Solana’s recent promotional video has ignited significant controversy over its perceived insensitivity towards gender issues, leading to its swift removal. The backlash highlights a growing scrutiny of marketing content within
BMT rallied for the second consecutive day as it is set to be listed on the South Korean exchange Bithumb today, following its recent listing on Binance Futures. Bubblemaps (BMT) rose to an all-time high of $0.22 on Mar. 18 Morning Asian time, marking a 125% surge over the past day while extending its profits to over 200% from its weekly low of $0.073. The altcoin market cap was seated at $54.1 million while its daily trading volume was up 260%, hovering around $107 million. The altcoin rallied after Bithumb, a major South Korea-based crypto exchange, announced the addition of a KRW trading pair for the BMT token at 4:00 PM KST on Tuesday, March 18, 2025. Deposits and withdrawals will open within two hours of the notice, but only on the Solana network. Bubblemaps will have an initial price of 211 yen, and traders must wait for 20 deposit confirmations before transactions can be processed. Bithumb has set some temporary rules for the launch. For the first five minutes, buyers can’t place any orders, and sellers can only set prices between -10% and +100% of the base price. Also, automated trading will only kick in after the first trade happens. You might also like: CRO price rises as vote to burn $50M Cronos tokens kicks off BMT’s gains are also fueled by the excitement around its Binance Futures listing yesterday, which came after its March 11 token generation event on Binance Wallet. On top of that, OKXFUN also added BMT for trading with 5X leverage yesterday. The airdrop is now live, letting eligible users claim their tokens through the BMT claim portal. But with the price climbing and trading volume picking up, it looks like many claimants are choosing to hold onto their BMT tokens rather than sell. When writing, community sentiment on X was largely bullish, with many expecting the rally to continue. See below. $BMT Longed. pic.twitter.com/eaxUEnDyHs — Nihilus (@NihilusBTC) March 17, 2025 What is Bubblemaps? Bubblemaps, a popular crypto data tool, launched its own token, BMT, on the Solana blockchain on Mar. 11. There’s a total of 1 billion BMT, and it works as a utility token, giving users access to special features that aren’t available in the free version. Last November, Bubblemaps took things up a notch by launching Bubblemaps V2 Beta. The update brought several new features, including access to full historical data of a token’s distribution, cross-chain visualizations, and tools to track profit and loss for specific wallets and clusters. BMT also plays a role in IntelDesk, Bubblemaps’ investigative platform that lets the community dig into blockcha in activity . Users can submit cases they want to be investigated, vote on which ones should be prioritized, and help direct on-chain research efforts. Read more: Bubblemaps TGE concludes with 13,500% oversubscription
On March 18th, COINOTAG reported the approval of Polkadot Treasury Proposal #1439, spearheaded by Bifrost and Hyperbridge. This strategic initiative seeks to allocate **$3.5 million** (approximately **25 million RMB**) to
The post Vitalik Buterin Sells Meme Tokens For 71.69 ETH, Mints 315K DAI appeared first on Coinpedia Fintech News Vitalik Buterin, the co-founder of Ethereum, has recently made notable moves in the cryptocurrency space, according to data from OnchainLens. He minted 315,382 DAI, a popular stablecoin, and also sold several meme tokens for a total of 71.69 ETH, which at the time was worth approximately $136,684. Among the tokens he sold were: 146.18 billion FML, sold for 2.51 ETH, 180.88 billion SHIB (Shiba Inu), sold for 0.987 ETH, 7.17 billion VB, sold for 1.57 ETH, 366.47 million AWESOME, sold for 1.44 ETH. Just In: Vitalik ( @VitalikButerin ) has minted 315,382 $DAI . He also sold meme tokens for 71.69 ($136,684) $ETH : – 146.18B $FML for 2.51 $ETH – 180.88B $SHIB for 0.987 $ETH – 7.17B $VB for 1.57 $ETH – 366.47M $AWESOME for 1.44 $ETH Previously, he sold 5,000 $DHN for 65.19 $ETH .… https://t.co/KwvhS3ZZzo pic.twitter.com/KYHOy8KwOg — Onchain Lens (@OnchainLens) March 18, 2025 Earlier, he had also sold 5,000 DHN for 65.19 ETH worth $124K. This caused a drop of about 57% in the value of DHN, with the price plunging from $38 to as low as $16. Vitalik continues to hold 5,000 DHN, with an estimated current value of approximately $113,000. These actions highlight Buterin’s ongoing involvement in the broader cryptocurrency ecosystem, where he engages not only with Ethereum-based projects but also participates in various token markets, including the speculative and meme token sectors. “Vitalik: An Ethereum Story” Documentary to Debut on April 15 Vitalik Buterin has been a key player in the cryptocurrency revolution. A highly anticipated documentary, Vitalik: An Ethereum Story, will be released on April 15th, offering an in-depth look at the life of Vitalik Buterin, the co-founder of Ethereum. The documentary will be available on popular streaming platforms such as Apple TV and Prime Video. The film captures Buterin’s journey from a curious teenager with an interest in decentralization to becoming one of the most influential figures in the cryptocurrency world. Viewers will gain insight into his early years, his passion for revolutionizing how we handle money, contracts, and trust, and the birth of Ethereum itself—a blockchain platform that has reshaped the way people think about decentralized applications.
