News & Insights

BTC could face extended consolidation

BTC could face extended consolidation

Hot projects + Market overview

I. Mainstream exchange news

  • Binance has announced the launch of its seventh Binance HODLer airdrop project, Berachain (BERA).
  • Bitget Seed has announced the ninth batch of projects, SSE, and listed Launchpool project Analog (ANLOG), allowing users to lock BTC and ETH to participate in a reward pool of 23,333,431 ANLOG tokens.
  • Bybit has listed the Berachain (BERA) token for spot trading.

II. Mainstream projects and trending events

  • Eric Trump, son of Donald Trump, has expressed his optimism about Ethereum, saying "In my view, now is a good time to increase holdings of Ethereum." 
  • According to Whale Alert monitoring, the USDC Treasury has issued an additional 50 million USDC on the Ethereum chain.
  • According to DeFiLlama, Phantom Wallet's in-app exchange fees exceeded $29 million in January, setting a new monthly revenue record.
  • US Senator Ant Thornton has submitted the "Strategic Bitcoin Reserve Act" to the New Mexico Senate, proposing to invest 5% of public funds in Bitcoin.
  • Berachain Foundation has announced the launch of the Berachain airdrop query portal and revealed the tokenomics of its native token, BERA. 
  • The New York Stock Exchange (NYSE) has asked the authorities to convert the Grayscale Litecoin Trust into a spot Litecoin Exchange-Traded Fund (ETF).
  • NFT project Pudgy Penguins has destroyed 12.16 billion unclaimed PENGU airdrops, worth around $150 million.
  • Solana-based NFT platform Magic Eden has added support for the Berachain network.
  • Business intelligence and analytics software firm MicroStrategy has rebranded to Strategy.
  • Governance foundation for the decentralized artificial intelligence (AI) ecosystem, 0G has unveiled an $88 million fund for creating AI applications.
  • Consumer-grade public chain Morph has launched Morph Pay, supporting multi-currency payments and crypto asset deposit services.
  • MicroStrategy Founder Michael Saylor tweeted about a "â‚żig Strategy Day" following MicroStrategy’s Bitcoin buying pause, possibly hinting at Bitcoin-related strategic updates.
  • AI-driven Telegram game Catton AI has announced a tiered schedule for CATTON snapshot and airdrop distribution time.
  • JPMorgan has stated in a research report that Bitcoin network hash rate growth slowed in January, with mining difficulty down by 2%.
  • Decentralized finance platform Ondo Finance has launched Ondo Global Markets, providing global investors access to US securities on-chain.
  • DeFi protocol Pendle has released its 2025 development plan "Zenith", expanding to TradFi and non-EVM ecosystems.
  • Real-time blockchain MegaETH has launched the NFT series The Fluffle, priced at 1 ETH.

III. Funding news

  • Rho Labs has completed a $4 million seed funding round led by CoinFund.
  • AI agent platform Olas has completed a $13.8 million funding round led by 1kx.
  • Reservoir has completed a $14 million Series A funding round led by Union Square Ventures.
  • Paxos has acquired Finnish electronic money institution Membrane, becoming a fully licensed Electronic Money Institution (EMI) in Finland and the European Union. 
  • Berachain ecosystem project Henlo has completed a $3 million seed funding, participated in by Framework Ventures.
  • LayerZero has announced its first strategic investment round in full-stack L1 RWA chain Plume Network through the lzCatalyst program. 

IV. Regulatory news

  • Hong Kong Legislative Council member Johnny Ng Kit-chong has stated that Hong Kong should expedite research on the feasibility of Bitcoin as a strategic reserve.

V. Popular projects

Market overview

Bitcoin has been hovering around $97,000, with crucial support at the daily moving average (MA140) of $86,249.

Breaking below $86,249 could signal a weak trend, potentially leading to a prolonged consolidation period similar to the one from June to October 2024, or even a bear market.

Bitcoin's market dominance stands at 61.25%, showing a gradual downward trend. The TOTAL3 index, which tracks altcoin performance, remains at $880 billion, reflecting continued poor performance among altcoins.

ASF: New product launch

DeFi protocol Asymmetry Finance announced its new product, stablecoin USA.d, which will be launched on February 18.

Backed by Liquity v2, USA.d supports six types of collateral, starting with wBTC. This allows users to set their own interest rates.

ASF has a market cap of $21.34 million.

