DeFI News by Thebittimes.Com

The cryptocurrency market is experiencing a massive correction today. Pi Coin (Pi Network/PI) has been facing a similar fate over the last few months. The coin experienced a surge in popularity earlier this year, hitting an all-time high of $2.99 on Feb. 26. Pi Coin’s (PI) price has seen a 90.1% crash since its February peak. According to CoinGecko, PI’s price has fallen by 17.3% in the last 24 hours, 15.5% over the last week, 15.2% in the 14-day charts, and 18.2% over the previous month. Let’s discuss if PI has lost its momentum, and if the hype around the project has died. Source: CoinGecko Has Pi Coin Lost the Hype After a 90% Price Crash? Source: Bankless Times While Pi Coin (PI) was rallying in late February, the larger crypto market was facing a correction. The divergent trend could mean that PI’s rally was not due to a bullish market. PI’s rally and popularity were tied to online buzz and speculation. The lack of hype is a major factor for PI losing ...

ARK Invest has bought $8.2 million Bullish shares after the crypto exchange’s stock sank 18% over the past month. A filing   shows Cathie Wood’s firm added more than 160,000 shares across its ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). The purchases lift ARK’s total Bullish holdings to more than $129 million across three funds. The move highlights the investment manager’s strategy of buying the dip, reinforcing its long-term bet on Bullish despite the recent selloff. The exchange is set to release its first earnings report tomorrow, a test of whether it can regain investor confidence. Here's every move Cathie Wood and Ark Invest made in the stock market today 9/16 pic.twitter.com/7PZrr6Hfjs — Ark Invest Tracker (@ArkkDaily) September 17, 2025 ARK Invest Buys The Dip After Partial Profit Taking AKR Invest has backed Bullish ever since its public debut on the New York Stock Exchange (NYSE) in August. On its first tradi...

President Donald Trump’s personal cryptocurrency portfolio suffered a dramatic decline in the first half of 2025, with its total value plunging by 78.35% since the start of the year, according to data from Finbold’s H1 2025 Cryptocurrency Market Report.  On January 1, 2025, the value of Trump’s wallet stood at approximately $10.16 million. By June 30, it had fallen to just $2.20 million, representing a loss of $7.96 million over six months. The bulk of this decline occurred in Q1, with the portfolio hitting a low of $1.96 million by the end of March. However, Trump’s holdings did show a mild recovery in the second quarter, gaining around $240,000, or 12.24%, between April and June. What crypto does Trump hold? Trump’s largest holding remains the meme token TROG, with a current valuation of over $800,000. Other notable assets include USDC, MAGA (TRUMP), and MATIC. While the wallet’s contents have drawn attention due to his return to the White House, it is impor...