​​OptionRoom will launch farming of its deflationary governance token COURT on March 13. Farming period: 3 month (x2 during first month). Max. supply: 40K COURT. COURT will become tradable on May 13.

​​Ethernity Chain will launch farming of Ethernity STONES on March 24. STONES can be used to redeem curated and selected Ethernity NFTs that will only be available to STONES holders via the Ethernity Chain platform. STONES are non-transferrable and have no monetary value.

​​SubQuery has raised $1.8M during private fundraising round. DeFi Alliance, D1 Ventures, Hypersphere Ventures, DFG and The Lao are among participants. SubQuery aims to help Polkadot/Substrate projects build better dApps by allowing anyone to reliably find and consume data.

​​📉 Daily Bitcoin chart review 📈

BTC broken ATH that lasted for 19.5 days. Uptrend continues. Don't try to short the King unless you want to become shorter yourself 😅 Nearest Fibonacci extension levels are at ~62700 / 65000 / 68000 and may act as resistance on the way up. We may also expect pullback to previous ATH level for re-test of broken SR. Not guaranteed but that is what happens most often. Whatever will be BTC have started a new wave and it can take it much higher.

Dominance still within consolidation range that look like reversal to uptrend. Can pump to 63.7-64.5. That will be the case if BTC pump even higher.

🟥 62700 - 65000 - 68000
🟩 59800 - 58472 - 57500

Momentum analysis at daily:
10-13: AO ⬆️⬆️ AC ⬆️⬆️
09: AO ⬆️⬆️ AC 🔻⬆️
07-08: AO ⬆️🔻 AC 🔻🔻

😱 Fear & Greed index: 78 (<= 74 <= 70 <= 73 <= 68)

​​📉 Daily Bitcoin chart review 📈

Bitcoin moves according to forecast. After ATH breakout came back to broken 58500 resistance to prove it as support ✅ This morning is lavish for longs liquidations so we may assume those who needed liquidity gained it on that dip. Still I wouldn't deny potential or lower wick to ~57500 zone as it also acted as SR and gained decent volume density.

Therefore we have two scenarios. Either bounce from here till 57500 and make another leg up to ~65k. Or 57500 lose support and BTC drop back to 55k / 52.5k. In any case not shorting. Breakout didn't show any selling volume, so its far from being the top.

🟥 62000 - 62700 - 65000
🟩 58472 - 57500 - 55150

Momentum analysis at daily:
14: AO ⬆️⬆️ AC ⬆️🔻
10-13: AO ⬆️⬆️ AC ⬆️⬆️
09: AO ⬆️⬆️ AC 🔻⬆️
07-08: AO ⬆️🔻 AC 🔻🔻

😱 Fear & Greed index: 76 (<= 78 <= 74 <= 70)

​​This 18k $BTC deposit is legit as it was a transaction between user deposit wallets and Gemini hot wallet.

All Exchanges Inflow Mean is skyrocketed due to this deposit. Don't overleverage if you're in a long position.

​​Michelle prepared the list of the most interesting upcoming projects in march you should to know about.

​​📉 Daily Ethereum chart review 📈

As forecasted Ethereum dumped back to 1800 support and even passed it by. I'm buying the dips here and average cost at ~1650. This might take time for consolidation I guess.

Frankly, ETH has the shittiest chart at spot. Don't know why I long it at Futures. Probably because of global belief that its totally undervalued and will grow in any case 😅 In the end, if you don't believe in ETH future there is no future for anyone else.

​​Kine Protocol (KINE) gets listed on Gate on March 15. KINE/USDT and KINE/ETH trading pairs are already live.

​​Gather (GTH) gets listed on BitMax on March 15. GTH/USDT trading pair will go live at 9:00 a.m. EDT.

​​Aluna Social will get listed on Uniswap and Gate on March 15. ALN/ETH and ALN/USDT trading pairs will be available on Gate. ALN/ETH pool will be live on Uniswap. Trading will start at 10:00 AM UTC on both platforms.

​​📈 Market Overview

Bitcoin pared some gains, dipping below $60,000 on March 14, a day after setting a new all-time high of $61,950 on Binance. However, on-chain data indicates that the uptrend is likely to continue in the near term.

The entire Top 10 is traded in the red zone. Uniswap fell by -7.5%, ChainLink -4.9% and Litecoin -4.8%

Market capitalization: $1.82T (-2.94%)
The BTC dominance: 59.5% (-1.31%)
Fear & Greed Index: 76 (Extreme Greed)

​​Crypto News Weekly Recap #39 📣

#1 Tether launches USDT on Solana — link

#2 Bakkt awarded BitLicense in New York — link

#3 DODO was exploited. In total, approximately $3.8 million was drained — link

#4 JPMorgan launching 'crypto exposure basket' — link

#5 Ripple execs move to deny SEC access to personal bank records — link

#6 Cryptocurrency platform FalconX secures $50 million investment— link

#7 MicroStrategy has purchased an additional ~262 bitcoins for $15m in cash — link

#8 Beeple NFT sold for record-setting $69.3m at Christie’s Auction — link

​​Polkalokr has raised $0.95M during private fundraising round. AU21 Capital, Moonrock Capital, LD Capital, NGC Capital, GBIC, Morningstar Ventures, Rarestone, Pluto and SL2 Capital are among participants.
Polkalokr aims to build a multi-chain token locking & escrow platform with built-in privacy functionality.

​​Tidal Finance will have a whitelisted sale on Polkastarter on March 23. Fundraising goal and token metrics TBA. The sale will be followed by a public round on March 25th via Balancer Liquidity Bootstrapping Pool.

​​Binance will list Beefy Finance (BIFI) on March 16. BIFI/BNB and BIFI/BUSD trading pairs will be available at 9:00 AM (UTC).

​​Umbrella Network’s (UMB) public testnet is live. According to the blog post InfStones and HashQuark will be among the first validators. 750 data pairs are now available for use on the platform. Mainnet release is expected in June this year.

​​Anchor Protocol (ANC) has raised $20M during private fundraising round. Alameda Research, Arrington XRP Capital, Dragonfly Capital, Galaxy Digital, Hashed, Jump Trading & Pantera are among participants.

Anchor Protocol is a a savings protocol built on the Terra blockchain. ANC token will be available on Terraswap, Station & Anchor web app against UST for $0.05/token on March 17, at 5 PM KST.

​​📉 Daily Bitcoin chart review 📈

Bearish scenario went into play. Bitcoin lost 57500 support and went down to 53335 (by now). My last target for that scenario was 52.5k but since current dip almost got there I'd expect next dip to get lower to ~50.5k. If BTC bounce from there it will be able to continue daily uptrend without any problems.

More bearish scenario: BTC bounce to 57-58k and then drop lower to 45-47.5k - that move will slow down the momentum and cause much longer consolidation. Yet early to turn bearish on grand scale.

But today don't worry. Today everything bounce 👍

🟥 55500 - 56700 - 58000
🟩 52500 - 51000 - 49500

Momentum analysis at daily:
~16~: AO ⬆️🔻 AC ⬆️🔻
14-15: AO ⬆️⬆️ AC ⬆️🔻
10-13: AO ⬆️⬆️ AC ⬆️⬆️

😱 Fear & Greed index: 71 (<= 76 <= 78 <= 74)

​​📉 Daily Ethereum chart review 📈

Today BTC dominance dumped back which reflects the bounce of all major alts. Ethereum does its bounce as well. If manage to hodl higher low this may lead to reversal. But closer in time will be trendline breakout. Should give nice guaranteed profits.