ALPHA: Meme with increasing heat

Alpha is developing a privacy exchange named AlphaSwap and plans to airdrop ASWAP tokens to ALPHA holders.

Currently, Alpha has 59,700 token holders, with significant news scheduled for release tomorrow.

Alpha's current market cap is $62.15 million.

BEAR: Recent meme movement

TEDDY BEAR has gained increasing recognition in the crypto community from Richard Heart's livestreams.

This token, built on Pulsechain and created by Richard Heart, features a renounced contract and locked liquidity.

BEAR has a market cap of $41.93 million.

B3TR: Popular DAO

VeBetterDAO is a marketplace for sustainable assets and actions that enables individuals, NGOs, and companies to tokenize their sustainability efforts.

It incentivizes sustainable actions through its utility token B3TR, encouraging users to engage with environmental dApps, earn tokens, and participate in governance to drive positive change.

Built on VeChain, B3TR currently has a market cap of $33.69 million.

OBT: Recently launched token

Orbiter Finance is a cross-chain protocol based on ZK technology that offers fast, secure, and instant transfers. It held its Token Generation Event on January 20, with a total supply of 10 billion tokens.

Initially, 22% of the tokens were airdropped, with an additional 3% released monthly to eligible users. The market cap of OBT is $39.34 million.

On-chain daily

1. BUTTCOIN

BUTTCOIN is a memecoin on Solana, inspired by a 2013 Bitcoin parody created by James D. McMurry. He also produced a YouTube video promoting the Buttcoin meme at that time.

2. PKIN

PKIN is the native token of the Pumpkin platform, a competitor to Pump.Fun. The platform enables developers to earn from trades while incentivizing holders through staking rewards, fostering community growth.

3. GYAT

GYAT is a memecoin on Solana, created by social media influencer Frankie Lapenna, known for his comedic content. He has over 8.7 million followers on TikTok.

4. FLORK

FLORK is an AI Agent token on Solana, inspired by the popular webcomic of the same name. The token includes features such as market sentiment analysis, token tracking, and liquidity yield optimization.

5. AWR

AWR is a memecoin on Solana designed as a long-term retirement investment, with a goal of helping people retire comfortably by 2030. The community pledges to hold until 2030 or surpass traditional retirement funds.

6. CHEX

CHEX is a multi-chain token available on EOS, ETH, BSC, and Solana, aiming to integrate Real-World Assets (RWA) while offering upcoming staking features.

AI agent market overview

  • Number of listed tokens:  93 
  • Overall market cap change: The total market cap is $5.42 billion, with a daily decrease of -13%.
  • Overall trading volume change: 24-hour trading volume is $432 million, with a daily decrease of -32%.

Top 3 tokens by community engagement and market cap (Last 24 hours)

1. AIRENE: AIRENE is an AI Agent token on Base created by Virtuals Protocol, modeled after the X KOL @Irenezhao_.

2. GOD: GOD is an AI Agent memecoin on Solana, designed to simulate a "god-like" Agent capable of autonomously posting on X.

3. XENO: XENO is an AI Agent on Solana that functions as a proxy data fine-tuning framework, making AI Agents behave more human-like and providing cheap, efficient, and high-performance proxy services.

Data sourced from https://www.cookie.fun

Top 3 tokens by 24-hour holder growth

1. AIXBT: AIXBT is an AI memecoin on Base issued by Virtuals Protocol, designed as an AI cryptocurrency investment advisor. It claims to be trained on data from over 400 KOLs and can answer questions about the coin when the tag "aixbt" is used on Twitter.

2. LUNA: LUNA is an AI memecoin on Base and the first AI agent robot created by Virtuals Protocol. Its persona is a virtual electronic girl (Vtuber) who can livestream and receive tipping donations.

3. ALCH: ALCH is a no-code development platform that allows users to create applications by simply inputting plain text requirements. Users can also sell their creations on the platform's website.

*Data sourced from https://www.sentient.market/

Bitcoin ecosystem overview

BTC Mainnet Gas Fee Update:

  • The current BTC transaction fee is 2 satoshis/byte.
  • Gas Fee performance remains weak.

Fractal Bitcoin Gas Fee Update:

  • The transaction fee is 2 satoshis/byte.
  • Gas Fee performance remains weak.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

  • Current price: $12.35
  • 24-hour change: -2.90%
  • Market cap: $259.35 million

DOG:

  • Current price: $0.0029
  • 24-hour change: -8.63%
  • Market cap: $293.34 million

FB:

  • Current price: $1.30
  • 24-hour change: -6.29%
  • Market cap: $15.62 million

Today's Popular Projects:

𝛑: The leading project in symbol inscriptions.

