Bears Return
The bears have launched a fatal onslaught, causing Bitcoin's price to plummet from the $69k level to as low as the $64k level. Currently at $66k level with a small gain. The entire market has been impacted by this. My personal net asset value has dropped by more than 27% from its prior high. Instead of being terrified, the crypto world should now see this as an opportunity to buy the dip.
OTHER NEWS
Crypto Crime
Roman Sterlingov is guilty
Roman Sterlingov, founder of Bitcoin mixing service Bitcoin Fog, has been indicted by a federal jury in a Washington, DC, court on four counts of money laundering. Cryptocriminal Larry Harmon and hacker Ilya Lichtenstein also testified against Sterlingov.
Altcoins & Blockchain
Solana is Bullish
Bitcoin price fell below $70k after setting many new ATHs, while Ethereum is unable to maintain the $4k level. At this time, Solana $SOL bulls are doing extremely well, and crypto analysts are bullish on the SOL chain.
ETF
Tim Buckley of Vanguard says No to BTC
Tim Buckley, the outgoing CEO of the Vanguard Group, is not going to offer Bitcoin ETFs. Even through the Bitcoin and ETF firms are thriving, Buckley has asserted that Bitcoin does not fit in a long-term portfolio and is not a store of value.
CDK
Polygon CDK
Polygon Chain Development Kit (CDK) roundup with Askar Network, and PundiXLabs is planned on 19th March, this will make Web3 more accessible to Web2 companies.
L2 Upgrade
STRAX going L2 zkSync
StratisEVM is launching next week (19–20 March 2024). Some exchanges, like Binance, KuCoin, Upbit, Cryptocom, GateIo, and Bitvavo, have announced their support for the StratisEVM token swap, while others have yet to make a decision.
Bullish Mode
BOME surprise
Everyone was shocked by Solana's new Memecoin Book of Memes (BOME), which featured bullfighting. $BOME is up since Binance added it, and it was listed on multiple exchanges yesterday, including KuCoin GateIo, Bitget, and MEXC. $BOME has quickly gained popularity, rising over 80% since yesterday, despite the bear onslaught on the cryptocurrency industry.
