Bitcoin Ordinals saw a 1,200% transaction volume increase before a sharp decline. The Idiots NFT collection drove the initial surge on Magic Eden. Continue Reading: Massive Bitcoin Ordinals Activity Grips the Market The post Massive Bitcoin Ordinals Activity Grips the Market appeared first on COINTURK NEWS .
The post Mubarak Meme Coin Hits $200M Market Cap – Is It the Next Big Crypto? appeared first on Coinpedia Fintech News The Mubarak meme coin, which was launched on March 16 on the Binance Chain, has experienced exceptional growth. In the last 24 hours, the Mubarak price has seen a growth of 41%. The total market cap of the meme coin has crossed the milestone of $200 million in just two days. Notably, an early trader of this token has successfully converted his $232 investment to a $1.1 million return. Will the meme coin continue its rally? Read on! Mubarak Meme Coin’s Massive Surge At the start of March 16, the price of Mubarak was $0.03648092. At one point today, the price touched a peak of $0.206730, marking an impressive growth of 466.68%. In the last 24 hours alone, the Mubarak meme coin market has recorded a surge of nearly 41%. Currently, the price of Mubarak stands at $0.1839 – approximately 11.03% below the peak. Importantly, in the last one hour, the market has registered a drop of 3.6%. According to reports, in just two days of the launch, the total market cap of Mubarak has crossed the milestone of $200 million. Mubarak Early Trader’s Incredible Return A blockchain analysis reveals that an early trader has successfully converted his $232 investment into a $1.1 million return. The trader originally purchased at least 10.5 million Mubarak meme coin tokens by spending just 0.4 BNB tokens, worth $232. Later, he sold a part of his Mubarak holdings in return for at least 576 BNB, valued at at least $363,500. The interesting part is that the trader still holds no fewer than 5.16 million Mubarak meme coin tokens. Binance Founder’s Investment Sparks Rally According to reports, Binance founder Changpeng Zhao recently purchased at least $600 worth of Mubarak. Interestingly, CZ has made several controversial statements, triggering speculations about his strong connections with Binance’s sensational meme coin. Apart from that, Binance has extended support to Mubarak. Yesterday, Binance officially revealed its plan to launch a MUBARAK/USDT perpetual contract. The meme coin has benefited hugely from the support it has received from the Binance team. Crypto Analyst Predicts More Growth in the Mubarak Market Many crypto analysts, including Thanos, have expressed optimism about the future growth potential of the Mubarak meme coin. Thanos notes that investing in this meme coin is a “no-brainer” investment decision in the current market scenario.
Coinbase’s Base L2 has impacted Ethereum’s market cap significantly, with recent reports revealing a staggering $50 billion decline. Analysts suggest that the emergence of Layer 2 solutions poses both challenges
CAKE formed a God candle on March 18, jumping 23% to hit an intraday high of $2.63 while pushing its weekly gains close to 70%. The altcoin’s daily trading volume tripled to around $1.12 billion while its market cap neared $760 million. The rally coincided with a strong interest from derivative traders. CoinGlass data shows that open interest shot up 73% over the past day to $96 million, more than tripling from $30 million seen at the start of 2025. Pancakeswap’s ( C A KE ) gains today come amid investor hype as Pancakeswap became the most active decentralized exchange by daily trading volume for two straight days . Data from DefiLlama shows that PancakeSwap hit nearly $1.64 billion in 24-hour trading volume on Tuesday, March 18, surpassing Uniswap and Raydium, which saw $1.021 billion and $334.98 million, respectively. PancakeSwap now holds over 30% of the decentralized exchange market share for that period. PancakeSwap’s impressive performance is being driven by a few key factors. One big reason is Binance’s decision to delist Tether ( USDT ) and eight other stablecoins for users in the European Economic Area (EEA) set for March 31 due to compliance with the EU’s MiCA regulations. Because of this, many Binance users seem to have moved their USDT to PancakeSwap, leading to a surge in trading volume. The DEX processed over $352.4 million in USDT trades in 24 hours, making up about 31% of its total volume. Another boost came from Binance founder Changpeng Zhao, who reignited interest in memecoins after a tweet inspired the creation of BNB Chain-based MUBARAK. The token has since surged over 270% in the past week. According to PancakeSwap V3 data , after Zhao mentioned MUBARAK, it became the third most traded asset on the platform, trailing only USDT and Wrapped BNB (WBNB). You might also like: Bubblemaps’s BMT rallies over 125% ahead of Bithumb listing today Meanwhile, another key factor behind CAKE’s gains today is Binance’s recent $2 billion investment in the Abu Dhabi-based tech investment firm MGX, which has boosted confidence in Binance-linked projects like PancakeSwap, which operates on Binance-backed BNB Chain. Additionally, PancakeSwap has recently burned over 9.3 million CAKE , worth approximately $23 million. Typically, token burning permanently removes