hodler

8 Apr 2026, 17:23

Cango Sells More Bitcoin as It Cuts Debt and Funds AI Shift

Chinese automotive services company turned Bitcoin miner Cango has sold another part of its Bitcoin holdings as it keeps cutting debt and reshaping its business. In a March operational update released Tuesday, the company said it sold 2,000 BTC during March and used the proceeds to retire more Bitcoin backed loans. As of March 31, Cango said its remaining Bitcoin backed loan balance stood at $30.6 million, while its treasury held 1,025.69 BTC. That sale followed a much larger transaction in February. Cango said on Feb. 9 that it had sold 4,451 BTC on the open market for about $305 million in net proceeds, settled in USDT. The company said it used the full amount to partially repay a Bitcoin collateralized loan. Together, the two disclosed sales show that Cango has sold at least 6,451 BTC this year. The company has tied the move to deleveraging and to a broader push beyond mining. It said the sales were meant to strengthen its balance sheet, reduce financial leverage and give it more room to invest in AI compute infrastructure. Cango links Bitcoin sales to AI expansion Cango said its strategy now goes beyond holding mined Bitcoin. In its February announcement, the company said it was using its grid connected mining infrastructure to build distributed compute capacity for the AI industry. It added that the first phase would focus on modular GPU compute nodes across existing sites. The shift comes as Cango faces pressure from its recent financial results. In its full year 2025 report, the company posted total revenue of $688.1 million. However, it also reported a net loss from continuing operations of $452.8 million, which it linked in part to transformation costs and market driven fair value adjustments. Even so, Cango said it is still improving its mining business while it changes direction. In the March update, the company reported an operational hashrate of 37.01 EH/s as of March 31. It also said its average cash cost per Bitcoin mined in March fell 19.3% from the fourth quarter of 2025 to $68,215.83, showing lower production costs as it trims debt and repositions the business.

8 Apr 2026, 17:00

Bitcoin hashrate drops 77% in Iran: Can stability hold as miners relocate?

Bitcoin absorbs mining shocks as hashrate redistributes, while miner stress and falling reserves reshape supply pressure.

8 Apr 2026, 15:35

New research says quantum computers won’t break Bitcoin mining — but here’s what could

A new study challenges fears of quantum mining dominance, arguing that real-world constraints make it impractical while highlighting cryptographic risks instead.

8 Apr 2026, 15:03

Chinese billionaire shorts Ethereum (ETH)

Chinese billionaire Jiang Zhuoer has turned bearish on Ethereum ( ETH ) in the short- to medium-term, disclosing a new short position on April 8. Zhuoer, the founder and CEO of BTC.TOP – one of the largest Bitcoin mining pools – shorted Ethereum at $2,242. As with his previous trade, he did not disclose the size of the position. Nonetheless, Zhuoer stated that his latest ETH trade is driven by prevailing macroeconomic conditions. Earlier in February 2026, he opened a long position in Ethereum at $1,850, citing the asset’s oversold condition, before closing it at $2,144 on March 4 amid uncertainty over the escalating U.S.-Iran conflict. Why is Zhuoer bearish on Ethereum? Zhuoer asserts that Ethereum remains in a bear market cycle, characterizing the current phase as a subdued recovery rather than a full trend reversal. As such, he treats any event-driven price rally as a chance to build additional short exposure. Amid the escalating U.S.-Iran military conflict that has irritated global markets, Zhuoer identifies the heightened risk of a further crisis as a primary factor weighing on risk assets, including Ethereum. He draws a parallel to the 1956 Suez Crisis, when Britain’s forced withdrawal from the canal marked the rapid decline of British global power in the years that followed. Currently, Zhuoer expects Iran to gain effective control of the Strait of Hormuz by collecting tolls on tanker traffic, marking the end of the conflict. He sees such an outcome as a structural shift in global energy flows with lasting implications for risk assets. ETH price analysis The medium-term bearish outlook for Ethereum is reinforced by its multi-week consolidation following the sharp selloff in late January and February. As Finbold reported , most cryptocurrency pairs have been forming a potential bearish flag, a continuation pattern indicating a likely downtrend resumption after brief consolidation. ETH/USD YTD performance. Source: Finbold Since Ethereum price dropped below $2,000 in early February, it has been forming a possible bearish pennant. As such, the 8% rally in ETH’s price over the past 24 hours, to around $2,233, could be a dead-cat bounce. The post Chinese billionaire shorts Ethereum (ETH) appeared first on Finbold .

8 Apr 2026, 14:50

Pi Network Price Prediction 2026–2032: Can Pi Reclaim Its All-Time High soon?

