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Pullback Ahead of FED Decision: Bitcoin Under Pressure

Pullback Ahead of FED Decision: Bitcoin Under Pressure

<p class="text-left mb-4 ">A cautious wait prevails in global markets ahead of the Federal Reserve's (FED) critical interest rate decision. The decision, to be announced on Wednesday, March 18th, is expected to be released at 9:00 PM Turkish time (GMT+3), with FED Chairman Jerome Powell scheduled to speak at 9:30 PM GMT+3. While markets are pricing in the almost certain scenario of keeping interest rates unchanged, the main focus is on forward-looking messages and projections. Current expectations suggest the FED will keep its policy rate stable between 3.50% and 3.75%. However, recent geopolitical developments in the Middle East, leading to rising energy prices and increased inflation expectations, have heightened sensitivity to the decision text and Powell's tone. According to experts, a "hawkish" stance by the FED, meaning a reluctance to cut interest rates, could put pressure on risky assets. Conversely, an emphasis on inflation being temporary could trigger relief and upward movement in the markets. The scenarios in the markets are quite clearly defined. If projections for the policy interest rate point below 3.75%, this could strengthen expectations of an early rate cut and increase risk appetite, leading to a sharp rise in the markets. While a more limited reaction is expected if the rate remains at this level, a projection above 3.75% could increase selling pressure, particularly in the crypto and stock markets.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Bitcoin's current situation</h2><p class="text-left mb-4 "><a href="https://jrkripto.com/tr/coin/btc" target="_blank" rel="noreferrer" class="text-primary underline">Bitcoin's </a>performance before this critical decision is also noteworthy. The leading cryptocurrency has managed to stay above $70,000, moving in a horizontal band around $71,000. Analysts note that the price being stuck in a narrow range in recent days indicates that the market is waiting for macroeconomic developments to determine its direction. It is stated that the $75,000 level has become a strong resistance, and the difficulty in overcoming this level reveals the market's indecisive nature.</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/btcusdt-2026-03-18-17-25-49-bb511cab.webp" alt="BTCUSDT_2026-03-18_17-25-49.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 ">Although institutional demand and ETF inflows continue to support Bitcoin, macroeconomic uncertainties are limiting this rise. According to QCP Capital analysts, Bitcoin is struggling to generate new momentum despite maintaining the price range established after the recent surge. They emphasize that market dynamics are increasingly dependent on macroeconomic factors rather than crypto-specific developments.</p><p class="text-left mb-4 ">On the other hand, on-chain data is also generating noteworthy signals. On March 18th, approximately $2.2 billion worth of USDT flowed into Binance. This was the largest single-day stablecoin inflow since November 2025. This increase in liquidity could act as a buffer to limit potential declines. However, some analysts believe this rise is largely due to speculative positioning and may not signify a sustained increase in demand.</p><p class="text-left mb-4 ">Increased positions in the futures market also raise the risk of volatility. Weakening whale activity and fluctuating ETF flows raise questions about the sustainability of the current rally.</p>

18 Mar 2026
SEC and CFTC Take Historic Step: XRP and 15 Altcoins Recognized as "Commodities"

SEC and CFTC Take Historic Step: XRP and 15 Altcoins Recognized as "Commodities"

