Altcoin
Binance Sidelines Pi Network Again In Vote To List Initiative, Here’s All
As Binance’s Vote to List initiative kicks off, the exchange has turned its back on Pi Network for the second time. Binance is proceeding with the decentralized listing program but Pi Network is noticeably absent from the raft of cryptocurrencies.
Pi Network Fails To Make Binance List
Pi Network enthusiasts are in limbo following the absence of the token in Binance’s Vote to List initiative. According to a press release, Binance has opened voting for its second Vote to List initiative.
This time, 12 tokens are up for community voting, with Binance proceeding to spot-list successful tokens. Apart from vote count, Binance says it will consider trading demand, a risk assessment, and a compliance check to decide on tokens that will make the listing.
The selected tokens include VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME. While the first focused on memecoin, the second iteration beams a searchlight on utility tokens cutting across several verticals.
Back in March, Binance excluded Pi Network from its first edition of the Vote to List initiative. Binance has clarified that only BNB-based projects will be allowed to participate in the Vote to List initiative, dousing optimism for Pi Network enthusiasts.
When Will Binance List The Asset?
Despite Pi missing out on the Vote to List program, there is still a ray of hope for community members. Binance can list Pi via a direct listing in the future but a timeline is unavailable.
Experts say a lack of transparency by The PiCoreTeam (PCT) is a reason why Binance has not listed Pi Network. Particularly, the exchange took swipes at the PCT for failing to give proper disclosures on the Pi Network’s locking and burning mechanism.
Pi Network secured a major listing on the BTCC Exchange, bringing the token closer to being listed on mainstream exchanges. While a listing hovers on the horizon for Pi, the PCT’s domain auction is gathering steam with over 200,000 bids.
Pi price has been largely underwhelming over the last day, losing nearly 5%. Pi trades at $0.6646 to drop below the $0.7 mark for the first time in over a month.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Virgil Griffith, a former Ethereum developer who worked on the Ethereum Name Service (ENS), has been released from prison on parole and relocated to a halfway house.
Updates posted on X on Wednesday, April 9, 2025, disclosed that Griffith is now starting his return to civilian life after serving some of his sentence for violating US sanctions.
Ethereum Developer’s Prison Release Confirmed By Sources
Brantly Milegan, executive director of Ethereum Identity Foundation, broke the news with a photo of Griffith and his parents outside the prison. Alexander Urbelis, ENS general counsel and part of Griffith’s legal team, confirmed his release from FCI Milan in Michigan.
VIRGIL GRIFFITH IS OUT OF PRISON!!!
just released this morning! he’ll be in a halfway house for a few weeks, and parole after that with work restrictions (so a pardon is still important), but HE IS OUT
pic.twitter.com/Q4jRZmryGk
— brantly.eth (@BrantlyMillegan) April 9, 2025
Griffith was arrested in November 2019 after speaking at a cryptocurrency conference in North Korea. Prosecutors claimed his presentation provided information that could help North Korea evade sanctions and launder money.
From 63 Months To 56: The Sentence Journey
In 2022, Griffith was sentenced to 63 months in prison and meted a fine of $100,000 after pleading guilty to the International Emergency Economic Powers Act. In July 2024, US District Judge Kevin Castel lowered his sentence to 56 months, citing him as a first-time offender.
ETHUSD trading at $1,598 on the daily chart: TradingView.com
Crypto Return Faces Serious Hurdles
Griffith himself starts a several-year probation term. His attorneys are fighting to transfer him from the halfway house to home confinement, but returning to regular life is hindered.
The Department of Commerce placed severe export restrictions on Virgil that will extend until 2032, Urbelis explained. These limits could block his return to the cryptocurrency field.
Presidential Pardon Possibility Under Trump Administration
Before joining Ethereum, Griffith earned a Ph.D. from Caltech and created WikiScanner, a tool tracking anonymous Wikipedia edits. He also worked with Aaron Swartz on Tor2web.
According to Urbelis, Griffith is seeking a pardon from US President Donald Trump. Trump has previously granted clemency to others in crypto-related cases, including Ross Ulbricht and Arthur Hayes.
