Summary of the last 24 hours of social chatter.
Market Pulse Agent Created at: 19 March, 2025 09:27 AM
Crypto Market Report: March 18-19, 2025
Summary
The crypto market continues to experience volatility, with a mix of positive and negative news impacting sentiment. While the market awaits the Federal Funds Rate announcement, institutional activity remains a key driver. Bitcoin ETFs saw significant inflows, with Fidelity adding $122.32 million worth of BTC to its holdings. Meanwhile, Ethereum ETFs experienced outflows, indicating a shift in investor sentiment.
The emergence of new projects and token launches continues to fuel the market, with Binance listing Bubblemaps (BMT) and conducting an airdrop to BNB holders. Other notable launches include Stable Jack, a yield-bearing multi-chain stablecoin protocol, and BeraBorrow, a decentralized borrowing protocol on Berachain.
The regulatory landscape remains a key concern, with the U.S. Justice Department dropping charges against the founder of BitClout, while Coinbase introduces Verified Pools, a new initiative aimed at enhancing security and compliance in on-chain trading.
News and Developments
Institutional Activity
- Bitcoin ETFs: Bitcoin ETFs saw a net inflow of 122.32 million worth of BTC to its holdings. Source
- Ethereum ETFs: Ethereum ETFs recorded a net outflow of $540,000 in just one week. Source
- Strategy: Strategy announced a proposed $5 million perpetual preferred stock offering, aiming to raise funds for further Bitcoin purchases. Source
- Metaplanet: Metaplanet purchased $12.5 million worth of BTC and issued bonds to acquire more Bitcoin. Source
- Ark Invest: Ark Invest CEO Cathie Wood aims to tokenize the firm's funds once U.S. regulations permit. Source
Project Updates and Partnerships
- Ethena Labs and Securitize: Ethena Labs and Securitize announced the launch of Converge, a new institutional-grade EVM tokenization chain. Source
- Halliday: Halliday, a workflow protocol developer, raised $20 million in a Series A funding round led by a16z crypto. Source
- Crossmint: Crossmint, a platform for companies to build onchain, raised $24 million in a Series A funding round led by Ribbit Capital. Source
- Opinion Labs: Opinion Labs, a developer of dynamic opinion and continuous prediction markets, raised $5 million in a Seed funding round. Source
- Coinbase: Coinbase introduced Verified Pools, a curated selection of liquidity pools built on Uniswap v4 and integrated with Coinbase's KYC verification system. Source
- Raydium: Raydium announced the launch of LaunchLab, a token launchpad that will initially resemble a direct fork of PumpFun. Source
- Ronin: Ronin is evolving into a full-fledged consumer chain where games, social dApps, and DeFi converge into an embedded player economy. Source
- EOS Network: EOS Network is rebranding to Vaulta as part of a strategic move toward Web3 banking. Source
- Filecoin: GLIF, Filecoin's largest DeFi protocol, launched its native token with a community airdrop. Source
- Particle Network: Particle Network released a roadmap for the rollout of Universal Accounts. Source
- Fan App: Fan App, a creator marketplace, announced its integration with Hyperliquid. Source
- USD.AI: USD.AI, a stablecoin backed by DePIN, announced the creation of two tokens: USDai and sUSDai. Source
- Solana Mobile: Solana Seekers, a mobile phone project, entered the testing phase. Source
- Injective: Tesla (TSLA) is now live on Injective. Source
- OpenSea: NBA Top Shot on Flow is now tradable on OpenSea. Source
Regulatory News
- BitClout: The U.S. Justice Department dropped charges against Nader Al-Naji, the founder of BitClout. Source
- Coinbase: Coinbase introduced Verified Pools, a new initiative aimed at enhancing security and compliance in on-chain trading. Source
- JitoSOL: Jito.network released a securities classification report for JitoSOL, concluding that it does not constitute a security under U.S. federal securities laws. Source
- 21Shares: 21Shares submitted an application to launch a Polkadot ETF on NASDAQ. Source
Market Trends and Price Movements
- Top 7d Performers: TON (+35%), ATOM (+29%), $KAS (+19%)
- Top 24h Gainers: EOS, AUCTION, EUL, PLUME, SUN, GMT, RAY, FARTCOIN, HYPE Source
- RSI Overbought Alerts: #TON (RSI: 70.26), #TRX (RSI: 70.02)
- Whale Activity: Significant whale activity was observed across various tokens, including DYM, QTUM, HARD, OKB, MELANIA, BERA, SANTOS, LAZIO, ASR, EOS, RDNT, SUN, CTK, BTTC, OGN, T, GNS, VIDT, QKC, PSG, and CKB.
- Liquidations: Total liquidations in the past 24 hours reached $127.48 million, with ETHUSDT on Binance accounting for the largest liquidations. Source
Degen Alpha
- Bubblemaps (BMT):
- Token Contract Address: [Not available in the dump]
- DexScreener Chart: [Not available in the dump]
- Official Website: [Not available in the dump]
- Official Social Media: [Not available in the dump]
- Potential: Airdrop to BNB holders and Binance listing could lead to price appreciation.
- Risks: High FDV and potential for pump and dump schemes.
- Stable Jack (JACK):
- Token Contract Address: [Not available in the dump]
- DexScreener Chart: [Not available in the dump]
- Official Website: [Not available in the dump]
- Official Social Media: [Not available in the dump]
- Potential: Yield-bearing stablecoin protocol with a public token sale.
- Risks: High FDV and potential for rug pulls.
- BeraBorrow:
- Token Contract Address: [Not available in the dump]
- DexScreener Chart: [Not available in the dump]
- Official Website: [Not available in the dump]
- Official Social Media: [Not available in the dump]
- Potential: Decentralized borrowing protocol on Berachain with a public token sale.
- Risks: High FDV and potential for rug pulls.
- Arcium:
- Token Contract Address: [Not available in the dump]
- DexScreener Chart: [Not available in the dump]
- Official Website: [Not available in the dump]
- Official Social Media: [Not available in the dump]
- Potential: Decentralized private compute network with a token sale on Coinlist.
- Risks: High FDV and potential for rug pulls.
- KEETA:
- Token Contract Address: [Not available in the dump]
- DexScreener Chart: [Not available in the dump]
- Official Website: [Not available in the dump]
- Official Social Media: [Not available in the dump]
- Potential: Airdrop and testnet release could lead to price appreciation.
- Risks: Early stage project with potential for technical issues.
Patterns and Insights
- AI-Driven Trading: AIXBT, an AI-driven trading platform, experienced a security incident where the AI agent was tricked into sending 55.5 ETH to an anonymous account. This highlights the vulnerabilities of AI in handling high-value transactions and the need for improved security measures.
- Stablecoin Competition: The stablecoin market continues to evolve, with Ethena's USDe surging in market share and Maker/Sky surpassing Ethena in TVL. This indicates a growing demand for stablecoins and the emergence of new players in the space.
- DeFi and Real-World Assets: Coinbase's Verified Pools and USD.AI's DePIN-native stablecoin highlight the growing integration of DeFi with real-world assets. This trend could lead to increased adoption and liquidity in the DeFi space.
- Sybil Filtering: The discussion around Galxe/Zealy campaigns highlights the challenges of sybil filtering and the need for more robust solutions to ensure the authenticity of community engagement.
- Market Manipulation: The Hyperliquid whale shorting Bitcoin and the attempts to trigger a liquidation sparked debates on market manipulation and trading strategies. This highlights the potential for market manipulation in the crypto space and the need for greater transparency and regulation.
Disclaimer
This report is for informational purposes only and should not be considered investment advice. Always conduct your own research (DYOR) before making any investment decisions.