💠 As Bitcoin Tanks, Jeff Bezos Overtakes Elon Musk as World's Richest

🖇 Elon Musk is the largest stakeholder in Tesla, which owns an estimated 48,000 Bitcoin. As goes the cryptocurrency, so goes his net worth.

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💠 Chainlink rolls out OCR system upgrade, reducing gas costs tenfold

🖇 The Off-Chain Reporting upgrade changes how oracles aggregate data, easing the burden on the blockchains.

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💠 DeFi user pays $36K for one Uniswap transaction as EIP-1559 draws closer

🖇 Ethereum transaction fees are at their highest levels, but even the proposed solution wouldn’t have helped this fat-fingered user.

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💠 As Visa and Mastercard raise fees, merchants may look to crypto

🖇 Credit card providers charge merchants a cut of the payments they accept, called interchange fees or swipe fees. With two major card providers aiming to elevate rates, could crypto become an alternative?

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💠 As Visa and Mastercard raise fees, merchants may look to crypto

🖇 Miners weigh in on lucrative ETH mining payouts as the blockchain eyes a transition away from its proof-of-work consensus in 2021.

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💠 All of the Federal Reserve's wire and ACH systems go down

🖇 "A Federal Reserve operational error resulted in disruption of service in several business lines," said Jim Strader from the Richmond Fed.

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💠 Fed chair says it's up to Congress to bring a digital dollar to market

🖇 Jerome Powell added that the Federal Reserve needs to consider the health of other markets when creating a digital currency.

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💠Ethereum on track to settle $1.6 trillion this quarter

🖇 Ethereum's quarterly settlement value is on course to increase 1,280% year-over-year.

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💠 Traders remain bullish even as DeFi’s TVL falls to $54.4 billion

🖇 The total value locked in decentralized finance platforms dropped 16% to $54.4 billion this week, but the quick rebound in DeFi token prices shows traders are not dismayed.

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💠Today, for the first time in 11 years, 100 BTC were moved by a Bitcoin whale

🖇 Blockchain analysts have identified 100 BTC mined in June 2010 that were moved for the first time today.

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💠 DEX volumes have already surpassed $120B in 2021

🖇 DEX trading volumes on Ethereum hit $63 billion in January, smashing the sector’s previous record of $28 billion.
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💠 Supercar maker Mazzanti Automobili launches security token offering

🖇 The STO will take place on the Luxembourg-based STOKR marketplace.

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💠'Cryptocurrency is not legitimate money,' says Nigeria's central bank governor

🖇 Nigeria’s central bank is doubling down on its anti-cryptocurrency stance. Godwin Emefiele, governor of the Central Bank of Nigeria, has defended the apex bank’s decision to ban banks from servicing cryptocurrency exchanges in the country.

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📉 Current Cryptocurrency Market

🔺 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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💠 Total crypto users worldwide top 100 million | 16% growth in January

🖇 Bitcoin's runaway in January boosted the global crypto user base by close to 16%, according to an analysis from Crypto.com.

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💠 Coinbase files statement for direct listing of its stock | Entering Nasdaq global market

🖇 Coinbase Global, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed public direct listing of its Class A common stock.

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💠 6M noobs have bought coins on Robinhood Crypto already in 2021


🖇 Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year's average.

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🔰 Cardano is now a top-three cryptocurrency

📃 Cardano's Ada received a fresh wave of optimism and buying volume on Feb. 26 that pushed its price to a new all-time high of $1.35, making it the third-ranked cryptocurrency by market capitalization.

📈 #Funda
🗞 #News

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🔰Coinbase premium turned to positive

📃 Coinbase is the exchange that institutions use and the only one with a prime brokerage type service. It also doesn't offer derivatives. Therefore the Coinbase premium indicates the market is being led by institutions.

📈 #Funda
🗞 #News

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💠 JPMorgan note to clients endorses 1% allocation to Bitcoin as a hedge

🖇 Strategists at Wall Street banking giant JPMorgan have suggested that a one percent portfolio allocation to Bitcoin would serve as a hedge against fluctuations in traditional asset classes such as stocks, bonds, and commodities.

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💠 More Aussies invest in crypto than in gold and silver | Stock market in the first spot

🖇 A poll conducted on behalf of BTC Markets over the month of February, found that 12.6% of Aussie investors hold Bitcoin or other cryptocurrencies compared to 12.1% who hold precious metals.

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