Key Takeaways: Pi price faces volatility below the $0.18 level. Our Pi network price prediction anticipates the Pi price to reach a maximum level of $0.5695 by 2026. In 2032, the Pi price prediction expects Pi to reach a maximum level of $1.71. Pi Network began as a mobile-focused crypto project designed to make digital assets accessible to everyday users. After reaching an all-time high of $2.98 in February 2025, Pi declined and later hit a new low of $0.1312 in February 2026 amid weak demand. Recently, Pi launched its second migration phase. It was also listed on Kraken on March 13, improving liquidity and access for U.S. investors. The network also upgraded to Protocol 20.2, with a Protocol 21 upgrade deadline set for April 6, followed by further updates to enable smart contracts. With these ecosystem upgrades, migration-driven supply changes, and new exchange liquidity shaping market sentiment, questions remain: Can Pi stabilize after recent volatility? Will adoption support a recovery? This Pi price prediction examines Pi’s technical outlook to determine whether 2026–2032 favors a sustained recovery or further downside. Overview Cryptocurrency Pi Network Ticker Symbol Pi Price $0.1705 Price Change 24h 2.62% Market Cap $1.73B Circulating Supply 9.99B PI Trading Volume 24h $19.09M All-Time High $2.98, Feb 26, 2025 All-Time Low Feb 11, 2026 $0.1312 Pi Network Price Prediction: Technical Analysis Metric Value Current Price $0.1705 Price Prediction $ 0.1328 (-25.03%) Fear & Greed Index 8 (Extreme Fear) Sentiment Bearish Volatility 11.74% (Very High) Green Days 17/30 (57%) 50-Day SMA $ 0.1859 200-Day SMA $ 0.2676 14-Day RSI 47.94 (Neutral) Pi Price Analysis TL;DR Breakdown : Today, Pi price shows weak movement near $0.170, struggling after a recent decline. The current support is at $0.165, with stronger backing near $0.170 lows. Resistance is seen around $0.175 and $0.180, limiting upside attempts. As of April 8, 2026, the Pi price analysis shows Pi trading at around $0.1705, with weak momentum following a recent drop. Price action remains under pressure, with sellers still controlling the trend despite minor recovery attempts. Pi price analysis 1-day chart Analyzing the daily Pi price chart, Pi continues to face selling pressure as it trades around $0.1705, showing a slight 0.70% decline in the last 24 hours. The price remains weak after failing to hold higher levels. Sellers are dominating near resistance zones. Pi’s market cap and trading activity remain subdued, which shows limited investor participation in the current trend. PI/USDT Chart: TradingView Technical indicators show a weak momentum. The RSI (14) is at 42.82, which is neutral, meaning that Pi is neither oversold nor showing strong buying interest. The MACD remains negative, with the signal line above the MACD line, confirming continued bearish pressure. Pi is holding above immediate support at $0.165, which continues to act as a key level for buyers. Resistance is seen between $0.175 and $0.180, and a breakout above this zone is required to confirm a short-term recovery. Pi Price Analysis: 4-Hour Chart The four-hour chart analysis suggests buyers are trying to stabilize the price after a continued downtrend, aiming to hold above the $0.170 level. The price continues to move within a tight range without breaking key resistance levels. However, upward momentum remains limited on the session. The RSI (14)is at 48.90, a neutral momentum showing that neither buyers nor sellers have full control in the short term. This highlights consolidation, with price action lacking strong direction. The MACD indicator remains slightly negative, with the signal line still above the MACD line, which indicates that bearish pressure has not fully faded. Although small recovery attempts are visible, sellers continue to defend higher levels, keeping the price below the $0.175 resistance zone. PI/USDT Chart: TradingView Pi Network Price Prediction: Levels and Action Daily Simple Moving Average (SMA) Period Value Action SMA 3 $0.1893 SELL SMA 5 $0.1840 SELL SMA 10 $0.1836 SELL SMA 21 $0.1933 SELL SMA 50 $0.1859 SELL SMA 100 $0.1874 SELL SMA 200 $0.2676 SELL Note: Each SMA value is calculated using the average closing price of Pi Network over the specified period. Daily Exponential Moving Average (EMA) Period Value Action EMA 3 $0.1873 SELL EMA 5 $0.1868 SELL EMA 10 $0.1886 SELL EMA 21 $0.1946 SELL EMA 50 $0.2069 SELL EMA 100 $0.2362 SELL EMA 200 $0.3230 SELL Note: Each EMA value above is calculated using the average closing price of Pi Network over the specified period, with more weight given to recent prices. What to expect from the next Pi price analysis? Pi may continue moving sideways unless buyers push the price above the $0.175 resistance for a short-term recovery. If the price drops below the $0.165 support, it could extend the current downtrend. Why is PI’s price down today? Today’s drop is mainly a geopolitical risk‑off move around the U.S.