2023-03-01 (Wednesday)

BITCOIN (BTC)

Current Price:  $ 23,208 (24h Changes: -0.96 % )

Current Market Cap:  $ 447,906,035,142 (24h Changes: -0.92 % )

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BTC-Positive News

1. Bored Ape-Parent's Next Generation Of NFTs Will Be Powered By Bitcoin Blockchain
Source:  Benzinga
Date:  Tue, 28 Feb 2023 08:21:38

Bored Ape Yacht Club (BAYC) creator Yuga Labs said on Monday that it is creating an NFT collection that will be minted on the Bitcoin (CRYPTO: BTC) based Ordinals protocol. What Happened: Yuga Labs in a tweet said that the collection is called ‘TwelveFold'.

2. World's Biggest NFT Company Yuga Labs Introduces First Bitcoin Ordinals Collection
Source:  Bitcoin Magazine
Date:  Tue, 28 Feb 2023 11:53:27

The largest NFT creation firm will host their first Bitcoin Ordinals project, just as the network passes 200,000 inscriptions.

3. Yuga Labs to Launch Art Collection on Bitcoin
Source:  Crypto Briefing
Date:  Tue, 28 Feb 2023 11:56:48

The studio behind Bored Ape Yacht Club wants to take advantage of the Bitcoin Ordinals frenzy.

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BTC-Neutral News

1. Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues
Source:  Coindesk
Date:  Tue, 28 Feb 2023 12:10:19

The disclosure comes ahead of this afternoon's fourth quarter earnings release.

2. Short-Bitcoin Funds Post $10M in Weekly Inflows: CoinShares
Source:  Coindesk
Date:  Tue, 28 Feb 2023 14:00:02

Investors poured money into short bitcoin funds last week as upbeat U.S. economic data and the prospect of renewed outsized rate increases by the Federal Reserve weakened the appetite for risky assets. Separately, bitcoin's correlation with ether has strengthened since mid-January, a sign of a renewed focus on macroeconomic factors.

3. Grayscale to Argue SEC's Inconsistency as Bitcoin ETF Dispute Heads Toward Court
Source:  Coindesk
Date:  Tue, 28 Feb 2023 12:01:26

Grayscale says it's preparing to argue in court next week that the Securities and Exchange Commission (SEC) inappropriately treated its bitcoin exchange-traded fund (ETF) bid differently than earlier decisions on futures ETFs, according to the company's legal team.

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BTC-Negative News

1. Bitcoin Core developer calls out NFT auction for using his credentials
Source:  AMBCrypto
Date:  Tue, 28 Feb 2023 09:00:21

Luke Dashjr, a core developer for Bitcoin [BTC], took to Twitter to share his concerns about Non-Fungible Tokens [NFT] that were being sold using his name. The incident involved a picture of the core developer's code, which was presented to the public as an NFT at an auction.

2. SEC Chair: All Crypto Tokens Except Bitcoin Are Securities
Source:  Crypto Daily
Date:  Tue, 28 Feb 2023 14:30:00

During a recent interview, Gary Gensler, chairman of the U.S. SEC, claimed that all crypto tokens, except for Bitcoin, are securities and, therefore, fall under the agency's purview. Chairman of the United States Securities and Exchange Commission (SEC) asserted during a recent interview with New York Magazine, that all crypto tokens other than Bitcoin are securities.

3. Bitcoin Risks Deeper Pullback Toward $20K: Chart Analysts
Source:  Coindesk
Date:  Tue, 28 Feb 2023 08:50:33

"We shift to a bearish short-term bias," one analyst said, noting bitcoin's recent technical failure at key resistance.

ETHEREUM (ETH)

Current Price:  $ 1,612.67 (24h Changes: -0.93 % )

Current Market Cap:  $ 194,281,497,062 (24h Changes: -0.95 % )

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ETH-Positive News

1. Crypto Billionaire Sends $327,000,000 in Ethereum (ETH) to DeFi Staking Project: On-Chain Data
Source:  The Daily Hodl
Date:  Tue, 28 Feb 2023 03:30:26

Crypto billionaire Justin Sun has sent hundreds of thousands of Ethereum (ETH) to liquid staking service Lido Finance (LDO). The blockchain-tracking Twitter account Lookonchain reports that the Tron (TRX) founder staked 150,100 ETH worth $240 million on Lido Finance in a series of transactions a few days ago.

2. Non-Custodial Liquid Staking Platform Ether.Fi Closes $5.3M Fundraise
Source:  Coindesk
Date:  Tue, 28 Feb 2023 06:00:00

The round was co-led by North Island Ventures, Chapter One and Node Capital and included participation from BitMex founder Arthur Hayes.