The case has triggered debate about sharing open-source information versus helping sanctioned nations. Ethereum co-founder Vitalik Buterin has supported Griffith, even signing a petition calling for his release in 2023.
Featured image from Thiessen Law Firm, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Cryptocurrency exchange Binance has revealed the listing of BABY, the native token of the Babylon Genesis blockchain. The listing comes as the Babylon Foundation finished its airdrop of 600 million BABY tokens to early adopters and contributors to the ecosystem.
Babylon Genesis Launches As First Bitcoin-Secured L1 Blockchain
The Babylon Genesis blockchain has officially gone live. The project has described itself as the launch of “the world’s first L1 blockchain secured by Bitcoin.” According to an X post by the Babylon team, this launch establishes the Babylon Bitcoin staking protocol as a “foundational infrastructure layer for Bitcoin.”
Babylon Genesis is Live: Secured by Bitcoin to Unite the Decentralized World
Babylon Genesis, the world’s first L1 blockchain secured by Bitcoin, officially launches today.
This launch cements the Babylon Bitcoin staking protocol as the foundational infrastructure layer for… pic.twitter.com/tPXa8npbWH
— Babylon (@babylonlabs_io) April 10, 2025
The project brings with it a fresh paradigm to securing blockchains as it employs Bitcoin as the Layer-1 blockchain’s security mechanism. In the system, the holders of Bitcoin are able to stake their BTC in order to secure the Babylon network and, as a reward, receive BABY tokens.
Babylon’s mission is to realize the maximum utility of Bitcoin by reconditioning “idle Bitcoin to be the foundation of the decentralized economy.” Such an approach helps fix Bitcoin’s lack of programmability without violating its security paradigm by using the staking protocol.
BABY Token Airdrop Successfully Launched
Babylon Foundation reported the completion of its airdrop of BABY tokens to early entrants in its ecosystem. According to official information, the airdrop distributed 600 million BABY tokens. This accounts for 6% of the total supply of 10 billion tokens.
In their announcement tweet, the foundation stated: “Dear Babylonian, the Babylon Foundation is happy to announce that the airdrop has just been successfully executed! You should be able to see your BABY in your wallet very soon.”
Dear Babylonian, the Babylon Foundation is happy to announce that the airdrop has just been successfully executed! You should be able to see your BABY in your wallet very soon. There is no transfer restrictions on your BABY. You could also stake your BABY to secure Babylon…
— Babylon Foundation (@bbn_foundation) April 10, 2025
The foundation confirmed that there are no transfer restrictions on the airdropped tokens. This gives recipients immediate freedom to trade or use their BABY holdings. Recipients also have the option to stake their BABY tokens to secure the Babylon Genesis network and earn additional tokens as staking rewards.
The airdrop acts as a reward mechanism for early adopters and as a way to distribute governance rights.
Binance Listing Details And Token Information
Binance’s listing of the BABY token provides immediate liquidity for airdrop recipients and other BABY holders. According to the exchange’s announcement, trading for BABY began on April 10, 2025, at 10:00 UTC. The tokens are available to trade against five different currencies: USDT, USDC, BNB, FDUSD, and TRY.
The leading crypto exchange has applied the “seed tag” to BABY. This generally indicates to traders that the token is in early stages and may carry additional investment risks. Deposits for the token will be enabled six hours after Binance’s announcement. This allows users time to prepare for trading. The exchange’s announcement comes after it unveiled its decision to delist 7 crypto pairs.
The total supply of BABY tokens is set at 10 billion, with the recent airdrop distributing 600 million tokens or 6% of this total supply. This distribution approach aims to establish a broad base of token holders who can participate in the network’s governance from its early stages. According to CoinMarketCap data, Babylon is trading at $0.1032 with a market cap of $234 million.
Vignesh Karunanidhi
Vignesh Karunanidhi is a seasoned crypto journalist with nearly 7 years of experience in the cryptocurrency industry. He has contributed to numerous publications, including WatcherGuru, BeInCrypto, Milkroad, and authored over 10,000 articles
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
XRP price has surged nearly 10% today, indicating a renewed market interest in Ripple’s native asset. Notably, the robust surge comes amid a broader crypto market recovery and several other positive developments like the successful ETF launch in the US. Amid this, a top expert has highlighted the XRP/BTC performance and said that Ripple’s native asset is likely to hit $22 if Bitcoin hits a new ATH ahead.