  • Market cap: $147.3 million
  • 24-hour trading volume: $1.01 million
  • 24-hour change: -9.87%
  • Number of holders: 98,383

cutedoge: A fractal Bitcoin inscription based on the cute dog concept. There is also a series of similar concept inscriptions emerging.

  • Market cap: $1.86 million
  • 24-hour trading volume: $27.38K
  • 24-hour change: +73.29%
  • Number of holders: 1,929

PUPS•WORLD•PEACE: A Bitcoin puppet character, derived from O.P.I.U.M.

  • Market cap: $36.53 million
  • 24-hour trading volume: $22.39K
  • 24-hour change: -6.91%
  • Number of holders: 13,097

Performances of today's top three tracks

CeFi: Overall Sector Daily Change: +1.04%

1. GT: GateChain is a new-generation public blockchain platform committed to enhancing the security of digital assets and enabling decentralized trading. It is launched by the cryptocurrency exchange Gate.io.

  • Current Price: $21.45
  • Daily Increase: +4.08%
  • Market Cap: $2.7B
  • 24-Hour Trading Volume: $17.1M
  • Recent Updates: None

2. MNT: Mantle is a high-performance Ethereum layer 2 network built with a modular architecture, offering low fees and high security.

  • Current Price: $1.1436
  • Daily Increase: +1.55%
  • Market Cap: $3.85B
  • 24-Hour Trading Volume: $150.99M
  • Recent Updates: None

3. TKO: Tokocrypto is one of the largest cryptocurrency exchanges in Indonesia, with Binance as its parent company.

  • Current Price: $0.3238
  • Daily Increase: +1.66%
  • Market Cap: $24.29M
  • 24-Hour Trading Volume: $2.3M
  • Recent Updates: None

SocialFi: Overall Sector Daily Change: +0.55%

1. PUSH: Push Protocol is a decentralized notification protocol that allows any smart contract, Dapp, or traditional server to send notifications related to user wallet addresses in a platform-agnostic manner.

  • Current Price: $0.069
  • Daily Increase: +2.07%
  • Market Cap: $6.23M
  • 24-Hour Trading Volume: $1.47M
  • Recent Updates: Push Protocol plans to launch Layer 1 blockchain Push Chain - on December 12, 2024.

2. SNT: Status is a secure messaging app, crypto wallet, and Web3 browser. It enables users to chat, trade, and access the world of DApps on a decentralized network.

  • Current Price: $0.03163
  • Daily Increase: +1.48%
  • Market Cap: $125.27M
  • 24-Hour Trading Volume: $8.14M

3. CEEK: CEEK connects music artists, athletes, and other digital content creators directly with fans in the virtual world. The CEEK token can verify artists' real-time payment status on the blockchain, ensuring that music artists and content creators can profit quickly, efficiently, and seamlessly.

  • Current Price: $0.02388
  • Daily Increase: +1.40%
  • Market Cap: $22.57M
  • 24-Hour Trading Volume: $1.65M

Meme: Overall Sector Daily Change: +0.44%

1. BODEN: A memecoin based on the Biden concept.

  • Current Price: $0.0044
  • Daily Increase: +29.41%
  • Market Cap: $3.04M
  • 24-Hour Trading Volume: $1.51M

2. LUCE: Luce is a memecoin named after the official mascot of the Vatican's Holy Year 2025. The mascot is inspired by the Church's desire to "live in the popular culture."

  • Current Price: $0.01449
  • Daily Increase: +25.56%
  • Market Cap: $14.49M
  • 24-Hour Trading Volume: $7.4M

3. SEKOlA: Sekoia by Virtuals is an on-chain venture capital agent that replaces human biases and network limitations with transparent, data-driven decisions.

  • Current Price: $0.01325
  • Daily Increase: +26.02%
  • Market Cap: $13.25M
  • 24-Hour Trading Volume: $1.13M

Disclaimer

The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available during writing and may be subject to change.

Please note that this article includes references to third-party websites and data provided solely for convenience and informational purposes. We do not endorse or assume any responsibility for the content, accuracy, or reliability of any information, products, or services offered by third parties.

Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

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