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Bitcoin Hits Highs of $26,500 — Sending Prices to Highest Level in Nine Months:
The world's biggest cryptocurrency has been buoyed by easing fears surrounding Silicon Valley Bank and Signature Bank.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-hits-highs-of-dollar26500-sending-prices-to-highest-level-in-nine-months

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Is The Bottom In? Q1 2023 Crypto Market Update:
The question on everyone's mind: is the bottom in, or are we merely in a bear market rally?

👉Details: https://coinmarketcap.com/alexandria/article/is-the-bottom-in-q1-2023-crypto-market-update

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U.K. Targets Illegal Bitcoin ATMs as Clampdown Grows:
While Bitcoin ATMs aren't technically illegal in Britain, they need to be registered with the Financial Conduct Authority. Here's the problem: none of them are.

👉Details: https://coinmarketcap.com/alexandria/article/u.k.-targets-illegal-bitcoin-atms-as-clampdown-grows

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Vitalik Buterin Dumps $700,000 of Memecoins — and Hodlers Are NOT Happy:
Ethereum's co-founder sold off 500 trillion SHIK tokens he had been gifted — causing their value to plunge by a jaw-dropping 77% in just 25 minutes.

👉Details: https://coinmarketcap.com/alexandria/article/vitalik-buterin-dumps-dollar700000-of-memecoins-and-hodlers-are-not-happy

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Bitcoin Risks Losing $22,000 as Fed Warns Larger Interest Rates Could Lie Ahead:
There had been optimism that the Fed was slowing down its campaign of interest rate hikes, with policymakers opting for a 0.25 percentage point rise in their last two meetings.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-risks-losing-dollar22000-as-fed-warns-larger-interest-rates-could-lie-ahead

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FTX Sues Grayscale Investments as It Faces Off with SEC over Bitcoin Trust ETF:
As Digital Currency Group faces off with the Securities and Exchange Commission in court it is being sued by the FTX Debtors, who want Grayscale Bitcoin Trust to unlock its funds.

👉Details: https://coinmarketcap.com/alexandria/article/ftx-sues-grayscale-investments-as-it-faces-off-with-sec-over-bitcoin-trust-etf

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SBF Set to Lose Smartphone as Bail Tightened, But He Can Still Visit CMC and Netflix:
All of this comes after the judge was left frustrated by SBF's conduct while under house arrest at his parent's home in California.

👉Details: https://coinmarketcap.com/alexandria/article/sbf-set-to-lose-smartphone-as-bail-tightened-but-he-can-still-visit-cmc-and-netflix

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In Bitcoin Ordinals, Galaxy Digital Predicts a $4.5B NFT Boom:
The new method of inscribing NFTs with images, audio files and even applications to the smallest part of a Bitcoin opens up a new competitor for Ethereum.

👉Details: https://coinmarketcap.com/alexandria/article/in-bitcoin-ordinals-galaxy-digital-predicts-a-dollar4.5b-nft-boom

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Arthur Hayes is Back and Ready to 'Invest in Cool S***':
One of the earliest and most exuberantly extravagant crypto entrepreneurs, Hayes was behind the BitMEX crypto derivative trading platform until AML failures nearly put him in prison.

👉Details: https://coinmarketcap.com/alexandria/article/arthur-hayes-is-back-and-ready-to-'invest-in-cool-s***'

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#CMC Research - Asia: The Engine for #Blockchain Gaming with Xangle 🔎

2023 stands to mark a renaissance of blockchain games, given an array of lineups set to be released by Web2 companies. This will, in turn, expedite mass adoption of blockchain games.

Many game makers in Asia are developing blockchain games with different strategies and approaches powered by blockchain. They saw the potential synergy between games and blockchain technology, which gives users ownership over their data and allows them to trade it.

👉 Details: https://coinmarketcap.com/alexandria/article/asia:-the-engine-for-blockchain-gaming

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'Ambivalent and Half-Hearted': Bank of England Criticized over Approach to CBDC:
In front of MPs, Sir Jon Cunliffe refused to be drawn on the probability of a CBDC being launched. On a scale of 1 to 10, he said the likelihood was "more than 5."

👉Details: https://coinmarketcap.com/alexandria/article/'ambivalent-and-half-hearted':-bank-of-england-criticized-over-approach-to-cbdc

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Solana Still Doesn't Know Why It's Suffered Yet Another Outage:
"Solana is like a lifestyle-friendly blockchain because you can have nights and weekends off," one disgruntled Twitter user said.

👉Details: https://coinmarketcap.com/alexandria/article/solana-still-doesn't-know-why-it's-suffered-yet-another-outage

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CoinMarketCap Announcements

#cryptonews, Feb 28 brings you:

Bank of England criticized over CBDC… 😬
…but admits it lacks skills to build 'Britcoin' 🇬🇧
Coinbase: 50m Americans now own crypto 😱
Solana still doesn't know cause of outage ❌
Yuga Labs is releasing Bitcoin NFTs 🔥

Details: https://coinmarketcap.com/alexandria/article/coinmarketcap-feb-28:-think-there's-gonna-be-a-britcoin-don't-hold-your-breath

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Dapper Labs Fails to Stop Class Action Lawsuit over NBA Top Shot NFTs:
A federal judge ruled that the once-hugely-popular NFT video clips known as Moments are likely enough to be securities that a class action lawsuit can go forward.

👉Details: https://coinmarketcap.com/alexandria/article/dapper-labs-fails-to-stop-class-action-lawsuit-over-nba-top-shot-nfts

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Coinbase Was Targeted By Phishers over the Weekend — This is What Happened:
The U.S. crypto exchange described a minor but sophisticated phishing attack. A year ago, something similar led to crypto's biggest-ever hack of Web3 gaming firm Sky Mavis' Ronin bridge.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-was-targeted-by-phishers-over-the-weekend-this-is-what-happened

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Macro Brief 2023: How Will Macro Impact the Crypto Markets?
: An overview of the macro environment in 2023 and impact on crypto.

