Author: dfmines

The memecoin frenzy on Pump.fun is hitting a wall, with the platform’s “graduation rate” sinking below 1% for a fourth straight week.“Graduation rate” is the memecoin launchpad’s term for tokens that make it through the incubation phase and become fully tradable on a Solana decentralized exchange (DEX). To graduate, a token must meet specific liquidity and trading requirements.Over the past four weeks, starting Feb. 17, Pump.fun’s graduation rate has remained below 1% for the first time, Dune Analytics data shows.Pump.fun’s tanking token success rate. Source: Dune AnalyticsPump.fun’s graduation rate has never been particularly high. The platform’s best-performing week was in November 2024 when 1.67% of memecoins moved on to the open market. However, the sheer volume of tokens launched on the platform at the time made this percentage more significant than it is now. During the week starting Nov. 11, 323,000 tokens were created on Pump.fun, meaning the 1.67% graduation rate translated to roughly 5,400 tokens entering Solana’s DeFi economy in a single week.Related: Pump.fun’s memecoin freak show may result in criminal charges: ExpertWith token creation volume declining on both Pump.fun and Solana, weekly token graduations have plummeted to a four-week average of around 1,500 tokens at the time of writing, according to Dune.Memecoins are dying, and they’re not responding to positive market signalsPump.fun’s dropping graduation rate reflects waning investor appetite for memecoins, which have developed a reputation as degenerate lottery tickets or quick cash grabs for their creators.Several political figures have launched their own memecoins as well, including US President Donald Trump. His token is down 84% from its all-time high set on Jan. 19, according to CoinGecko.Related: Argentine lawyer requests Interpol red notice for LIBRA creator: ReportMemecoins’ struggles persist despite improving liquidity, according to Matrixport. In February, Matrixport analysts noted that a strengthening US dollar had pressured Bitcoin prices by tightening dollar-denominated liquidity.Since then, the US dollar has weakened. Over the past month, the US Dollar Index (DXY), which measures the dollar against a basket of major currencies, peaked at 107.61 on Feb. 28 before dropping to 103.95 on March 14.DXY performance in the past month shows the US dollar weakening. Source: TradingView“The US dollar has recently weakened, leading to a rebound in liquidity indicators and some marginal improvements in inflation data. Despite these positive shifts, memecoins — previously one of the strongest narratives during this bull market — continue to struggle significantly, with no apparent recovery,” Matrixport said in its report.Bitcoin caught in memecoin aftershocksThe struggling memecoin market has contributed to a $1 trillion wipeout in crypto market capitalization, according to Matrixport.“This redistribution of wealth may lead investors to remain cautious about deploying further capital, causing rebounds — even those triggered by better-than-expected inflation data — to be limited,” the report noted.Matrixport analysts warn that this could lead to further Bitcoin declines, with a potential retracement to as low as $73,000 — a level they believe would provide “strong support.”Magazine: Ridiculous ‘Chinese Mint’ crypto scam, Japan dives into stablecoins: Asia Express

The memecoin frenzy on Pump.fun is hitting a wall, with the platform’s “graduation rate” sinking below 1% for a fourth straight week.“Graduation rate” is the memecoin launchpad’s term for tokens that make it through the incubation phase and become fully tradable on a Solana decentralized exchange (DEX). To graduate, a token must meet specific liquidity and trading requirements.Over the past four weeks, starting Feb. 17, Pump.fun’s graduation rate has remained below 1% for the first time, Dune Analytics data shows.Pump.fun’s tanking token success rate. Source: Dune AnalyticsPump.fun’s graduation rate has never been particularly high. The platform’s best-performing week was in November 2024 when 1.67% of memecoins moved on to the open market. However, the sheer volume of tokens launched on the platform at the time made this percentage more significant than it is now. During the week starting Nov. 11, 323,000 tokens were created on Pump.fun, meaning the 1.67% graduation rate translated to roughly 5,400 tokens entering Solana’s DeFi economy in a single week.Related: Pump.fun’s memecoin freak show may result in criminal charges: ExpertWith token creation volume declining on both Pump.fun and Solana, weekly token graduations have plummeted to a four-week average of around 1,500 tokens at the time of writing, according to Dune.Memecoins are dying, and they’re not responding to positive market signalsPump.fun’s dropping graduation rate reflects waning investor appetite for memecoins, which have developed a reputation as degenerate lottery tickets or quick cash grabs for their creators.Several political figures have launched their own memecoins as well, including US President Donald Trump. His token is down 84% from its all-time high set on Jan. 19, according to CoinGecko.Related: Argentine lawyer requests Interpol red notice for LIBRA creator: ReportMemecoins’ struggles persist despite improving liquidity, according to Matrixport. In February, Matrixport analysts noted that a strengthening US dollar had pressured Bitcoin prices by tightening dollar-denominated liquidity.Since then, the US dollar has weakened. Over the past month, the US Dollar Index (DXY), which measures the dollar against a basket of major currencies, peaked at 107.61 on Feb. 28 before dropping to 103.95 on March 14.DXY performance in the past month shows the US dollar weakening. Source: TradingView“The US dollar has recently weakened, leading to a rebound in liquidity indicators and some marginal improvements in inflation data. Despite these positive shifts, memecoins — previously one of the strongest narratives during this bull market — continue to struggle significantly, with no apparent recovery,” Matrixport said in its report.Bitcoin caught in memecoin aftershocksThe struggling memecoin market has contributed to a $1 trillion wipeout in crypto market capitalization, according to Matrixport.“This redistribution of wealth may lead investors to remain cautious about deploying further capital, causing rebounds — even those triggered by better-than-expected inflation data — to be limited,” the report noted.Matrixport analysts warn that this could lead to further Bitcoin declines, with a potential retracement to as low as $73,000 — a level they believe would provide “strong support.”Magazine: Ridiculous ‘Chinese Mint’ crypto scam, Japan dives into stablecoins: Asia Express

