The post Mubarak ($MUBARAK) Meme Coin Gains Momentum on Binance Chain Amid Crypto Recovery appeared first on Coinpedia Fintech News Amid the ongoing mild crypto recovery led by Bitcoin (BTC), the BNB ecosystem has recorded significant growth in on-chain transactions catalyzed by memecoin trading led by the recently launched Mubarak (MUBARAK). The notable support of the MUBARAK memecoin by the BNB community – led by Biannce co-founder Changpeng Zhao (CZ) – has helped maintain bullish sentiment. Mubarak Fundamentals The MUBARAK memecoin launched on March 13 following an X post by CZ. Launched on the Four Meme launchpad, Mubarak has also been incorporated as part of the Binance Alpha. As a result of the rising community support, the memecoin received $50k liquidity support from the BNB Chain Pool Support Program, thus growing its overall liquidity to more than $1 million. With around 14k on-chain holders, Mubarak memecoin has also received significant support from CEXes listings, led by MEXC, Gate.io, and BingX. Fortune favors the memers. $MUBARAK is coming to BingX Spot. @mubarak_cto Deposit Time: 2025-03-17, 02:00:00 (UTC) Trading Time: 2025-03-17, 03:00:00 (UTC) Withdrawal Time: 2025-03-19, 03:00:00 (UTC) Listing details: https://t.co/8iviRjglsD pic.twitter.com/zKUw34eRZQ — BingX (@BingXOfficial) March 17, 2025 Midterm Price Targets The small-cap memecoin, with a fully diluted valuation of about $111 million and a 24-hour average trading volume of around $54 million, pumped more than 200 percent in the past 24 hours to trade about $0.112 on Monday, March 17, during the early London session. Since its inception, MUBARAK price has been forming a rising trend, characterized by higher highs and higher lows. However, the rate of bullish growth has gradually declined, thus resulting in a rising wedge pattern in the four-hour time frame. Consequently, Mubarak price could soon enter a market correction phase, with the first major support level around $0.04.
The post Pi Coin Price Prediction: Coinbase Teases Pi Network Listing, Price Targets 30% Surge appeared first on Coinpedia Fintech News Pi Network has been gaining traction as Coinbase hints at a potential listing of Pi Coin. The excitement surrounding this announcement comes after Pi Network made progress in restoring transferable Pi coins, with the value of the tokens increasing significantly. Coinbase’s Chief Legal Officer, Paul Grewal, stirred excitement by tweeting about Pi Day and the potential of Pi Coin. His tweet included an image of pies adorned with the Pi logo and he wrote, “We take Pi Day at @coinbase very seriously.” We take Pi Day at @coinbase very seriously. pic.twitter.com/qimBsCKJNv — paulgrewal.eth (@iampaulgrewal) March 14, 2025 While the Pi Network community eagerly waits for official news, the broader cryptocurrency market continues to show positive movement. Bitcoin has surged past the $83,000 mark, and altcoins like Solana and XRP have also made decent gains. In contrast, Pi Coin has been experiencing price suppression, hovering around $1.40, down by more than seven percent, leading many to question whether it can hold its ground above the important levels. Will Pi Coin Gain 30%? Pi Network’s price is predicted to increase by 30.37%, reaching $1.835256 by March 22, 2025, according to CoinCodex. However, the current market sentiment is bearish, with the Fear & Greed Index at 32, indicating fear among investors. In the last 30 days, Pi Network had 8 out of 25 days with positive price movement, showing some volatility in the market. Despite this, there is hope that the price will rise as the network continues to As the Pi Network’s grace period for unverified balances comes to an end, the network is expected to transition into a more mainstream phase, with real-world applications driving its future growth. The upcoming auction for Pi domains also signals the network’s ongoing development and further integration into the digital ecosystem.
The post Crypto News Today, 17th March : Bitcoin Live Price, Meme coins, XRP News appeared first on Coinpedia Fintech News March 17, 2025 05:57:00 UTC Mubarak and Friends Power BNB Chain DEX to $1.64B in Daily Trading Driven by the recent surge in memecoins like Mubarak, BNB Chain’s DEX has recorded an impressive $1.64 billion in trading volume over the past 24 hours, overtaking Solana to claim the top spot. Simultaneously, PancakeSwap—BNB Chain’s flagship decentralized exchange—has also emerged as the highest volume DEX during the same period. These strong figures underscore BNB Chain’s growing influence in the DeFi space, as increased liquidity and active trading in memecoins continue to draw investor attention.
