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🗞 CryptoNews of the Day 🗞

Base Network’s Total Value Locked Doubles to $2B, Driven by Memecoin Speculation: The Ethereum layer-2 network, Base, has experienced a significant surge in total value locked (TVL), doubling its TVL in less than a month to reach $2.13 billion.

👉Details: https://coinmarketcap.com/academy/article/base-networks-total-value-locked-doubles-to-dollar2b-driven-by-memecoin-speculation

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🗞 CryptoNews of the Day 🗞

Layer-2 Blast’s DeFi Farming Game Crypto Valleys Surge in Popularity: Blast, an Ethereum layer-2 blockchain, is witnessing a surge in gaming activity, particularly from a game called Crypto Valleys.

👉Details: https://coinmarketcap.com/academy/article/layer-2-blasts-defi-farming-game-crypto-valleys-surge-in-popularity

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🗞 CryptoNews of the Day 🗞

Coinbase Derivatives Plans To Launch Futures Trading for Dogecoin in Letter to CFTC: Coinbase Derivatives, a popular cryptocurrency exchange, announced its plans to introduce futures trading for Dogecoin, Litecoin and Bitcoin Cash on April 1.

👉Details: https://coinmarketcap.com/academy/article/coinbase-derivatives-plans-to-launch-futures-trading-for-dogecoin-in-letter-to-cftc

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🗞 CryptoNews of the Day 🗞

Sweden's Central Bank Releases Final Report on e-Krona CBDC Pilot: Sweden's central bank, the Riksbank, has concluded its digital krona pilot project and released its final report, which primarily focuses on the offline functionality and user experience.

👉Details: https://coinmarketcap.com/academy/article/swedens-central-bank-releases-final-report-on-e-krona-cbdc-pilot

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🗞 CryptoNews of the Day 🗞

Bitcoin Price Bounces After Federal Reserve Maintained Current Interest Rates: Bitcoin's price experienced a bounce after days of downtrend, following the U.S. Federal Reserve's decision to maintain interest rates at their current level.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-price-bounces-after-federal-reserve-maintained-current-interest-rates

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🗞 CryptoNews of the Day 🗞

SEC Delays ARK 21Shares, Hashdex Ether ETF Decision, Bloomberg Analysts Believe Approval in May Unlikely: The United States Securities and Exchange Commission (SEC) has decided to delay its ruling on the proposed spot Ether exchange-traded funds (ETFs) by Hashdex and ARK 21Shares.

👉Details: https://coinmarketcap.com/academy/article/sec-delays-ark-21shares-hashdex-ether-etf-decision-bloomberg-analysts-believe-approval-in-may-unlikely

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🗞 CryptoNews of the Day 🗞

Immutable, Polygon Partners With VC King River Capital To Launch $100M Gaming Fund: Immutable, Polygon Labs, and VC firm King River Capital have joined forces to launch a $100 million blockchain gaming investment fund called the Inevitable Games Fund.

👉Details: https://coinmarketcap.com/academy/article/immutable-polygon-partners-with-vc-king-river-capital-to-launch-dollar100m-gaming-fund

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🗞 CryptoNews of the Day 🗞

SEC Sanctioned for Misconduct in Debt Box Crypto Case: A United States district court has imposed sanctions on the Securities and Exchange Commission (SEC) for engaging in misconduct in a lawsuit against Debt Box.

👉Details: https://coinmarketcap.com/academy/article/sec-sanctioned-for-misconduct-in-debt-box-crypto-case

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🗞 CryptoNews of the Day 🗞

Solana Memecoin Slerf Accidentally Burns $10M of Presale Funds: A new Solana-based memecoin, Slerf, has lost $10 million after the project's developer accidentally burned a major portion of the token supply.

👉Details: https://coinmarketcap.com/academy/article/solana-memecoin-slerf-accidentally-burns-dollar10m-of-presale-funds

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🗞 CryptoNews of the Day 🗞

Standard Chartered: ETH Could Hit $14,000 if ETF Gets Approval: Standard Chartered has predicted that Ethereum (ETH) could reach $8,000 by the end of this year and $14,000 by 2025.

