Curve Founder Michael Egorov Deposits $1.1M Worth of CRV into Binance, Accumulating a Total of $7.61M

Curve founder Michael Egorov's linked address deposited another 1.5 million CRV tokens, worth $1.1 million, into Binance. From January 11 to March 4, the address accumulated 12.5 million CRV tokens at an average price of $0.609, totaling $7.61 million. The address retains 2.5 million CRV tokens.

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Sushi is Live on Blast

Sushi has announced its integration with the L2 network, Blast. Users can now leverage Blast for lower gas fees and access native rewards on Sushi. Additionally, Sushi's v2 and v3 AMMs will be introduced to the Blast network, enabling users to trade and provide liquidity on Blast through the Sushi UI.

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Grayscale's GBTC Sells Off $642M in BTC, BlackRock's Bitcoin ETFs Increase Holdings by $215M

According to Lookonchain, Grayscale's GBTC reduced its holdings by 9,665 BTC (worth $642 million), while eight spot Bitcoin ETFs increased their holdings by 5,980 BTC (worth $397 million). Among them, products from BlackRock added 3,236 BTC (worth $215 million).

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Second most expensive CryptoPunk ever sells for 4,500 ETH, worth over $16 million

The second highest ever CryptoPunk sale took place for 4,500 ETH, worth nearly $16 million. The sale was of CryptoPunk # 3100, one of nine so-called “Alien Punks.”

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Bitcoin Could Reach $300,000 in Next Bull Market, Says Tether Co-founder

Tether co-founder William Quigley, in a CNBC interview, stated that Bitcoin could reach $300,000 at the peak of the next bull market. He discussed fundamental factors like Bitcoin's capital inflows, institutional and retail cryptocurrency investment portfolios relative to previous rebounds.

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Former Morgan Stanley Executive Joins Prometheum as CFO

Cryptocurrency broker-dealer Prometheum has named Albert Meo, a former Morgan Stanley executive, as its Chief Financial Officer. Meo brings extensive experience from roles at Fidelity Investments, Nomura Securities, and industry advisory committees.

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Bitdeer's Q4 2023 Report: Mining Success and Revenue Growth

Bitdeer's Q4 2023 report shows mining 1,299 bitcoins, revenue of $114.8 million (compared to $77.1 million in Q4 2022), and cash reserves of approximately $144.7 million as of December 31, 2023.

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BlackRock's Bitcoin ETF Hits $1 Billion in Daily Trading for Sixth Consecutive Day

BlackRock's Bitcoin ETF, during Monday's US stock market session, exceeded $1 billion in trading volume for the sixth consecutive day, potentially setting a new closing record.

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Pikamoon Raises $3.6M and Forms Key Partnerships for Ethereum-based Metaverse Game

Ethereum-based game Pikamoon secures $3.6 million in funding and announces partnerships with Transak, Cryptonews•com, Kevuru Video Games, and MultiversX. The game, built on Unity, supports Ethereum and MultiversX blockchains, with the funds earmarked for developing its metaverse virtual game and potential expansion to more blockchains.

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Ordinals Glyph Forging Surpasses $400M in Cumulative Fee Revenue

According to Dune Analytics, the cumulative fee revenue for Ordinals' glyph forging has surpassed $400 million, reaching $403,713,316 (6,264.6701 BTC) at the time of writing. Additionally, the total number of forged glyphs has reached 61,867,979.

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Archetype leads $3 million seed round for on-chain points startup Stack

Stack, a startup building out infrastructure for on-chain points, raised $3 million in seed funding. The venture firm Archetype led the round, with further support from Coinbase Ventures, Scalar Capital, A.Capital and others.

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Trader Invests $909,000 in SOL for $5.2 Million Unrealized Profit in WIF Tokens

A trader spent 6,996 SOL ($909,000) at $1.7 each to buy 534,956 WIF tokens. Since February 16, they've used a total of 20,996 SOL ($2.45 million) for 4.53 million WIF tokens, currently holding an unrealized profit of about $5.2 million.

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Bitcoin Expected to Hit New High Before Weekend, 10x Research Director Highlights Bullish Trends

Markus Thielen from 10x Research predicts Bitcoin reaching a new all-time high before the weekend, noting a lack of significant selling pressure during attempts to clear leveraged long positions. He highlights a bullish sign with a 63,000 BTC reduction in exchange-held Bitcoin over the past 30 days, including a drop in Coinbase's balance from 400,000 to 372,000 within a month.

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BlackRock applies to add Bitcoin ETF exposure to its Strategic Income Opportunities Fund.

BlackRock has submitted a regulatory filing to the U.S. SEC, seeking to incorporate Bitcoin ETF exposure into its Strategic Income Opportunities Fund portfolio. The filing indicates the fund's potential purchase of securities from exchange-traded products (ETPs) aimed at tracking Bitcoin's overall performance, including investments in a Bitcoin ETF issued and managed by BlackRock's affiliates.

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VanEck's Head of Digital Asset Research stated that by the end of this year, Ethereum's performance is expected to surpass that of Bitcoin.

Matthew Sigel, Head of Digital Asset Research at VanEck, stated in an interview that by the end of this year, the performance of Ethereum (ETH) is expected to surpass that of Bitcoin (BTC).

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Bitcoin breaks above the $68,000 mark, rising over $5,000 within the day.

Market data shows that Bitcoin has surged above the $68,000 mark, rising over $5,000 within the day and aiming for a new all-time high of $69,000.

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Tucows, Hiro, and Trust Machine have collaborated to launch a new entity named Orange Domain.

Trust Machines, in collaboration with Tucows and Hiro Systems, has introduced a new entity called Orange Domains. The initiative aims to seamlessly integrate Web3 with traditional technologies by expanding the capabilities of the Bitcoin Name System (BNS) through decentralized applications. Orange Domains also plans to develop new Top-Level Domain (TLD) services to better connect traditional Domain Name Systems (DNS) with Web3 digital identities. The BNS domains are built on Bitcoin technology, utilizing Stacks, Bitcoin L2, and smart contracts, allowing users to purchase .btc Web3 identities and register them on the Bitcoin blockchain.

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The probability of the Federal Reserve maintaining interest rates unchanged in March is 97.0%.

The probability of the Federal Reserve maintaining interest rates unchanged in March within the range of 5.25% to 5.50% is 97.0%, while the probability of a 25 basis point rate cut is 3.0%. By May, the probability of maintaining interest rates unchanged is 78.5%, with a cumulative probability of a 25 basis point rate cut at 21.0%, and a cumulative probability of a 50 basis point rate cut at 0.6%.

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BitMEX Research: Yesterday, there was an outflow of 5,450 BTC from GBTC.

According to BitMEX Research data, yesterday (March 4th), there was an outflow of 5,450 BTC from GBTC, equivalent to approximately $368 million.

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BNB has surged past $420.

The market indicates that BNB has surpassed $420, currently trading at $420.1, with a daily increase of 1.35%. The market volatility is significant, so please exercise caution and manage risks accordingly.

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