"And suddenly you know: It's time to start something new and trust the magic of beginnings."
-Meister Eckhart
BOTTOM LINE UP FRONT (BLUF)
As the Crypto Market goes higher and higher, remember what goes up must come down and at some point it will have a pull back so store up the dry powder and do not FOMO! As the top Israeli bank decides to accept Bitcoin and Ethereum, more will follow. The future will be bank allowing you to buy, sell, and custody digital assets right within their own apps. Russia is looking to accept Bitcoin for oil but Mayalysia says, we are not making it legal tender.
With the good comes the bad, as Justice depart takes down two NFT scammers and former party organizer indicted for laundering $2.7M in Bitcoin and Cash. Happy Friday peeps!
BREAKING
- Crypto Can Bring Healthy Innovation to Payment Systems: Janet Yellen (UToday | Cryptoglobe | Coindesk | CryptoPotato)
- Court Dismisses Craig Wright’s Case Against Bitcoin Developers (EWN)
- Thailand’s Gulf Energy Announces Subsidiary for Overseas Crypto Exposure (be[IN]crypto)
- Crypto.com to Run Ad During Oscars in Support of Ukraine (Blockworks)
JUST IN
- History That We Can Trust (Coindesk)
- Study suggests financial advisors are still hesitant to recommend crypto to clients (Finbold)
- Is a Change to ‘Exchange’ Definition Key to Bitcoin ETF Approval? (Blockworks)
- $5 Billion Bitcoin Ethereum Options Expire (Trustnodes)
- Bitcoin Bonds: El Salvador President Clarifies ‘Short Delay,’ Rails Against FUD (be[IN]crypto | Cointelegraph)
- Did rapper YG just flex a $30M BTC stack in his new music video? (Cointelegraph)
- LG Electronics adds blockchain and crypto as new areas of business (Cointelegraph)
- Marc Andreessen may step down from Meta board due to crypto empire: Reports (Cointelegraph)
- David Beckham Tapped by DigitalBits Blockchain to Be Global Ambassador (Coindesk | UToday)
- Vanuatu Prime Minister says yes to Satoshi Island crypto project (Cointelegraph)
MARKET WATCH
- First Mover Americas: Risk Assets Resilient to Faster Rate Hikes, 1994 Cycle Suggests (Coindesk)
BITCOIN
- Bitcoin Faces Initial Resistance at $46K; Support at $42K (Coindesk)
- John Bollinger Calls $45,000 Level "Key Pivot" for Bitcoin (UToday)
- Beware the Bitfinex whale: New $45K BTC sell wall appears amid worries Bitcoin could retrace (Cointelegraph)
- Bitcoin Crosses $45,000 (Trustnodes)
- Shitcoins are ‘garbage’: Bitcoin-only brokers on freedom and finance (Cointelegraph)
- TA: Bitcoin Gains Momentum, Indicators Point Strong Move To $45K (NewsBTC)
- Number of addresses holding Bitcoin has crossed 40 million for the first time ever (Finbold | UToday)
- What are the BTC price levels to watch as Bitcoin nears March peak? (Cointelegraph)
- America’s first Bitcoin ETF hits a record high trading volume after 2 weeks of strong inflows (Finbold | Cointelegraph)
ALTCOINS
- Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’ (Cointelegraph)
- Traders Move $1.4 Billion Ethereum from Exchanges (UToday)
- Explained: What ‘The Merge’ in Ethereum’s shift to Proof-of-Stake consensus really means (Finbold)
- 126.5 Million XRP Sent to Ripple's ODL Bitso and Some Major Exchanges (UToday)
- Cardano ($ADA) Network Reaches New Milestone as Its Total Value Locked on DeFi Keeps Growing (Cryptoglobe)
- Terra's LFG Among Largest New Bitcoin (BTC) Holders: IntoTheBlock (UToday)
- Polygon (MATIC) Teases Two Massive Product Releases Shortly, Here Is What It Suggests (UToday)
- Ethereum Classic (ETC) Breaks Out From Long-Term Downtrend – Biggest Weekly Gainers (be[IN]crypto)
- ‘Play-to-Earn’ Gaming Token Behind Axie Infinity Jumps 13% (Decrypt | UToday)
- ApeCoin Becomes The Most Traded Token Among Ethereum Whales (CryptoPotato | The Daily Hodl)
- 263 Billion Shiba Inu Burned Since October: $SHIB Burn Rate to Keep Rising Thanks to New Feature (Cryptoglobe | UToday | Finbold | Finbold)
- Coinbase Triggers 140% Price Explosion After Listing Small-Cap Altcoin Project Running on Ethereum: $CRPT (The Daily Hodl)
ANALYST'S CORNER
- Michaël van de Poppe: Crypto Analysts Point to Key Levels Solana ($SOL) Must Surpass to Maintain Bullish Trend (Cryptoglobe)
- Peter Brandt: Trader Who Correctly Called Historic Bitcoin Crash Updates Outlook on Top Cryptocurrency (The Daily Hodl)
WILL TETHER MIGRATE TO THE BITCOIN BLOCKCHAIN WITH ADVANCES IN THE LIGHTNING NETWORK?
