Binance’s billionaire founder Changpeng Zhao on Monday was appointed as a strategic advisor to the Pakistan Crypto Council (PCC), a press release issued by the Finance Division said.
The Pakistan Crypto Council (PCC) was officially launched last month to “regulate and integrate blockchain technology and digital assets” into the country’s financial landscape
#BITGETFRAUD If the price of something is zero, can we withdraw it?This is nonsense."Why do you launch fake coins on your platform, and after scamming users, delist them so that they no longer exist afterward? This only results in losses for the users."
#BITGAT Fraud APRS has almost completely collapsed, and the primary responsibility lies with BITGAT, as this platform frequently launches fake coins, resulting in significant losses for investors. The complete elimination of APRA/USDT in just one day is a serious issue. Now, the question arises: who will take responsibility for compensating our losses?"And in BitGat, there are many other coins that suddenly disappear completely. For example, if a coin's price is 1 USDT, when you check it the next day, there will be nothing left except 0."
#StablecoinSurge USD Coin (USDC) is a stablecoin pegged to the US dollar, meaning 1 USDC is intended to always be worth $1. It is issued by Circle in partnership with Coinbase and operates on multiple blockchains, including Ethereum, Solana, and Avalanche
#FollowTheLeadTrader Market Cap Change**: The market cap has seen a very slight increase of ~0.10%, which is not significant enough to indicate a strong bullish trend.
CMC100 Change**: The CMC100 (likely representing the top 100 cryptocurrencies) has seen a minor increase of ~0.36%, which again is not a strong indicator of bullish momentum.
### Key Indicators: 1. **Price Movement**: The current price is 578.72, which is up by 4.25%. This indicates a recent upward movement. 2. **Moving Averages (MA)**: - MA(7): 579.37 - MA(25): 580.01 - MA(99): 578.41 The price is currently below the MA(7) and MA(25) but above the MA(99), suggesting a mixed signal but with a slight bearish bias in the short term. 3. **RSI(6)**: 23.11, which is in the oversold territory. This could indicate a potential reversal or continuation of the downtrend if the RSI remains low.
### Potential Scenarios: - **Bullish Scenario**: If the price breaks above the MA(7) and MA(25) with increasing volume, it could signal a bullish entry point. A target could be set near the recent high of 581.51 or higher, depending on market conditions. - **Bearish Scenario**: If the price fails to break above the MA(7) and MA(25) and continues to decline, it could signal a bearish entry point. A target could be set near the MA(99) at 578.41 or lower, depending on market conditions.
### Entry and Exit Points: - **Bullish Entry**: Consider entering a long position if the price breaks above 580.01 (MA(25)) with confirmation from increasing volume and RSI moving out of the oversold territory. - **Bullish Exit**: Set a take-profit target near 581.51 or higher, and a stop-loss just below the MA(99) at 578.41. - **Bearish Entry**: Consider entering a short position if the price fails to break above 580.01 and starts to decline, especially if the RSI remains.
#TradingAnalysis101 Types of Trading Analysis** There are three main types of analysis used in trading: 1_Technical Analysis** - Focuses on price movements, charts, and patterns. - Uses indicators like moving averages, RSI, MACD, and Bollinger Bands.
2_Fundamental Analysis - Focuses on the intrinsic value of an asset. - Examines financial statements, economic indicators, and news events.
3-Sentiment Analysis - Focuses on market psychology and trader behavior
#CryptoMarketWatch As of March 10, 2025, the cryptocurrency market is experiencing notable developments:
Market Overview:
Bitcoin (BTC): The price of Bitcoin has experienced a sharp decline, currently trading at approximately $80,024.
Ethereum (ETH): Ethereum's price has also decreased, reflecting the overall market downturn.
Altcoins: Major altcoins such as Binance Coin (BNB), Ripple (XRP), Cardano (ADA), and Solana (SOL) are similarly experiencing downward price movements.
$USDC USD Coin (USDC) is a regulated stablecoin pegged 1:1 to the U.S. dollar, issued by Circle and Coinbase. It is backed by cash and U.S. government bonds, ensuring stability. USDC operates on multiple blockchains (Ethereum, Solana, Tron, etc.), making it widely used for trading, payments, DeFi, and cross-border transactions. It is considered transparent and compliant, with regular audits verifying its reserves.
#WhiteHouseCryptoSummit The White House Crypto Summit, held on March 7, 2025, marked a major shift in U.S. digital asset policy under President Donald Trump. The key takeaways include:
Crypto Strategic Reserve: The U.S. will hold cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple (XRP) to strengthen its position in the sector.
Regulatory Reforms: The government ended “Operation Chokepoint 2.0”, allowing banks to engage with crypto more freely.
Industry Collaboration: Over 20 top crypto executives attended to discuss the future of digital assets.
Leadership Appointments: David O. Sacks, the new AI and Crypto Czar, will oversee the development of crypto regulations.
$BTC As of March 8, 2025, Bitcoin (BTC) is trading at approximately $86,402. Technical analysis indicates the following key support and resistance levels:
Support Levels:
First Support (S1): $83,224
Second Support (S2): $85,663
Third Support (S3): $87,860
Resistance Levels:
First Resistance (R1): $92,496
Second Resistance (R2): $94,935
Third Resistance (R3): $97,132
These levels are derived from classical pivot point calculations, with the pivot point (P1) at $90,299.
#BitcoinPolicyShift As of March 8, 2025, Bitcoin (BTC) is trading at approximately $86,359.00 USD. This reflects a slight decrease of 1.56% from the previous day. The day's trading range has seen a high of $91,093.00 and a low of $85,345.00.
In recent developments, U.S. President Donald Trump, previously known for his skepticism towards cryptocurrencies, signed an executive order establishing a strategic Bitcoin reserve. This reserve is funded by Bitcoin forfeited in criminal or civil asset proceedings and aims to leverage Bitcoin's fixed supply, highlighting its strategic advantage. The executive order mandates budget-neutral strategies for acquiring additional Bitcoin without burdening taxpayers. This move is seen as a significant step toward institutional legitimacy for Bitcoin, setting a precedent for sovereign adoption.
$XRP Trump's announcement of a Crypto Strategic Reserve, which includes XRP, has sparked significant interest in the crypto market. XRP, known for its fast and low-cost transactions, has often been positioned as a key player in cross-border payments and financial institutions.
If this plan moves forward, XRP’s inclusion in the U.S. reserve could boost its legitimacy, adoption, and possibly its price. However, there are still uncertainties regarding how the reserve will be managed and whether regulatory hurdles will impact its implementation.
#USCryptoReserve President Donald Trump has announced the creation of a U.S. "Crypto Strategic Reserve," aiming to bolster the nation's position in the digital asset sector. This initiative, part of his January executive order on digital assets, will include five cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano.