Head of YZi Labs: Funds are flowing back from Meme to altcoins. Meme coins have no fundamentals and therefore cannot be sustained
On March 15th, YZiLabs (formerly Binance Labs) leader Ella Zhang stated in an interview with BeInCrypto that although community-driven narratives provide investors with a fairer entry point, they have lost momentum over time due to weak fundamentals. Ella Zhang said: Starting from the end of the first quarter, interest in tokens supported by venture capital began to decline, while the popularity of meme coins soared, leading to the so-called meme coin frenzy; Pump.fun and similar platforms are reshaping early-stage altcoin investments to make them more accessible, transparent, and community-driven. These platforms mainly focus on meme coins, experimental tokens, and community-driven projects, making it easier for anyone to launch and participate in new crypto assets. However, in recent months, this trend has started to reverse. Although meme coins are easy to obtain, their short-lived popularity has prompted traders to return to altcoins supported by venture capital. "According to CoinMarketCap data, this trend is now slowing down. The ratio of meme coin market value to non-meme altcoin market value has been declining, indicating that funds are gradually flowing back to non-meme coins. For any asset to have lasting/continuous value, it [needs] one or more underlying services, businesses, products, technologies, or innovations to drive price increases. Without fundamentals, value cannot be maintained." Ella Zhang said.
2025-03-15 17:04:18
10x Research: Bitcoin may enter another 8-month oscillation period, and the market lacks the momentum to "buy on dips"
Markus Thielen, research director of 10x Research, said that Bitcoin may repeat the trend of 2024, entering a long period of consolidation after hitting a historical high. He pointed out that the technical chart of Bitcoin currently shows a "high-level tight flag" pattern, which is usually considered a bullish continuation pattern, but the current structure shows some signs of weakness, indicating that the market is in an uncertain state rather than simply consolidating in a bullish manner.
2025-03-15 17:04:17
Billionaire Marc Lasry: Under the impact of Trump's policy uncertainty, the economy may not be able to escape recession
Marc Lasry, co-founder of Avenue Capital Group and billionaire, said that the uncertainty of Donald Trump's policies, especially the tariff policy, is hindering investors who want to take advantage of market opportunities.
2025-03-15 17:04:16
A payments and settlement system backed by 15 central banks is piloting an African money market that aims to allow countries to settle trade in local currencies.
On March 15th, according to News.bitcoin, the Pan-African Payment and Settlement System (PAPSS), supported by 15 central banks, is piloting a currency platform to enable countries to settle trade using their local currencies. Reuters reported that the platform, called the African Currency Market, is planned to be launched later this year. The introduction of the African Currency Platform is expected to help promote intra-African trade.
2025-03-15 17:04:14
Bitcoin surpasses Saudi Aramco to become the eighth largest asset in the world
according to CompaniesMarketcap data, as the price of Bitcoin rebounds to the $85,000 range, its market value has now risen to $1.677 trillion, a daily increase of 4.51%, surpassing Saudi Aramco ($1.675 trillion) to rise to eighth place in the global asset market value rankings.
2025-03-15 11:20:21
Bolivia's YPFB to Use Cryptocurrency for Energy Imports Amid Fuel Shortage
Bolivia's state-owned energy company YPFB is considering using cryptocurrency to pay for energy imports due to a shortage of foreign currency reserves and domestic gas production. A spokesperson for YPFB mentioned that a system has been established to use cryptocurrency for energy imports following government approval. Although the specific cryptocurrency for payments was not disclosed, stablecoins are commonly used for cross-border transactions. The fuel shortage in Bolivia has caused protests and strikes among workers, including farmers, as only a fraction of the public transport system is operational. YPFB's new purchasing system aims to support national fuel subsidies amidst the foreign currency shortage.
2025-03-15 11:20:20
Wayfinder opens early testing access to select user groups
the AI full-chain tool Wayfinder announced early access to testing for all users who pledge PRIME in the Wayfinder caching program and link their pledge wallet to the Wayfinder application account. Wayfinder will use a completely random selection method for subsequent users.
2025-03-15 11:20:19
Over the past 12 hours, over $103 million of positions were liquidated, mainly on short orders
according to data, in the past 12 hours, the total amount of liquidation in the entire network reached 103 million US dollars, of which the amount of long liquidation was approximately 28.8747 million, and the amount of short liquidation was approximately 74.0293 million.
2025-03-15 11:20:18
Berally: Suspected of being hacked, users can temporarily revoke access to dApps and Staking
Berachain ecological project Berally officially stated that it may have been hacked. Hackers successfully sold all locked tokens and depleted the liquidity pool by leaking deployment keys. The official said that the decentralized application contract is still safe and has not been affected by this attack, but it is recommended that users temporarily revoke authorization for decentralized applications and staking functions. The Berally team is currently actively investigating this incident and promises to provide more updates as soon as possible.
2025-03-15 11:20:16
CryptoQuant: Bitcoin demand has continued to weaken since December last year
the on-chain analysis platform CryptoQuant tweeted that it is witnessing the weakest period of Bitcoin demand this year. By comparing the new supply with the supply that has been idle for over a year, the current demand dynamics are understood. When this ratio is below 0, it indicates that demand has turned negative, which means the amount of Bitcoin actively acquired is decreasing. It can be seen that demand has been weakening since December and continues to decline over time. This indicates that in the ongoing political and economic uncertainty, investors are becoming more cautious and may shift towards lower-risk assets.
2025-03-15 11:20:16
Kentucky Senate unanimously passes bill protecting Bitcoin self-custody rights and digital asset mining
reported by Bitcoin Magazine, the Kentucky State Senate unanimously passed a bill to protect the right to self-custody of Bitcoin and digital asset mining by a vote of 37-0. The bill, named "AN ACT relating to blockchain digital assets" (HB 701), has now been sent to the Governor's office for final approval.
2025-03-15 11:20:15
“Hyperliquid 50x Whale” opens 40x BTC short position, with a position value of $160 million
according to on-chain data analyst Yu Jin's monitoring, the "Hyperliquid 50x Whale" closed both spot and contract long positions in LINK that were opened yesterday, resulting in a loss of $1.27 million four hours ago.
2025-03-15 11:20:13
About 5 hours ago, Chainlink unlocked 19 million LINKs in the quarter, and about 262 million US dollars flowed into the market
according to on-chain analyst Ember (@EmberCN), Chainlink completed its quarterly routine token unlock, with a total of 19 million LINK (approximately $2.62 billion) transferred from two non-circulating supply addresses. Of these, 14.875 million LINK (approximately $2.05 billion) were directly transferred to Binance exchange, while another 4.125 million LINK (approximately $57.04 million) were transferred to the multi-signature address 0xD50...8Af.
2025-03-15 11:20:12
4E: Trump threatens to impose high tariffs on EU alcohol, US stocks and Bitcoin fall, gold hits a new high
On March 14th, news came that Trump threatened to impose a 200% tariff on EU alcoholic products, and firmly stated that there would be no "compromise" on Canadian tariffs, insisting on implementing the tariff plan on April 2nd, causing market turmoil. According to 4E monitoring, US stocks collectively plummeted on Thursday, with the S&P 500 index falling by 1.39% and the Dow falling by 1.30% for the fourth consecutive day, with the tech giants dragging down the Nasdaq by 1.96%.
2025-03-14 12:04:13
50x leveraged whales made $16.39 million in profit on Hyperliquid in the past month
according to Lookonchain monitoring, the 50x leverage whale made a profit of $16.39 million in the past month on Hyperliquid. 6 hours ago, he once again went long on ETH and HYPE on Hyperliquid, making a profit of $1.18 million. In the past month, this whale has made a total of 8 trades on Hyperliquid using 2 wallets, all of which have been profitable, with a total profit of $16.39 million.
2025-03-14 12:04:12
An ETH whale allegedly sold 2,400 ETH (US$4.47 million) 3 hours ago, with a floating loss of US$2.005 million
according to on-chain analyst @ai_9684xtpa monitoring, ETH whale 0x59A...D472B suspected of selling 2400 ETH (4.47 million USD) a few hours ago, with a potential loss of 2.05 million USD if sold, this portion of $ETH was accumulated during the price decline trend in February and March this year, with a cost of $2697 USD, and the current recharge price is 1862 USD, resulting in a decrease in position by nearly 31%.
2025-03-14 12:04:10
A whale transferred 16,467 ETH to HTX after holding it for 4.25 years, with an estimated profit of $13.1 million
according to Spot On Chain monitoring, a whale transferred 16,467 ETH to HTX 8 hours ago, worth about $30.33 million. The funds have been held for as long as 4.25 years.
2025-03-14 12:04:08
The ETF Store President: BlackRock is expected to apply for Solana and XRP ETFs
Nate Geraci, President of The ETF Store, predicted on social media that BlackRock will apply for Solana and XRP ETFs. The application for Solana ETF may be submitted at any time, while the XRP ETF may be launched after the end of the lawsuit by the U.S. Securities and Exchange Commission (SEC). Geraci further explained the basis of his prediction: "BlackRock is currently leading in the asset size of Bitcoin and Ethereum ETFs. I don't think they will allow competitors to launch ETFs on two of the top five non-stablecoin crypto assets without any resistance. BlackRock will also apply for a crypto index ETF."
2025-03-14 12:04:04
pump.fun app adds chat feature
pump.fun tweeted that its mobile application has added a chat function. Users can send private messages, create group chats, and seamlessly share specific token information.
2025-03-14 12:04:02
Santiment reports: On-chain and social activity indicators of multiple altcoins have seen significant growth, with Dogecoin address activity growing the fastest
Santiment analysis report shows that despite the overall poor performance of the crypto market, some altcoins are showing significant growth in on-chain and social activities. The report pointed out that during the period when the price of Bitcoin fluctuated between $78,000 and $84,000, large-cap tokens such as XRP, BNB, Tron, and Stellar were quietly gaining momentum, with significant growth in on-chain and social activity indicators for multiple projects. Specific data is as follows:
2025-03-14 11:04:06