PI holds below $0.0800 as stablecoin plans emerge, but downside risks persist

Key takeaways

  • Pi Network traded below $0.080 Wednesday after a 2% rebound the previous day.
  • The Pi Core Team is exploring stablecoin integration intended to complement PI’s existing utility.
  • PI remains below its 50-day and 200-day EMAs, with weak momentum keeping the near-term outlook bearish.

Pi Network (PI) has dropped below $0.0800 on Wednesday after a modest rebound helped it avoid extending losses below last week’s low.

The token traded around $0.07956, losing the previous session’s 2% gain. Meanwhile, the Pi Core Team reiterated its exploration of stablecoin integration as a way to broaden activity across the ecosystem.

Despite the recovery, PI remains below key moving averages, leaving the price vulnerable if support at $0.0774 fails.

Pi Core team explores stablecoin integration

The Pi Core Team is considering how stablecoins could support additional ecosystem uses while preserving PI’s role as the network’s native cryptocurrency.

Its partnership with Open Standard, the issuer of OUSD, focuses on potential stablecoin integration and rewards programs for Pi users, known as Pioneers.

According to the announcement, Open Standard is backed by companies including Visa and Stripe. Planned OUSD rewards initiatives aim to encourage broader ecosystem participation.

The integration remains an area of exploration, with the team emphasizing that stablecoin functionality should complement PI’s utility.

PI rebounds but remains below key moving averages

PI’s rebound has provided some relief after recent selling pressure, but the broader technical picture remains weak.

The token trades below the 50-day exponential moving average at $0.0882 and the 200-day EMA at $0.1256. Both remain overhead barriers to a sustained recovery.

In the near term, PI is trading between support at $0.0774 and resistance around $0.0827. The latter corresponds to the 23.6% Fibonacci retracement identified in the analysis.

Until buyers overcome that upper boundary, the latest gain remains a rebound within a bearish structure.

The Relative Strength Index is near 37, below its neutral midpoint and consistent with continued selling pressure.

The Moving Average Convergence Divergence indicator remains slightly negative and below its signal line, reinforcing the cautious outlook.

These readings suggest the rebound has yet to produce a convincing shift in momentum. Holding above $0.0800 offers short-term stability, but buyers still need to clear nearby resistance.

PI/USD Daily Chart

On the downside, a sustained break below $0.0774 could expose the $0.0704 swing low.

On the upside, PI first needs to reclaim $0.0827 before challenging the 50-day EMA at $0.0882. Moving above both levels would strengthen the case for a more durable recovery.

A sustained advance beyond $0.0882 could then bring the 50% Fibonacci retracement near $0.0990 into focus.

For now, the ability to defend $0.0774 and overcome $0.0827 will help determine whether the rebound develops into a recovery or gives way to renewed losses.

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KuCoin Nigeria secures conditional entry into SEC Nigeria’s ARIP

  • KuCoin Nigeria wins conditional SEC approval to enter regulatory incubation.

  • Approval does not allow KuCoin Nigeria to launch services or onboard users.

  • KuCoin says Nigeria move forms part of its wider global compliance strategy.

KuCoin Nigeria has received conditional Approval-in-Principle from Nigeria’s Securities and Exchange Commission for admission into the regulator’s Accelerated Regulatory Incubation Programme, marking another step in the crypto exchange’s wider compliance push.

The approval, announced on October 13, remains conditional and does not amount to a final registration, licence, endorsement or recommendation from SEC Nigeria.

It also does not allow KuCoin Nigeria to begin operations, onboard customers or offer services to the Nigerian public.

Approval covers proposed operating framework

As part of the review process, KuCoin Nigeria demonstrated elements of its proposed platform and operating model to the regulator.

The presentation covered products and services intended for Nigeria, customer onboarding procedures, fiat on- and off-ramp arrangements, technology infrastructure, and governance and risk management structures.

KuCoin said the preparatory work reflects its focus on local accountability, user protection and risk management as it works through Nigeria’s evolving regulatory framework.

The company described Nigeria as a key market for digital asset adoption and innovation, citing the country’s vibrant digital economy and developing crypto ecosystem.

KuCoin said a sustainable digital asset market requires constructive engagement between regulators and industry participants, alongside stronger governance, transparency, market integrity and user protection.

BC Wong, CEO of KuCoin, said: “Receiving conditional Approval-in-Principle from SEC Nigeria marks another important milestone in KuCoin’s global compliance journey. As digital assets become an increasingly important part of the global financial system, trust must be built through continuously strengthening governance, maintaining high compliance standards and enhancing user protection.”