ACCEPTANCE/ADOPTION
- Top Israeli bank to accept BTC and ETH trading through Paxos' collaboration (Cointelegraph | CryptoPotato | Coindesk | be[IN]crypto | Finbold)
- Malaysia Strikes Down Rumors Surrounding Crypto Adoption (be[IN]crypto)
- Russian Lawmaker Suggests Nation Could Accept Bitcoin for Oil Payments (Coindesk | The Block | Bitcoinist | ZyCrypto | Bitcoin Magazine (Video) | Cointelegraph)
ACQUISITIONS/PARTNERSHIPS
- WonderFi Announces Closing of Bitbuy Acquisition, Overcoming Regulatory Hurdles (Blockworks)
CBDCs
- Jamaica’s central bank digital currency and the problems it hopes to solve (Cointelegraph)
PEOPLE ON THE MOVE
- Latest in Crypto Hiring: Jefferies Execs Leave to Create Startup (Blockworks)
REGULATION/LEGISLATIONS
- Senators Lummis and Gillibrand to Introduce Digital Assets Bill (be[IN]crypto | The Block | Cointelegraph)
- DeFi Eliminates Gatekeeping But Also ‘Investor Protection’: IOSCO (Decrypt)
- India’s Stiff Crypto Tax Legislation Becomes Law (Coindesk | UToday | EWN | Cointelegraph | Coindesk)
- EU's MiCA Bill Moves Forward Without Bitcoin Limiting Provision (Coindesk | Coindesk | Cointelegraph | Coindesk)
- Korean crypto exchanges are now in compliance with the Travel Rule (Cointelegraph)
DEFI/CEFI
- Anchor Protocol Will Readjust Interest Rates Each Month, ANC Falls by 5% (Coindesk)
- The Panda DeFi Pre-Sale Launches March 25, Bamboo Tokens Await Early Birds (Bitcoinist)
EXCHANGES
- Cardano-Based Minswap DEX Exits Maintenance Mode After Patching Critical Vulnerability (be[IN]crypto)
WEB3
- Ukraine Launches ‘NFT Museum’ to Raise Funds and Remember (Coindesk)
- NFTs Are Dead? XCOPY Sells $23 Million Worth of Digital Art (CryptoPotato | Decrypt)
- WAX NFT Sales Volume Surpasses Binance Smart Chain (BSC) By $22 Million (be[IN]crypto)
- The United States Won the Web 2.0 Tech Race – But What About Web 3.0? (The Daily Hodl)
- Web 3 Needs Africa, Not the Other Way Around (Coindesk)
- Madonna becomes the latest celeb to flaunt a new Bored Ape (The Block | Trustnodes)
- Foodverse: World’s First Food Metaverse Where NFTs Can buy Food IRL (be[IN]crypto)
- CoinSpot to Launch NFT Marketplace Within Exchange’s Own Platform (Blockworks)
- MyMetaverse Launches ‘Carbon Sink’ NFTs to Further Web3 Sustainability (Blockworks)
- Google Files Trademark for ‘Non-Fungible Planet’ (Coindesk)
- Grimes Announces ‘Children’s Metaverse Book’ as Part of $100M Avalanche Initiative (Coindesk)
- Exponential Software Requires Exponential Hardware (Coindesk)
MINING
- Exxon pilot project uses wasted flare gas for crypo mining: report (The Block | Cointelegraph | Bitcoinist | Blockworks | be[IN]crypto)
- Bitcoin Miner TeraWulf’s Stock Can Rally Almost 160%, Says Analyst (Coindesk)
- How Northern Italian Hydropower Producers Became Bitcoin Miners (Coindesk)
- Greener Bitcoin Mining Could Be China’s ‘Trillion-Dollar Present’ to the US (Coindesk)
HOW TO HEAT YOUR HOME WITH BITCOIN MINING
FOLLOW DAT MONEY
- Binance doubles down on Ultiverse with another $5 million investment (The Block)
SCAMS/HACKS/ATTACKS
- US Justice Dept. Charges 2 in NFT Money-Laundering, 'Rug Pull' Scheme (Coindesk | The Block | Decrypt | Forbes | Bitcoinist | Cointelegraph | be[IN]crypto | Blockworks)
- Former Party Organizer Indicted for Laundering $2.7M in Bitcoin and Cash (Coindesk | Bitcoinist)
- The Perils of Crypto's Pseudonymous Economy (Coindesk)
PODCAST
- Stephan Livera Podcast: SLP360 Giacomo Zucco - Can Bitcoin be both Hard Money & Dark Money?