–Iran conflict, amplified by leverage and fragile sentiment, not a specific crypto fundamental blowup. Is Pi a Good Investment? Pi is a high-risk, speculative investment that could offer upside if its ecosystem grows and adoption increases. However, its price remains volatile and dependent on overall market conditions, so investors should be prepared for uncertainty. Will Pi Price Reach $5? At the current pace of development and given its total PI supply circulating supply of over 8 billion PI, Pi Network’s value is unlikely to reach $5 in the near term. The maximum supply of Pi tokens is 100 billion, and ongoing unlocks create significant selling pressure that must be absorbed by demand. Multiple technical quantitative indicators and fundamental factors, such as delayed mainnet launch and maximum supply constraints, suggest that Pi’s price may fluctuate within lower ranges before any major uptrend. Real-world utility will be crucial for supporting demand and helping Pi reach higher price targets. A $5 target would require sustained adoption, significant on-chain activity, and strong market demand that is not yet present. Will Pi Reach $10? Reaching $10 would represent a massive increase in Pi’s market cap, something that is not expected soon under current crypto market conditions. The $10 mark is considered an upper price target or the high end of speculative forecasts. Most models forecast a price range for Pi Network between $0.14 and $0.56 by the end of 2026, representing the lower end and high end of current predictions. Analysts suggest that even optimistic forecasts place this milestone more than a decade away, if at all. Investors should treat such projections as speculative investment advice and conduct their own research before making investment decisions, as Pi remains a high-risk asset with uncertain long-term value. Recent Pi News/Opinions The Pi Core Team has mandated that all mainnet node operators must upgrade to Protocol 21 by April 6, 2026. Nodes that fail to update will be disconnected from the network. This is a key step in the project’s second migration phase, focusing on infrastructure improvements ahead of future updates like Protocol 22.1 (April 22) and 23.0 (May 18), which aim to enable smart contracts. The Pi Mainnet is upgrading to Protocol 21 – Deadline: Apr 6. All Mainnet nodes are required to complete this step before the deadline to remain connected to the network. Details here: https://t.co/9VehO7hhj1 — Pi Network (@PiCoreTeam) March 27, 2026 The Pi Core Team announced that its Testnet now has a functional Remote Procedure Call (RPC) server. This allows developers to connect standard tools directly to the Pi blockchain to check balances, submit transactions, and view block data, moving beyond limited SDKs. Pi Testnet now has an RPC server. This is a major step toward Smart Contracts being simulated, tested, and deployed. pic.twitter.com/xIjAHSgn0n — Pi Network (@PiCoreTeam) April 1, 2026 The Pi Core Team announced the completion of its first KYC validator rewards distribution. This milestone involved over 1 million human validators who completed 526 million verification tasks, aiding the KYC process for more than 18 million users globally. Rewards were delivered directly to eligible validators’ Mainnet wallets. The first distribution of KYC validator rewards is now complete! Rewards were calculated for over 526 million validation tasks completed by more than 1 million KYC validators. This demonstrates the scale and capability of Pi’s decentralized human workforce worldwide in… — Pi Network (@PiCoreTeam) April 7, 2026 Pi Price Prediction April 2026 In April 2026, Pi’s price may attempt to hold an average of $0.2046 as the market stabilizes following recent selling pressure and migration-related volatility. A recovery toward $0.2477 could occur if buying interest improves and selling pressure slows. However, if bearish sentiment persists, Pi could move lower and consolidate around a new minimum near $0.17. Pi Price Prediction Potential Low Potential Average Potential High Pi Price Prediction April 2026 $0.17 $0.2046 $0.2477 Pi Price Prediction 2026 The price of 1 Pi is expected to reach a minimum level of $0.165 in 2026. The network pi price, which refers to the projected future price of Pi Network for 2026, can reach a maximum level of $0.5695 with the average price of $0.367 throughout 2026. Pi Price Prediction Potential Low ($) Potential Average ($) Potential High ($) Pi Price Prediction 2026 $0.165 $0.367 $0.5695 Pi Price Predictions 2027-2032 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2027 $0.1987 $0.2273 $0.256 2028 $0.4657 $0.5274 $0.5891 2029 $0.6120 $0.6900 $0.7680 2030 $0.7477 $0.8216 $0.8950 2031 $0.9825 $1.07 $1.16 2032 $1.34 $1.52 $1.71 Pi Price Prediction 2027 Pi price is forecast to reach a lowest possible level of $0.1987 in 2027. According to the latest Pi Network forecast for 2027, analysts predict the price could fluctuate within a range of $0.1987 to $0.256, reflecting both potential