these tokens from circulation, reducing the total supply, which can help increase scarcity and potentially boost the related token’s value over time. On-chain metrics indicate strong bullish sentiment. Per Santiment data , social sentiment surrounding CAKE has flipped positive, alongside a spike in daily active addresses over the past 48 hours. Further, a number of large holders were seen accumulating CAKE, likely due to confidence in its future potential. Such accumulation trends often draw in retail investors, who join in hoping for quick profits, increasing demand for the altcoin. CAKE price analysis Technical indicators also signal a sustained bullish trend over the coming days. On the 1-day/USDT price chart, CAKE has broken above a descending resistance trendline forming since Feb. 13, marked by lower highs and lower lows. CAKE price, 50-day and 200-day EMA chart — March 18 | Source: crypto.news The 50-day exponential moving average lines are showing signs of a golden cross as the 50-day EMA looks poised to cross over the 200-day EMA soon, a development that points to more gains ahead. Meanwhile, the MACD lines are trending upward, and the Supertrend indicator has turned green, both signs of a strong uptrend. CAKE Supertrend and MACD indicator — March 18 | Source: crypto.news As such, CAKE is eyeing resistance at $2.65, a breakout above this could lead it to target the $2.95 level, its highest point in February this year. But if the uptrend loses steam, CAKE might pull back to $2.33, even though PancakeSwap remains the top DEX on BNB Chain. Meanwhile, some analysts note that for the bullish rally to continue, CAKE must hold above the $2.40-$2.70 support range. If it maintains this level, it expects CAKE to gain momentum and target the next resistance at $2.90. https://twitter.com/BOBOObtc/status/1901779330771939792 Read more: Pepe coin price forms bullish patterns as CEX outflows rise Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The world's largest cryptocurrency exchange Binance has introduced the twelfth altcoin for its Binance HODLer Airdrop program and revealed it as Bubblemaps (BMT). Binance later stated that it will list Bubblemaps (BMT) on 2025-03-18. “Binance is excited to announce that the 12th project in the Binance Airdrops program is Bubblemaps (BMT). Users who subscribe their BNB to Simple Earn products between 02.03.2025 00:00 (UTC) and 06.03.2025 23:59 (UTC) will receive the Bubblemaps (BMT) airdrop distribution. Binance will then list BMT on 03/18/2025 15:00 (UTC) and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs. Seed labeling will be implemented for BMT.” What are Binance HODLers Airdrops? Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balance. By subscribing BNB to Simple Earn Flexible or Locked products, users are automatically eligible for HODLer Airdrops (and Launchpool and Megadrop rewards). *This is not investment advice. Continue Reading: JUST IN! Good News for This Altcoin from Binance: “It Will Both Be Listed and Distributed as an Airdrop!”
Coinbase incubated Base L2 has eaten $50B from Ethereum market cap, according to a recent StanChart report.
In a surprising turn of events that has the crypto world buzzing, World Liberty Financial (WLFI), a DeFi project reportedly linked to the Trump family, has made a significant splash in the altcoin market. Recent on-chain data reveals a substantial investment of millions into Mantle (MNT) and Avalanche (AVAX). This bold move raises eyebrows and sparks crucial questions: What’s driving this investment? What does it mean for the future of DeFi projects ? And could this signal a broader shift in cryptocurrency investment strategies? What is World Liberty Financial (WLFI) and Why Does it Matter for DeFi Project Space? World Liberty Financial (WLFI) is a decentralized finance (DeFi) project that has garnered attention due to its reported connections to the Trump family. While details about the project remain somewhat opaque, its recent activity speaks volumes. The project’s foray into DeFi is noteworthy because it potentially brings mainstream attention and perhaps even scrutiny to the decentralized finance sector. The involvement of figures with political prominence can significantly influence public perception and regulatory interest in DeFi. WLFI’s actions are being closely watched as they could indicate a growing acceptance, or at least exploration, of DeFi by more traditional financial and political circles. Here’s a quick rundown of why WLFI’s entry into DeFi is significant: Mainstream Attention: Projects linked to well-known families can attract media coverage and public interest beyond the typical crypto enthusiast community. Regulatory Scrutiny: Increased visibility might lead to greater regulatory focus on DeFi projects, which could be both a challenge and an opportunity for the sector. Market Confidence: Investments from entities perceived as having traditional financial ties could boost confidence in the DeFi space, attracting further investment. Million-Dollar Crypto Investment: Mantle (MNT) and Avalanche (AVAX) Grab WLFI’s Attention According to data from Arkham Intelligence, WLFI executed a strategic cryptocurrency investment , transferring $3.62 million in USDT to an address associated with their crypto