Crypto BCC

 The blockchain ecosystem is evolving at a breathtaking pace, with regulatory frameworks and project roadmaps converging in increasingly important ways. One such example is the announcement by Pi Coin (“Pi”) and its underlying project, Pi Network, that it has updated its whitepaper to confirm full compliance with the Markets in Crypto‑Assets (MiCA) regulation of the European Union (EU). This marks a significant milestone—not only for Pi Network—but also for the wider crypto industry’s interaction with formal regulatory regimes.  Background: Pi Network & MiCA Launched by the Pi Core Team in 2019, Pi Network aimed to democratize cryptocurrency access by enabling mobile mining—and by extension broad user participation. Now, with this latest update, Pi Network signals a shift from purely grassroots adoption towards institutional‑grade compliance. For context, MiCA is the EU’s ambitious regulatory framework designed to govern crypto‑assets, establish investor protections, an...

 In a landmark move that signals the convergence of internet platforms, fintech, and cryptocurrency, South Korean tech conglomerate Naver Corporation is set to acquire Dunamu Inc., the parent company of crypto exchange Upbit, according to multiple industry reports.  Why this deal matters Here are some of the key reasons why this acquisition is so significant: Platform meets crypto‑finance : Naver, known for its dominant Korean internet portal and ecosystem, is stepping deeply into digital finance by acquiring Dunamu, which runs Upbit — one of South Korea’s largest crypto exchanges. Equity swap structure : The deal is reportedly structured as a share swap via Naver’s fintech subsidiary, Naver Financial, rather than a purely cash purchase. Sources suggest a swap ratio in the neighborhood of 1 : 3 or 1 : 4 (Naver Financial shares : Dunamu shares). Valuation implications : Market estimates put Dunamu’s valuation at about 15 trillion won , while Naver Financial is valu...

 In a major step toward making crypto more practical for everyday use, Opera’s MiniPay wallet has introduced a groundbreaking feature that allows users in Argentina and Brazil to directly spend their stablecoins — particularly USDT — through local payment systems. What’s New: “Pay Like a Local” The key innovation is MiniPay’s “Pay like a local” function, which links a user’s USDT balance to two widely used payment infrastructures in Latin America: PIX in Brazil Mercado Pago in Argentina  With this integration, MiniPay users can simply scan a QR code at a merchant and pay using their stablecoin wallet. Behind the scenes, USDT is instantly converted into the local currency (Brazilian Real or Argentine Peso) so that merchants receive fiat — no crypto exposure on their end.  Why It Matters This update bridges a fundamental gap between crypto and real-world payments: Practical Utility : Instead of holding USDT only as a speculative asset, users can now u...

 In recent weeks, the cryptocurrency market has grown increasingly volatile, and XRP (the native token of Ripple Labs) is once again under pressure. Some analysts are now warning that XRP could drop to as low as $1.55 , a far cry from recent levels and a cautionary signal for investors. While the exact article discussing this scenario on CoinPhoton encountered an internal‐server error, the broader context and similar warnings from other sources allow us to piece together the key risks, drivers and potential outcomes. 1. Why the $1.55 Risk Is on the Table Several technical and market factors are creating headwinds for XRP: According to one article at BlogTiền Ảo, if XRP fails to hold a major support zone, it may slide toward $1.56 .  Broader analysis shows XRP’s futures open interest (OI) and momentum indicators weakening, which tends to magnify downside risk. The negative scenario arises when support breaks and sellers accelerate; some analysts frame this as a “wors...

 In recent weeks, Cardano (ADA) has stood out as one of the under-performing large-cap cryptocurrencies, having fallen around 30% over a 30-day period and roughly 26% from November 11. Yet beneath this weak performance lie three important signals suggesting that ADA may be gearing up for a rebound. Below, we unpack each of these reasons, discuss the implications, and highlight what to watch out for. 1. Early signs of buying pressure emerging at major support When the price of ADA approached the US$0.45 region — which has been identified as a major support level — two volume-based technical indicators began to shift favourably.  The Chaikin Money Flow (CMF), which tracks the flow of money into or out of an asset based on price and volume, had been in negative territory but began to form a higher peak while the price made a lower low. A divergence of this kind often hints that accumulation may be underway despite the price drop.  The On‑Balance Volume (OBV), which f...

Despite a roughly 9 % rise over the past month, Pi Coin (PI) is showing technical indications that its recent rebound may be losing steam and could be vulnerable to a correction.  1. A Rebound… But Limited Over the last month PI has regained from about $0.209 to around $0.226, marking a solid bounce. Many might view this as a positive sign of buyer support. Yet, the technicals say caution: despite the price increase, the chart suggests the recovery might be shallow rather than sustainable. 2. Three Technical Warning Flags • Bearish Engulfing Candlestick On the daily chart, a classic bearish engulfing pattern has surfaced: a large red candle fully covering the prior green candle. This typically signals that sellers are stepping in and may gain control after a short-term rally. Notably, each prior occurrence since 21/10 has preceded declines in the range of 8 %–20 %.  • On-Balance Volume (OBV) Trend Break The OBV indicator—measuring net buying versus selling volume—had b...

 In recent trading sessions, the privacy-focused cryptocurrency Monero (XMR) has experienced a sharp downturn, slipping below the key $400 mark. This development reflects mounting bearish sentiment and raises questions about the next level of support and potential downside risk. Sharp Drop and Market Sentiment On Wednesday, Monero dropped more than 9 %, completely erasing the recovery gains achieved over the past weekend. The sharp decline appears to have triggered fear among traders, with the derivatives market registering increased short positions and reduced open interest in XMR futures. For instance, open interest on XMR futures declined by roughly 3.14 %, falling to a 24-hour figure of about USD 78.47 million, signalling that capital may be exiting the space amid waning confidence.  Further illustrating weakening sentiment: the long/short ratio of XMR showed that short positions accounted for 55.48 % of total trading activity, pulling the ratio down to approximately 0....

In recent years, Malaysia has confronted a staggering problem — more than $1.1 billion in losses due to rampant illegal cryptocurrency mining, according to national utility provider Tenaga Nasional Berhad (TNB).  The Crisis at a Glance Between 2020 and August 2025, Malaysian authorities identified 13,827 illicit crypto‑mining sites that manipulated or bypassed electricity meters to steal power. These operations exploited the energy-intensive nature of proof-of-work mining, using as little as possible of their own resources while siphoning off the national grid.  The financial toll has been enormous: TNB has reported cumulative losses equivalent to 4.57 billion ringgit , or roughly $1.1 billion USD .  Why It Happened Unclear Legal Boundaries : While mining cryptocurrency itself is not outright illegal in Malaysia, the issue arises from electricity theft and tampering with utility infrastructure — actions that clearly are. Low Enforcement Costs : For miners, the...