3. Ethereum Edges Closer to Letting Users Withdraw Staked ETH
Source:  Decrypt
Date:  Tue, 28 Feb 2023 05:34:21

Sepolia is the second Ethereum testnet to see a dress rehearsal for Shanghai, which will finally let users withdraw their staked ETH.

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ETH-Neutral News

1. Whales Ethereum Holding Spikes; Market On The Verge Of Picking Up?
Source:  Coingape
Date:  Tue, 28 Feb 2023 07:54:32

Ethereum (ETH), the second largest cryptocurrency is trading under increased selling pressure, lately. ETH resumed the recovery run after witnessing a heavy dump in 2022.

2. Non-exchange ETH supply exceeds 25M after 7 years
Source:  CryptoSlate
Date:  Tue, 28 Feb 2023 11:49:16

Ethereum (ETH) supply held by non-exchanges exceeded 25 million on February 25, according to Santiment Insights.

3. Ethereum spot-to-futures ratio hits three-year low
Source:  CryptoSlate
Date:  Tue, 28 Feb 2023 11:27:18

Definition Daily spot market total volume for ETH divided by ETH futures trading volume.

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ETH-Negative News

1. Voyager found dumping its ETH, USDC and SHIB each week
Source:  Crypto news
Date:  Tue, 28 Feb 2023 06:00:42

Arkham Intelligence has revealed that Voyager Digital has been selling off large amounts of its crypto holdings on a weekly basis. The company filed for bankruptcy last July.

2. Ethereum Price Today: ETH Drops Despite Shanghai Upgrade Development
Source:  Coingape
Date:  Tue, 28 Feb 2023 02:54:34

Ethereum Price Today: The market is trading in red today, as most of the significant coins see a decline. Investors are currently exercising caution when it comes to investing in riskier assets, primarily due to concerns surrounding mounting macroeconomic issues, which have been exacerbated by higher-than-anticipated inflation rates.

3. Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip Ahead of US Consumer Confidence Report
Source:  Bitcoin
Date:  Tue, 28 Feb 2023 08:30:25

Bitcoin and ethereum were trading lower on Feb. 28, as markets anticipated the release of the upcoming U.S. consumer confidence report. The data, which is for February, is expected to show a slight increase in confidence for the month. This will likely result in the Federal Reserve maintaining its rate hike policy next month.

BINANCECOIN (BNB)

Current Price:  $ 302.39 (24h Changes: -0.67 % )

Current Market Cap:  $ 47,729,039,212 (24h Changes: -0.57 % )

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BNB-Positive News

1. Digital Assets: Floki Partners with Venus Protocol, a Lending Protocol on BNB Chain
Source:  CrowdFundInsider
Date:  Tue, 28 Feb 2023 09:17:06

Floki is now officially partnered with one of the biggest lending protocols on the BNB chain, Venus Protocol.

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BNB-Neutral News

1. Binance Coin (BNB) Price Maintains Footing Despite Negative News
Source:  BeInCrypto
Date:  Tue, 28 Feb 2023 13:00:00

The Binance Coin (BNB) price could decrease in the short-term before eventually rallying once more.

2. BNB GameFi space declines despite increased popularity – Exploring why
Source:  AMBCrypto
Date:  Tue, 28 Feb 2023 03:30:32

BSC Daily, in its 26 February tweet, brought up Binance Coin's [BNB] GameFi growth in 2023 and beyond. The tweet highlighted several potential BNB Chain GameFi projects and affirmed that the ecosystem was far from dead.

3. Binance Coin [BNB] bulls harbor hope despite losses: Here's why
Source:  AMBCrypto
Date:  Tue, 28 Feb 2023 09:30:29

Binance Coin [BNB] fell beneath the $305 mark at the time of writing and had a short-term bearish bias. The buyers had stepped in with force when BNB dipped below $300 over the weekend.

CARDANO (ADA)

Current Price:  $ 0.35 (24h Changes: -3.06 % )

Current Market Cap:  $ 12,369,218,813 (24h Changes: -3.06 % )

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ADA-Positive News

1. Cardano-Based SingularityNET (AGIX) Soars After Elon Musk Related AI Rumors
Source:  Bitcoinist
Date:  Tue, 28 Feb 2023 08:33:20

Cardano-based artificial intelligence marketplace SingularityNET (AGIX) has seen its price rise by 11% in the last 24 hours, making it today's top performer in the top 100 cryptocurrencies by market cap. The sudden rally started shortly after rumors surfaced that Elon Musk wants to build a ChatGPT competitor.