👉Details: https://coinmarketcap.com/academy/article/standard-chartered-eth-could-hit-dollar14000-if-etf-gets-approval

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🗞 CryptoNews of the Day 🗞

Starbucks Ends Odyssey Beta NFT Reward Program: Starbucks has announced that it will be ending its Odyssey Beta program on March 31.

👉Details: https://coinmarketcap.com/academy/article/starbucks-ends-odyssey-beta-nft-reward-program

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🗞 CryptoNews of the Day 🗞

Web3 Game Studio Parallel Launches Survival Simulation Game on Solana, PRIME Reaches All-time Highs: Parallel Studios, the developer behind the Ethereum NFT card game Parallel, has announced its next crypto game, Colony.

👉Details: https://coinmarketcap.com/academy/article/web3-game-studio-parallel-launches-survival-simulation-game-on-solana-prime-reaches-all-time-highs

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🗞 CryptoNews of the Day 🗞

US Senators Urge Gensler To Halt Crypto ETF Approvals, Citing “Enormous Risks”: Two US senators have called on the Securities and Exchange Commission (SEC) to halt the approval of any further crypto exchange-traded funds (ETFs), citing risks to retail investors.

👉Details: https://coinmarketcap.com/academy/article/us-senators-urge-gensler-to-halt-crypto-etf-approvals-citing-enormous-risks

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🗞 CryptoNews of the Day 🗞

Bitcoin Wallet Xverse Gears Up For Runes Protocol Ahead of Halving: Xverse, a leading Bitcoin wallet, has announced that it will support the upcoming Runes protocol, a new standard for fungible tokens on Bitcoin.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-wallet-xverse-gears-up-for-runes-protocol-ahead-of-halving

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🗞 CryptoNews of the Day 🗞

Bitcoin Price Falls By 5% As Grayscale’s BTC Outflows Hit $400M: Bitcoin's recent rally has hit a roadblock, with the cryptocurrency falling below $69,000 per coin today.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-price-falls-by-5percent-as-grayscales-btc-outflows-hit-dollar400m

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🗞 CryptoNews of the Day 🗞

CryptoQuant: Demand for Bitcoin ETF Could Increase as BTC Price Drops: CryptoQuant CEO Ki Young Ju has made a prediction regarding the spot Bitcoin exchange-traded fund (ETF) market.

👉Details: https://coinmarketcap.com/academy/article/cryptoquant-demand-for-bitcoin-etf-could-increase-as-btc-price-drops

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🗞 CryptoNews of the Day 🗞

Polygon zkEVM Layer-2 Suffers Network Outage Due to Layer-1 “Reorg”: Polygon zkEVM, a Layer 2 network built on Ethereum, experienced a significant network outage that lasted over ten hours.

👉Details: https://coinmarketcap.com/academy/article/polygon-zkevm-layer-2-suffers-network-outage-due-to-layer-1-reorg

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🗞 CryptoNews of the Day 🗞

Samson Mow: Bitcoin “Likely” To Touch $100K Before Halving: Bitcoin (BTC) has witnessed a significant rally in 2024, starting the year at $42,208 and surging to a new all-time high of $73,737 on March 14.

👉Details: https://coinmarketcap.com/academy/article/samson-mow-bitcoin-likely-to-touch-dollar100k-before-halving

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🗞 CryptoNews of the Day 🗞

Memecoins, NFT Sent to BlackRock’s Ethereum Address After Firm Deposits $100M USDC On-chain: Blockchain analysts discovered one of BlackRock’s wallets after a deposit of $100 million in USD Coin (USDC) on the Ethereum blockchain.

👉Details: https://coinmarketcap.com/academy/article/memecoins-nft-sent-to-blackrocks-ethereum-address-after-firm-deposits-dollar100m-usdc-on-chain

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🗞 CryptoNews of the Day 🗞

Japanese Game Developer Square Enix Invests in Web3 Games Platform HyperPlay: Square Enix, the renowned Japanese gaming publisher and entertainment company behind popular gaming franchises like Final Fantasy and Kingdom Hearts, has formed a partnership with HyperPlay.