Aave’s proposal for integrating real-world assets has stirred community debate, but founder Stani Kulechov confirmed that no new tokens will be created. The latest update involves Aave’s Horizon initiative, which
According to COINOTAG News, Binance is set to modify the collateral ratios for specific assets within its Unified Account on March 21, 2025, at 14:00 (UTC+8). These adjustments reflect a
The post Key US Economic Events This Week: How They Could Impact Crypto Markets appeared first on Coinpedia Fintech News This week, the US market is expected to witness several important economic events. These events are very crucial because they can influence the course of the cryptocurrency market. The below given are the key economic events this week. Read on! Prime US Economic Events This Week US Retail Sales Index The US Retail Sales index will be released on Monday. The sales index provides aggregated measures of sales of retail goods and services over a period of month. In January, it dropped from 0.7% to -0.9%. The consensus expects that it would rise from -0.9% to 0.7%. According to TEForecast, the index would climb to 0.5%. A rise in the US retail Sales index can signal a strong economy, increasing investor risk appetite. This may lead to more capital flowing into volatile assets like cryptos. Conversely, it can also influence the Fed’s decision regarding interest rates, which can then have an adverse effect on the crypto market. US Housing Starts Index The US Housing Starts index will be released on Tuesday. The index showcases the number of new residential construction projects that have begun during any particular month. In January, the index declined from 1.515 million to 1.366 million. The consensus expects that the index would slightly rise from 1.366 million to 1.375 million, Meanwhile, according to TEForecast, it would decline from 1.366 million to 1.34 million. A rising US Housing starts index indicates economic strength. This could boost investor confidence. However, it may also lead to higher interest rates, impacting crypto negatively. US Initial Jobless Claims Index The initial jobless claims index will be released on Thursday. The index shows the number of people who have filed for unemployment benefits with their state’s unemployment agency for the first time during a specific reporting period. In the second week of March, it slipped from 222K to 220K. The consensus estimates that it would grow sharply from 220K to 224K. As per TEForecasts, it would reach as high as 225K. A rise in US initial jobless claims suggests economic weakness. This could decrease investor confidence. However, it might also delay interest rate hikes. US Existing Home Sales Index The US Existing Home Sales index is also scheduled to be released on Thursday. In the US, a house sale occurs when its mortgage is closed. In January, the index decreased from 4.29 million to 4.08 million. The consensus expects that the index would drop to 3.92 million from 4.08 million. A drop in US existing home sales signals economic slowdown. It may also suggest lower consumer spending. This could affect crypto market sentiment adversely. US Fed Manufacturing Index The Philadelphia Fed Manufacturing index is also expected to be released on Thursday. The index is based on The Business Outlook Survey of manufacturers in the Third Federal Reserve District. In February, it declined from 44.3 points to 18.1 points. The consensus expects that it would drop from 18.1 points to 12.1 points. According to TEForcast, it would decline to 11 points. A drop in the index signals economic contraction. It also suggests potential economic slowdown. This could impact broader market sentiment and crypto investment. US Fed Interest Rate Decision The Federal Open Market Committee is scheduled to meet on Tuesday. They will announce their decision on interest rates on Wednesday. Experts believe that the US Federal Reserve will leave its interest rates unchanged when its policy committee meets this week. In a recent speech, Fed Chairman Jerome Powelll hinted that his organisation is taking a wait-and-see approach to interest rates since so many economic policies are up in the air.