<p class="text-left mb-4 ">A significant milestone has been reached in the long-awaited regulatory clarity for the cryptocurrency market in the US. The Securities and Exchange Commission (SEC), in coordination with the Commodity Futures Commission (CFTC), <a href="https://www.sec.gov/files/rules/interp/2026/33-11412.pdf" target="_blank" rel="noreferrer" class="text-primary underline">published </a>68 pages of interpretive guidance categorizing crypto assets into five distinct categories. Within this framework, XRP was explicitly listed as an example of a “digital commodity”; the same list also included Aptos (APT), Avalanche (AVAX), Bitcoin (BTC), Bitcoin Cash (BCH), Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Ethereum (ETH), Hedera (HBAR), Litecoin (LTC), Polkadot (DOT), Shiba Inu (SHIB), Solana (SOL), Stellar (XLM), and Tezos (XTZ).</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/ekran-g-r-nt-s-2026-03-18-163510-71f44382.webp" alt="Ekran görüntüsü 2026-03-18 163510.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 ">According to the SEC, digital commodities are not considered securities in themselves, but certain forms of presentation and sale may fall under the scope of investment contracts. The new guidance classifies crypto assets as digital commodities, digital collectibles, digital instruments, stablecoins, and digital securities. In the SEC text, digital commodities are defined as assets whose value derives not from the managerial effort of a team, but from the programmatic operation of a functional crypto system and the dynamics of supply and demand. The agency emphasizes that tokens in this category do not possess classic securities characteristics such as passive income, corporate profit, income rights, or ownership over a business. The inclusion of XRP under this heading is seen as one of the most significant developments in recent years regarding the asset's legal status in the US. </p><p class="text-left mb-4 ">The guidance is noteworthy not only for mentioning XRP. The SEC states that it hasn't completely abandoned the Howey test, which has been central to crypto debates for years, but that the new interpretation clarifies how this test applies to crypto assets. In other words, instead of discarding the old approach, the agency is trying to make the framework more readable. According to Reuters, SEC Chairman Paul Atkins also presented this change as a step toward providing the clarity that has been lacking for years, saying that more enforceable rules should be introduced to the market. This change is particularly significant for XRP. Because the token has long been at the center of regulatory debates in the US, and the question of whether it is a security has created significant uncertainty for both exchanges and institutional players. </p><p class="text-left mb-4 ">The fact that the SEC's latest guidance includes <a href="https://jrkripto.com/tr/coin/xrp" target="_blank" rel="noreferrer" class="text-primary underline">XRP</a> among examples of digital commodities indicates that, at least in the institution's current interpretation, XRP is not considered a security in itself. The practical result of this could be a stronger legal basis for exchange listings, institutional use cases, and payment-focused integrations. However, it is too early to say that all risks have been completely eliminated, as the guidance explicitly states that certain transactions may be considered investment contracts depending on the context. </p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">Other topics in the crypto space were also included in the guidance</h2><p class="text-left mb-4 ">On the other hand, the document is not limited to classification alone. The SEC and CFTC are also trying to clarify how federal securities laws will be applied to mining, staking, airdrops, and some token wrapping transactions. The guidelines state that under certain conditions, protocol staking activities do not constitute the issuance or sale of securities.</p>

18 Mar 2026
US PPI Data Surprises: How Did Bitcoin React?

US PPI Data Surprises: How Did Bitcoin React?

<p class="text-left mb-4 ">February Producer Price Index (PPI) data from the US signaled a stronger-than-expected inflation trend, increasing volatility in risky assets. The higher-than-expected figures, in particular, triggered short-term selling pressure in both traditional markets and the cryptocurrency sector. According to the data, the US PPI rose 0.7% month-on-month in February. This significantly exceeded the market expectation of 0.3% and indicated an acceleration compared to the previous month's 0.5% increase. On an annual basis, the PPI rose to 3.4%, surpassing the 2.9% expectation. This picture reveals that the increase in production costs remains strong and inflationary pressures have not completely disappeared.</p><p class="text-left mb-4 ">A similar picture was observed in the core PPI. The monthly core data rose 0.5%, exceeding the expectation of 0.3%, while the annual rate reached 3.9%, surpassing market forecasts. The upward trend in previous data indicates that cost-driven inflation remains resilient in the US economy. The Producer Price Index (PPI) is an inflation indicator that measures price changes in goods and services during the production phase; that is, it shows what happens on the cost side before products reach the consumer. This data is seen as a leading signal for future consumer inflation (CPI) because as production costs increase, this increase is often reflected in final prices. Therefore, a PPI above expectations increases concerns that inflation may be persistent and may lead central banks to postpone interest rate cuts. From a market perspective, high PPI data generally puts pressure on risky assets because it strengthens expectations of tighter monetary policy, which can lead to sell-offs in assets such as stocks and cryptocurrencies.</p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">How did the markets react?</h2><p class="text-left mb-4 ">Markets, which followed a calmer course before the data release, saw sharp price movements after the announcement. Gold fell by 2.3% after the data, dropping below the $4,900 level to around $4,891. This movement is attributed to strong inflation data raising interest rate expectations and increasing demand for the dollar. A similar reaction was observed in the cryptocurrency market. <a href="https://jrkripto.com/tr/coin/btc" target="_blank" rel="noreferrer" class="text-primary underline">Bitcoin</a>, in particular, exhibited a more sideways trend before the data release, but experienced a sharp downward break after the PPI exceeded expectations. As seen in the chart below, the price quickly retreated and selling pressure intensified.</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/btcusdt-2026-03-18-15-49-28-10d7bf5d.webp" alt="BTCUSDT_2026-03-18_15-49-28.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 ">This short-term reaction from Bitcoin indicates that investors are repricing their expectations regarding interest rate policies. Higher-than-expected inflation data strengthens the view that the US Federal Reserve (Fed) may postpone its easing measures. This situation can trigger sell-offs in risky assets, causing short-term investors to reduce their positions.</p>