2. Cardano DEX CSWAP Partners with Ape Nation in “Long-Term” CNFT Projects
Source:  Dailycoin
Date:  Tue, 28 Feb 2023 12:01:38

Ape Nation NFT sales have been pumping since the announcement.

3. Cardano Reigns Supreme As Most Actively Developed Crypto Asset — Is ADA's Moon Landing Guaranteed?
Source:  Zycrypto
Date:  Tue, 28 Feb 2023 11:18:33

Cardano (ADA), like the rest of the crypto market, has had a horrid year in terms of prices. However, ADA still managed to clinch the title of the most developed chain, outpacing top rivals such as Ethereum and Polkadot.

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ADA-Neutral News

1. $ADA, $SOL, and $MATIC Institutional Investment Products See Inflows Last Week
Source:  CryptoGlobe
Date:  Tue, 28 Feb 2023 04:35:42

On Monday (February 27), CoinShares, a leading Europe-based digital asset investment and trading group, reported on last week's inflows and outflows for digital asset investment products (crypto ETPs and ETFs).

2. Cardano founder Charles Hoskinson provides an update on the acquisition of Coindesk and CNN media outlet 
Source:  CryptoNewsFlash
Date:  Tue, 28 Feb 2023 05:43:31

During the DCG's liquidity issue and the bankruptcy of its subsidiary Genesis Capital, Hoskinson showed interest in acquiring news outlet CoinDesk.

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ADA-Negative News

1. Cardano founder responds to accusations of alt-right association
Source:  Finbold
Date:  Tue, 28 Feb 2023 05:09:42

After an anonymous member of the Cardano (ADA) community posted an ‘open letter' on social media to Charles Hoskinson, heavily criticizing him over his public views, the Cardano network founder has decided to respond to these accusations.

2. Cardano (ADA) Price Analysis: Risk of Drop Below $0.35
Source:  LiveBitcoinNews
Date:  Tue, 28 Feb 2023 00:58:24

ADA price is trading in a bearish zone below the $0.38 support zone against the US Dollar. The price is now trading below $0.38 and the 55 simple moving average (4-hours).

3. Cardano Price might drop below $0,30 if THIS Happens! Sell ADA?
Source:  CryptoTicker
Date:  Tue, 28 Feb 2023 13:38:55

What's next for Cardano? Will Cardano crash to $0.30?

RIPPLE (XRP)

Current Price:  $ 0.38 (24h Changes: -0.4 % )

Current Market Cap:  $ 19,255,365,890 (24h Changes: -0.4 % )

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XRP-Positive News

1. This is How XRP Staking May Propel the Price Beyond $0.5 Soon!
Source:  CoinPedia
Date:  Tue, 28 Feb 2023 03:39:11

Multiple platforms have already entered the world of staking and XRP is the most recent entry to the list. The platform recently launched the first-ever staking trial program. According to Ripple Labs, the investors can stake XRP on the platform and the first 10,000 investors may receive 12% to 27% interest.

2. Pro-Ripple lawyer: ‘No consensus that everything other than BTC is security'
Source:  AMBCrypto
Date:  Tue, 28 Feb 2023 10:00:36

Attorney John Deaton, a pro-Ripple lawyer, has chastised Michael Saylor, the chairman of business intelligence firm MicroStrategy Incorporated, for his stance on Bitcoin [BTC] maxis. The digital currency ecosystem was disturbed since news of the SEC's onslaught on key industry firms began making the rounds in February 2023.

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XRP-Neutral News

1. Ripple Lawyer Asks Gary Gensler to Step Down from Token Securities Cases
Source:  CoinPedia
Date:  Tue, 28 Feb 2023 08:25:31

Gary Gensler is a US public servant and financial regulator who now serves as the Head of the Securities and Exchange Commission (SEC). With his recent regulatory measures, Gensler has often come under fire. Senator Tom Emmer of Minnesota has criticized him for his regulatory flaws.

2. Ripple vs. SEC: What Experts Say About the Lawsuit
Source:  Dailycoin
Date:  Tue, 28 Feb 2023 11:16:49

Learn more about the potential implications of an ongoing legal battle between Ripple and the SEC.

3. Ripple asks SEC chair to recuse self from crypto enforcement cases
Source:  CryptoSlate
Date:  Tue, 28 Feb 2023 10:01:17

Ripple's chief legal officer Stuart Alderoty asked the United States SEC chairman Gary Gensler to recuse himself from voting on any enforcement case relating to cryptocurrencies because he has prejudged the issue.

