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TL;DR The team behind Pi Network introduced a new update just a few days ago that many users had wanted for years – support for Linux. Here’s why the Core Team believes it could be a game-changer, at least for those opting to use the alternative OS. Why the Linux Addition Matters? As CryptoPotato reported at the end of last week, the Pi ecosystem has expanded its OS capabilities beyond Windows and Mac with the release of its Linux Node software. The move aims to enhance the project’s decentralized backbone, as the team is also preparing for a major protocol upgrade from version 19 to 23. Obviously, the introduction of a third OS alternative allows for greater flexibility for developers and partners. Until now, many of them had to rely on custom node builds to work with Pi’s infrastructure. Now, they can migrate to standardized node software, which should ensure faster maintenance, smoother protocol updates, and overall network consistency. For the tech-savvy, the Linux Node allows greater participation in the ecosystem, even though it’s not directly linked to mining rewards. It still provides broader accessibility for devs and open-source contributors who prefer such environments. The aforementioned upgrade from version 19 to 23 is considered the most ambitious one for the protocol yet. It’s influenced by Stellar and aims to bring expanded functionality and improved control layers. Its rollout will be staged in a few steps to minimize disruption: Testnet1 upgrades begin this week, with minor outages possible as the new community node container is deployed. Testnet2 and Mainnet will follow in the coming weeks, bringing the full ecosystem to protocol version 23. Short outages may also affect centralized exchanges (CEXs) as they adapt to the upgrade. This upgrade also aims to address some of the KYC issues with the project, but we will dedicate a separate article on this, as there has already been community backlash or doubts, to say the least. PI Token Reacts Perhaps driven by these positive developments within the broader Pi ecosystem, the protocol’s native token is among the few that ended the week in the green. Unlike most of its altcoin brethren, PI has jumped by over 5% since this time last week and trades close to $0.37 as of press time. Recall that the asset plunged to a new all-time low on August 26 of $0.33 (on CoinGecko) but has recovered 10% of value since then. However, it could face some enhanced selling pressure in the following days due to the large number of token unlocks scheduled for September 2 and September 6. After that, though, the unlocks should reduce the pressure, at least in theory. PI Token Unlock Schedule. Source: Piscan SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details). LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin! Read More

Bitcoin has slipped beneath several important support levels after setting a new all-time high earlier this month. Given the current market setup, the short-term outlook points toward a higher chance of further downside. By Shayan The Daily Chart On the daily timeframe, the market has been steadily moving lower, breaking beneath the major descending channel, the $110K support area, and the 100-day moving average that aligned with it. Losing these critical levels increases the likelihood of a deeper decline, with the next downside targets sitting around the $104K fair value gap or even the 200-day moving average near the psychological $100K zone. Since the RSI is also holding below 50, momentum clearly favors the bears, making continued downside the most probable outcome. The 4-Hour Chart On the 4-hour chart, the market is in a clear downtrend, forming consistent lower highs and lows within a tight descending channel. The $117K and $110K supports have both been broken decisively and retested, pointing toward the fair value gap around $104K as the next likely target. The RSI is sitting below 50, reinforcing bearish momentum, while the price is edging closer to the Fibonacci golden zone. The lower boundary of this zone, at the 78.6% retracement level, aligns with the $104K fair value gap, making it a strong target and potential rebound area. How the market reacts to this level will be critical in shaping the direction for the weeks ahead. Onchain Analysis Exchange Reserves This chart illustrates Bitcoin’s exchange reserves and its price. The purple line shows the reserves held across all exchanges, while the white line tracks the USD price of Bitcoin. What stands out is the persistent decline in exchange reserves since the beginning of 2024, which has continued to this day. This means fewer units are being held on exchanges, a sign that investors and institutions are withdrawing their BTC to cold storage rather than keeping them ready for sale. In other words, the circulating supply available for immediate trading is shrinking. From a supply and demand perspective, this trend is highly significant. As exchange reserves drop, the supply of Bitcoin that can be quickly sold on the market becomes tighter. If demand holds steady or increases, this imbalance supports higher prices over the long run, as we’ve seen with Bitcoin pushing to new all-time highs. However, short-term price corrections like the recent pullback are still possible when demand weakens or when macroeconomic conditions shift. SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details). LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin! Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information. Cryptocurrency charts by TradingView. Read More

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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. Editors’ Picks AUD/USD struggles to extend upside above 0.6550 ahead of US PCE inflation data The AUD/USD pair struggles to extend its upside above the key level of 0.6500 during the European trading session on Friday. The Aussie pair trades broadly stable after a three-day winning streak, with investors awaiting the United States Personal Consumption Expenditure Price Index data for July, which will be published at 12:30 GMT. All eyes on NFP report as Fed rate cut bets intensify Will August jobs report shock again? It’s almost one month ago that the July payrolls numbers generated not just considerable volatility in the markets but also a lot of controversy, as it offended President Trump’s record on the economy. Best Brokers for EUR/USD Trading SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market. Read More

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. Editors’ Picks EUR/USD turns positive, approaches 1.1700 EUR/USD now manages to regain balance and approaches the 1.1700 barrier as the US Dollar appears under sudden downside pressure. The pair, in the meantime, reverses initial losses as investors continue to assess the latest US PCE data and factor in expectations of a rate cut by the Federal Reserve at its September 17 meeting. GBP/USD bounces off two-day lows, focus back to 1.3500 GBP/USD comes under renewed downside pressure at the end of the week, navigating the 1.3470 region against the backdrop of a modest resurgence of the buying interest in the Greenback. US inflation tracked by the PCE matched consensus in July, opening the door to a rate reduction by the Fed next month. Gold approaches four-month highs near $3,450 Gold keeps its march north well and sound, up for the fourth day in a row on Friday, and challenging multi-month peaks near the $3,450 mark per troy ounce on the back of steady bets for a rate cut by the Federal Reserve in September. The likelihood of further easing by the Fed appears propped up by the eaerlier release of US inflation data, this time measured by the PCE. All eyes on NFP report as Fed rate cut bets intensify Will August jobs report shock again? It’s almost one month ago that the July payrolls numbers generated not just considerable volatility in the markets but also a lot of controversy, as it offended President Trump’s record on the economy. Best Brokers for EUR/USD Trading SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market. Read More

Silver advances to its strongest level since September 2011. Markets are pricing about an 87% chance of a Fed rate cut in September, despite firmer core PCE inflation. Technical outlook points to a potential break above $40.00, with resistance at $41.48 and $43.40, while support holds at $39.00 and the 100-period EMA. Silver (XAG/USD) extends its rally for the fourth consecutive day on Friday, with spot prices climbing to fresh 14-year highs. The metal trades around $39.85 at the time of writing, surpassing the July 23 peak of $39.53, as sustained weakness in the US Dollar (USD) and firm safe-haven demand keep buyers firmly in control. The rally comes as investors continue to bet on an interest rate cut at the Federal Reserve’s (Fed) September monetary policy meeting, even after mixed US inflation data. July’s core Personal Consumption Expenditures (PCE) index rose to 2.9%YoY, its highest in five months, while headline PCE held steady at 2.6%. Although the firmer core reading complicates the policy debate, markets are increasingly focused on the labor market, where signs of cooling hiring momentum and softer wage growth suggest a bigger risk to the economy than lingering inflation pressures. Swaps are still pricing about an 87% chance of a September cut, keeping the recent dovish tilt in focus. Alongside that, broader factors, including a weaker US Dollar, geopolitical frictions, and steady industrial demand from the solar and green energy sectors, continue to support XAG/USD’s bullish momentum. Adding to the backdrop, concerns over the Fed’s independence have deepened after US President Donald Trump moved to dismiss Fed Governor Lisa Cook on allegations of mortgage fraud. Cook has responded with a lawsuit seeking an injunction to block the decision, marking an unprecedented legal challenge to the central bank’s autonomy. The episode has unsettled confidence in U.S. monetary policy and further pressured the Dollar, reinforcing safe-haven flows into silver. The move has added pressure to an already broadly weak US Dollar and reinforced safe-haven flows into Silver. From a technical perspective, Silver’s breakout above $39.50 has shifted the near-term bias firmly higher, with the metal now approaching the $40.00 psychological barrier. The 4-hour chart shows XAG/USD comfortably above the 100-period Exponential Moving Average (EMA) at $38.35, while the Relative Strength Index (RSI) sits near 74 in overbought territory, suggesting strong but stretched momentum. A sustained push through this level would open the door toward the $41.48 high from September 12, 2011, with the next upside target at $43.40, the peak from September 5, 2011. On the downside, immediate support lies at $39.00, followed by the 100-period EMA near $38.35, which should act as a key pivot zone for bulls. Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets. Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices. Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices. Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body