WHAT ARE CRYPTO AIRDROPS?

This might help you understand better🫶🏽

Crypto airdrops are free distributions of cryptocurrency tokens or coins to a specific group of people or to the public in general. These airdrops aim to increase awareness of the project, distribute tokens to potential users, and incentivize people to participate in the new blockchain network. They are essentially a marketing tool used by blockchain projects to gain early adopters and build their community.

Types of Crypto Airdrops:

Public Airdrops: These airdrops are open to everyone and require no specific actions to participate. All you need to do is to provide your cryptocurrency wallet address to be eligible for the airdrops.

Private Airdrops: In contrast to public airdrops, private airdrops are exclusive and are sent to a limited number of individuals. These airdrops often require completing certain tasks or have specific requirements to participate, like signing up for a newsletter, following social media accounts, or referring friends.

Exclusive Airdrops: These airdrops are reserved for a specific group of people, such as early investors, members of the community, or participants in other projects. They often come with higher rewards, but the number of eligible participants is limited.

Yield Farming Airdrops: These airdrops are a form of airdrop combined with liquidity mining. Users provide liquidity to a specific exchange pair, and in return, they receive tokens from the project being promoted or other tokens that can be swapped for the project token.

In conclusion, crypto airdrops are a popular way for new blockchain projects to gain attention and support from the community. By understanding the different types of airdrops, staying informed about upcoming projects, and utilizing effective strategies, you can increase your chances of receiving free cryptocurrency tokens.
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Potential Xtremeverse Airdrop 》How to be eligible?

Step-by-Step Guide:

Visit the Xtremeverse airdrop page👇👇👇
https://xtremeverse.xyz/s/HROIE7

Connect your wallet.
Now, connect your Twitter account.
You will get 25 points.
Complete additional social tasks to earn more points.
Complete all the tasks to unlock daily loot boxes, which can give you additional points of up to 500 points.
Hold their NFT token “XTREME” to earn additional points.
Also, get 100 points from each referral who signs up and completes at least 1 task.
They’ve confirmed to launch the “XVERSE” token in the future and do an airdrop for users who collect points.

Xtremeverse is a web3 anime gaming universe built by Glip, a collective of 25 artists and engineers from Tencent, Epic Games, Hoyoverse, Netease, Crytek, 2K, Ubisoft. Their first title is an anime mobile shooter, BTX Battle Xtreme. BTX is a unique blend of mobile shooter, extraction gameplay, anime art and web3 economy, making it appealing to web2 and web3 gamers. Through unique art, compelling gameplay and sustainable economy, BTX will onboard hundreds of millions of gamers to web3.

Xtremeverse has raised $6M in funding from investors like Hashed Emergent and Yield Guild Games and has launched a points campaign. Connect your wallet and Twitter to start earning points. Hold their NFT token “XTREME” to earn additional points. Also get 100 points from each referral. They’ve confirmed to launch “XVERSE” token in the future and do an airdrop to users who collect points.

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Bitcoin (BTC) Price To ATH: Adam Back Shares Optimistic Timeline

Blockstream CEO Adam Back believes many of the factors that fuels Bitcoin price drawdown will not impact its return to ATH this weekend

Blockstream CEO Adam Back seems very optimistic about the possibility of Bitcoin (BTC) hitting a new all-time high (ATH) this “long” weekend. 

Bitcoin Might Hit ATH This Weekend
Back shared his optimistic sentiment in the early hours of Friday on X, citing some events that could have derailed the coin from reaching for a new ATH. For perspective, Grayscale spot Bitcoin ETF GBTC has been experiencing outrageous outflows, with one of the most recent reaching as high as $105 million in a day. Noteworthy, this was a 60% drop from the previous day.

A significant percentage of these outflows are a result of heavy liquidations by bankrupt players like Gemini and Genesis looking to repay its creditors. With the long weekend, it looks like Traditional Finance (TradFi) firms like Grayscale and many other investment companies will be going offline. This would mean a pause in the massive GBTC outflows.