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XRP-Negative News

1. Crypto Prices Today: Polygon (MATIC), Solana (SOL), XRP (XRP), Shiba Inu (SHIB)
Source:  Coingape
Date:  Tue, 28 Feb 2023 01:35:45

Crypto Prices Today: The market is trading in red today, as most of the significant coins see a decline.  As of writing, Bitcoin price has decreased by 0.06% in the last 24 hours.

2. Ripple Calls For Recusal Of Gensler From Crypto Cases, Here's Why
Source:  Bitcoinist
Date:  Tue, 28 Feb 2023 03:15:38

The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to await a decision after the final briefs were submitted by both parties about a month ago. The latest development in the lawsuit was the intervention of Forbes journalist Dr.

3. Ripple lawyer: Gary Gensler ‘has to recuse himself from voting on any enforcement case' – What this means for Bitcoin and crypto
Source:  CryptoNewsFlash
Date:  Tue, 28 Feb 2023 12:19:19

Ripple lawyer Stuart Alderoty lashed out at Gary Gensler stating that he has prejudiced the decision of crypto assets as securities.

SOLANA (SOL)

Current Price:  $ 22.13 (24h Changes: -2.35 % )

Current Market Cap:  $ 8,376,249,322 (24h Changes: -2.21 % )

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SOL-Positive News

1. Gaming Engine Unity Taps MetaMask, Immutable X and Solana for Web3 Developer Tools
Source:  Coindesk
Date:  Tue, 28 Feb 2023 12:57:50

The leading platform for game developers introduces an online storefront for decentralized tools, adding support for major Web3 players.

2. Coinbase Institutional: Solana's Technological Differentiation Key to Value Proposition
Source:  CryptoGlobe
Date:  Tue, 28 Feb 2023 09:58:36

 A recent research report by Coinbase Institutional looks at the mechanics of the Solana ($SOL) protocol and its competitive positioning in the layer-1 blockchain space.

3. Coinbase Says One Ethereum Rival Emerging As Major Long-Term Layer-1 Competitor
Source:  The Daily Hodl
Date:  Tue, 28 Feb 2023 05:15:41

The top US crypto exchange Coinbase says Solana (SOL) is poised to become one of the strongest layer-1 blockchain projects. New Coinbase analysis says Solana is likely going to emerge as one of the top Ethereum (ETH) rivals among the multiple layer-1 blockchains fiercely competing against each other for capital and users.

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SOL-Neutral News

1. $ADA, $SOL, and $MATIC Institutional Investment Products See Inflows Last Week
Source:  CryptoGlobe
Date:  Tue, 28 Feb 2023 04:35:42

On Monday (February 27), CoinShares, a leading Europe-based digital asset investment and trading group, reported on last week's inflows and outflows for digital asset investment products (crypto ETPs and ETFs).

2. Solana Developers Say Reason For Network Outage Still Unclear
Source:  Coindesk
Date:  Tue, 28 Feb 2023 01:50:56

The Solana blockchain was stuck for more than one day over the weekend, recovering only after validators restarted the network.

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SOL-Negative News

1. Solana Labs: On-chain Voting Causes Network Disruption Is ‘Pure Ignorance'.
Source:  Coincu
Date:  Tue, 28 Feb 2023 01:50:59

Key Points: On February 28, in response to Solana's network downtime on February 25, Twitter user DBCryptoX posted a contentious tweet claiming that a significant volume of validator messages and on-chain voting are clogging the network.

2. Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic
Source:  Bitcoin
Date:  Tue, 28 Feb 2023 10:30:37

Following the initial incident on Feb. 25, Solana resolved the blockchain's performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.

3. Crypto Prices Today: Polygon (MATIC), Solana (SOL), XRP (XRP), Shiba Inu (SHIB)
Source:  Coingape
Date:  Tue, 28 Feb 2023 01:35:45

Crypto Prices Today: The market is trading in red today, as most of the significant coins see a decline.  As of writing, Bitcoin price has decreased by 0.06% in the last 24 hours.

AVALANCHE (AVAX)

Current Price:  $ 17.17 (24h Changes: -3.98 % )

Current Market Cap:  $ 5,576,643,897 (24h Changes: -4.04 % )

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AVAX-Positive News

1. Popular Analyst Predicts ETH, LINK, AVAX, FTM, ATOM, LTC Price If Bitcoin Bull Run To $35K
Source:  Coingape
Date:  Tue, 28 Feb 2023 11:26:37

Popular crypto analyst predicts prices of Ethereum (ETH), Chainlink (LINK), Avalanche (AVAX), Fantom (FTM), Litecoin (LTC), and Cosmos (ATOM) if Bitcoin price hit $35,000. Michael van de Poppe in a tweet on February 28 shared that if Bitcoin price reaches the $35,000 level, other leading cryptocurrencies will also witness some higher levels.