Recent fluctuations in XRP’s price and rising long-term holder profit metrics have sparked concerns of a potential market correction. In a remarkable twist since November, XRP has registered gains nearing
In a significant move that’s sending ripples through the cryptocurrency market, South Korea’s Financial Supervisory Service (FSS) has announced a new annual supervision fee for crypto exchanges operating within its jurisdiction. For those invested in or closely watching the evolving landscape of digital assets, this development in Korean crypto regulation is crucial. Let’s dive into the details of this fee, its implications, and what it means for the future of crypto trading in South Korea. What’s the Buzz About the Supervision Fee on Crypto Exchanges Korea? The FSS has mandated that cryptocurrency exchanges operating in South Korea will now be required to pay an annual supervision fee . This isn’t just a nominal charge; it’s set at a rate of 0.6% and totals a substantial 7.9 billion won, which is approximately $5.54 million USD. Initially, projections suggested a lower rate of 0.4%, making this increase to 0.6% a noteworthy adjustment that has caught the attention of industry players and observers alike. This supervision fee is designed to ensure the robust oversight and stability of the burgeoning crypto exchange sector in South Korea. The payment schedule is structured quarterly, with deadlines at the end of March, May, July, and October. This regular payment schedule will require exchanges to consistently allocate funds for regulatory compliance, impacting their operational budgets and potentially influencing their service offerings. Breaking Down the FSS Fee: Who Pays What? While all registered crypto exchanges are subject to this financial supervisory service fee, the amounts vary based on their operating income. Notably, Korbit, with an operating income below 3 billion won ($2.08 million), is exempt from the detailed breakdown provided. However, the major players in the South Korean crypto exchange market will bear the brunt of these fees. Here’s a clear breakdown: Upbit (operated by Dunamu): Shouldering the largest portion, Upbit is slated to pay a hefty 6.7 billion won ($4.64 million). This reflects Upbit’s dominant position in the South Korean market. Bithumb: The second-largest exchange, Bithumb, faces a supervision fee of 900 million won ($623,592). Coinone: Coinone’s fee is set at 150 million won ($103,881). Gopax: Gopax will pay approximately 21.35 million won ($14,788). Collectively, these four major exchanges will contribute roughly 7.9 billion won ($5.54 million) to the FSS in annual FSS fee . This substantial sum underscores the scale of regulatory funding now being directed towards the crypto sector in South Korea. Why is South Korea Imposing This Fee? The Benefits of Regulation The imposition of this supervision fee is a clear indicator of South Korea’s proactive approach to regulating the rapidly growing cryptocurrency market. But what are the intended benefits? Here’s a look at the key advantages: Enhanced Investor Protection: A primary goal of financial regulation is to protect investors. These fees will fund enhanced oversight, potentially leading to stricter security measures, more transparent operations, and better safeguards against market manipulation and fraud within crypto exchanges Korea . Market Stability: The financial supervisory service aims to foster a more stable and reliable crypto trading environment. Increased regulatory scrutiny can help mitigate risks associated with volatility and ensure the orderly functioning of exchanges, benefiting both traders and the broader financial system. Funding Regulatory Operations: Supervising and regulating a complex and dynamic sector like cryptocurrency exchanges requires significant resources. These fees provide a dedicated funding stream for the FSS to effectively carry out its supervisory duties, ensuring robust enforcement and compliance. Alignment with Global Standards: As global regulatory frameworks for cryptocurrencies evolve, South Korea’s move aligns with international trends towards greater oversight and regulation of digital asset exchanges. This proactive approach can enhance South Korea’s reputation as a responsible and forward-thinking jurisdiction in the crypto space. Challenges and Potential Impacts on Crypto Exchanges Korea While the benefits of enhanced regulation are clear, the imposition of a supervision fee also presents challenges for crypto exchanges Korea . Let’s consider some potential impacts: Increased Operational Costs: The most immediate impact is the increase in operational expenses for exchanges. These fees will directly affect their bottom line and may necessitate adjustments to their business models. For smaller exchanges, this could be a significant burden. Potential Fee Increases for Users: To offset the increased costs, exchanges might consider raising trading fees or introducing new charges for users. This could make trading on