​​#Bitcoin Balance on Exchanges taking another dive📉

​​📉 Daily Bitcoin chart review 📈

Yesterday resistance at 52k stopped BTC from breaking out again. The more times tested the weaker it becomes. At the same time momentum on daily is turning bearish which means that today and probably tomorrow BTC won't be going up for 4th re-test. Dollar Index continue growing so stocks pulling back and Bitcoin will surely follow. Not clear how DXY grow together with 1.9 billion stimulus bill approved, but from TA point of view it was predictable and may stay that way for 1-2 weeks at least.

🟥 50000 - 51500 - 52134
🟩 48655 - 47250 - 45000

Momentum analysis at daily:
07: AO ⬆️🔻 AC 🔻🔻
06: AO ⬆️🔻 AC ⬆️🔻
05: AO ⬆️⬆️ AC ⬆️⬆️

😱 Fear & Greed index: 81 (<= 76 <= 77)

​​📉 Daily Ethereum chart review 📈

Ethereum pulled back and bounced from 32395 - missed first buy zone by just a little. Next impulse took it higher which keep this chart bullish. And that goes in contradiction with my BTC dominance and BTC review 🤨 As long as ETH stay bullish alts should feel good as well, but keep in mind that 345 is extra strong resistance, so pullback to ~328 is absolutely realistic and normal.

​​PayPal buys digital asset security startup Curv. It will be the first acquisition in the cryptocurrency and digital asset space. According to the blog post Curv will help to accelerate and expand its initiatives to support cryptocurrencies and digital assets.

​​DAOventures launches Uniswap liquidity mining program. $28k worth of DVG tokens will be distributed as rewards and payments will be made daily. Users that provide liquidity to Uniswap DVG/ETH pair will earn 15,217 DVG tokens in rewards over a 14 days.

​​Saffron Finance has closed private sale round. Dragonfly Capital, Multicoin Capital, Coinbase Ventures and DeFi Holdings are among investors.
Saffron Finance is asset collateralization and customized risk protocol for DeFi. The funds purchased the tokens directly from the treasury.

​​Boson Protocol public sale pre-registration is live as of today. According to the project’s website the startup will offer 3% of total supply in public sale round with a starting price at $0.75 with a fully diluted valuation of $150M. Total BOSON token supply: 200M. Initial circulating supply: 15.7M BOSON. Private sale details TBA.

​​Marlin Protocol has launched its staking as of today. Users can now choose the staking provider and delegate their POND or MPond. Rewards are distributed once per day with no minimum staking amount.

​​Fei Protocol has raised $19M during private fundraising round. Framework Ventures, Coinbase Ventures, ParaFi Capital, Variant Fund and AngelList founder Naval Ravikant are among investors.
A decentralized stablecoin protocol will have a genesis distribution of stablecoin FEI and a governance token TRIBE on March 22.

​​📉 Daily Bitcoin chart review 📈

Yesterday was full of surprises when not only dollar index, but stocks and crypto were growing as well which led to BTC breakout above 52k resistance. Next strongest resistance at 56k and 57500. But before growing there most probably BTC will pullback for re-test same 52k and maybe wick to 50k. In any case uptrend continues, momentum showing signs of green for today, so dips are for buying.

🟥 56000 - 57500 - 58472
🟩 52134 - 51500 - 50000

Momentum analysis at daily:
07-08: AO ⬆️🔻 AC 🔻🔻
06: AO ⬆️🔻 AC ⬆️🔻
05: AO ⬆️⬆️ AC ⬆️⬆️

😱 Fear & Greed index: 81 (<= 81 <= 76 <= 77)

​​Binance will list Marlin (POND) on March 9th. POND/BTC, POND/BUSD and POND/USDT trading pairs will go live at 8:00 AM (UTC).

​​Market Overview

Bitcoin's recovery back above $52,000 was followed by a new wave of bullish optimism and analysis from Bloomberg senior commodity strategist Mike McGlone suggested that Bitcoin is pushing gold aside as a store of value in investors' portfolios.

The entire Top 10 is traded in the green zone. The growth leaders were ChainLink +6.57%, Ethereum +6.1% and Litecoin +5.6%.

Market capitalization: $1.73T (+7.02%)
The BTC dominance: 58.27% (-0.13%)
Fear & Greed Index: 81 (Extreme Greed)

​​📉 Daily Ethereum chart review 📈

Ethereum almost got to 355 resistance - stopped at 352. Possible small pullback but general reversal is in progress and smaller timeframes show uptrend which is accompanied by bullish alts.

​​#BTC_Update 1D

What's up Birbs! It's time for an update on BTC.

So this is kind of an exciting moment because following the daily close, the BirbicatorPRO has flipped back to a bull bias on default settings. Price closed above the baseline and breaker high, setting up beautifully for continuation in coming days. The next levels to watch are around 54k, 56, and 57.4k. A daily close above 57.4k opens up the door to the next level labels on BPRO which come in at 63k and 69.8k. BRPO baseline support is just below 52.1k.

​​The Latest Breaking News 📣

#1 PayPal acquires crypto security firm Curv for nearly $200M — link

#2 Third Bitcoin ETF expected to launch in Canada this week — link

#3 Soros, Morgan Stanley join $200m investment in Bitcoin firm NYDIG — link

#4 Goldman survey shows 40% of its clients have crypto exposure — link

#5 Norway-listed Aker to put 100% bitcoin in treasury reserves of new investment unit — link

​​Gate is offering a public sale round of Hapi (HAPI) on March 9. 10k HAPI at price $10 per token is offered. Token release schedule: 15% at TGE and 15% monthly. Users can place orders from March 9, 7:00AM till March 10, 4:00 AM UTC. Sale format: pro rata.

​​DODO got exploited. Around $3.8M drained. The exploits targeted several DODO V2 Crowdpools, namely the WSZO, WCRES, ETHA, and FUSI pool. Funds in all other pools, including all V1 pools and all non-Crowdpool V2 pools, are safe. In total, approximately $3.8M, of which $1.88M is expected to be returned, was drained as a result of these exploits.

​​Shadows Network has received a grant from the Web3 Foundation. Web3 Foundation grants program funds software development and research in the field of decentralized software protocols. Shadows aims to build a Substrate based hub for issuing, trading, lending and borrowing synthetic assets.

​​Frontier has enable providing liquidity on Uniswap. This enabling users to not only to trade but also track, manage, and provide liquidity to any pairs directly from Frontier DeFi interface.

​​MahaDAO will be using DeFi Wizard’s cross chain bridge and other solutions. Defi Wizard's ETH-Binance Smart Chain bridge will help widen the scope of the ARTH and allows users to stake, lend, borrow, trade ARTH across chains.