18 Mar 2026
Binance Pulls the Plug on 8 Altcoins: Delisting Decision

Binance Pulls the Plug on 8 Altcoins: Delisting Decision

<p class="text-left mb-4 ">Binance, one of the largest cryptocurrency exchanges, has taken a significant step in its listing policies. In its latest announcement, the company stated it will delist eight different altcoins. According to the decision, Arena-Z (A2Z), Ampleforth Governance Token (FORTH), Hooked Protocol (HOOK), IDEX (IDEX), Loopring (LRC), Neutron (NTRN), Radiant Capital (RDNT), and Solar (SXP) will be completely removed from the Binance spot market as of April 1, 2026. Binance emphasizes that such decisions are based on comprehensive review processes conducted regularly. Every asset listed on the platform is examined based on numerous criteria, including the commitment of the project team, the quality of development activities, trading volume, and liquidity. Network security, community communication, level of transparency, and compliance with regulatory developments also play a decisive role in the evaluation process. Projects that fail to meet these criteria or are deemed to pose a risk face delisting. According to the announcement, all spot trading pairs for the relevant tokens will be removed as of April 1, 2026, at 06:00 UTC. Open orders will be automatically cancelled after this time. Users are advised to close trading bots, copy trading, and other automated trading tools in advance to avoid potential losses. </p><p class="text-left mb-4 ">Binance also states that copy trading will end on March 25th, after which open positions can be closed at market price. The delisting process affects not only the spot market but also many other products on the platform. On Binance Futures, contracts for the relevant tokens will be closed on March 24th with automatic settlement. Similarly, Simple Earn, Dual Investment, Binance Pool, Loan, and Margin trading will be phased out gradually on the specified dates. It is emphasized that users should close their positions in advance or transfer their assets to spot accounts, especially in margin trading. Significant changes also apply to user accounts. The delisted assets will no longer be displayed in accounts, and new investments in these tokens will not be reflected in accounts starting April 2nd. Withdrawal transactions will continue until June 1st, 2026. After this date, if technically possible, the conversion of assets to stablecoins may be considered; however, Binance specifically states that this is not guaranteed. On the other hand, support for these tokens in services such as Binance Convert, Pay, Gift Card, and Buy & Sell will gradually end. This situation may significantly narrow the use cases of these altcoins within the ecosystem. </p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">How did prices react?</h2><p class="text-left mb-4 ">Market data shows that a weak price structure already prevailed in these altcoins before the delisting decision. Projects such as Hooked Protocol, Ampleforth Governance Token, and Radiant Capital are notable for their long-standing downward trend, with double-digit losses in the last 24 hours. Similarly, Solar and Loopring have seen both short-term pullbacks of over 10% and significant monthly value losses. IDEX and Neutron are among the assets that have experienced the sharpest declines; in some periods, losses exceeding 20% ​​have been recorded. Looking at the overall picture, it can be seen that most of these tokens have been on a downward trend since 2024, and the delisting decision acted as a catalyst, accelerating the already weakening market structure. You can see the price changes of <a href="https://jrkripto.com/tr/coin/hook" target="_blank" rel="noreferrer" class="text-primary underline">HOOK</a>, FORTH, and RDNT as examples below:</p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/hookusdt-2026-03-18-12-56-11-b7a47654.webp" alt="HOOKUSDT_2026-03-18_12-56-11.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/forthusdt-2026-03-18-12-56-16-85780f14.webp" alt="FORTHUSDT_2026-03-18_12-56-16.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p><p class="text-left mb-4 "> <figure class="my-6"> <img src="https://minio-api-1.jrkripto.com/blog/rdntusdt-2026-03-18-12-56-20-c3439ab3.webp" alt="RDNTUSDT_2026-03-18_12-56-20.png" width="auto" height="auto" class="w-full rounded-lg border" /> </figure> </p>