crypto exchanges Korea slightly more expensive for retail investors. Competitive Landscape Shifts: The supervision fee could disproportionately impact smaller exchanges, potentially leading to consolidation in the market. Larger exchanges like Upbit and Bithumb, with greater financial resources, may be better positioned to absorb these costs, potentially strengthening their market dominance. Innovation and Growth: While regulation aims to foster stability, overly burdensome fees could potentially stifle innovation and growth within the Korean crypto regulation space. It’s crucial to strike a balance between effective supervision and fostering a dynamic and competitive market. Actionable Insights: What Does This Mean for You? For cryptocurrency users and investors, this new supervision fee is a signal of the maturing regulatory environment in South Korea. Here are some actionable insights: Expect Potential Fee Adjustments: Be prepared for possible adjustments in trading fees or service charges from your preferred crypto exchanges Korea as they adapt to these new regulatory costs. Increased Security and Stability: In the long run, the enhanced regulatory oversight funded by these fees should contribute to a more secure and stable crypto trading environment in South Korea. This can increase investor confidence and attract more participants to the market. Stay Informed About Regulatory Developments: The crypto regulatory landscape is constantly evolving. Staying informed about changes in Korean crypto regulation and other jurisdictions is crucial for making informed investment decisions and navigating the market effectively. Conclusion: A New Era for Crypto Exchanges in South Korea? The imposition of a 0.6% supervision fee by South Korea’s FSS marks a significant step in the country’s approach to Korean crypto regulation . While it presents immediate financial implications for crypto exchanges Korea , the long-term goal is to create a more secure, stable, and transparent market for digital assets. This move underscores the global trend towards greater regulatory scrutiny of the cryptocurrency sector and sets a precedent that other jurisdictions may observe closely. As South Korea, a major player in the global crypto market, tightens its regulatory framework, it will be fascinating to see how these changes shape the future of digital asset trading and innovation both domestically and internationally. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
The decentralized exchange (DEX) sector is witnessing a significant shift, with Binance Smart Chain (BSC) recently outperforming Solana in trading volume. As BSC’s DEX volume surged to $1.637 billion in
Bitcoin’s price has fallen more than 22% from its all-time high of over $109,000, recorded on January 20, the day of US President Donald Trump’s inauguration. The sharp decline has sparked concerns among investors, with several key technical indicators signaling bearish momentum. The downturn comes as new liquidity inflows slow, which has prompted speculation that the latest bull cycle may be coming to an end. Liquidity Slowdown, Whale Sell-Offs CryptoQuant CEO Ki Young Ju reinforced the bearish outlook by tweeting that Bitcoin’s bull cycle is over. He expects prices to follow a sideways or bearish trend for the next 6-12 months as the market digests recent gains. A key factor in his analysis is the behavior of “new whales” – large investors who have recently accumulated Bitcoin but are now selling at lower prices. This selling pressure, coupled with reduced demand, has led to increased market uncertainty. #Bitcoin bull cycle is over, expecting 6–12 months of bearish or sideways price action. pic.twitter.com/f80bnNhjy4 — Ki Young Ju (@ki_young_ju) March 17, 2025 To support his analysis, the exec applied Principal Component Analysis (PCA) to various on-chain metrics, including the Market Value to Realized Value (MVRV), Spent Output Profit Ratio (SOPR), and Net Unrealized Profit/Loss (NUPL). He identified turning points in Bitcoin’s long-term trend by calculating a 365-day moving average. The data suggests that Bitcoin’s one-year moving average has entered a downward phase, which is historically associated with extended bear markets. If past trends hold, BTC may remain in a corrective phase for the next several months. Bitcoin Demand Weakening There has also been a potential weakening in Bitcoin demand. In 2024, BTC saw two demand peaks in March and December, an unusual pattern indicating heightened short-term interest. However, following the March peak, demand momentum significantly declined, which then resembled trends observed between August 2017 and December 2018. Historically, such patterns have preceded periods of price fluctuation followed by a gradual downtrend. While factors like market size, volume, liquidity, and investor interest have evolved, the overall outlook points toward declining demand. The post Bitcoin (BTC) Bull Cycle May Be Over: CryptoQuant CEO Warns appeared first on CryptoPotato .
