Binance founder @CZ appointed Pakistan Crypto Council's strategic adviser
Binance Founder Changpeng Zhao, known as CZ, has officially been appointed as a strategic adviser to the newly-formed Pakistan Crypto Council (PCC).
The announcement was made during Zhao's meeting with the PCC on Monday.
The meeting was chaired by Finance Minister Senator Muhammad Aurangzeb and brought together key government stakeholders, including the Securities and Exchange Commission of Pakistan (SECP) chairman, the State Bank of Pakistan (SBP) governor, and the federal secretaries for Law and IT.
The Federal Reserve has decided to keep interest rates the same at 4.25-4.5%. This means that borrowing costs won’t change for now. However, they’ve said that there’s more uncertainty about the economy and inflation is still higher than they would like. The Federal Reserve also lowered its growth expectations for 2025, while raising its inflation outlook. Despite this, the Federal Reserve remains cautious and is closely watching the economic situation.
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📈The crypto market will pump only when the US stock market pumps, and the stock market will pump only when interest rates are reduced.
Simple Explanation:
Interest rates will only decrease when the economy slows down. Right now, inflation is still high, and it needs to come down further. At the same time, unemployment needs to rise slightly before the government considers lowering rates. In other words, until the economy naturally slows down, there is no chance of getting cheap loans or easy money.
Another Important Signal – The Bond Market
Think of it this way: Suppose you have money to lend, and you’re deciding between lending it for 3 months or 10 years. Normally, if you lend for a longer period (like 10 years), you should get a higher return because the risk is greater.
However, when the opposite happens—meaning a 3-month loan gives a higher return than a 10-year loan—it signals that investors believe the economy will slow down in the future. This is called an “inverted yield curve”, and it often signals that interest rate cuts are coming.
When Will Interest Rates Decrease?
Looking at the current situation, interest rates are likely to be reduced between July and September (Q3). So, if you’re waiting for cheaper loans or better investment opportunities, you’ll need to be a little patient.
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📊Tomorrow’s 12 March US CPI data will make the market bullish or bearish?
If we want to analyze the Consumer Price Index (CPI) and Core CPI for February 2025, we need to consider several key factors. Here is a step-by-step analysis:
Step 1: Reviewing CPI and Core CPI Data for January 2025 • In January 2025, CPI increased by 0.5%, bringing the annual inflation rate to 3.0%. • Core CPI, which excludes food and energy prices, also increased by 0.4%, with an annual rate of 3.3%.
Step 2: Inflation Expectations for February 2025 • According to the Federal Reserve Bank of
The financial markets are facing turbulence, and Bitcoin, along with the entire crypto market, is feeling the heat. One major reason behind this drop is that S&P futures opened lower, and the Friday low of 5665 points has now become a critical technical level.
US stock futures, including the Dow Jones, S&P 500, and Nasdaq, are down. Investors have spent the weekend digesting February’s jobs report and are now bracing for a week packed with crucial economic data, especially inflation numbers. Dow futures have slipped by 0.5%, S&P 500 futures by 0.7%, and Nasdaq futures by 1%.
The markets were already down over 2% last week, and now trade war fears are adding more uncertainty. Tensions between the US, Mexico, and Canada over tariffs are making headlines again. In an interview with Fox News, President Trump tried to calm recession concerns by calling this phase a “period of transition.”
Meanwhile, Mark Carney is stepping in as Canada’s new Prime Minister in the middle of these economic challenges. This week will be key for financial markets as inflation data will play a significant role. The Consumer Price Index report is scheduled for Wednesday, followed by the Producer Price Index on Thursday. These reports will give a clearer picture of where inflation is heading.
On the earnings side, it’s a relatively quiet week, with Oracle and BioNTech reporting on Monday, followed by Adobe on Wednesday.
The crypto market often follows global financial trends, and with stock markets struggling, Bitcoin and other cryptocurrencies are also seeing downward pressure. Investors are closely watching how things unfold in the coming days.
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🇺🇸U.S. Non-Farm Payroll (NFP) data and the White House Crypto Summit!
