PA Daily | Binance Alpha launches mubarak; Telegram founder is allowed to leave France Toncoin (TON) rises 20%
Reprinted from panewslab
03/16/2025·3MToday's news tips:
1. Macro Outlook Next Week: Trump's "bitter plan" forces the Fed to cut interest rates, Super Central Bank is coming to the week
2. Pakistan sets up a cryptocurrency committee to regulate blockchain and digital assets
3. Telegram founder Pavel Durov is allowed to leave France and move to Dubai, Toncoin (TON) rises 20%
4.Binance Alpha launches mubarak
5. Kaito AI and its founder Yu Hu’s X account were hacked and control has been restored, and its wallet has not been damaged.
6. The total profit of mubarak list has increased to US$568,000, with a return rate of 493 times
7. The cumulative net inflow of US spot Bitcoin ETFs has dropped to its lowest level since January 2
8.NFT transaction volume fell 7.84% month-on-month to US$109.2 million in the past seven days, and the number of buyers and sellers increased by more than 400%.
Regulatory/Macro
This week is a week worth "down in history" for gold investors. In a world full of uncertainty, gold broke through the $3,000 mark for the first time on Friday as investors chased the historic surge in safe-haven assets in an attempt to circumvent economic uncertainty caused by US President Trump’s tariff war. Next week, global investors will usher in a "super central bank week". The Bank of Japan, the Federal Reserve, the Swiss National Bank, the Bank of Sweden and the Bank of England will announce interest rate decisions one after another. Here are the key points that the market will focus on in the new week:
Monday at 20:30, the U.S. retail sales monthly rate in February and the New York Fed Manufacturing Index in March
Thursday at 02:00, Federal Reserve FOMC released interest rate resolution and economic expectations summary
On Thursday, 02:30, Federal Reserve Chairman Powell held a press conference on monetary policy
Thursday at 20:30, the number of initial unemployment claims for the week from March 15, the U.S. fourth quarter current account, and the March Philadelphia Fed Manufacturing Index
On Friday, FOMC Permanent Voting Committee and New York Fed Chairman Williams delivered a speech
The most important thing next week is Thursday's Fed rate decision. In addition to interest rate decisions, statements and press conferences, the committee will also release updated economic forecasts, including a new "dotmap". As the market generally expects it to take no action by June, the focus may be firmly on the dot map. Some analysts predict that this so-called "economic panic" is a "tricking trick" of the Trump administration, trying to force the Fed to lower its stance and cut interest rates as soon as possible. Former Lehman Brothers trader Larry McDonald also predicts that Trump is deliberately creating an economic recession to force the Federal Reserve to cut interest rates in order to reduce interest expenses in the U.S. government.
Pakistan sets up cryptocurrency committee to regulate blockchain and digital assets
The Pakistani government has established the Pakistan Cryptocurrency Commission (PCC) to oversee the integration and use of blockchain technology and digital assets in the country's financial sector. The PCC’s agenda includes developing clear regulatory guidelines for cryptocurrency adoption, working with international cryptocurrency and blockchain organizations, and promoting responsible innovation. The committee will also focus on consumer protection and financial security through a sound legal and compliance framework.
Finance Minister Muhammad Aurangzeb will chair the committee, leading a diversified committee that includes senior officials from major financial and regulatory agencies. The leadership is composed of the President of the National Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Minister of Federal Law and Information Technology, aims to ensure a comprehensive approach to regulatory oversight, financial stability and technological advancement.
Pakistan is currently one of the countries with the highest adoption rates of cryptocurrency, with an estimated 20 million active cryptocurrency users and a cryptocurrency transaction volume of more than US$20 billion.
Viewpoint
A survey result released by a crypto asset management company Grayscale and Harris poll showed that more than one quarter (26%) of high-net-worth Americans with $1 million or more investable assets currently hold cryptocurrencies, and nearly two-fifths (38%) are expected to include cryptocurrencies in the future. Data shows that after the spot cryptocurrency ETP was approved at the beginning of last year, high-net-worth investors were more concerned about the economic situation and were more at ease with cryptocurrency investment.
Bitcoin needs to close above the critical $81,000 weekly line to avoid more downward volatility ahead of next week’s Federal Open Market Committee (FOMC) meeting, Ryan Lee, chief analyst at Bitget Research, said a closing price break above $81,000 this week would be key to avoiding further declines in Bitcoin, and staying above that level would indicate resilience, but if it falls below $76,000, it could trigger more short-term selling pressure. According to the latest estimates from the Fed's Fed Watch tool, the market currently expects the possibility that the Fed will maintain interest rates to be stable is 98%.
ECB Administrative Commission member Francois Villeroy de Galhau said U.S. support for cryptocurrencies and non-bank finance could trigger the next financial emergency. "There is a possibility that the United States will commit crimes due to negligence. Financial crises often originate in the United States and spread to other parts of the world. By encouraging crypto assets and non-bank finance, the U.S. government is sowing the seeds of future turmoil." Galhau added that regulation in Europe is more secure and said that the EU does not have the risk of a banking crisis.
Project News
Binance Alpha launches mubarak
According to official page data, Binance Alpha has been launched on mubarak.
Telegram founder Pavel Durov is allowed to leave France and move to Dubai
Telegram founder Pavel Durov left France and moved to Dubai with approval from French courts. The specific terms of the court ruling are unclear, but the relocation of Pavel Durov has re-raised debate over jurisdiction, privacy and the responsibility of tech leaders in combating illegal activities on their platforms. Unconfirmed reports say Pavel Durov has either settled the case in France or obtained permission to leave France during the court case.