growth and volatility in the market. As per our findings, the PI price could reach a maximum possible level of $0.256 with the average forecast price of $0.2273. Pi Price Prediction 2028 In 2028, the price of Pi is predicted to reach a minimum level of $0.4657. The PI price can reach a maximum level of $0.5891, with the average trading price of $0.5274. Based on current forecasts, Pi Network could see significant price gains by 2028 if adoption and market sentiment continue to grow. Pi Price Prediction 2029 In 2029, Pi’s price is projected to reach a minimum of $0.6120. The PI price could rise to a maximum of $0.7680, with an average trading price of $0.6900 throughout the year. Market analysis of Pi coin suggests that these price predictions may be influenced by factors such as network adoption, token unlocks, and infrastructure upgrades. Pi Price Prediction 2030 In 2030, Pi is forecast to trade at a minimum level of $0.7477. Recent price analysis of Pi today provides valuable insights into its current value and helps inform these long-term investment predictions. The PI price could reach a maximum of $0.8950, with an average forecast price of $0.8216. Pi Price Prediction 2031 In 2031, Pi’s price is expected to hold a minimum value of $0.9825. When considering Pi Network today, its current value and market trends provide a foundation for projecting its future value, including the 2031 forecast. The PI price could climb to a maximum of $1.16, with an average trading value of $1.07. Pi Price Prediction 2032 In 2032, Pi is expected to reach a minimum price of $1.34. The PI price could rise to a maximum of $1.71, with an average value of $1.52. Traders often analyze Pi Network price movements using trading strategies that focus on indicators, chart patterns, and support and resistance levels to forecast potential market fluctuations leading up to 2032. Pi Network Price Prediction: Analysts’ Pi Price Forecast Firm Name 2026 2027 Coincodex $0.4616 $ 0.4080 DigitalCoinPrice $ 0.2310 $ 0.2420 Cryptopolitan’s Pi Price Prediction At Cryptopolitan, we remain constructively bullish on Pi’s long-term outlook, despite weak short-term momentum. Pi Network’s price and Pi Network’s price action are primarily influenced by supply and demand dynamics, with recent trends reflecting how traders respond to changes in token supply, network updates, and broader market sentiment. Investors are keenly watching the Pi market, using technical analysis tools such as RSI and moving averages to assess market conditions and predict whether the market is overbought, oversold, bullish, or bearish, as they analyze shifts in Pi Network’s price and seek independent professional consultation for informed decisions. In 2026, the price of 1 Pi is expected to reach a minimum level of $0.165 in 2026. The PI price can reach a maximum level of $0.5695 with the average price of $0.514 throughout 2026. Pi Historic Price Sentiment Pi Network launched in 2019 with mobile mining and operated in a closed ecosystem with no official market price, as tokens couldn’t be traded externally. Between 2023 and 2024, Pi remained unlisted, with speculative prices ranging between $0.60 and $1.00 in unofficial markets. In February 2025, Pi reached an all-time high of $2.98 following initial listings and increased public speculation. In March 2025, Pi’s price dropped sharply after instability followed the final KYC verification deadline, trading between $1.85 and $0.90 during the decline. In April 2025, Pi Network hit its all-time low (ATL) of $0.4012 on April 5. From May to August 2025, Pi declined after failing to hold gains near $1.67, with token unlocks and weak demand pushing the price lower toward the $0.34 and $0.44 range. In September 2025, Pi fell to a new all-time low of $0.2234 before recovering slightly to the $0.25–$0.28 range. On October 11, 2025, Pi Network hit a new all-time low of $0.1585, reflecting the peak of a prolonged market crash and severe selling pressure. Between November and December 2025, Pi traded mostly between $0.20 and $0.26 as selling pressure eased, but recovery remained weak. In early 2026, Pi fell further and reached a new all-time low of $0.1312 on February 11 before stabilizing. By late March 2026, Pi traded between $0.17 and $0.19, showing gradual recovery and improving short-term stability. As of April 1, 2026, Pi Network is trading near the $0.178 level, holding within the $0.17 and $0.18 range.

8 Apr 2026, 14:20

Best Free Crypto Cloud Mining Platforms in 2026 (Earn Bitcoin on Android & iOS)

Cloud mining has become one of the most searched topics in crypto, as users look for ways to earn Bitcoin without hardware, electricity costs, or technical complexity. In 2026, free cloud mining platforms will make it possible to start mining with just a smartphone, turning crypto mining into a mobile-first passive income opportunity. This Guide Continue reading "Best Free Crypto Cloud Mining Platforms in 2026 (Earn Bitcoin on Android & iOS)"