News & Insights

BTC could see an upside by mid-March

BTC could see an upside by mid-March

Market overview

Bitcoin continues to exhibit high volatility, while Ethereum saw an uptick in real demand following the Bybit hack, briefly rallying to $2,800. Since November 19, 2024, BTC has oscillated between $90,000 and $110,000, maintaining a three-month consolidation within this range. The 140-day moving average (MA140) for BTC has climbed to $90,540, increasing by approximately $250 per day. At this rate, BTC is projected to converge with MA140 in about 21 days, suggesting a heightened probability of a breakout before mid-March.

A decline below MA140 could indicate further weakness, potentially leading to new local lows before a rebound attempt. Conversely, if BTC sustains levels above MA140, the prolonged consolidation phase increases the likelihood of an upward breakout.

The altcoin market saw a modest recovery, with notable activity in MKR, PI, and BAN. However, broader market conditions remain weak, with altcoins struggling to sustain a widespread rally.

BTC’s market dominance has risen to 61.33%, while the total cryptocurrency market capitalization (TOTAL) has declined to $865 billion.

II. Mainstream projects and trending events

  • According to Aggr News, Solana-based token launchpad pump.fun is testing AMM liquidity pools internally, aiming to replace Raydium as a third-party provider to charge more fees on Solana or implement a mechanism to reward token holders.
  • Donald Trump Jr., the eldest son of Donald Trump, will deliver a speech at DeFi World 2025 on February 26.
  • This week, tokens SUI, OP, and ZETA will see significant unlock, with a total value of $152.7 million expected to be released.
  • Famous rapper Kanye West has denied the screenshot posted by Bark, which allegedly showed control over his account, and has announced that he will launch his official token YZY this week, with 70% reserved for himself, stating that all existing tokens are fake.
  • AI developed by xAI, Grok, has launched its early voice testing on the Grok App, while Elon Musk has changed his X profile picture and background to Grok-themed images.
  • According to on-chain investigator ZachXBT, North Korea's Lazarus Group, the primary suspect behind the $1.4 billion Bybit hack, may also be linked to recent Solana memecoin scams, including rug pulls on the Pump.fun platform. In response, Pump.fun's front has removed Lazarus-related memecoins.
  • BNB Chain has announced that the winning project of Meme Liquidity Plan Day 3 is SIREN, with a transaction volume of $13.16 million.
  • Cryptocurrency exchange Figure Markets has launched YLDS, its first yield-bearing stablecoin on the Solana blockchain.
  • BNB ecosystem platform Four.MEME has announced that the TST token burning has been completed.
  • According to Onchain Lens monitoring, stablecoin issuer Circle has minted 8 billion USDC on the Solana blockchain in 2025.
  • GameFi project BinaryX has changed its name to Four and all BNX holders can exchange BNX tokens for Four tokens at a 1:1 ratio.
  • Memecoin issuance platform Flaunch has tweeted that its AI agent, Flaunchy, is now live on the decentralized social protocol Farcaster, enabling users to create and issue meme tokens for free.
  • L1 intellectual property blockchain Story has released its roadmap, and it is planning to launch an IP portal in Q2.

Mainstream exchange news

  • WOO X has launched the KAITO/USDT perpetual contract with up to 10x leverage.
  • BNB Chain's launch platform, Burve has announced the BURVE tokenomics, allocating 85% to the community.
  • Bybit CEO Ben Zhou stated that Bybit was hacked on February 21, resulting in over 350,000 withdrawal requests, and in response, the exchange has launched a bounty recovery plan, offering 10% of recovered funds as rewards to ethical hackers and security experts who assist in recovering the stolen cryptocurrencies.
  • Bitget has launched Bitget SOL (BGSOL) spot trading and introduced Memhash (MEMHASH) in pre-market trading.
  • Binance Alpha has launched the B3, FLUID, VVV, TOKEN, CPOOL, and DRIFT tokens.

Funding news

  • Chinese circuit design company Nano Labs has raised $5.9 million in a private funding round and has increased its BTC holdings to 400.
  • Communications protocol WalletConnect has raised a total of $10 million from four public and private token sales.
  • AI native entertainment application chain  Infinity Ground has completed a $2 million seed round, which was participated in by Animoca Brands.

Regulatory news

  • According to Cointelegraph, US Montana's House of Representatives has voted against a proposed bill that sought to make Bitcoin a state reserve asset.
  • According to The Block, Hong Kong's regulatory authorities may introduce collateral services for crypto exchange-traded funds and other advanced products. 
  • According to Hong Kong media Ming Pao, Hong Kong's Deputy Financial Secretary Huang Weilun has stated that the Hong Kong government will further improve the regulation and framework for virtual assets, and continue to promote the broader application of tokenization technology in the capital market.
  • According to PANews, members of the Hong Kong Legislative Council's Subcommittee on Web3 and Virtual Asset Development, including Chairman Ng Kit Chuang and members Ma Fung Kwok and Kan Wai Man, have attended the Consensus Conference, an international event on cryptocurrency, blockchain, and Web3 technologies held in Hong Kong, aiming to develop the cryptocurrency economy and expand business opportunities.
  • US SEC has concluded its investigation into the NFT marketplace OpenSea, which began in August 2024, and accused the company of operating as an unregistered securities broker.