The memecoin frenzy on Pump.fun is hitting a wall, with the platform’s “graduation rate” sinking below 1% for a fourth straight week.“Graduation rate” is the memecoin launchpad’s term for tokens that make it through the incubation phase and become fully tradable on a Solana decentralized exchange (DEX). To graduate, a token must meet specific liquidity and trading requirements.Over the past four weeks, starting Feb. 17, Pump.fun’s graduation rate has remained below 1% for the first time, Dune Analytics data shows.Pump.fun’s tanking token success rate. Source: Dune AnalyticsPump.fun’s graduation rate has never been particularly high. The platform’s best-performing week was in November 2024 when 1.67% of memecoins moved on to the open market. However, the sheer volume of tokens launched on the platform at the time made this percentage more significant than it is now. During the week starting Nov. 11, 323,000 tokens were created on Pump.fun, meaning the 1.67% graduation rate translated to roughly 5,400 tokens entering Solana’s DeFi economy in a single week.Related: Pump.fun’s memecoin freak show may result in criminal charges: ExpertWith token creation volume declining on both Pump.fun and Solana, weekly token graduations have plummeted to a four-week average of around 1,500 tokens at the time of writing, according to Dune.Memecoins are dying, and they’re not responding to positive market signalsPump.fun’s dropping graduation rate reflects waning investor appetite for memecoins, which have developed a reputation as degenerate lottery tickets or quick cash grabs for their creators.Several political figures have launched their own memecoins as well, including US President Donald Trump. His token is down 84% from its all-time high set on Jan. 19, according to CoinGecko.Related: Argentine lawyer requests Interpol red notice for LIBRA creator: ReportMemecoins’ struggles persist despite improving liquidity, according to Matrixport. In February, Matrixport analysts noted that a strengthening US dollar had pressured Bitcoin prices by tightening dollar-denominated liquidity.Since then, the US dollar has weakened. Over the past month, the US Dollar Index (DXY), which measures the dollar against a basket of major currencies, peaked at 107.61 on Feb. 28 before dropping to 103.95 on March 14.DXY performance in the past month shows the US dollar weakening. Source: TradingView“The US dollar has recently weakened, leading to a rebound in liquidity indicators and some marginal improvements in inflation data. Despite these positive shifts, memecoins — previously one of the strongest narratives during this bull market — continue to struggle significantly, with no apparent recovery,” Matrixport said in its report.Bitcoin caught in memecoin aftershocksThe struggling memecoin market has contributed to a $1 trillion wipeout in crypto market capitalization, according to Matrixport.“This redistribution of wealth may lead investors to remain cautious about deploying further capital, causing rebounds — even those triggered by better-than-expected inflation data — to be limited,” the report noted.Matrixport analysts warn that this could lead to further Bitcoin declines, with a potential retracement to as low as $73,000 — a level they believe would provide “strong support.”Magazine: Ridiculous ‘Chinese Mint’ crypto scam, Japan dives into stablecoins: Asia Express

The best crypto copy trading platforms to use in 2025 are Binance, MEXC, Bybit, PrimeXBT, eToro, OKX, and Coinbase. These exchanges and brokers allow traders, especially beginners, to learn and earn profits by copying the trades of experienced traders. Different crypto copy trading platforms offer different features and trading products, so to decide on the…
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Bitcoin ETFs saw a net outflow of $143 million on Thursday, March 13, resuming their downward trend, while ether ETFs continued their decline with a $74 million outflow, marking seven consecutive days of losses. More Outflows as Crypto ETFs Face Continued Withdrawals After a brief respite, bitcoin exchange-traded funds (ETFs) resumed their outflow trend, with […]

