Pi Network User Growth High; PI Price Tests Key Support

By: cryptosheadlines|2025/05/07 00:00:01
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Pi Network has surpassed 120 million downloads, signaling massive global adoption.BANXA’s KYB approval now allows users in 100+ countries to buy PI with fiat.Technical indicators show PI is at a critical support zone, with both bullish and bearish scenarios in play.With over 120 million downloads and 1.3 million new users in the past 30 days, Pi Network (PI) has firmly established itself as one of the most downloaded and trusted crypto apps worldwide. The network’s legitimacy gets support from its app ratings, It holds a solid 4.41-star rating based on nearly 900,000 reviews, while its grassroots adoption paints a vivid picture of a decentralized future taking root across diverse communities.From university campuses in Nigeria to small businesses in Southeast Asia and developers in Europe, people are not just mining PI but are actively building with it. BANXA Approval Creates Fiat BridgeAdding to this trust layer is BANXA’s recent KYB approval, which now allows users in over 100 countries to purchase PI using fiat currency.BANXA is now KYB approved!What does this mean for the Pi Community and beyond?It means people in over 100 countries can now instantly buy Pi with cash through BANXA. This is a game-changer for accessibility and global adoption.BitMart, HTX, and others are also expected to... pic.twitter.com/KRTCyXqlPc— Dr Altcoin (@Dr_Picoin) May 2, 2025This regulatory milestone is crucial as it turns PI from a mined token into a buyable asset, bridging it closer to mainstream finance.Technical Analysis: What the Charts SayFrom a trading standpoint, PI/USDT currently trades around $0.586, hovering near the 0.618 Fib level at $0.6109, which acted as a resistance.On the downside, key support zones lie at the following Fib levels: 1.618 ($0.5539), 2.618 ($0.5187), 3.618 ($0.4836), and 4.236 ($0.4618).A drop below $0.553 could see Pi retrace deeper into the lower Fib bands, with $0.518 and $0.483 becoming likely support areas. If these fail, sentiment could turn decisively bearish.Meanwhile, the MACD line is currently slightly below the signal line, suggesting a weakening bullish momentum. While it’s not yet a strong bearish crossover, there’s enough flattening to indicate uncertainty. If the MACD crosses clearly downward, expect further downside.The Relative Strength Index (RSI) is at 42.23 and in a neutral-to-bearish territory. It’s neither oversold nor indicating a reboundIf PI breaks and holds above the $0.6109 resistance, it could set the stage for a rally toward $0.65 and possibly $0.70, particularly if global news—like exchange listings or ecosystem launches—provides tailwinds.Failure to hold $0.5539, followed by breach of $0.5187, could confirm a bearish structure, opening doors to retest $0.48 or even $0.46, levels aligned with deeper Fib supports.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.Source link

You may also like

AI within artillery range

“The cloud” is a metaphor, but the data center isn’t.

March 4th Market Key Intelligence, How Much Did You Miss?

1. On-chain Flows: $39.6M USD inflow to Hyperliquid today; $29.7M USD outflow from Base 2. Largest Price Swings: $EDGE, $POWER 3. Top News: Altman defends Pentagon deal at all-hands, calls backlash "really painful"; OpenAI also seeking NATO contracts

Taking Stock of Crypto's Washington Power Players: Who is Advocating for US Crypto Regulation?

These institutions have jointly defined the industry's underlying values, marking the U.S. crypto industry's shift to a "professionalized, ecological, and refined" era of policy gamesmanship.

DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


Uncovering YZi Labs 229 Investment: Over 18% of the portfolio is already inactive, with an average project transparency score of 78

In terms of strategic direction, YZi Labs has begun to extend into areas such as AI and stablecoins, but overall it is still in the layout and validation stage.

The business of crypto VC is becoming promising

Homogenized industries are ultimately fragile; only when different species can emerge does the market truly come alive.