purchasing activities. Subsequently, a substantial $2 million was allocated to acquire Mantle (MNT), and another $2 million was directed towards purchasing Avalanche (AVAX). This $4 million investment into altcoins represents a significant bet on these specific blockchain ecosystems. The choice of MNT and AVAX is particularly interesting as they represent different facets of the altcoin landscape, suggesting a diversified approach to their investment strategy. Cryptocurrency Amount Invested Blockchain Focus Mantle (MNT) $2 Million Ethereum Layer-2 Scaling Avalanche (AVAX) $2 Million High-Speed, Customizable Blockchains Why Mantle (MNT) and Avalanche (AVAX)? Exploring the Altcoins Choice The decision to invest heavily in Mantle (MNT) and Avalanche (AVAX) points towards a potentially savvy understanding of the current altcoins market. Both platforms offer unique value propositions within the broader cryptocurrency ecosystem. Mantle (MNT): Betting on Ethereum’s Layer-2 Future Mantle (MNT) is the governance and utility token of the Mantle Network, an Ethereum Layer-2 (L2) scaling solution. Layer-2 solutions are designed to enhance Ethereum’s scalability and reduce transaction costs. Investing in MNT could indicate a belief in the continued growth and importance of the Ethereum ecosystem and the increasing need for scalable solutions. Mantle distinguishes itself with its modular architecture and focus on data availability. Its appeal might stem from: Ethereum Scalability: L2 solutions like Mantle are crucial for Ethereum’s long-term viability as they address network congestion and high gas fees. Modular Design: Mantle’s modular approach offers flexibility and potential for future upgrades and adaptations. Growing Ecosystem: The Mantle ecosystem is expanding, attracting developers and projects seeking faster and cheaper transactions on Ethereum. Avalanche (AVAX): Speed, Customization, and Interoperability Avalanche (AVAX) is known for its high transaction speeds, low latency, and customizable blockchain capabilities. It stands out as a platform that enables the creation of application-specific blockchains and offers strong interoperability features. Investing in AVAX might reflect a recognition of the growing demand for versatile and high-performance blockchain platforms. Key attractions of Avalanche include: High Throughput: Avalanche boasts impressive transaction processing speeds, making it suitable for applications requiring fast confirmations. Subnets and Customization: The subnet feature allows developers to create tailored blockchains with specific functionalities and governance models. Interoperability: Avalanche facilitates cross-chain communication and asset transfers, connecting different blockchain networks. Implications for Blockchain News and the Broader Crypto Market This blockchain news development has several implications for the cryptocurrency market and the perception of crypto assets in general. Validation of Altcoins: A significant investment from a project with potential mainstream ties can be seen as a validation of the altcoin market and its growth potential beyond Bitcoin and Ethereum. Increased Institutional Interest: Such moves might signal a growing interest from entities with traditional financial backgrounds in diversifying their crypto holdings beyond the major cryptocurrencies. Market Volatility and Opportunity: Large investments can influence market dynamics, potentially leading to increased volatility but also creating opportunities for informed investors. Navigating Cryptocurrency Adoption: What Does This Mean for You? The increasing crypto adoption by projects like WLFI, regardless of their background, highlights a crucial trend: cryptocurrencies are moving further into the mainstream. For individuals interested in the crypto space, this development presents both opportunities and considerations: Diversification is Key: WLFI’s investment in altcoins like MNT and AVAX underscores the importance of diversification in a crypto portfolio. Exploring beyond Bitcoin and Ethereum can potentially yield higher returns, but also comes with increased risk. Due Diligence is Essential: Always conduct thorough research before investing in any cryptocurrency project. Understand the technology, the team, the market, and the potential risks involved. Stay Informed: Keep up-to-date with the latest blockchain news and market trends. The crypto landscape is constantly evolving, and staying informed is crucial for making sound investment decisions. Conclusion: A Bold Step into the Altcoin Arena World Liberty Financial’s multi-million dollar investment in Mantle and Avalanche is more than just a transaction; it’s a statement. It signifies a growing appetite for altcoins, potentially from quarters beyond the typical crypto-native sphere. Whether this move will trigger a broader trend remains to be seen, but it undoubtedly adds an intriguing layer to the ongoing narrative of cryptocurrency adoption and the evolving DeFi landscape. As the crypto market continues to mature, such strategic investments will likely become more commonplace, shaping the future of digital finance. To learn more about the latest crypto market trends, explore our article on key developments shaping altcoin investment strategies.
