Bitcoin (BTC) next move 🔥

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Why is Bitcoin Up?

cz_binance has announced to convert $BUSD in the Industry Recovery Fund to $BTC , $ETH , and $BNB .

With nearly $1B untapped, this means the market will have extreme buying pressure.

Bullish?

Circle $USDC says it will cover any missing liquidity in Silicon Valley Bank using corporate funds.

which stablecoin you are holding

In the last 24 hours:

• Stocks + crypto shed $2T in value
• New York Attorney labels $ETH a security
• KuCoin hit with lawsuit
• Silicon Valley bank crash
• Huobi flash crash
• Biden proposes tax on $BTC mining
• Voyager liquidating assets

Just another day in crypto..

choose your Hardware wallet preference

These are the 6 strongest narratives that are happening this year.

I ranked them by strength:

1. AI $FET $AGIX $PRIMAL $CAI
2. LSD $LDO $LSD $SGT
3. Perp dexes $GMX $GNS $VELA
4. Real-yield $STABLZ
5. ZK $ZKT $ZKP $ROSE
6. China $FIL $VET $TVK

Shanghai Upgrade & Mt. Gox $BTC unlock are coming soon.

Might be a good idea to stop flipping shitcoins.

Trade tokens with both fundamentals & pumpamentals.

Two narratives I'm paying attention to:

•Liquid Staking -expect LSD protocols to flourish post-Shanghai

•Perp DEXs

Hot Narratives March 2023
1. Liquid Staking
2. Perpetual DEXs
3. Arbitrum Ecosystem

#BTC #crypto2023

8 ways to make money in crypto in 2023:

• trade narratives
• hunt airdrops
• participate in incentivized testnets
• yield farming
• stake RealYield tokens
• funding rates arbitrage
• sell low-risk crypto options
• delta neutral strategies
#BTC

Your Choice

The co-founder of MakerDAO is buying $MKR and selling $LDO .

He sold ~18.8M $LDO for 27M $DAI, 7,553 $MKR ($4.67M) and 92 $ETH , the average selling price is $1.68.

And bought 15,092 $MKR with 4.44M $DAI, 2.8M $LDO and 604K $USDT, the average buying price is $644.

A total of 13.6k wallet addresses canceled their OpenSea orders in the past week due to Blur’s loyalty program, which is almost 5-6 times the historical average.

Taiwan singer Jeffery Huang sold 1,010 NFTs within 48h, and received 11,680 ETH (approx. $18.6m), including 90 BAYC, 191 MAYC, 114 AZUKI. Huang quickly repurchased 991 NFTs after the sell-off, reason is unknown, probably through frequent transactions to obtain Blur airdrops.

An illegal mining farm was found in the basement of a Massachusetts school - a 39-year-old assistant principal installed 11 miners and stole nearly $18,000 worth of electricity.

The illegal miner is on the run and police are looking for him.
#BTC

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For the first time ever, Arbitrum One processed more transactions than Ethereum today.