In an X post published yesterday, crypto analyst Matthew Hyland highlighted that according to the weekly timeframe chart, Bitcoin (BTC) is likely to test the support level between $69,000 to $74,000 in the coming months.  Is The Bitcoin Bottom In? Hyland noted that BTC’s weekly resistance level currently hovers around the $90,500 level. The analyst emphasized that if BTC has a weekly close above $89,000, then it may indicate that the market bottom is in. He added: If we do get a weekly close above this area ($89,000 to $91,000), I think the low is in for Bitcoin, and we are not going down to this area. To recall, BTC last traded above $89,000 earlier this month on March 9. From there, the cryptocurrency experienced a breakdown to lower price levels, primarily due to rising macroeconomic uncertainties due to US President Donald Trump’s trade tariffs on numerous countries. Related Reading: Bitcoin Slips Under 200-Day Moving Average – Will The Downtrend Continue? According to data from cryptocurrency exchange Binance, after failing to defend the $89,000 level, BTC ended up falling as low as $76,606 on March 10. Since then, the digital asset has made slight recovery, buoyed by lower than anticipated US CPI inflation data and is currently trading in the low $80,000 level. BTC Faces Strong Resistance At $86,100 Similarly, in a recent Quicktake post on CryptoQuant, analyst Yonsei_dent highlighted the significance of short-term holder (STH) Realized Price in determining the digital asset’s future price trajectory. Related Reading: Bitcoin Uptrend Soon? Dollar Index Breakdown Sparks Optimism Among BTC Bulls For the uninitiated, Bitcoin’s Realized Price refers to the average acquisition cost of investors while STH refers to holders who have held BTC for less than six months. These investors are typically more sensitive to market movements. The analyst remarked that the weighted average Realized Price for STHs who have held BTC for one week to six months lies around $91,800, suggesting that these investors are currently in a loss position. The three months to six months STH cohort has a Realized Price of $86,100, denoting a strong resistance level for the digital asset in the short-term. Notably, this group of holders has the highest share of Realized Cap among STHs, hinting that selling pressure could magnify around this price level. With regard to major support levels, long-term holders (LTH) with a holding time of six months to twelve months have a Realized Price of $63,700. The post adds: The highest volume profile over the past year is concentrated around $64,000. This reinforces the idea that this area could serve as a strong support level. If BTC fails to clear some of its immediate resistance levels, there is a high possibility that it may follow Arthur Hayes prediction of finding a bottom around $70,000. That said, several indicators suggest that BTC may be undervalued at its current market price. At press time, BTC trades at $81,745, up 0.7% in the past 24 hours. Featured image from Unsplash, chart from TradingView.com

In a strategic move to enhance its enterprise payment solutions, crypto payments company Moonpay has acquired Iron, a startup specializing in stablecoin infrastructure, for at least $100 million. This acquisition, announced on March 13, 2025, marks Moonpay’s second significant purchase this year, following its acquisition of Helio in January. With Iron’s API-driven technology, Moonpay aims […]

Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated.Data from onchain analytics platform CryptoQuant revealed the extent of recent capitulation by short-term holders (STHs).Bitcoin speculators run to the exit “in the red”Bitcoin (BTC) entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown, and many did not stay the course.CryptoQuant suggested that this section of the overall STH investor cohort, defined as those buying up to six months ago, is around $100 million out of pocket.“This represents a significant reduction in the value of Bitcoin held by this cohort, who are now underwater as many bought at higher prices and are exiting with losses,” contributor Onchained wrote in one of its “Quicktake” blog posts on March 13.Onchained referenced the market cap and realized cap of the relevant entities, corresponding to the current value of the BTC they own versus the price at which they last moved onchain.“The market capitalization (MC) of their holdings is now lower than the realized capitalization (RC), signaling that these holders are locking in realized losses,” the post said. “This behavior is contributing to increased selling pressure and could lead to further downward price action in the short term.”Bitcoin 1-3 month investor market cap, realized cap (screenshot). Source: CryptoQuantAn accompanying chart shows a dramatic negative weekly change in the realized cap on a scale not seen in many months.The cohort’s net unrealized profit/loss (NUPL) score is currently at -0.19, likewise suggesting more coins are being held “underwater” than at any time over the past year.Bitcoin 1-3 month investor NUPL. Source: CryptoQuantBTC price drawdown belies “broader bearish phase”February marks just the latest trial for recent Bitcoin buyers, with BTC/USD losing up to 30% versus its latest all-time highs seen in mid-January.Related: Bitcoin price drops 2% as falling inflation boosts US trade war fearsAs Cointelegraph reported, sudden corrections have tended to cost speculative investors heavily, with loss-making sales commonplace as fear and panic set in.Large-volume entities, meanwhile, are increasingly ignoring short-term BTC price fluctuations to add exposure at levels around $80,000.In its latest weekly report seen by Cointelegraph on March 12, CryptoQuant warned that the current correction may be more tenacious than it appears on the surface.“Historically, bull market corrections tend to be short-lived and followed by strong recoveries, but current on-chain indicators point to a potential structural shift that could preclude a broader bearish phase,” it summarized.Bitcoin price drawdowns by year. Source: CryptoQuantThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated.Data from onchain analytics platform CryptoQuant revealed the extent of recent capitulation by short-term holders (STHs).Bitcoin speculators run to the exit “in the red”Bitcoin (BTC) entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown, and many did not stay the course.CryptoQuant suggested that this section of the overall STH investor cohort, defined as those buying up to six months ago, is around $100 million out of pocket.“This represents a significant reduction in the value of Bitcoin held by this cohort, who are now underwater as many bought at higher prices and are exiting with losses,” contributor Onchained wrote in one of its “Quicktake” blog posts on March 13.Onchained referenced the market cap and realized cap of the relevant entities, corresponding to the current value of the BTC they own versus the price at which they last moved onchain.“The market capitalization (MC) of their holdings is now lower than the realized capitalization (RC), signaling that these holders are locking in realized losses,” the post said. “This behavior is contributing to increased selling pressure and could lead to further downward price action in the short term.”Bitcoin 1-3 month investor market cap, realized cap (screenshot). Source: CryptoQuantAn accompanying chart shows a dramatic negative weekly change in the realized cap on a scale not seen in many months.The cohort’s net unrealized profit/loss (NUPL) score is currently at -0.19, likewise suggesting more coins are being held “underwater” than at any time over the past year.Bitcoin 1-3 month investor NUPL. Source: CryptoQuantBTC price drawdown belies “broader bearish phase”February marks just the latest trial for recent Bitcoin buyers, with BTC/USD losing up to 30% versus its latest all-time highs seen in mid-January.Related: Bitcoin price drops 2% as falling inflation boosts US trade war fearsAs Cointelegraph reported, sudden corrections have tended to cost speculative investors heavily, with loss-making sales commonplace as fear and panic set in.Large-volume entities, meanwhile, are increasingly ignoring short-term BTC price fluctuations to add exposure at levels around $80,000.In its latest weekly report seen by Cointelegraph on March 12, CryptoQuant warned that the current correction may be more tenacious than it appears on the surface.“Historically, bull market corrections tend to be short-lived and followed by strong recoveries, but current on-chain indicators point to a potential structural shift that could preclude a broader bearish phase,” it summarized.Bitcoin price drawdowns by year. Source: CryptoQuantThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated.Data from onchain analytics platform CryptoQuant revealed the extent of recent capitulation by short-term holders (STHs).Bitcoin speculators run to the exit “in the red”Bitcoin (BTC) entities hodling coins between one and three months bore the brunt of a brutal bull market drawdown, and many did not stay the course.CryptoQuant suggested that this section of the overall STH investor cohort, defined as those buying up to six months ago, is around $100 million out of pocket.“This represents a significant reduction in the value of Bitcoin held by this cohort, who are now underwater as many bought at higher prices and are exiting with losses,” contributor Onchained wrote in one of its “Quicktake” blog posts on March 13.Onchained referenced the market cap and realized cap of the relevant entities, corresponding to the current value of the BTC they own versus the price at which they last moved onchain.“The market capitalization (MC) of their holdings is now lower than the realized capitalization (RC), signaling that these holders are locking in realized losses,” the post said. “This behavior is contributing to increased selling pressure and could lead to further downward price action in the short term.”Bitcoin 1-3 month investor market cap, realized cap (screenshot). Source: CryptoQuantAn accompanying chart shows a dramatic negative weekly change in the realized cap on a scale not seen in many months.The cohort’s net unrealized profit/loss (NUPL) score is currently at -0.19, likewise suggesting more coins are being held “underwater” than at any time over the past year.Bitcoin 1-3 month investor NUPL. Source: CryptoQuantBTC price drawdown belies “broader bearish phase”February marks just the latest trial for recent Bitcoin buyers, with BTC/USD losing up to 30% versus its latest all-time highs seen in mid-January.Related: Bitcoin price drops 2% as falling inflation boosts US trade war fearsAs Cointelegraph reported, sudden corrections have tended to cost speculative investors heavily, with loss-making sales commonplace as fear and panic set in.Large-volume entities, meanwhile, are increasingly ignoring short-term BTC price fluctuations to add exposure at levels around $80,000.In its latest weekly report seen by Cointelegraph on March 12, CryptoQuant warned that the current correction may be more tenacious than it appears on the surface.“Historically, bull market corrections tend to be short-lived and followed by strong recoveries, but current on-chain indicators point to a potential structural shift that could preclude a broader bearish phase,” it summarized.Bitcoin price drawdowns by year. Source: CryptoQuantThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.