Meme Coin Punch Surges Over 400% in a Single Day, Top Wallet Address Sees Over 46x Unrealized Gains
February 15th – GMGN market data (via https://gmgn.ai/sol/token/i_m4TE56o8_NV2RYH954cTJ3ckFUpvfqaQXU4ARqqDH3562nFSpump) shows Solana ecosystem meme coin Punch surged over 4x in a single day. It currently holds a market cap of $14.75 million, with 24-hour trading volume exceeding $16.1 million.
Data further indicates the token’s top holder invested nearly $1,000 when the price was around $18,180, and now has an unrealized gain of $455,000 – a return of over 46x.
Public info notes Punch is inspired by a viral monkey from Japan’s Ichikawa City Zoo. Moonshot has already listed the token tonight.
BlockBeats reminds users that meme coin trading is extremely volatile, heavily reliant on market sentiment and hype, and lacks tangible value or use cases. Investors should be mindful of the associated risks.
2 hours ago
View: Bitcoin has entered the undervalued range, Bitcoin will face several months of sideways movement
On February 15, CryptoQuant analyst Darkfost noted that based on Bitcoin’s 4-year Simple Moving Average (SMA) indicator, BTC has re-entered the green zone—signaling undervaluation—and is approaching its 4-year moving average, currently around $57,500.
Historically, this level typically marks the final stage of each bear market, with BTC prices tending to trade around it for several months.
2 hours ago
Fugle Bank is currently hiring a Digital Asset Services Director
February 15 — The Block’s Director of Projects Frank Chaparro reported that Wells Fargo posted a job opening for a Digital Asset Services Lead four days ago.
Key responsibilities for the role include developing a three-to-five-year strategy covering tokenized deposits, on-chain collateral, intraday liquidity, and 24/7 programmable payments — with full integration into wire transfers, ACH, RTP, FedNow, and SWIFT.
Separately, J.P. Morgan and Morgan Stanley have recently hired senior leaders in the cryptocurrency space.
2 hours ago
A whale has transferred 1536 ETH held for almost 4 years to Kraken, potentially making a $1.95 million profit
As of February 15, per Onchain Lens monitoring data, a whale has transferred 1,536 ETH—held for nearly four years—to Kraken, netting an estimated $1.95 million in profit.
2 hours ago
Fed Speak: U.S. Economy May Have Achieved Soft Landing, But No One Is Eager to Declare Victory
**February 15th, in his "Fed Watcher" column, Nick Timiraos noted that key U.S. economic indicators are aligning positively: inflation is easing, the labor market remains strong, and growth is steady. This isn’t a final call, but it’s the closest the U.S. economy has ever come to a soft landing—restraining inflation without triggering a recession. Four years ago, most economists dismissed this as impossible; today, the scenario of inflation falling back to the Fed’s 2% target without a recession is plausible again.**
**Yet while the economy doesn’t need an oxygen mask, it’s still too soon to unbuckle the seatbelt. The Fed’s preferred inflation gauge—year-over-year core PCE—is currently near 3%. Many forecasters expect inflation to make little headway this year as tariff-related price hikes spread to more sectors. Meanwhile, the labor market may not be as strong as last week’s report suggested. Payden&Rygel Chief Economist Jeffrey Cleveland notes objectively that the labor market has
2 hours ago
BlackRock's Head of Digital Assets: Cryptocurrency Derivatives Leverage Proliferation, Bitcoin Volatility Intensification
On February 15, at the Bitcoin Investor Conference, Robert Mitchnick—head of digital assets at BlackRock—said rampant leverage speculation on crypto derivative platforms is amplifying market volatility and could harm Bitcoin’s long-term standing as a stable institutional hedge.
Mitchnick noted Bitcoin’s fundamentals as a “global, scarce, decentralized monetary asset” remain strong, but its short-term trading behavior is increasingly resembling a “leveraged Nasdaq”—a perception that will significantly raise the bar for conservative institutional investors to allocate to the asset. He also pushed back against the idea that a spot ETF would worsen market volatility.
(CoinDesk)
2 hours ago
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