XRP/BTC Bullish Cross Signals Massive Surge Ahead
Crypto analyst EGRAG CRYPTO recently highlighted a major bullish signal on the XRP/BTC chart. He pointed out a rare crossover of two key indicators, i.e. the 55-week Exponential Moving Average (EMA) and the 155-week Moving Average (MA). According to him, this “Bullish Cross” could be a game-changer for XRP holders.
EGRAG explained that the last time this crossover occurred was back in May 2017. XRP price rallied 958% shortly after that event. A similar cross took place again on February 17, 2025, and could repeat the explosive pattern if market conditions align.
Meanwhile, he added that if XRP/BTC retests the 55 EMA level of 0.00001850, Ripple’s coin could reach around $1.48, assuming Bitcoin trades at $80,000. However, if the historical pattern plays out and XRP/BTC gains another 958%, XRP price could skyrocket much higher. Besides, it also comes amid a surge of nearly 6% in BTC price today.
XRP Price Likely To Follow Bitcoin Move
EGRAG CRYPTO’s prediction hinges heavily on Bitcoin’s next major move. If Bitcoin price revisits its 2025 ATH near $109,000 and retraces to $97,000, XRP could hit $16.5. But if BTC breaks into higher territory, the numbers look even more bullish.
For context, he calculated that if Bitcoin touches $130K, XRP could trade at $22. Furthermore, if BTC rallies to $150K, XRP might surge to $25. A push toward $170K could propel XRP to $29, he added.
Why Does This Technical Signal Matters?
The analyst believes most traders overlook the significance of the 55 EMA and 155 MA combination. He noted that many still doubt XRP’s ability to reach double digits, especially after the recent crypto market crash.
However, the analyst remains firm in his belief that the chart tells a different story. He believes that as long as the XRP/BTC pair holds above the 55 EMA, the bullish projection for the XRP price stays valid.
XRP Price Soars 10%
XRP price today was up nearly 10% and exchanged hands at $2, while its one-day volume rose 3% to $8 billion. Simultaneously, the XRP Futures Open Interest also soared past the $3 billion mark with over 4% surge, CoinGlass data showed.
Notably, this recent surge comes as the Ripple network has seen a massive surge in active addresses recently. Besides, the recent XRP ETF launch in the US has also bolstered market confidence. The first-day volume of the Teucrium 2X Long Daily XRP ETF has outshined Solana’s 2X ETF (SOLT) first-day volume.
Considering all these fundamental developments, it appears that the crypto is gearing up for a major rally ahead. Besides, the analyst’s forecast, if holds true, could send the crypto to over $20 in the coming days.
Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Trump’s Surprise Move Sends ETH Up 15%
Ethereum’s Controversial Developer Freed Before Full Sentence
Solana Price Attempts Recovery, Nears $120, But Needs A Push
XRP Price Eyes $2.0 Breakout—Can It Hold and Ignite a Bullish Surge?
Ethereum Long-Term Holders Show Signs Of Capitulation – Prime Accumulation Zone?
Binance Lists BABY As Bitcoin Protocol Babylon Goes Live
-
Bitcoin17 hours agoMicroStrategy Bitcoin Dump Rumors Circulate After SEC Filing
-
Altcoin20 hours agoNFT Drama Ends For Shaquille O’Neal With Hefty $11 Million Settlement
-
Altcoin19 hours agoIs Dogecoin Price Levels About To Bounce Back?
-
Market17 hours agoXRP Primed for a Comeback as Key Technical Signal Hints at Explosive Move
-
Market18 hours agoSEC Approves Ethereum ETF Options Trading After Delays
-
Market23 hours agoCrypto Market Rallies After Trump’s 90-Day Pause on Tariffs
-
Altcoin21 hours agoEthereum Price Signals Strong Recovery After Forming Historical Pattern From 2020
-
Regulation16 hours agoUS Senate Confirms Pro-Crypto Paul Atkins As SEC Chair
Arabic
Chinese (Simplified)
Dutch
English
French
German
Italian
Portuguese
Russian
Spanish
Vietnamese
✓ Share: