Pi Network Price Today July 3, 2025: $4 Billion Lawsuit Between Celsius and Tether

Pi Network Price Today 3 7 2025 $4 Billion Lawsuit Between Celsius and Tether

Pi Network Price Today 7/3/2025

Pi price on OKX exchange on July 3, 2025 is fluctuating around the price from 0.4842 USD to 0.5038 USD (equivalent to 12,670 VND to 13,180 VND). Thus, at the time of writing, Pi price on OKX exchange increased by 0.1% compared to yesterday, reaching 12,950 VND

In the past 24 hours, Pi Network's trading volume reached about 29.1 million USD. This shows the waiting mentality of investors, when there is currently no strong information to determine a clear price trend. Over the past week, Pi's price has decreased by nearly 7% and is still below the 30-session moving average, showing that the market is in a correction phase.

Over the past month, Pi’s price has fallen from a local peak of $0.67 to around $0.49, representing a loss of nearly 27% in value. The main reasons for this decline are profit-taking pressure after the Pi2Day event and concerns about the unlocking of 19 million PI tokens on July 4, according to information from PiScan.

Celsius "retaliates" against Tether: $4 billion lawsuit shakes the market

Celsius' bankruptcy in 2022 sent shockwaves through the crypto world . CEO Alex Mashinsky pleaded guilty to fraud and faces up to 20 years in prison. Celsius sued Tether for liquidating 39,500 BTC (about $4 billion) in what it said was a breach of contract.

Tether used these assets as collateral for a loan, withdrawing $812 million when Celsius ran into trouble. Celsius claims this action violated the contract's 10-hour waiting period.

Celsius has repaid 93% of its debt to creditors, while Tether CEO Paolo Ardoino has criticized the lawsuit as extortion. Creditors like Otis Davis hope the lawsuit will shed light on why Tether skipped the waiting period and could have detected the fraud earlier.

Whatever the outcome, $4 billion is at stake and could have lasting effects on the crypto community.

Pi Network Price Trend Forecast in the Future

Despite the short-term fluctuations, analysts at CoinDCX and CCN still see Pi as a project with a strong community foundation, a clear goal, and a growing application ecosystem. The development of the Pi App Studio, where anyone can create decentralized applications, is seen as an important step in commercializing the platform.

If the Pi Core team announces a clear roadmap for the Mainnet in July and expands integration with GenAI technology – an area that founder Nicolas Kokkalis is very interested in, the Pi price outlook could become more positive from Q3 2025 onwards.

Source: https://baodanang.vn/gia-pi-network-hom-nay-3-7-2025-vu-kien-4-ty-usd-giua-celsius-va-tether-3264844.html