Crypto Pro Updates
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πŸ’Ό Altcoin Sell Pressure Just Hit a 5-Year Extreme

β€œRetail is out. Smart money rotated. No institutional alt accumulation in sight. This is not a dip. It's 13 months of continuous net selling on CEX spot.” link link
πŸ‡ͺπŸ‡ΊπŸ¦ The European Central Bank aims to issue a digital euro by mid-2029; a pilot is planned for 2027.
πŸ•΅οΈ Grant Cardone says, "I bought Bitcoin at 69, 76, 82, 88, all the way to 108, then on the way down at 92, 88, 82, mid 80s, 70s, and 62."
πŸ‘1
πŸ“ŠπŸ€” #ETH CryptoRank: Ethereum accumulation by long-term holders has increased during the current price decline. Moreover, for the first time, more than 50% of the total ETH supply is now staked.

These two factors, combined with active technical development, continued growth of the DeFi sector, and rising institutional adoption of the Ethereum blockchain, create strong preconditions for ETH appreciation once broader market conditions improve.
πŸ€– #AI DropsTab: Top 10 Gainers Among AI Projects YTD
πŸ“‰ Glassnode: Aggregate 30D Realized Cap flows have rolled sharply negative, marking one of the deepest capital outflows since the 2022 bear market.

$BTC + $ETH net position change has flipped decisively lower, while stablecoin growth stalls near neutral.
πŸ‡ΊπŸ‡ΈπŸ‘€ #SUI #ETF Grayscale Sui Staking ETF (ticker: GSUI) will begin trading tomorrow on NYSE Arca.

GSUI offers exposure to SUI, the native token of the Sui network, including potential staking rewards.

It is an exchange-traded product not registered under the amended 1940 Investment Company Act and does not have the same regulatory protections as 40 Act-registered ETFs or mutual funds. #regulation link
πŸ™… #NIL Nillion: nilChain will cease operations on March 23rd. Users who still hold NIL tokens on Cosmos should transfer them to Ethereum. link
πŸ“‰ #BTC FYI: Bitcoin on track to mark its worst Q1 since 2018. link
πŸ“ŠπŸ‘€ $4.600,000,000 in short liquidations if $ETH pumps 20%.

$4,580,000,000 in long liquidations if Ethereum dumps 20%.

Despite a 60% dump from the peak, longs are still aggressive.
πŸ’° Sports-focused prediction market Novig announced the completion of a $75 million Series B round, led by Pantera Capital, valuing the company at $500 million. Co-founder Jacob Fortinsky stated that Novig uses a peer-to-peer model, where users do not bet against a house, offering theoretically higher odds. The platform charges no fees for retail traders and collects fees from institutions. link
🏦 The Deputy Chairman of the National Bank of Belarus announced that self-employed individuals in Belarus will be able to legally receive payment for their services in cryptocurrency through crypto banks.

With cards issued by these banks, citizens will be able to make purchases in stores using cryptocurrency, as the banks will handle the conversion operations into fiat currency during the payment process. link
πŸ‡ΊπŸ‡ΈπŸ§‘β€πŸ’» #HYPE Hyperliquid has established the "Hyperliquid Policy Center" to develop a legal framework for the widespread adoption of DeFi in the United States.
πŸ‡ΊπŸ‡ΈπŸ‘€ #macro USA - Durable Goods Orders (Dec) = -1.4% m/m (exp -1.8% / prior +5.3%)
πŸ‡ΊπŸ‡ΈπŸ‘€ #macro USA - Housing Starts (Jan) = +6.2% m/m (exp - /prior -4.6%)
πŸ‡ΊπŸ‡ΈπŸ‘€ #macro USA - Durable Goods Orders (Dec) = -1.4% m/m (exp -1.8% / prior +5.3%)
πŸš€ Arizona’s strategic Bitcoin and crypto reserve fund bill passes the Senate Finance Committee and heads to the Rules Committee.

BULLISH link
πŸ’° Zora announced the launch of an attention market on the Solana platform. This market enables users to trade popular topics, ideas, memes, or events. Zora has garnered support from Jesse, the founder of Base, which has integrated and promoted Zora as a core part of its creator ecosystem. Coinbase Ventures has also invested in Zora multiple times. link
πŸ‡ΊπŸ‡ΈπŸ‘€ #macro USA - Industrial Production (Jan) = +0.7% m/m (exp +0.4% / prior +0.4%)
πŸ’° #MYX MYX Completes Strategic Funding Round Led By ConsenSys Ahead Of V2 Launch: Decrypt
πŸ“Š #XRP The XRP Ledger has activated a new amendment called "Permissioned DEX." This technical update is designed to allow regulated institutions to trade on the XRPL without opening markets to everyone. link