We value the opportunity to engage constructively with SEC Nigeria through ARIP and to continue building in line with Nigeria’s evolving regulatory framework. Our focus remains on strong governance, high compliance standards and meaningful user protection as we support the responsible and sustainable development of the digital asset ecosystem.

Nigeria move fits wider compliance strategy

KuCoin said its regulatory engagement in Nigeria is part of a broader approach to meeting local requirements across key markets.

In Europe, KuCoin EU has received authorisation under MiCAR, allowing it to provide regulated crypto-asset services across the European Union.

In Australia, KuCoin operates through Axis One Markets Pty Ltd, which is registered with AUSTRAC as a digital currency exchange provider.

The company stressed that each authorisation or registration applies only to the relevant entity and activities within that jurisdiction. None of those approvals permits KuCoin Nigeria to operate or provide services in Nigeria.

KuCoin said it will continue strengthening governance, operational resilience and user protection while working with regulators, partners and industry participants to support a more mature, transparent and trusted digital asset market.

The company said compliance remains central to building long-term trust as it pursues responsible innovation and develops its regulatory relationships across different global markets worldwide.

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Dogecoin rebounds from $0.0800 as ETF outflows keep downside risks in focus

Key takeaways

  • Dogecoin traded near $0.084 on Tuesday after rebounding from an intraday low around $0.0800.
  • DOGE-focused ETFs recorded $399,460 in outflows Monday following no net flows last week.
  • Resistance sits at the 50-day EMA near $0.0876 and the 200-day EMA at $0.0923.

Dogecoin edged higher on Tuesday after testing $0.0800, offering signs of stabilization following Monday’s 5% decline.

DOGE traded around $0.084, but ETF withdrawals, declining supply concentration among large wallets and weak technical momentum continued to weigh on its recovery outlook.

The token remains below key moving averages, leaving buyers facing a test of whether nearby support can hold.

Dogecoin ETFs record nearly $400,000 in withdrawals

DOGE-focused exchange-traded funds posted $399,460 in net outflows on Monday, according to SoSoValue data.

The withdrawals followed a week of no net flows, suggesting weaker demand through those investment products.

Redemptions can reduce a source of buying support, although one session’s flows do not establish a lasting change in institutional sentiment.

The figures also do not, by themselves, show where the withdrawn capital was subsequently invested.

Santiment data shows that wallets holding more than 100 million DOGE account for 69.74% of circulating supply, down from 70.02% on September 1.

That represents a decline of 0.28 percentage points in the cohort’s share. The change suggests reduced supply concentration among the largest addresses. 

However, wallet categories can include exchanges and other entities, and a lower percentage does not necessarily confirm that all affected tokens were sold.

Combined with ETF outflows, the data adds caution to the near-term demand picture.

DOGE remains below key moving averages

At $0.084, Dogecoin trades below its 50-day exponential moving average at $0.0876 and its 200-day EMA at $0.0923.

Those levels form the main resistance barriers identified in the analysis and reinforce the bearish short-term structure.

Momentum indicators remain weak. The Moving Average Convergence Divergence indicator has crossed below zero, while the Relative Strength Index is near 39.

The RSI reading indicates subdued buying momentum but remains above the conventional oversold threshold of 30.

The immediate downside reference is $0.0800, corresponding to the February 6 low. A confirmed breakdown below that level could bring the July 23 low at $0.0683 into focus. 

DOGE/USD Daily Chart

That would represent roughly a 15% decline from support, or approximately 18% from the quoted $0.0829 price.

On the upside, a sustained recovery above $0.0876 would help ease immediate pressure. The next major hurdle would be the 200-day EMA near $0.0923.

For now, the rebound from $0.0800 shows buyers defending support, but stronger demand and improving momentum are needed to establish a more durable recovery.

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XRP rebounds as derivatives improve, but faces EMA resistance

Key takeaways

  • XRP traded near $1.374 on Tuesday after Monday’s correction.
  • Long-to-short ratios of 1.09 for XRP indicate a modest tilt toward longs.
  • Immediate XRP support sits at $1.339, followed by $1.300, while resistance begins at $1.381.

XRP posted modest rebounds on Tuesday as derivatives positioning improved following the previous day’s pullback.

XRP traded around $1.374, showing signs of stabilization, although differing funding rates suggest traders remain divided about the strength of the recovery.

For XRP, overhead moving-average resistance and weak momentum continue to constrain the near-term outlook.

Long-to-short ratios show a slight bullish tilt

CoinGlass’ long-to-short ratios stood at 1.09 for XRP on Tuesday. Readings above one indicate that longs outnumber shorts within the accounts or positions tracked by the metric.

