Live Updates on Bitcoin and XRP News, Pi Network Price, and Bybit Hack Developments

The Senate of Georgia has put forth SB 228, marking the state’s second Bitcoin reserve initiative. This comes just ten days after SB 178, which is supported by Republican sponsors. SB 228 is spearheaded by Democrats, representing the first partisan challenge in Bitcoin reserve legislative efforts.

Pi Coin has risen more than 27% and is currently trading at $1.64, rebounding from recent dips. The community is eagerly anticipating a potential listing on Binance, with 85% of poll respondents in favor—though no official confirmation has yet been provided. Increased trading activity and substantial capital inflows indicate robust investor interest. Pi Coin’s presence is also growing with listings on prominent exchanges like OKX, MEXC, Bitget, GateIO, and Pionex.

As of today, Bitcoin’s price is approximately $95,600, maintaining stability within a three-week range between $94,000 and $100,000. A close below $94,000 could trigger a decline, potentially testing the crucial support level of $90,000.

Pump.fun, a platform dedicated to the creation of memecoins on the Solana blockchain, is testing its own Automated Market Maker (AMM). This development could lead to a shift in token liquidity from Raydium, affecting fee structures and market dynamics. Social media discussions suggest that Pump.fun may introduce higher fees or a new reward mechanism for token holders, igniting conversations within the crypto community.

Bybit’s CEO, Ben, has announced the company has successfully closed its ETH deficit. A new audited Proof of Reserves report is forthcoming, confirming that client funds are now completely backed 1:1 through a merkle tree structure. On-chain data reveals that Bybit has secured more than 400,000 ETH via OTC transactions and loans.