👉Details: https://coinmarketcap.com/alexandria/article/macro-brief-2023-how-will-macro-impact-the-crypto-markets

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#cryptonews, March 9 brings you:

Silvergate Bank is winding down 😱
Millions spent on FTX lawyers… 💰
…and FTX staff could get bonuses 😬
Will SBF want the trial delayed? 🚨
Everything we know about FTX saga so far 📰
SEC and CFTC face off over Ether 👀

👉Details: https://coinmarketcap.com/alexandria/article/coinmarketcap-news-mar-9:-will-silvergate's-closure-hurt-bitcoin's-price-for-long

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Amazon Set to Launch NFT Marketplace in April — But Will People Use It?:
Other big brands have had very mixed success when launching their own NFT features — Coinbase, Facebook and Instagram among them.

👉Details: https://coinmarketcap.com/alexandria/article/amazon-set-to-launch-nft-marketplace-in-april-but-will-people-use-it

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BREAKING: Silvergate Bank Enters Voluntary Liquidation:
The crypto-friendly bank was a vital cog in the industry's ecosystem, serving as a fiat on-ramp for many businesses in the space.

👉Details: https://coinmarketcap.com/alexandria/article/breaking:-silvergate-bank-enters-voluntary-liquidation

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CoinMarketCap Announcements

Happy #InternationalWomensDay ❣️💐

Being a woman itself is a superpower.
Being a woman working in #crypto specifically is bravery!

Celebrate that. 🌸

The warmest wish from #CMC to all of our wonderful females in the world!

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CoinMarketCap Announcements

#ParisBlockchainWeek Tickets on #CMC's Diamond Store 💎

Come grab tickets to this great conference dedicated to #crypto professionals, investors and entrepreneurs! 💪

👉 Details: https://coinmarketcap.com/account/rewards

Step 1️⃣: Redeem diamonds to get your unique code.

Step 2️⃣: Go to registration, click "Promotion code", enter the code, and click "Apply".

Step 3️⃣: The ticket would appear Free, proceed to next and check out.

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Ripple's Garlinghouse Expects 'Pivotal' Securities Lawsuit Decision This Year:
A precedent-setting verdict in the Securities and Exchange Commission's suit calling its XRP token an unregistered security should come this year, Brad Garlinghouse said.

👉Details: https://coinmarketcap.com/alexandria/article/ripple's-garlinghouse-expects-'pivotal'-securities-lawsuit-decision-this-year

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Withdrawals Opened to Small Number of Celsius Customers:
U.S. users of the collapsed crypto lender who deposited funds in custody without the 20%-plus interest rate the firm offered are getting at least some of their money back.

👉Details: https://coinmarketcap.com/alexandria/article/withdrawals-opened-to-small-number-of-celsius-customers

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Tornado Cash Developer Wants to Build a Legal Crypto Mixer:
An early developer of the U.S.-sanctioned Tornado Cash crypto mixing service has forked it to create Privacy Pools, which lets users blacklist shady wallets.

👉Details: https://coinmarketcap.com/alexandria/article/tornado-cash-developer-wants-to-build-a-legal-crypto-mixer

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What Is Redacted Cartel's Decentralized Stablecoin — Dinero:
Following the launch of Hidden Hand and Pirex, OHM fork Redacted Cartel is launching its new, native stablecoin — Dinero.

👉Details: https://coinmarketcap.com/alexandria/article/what-is-redacted-cartel-s-decentralized-stablecoin-dinero

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Coinbase Launches New Ad Campaign and Reveals 50M Americans Now Own Crypto
: About 55% of Gen Z and millennials believe that digital assets and blockchains are the future — and that includes those who don't even own cryptocurrencies right now.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-launches-new-ad-campaign-and-reveals-50m-americans-now-own-crypto

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Bored Ape Yacht Club Creator to Release NFTs on Bitcoin Blockchain:
TwelveFold is a collection of 300 artworks that will be inscribed on to satoshis, the term that's used to describe the smallest denomination of BTC.

👉Details: https://coinmarketcap.com/alexandria/article/bored-ape-yacht-club-creator-to-release-nfts-on-bitcoin-blockchain

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CMC-Community Spotlight

Trust Wallet & CoinMarketCap Bring Decentralized Logins to More People Than Ever

https://coinmarketcap.com/community/articles/63f8aa89fd311907dea28033

Trust Wallet, trusted by over 60 million people, and CoinMarketCap (CMC), the premier price-tracking website for crypto assets, have joined forces to bring decentralized authentication and Web3 to an even bigger audience.
The Trust Wallet integration into CMC allows you to:

Create a user account on coinmarketcap.com using just your wallet (no need for an email address!)

Safely and seamlessly import contract addresses into your Trust Wallet using the CMC website

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Crypto 'Has Lost Battle' to Be an Alternative to Fiat Currencies:
Crypto enthusiasts would argue that it's hardly been a successful few years for central banks though, with rampant money printing leading to red-hot inflation that's out of control.

👉Details: https://coinmarketcap.com/alexandria/article/crypto-'has-lost-battle'-to-be-an-alternative-to-fiat-currencies

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Blur's Co-Founder 'Pacman' Reveals His True Identity as NFT Marketplace Overtakes OpenSea:
High school and MIT dropout Tieshun Roquerre revealed that he is behind the site that has knocked long-time volume leader OpenSea far into second place. But is its soaring volume a wash?

👉Details: https://coinmarketcap.com/alexandria/article/blur's-co-founder-'pacman'-reveals-his-true-identity-as-nft-marketplace-overtakes-opensea

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