Weekly Deal Updates - February 17, 2025
Deal Meeting Date
Feb 17, 2025
Sponsor
Pond AI
ISO Week
53
Number of Deals
3
gm! Welcome to the weekly Fight Club newsletter, a one-stop shop for top crypto news and curated new deals.
Subscribe to our monthly newsletter for a deeper dive into a trending topic in Web3 and project spotlight. This monthʻs topic is the ZK-TLS.
FC does not provide investment advice. DYOR before investing.
In this newsletter:
- 💰New Deals💰
- 📰 Top News 📰
- 📈 Market Data 📉
🗞️ Sponsor 🗞️
Contact us if you would like to sponsor this newsletter.
🧠 🤖 Pond AI 🤖 🧠
Pond is a crypto-native AI model using graph deep learning trained with on-chain data to predict on-chain behaviors and streamline the development of AI-powered crypto-native applications in DeFi, social, trading, MEV, and security sectors.
The technical team brings extensive research and engineering experience from world-leading graph ML and AI companies, with over 40 publications in prestigious AI journals and conferences, including IEEE, Nature, Harvard Business Review, ICML, NeurIPS, CVPR, and PNAS. 🚀
💰 New Deals 💰
Want to learn more about a project? If we get the votes on a deal we set up an AMA. Look for the 🚀 in the forum post and place your vote.
New to Fight Club Discord? Head to #start-here to begin the onboarding process. Select the 🧐Prospective Investor role in #role-select to reveal the deal forum.
- Splyce Finance $500k Angel
Splyce is a permissionless investment protocol. It offers dETFs and hybrid Staked SOL & RWA products, delivering high yield with low volatility and full DeFi composability.
- Wagmi Hub $900k at $5mm Private SAFT
Wagmi Hub is a multi-chain infrastructure that is focused on post-launch memecoin growth support through community building and growth, simple trading tools, and gamified activities.
- Fuse Node Sale
Fuse aims to build the Stripe of L2s and offers a fully customizable suite of financial and payment solutions for businesses and users in Web3. It uses its zkEVM to power business payments.
📰 Top Crypto News 📰
Here's the latest scoop from the blockchain, crypto, and Web3 world. 🚀🌐
- 📈 Bitcoin market in 'lethargic condition' not seen since before US election, says K33 - Bitcoin remains in a low-volatility regime, with risk-averse traders driving down yields, volumes, and futures premiums, though K33 Research warns such conditions rarely last long.
- 📉Bitcoin leads first major weekly crypto ETP outflows of 2025 at $430M - Bitcoin ETPs saw the largest outflows last week, as BTC is highly sensitive to interest rate expectations, CoinShares’ James Butterfill said.
- 🏦 US Senate confirms pro-crypto Howard Lutnick as Secretary of Commerce - Trump’s crypto-friendly pick Howard Lutnick was confirmed by the Senate as new Secretary of Commerce. Lutnick has been leading financial services firm Cantor Fitzgerald, which has been a custodian for Tether.
- 🪙Standard Chartered, Animoca Brands, HKT to launch HKD stablecoin - The trio plans to launch a Hong Kong dollar-backed stablecoin and apply for a license under Hong Kong’s upcoming stablecoin bill.
- 🏫 Polkadot to launch first blockchain course for policymakers, UK MPs - Polkadot Blockchain Academy will host a Web3 education course for policymakers in Switzerland, with UK lawmakers attending to gain insights into crypto regulation and blockchain adoption.
- 💳 Fireblocks exec says Elon Musk’s X Money expected to be crypto-ready by 'end of this year' - Although there was no mention of crypto, last month, Elon Musk’s X Money partnered with Visa to enable transfers between digital wallets and bank accounts, in addition to peer-to-peer payments.
- 🎮 Web3 gaming activity surges 386% — Wen bull run? Web3 Gamer - Web3 gaming activity is surging even as the industry debates its future, plus the 'AI-washing' of game firms.
- 💰 Blockaid closes $50 million Series B to expand its machine learning security offerings - Onchain security platform Blockaid has raised $50 million in a Series B led by Ribbit Capital. The company provides security solutions for some of the largest crypto firms and projects, including Coinbase and MetaMask.
- 📰 Sleuth says new evidence links Jack Dorsey to Bitcoin like never before - Seán Murray claims Bitcoin’s first transaction was made on Jack Dorsey’s mother’s birthday while Satoshi mined their last block on Dorsey’s father’s birthday.
- 🚔 Norway indicts four over alleged $80M crypto scheme - Authorities in Norway allege that the creators of a crypto scheme laundered $62 million through the accounts of a local law firm.
📈 Market Data 📉
DEX Weekly Transaction Volume by Chain
Top Cryptocurrencies
| Token | February 11, 2025 | February 18, 2025 | % Change |
| BTC | $95,740 | $95,496 | -0.3% |
| ETH | $2,603.03 | $2,669.49 | 2.6% |
| BNB | $643.37 | $647.73 | 0.7% |
| SOL | $197.93 | $169.11 | -14.6% |
| XRP | $2.42 | $2.56 | 5.8% |
Source: CoinGecko Closing Prices.
Significant Gainers and Losers
Criteria: 1) Volume (24h) > US$50,000; 2) Have gained or lost the most in the last 7 days.
- Active Gainers:
| Token | Price | % Price Change(7d) | Volume (24hr) |
| PancakeSwap (CAKE) | $2.56 | 32.99% | $194,585,379 |
| Sonic (S) | $0.63 | 32.32% | $189,109,896 |
| MANTRA (OM) | $7.61 | 28.88% | $333,167,545 |
- Active Losers:
| Token | Price | % Price Change (7d) | Volume (24hr) |
| Virtuals Protocol (VIRTUAL) | $0.97 | -25.54% | $136,607,694 |
| Bitget Token (BGB) | $4.87 | -22.53% | $384,045,374 |
| Raydium (RAY) | $4.11 | -21.48% | $131,304,687 |
Source: CoinMarketCap as of February 18, 2025
Market Sentiment and Indicators
- Crypto Fear and Greed Index: The index started at 47 (Neutral) and rose within the Neutral Zone early in the week, peaking at 54 midweek before falling back to 47 (Neutral) by the week's end. The index is recalculated daily to reflect the market's emotional state, which can influence trading behaviors.
Source: Crypto Fear and Greed Index
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