Ordinarily, there could be a supply shock if GBTC outflows plummeted drastically but inflows continue at the same slow pace. In the long run, the supply shock may drive Bitcoin prices to its price peak considering the other metrics in the market.

There’s also the case of the consistent outages that American cryptocurrency exchange Coinbase has been experiencing. The last Coinbase outage was recorded when Bitcoin hit a new ATH above $70,000. Blockstream CEO thinks that Coinbase’s “circuit-breaker” will not be recorded during the weekend, seeing that Base volume is currently low. This could potentially kick the Bitcoin price further up.

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Analyst Signals Buying Pressure as $1.4 Billion Worth of USDC Flow to Coinbase

On-chain data shows a movement of $1.4 billion worth of USDC stablecoin to Coinbase signaling bullish pressure.

The recent positive run in the cryptocurrency market has sparked a transfer of $1.4 billion worth of USDC to digital asset exchange, Coinbase

According to on-chain crypto analytics firm CryptoQuant, the highest inflow of the stablecoin USDC was recorded with $1.4 billion worth of the asset on Coinbase. Although details of the transfers remain sketchy, analysts point to potential bullish pressure following past trends and the present market surge. The crypto market maintained positive form this week on the heels of institutional inflows following the approvals of spot Bitcoin ETFs.

Recovering from a slight correction, Bitcoin price pierced through $70,000 and is up 9.6% this week showing renewed investor confidence. Crypto users point to recent developments projecting new highs for the market.

Record USDC Transfer to Coinbase
The record $1.4 billion transfer to Coinbase could spark a new round of buying pressure. This is because users’ stablecoins are used to purchase cryptocurrencies like Bitcoin and Ethereum. These assets are described as a gateway between traditional finance and web3 because of its peg to the dollar.

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Bitget Wallet is the ultimate Web3 multi-chain wallet, offering a comprehensive platform with wallet, Swap, NFT Market, DApp Browser, and Launchpad functionality.
Bitget Wallet has launched Six-week BWB Points campaign convertable to $BWB in Q2.
Steps to Join Airdrop
Download the Bitget Wallet (Android/iOS).

https://web3.bitget.com/bwb-airdrop?code=AYvkds
Open the App and Create a new Wallet.
Go to discover section > click BWB airdrop > Enter Code : “AYvkds” claim BWB points.
New user will get 50 points and old users will get more points depending on their past activity.
Now start earning points daily by swapping & holding assets in your wallet.
Get more details from this Official Post.
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Coinbase International Exchange has announced the addition of support for Fantom (FTM) and THORChain (RUNE);perpetual futures trading. The announcement of FTM-PERP and RUNE-PERP markets noted that the trading is set to commence at 9:30 a.m. UTC on March 28, 2024.

Fantom & THORChain Price Surge After Coinbase Futures Listing
This landmark decision by Coinbase has catalyzed a significant surge in the prices of both Fantom and THORChain. Moreover, these perpetual trading listings are Coinbase’s “first-ever” listings available “exclusively” on the Coinbase International Exchange. Hence, the optimism around the news was unmatched.

The FTM price gained over 10% after the update. At press time, the Fantom price soared 10.51% to $1.17 on Friday, March 22. Meanwhile, the FTM market cap stood at $3.29 billion.

THORCHain, a Cosmos ecosystem token, didn’t witness a significant change in the 24-hour frame. However, the RUNE price rebounded from its low of $8.29 within a few hours of the Coinbase announcement. At the time of writing, the THORChain price was $8.70, representing a gain of 5% from the low.