18 Mar 2026
Crypto Platform Handling $1B Shuts Down Operations

Crypto Platform Handling $1B Shuts Down Operations

<p class="text-left mb-4 ">Tally, a provider of governance infrastructure in the crypto ecosystem, has decided to cease operations after more than five years. CEO Dennison Bertram announced the closure via a statement on the social media platform X, stating that the platform would gradually cease operations starting at the end of this month.</p><p class="text-left mb-4 ">Tally was particularly known for its governance tools developed for decentralized finance (DeFi) projects and DAOs. The platform played a significant role in the <a href="https://jrkripto.com/tr/coin/eth" target="_blank" rel="noreferrer" class="text-primary underline">Ethereum</a> ecosystem by offering interfaces and voting systems that facilitated user participation in protocol decisions. According to the statement, Tally reached over 1 million users during its operation and was preferred by hundreds of organizations.</p><p class="text-left mb-4 ">A total of over $1 billion in payment flows occurred through the company's infrastructure. Furthermore, leading Ethereum-based projects such as Uniswap and Arbitrum also utilized Tally's solutions in their governance processes. This demonstrated the platform's influence and reliability within the sector. </p><h2 class="text-left text-foreground text-3xl font-bold mb-3 mt-1">What's behind the decision?</h2><p class="text-left mb-4 ">The decision to close Tally stems from challenges related to its business model. CEO Bertram stated that the company had previously planned an ICO (Initial Coin Offering) but abandoned the process. According to Bertram, current market conditions and uncertainties regarding the sustainability of promises to investors were decisive factors in this decision. Bertram explained, “After completing almost the entire process, we concluded that it didn’t make sense under current market conditions. More importantly, we weren’t confident enough about our ability to fulfill the promises we would make to token holders.” This approach sheds light on the token economy and sustainability issues that have been frequently discussed in recent years. The company’s vision was based on Ethereum’s so-called “infinite garden” approach. This vision envisions an ecosystem where different protocols and communities grow together, requiring advanced coordination and governance tools. However, according to Bertram, this future has not yet materialized on the expected scale, or at least it is still in its early stages for such initiatives. The CEO summarized the issue more clearly with these words: “For decentralized protocols, there is no sustainable business model supported by venture capital in governance tools, at least for now.” This assessment is seen as an important signal not only for Tally but also for other projects operating in the same field. As part of the closure process, the Tally team is working on transition plans with existing institutional clients. It was stated that the platform interface will remain active for a while longer until these transitions are completed. This aims to prevent any sudden interruption in the governance processes of the projects. In his farewell message, Bertram thanked his team and the communities they worked with, emphasizing Tally's role in the crypto ecosystem. He summarized the company's journey with the words, "We may not be part of the future of crypto, but we were part of its story."</p>

18 Mar 2026
Pullback Ahead of FED Decision: Bitcoin Under Pressure
Pullback Ahead of FED Decision: Bitcoin Under Pressureabout 4 hours ago
SEC and CFTC Take Historic Step: XRP and 15 Altcoins Recognized as "Commodities"
SEC and CFTC Take Historic Step: XRP and 15 Altcoins Recognized as "Commodities"about 5 hours ago
US PPI Data Surprises: How Did Bitcoin React?
US PPI Data Surprises: How Did Bitcoin React?about 6 hours ago
Binance Pulls the Plug on 8 Altcoins: Delisting Decision
Binance Pulls the Plug on 8 Altcoins: Delisting Decisionabout 9 hours ago
Crypto Platform Handling $1B Shuts Down Operations
Crypto Platform Handling $1B Shuts Down Operationsabout 10 hours ago
Pullback Ahead of FED Decision: Bitcoin Under Pressure
Pullback Ahead of FED Decision: Bitcoin Under Pressureabout 4 hours ago
SEC and CFTC Take Historic Step: XRP and 15 Altcoins Recognized as "Commodities"
SEC and CFTC Take Historic Step: XRP and 15 Altcoins Recognized as "Commodities"about 5 hours ago
US PPI Data Surprises: How Did Bitcoin React?
US PPI Data Surprises: How Did Bitcoin React?about 6 hours ago
Binance Pulls the Plug on 8 Altcoins: Delisting Decision
Binance Pulls the Plug on 8 Altcoins: Delisting Decisionabout 9 hours ago
Crypto Platform Handling $1B Shuts Down Operations
Crypto Platform Handling $1B Shuts Down Operationsabout 10 hours ago

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Cryptocurrency CalendarMarch 18, 2026
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