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PI could drop below $0.22 amid a strong bearish trend: Check forecast

Key takeaways

  • PI is down 2% in the last 24 hours and could drop below $0.22 if the bearish trend continues.
  • The technical outlook indicates short-term risk.

PI could dip lower amid poor technicals

Pi Network (PI) has been underperforming over the past three days and risks dropping below a critical support trendline. The on-chain data indicates an increase in supply pressure as Centralized Exchanges (CEXs) experience a surge in inflows. 

Data obtained from PiScan reveals that user deposits over Pi Network’s Know Your Business (KYB)-verified CEXs totaled 2.75 million PI tokens in the last 24 hours. The deposit is far greater than the withdrawals of 1.76 million tokens. Thus, indicating a daily net inflow of CEXs, suggesting that investors might be selling some of their stash. 

 Will Pi Network drop below the $0.22 support line?

The PI/USD 4-hour chart is bearish and efficient as PI has lost 2% of its value in the last 24 hours. The cryptocurrency is retracing toward a local support trendline formed from the October 22 and November 4 lows. 

At press time, PI is trading at $0.2267, with a bearish trend currently in play. The technical indicators are bearish, suggesting further downward movement. The RSI of 37 shows that PI is heading into the oversold region if the trend continues. The MACD lines are also within the bearish region.

PI/USD 4H Chart

If the trend persists, PI could decline below the Monday low of $0.2204, with another major support just around the $0.1919 region. 

However, if the bulls regain control, PI could reclaim last week’s high at $0.2841. An extended bullish run would allow PI to eye the August 1 low at $0.3220.

However, the current market conditions remain bearish, with PI expected to underperform over the next few days.

The post PI could drop below $0.22 amid a strong bearish trend: Check forecast appeared first on CoinJournal.

Strategy’s Crash Rumors Intensify, CEO Reveals When $46 Billion In Bitcoin Will Be Sold

Strategy CEO Phong Le has revealed the instance in which his company may be forced to sell its Bitcoin holdings. This comes amid concerns about the MSTR stock crash, which puts the company at risk of seeing its mNAV drop below 1. 

Strategy CEO Reveals When They Will Sell Bitcoin

During an interview on the ‘What Bitcoin Did’ podcast, the Strategy CEO said they could sell Bitcoin to fund dividend payments on their preferred shares if the mNAV is trading below 1. He alluded to the BTC yield, which is their primary KPI, and that under 1x mNAV, it is more “creative” to sell their BTC holdings to pay the dividends. 

The Strategy CEO explained that they typically raise capital when their mNAV is above 1 to fulfill their obligations, even when it is below 1. He alluded to the 2022 crypto winter when they bought back their Bitcoin-backed loans as proof that they had prepared in advance for such market conditions. However, when they are unable to raise capital, Phong Le stated that they will have no option but to sell their BTC holdings. 

Bitcoin

Strategy data shows that their mNAV is currently at 1.19. Meanwhile, the company currently holds 649,870 BTC, worth around $55 billion. With the MSTR stock on a downtrend, Michael Saylor’s company still faces the risk of seeing its mNAV fall below 1 for a sustained period. TradingView data shows that the stock is now down over 40% year-to-date (YTD) from a 2025 high of around $455. 

There were recently rumors that Strategy supposedly sold some of its Bitcoin holdings, which Saylor quickly denied. The company then went on to make one of its largest purchases this year, buying 8,178 for $836 million. This formed part of the proceeds from the company’s STRE offering. 

Saylor Teases Another Bitcoin Purchase

In an X post, Michael Saylor teased another Bitcoin purchase from Strategy. He posted the company’s BTC portfolio tracker with the caption, “What if we start adding green dots?” It is worth noting that these conventional Sunday posts have usually preceded a BTC purchase announcement by the company the following day. 

Based on this, Strategy likely bought more Bitcoin between November 24 and 30 last week. This comes amid the Bitcoin downtrend, with the flagship crypto again dropping below the psychological $90,000 level. Besides the BTC crash, the possibility of an exclusion from MSCI indices is another factor that paints a bearish picture for Saylor’s company. The MSCI will decide by January next year whether treasury companies like Strategy should remain in their indices. 

At the time of writing, the BTC price is trading at around $86,000, down over 5% in the last 24 hours, according to data from CoinMarketCap.

Bitcoin

Instant Sketch Camera Is Like A Polaroid That Draws

By: Lewin Day

These days, everyone’s got a million different devices that can take a passable photo. That’s not special anymore. A camera that draws what it sees, though? That’s kind of fun. That’s precisely what [Jens] has built—an instant sketch camera!

The sketch camera looks like a miniature drawing easel, holding a rectangular slip of paper not dissimilar in size to the Polaroid film of old. The 3D-printed frame rocks a Raspberry Pi controlling a simple pen plotter, using SG90 servos to position the drawing implement and trace out a drawing. So far, so simple. The real magic is in the image processing, which takes any old photo with the Pi camera and turns it into a sketch in the first place. This is achieved with the OpenCV image processing library, using an edge detection algorithm along with some additional filtering to do the job.

If you’ve ever wanted to take Polaroids that looked like sketches when you’re out on the go, this is a great way to do it. We’ve featured some other great plotter builds before, too, just few that are as compact and portable as this one. Video after the break.