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Bitget Wallet Airdrop  
Bitget Wallet is the ultimate Web3 multi-chain wallet, offering a comprehensive platform with wallet, Swap, NFT Market, DApp Browser, and Launchpad functionality.
Bitget Wallet has launched Six-week BWB Points campaign convertable to $BWB in Q2.
Steps to Join Airdrop
Download the Bitget Wallet (Android/iOS).
https://web3.bitget.com/bwb-airdrop?code=AYvkds
Open the App and Create a new Wallet.
Go to discover section > click BWB airdrop > Enter Code : “AYvkds” claim BWB points.
New user will get 50 points and old users will get more points depending on their past activity.
Now start earning points daily by swapping & holding assets in your wallet.
Get more details from this Official Post.
👋
Don't forget to like and follow for the latest Airdrops and Updates.

Frax Finance Releases Ambitious Roadmap for $100B TVL and Layer 3

Frax Finance charts a bold course towards a $100 billion TVL by 2026, unveiling a singularity roadmap and strategic initiatives for growth.

Frax Finance has unveiled an ambitious singularity roadmap, setting its sights on catapulting the Total Value Locked (TVL) to an impressive $100 billion by the year 2026. This strategic roadmap represents a significant milestone in the evolution of the decentralized finance (DeFi) space, reflecting Frax Finance’s commitment to innovation and growth. At present, the TVL within Fraxtal, the layer 2 blockchain of the Frax protocol, stands at $13.2 million. This current state serves as a foundation upon which Frax Finance aims to build and expand, leveraging its unique capabilities to realize its ambitious vision for the future.

Fraxtal’s Fractal Scaling Roadmap and Layer 3 Expansion
In a bold move towards expansion, Fraxtal is gearing up to launch 23 layer 3 protocols within the span of just one year.

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Bitget Wallet Airdrop  
Bitget Wallet is the ultimate Web3 multi-chain wallet, offering a comprehensive platform with wallet, Swap, NFT Market, DApp Browser, and Launchpad functionality.
Bitget Wallet has launched Six-week BWB Points campaign convertable to $BWB in Q2.
Steps to Join Airdrop
Download the Bitget Wallet (Android/iOS).
https://web3.bitget.com/bwb-airdrop?code=AYvkds
Open the App and Create a new Wallet.
Go to discover section > click BWB airdrop > Enter Code : “AYvkds” claim BWB points.
New user will get 50 points and old users will get more points depending on their past activity.
Now start earning points daily by swapping & holding assets in your wallet.
Get more details from this Official Post.
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Don't forget to like and follow for the latest Airdrops and Updates

Breaking: Ripple CEO and CLO Backs Ethereum and CFTC, Say US SEC to Lose

Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty supports Ethereum and CFTC in their fight against the US SEC.

Ripple chief executive officer Brad Garlinghouse and chief legal officer Stuart Alderoty have expressed support for Ethereum as the U.S. Securities and Exchange Commission opened investigations against Ethereum Foundation, waging a legal campaign to classify Ether (ETH) as security.

Ripple executives backing Ethereum is a surprising move for some crypto participants considering anti-XRP replies from Ethereum creator Vitalik Buterin when the SEC filed a lawsuit against Ripple in 2020.

Ripple CEO Brad Garlinghouse Says SEC to Lose War Similar to XRP
The US SEC has faced backlash from the crypto community and congressmen for probing companies related to Ethereum, including Ethereum Foundation. The move is considered a regulatory action for classifying the second-largest crypto Ether (ETH) as a security. Experts say it’s a political move after Prometheum, the only U.S. SEC-registered crypto securities platform, plans to custody Ethereum (ETH).

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Bitget Wallet Airdrop  
Bitget Wallet is the ultimate Web3 multi-chain wallet, offering a comprehensive platform with wallet, Swap, NFT Market, DApp Browser, and Launchpad functionality.
Bitget Wallet has launched Six-week BWB Points campaign convertable to $BWB in Q2.
Steps to Join Airdrop
Download the Bitget Wallet (Android/iOS).
https://web3.bitget.com/bwb-airdrop?code=AYvkds
Open the App and Create a new Wallet.
Go to discover section > click BWB airdrop > Enter Code : “AYvkds” claim BWB points.
New user will get 50 points and old users will get more points depending on their past activity.
Now start earning points daily by swapping & holding assets in your wallet.
Get more details from this Official Post.
👋
Don't forget to like and follow for the latest Airdrops and Updates.
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Bitget Wallet Airdrop  
Bitget Wallet is the ultimate Web3 multi-chain wallet, offering a comprehensive platform with wallet, Swap, NFT Market, DApp Browser, and Launchpad functionality.