Is the cryptocurrency market showing signs of recovery, or are we still wading through uncertainty? The latest reading of the Crypto Fear and Greed Index offers a glimpse into the prevailing market mood. As of March 17th, the index, a product of Alternative.me, stands at 32. This marks a slight two-point increase from the previous day. But before you jump to conclusions about a bullish reversal, it’s crucial to note that despite this uptick, the index remains firmly entrenched in the ‘Fear’ zone. Let’s dive deeper into what this means for you and your crypto portfolio. Understanding the Crypto Fear and Greed Index The Crypto Fear and Greed Index is not just a random number; it’s a powerful tool designed to gauge the overall sentiment of the cryptocurrency market. Think of it as a mood ring for the crypto world, reflecting whether investors are feeling overly fearful or excessively greedy. This index operates on a scale from 0 to 100. Here’s a quick breakdown: 0-24: Extreme Fear – This zone suggests investors are extremely worried, often indicating a potential buying opportunity as assets may be undervalued. 25-49: Fear – Still in the cautious territory, signaling that investors are apprehensive about the market’s future direction. 50-74: Greed – This indicates growing optimism, where investors are starting to become more confident and willing to invest. 75-100: Extreme Greed – A zone of exuberance, which can be a warning sign of a market bubble, as prices may be inflated and due for a correction. Currently, with the index at 32, we are still in the ‘Fear’ zone. While a move from 30 to 32 might seem small, it indicates a marginal improvement in crypto sentiment . However, it’s crucial not to interpret this as a definitive shift to bullish territory. The market remains cautious, and understanding why requires looking at the factors that influence this index. What Fuels the Crypto Fear and Greed Index? To provide a holistic view of market sentiment, the Crypto Fear and Greed Index considers a blend of six key market indicators. Each factor contributes to the final index score, giving a weighted perspective on the current market psychology: Factor Weight Description Volatility 25% Measures the current and maximum drawdowns of Bitcoin, comparing it with the corresponding average values of the last 30 and 90 days. Unusually high volatility can indicate fear. Market Momentum/Volume 25% Compares the current market momentum and volume to the last 30 and 90-day averages. High buying volumes and positive momentum can suggest greed. Social Media 15% Analyzes social media sentiment, particularly on platforms like Twitter and Reddit, for hashtags related to Bitcoin. A high volume of negative sentiment points towards fear. Surveys 15% Weekly crypto surveys are conducted to gauge investor sentiment. These provide a direct measure of fear or greed among crypto traders and investors. Bitcoin Dominance 10% Measures Bitcoin’s dominance in the overall crypto market. Increasing Bitcoin dominance can sometimes indicate a flight to safety during fearful times. Google Trends 10% Analyzes Google Trends data for Bitcoin-related search queries. Spikes in certain search terms can indicate either fear or greed, depending on the context. Bitcoin Fear and Greed: The Leading Indicator? Given that Bitcoin Fear and Greed often mirrors the broader market sentiment, its significant weighting in the index (through factors like volatility, momentum, and dominance) is understandable. Bitcoin, as the flagship cryptocurrency, often dictates the overall direction and mood of the market. When Bitcoin experiences significant price swings or increased volatility, it tends to amplify fear or greed across the entire crypto space. Therefore, keeping an eye on the Bitcoin Fear and Greed trends is crucial. A persistently low Fear and Greed Index for Bitcoin can signal prolonged market pessimism, while a consistently high reading may indicate an overheated market potentially due for a correction. However, it’s important to remember that the index is just one of many tools and should be used in conjunction with other forms of market analysis. Decoding Cryptocurrency Market Fear: What Does ‘Fear’ Imply? When the index consistently hovers in the ‘Fear’ zone, like it is currently, what does it truly mean for the cryptocurrency market fear landscape? ‘Fear’ in the crypto market typically manifests in several ways: Increased Volatility: Fear often leads to erratic price movements as investors react impulsively to negative news or market downturns. Reduced Trading Volume: Some investors may choose to sit on the sidelines, leading to decreased liquidity and potentially exacerbating price swings. Flight to Safety: In times of fear, investors might move their capital towards more established cryptocurrencies like Bitcoin or even stablecoins, perceived as safer havens. Potential Buying Opportunity: Contrarian investors often see periods of extreme fear as ideal times to buy assets at discounted prices, anticipating a market rebound. While the ‘Fear’ zone can feel unsettling, it’s essential to remember that market cycles are inherent in the crypto world. Fear phases are often followed by periods of recovery and growth. The key is to remain informed, avoid emotional decision-making, and have a well-thought-out investment strategy. Actionable Insights from Crypto Market Analysis: Navigating Fear So, how can you use this Crypto market analysis based on the Fear and Greed Index to your advantage? Here are some actionable insights: For Long-Term Investors: A ‘Fear’ zone can be a signal to consider dollar-cost averaging into your favorite cryptocurrencies. When fear