The figures suggest a modest preference for bullish exposure in both assets. However, neither reading points to overwhelming conviction, and positioning alone does not confirm that prices will continue rising.

XRP’s funding rate turned negative on Monday and stood at -0.0055% on Tuesday. Negative funding means short traders are paying long traders, suggesting continued demand for bearish exposure despite the slightly positive long-to-short ratio.

XRP remains below key moving averages

At $1.374, XRP trades below its 200-day exponential moving average at $1.381 and its 50-day EMA at $1.395.

Those levels form the first resistance barriers facing the rebound. The token remains above its 100-day EMA at $1.339, providing nearby support, but its position beneath the other two averages leaves the short-term bias bearish.

The Relative Strength Index is near 40, indicating subdued buying momentum without reaching outright oversold territory. 

The Moving Average Convergence Divergence indicator also remains negative, reinforcing the cautious outlook.

A sustained recovery above $1.381 and $1.395 would ease immediate technical pressure.

XRP/USD Daily Chart

Beyond that moving-average cluster, the analysis identifies more distant horizontal resistance at $1.671 and $1.900.

On the downside, the 100-day EMA at $1.339 is the first support reference, followed by $1.300.

A sustained break below $1.300 would weaken the recovery structure and bring the deeper support area around $1.000 into focus.

For now, improving derivatives positioning offers some encouragement, but XRP needs stronger price momentum to reclaim its overhead moving averages.

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KuCoin unveils 5.0 upgrade with AI tools and unified trading account

  • KuCoin 5.0 integrates AI, trading tools, and wealth management services.
  • KuCoin introduces a unified account for eligible spot, margin, and futures traders.
  • The upgrade adds accessibility features and expands AI Assistant 5.x.

KuCoin has unveiled KuCoin 5.0, a comprehensive platform upgrade that integrates artificial intelligence (AI), trading tools, wealth management services, and accessibility features as the cryptocurrency exchange seeks to improve the user experience.

Announced on October 9, 2026, the upgrade covers six areas: compliance, technology, assets, experience, AI, and wealth management.

The company said the changes are intended to create a more unified and efficient platform, building on its global brand initiative, “Trust, Built-in,” and its “Trust First. Trade Next.” proposition.

The upgrade includes a redesigned interface, an expanded AI assistant, and new ways for users to manage funds across trading and wealth management services.

KuCoin 5.0 introduces redesigned interface and unified trading account

KuCoin 5.0 includes an updated Profile Center 2.0, featuring a card-based layout designed to make account information and frequently used functions easier to access.

The exchange has also upgraded its sub-account system to simplify account creation, strengthen security controls, and improve management.

Enhanced K-line charts offer additional tools and real-time data, with settings synchronised across devices.

The platform has introduced a colour vision accessibility mode to make charts and other visual information easier to distinguish for users with different colour vision needs.

KuCoin estimates that approximately 360 million people worldwide experience some degree of difficulty distinguishing colours.

The upgrade also retains Lite and Pro experiences to accommodate users with different levels of familiarity and trading requirements.

For eligible users at VIP1 level and above, KuCoin has introduced the Unified Trading Account (UTA). The feature brings spot, margin, and futures trading into a shared framework for funds, margin, and risk management.

According to the company, this arrangement reduces the need to transfer funds between separate accounts and allows for more efficient capital use across eligible products.

AI assistant expands across platform services

KuCoin 5.0 includes an upgrade to AI Assistant 5.x, creating a unified entry point for conversations, questions, and task completion across the platform.

The assistant covers market insights, Earn services, trading, customer support and campaigns.

It uses page context and user actions to better understand users’ requirements, recommend relevant services and help them complete tasks.

The company said the AI integration is intended to extend across the user journey rather than operate as a standalone feature.

Wealth management tools connect earning and trading

The upgrade also links earning and trading activities through wealth management products and benefits for VIP users, Earn access through sub-accounts and support for selected wealth assets within the UTA framework.

Main accounts and sub-accounts can participate in Earn while managing funds separately.

Meanwhile, KCUSD can be used as margin within the Unified Trading Account, reducing the need to move funds repeatedly between earning and trading activities.

KuCoin said these changes are supported by continued development of its compliance, technology and asset foundations.

“Trust should be something users can experience in every interaction—not only in how their assets are protected, but in how clearly, reliably and efficiently the platform works,” said BC Wong, CEO of KuCoin.

Wong added that KuCoin 5.0 translates the company’s long-term commitment to trust into its product, providing users with greater confidence and control while laying the groundwork for the next stage of digital finance.

The company said the upgrade establishes a foundation for further platform development by connecting trading, asset management, and intelligent services within a more integrated experience.

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