Bitget Wallet has launched Six-week BWB Points campaign convertable to $BWB in Q2.
Steps to Join Airdrop

Download the Bitget Wallet (Android/iOS).

https://web3.bitget.com/bwb-airdrop?code=AYvkds

Open the App and Create a new Wallet.
Go to discover section > click BWB airdrop > Enter Code : “AYvkds” claim BWB points.
New user will get 50 points and old users will get more points depending on their past activity.
Now start earning points daily by swapping & holding assets in your wallet.
Get more details from this Official Post.
👋
Don't forget to like and follow for the latest Airdrops and Updates.

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Top 3 Takeaways for Crypto Markets from This Week’s Economic Data
These three lessons are crucial for investors, as this week's publication of significant data from the US put the crypto markets on edge.

Crypto markets were on the edge this week with the release of key data in the United States. From inflation prints to retail sales, the data indicated a plethora of takeaways for digital asset enthusiasts. Here are the top 3 key takeaways that crypto investors should keep in mind while reading this week’s economic data.

Fed’s Rate Cuts

Both the CPI and PPI data suggested that inflation is proving to be sticker than what the market would have wanted it to be. The US PPI inflation data was released concurrently with the weekly unemployment figures. The US PPI inflation data released on Friday by the Bureau of Labor Statistics show that wholesale inflation peaked in February. The PPI index, which measures the price at which raw materials are sold on the open market, registered 0.6% in February as opposed to the 0.3% economists had projected. In comparison, there was a 0.3% increase in January as well.

In contrast to expectations, the US annual inflation rate came in at 3.2%, exceeding January’s numbers and continuing at levels not seen since 2021. Nonetheless, consumer prices rose by 0.4% from the prior month—a minor increase from 0.3%—mainly due to a spike in gas costs. The data points, which initially showed hotter-than-expected results, indicated that the Fed’s rate cuts might take time before finally coming into play. However, the market quickly gained its belief and ended up placing bets for a rate cut to happen as early as June.

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Crypto Market Braces For FOMC & Jerome Powell’s Speech, What To Expect?
The crypto market braces for potential volatility ahead of the FOMC decision and Jerome Powell's speech amid inflation concerns.

The crypto market has gone through a rollercoaster lately, witnessing a surge in global investor interest followed by a sudden downturn last Friday. On March 15, Bitcoin, the flagship cryptocurrency, experienced a drop from its recent peak, prompting concerns among investors.

However, it quickly regained momentum, indicating ongoing confidence in the digital asset segment. Meanwhile, amid this volatility, all eyes are now on the upcoming Federal Open Market Committee (FOMC) decision and Fed Chair Jerome Powell’s speech, slated for March 20.

Crypto Market Focusing On FOMC & Jerome Powell’s Speech

The recent release of inflation data has stirred speculation in the global financial sector, let alone the crypto market. Notably, the Consumer Price Index (CPI) for February surpassed expectations, recording a 3.2% increase.

In addition, the Producer Price Index, another key gauge to measure inflation, rose by 1.6% in the same period, raising concerns about future Fed actions regarding interest rates. This data has influenced the crypto market sentiment, with investors now anticipating a potential shift in the Fed’s rate-cut plans. Notably, the market now bets for a three-rate cut in 2024, down from five as previously anticipated.

Meanwhile, the hotter-than-expected inflation figures have led to a reassessment of future Federal Reserve policies, particularly regarding interest rates. The unexpected surge in both CPI and PPI has prompted investors to speculate on whether the Fed will maintain its current stance or opt for a different course of action.

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