Daily Crypto Digest

DAILY MARKET OVERVIEW
The state of the crypto market as we go into March

The crypto market has been performing extremely well for the past few months. The Bitcoin ETF launch has seen massive success and Bitcoin is quickly becoming a globally recognized and trusted asset.

Yesterday we saw another push-up in the market however it is important always to be aware. According to the Fear & Greed Index indicator, we are currently at Extreme Greed which often marks the top after which the market experiences a decline.

Should we be worried?

Although a short-term market decline could be expected in March the overall market conditions are as strong as ever.

Cryptocurrency and blockchain technology continue to see rapid development and growth. Large institutions are also getting on board with institutions such as Blackrock and Fidelity already continuously purchasing large amounts of Bitcoin.

TWITTER INSIGHTS
Aptos partnering with Blackrock?

Thanks to Twitter user @adamcader_ for bringing to topic to our attention.

Let’s begin with a quick explanation of what Aptos is.

Aptos is a Layer 1 blockchain which in simple terms means it has its independent blockchain much like Ethereum and Solana. In terms of functionality, Aptos can do everything that Ethereum and Solana can.

Aptos allows developers to build decentralized apps (dApps) such as games, NFT marketplaces, and business protocols on top of its blockchain.

Recently The Head Of Strategy for Aptos has shared that they held a meeting with the largest asset managers in the world those being Blackrock, Vanguard, and Fidelity.

Aptos will be holding an important event in Hong Kong in April. It is expected that during the event Aptos will be announcing more details regarding the topic. It is currently a speculation however a partnership between the three largest funds and Aptos would be major!

NEWS OVERVIEW
Most Recent Crypto News & Events

• Uniswap's UNI Jumps 60% on Proposal to Reward Token Holders in Major Governance Overhaul 

• Avalanche Suffers Outage, Fails to Produce Block for Four Hours

• Worldcoin, The Graph, and Filecoin Finish the Week on Top

• PancakeSwap Plans ‘Affiliates’ for Expansion; Cake Holders to Benefit

YOUTUBE INFLUENCER SUMMARY
TOP 10 Crypto Altcoins to 10X By Bitcoin Halving by Brian Jung

Summary

• Gaming projects: Beam, Immutable X, Heros of Mavia

• Meme coins: Dog Wif Hat

• Real World Asset Projects: Realio Network

• AI and Computing: Render

ON-CHAIN ACTIVITIES
Blockchain trends

Taking a look into Nansen on-chain analytics we can see that a large amount of funds have flown in Ethereum in the past 24 hours.

The recent decline in altcoin prices compared to Ethereum may be because traders are selling their altcoins and buying Ether ahead of a potential further market downturn in March.

DAILY BET
Guess and win!

As always we will measure the price at 12:00 PM CT.
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