It's never a dull moment in the cryptocurrency market. Pi is making the headlines, even if it's still in bearish waters, Hedera is celebrating a major win, and the new PayFi Remittix (RTX) is on to yet another milestone. Pi price faces bearish pressure, Hedera launches AUDD stablecoin, and Remittix releases its wallet with token swaps and fiat transfers.
Here's what the week's been like. Pi Network
The Pi project entered the crypto news this year with much anticipation, but the tokens have not quite delivered what they promised. In fact, FXStreet analysis puts PI on a downward slope for the month of June.
The Pi price is set to drop below its psychological support level at $0.5 in the coming days. Technical indicators and a rising supply on CEXs are pointing at sharp declines in PI supply around.
Pi currently trades at $0.5285, shedding some 15.84% in the past week. Much remains to be seen on how the token price plays in the coming week.
Stablecoins have become a thing in crypto business lately, as their stability has contributed to the leverage of some of the top projects in the market. Hedera has joined the stablecoin crowd too, with its latest launch of the Australian Digital Dollar (AUDD).
The AUDC Pty Ltd launched AUDD on Hedera, confirmed via an announcement by Hedera Foundation on June 19, 2025. Such innovation is expected to simplify payments across the Asian Pacific, with the Australian Dollar backing the stablecoin in a 1:1 ratio.
The news is yet to impact the HBAR price on the charts, as Hedera is still at $0.1455, accumulating some 13.87% loss in seven days.
Remittix put out word of its ICO during the big crypto spike late last year, and the reception among crypto traders was immense. Even better is the impact the fundraising has had on the project.
The developers have come with a market-ready application, the Remittix Wallet. Early adopters now have a platform that supports token swaps between Remittix and over 40 other crypto tokens. From there, users can send their RTX tokens directly to their fiat bank accounts at no bank charges, just as the project promised.
Now that phase 1 is over, the team has stated that Phase 2 will add non-custodial staking to the features. Slowly but surely, Remittix is unveiling the future of PayFi.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Sanket Sharma is an experienced crypto writer with five years of expertise in blockchain technology and digital assets. He specializes in translating complex concepts into clear, accessible insights, catering to both novice and seasoned investors.With a keen focus on Bitcoin, altcoins, NFTs, and DeFi, Sanket provides in-depth analysis of market trends, price movements, and emerging developments. His work is rooted in thorough research and a deep understanding of the evolving crypto landscape.Passionate about blockchain’s transformative potential, he is committed to delivering well-researched, informative content that empowers readers to navigate the fast-paced world of cryptocurrency with confidence. Through his writing, Sanket continues to educate and engage audiences, helping them stay ahead in the digital asset space.