RAY: Swap module launched by Pump.fun

On February 24, Pump.fun introduced a swap module, sparking speculation that Pump.fun is entering the swap sector. This led to a sharp decline in RAY, one of the leading DEX tokens on Solana. Other affected tokens include COW and THE.

SKI: Popular meme icon

Ski Mask Dog is an IP character featuring a masked dog, frequently appearing on short video platforms and widely shared across the internet. SKI is built on the Base ecosystem, with an on-chain liquidity of $2.3 million and a market cap of $75 million.

OBT: Strong recent performance

Orbiter Finance is a cross-chain protocol based on ZK technology, offering fast, secure, and instant transfers. The token TGE occurred on January 20, with a total supply of 10 billion. The initial airdrop accounted for 22%, and an additional 3% of tokens are released monthly to eligible users.  The current market cap of OBT is $34.36 million.

FORT: Crypto firewall

Forta Firewall utilizes advanced AI detection models, integrating with protocols and aggregators, claiming to prevent over 99% of hacker attacks. Coinbase Ventures, a16z, and Blockchain Capital are among Forta's partners. With the recent surge in crypto hacks, including Bybit and Infini, crypto security companies have become a major focus in the market.

On-chain daily

ANGLERFISH

ANGLERFISH is a memecoin on Solana, themed around an anglerfish. The community is highly active, with users creating various fan-made adaptations.

GOGLZ

GOGLZ is a memecoin on Sonic, visually represented by goggles. The project's main narrative revolves around Daniele's endorsements, and the native SpookySwap DEX has also promoted it.

EGGS

EGGS is a DeFi project on Sonic, allowing users to mint EGGS tokens by depositing Sonic's native token, S. Users can also borrow S tokens, using EGGS as collateral, with a loan-to-value (LTV) ratio of up to 99%. The protocol includes a burn mechanism to ensure that the S backing each EGGS can only increase, making EGGS appreciate relative to S over time.

x33

x33 is an LST (Liquid Staking Token) on Sonic, serving as the liquid staking version of xShadow, the staking token for the decentralized exchange Shadow. It allows users to participate in staking without locking their assets, while still receiving protocol revenue shares like xShadow holders.

FA

FA is a gaming project on Sonic, featuring a 2D RPG where players act as adventurers, cooperate with trainers, summon, train, and evolve spirit beasts, and engage in PvE and co-op modes. The game runs on a player-driven economy, enabling users to trade in-game items on decentralized marketplaces, with FA tokens serving as the ecosystem's native token. In the future, part of the dApp's revenue will be used to buy back FA tokens.

METRO

METRO is a DEX on Sonic, utilizing a DLMM (Dynamic Liquidity Market Maker) model that divides price ranges to eliminate slippage issues commonly seen in AMM models, enabling zero-slippage trading. Users can stake $METRO to earn real protocol revenue, paid out in USDC.

AI agent market overview

  • Number of listed tokens:  95 
  • Overall market cap change: The total market cap is $3.87 billion, with a daily increase of +1.2%.
  • Overall trading volume change: 24-hour trading volume is $145 million, with a daily decrease of -41%.

Top 3 tokens by 24-hour holder growth

COOKIE

Cookie.fun is a data analytics platform focused on AI agents, showcasing top-growing AI agents in the crypto market based on mindshare, smart following, engagement, and blockchain data. It provides advanced X (Twitter) and multi-chain analytics tools for both human and AI investors. In Q1, it will launch v1.0, featuring market, blockchain, and social data analysis categorized by industries (AI, agents, DeFi, memes, etc.) and offering monetizable custom dashboards.

AIXBT

AIXBT is an AI memecoin on Base, issued by Virtuals Protocol, designed as an AI cryptocurrency investment advisor. It claims to have trained data from over 400 KOLs, and by tagging "aixbt" on X, users can ask questions about the token and receive AI-generated responses.

VIRTUAL

VIRTUAL is an AI agent intelligence network built on Base, designed to create AI-powered characters for various virtual worlds (e.g., games, metaverses, and online spaces). These AI characters can respond via text, voice, and actions, while the network decentralizes, creates, and monetizes incentives for every virtual interaction.

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

Top 3 tokens by AI Agent Mindshare

AIXBT

AIXBT is an AI memecoin on Base, issued by Virtuals Protocol. It functions as an AI cryptocurrency investment advisor, claiming to have trained data from over 400 KOLs. By simply entering the coin's tag "aixbt" on Twitter, users can ask questions about the token and receive AI-generated responses.

