Representatives of a decentralized exchange aggregator called 1inch announced the launch of their own hardware wallet. The device is at the final stage of development and will tentatively go on sale in 2023.

It has no buttons, and the device does not require a wired connection. The data exchange is carried out by means of QR-codes or NFC.

Also the device will support several sid-phrases simultaneously. It weighs 70 grams and is 4 millimeters thick. The 2.7 inch touch screen display uses E-Ink technology. That's the deal.

Representatives of the Etherium team have prepared answers to popular questions about cryptocurrency withdrawal from stacking. It looks like there will be an update, and it should be expected in March.

NYDIG analysts have noted a continued rise in the supply of Tether USDT Stablecoin (green) since late November 2022. This means that users buy the coin, thus entering the cryptocurrency industry. And then the stack is used to buy other crypto-assets.

And the movements of this indicator resemble the direction of the Bitcoin rate (in blue). Accordingly, investors react to the growth of the market and also want to participate in the ongoing race.

Now the average installation rate of crypto machines worldwide is just over 12 devices per day. And that's a pretty good indicator for a bear market.

Crypto exchanges and various donors have raised the equivalent of $11.5 million in digital assets to help earthquake victims in Turkey and Syria. Here is the corresponding donation table from Elliptic.

Glassnode data: it is noted that the supply of BTC, which has not been driven for the last 5-7 years, is actively growing

in the last 24 hours A total of 59,928 traders were liquidated, the total amount of liquidations is $161.78 million
The largest liquidation order occurred on Bitmex - XBTUSD and was worth almost $7.52M

The number of BUSD steblecoin coins in circulation has fallen below $9 billion, although two weeks ago this figure exceeded 13 billion. This means that during this period of time more than 4 billion BUSD were exchanged for dollars, and the tokens themselves were destroyed.

Recall, the supply of BUSD now can only decrease, because because of the claims of the U.S. Securities and Exchange Commission Paxos company is no longer able to issue tokens.

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L2-network project Arbitrum, created to scale the Etherium network, will hold an airdrop of its own token under the ticker ARB. It will be distributed on March 23, with tokens going to active members of this community.

Meanwhile, the amount of Tether USDT in circulation has once again climbed above $80 billion. This indicator of the stablecoin's market capitalization was taken for the first time since May 2022, which indicates the growth of its popularity among users.

By the way, the record capitalization of USDT is 83 billion.

This week the Bitcoin network hash rate has once again exceeded the mark of 400 hashes per second. And something tells me that the records will not end there 👀

Bankers: messing with cryptocurrencies is dangerous, their value could fall to zero

Meanwhile, bank stocks: -52 percent in just five days

The number of bitcoins on the cryptocurrency exchange Binance reached 692 thousand, which is a record figure. It grew by 50 thousand BTC in just four weeks.

Here is the corresponding chart from Glassnode, which also shows massive withdrawals of the cryptocurrency amid the collapse of the FTX exchange in late 2022.

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Exactly two years ago, the cryptocurrency market experienced a serious crisis. Then, from May 12 to 20, the Bitcoin exchange rate fell from $57,000 to $37,000, which means it lost about 35 percent of its value.

Did you catch those hard times? 🙈

The number of ethers on centralized crypto exchanges fell to a five-year low. It can be assumed that ETH holders began to actively store them in cold wallets, and also use the coins to interact with decentralized finance, NFT, and stacking. And for that, ethers also need to go to non-custodial wallets like MetaMask.

Not a bad trend.

At the moment, the volatility of the Etherium exchange rate is at 23 percent. This means that the value of ETH has been incredibly stable lately and is virtually unchanged.

As IntoTheBlock analysts clarify, this situation with the cryptocurrency can be compared to the behavior of the Nasdaq index. Its volatility in 2023 is at 20 percent.

Glassnode analysts studied changes in the number of bitcoins on the three largest cryptocurrency exchanges - Binance (yellow), Coinbase (blue) and Bitfinex (green).

As a result, the number of BTC on Binance increased by 421 thousand coins and reached 703 thousand BTC. The Bitfinex growth reached 250 thousand bitcoins, while the amount of BTC on Coinbase decreased by 558 thousand units.

Current balances are shown on the chart.

Bitcoin is trading noticeably cheaper on the U.S. version of the cryptocurrency exchange Binance, as seen in Kaiko's chart. The problems with liquidity and active users of the Binance-US platform, which emerged amid a lawsuit of the SEC against the company, are to blame.

Owners of Bitcoin addresses with less than 1 BTC continue to aggressively buy the cryptocurrency. According to Glassnode analysts, such investors are now increasing their own coin holdings by 33.4 thousand bitcoins per month. Moreover, this is one of the highest rates of accumulation of the first cryptocurrency by this category of buyers.

They have a total of 1.33 million BTC at their disposal. Here is the corresponding chart for the situation.