Today, March 7, 2025, two significant events—the release of the U.S. Non-Farm Payroll (NFP) data and the White House Crypto Summit—are poised to impact financial markets, including cryptocurrencies like Bitcoin.
Non-Farm Payroll (NFP) Data Release: • Release Time: The NFP data is scheduled for release at 8:30 AM Eastern Time (ET). • New York Time (ET): 8:30 AM ET • Market Impact: The NFP report provides insights into the U.S. labor market by indicating the number of jobs added or lost, excludin
Why did Trump just establish a crypto strategic reserve?
President Donald Trump has signed an executive order to establish a strategic reserve for bitcoin making the US one of the few countries in the world to create a national stockpile of blockchain assets. The reserve will hold cryptocurrency forfeited to the federal government as part of criminal or civil proceedings, White House AI and crypto tsar David Sacks said in a post on X. The US will not sell any Bitcoin deposited in the reserve, said Sacks, and will instead keep it as an asset. Trump - w
• $1.5 Billion Crypto Heist: $1.5 billion was stolen from the Bybit exchange in a hack carried out by the North Korean hacking group Lazarus. This caused panic in the market, leading Bitcoin’s price to drop from $109,000 to $60,000.
• MicroStrategy’s New Purchase: MicroStrategy has acquired an additional 20,356 bitcoins, bringing its total holdings to 499,096 bitcoins, now valued at $47.4 billion.
• Market Decline: Bitcoin’s price has fallen 27% from its peak of $109,000 and is now below $80,000. Analysts suggest that the $70,000 support level is crucial.
• Gold vs. Bitcoin: Since President Trump took office, gold has outperformed Bitcoin, indicating a shift in investor preference towards gold due to economic and geopolitical uncertainty.
• Impact of Tariffs: Following Trump’s announcement of new tariffs on Canada and Mexico, the Bitcoin and cryptocurrency market experienced a significant decline, wiping out $1 trillion from the market.
• Market Sentiment: Bitcoin has dropped below $80,000, and traders anticipate further declines, especially due to high open interest in put options at the $70,000 strike price.
Can today’s US PCE Inflation Data make the market bullish?
Brothers, if you want to understand where the market is headed in the coming days, the PCE Price Index data is very important. This data shows how fast inflation is rising in America. If it comes in higher than expected, it means the Federal Reserve will have to be more strict to control inflation, which could cause stocks and crypto to drop.
However, if the data comes in lower than expected, it indicates that inflation is under control, and the Fed might cut interest rates, leading to a rally in stocks and crypto. This data is released at 8:30 AM Eastern Time. You can check it on Forexfactory, Investing.com, or CNBC.
If the data is higher than expected, gold and crypto may drop, and the dollar will strengthen. But if the data is positive (lower than expected), gold, Bitcoin , and the stock market could pump.
So, if you’re trading, be prepared at this time—otherwise, don’t FOMO later!
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What is a $BTC CME GAP, and will the CME GAP be filled?
A CME GAP in Bitcoin futures trading occurs on the Chicago Mercantile Exchange (CME) when a significant price movement happens over the weekend. This is because CME markets close on Friday, and the last trading candle is recorded at that time. When the markets reopen on Monday, a new candle forms, creating a price gap due to the movement that occurred over the weekend.
Currently, #BTC has a CME gap with a high probability of being filled. The testing range for this gap is forming between $77,000 and $82,000. Today, BTC’s price has tested the CME gap, and now the key question is whether it will be fully filled.
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NVIDIA share price is falling since NYC time morning because investors did not like yesterday's earnings report. Company showed record revenue but people are worried about its future margin and competition pressure. Because of this, not only NVDA but the entire market is also going down. A lot of traders are looking at this stock closely and think if it reaches around 120 dollars it can bounce from there. This level can be a strong support point from where stocks can go up again if buying pressure comes.
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🚨BREAKING: The 🇺🇸#FBI releases official statement declaring 🇰🇵#NorthKorea responsible for the #Bybit #hack and encourages any transactions from the listed addresses to be BLOCKED
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