COINOTAG News reported on March 18 that the cryptocurrency BMT has seen a remarkable short-term surge exceeding 50%, primarily driven by news regarding its listing on Binance. Following this announcement,
The post Pi Coin Price Drops 17% After $175M Token Unlock – What’s Next? appeared first on Coinpedia Fintech News Pi Network’s price nosedived 17% in a single day, leaving investors in panic. The sharp decline came around the highly anticipated Pi 129 million token unlock worth &175M, which is expected to flood the market with additional supply, potentially driving prices even lower. Despite its strong community and initial buzz, Pi Coin’s struggles are becoming more real, with declining trust and rising concerns about the project’s future. The recent drop reflects a broader trend of uncertainty surrounding Pi Coin. Many investors had high hopes for the project, but with no clear roadmap and few major developments, doubts have begun to surface. The sell-off signals show that investors are less interested as traders move their funds elsewhere in search of more stable opportunities. Binance Listing Rejection Adds to Concerns One of the biggest letdowns for Pi Coin holders was its failure to get listed on Binance, even after 86% of the community voted in favor. Without a major exchange backing it, Pi Coin struggles to gain momentum, making it harder for investors to trade and for the project to grow. This has raised doubts about whether Pi Network is truly moving forward or just stuck in limbo. Adding to the frustration, Pi Day came and went without any major updates from the team. Many had expected big announcements, but the silence only fueled skepticism. Early supporters, including miners who have been with the project from the start, are now openly calling out the team for not delivering on their promises. Community Frustration Grows Pi Network has been in development for six years, yet there is still no clear timeline for its Open Mainnet launch. Unlike other crypto projects that maintain transparency with their communities, Pi’s developers have remained vague about the future. This uncertainty has only added to investor frustration, with many questioning if the project will ever reach full decentralization. Crypto analyst Dr. Altcoin highlighted that Pi Coin has now dropped to #13 on CoinMarketCap, with its price falling below $1.30. He pointed out that the lack of transparency and progress is driving negative sentiment. The community is demanding clear updates, including a defined launch timeline, new developments such as 100 decentralized apps, and greater transparency regarding the project’s key investors and partnerships. Another analyst CryptoCove predicted Pi Coin’s drop and took profits after shorting from $1.70 to $1.15, making gains from the 38% crash. Now, he sees shorting as risky and plans to wait for a price pump before considering another short position. Can Pi Coin Recover? Despite the recent sell-off, some analysts believe Pi Coin still has the potential to recover if it secures a Binance listing. A successful listing could drive demand and spark a price surge, with some projections suggesting a possible 3X rally. However, without meaningful updates and improved transparency from the Pi Core Team, investors remain cautious. If the team continues to delay progress, Pi Coin risks losing even more market confidence, making recovery increasingly difficult.
Bitcoin (BTC) is showing no signs yet of any kind of volatility ahead of Wednesday’s Federal Reserve FOMC meeting. With no rate cut expected, the Bitcoin price may continue its current sideways trajectory. That said, is there a major rally on the horizon? Rates to stay as they are If the U.S. stock market is any kind of guide to what might come out of Wednesday’s FOMC meeting, it could be that nothing much out of the ordinary could be what is generally expected, barring Fed Chairman Powell talking the market up or down in his speech after the meeting. According to the CME Fedwatch Tool, the market is 99% certain that no rate cuts will be forthcoming. This may disappoint the Trump administration, given that the President has made it clear that he wants a weaker dollar. That said, it seems that Powell still calls the shots, and until we see a weaker economy, it appears that rates stay as they are. S&P 500 continued rally or rejection? Source: TradingView The S&P 500 continued its bounce on Monday, and closed in the green. However, the $5,670 level is proving to be strong resistance, and the price wicked through this level before coming back to settle below at the end of the day. Breaking back above this level and turning it back into support will be vital for a continuation of the upward trend. This week’s price action, especially following the FOMC meeting on Wednesday, will be key to whether the stock market regains momentum, or whether the S&P 500 might fall to the next major support level at $5,400. Bitcoin inverse head and shoulders confirmation? Source: TradingView So where does this leave Bitcoin? As it stands, the price has remained relatively stable over the weekend and into the beginning of this week. An inverse head and shoulders pattern is still in play, and the price broke beyond the neckline and has retested. If this pattern does come to fruition, the measured move would take the price out of the descending wedge to around $94,600. Just above $95,000 is the top of the last swing high and also where major resistance can be found. Weekly time frame turns bullish for $BTC Source: TradingView On the much higher time frame of the weekly, a beginning of the next potential major rally is now certainly in evidence. A new support level looks to have been found at $80,000, and the price may have found a bottom here. The first indicator below the main chart is the Stochastic RSI. It can be seen that the indicator lines have crossed, and that the blue line is above the orange. If these lines can continue to rise, and get above the 20.00 level, this will signal big upside price momentum. Below this is the Relative Strength Index. Here it can be noted that the indicator line is bouncing from the very strong 44.00 level, which has acted as firm support and resistance throughout Bitcoin’s history. The indicators are starting to look positive, and price is potentially also just beginning to react. A strong rally may not be far away. That said, Bitcoin needs the stock market. The S&P 500 must be watched closely. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.