge toward 0.00001300–0.00001330. Technically, SHIB price is at a make-or-break level. The downtrend has paused, early bullish signs are appearing, and moving averages are starting to align favorably. A daily close above the 50-day SMA would be a major green flag, especially if accompanied by volume. While this isn't yet a full-blown breakout, it’s the first sign of strength SHIB has shown in weeks. And in meme coin land, that’s often all it takes to spark a rally. Shiba Inu price might just be getting its second wind . The daily chart shows that bears are losing control, while the hourly chart suggests bulls are warming up for a run. With key SMAs in play and price compressing under resistance, SHIB is approaching a launch zone. Is the Shiba army ready to bark again? If price clears $0.00001283 with conviction, we could be in for a wild ride. 🎉 Pssst... Did you spot the Easter egg? Don’t forget to save this article! Shiba Inu (SHIB) , the infamous meme coin that once shocked the market with a multi-thousand percent rally, has been fairly quiet over the past few weeks. But recent technical patterns are whispering a different story—SHIB may be coiling up for another big move. After a prolonged downtrend and sideways action, price indicators are showing early signs of a breakout. Is SHIB price gearing up to regain investor attention and claw its way back to higher levels? On the daily chart, SHIB has been stuck in a consistent downtrend since the late-2024 peak, gradually losing steam with lower highs and lower lows. However, that narrative is starting to shift. In the past few weeks, SHIB has shown a mild recovery, pushing back up toward the 0.00001200–0.00001230 zone. Currently trading at 0.00001223, SHIB has managed to reclaim the 20-day simple moving average (SMA) and is now testing the 50-day SMA, which sits slightly above at 0.00001283. If bulls manage to push the price above this level, the next critical targets will be the 100-day SMA at 0.00001576 and 200-day SMA at 0.00001898. The Heikin Ashi candles on the daily chart are beginning to show smaller-bodied bullish candles after a stretch of consistent reds—an early sign of trend exhaustion from the bears. Meanwhile, the Accumulation/Distribution Line (ADL), although flat, shows no sharp decline. This implies that distribution pressure may have eased and accumulation might slowly be picking up. Zooming into the hourly chart, the action is more promising . SHIB has been trending above key moving averages—20, 50, and 100-hour SMAs—and has just cleared the 50 SMA resistance with a clean Heikin Ashi green candle. The structure on this timeframe shows a mini-bull flag breakout, with SHIB pushing up from a consolidation channel around 0.00001210–0.00001220. This kind of setup often leads to a short-term pop, especially in meme coin environments where momentum feeds on hype. The 200-hour SMA, resting at 0.00001175, is acting as strong support now. As long as price holds above it, SHIB remains in short-term bullish territory. Additionally, the ADL indicator on the hourly chart is flat but stabilizing. While it doesn’t yet confirm major inflows, it suggests that selling pressure isn’t intensifying. On the daily chart, the first crucial level to break is 0.00001283 (50-day SMA). If bulls succeed, the next zones to target are 0.00001576 (100-day SMA) and then 0.00001898 (200-day SMA)—which would be a massive 50%+ move from current levels. But SHIB is known for its parabolic swings, so those targets are not outlandish. On the downside, strong support sits near 0.00001000, a psychological level, and the recent consolidation zone between 0.00001050–0.00001100. From the hourly view, the immediate support sits at 0.00001200, followed by 0.00001175. A successful close above 0.00001250 could trigger a mini-surge toward 0.00001300–0.00001330. Technically, SHIB price is at a make-or-break level. The downtrend has paused, early bullish signs are appearing, and moving averages are starting to align favorably. A daily close above the 50-day SMA would be a major green flag, especially if accompanied by volume. While this isn't yet a full-blown breakout, it’s the first sign of strength SHIB has shown in weeks. And in meme coin land, that’s often all it takes to spark a rally. Shiba Inu price might just be getting its second wind . The daily chart shows that bears are losing control, while the hourly chart suggests bulls are warming up for a run. With key SMAs in play and price compressing under resistance, SHIB is approaching a launch zone. Is the Shiba army ready to bark again? If price clears $0.00001283 with conviction, we could be in for a wild ride. 🎉 Pssst... Did you spot the Easter egg? Don’t forget to save this article!