Damaged Pocket Computer Becomes Portable Linux Machine

By: Lewin Day

The Sharp PC-G801 was an impressive little pocket computer when it debuted in 1988. However, in the year 2025, a Z80-compatible machine with just 8 kB of RAM is hardly much to get excited about. [shiura] decided to take one of these old machines and upgrade it into something more modern and useful.

The build maintains the best parts of the Sharp design — namely, the case and the keypad. The original circuit board has been entirely ripped out, and a custom PCB was designed to interface with the membrane keypad and host the new internals. [shiura] landed on the Raspberry Pi Zero 2W to run the show. It’s a capable machine that runs Linux rather well and has wireless connectivity out of the box. It’s paired with an ESP32-S3 microcontroller that handles interfacing all the various parts of the original Sharp hardware. It also handles the connection to the 256×64 OLED display. The new setup can run in ESP32-only mode, where it acts as a classic RPN-style calculator. Alternatively, the Pi Zero can be powered up for a full-fat computing experience.

The result of this work is a great little cyberdeck that looks straight out of the 1980s, but with far more capability. We’ve seen a few of these old pocket computers pop up before, too.

Pi Network price retests $0.25 amid major gaming deal

  • Pi Network price jumped to highs of $0.28 as gaming partnership news boosted bulls.
  • A retest of $0.25 is key and bulls could recover to target $0.50.
  • PI remains near its highest level in over a month.

Pi Network (PI) is among the altcoins to hold onto gains in the past 24 hours as of writing.

After ranking among top-performing tokens in the top 100 by market cap, PI shed gains to just over 2% over the last 24 hours.

However, PI still trades green alongside Sky and Monero, and at $0.25, hovers at a key level for both bulls and bears.

Notably, Bitcoin’s surge above $90,000 helped flip sentiment. More than that, Pi Network’s recent gaming partnership looks to be a crucial catalyst.

“The partnership between Pi and CiDi Games reinforces Pi’s ongoing initiative toward building out a viable, self-sustaining gaming environment in the Pi ecosystem, and will take these efforts to the next level, scaling game integration, social interactions and innovation across the network,” the team wrote in a blog post.

PI price outlook: Can bulls hold $0.25?

As cryptocurrencies experienced a slight uptick over the week, one of top top-gaining tokens was PI.

The announcement around PI’s expansion into the burgeoning gaming sector, which came earlier in the week, has buoyed prices.

Mainly, adding to the real-world utility of PI is attracting attention.

On November 26, the token traded around $0.24.

Yet amid the news, prices rose sharply, and buyers hit multi-week highs above $0.28.

With bulls managing to retest highs of $0.28, the highest level in over a month, the $0.30 supply zone came into view.

Above this lies the all-important April-May 2025 floor around $0.50-$0.58.

The latest uptick for PI price is therefore key to momentum, particularly as sellers have pushed prices back to the $0.25 support area.

PI price technical outlook

On the technical front, bulls have retreated from the resistance line of an ascending triangle on the daily chart.

The immediate hurdle lies in the $0.27-$0.28 range, and a flip from this mark has bulls currently battling to keep the $0.25 level.

Pi Price Chart
PI price chart by TradingView

Indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence indicator paint a mixed outlook.

The RSI on the daily chart is downsloping after bouncing off the overbought level at 70, with overbought conditions having helped buyers push lower.

RSI is currently around 60, but a bullish divergence favours bulls.

If RSI holds 60, an upsloping trajectory could see PI price recover to $0.28 and allow for a potential breakout beyond $0.50.

This outlook will strengthen if MACD maintains the positive structure that has a histogram in green.

On the downside, a breakdown to $0.20 risks sending bulls to October 2025 lows of $0.15.

The post Pi Network price retests $0.25 amid major gaming deal appeared first on CoinJournal.

One-Way Data Extraction For Logging On Airgapped Systems

By: Lewin Day

If you want to protect a system from being hacked, a great way to do that is with an airgap. This term specifically refers to keeping a system off any sort of network or external connection — there is literally air in between it and other systems. Of course, this can be limiting if you want to monitor or export logs from such systems. [Nelop Systems] decided to whip up a simple workaround for this issue, creating a bespoke one-way data extraction method.

The concept is demonstrated with a pair of Raspberry Pi computers. One is hooked up to critical industrial control systems, and is airgapped to protect it against outside intruders. It’s fitted with an optocoupler, with a UART hooked up to the LED side of the device. The other side of the optocoupler is hooked up to another Raspberry Pi, which is itself on a network and handles monitoring and logging duties.

This method creates a reliable one-way transmission method from the airgapped machine to the outside world, without allowing data to flow in the other direction. Indeed, there is no direct electrical connection at all, since the data is passing through the optocoupler, which provides isolation between the two computers. Security aficionados will argue that the machine is no longer really airgapped because there is some connection between it and the outside world. Regardless, it would be hard to gain any sort of access through the one-way optocoupler connection. If you can conceive of a way that would work, drop it down in the comments.

Optocouplers are very useful things; we’ve seen them used and abused for all sorts of different applications. If you’ve found some nifty use for these simple parts, be sure to drop us a line!

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