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AVAX-Neutral News

1. French Police Arrest Hackers Allegedly Associated With Exploit of Avalanche-Based DeFi Protocol
Source:  The Daily Hodl
Date:  Tue, 28 Feb 2023 12:55:53

The French National Police have arrested two individuals allegedly behind the $9.19 million hack on Avalanche (AVAX)-based decentralized finance (DeFi) protocol Platypus Finance. The French police also announced they seized €210,000 ($222,505) worth of cryptocurrencies. Platypus itself also confirms the development. Platypus, an automated market maker for stableswap, suffered three separate attacks on February 16th.

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AVAX-Negative News

1. Biggest Movers: AVAX Hits 2-Week Low as DOT Extends Recent Losses
Source:  Bitcoin
Date:  Tue, 28 Feb 2023 11:30:19

Avalanche fell to a two-week low on Tuesday, as the token broke out of a key support point. Prices fell below a floor at $17.50, which comes as the global cryptocurrency market cap is down by 1.01% as of writing. Polkadot also extended its recent losses, falling by nearly 3% on Feb. 28.

NEAR (NEAR)

Current Price:  $ 2.25 (24h Changes: -3.46 % )

Current Market Cap:  $ 1,939,154,550 (24h Changes: -3.58 % )

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NEAR-Neutral News

1. Coinbase to Suspend Binance USD Stablecoin; Bitcoin Hovers Near $23.5K
Source:  Coindesk
Date:  Tue, 28 Feb 2023 08:49:14

Coinbase will suspend trading of Binance USD (BUSD) starting March 13, because the stablecoin doesn't meet its listing standards, the U.S. cryptocurrency exchange announced in a tweet Monday. Lumida CEO and Co-Founder Ram Ahluwalia shares his reaction.

COSMOS (ATOM)

Current Price:  $ 12.3 (24h Changes: -3.4 % )

Current Market Cap:  $ 3,596,468,525 (24h Changes: -3.33 % )

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ATOM-Positive News

1. Popular Analyst Predicts ETH, LINK, AVAX, FTM, ATOM, LTC Price If Bitcoin Bull Run To $35K
Source:  Coingape
Date:  Tue, 28 Feb 2023 11:26:37

Popular crypto analyst predicts prices of Ethereum (ETH), Chainlink (LINK), Avalanche (AVAX), Fantom (FTM), Litecoin (LTC), and Cosmos (ATOM) if Bitcoin price hit $35,000. Michael van de Poppe in a tweet on February 28 shared that if Bitcoin price reaches the $35,000 level, other leading cryptocurrencies will also witness some higher levels.

POLKADOT (DOT)

Current Price:  $ 6.35 (24h Changes: -2.87 % )

Current Market Cap:  $ 7,674,570,256 (24h Changes: -2.96 % )

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DOT-Positive News

1. AI predicts Polkadot (DOT) price for the end of 2023
Source:  Finbold
Date:  Tue, 28 Feb 2023 07:49:23

With the rise of Artificial Intelligence (AI) and machine learning algorithms, investors are now turning to these advanced technologies to help them predict the future price of cryptocurrencies, given the volatile nature of the crypto market.

2. Polkadot's DOT Token: Marching Forward to New Heights in 2023?
Source:  CryptoTicker
Date:  Tue, 28 Feb 2023 01:41:03

What will happen in the coming weeks? What does the Polkadot forecast for March 2023 look like?

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DOT-Negative News

1. Biggest Movers: AVAX Hits 2-Week Low as DOT Extends Recent Losses
Source:  Bitcoin
Date:  Tue, 28 Feb 2023 11:30:19

Avalanche fell to a two-week low on Tuesday, as the token broke out of a key support point. Prices fell below a floor at $17.50, which comes as the global cryptocurrency market cap is down by 1.01% as of writing. Polkadot also extended its recent losses, falling by nearly 3% on Feb. 28.

2. Polkadot price analysis: DOT value declines to $6.47 as the bears mount pressure
Source:  Cryptopolitan
Date:  Tue, 28 Feb 2023 13:34:11

 Polkadot price analysis indicates a bearish movement after the bears have currently taken hold of the market. The support level for Polkadot stands at $6.00, which means if broken could lead to a further downgrade of the DOT/USD pair.