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Meanwhile, the PI token continues to fight off the $0.20 support. The Core Team behind the popular project just announced a new update for the Pi Node, which has been upgraded to version 0.5.4. It comes with several improvements for the overall user experience, including on the Pi Desktop application. At the same time, the protocol’s native token continues to struggle at just over $0.20 amid the overall market uncertainty. Pi Node Version 0.5.4 Is Here The statement reads that the new version aims to improve reliability, accessibility, Node rewards calculations, and “responding to issues raised by the Pioneer…

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Wall Street bank JPMorgan (JPM) called Robinhood’s (HOOD) third-quarter results solid but lower quality, as weaker crypto revenue and tax benefits drove much of the earnings beat. The bank said the roughly 15% earnings per share (EPS) beat was mostly due to a lower tax rate tied to stock-based compensation from the 52% rise in the share price, in a report published Thursday.Analysts led by Kenneth Worthington expect the trading platform’s margins to keep improving and raised their price target on the shares to $130 from $122, while reiterating their neutral rating on the stock.The shares slumped 11% yesterday, closing…

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The Pi Network has rolled out Pi Node version 0.5.4. The update introduces performance enhancements, refined reward calculations, and an improved user experience. Despite these technical advances, the ecosystem is facing challenges. Mainnet activity remains low, and developer confidence is declining. Furthermore, Pi Coin’s price is also under pressure, having dropped nearly 10% over the past week.Sponsored SponsoredPi Network Introduces New Technical EnhancementsThe Pi Core Team announced the release of Pi Node version 0.5.4 on November 6. The application was also renamed “Pi Desktop” to reflect broader functionality. Users can now access the Node, mining app, and Pi App Studio…

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Paul Erlanger and Se Yong Park, co-founders of consumer crypto trading app Fomo, took an unusual route to raising capital that is paying off for them. Their app launched in May and they just announced a $17 million Series A round led by Benchmark — an atypical crypto bet for the top-tier VC firm — bringing total funding to $19 million. Instead of a classic seed round, the founders drew up a list of 200 people they dreamed of having as angel investors.  “We knew that every single person would be valuable to us in the business,” Erlanger told TechCrunch. …

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Zach Anderson Nov 07, 2025 10:26 Anthropic and Iceland’s Ministry of Education launch a national AI education pilot, utilizing AI technology to enhance teaching methods and student learning across the country. Iceland has embarked on a groundbreaking initiative in collaboration with AI safety company Anthropic, aiming to integrate artificial intelligence into its education system. This pioneering project, announced by Anthropic and Iceland’s Ministry of Education and Children, seeks to provide teachers across Iceland with access to advanced AI tools, marking one of the first national AI education pilots globally. AI in Education: A…

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FIL$2.2829 delivered one of cryptocurrency’s most explosive moves over the 24-hour period, soaring from $1.33 to $2.27 in a rally that established the token as a clear sector leader, according to CoinDesk Research’s technical analysis model.The 70% advance occurred across a total range of $0.95, with FIL demonstrating sustained momentum through three distinct phases of accumulation, breakout, and consolidation above psychological levels, according to the model.The model showed that the most dramatic movement materialized at Nov. 7 00:00 UTC when exceptional volume of 72.8 million tokens, 247% above the 24-hour simple moving average, drove prices through critical resistance at $1.93.…

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IREN (IREN) reported record fiscal first-quarter earnings as it expanded further into AI cloud computing and revenue from bitcoin BTC$102,012.68 mining surged.Net income in the period ended Sept. 30 rose to $384.6 million, reversing a year-earlier loss of $51.7 million, the company said on its website. Total revenue rose 355% to $240.3 million, with bitcoin mining accounting for $232.9 million, 50-times the year-earlier figure.The Sydney, Australia-based company is one of a broader trend of bitcoin miners repurposing their energy and data center assets to serve the booming AI compute market. Earlier this week, Mara Holdings (MARA), which is following a…

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Bitcoin’s price showed renewed weakness, dipping nearly 4% on Monday. According to a detailed on-chain analysis, this raises the possibility of a test of the crucial $104,000 support level.On-chain data platform Glassnode posted the analysis on X on Tuesday, observing a persistent failure in upward momentum. The firm pointed out, “Since July, BTC has consistently failed to reclaim the cost basis of the top buyers’ supply.”Key Support and Resistance LevelsThe analysis utilizes the “Top Buyers Cost Basis Distribution” metric. This metric maps Bitcoin’s price against the average acquisition price (Cost Basis) for different cohorts of the market’s most recent and…

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The bankruptcy estate of the now-defunct crypto exchange FTX has dropped its bid to limit payouts to creditors in certain “restricted foreign jurisdictions.”On Monday, the FTX Recovery Trust filed a notice withdrawing its request to implement special procedures for jurisdictions such as China, which had been flagged as potentially restricted under the confirmed bankruptcy plan.“If and when the FTX Recovery Trust seeks to renew the relief requested in the Motion, the FTX Recovery Trust shall file a motion and provide notice in accordance with the applicable rules,” the notice states, adding that the motion has been withdrawn without prejudice.The trust…

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The total crypto market cap is down to just over $3.5 trillion. Bitcoin’s early-November slump continues in full force as the asset plunged below $104,000 to mark a multi-month low (on most exchanges). The altcoins have been battered even more, aside from a few privacy coins, which have registered impressive gains. BTC Dives Below $104K It was a week ago when the primary cryptocurrency tested the $116,000 resistance on a couple of occasions, but to no avail. The rejection following the second attempt was particularly painful as the asset slumped to $112,000 a day later. Then came the US…

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