Top crypto analysts across the globe recently rattled the broader market by forecasting a highly bullish outlook for Pepe Coin price. Amid an ongoing 22% weekly price rally, analysts like Ali Martinez, CryptoELITES, and World of Charts have predicted that a phenomenal bullish breakout for PEPE looms. While one spotlights the potential for 40x gains, others reveal a bull run awaits, and thus 50%-60% pump looms. These bullish projections echoed an optimistic market buzz after the recent market turmoil, which slammed PEPE price by nearly 30% over the month. Top Analysts Predict Pepe Coin Price Eyes Bullish Breakout Crypto analyst ‘Ali Martinez’ took to X on March 18, stating that Pepe Coin’s price is eyeing a bullish breakout. As per the analyst, the meme coin has been shaping an inverse head and shoulders pattern on the hourly chart since the start of the month. This formation embodies a key neckline resistance at the $0.0000075 price level. Further, the analyst reveals that the meme coin’s price formed a part of the right shoulder with its price action in the last 24 hours. Now, a sustained break above the mentioned neckline resistance could trigger a phenomenal 40% price upswing. Source: Ali Charts, X For those wondering, the inverse head and shoulders pattern is a formation on the price chart that suggests a potential reversal from a downtrend to an uptrend. Traders and investors usually anticipate gains in the wake of this formation, proving to be bullish news. Has PEPE Price Already Bottomed? Simultaneously, analyst ‘CryptoELITES’ took to X, stating that Pepe Coin price confirmed a bottom at $0.0000069834. The analyst called the dip, whilst the current price is already considerably up from this level. At the time of reporting, PEPE token’s price traded at $0.000007181, soaring 6% intraday. The meme coin hit an intraday high of $0.000007582, briefly breaking the neckline resistance spotlighted by Ali Martinez. While this action garners investor bullishness, analyst CryptoELITES believes that the pump is just the start, whereas a 40X target is right over the horizon. Source: CryptoELITES, X Other Analysts Join The Fray Simultaneously, analyst ‘World of Charts’ revealed on X that the frog-themed meme coin is trading in crucial areas while also spotlighting an inverse head and shoulders pattern. This forecast primarily added to market optimism as the analyst expects a 50-60% bullish rally after a successful breakout from similar resistance levels near $0.000007. As a result, crypto market participants weigh significant optimism on Pepe Coin price amid renowned analysts’ bullish predictions. In addition, a PEPE price analysis by CoinGape also spotlights the same pattern, cementing investor sentiments of a bull run. Market Dynamic Already Optimistic? The meme coin is already up nearly 22% over the past week, per CoinMarketCap. Further gains remain awaited in light of the bullish predictions and an ongoing recovery sentiment brewing right ahead of the U.S. FOMC. Coinglass data signaled renewed market interest in the asset amid the bullish predictions. The crypto’s futures OI rose by over 8% to $237.90 million recently. Further, the derivatives volume shot up by nearly 16% to $627.05 million. The post Pepe Coin Price Eyes 40X Breakout Amid Bull Run, Here’s All appeared first on CoinGape .
XRP's double bottom formation indicates potential for price increases. Analysts emphasize the importance of maintaining key support levels. Continue Reading: Breakthrough Patterns Signal XRP’s Potential Price Surge The post Breakthrough Patterns Signal XRP’s Potential Price Surge appeared first on COINTURK NEWS .