​​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.

​​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.

#Breaking: Seychelles FSA Issues Caution Notice Against Huobi Crypto Exchange; Denies Claims of Operations in the State

https://bit.ly/3quJs3A

Follow Goincape: https://twitter.com/CoinGapeMedia

​​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.

​​Umbrella Network will launch its public testnet on March 15. According to the blog post there will be 3 validators on board, 4 total data sources, and more than 750 data pairs available. Mainnet release is expected in June this year.

​​Convergence Finance has closed $1.5M private fundraising round. Morningstar Ventures, Black Edge Capital, Block Dream Fund, LongHash Ventures and AU21 Capital are among investors.
Convergence is building a platform that will unlock the liquidity of real-world assets in decentralized finance.

​​Polygon (MATIC), Skale Network (SKL) and SushiSwap (SUSHI) are launching on Coinbase Pro. Transfers are enabled. Trading will begin on or after 9AM Pacific Time (PT) Thursday March 11, if liquidity conditions are met.

​​Tidal Finance will have a public sale round via Balancer Liquidity Bootstrapping Pool on March 25th. Token metrics and sale details TBA.
The startup aims to build the first customizable smart contract cover marketplace for the Polkadot ecosystem.

​​Elrond will use Covalent APIs to make its blockchain data easily accessible. The collaboration will enable Covalent to extract information from the Elrond mainnet. State, transaction information, and smart contract status will be queryable by anyone using standard methods.

​​AntiMatter announced its cross-chain bridge. ChainSwap is a free tool that can be used by projects and teams wanting to make their token cross-chain across ETH, BSC, HuobiECO.

​​Christie’s first NFT auction will close in 2 day. Current bid price: $9.75M. The online auction lasts 14 days. An artwork EVERYDAYS: THE FIRST 5000 DAYS of the digital artist known as Beeple is the first-ever purely digital artwork (NFT) to be offered at a traditional auction house.

​​📉 Daily Bitcoin chart review 📈

Strongest resistance zone at 56k touched ✅ Momentum at daily turning bullish which doesn't deny pullback after yesterday's growth stage. Touch of 52k zone look inevitable, but knowing cruel character of crypto I wouldn't deny potential to see it lower down to ~48600. Keeping an eye on DXY which pumped and now should be pulling back, but in any case it became bullish and therefore won't let stocks/crypto breath freely anymore. Its gonna be a harsh fight for dominance from now on.

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

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

😱 Fear & Greed index: 68 (<= 81 <= 81 <= 76)