  • Mindshare Share: 7.09%
  • Three-Day Mindshare Change: +16.06%
  • Current Price: $0.218
  • Market Cap: $218M
  • 24-Hour Change: +3.5%

BNKR

BNKR is an AI Agent token on Base that enables users to buy, sell, swap, set limit orders, and manage wallets using natural language. It can be accessed via X, Farcaster, or the Bankr private terminal.

  • Mindshare Share: 6.16%
  • Three-Day Mindshare Change: +71.8%
  • Current Price: $0.000366
  • Market Cap: $36.6M
  • 24-Hour Change: +15.8%

FARTCOIN

FARTCOIN is an AI memecoin on Solana, considered the beta version of GOAT due to its origins in Truth Terminal, which was initially designed to tell fart jokes, making it a purer form of a memecoin.

  • Mindshare Share: 5.31%
  • Three-Day Mindshare Change: -4.04%
  • Current Price: $0.328
  • Market Cap: $328M
  • 24-Hour Change: -6.21%

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

Bitcoin ecosystem overview

BTC Mainnet Gas Fee Update

  • The current BTC transaction fee is 10 satoshis/byte.
  • Gas fee performance remains weak.

Fractal Bitcoin Gas Fee Update

  • The transaction fee is 1 satoshi/byte.
  • Gas fee performance remains low.

Inscriptions, Runes, and Fractal Bitcoin Leading Token Tracking

ORDI

  • Current Price: $12.67
  • 24-Hour Change: -6.0%
  • Market Cap: $258.74M

DOG

  • Current Price: $0.0026
  • 24-Hour Change: -4.64%
  • Market Cap: $271.27M

FB

  • Current Price: $1.19
  • 24-Hour Change: +1.5%
  • Market Cap: $15.83M

MASK: Elon Musk concept inscription, not yet fully minted.

  • Market Cap: $2.87M
  • 24-Hour Trading Volume: $1.07M
  • 24-Hour Change: +160.39%
  • Number of Holders: 9,952

DOGEFB: Dogecoin concept Bitcoin fractal inscription.

  • Market Cap: $98.74K
  • 24-Hour Trading Volume: $24.54K
  • 24-Hour Change: +1.55%
  • Number of Holders: 10,171,444

UNCOMMON-GOODS: The first rune hardcoded by Ordinals protocol founder Casey Rodarmor, also known as the "Genesis Rune".

  • Market Cap: $4.4M
  • 24-Hour Trading Volume: $4.11K
  • 24-Hour Change: +1.45%
  • Number of Holders: 259,997

Performances of today's top three tracks

PayFi: Overall Daily Sector Change: +0.39%

LTC: LTC is a P2P digital currency used for online payments.

  • Current Price: $127.8
  • Daily Increase: +1.09%
  • Market Cap: $533.31M
  • 24-Hour Trading Volume: $9.66B

BCH: BCH is a cryptocurrency fork of Bitcoin, created in 2017 by a group of Bitcoin users.

  • Current Price: $324.4
  • Daily Increase: +0.81%
  • Market Cap: $6.43B
  • 24-Hour Trading Volume: $153.07M

XRP: XRP is a global cross-border payment network developed by Ripple Labs, based on distributed ledger technology.

  • Current Price: $2.5623
  • Daily Increase: +0.36%
  • Market Cap: $148.33B
  • 24-Hour Trading Volume: $2.03B

SocialFi: Overall Daily Sector Change: +0.32%

UXLINK: UXLINK is a Web3 social system that allows users to build social assets and trade cryptocurrencies.

  • Current Price: $0.6867
  • Daily Increase: +2.54%
  • Market Cap: $232.24M
  • 24-Hour Trading Volume: $622.26M
  • Recent Updates: Second round of UXLINK airdrop launching soon.

TON: TON is a decentralized L1 blockchain designed by Telegram.

  • Current Price: $3.773
  • Daily Increase: +0.77%
  • Market Cap: $9.41B
  • 24-Hour Trading Volume: $103.46M

CHEEL: CHEEL is a short video platform with a Watch-to-Earn mechanism.

  • Current Price: $8.038
  • Daily Change: -0.51%
  • Market Cap: $456.49M
  • 24-Hour Trading Volume: $5.18M
  • Recent Updates: Launched personalized strategy consulting services.

DePIN: Overall Daily Sector Change: -1.32%

ELA: ELA is an open-source data and oracle platform, providing tools for developers to deploy dApps.

  • Current Price: $2.137
  • Daily Increase: +31.75%
  • Market Cap: $48.07B
  • 24-Hour Trading Volume: $2.89M
  • Recent Updates: Upcoming staking event: Stake ELA to earn BTC.

GLM: GLM is a decentralized computing network that allows anyone to share and aggregate computational resources.

  • Current Price: $0.3504
  • Daily Increase: +17.74%
  • Market Cap: $350.4M
  • 24-Hour Trading Volume: $550.72M

BZZ: BZZ is a decentralized storage and communication platform, built on a peer-to-peer network.

  • Current Price: $0.412
  • Daily Increase: +15.67%
  • Market Cap: $26.02M
  • 24-Hour Trading Volume: $2.35M

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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