TON Foundation confirms that Pavel Durov has obtained his personal passport
The TON Foundation issued a statement on the X platform saying that it has confirmed that TON founder Pavel Durov has obtained his personal passport and has obtained France's permission to leave and issue it. The TON Foundation said that as part of the decentralized TON community, it will continue to support Pavel Durov.
Kaito AI and its founder Yu Hu’s X account were hacked last night, and its price rebounded after falling nearly 10%. Kaito AI founder Yu Hu said: "Having regained control of the X account, the KAITO wallet is secure and not compromised. How the intrusion happened is currently under investigation."
Kaito AI founder Yu Hu tweeted that he deleted the tweet and modified his password after discovering that the hacker posted a fake tweet. Currently no new login history/device is displayed on X; no new X login notifications are available in emails; never logged out of your own or Kaito account throughout the process; so far, an isolated X hack (discord, email, personal wallet, etc. all seem to be good); always enable hardware 2FA, always keeping top-level opsec (no downloading anything or clicking any weird links).
Binance: Projects that are already on the spot market will no longer be displayed in Binance Alpha
According to the official announcement, Binance Wallet tweeted that Binance Alpha is the Binance Coin Watch Area, once the project is listed on the Binance spot market, the project will no longer be displayed in Binance Alpha.
Since the launch of the Binance Alpha platform, 7 popular tokens have been listed on Binance, including COOKIE, AIXBT, CGPT, Cheems, TST, SHELL, GPS.
Market News: ZKasino team members are suspected to launch new project WhiteRock
According to the X platform of crypto KOL He Bi, the ZKasino team, which once swept away more than 10,000 ETH, signed multiple wallet controller and co-founder Prometheus, is suspected to launch the on-chain brokerage business project WhiteRock in a new identity, reminding users to pay attention to safety.
Related Readings: ZKasino accused of soft Rug: More than 10,000 ETH were forced to "donate", and the founder was "tried out" by his former boss
Important data
Total profits have increased to $568,000, with a return rate of 493 times
According to @ai_9684xtpa monitoring, due to the positive news of the launch of Binance Alpha, the market value of $mubarak exceeded US$50 million in a short period of time. The total profit of the first address 0x970...0a710 has increased to US$568,000, with a return rate of 493 times. Two days ago, the address spent US$1,153 to buy 20.84 million tokens at a low price of US$0.00005,533. It has sold 62% of its holdings, and the remaining 13 million tokens are still floating profit of US$566,000. This address does not seem to be an insider address, because he bought almost all the Memes named mubarak.
Cumulative net inflows of U.S. spot bitcoin ETFs have fallen to their lowest level since January 2
In February, the US spot Bitcoin ETF achieved net inflows in just 5 days, and so far in March, and the total cumulative net inflows in total has been basically erased since the beginning of 2025. According to SoSoValue data, the cumulative net inflows of these funds are currently US$35.2 billion, only US$200 million more than US$35 billion on January 2, 2025 (the first trading day).
Trump's family crypto project WLFI buys $2 million in AVAX and MNT respectively 2 hours ago
According to on-chain analyst Ember Monitor, WLFI, a DeFi project supported by the Trump family, added new purchases of AVAX and MNT 2 hours ago:
- Spend USDT 2 million and purchased 103,911 AVAX, with an average price of USD19.25
- Spend 2 million USDT and purchased 2.45 million MNTs, with an average price of USD81 USD
Currently, the WLFI portfolio has spent a total of about US$340 million to purchase 11 tokens, and currently has an overall floating loss of about one-third (about US$115 million), including ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, SEI, AVAX and MNT. The entire portfolio ETH accounted for more than half (58%), and the single ETH lost about US$88 million.
According to Spot On Chain, the short position of the "Hyperliquid 50x Leverage Whale" has increased to 3,941 BTC ($331.8 million):
- Admission price: USD 84,040.8
- Liquidation price: $85,290
- Floating loss: US$8.368 million
The whale bought 1,692 BTC (approximately $110 million) between $58,664 and $69,414.
According to on-chain analyst Ember Monitor, the whale/institution that raised $AUCTION has raised 365,000 AUCTION (9.62 million US dollars) from Binance in the past two days.
Now the whale/institution has raised a total of 25% AUCTION (1.866 million) from Binance through 4 addresses, worth US$49.4 million. Currently, there are only 706,000 AUCTIONs left in Binance address (9%).
According to CryptoSlam data, NFT transaction volume fell 7.84% this week from the previous week, down from $121.5 million to $109.2 million. The number of buyers soared 697.00% to 204,693; the number of sellers jumped 419.23% to 133,708; the number of transactions fell 5.46% to 1,497,932.
Ethereum online transaction volume fell 11.28% to $32.7 million, but the number of buyers more than doubled, up 103.27% to 31,517. Bitcoin network transaction volume rose 4.63% against the trend to $22.8 million; Mythos Chain network fell slightly by 1.78% to $15 million; Solana network fell 43.44% to $10.1 million.
The best-selling NFTs of the week include:
- Beeple Special Edition #100020001: $464,480 (464,480 USDC)
- Beeple Special Edition #100020001: $441,000 (441,000 USDC)
- Know Origin #30101: $390,000 (390,000 USDC)
- CryptoPunks #4220: $251,307 (134.69 ETH)
- CryptoPunks #8968: $246,449 (128 ETH)
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