is high, prices are often lower, presenting a potentially attractive entry point for long-term holdings. For Traders: The index can help gauge market sentiment for short-term trading. However, it’s crucial to combine it with technical analysis and other indicators. A slight uptick in the index, like the current move from 30 to 32, might suggest a potential short-term bounce, but it’s not a guarantee. Risk Management: Regardless of your investment horizon, the Fear and Greed Index serves as a reminder to manage risk. Avoid over-leveraging during times of fear and ensure your portfolio is diversified to withstand market fluctuations. Stay Informed: Regularly monitor the Crypto Fear and Greed Index along with other market news and analysis to stay ahead of potential market shifts. Conclusion: Staying Grounded in a Fearful Market The Crypto Fear and Greed Index, currently at 32 and in the ‘Fear’ zone, paints a picture of a market still grappling with uncertainty. While the slight increase is a minor positive signal, it’s not yet indicative of a major sentiment shift. Understanding the factors that drive this index and interpreting its readings within the broader context of market analysis is crucial for navigating the volatile crypto landscape. By staying informed and grounded, you can make more rational investment decisions, even when fear prevails. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
OKX has temporarily suspended its decentralized exchange aggregator after regulators in the European Union (EU) began looking at how it was used by North Korea to launder proceeds from a recent hack of crypto exchange Bybit. Bloomberg reported on March 11 that the EU regulators were investigating OKX’s Web3 services for allegedly laundering funds from the Bybit hack, prompting OKX President Hong Fang and other executives to call Bloomberg's report misleading and assert the company's commitment to combating financial crime. "We are addressing a tagging issue with explorers that highlights OKX DEX aggregator as the destination of trades when in fact, OKX DEX aggregator just looks for the best price to execute the order, and then the final order/trade is placed on one of the DEXs our aggregator connects to," a spokesperson for OKX told CoinDesk in a Telegram message. The spokesperson said that after consulting regulators, they proactively paused our DEX aggregator to implement new tagging and security upgrades. "This decision ensures the transparency of how our software and systems work, along with the safety of our platform and users," they continued.
Crypto investors are reporting a wave of scam emails impersonating Coinbase, pressuring users to transfer assets into fraudulent self-managed wallets before an April 1 deadline. Victims shared examples of recent scam emails on X. These emails claim that Coinbase is transitioning users into self-custodial wallets due to a court mandate stemming from a class-action lawsuit alleging the exchange sold unregistered securities. In reality, the lawsuit from the US SEC was dismissed on 27 February. Is anyone else getting the fake @coinbase emails and texts? They’re getting increasingly sophisticated. One is a fake verification text to get you to call a fake support number and the other is an email getting you to set up a real wallet they can drain. Stay safe out there. pic.twitter.com/8SgjPQeUqk — Steve 🤙 (@SteveKBark) March 14, 2025 Any crypto assets sent to the compromised wallets become immediately accessible to the fraudsters, resulting in the theft of all transferred funds. The scam emails state: “Coinbase will operate as a registered broker, allowing the purchases, but all assets must move to Coinbase Wallet.” The exchange has officially responded to these scam emails on X. In a recent post, the exchange said that it is aware of recent phishing emails from scammers. It warned, “We will never send you a recovery phrase, and you should never enter a recovery phrase given to you by someone else.” Reminder: Beware of recovery phrase scams. We're aware of new phishing emails going around pretending to be Coinbase and Coinbase Wallet. We will never send you a recovery phrase, and you should never enter a recovery phrase given to you by someone else. pic.twitter.com/E9Us5jNS4C — Coinbase Support (@CoinbaseSupport) March 14, 2025 Users are strongly advised to remain cautious and disregard any recovery phrases given by someone else. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Hold onto your hats, crypto enthusiasts! In a stunning turn of events, North Korea has reportedly ascended to the ranks of a major Bitcoin holder, securing the third-largest government position globally. Yes, you read that right. While nations worldwide grapple with crypto regulation and adoption, it appears North Korea has been quietly amassing a significant digital fortune. Let’s dive into the details of this surprising development and explore what it means for the future of cryptocurrency and global geopolitics. Shocking North Korea Bitcoin Holdings Revealed According to a recent report by Bitcoin.com, leveraging data from the esteemed Arkham Intelligence, North Korea now holds the third-largest stash of Bitcoin among governments worldwide. This revelation is based on the identified holdings of the Lazarus Group, a notorious hacking collective with ties to North Korea. Arkham Intelligence’s meticulous on-chain analysis pinpoints the Lazarus Group as possessing a staggering 13,562 BTC. This places North Korea ahead of nations like Bhutan and El Salvador in the government Bitcoin holdings race, painting a fascinating, if not slightly concerning, picture of global crypto distribution. But how does this compare to other nations? Let’s take a look at the top players in the government Bitcoin holding arena: Rank Government Bitcoin Holdings (BTC) 1 United States 198,109 2 United Kingdom 61,245 3 North Korea 13,562 4 Bhutan 10,635 5 El Salvador 6,117 As you can see, the United States and the United Kingdom dwarf other nations in their Bitcoin reserves. However, North Korea’s position at number three is undeniably noteworthy, especially considering the nation’s isolated economic and political standing on the global stage. This data underscores the diverse and sometimes unexpected ways in which Bitcoin is being adopted and utilized by different entities around the world. Decoding Government Bitcoin Holdings: Why North Korea? The question that naturally arises is: why is North Korea accumulating Bitcoin, and how did they amass such a significant amount? The answer, according to the report, lies with the Lazarus Group. This hacking collective, infamous for its cybercriminal activities, is believed to be responsible for numerous high-profile crypto heists, including the recent breach of the crypto exchange Bybit. It’s suspected that the Bitcoin held by North Korea is largely derived from these illicit activities. This raises several critical points about the nature of government Bitcoin holdings and the methods of acquisition: Sanctions Evasion: North Korea faces stringent international sanctions due to its nuclear weapons program. Cryptocurrencies, particularly Bitcoin, offer a potential avenue to bypass these sanctions and access the global financial system. Funding State Operations: The funds obtained through cybercrime and cryptocurrency holdings could be used to finance various state operations, including military programs and government initiatives. Decentralized Finance Advantage: Bitcoin’s decentralized nature and relative anonymity make it an attractive tool for nations seeking to operate outside the traditional financial framework. Economic Strategy: In a nation with limited access to international trade and finance, Bitcoin could be viewed as a strategic asset and a store of value, albeit a volatile one. Lazarus Group Crypto Activities and Bybit Breach The Lazarus Group’s role in North Korea’s Bitcoin adoption strategy cannot be overstated. This sophisticated hacking organization has been linked to numerous cyberattacks targeting financial institutions and cryptocurrency exchanges globally. Their modus operandi often involves sophisticated phishing campaigns, malware deployment, and exploiting vulnerabilities in exchange security systems. The recent breach of Bybit, a prominent crypto exchange, further highlights Lazarus Group’s ongoing and impactful operations within the crypto sphere. The implications of Lazarus Group’s activities are far-reaching: Increased Scrutiny on Crypto Exchanges: Incidents like the Bybit breach underscore the need for robust security measures and enhanced vigilance within the cryptocurrency exchange ecosystem. Geopolitical Cybersecurity Concerns: State-sponsored cybercrime, particularly for financial gain, raises significant geopolitical cybersecurity concerns and necessitates international cooperation to combat these threats. Reputational Risks for Crypto: The association of cryptocurrency with illicit activities, such as those attributed to Lazarus Group, can negatively impact the overall perception and mainstream adoption of crypto assets. The Broader Picture: Bitcoin Adoption and Crypto Regulation North Korea’s emergence as a significant Bitcoin holder is just one facet of the evolving global crypto landscape. Across the world, governments are grappling with how to regulate, manage, and potentially leverage cryptocurrencies. While some nations, like El Salvador, have embraced Bitcoin as legal tender, others remain cautious, citing concerns about volatility, money laundering, and illicit financing. The situation with North Korea adds another layer of complexity to the ongoing discussions around crypto regulation : Regulatory Challenges: How can international regulatory bodies effectively address the use of cryptocurrency by sanctioned nations and cybercriminal organizations? Transparency and Traceability: Enhancing the transparency and traceability of cryptocurrency transactions is crucial to deter illicit activities, but also raises privacy concerns. International Cooperation: Combating crypto-related crime and illicit financing requires robust international cooperation and information sharing between governments and law enforcement agencies. Innovation vs. Security: Striking a balance between fostering innovation in the crypto space and ensuring security and regulatory compliance remains a key challenge for policymakers worldwide. Navigating the Future of Crypto and Global Finance The revelation of North Korea’s substantial Bitcoin holdings serves as a stark reminder of the multifaceted nature of cryptocurrency and its growing influence on the global stage. It highlights both the potential benefits and inherent risks associated with decentralized digital currencies. As governments and institutions continue to navigate the complexities of crypto regulation and adoption, the case of North Korea underscores the urgent need for international dialogue, enhanced cybersecurity measures, and a balanced approach that fosters innovation while mitigating risks. The crypto world is constantly evolving, and stories like this one demonstrate just how dynamic and unpredictable it can be. Keep your eyes peeled, stay informed, and continue to explore the fascinating world of digital currencies! To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin adoption.