👉Details: https://coinmarketcap.com/academy/article/japanese-game-developer-square-enix-invests-in-web3-games-platform-hyperplay

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🗞 CryptoNews of the Day 🗞

ZkSync’s Matter Labs Will Tokenize $50M of Reserves with Sygnum Bank: Swiss-based digital asset bank Sygnum has tokenized $50 million for Matter Labs, the developers behind zkSync, a zero-knowledge layer-2 blockchain on Ethereum.

👉Details: https://coinmarketcap.com/academy/article/zksyncs-matter-labs-will-tokenize-dollar50m-of-reserves-with-sygnum-bank

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🗞 CryptoNews of the Day 🗞

BlackRock To Launch Tokenized Asset Fund: The world’s largest asset manager BlackRock has filed with the U.S. Securities and Exchange Commission (SEC) to launch a tokenized asset fund.

👉Details: https://coinmarketcap.com/academy/article/blackrock-to-launch-tokenized-asset-fund

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🗞 CryptoNews of the Day 🗞

Bitcoin Ordinals Collection NodeMonkes Briefly Surpasses BAYC in Market Cap: Bitcoin Ordinals project NodeMonkes has briefly flipped the Bored Ape Yacht Club (BAYC) in market capitalization on Monday.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-ordinals-collection-nodemonkes-briefly-surpasses-bayc-in-market-cap

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🗞 CryptoNews of the Day 🗞

Fidelity Updates Ethereum ETF Application To Include ETH Staking: Financial services giant Fidelity plans to stake a part of the ETH if its spot Ethereum exchange-traded fund (ETF) application gets approved.

👉Details: https://coinmarketcap.com/academy/article/fidelity-updates-ethereum-etf-application-to-include-eth-staking

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🗞 CryptoNews of the Day 🗞

Dubai’s Special Economic Zone DIFC Passes New Digital Assets Law: The Dubai International Financial Centre (DIFC) has announced the passage of a new Digital Assets Law and Security Law, as well as amendments to existing law.

👉Details: https://coinmarketcap.com/academy/article/dubais-special-economic-zone-difc-passes-new-digital-assets-law

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🗞 CryptoNews of the Day 🗞

Solana Surpasses Ethereum in User Activity Amidst Surge in Memecoins like ‘Book of Meme’: The Solana network experienced a surge in activity over the weekend, surpassing Ethereum in total trading volume.

👉Details: https://coinmarketcap.com/academy/article/solana-surpasses-ethereum-in-user-activity-amidst-surge-in-memecoins-like-book-of-meme

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🗞 CryptoNews of the Day 🗞

Owners of Shiba Inu Behind Dogwifhat Meme Auctions NFT on Ethereum: A South Korean Instagram user announced that the Shiba Inu featured in the "Dogwifhat" meme, named Achi, was their pet.

👉Details: https://coinmarketcap.com/academy/article/owners-of-shiba-inu-behind-dogwifhat-meme-auctions-nft-on-ethereum

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🗞 CryptoNews of the Day 🗞

Hong Kong Starts Phase 2 of e-HKD CBDC Pilot: The Hong Kong Monetary Authority (HKMA) has launched the second phase of its central bank digital currency (CBDC) pilot, the e-HKD.

👉Details: https://coinmarketcap.com/academy/article/hong-kong-starts-phase-2-of-e-hkd-cbdc-pilot

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🗞 CryptoNews of the Day 🗞

Craig Wright Is not Satoshi Nakamoto, According to UK Judge Ruling: A UK court has ruled that Dr. Craig Wright is not the pseudonymous creator of Bitcoin, Satoshi Nakamoto.

👉Details: https://coinmarketcap.com/academy/article/craig-wright-is-not-satoshi-nakamoto-according-to-uk-judge-ruling

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🔎 CMC Research 🔎

This report delves into the crypto markets in February 2024, an eventful month where BTC rallied towards all-time highs.
Let's dive into some of the top narratives that shaped the month, including:

♦ Crypto Market Cap
♦ ETF Inflows
♦ Market Sentiment
♦ Trending Topics: ERC404 & AI Tokens
♦ Stablecoin
♦ L1/L2 Narratives
♦ DeFi
♦ NFTs
♦ Coins around the world

👉 Details: https://coinmarketcap.com/academy/article/according-to-cmc-february-2024-crypto-market-analysis

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