On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value.
Sentiment: Negative
Day: March 8, 2023
“The software has taken control,” he lamented, but crypto Twitter had thoughts.
Sentiment: Negative
https://decrypt.co/123009/bitcoin-twitter-taunts-paul-krugman-over-tradfi-troubles
DeFi lending protocol Compound Finance is in the news after it announced finally deploying its third version to Polygon. Contextually, Compound III is a streamlined version of the main Compound protocol.
Sentiment: Positive
https://ambcrypto.com/assessing-the-far-reaching-effects-of-compounds-deployment-on-polygon/
On-chain data shows the Bitcoin estimated leverage ratio has risen recently, a sign that a volatile move may be coming soon for the asset. Bitcoin Estimated Leverage Ratio Has Observed A Surge As an analyst in a CryptoQuant post pointed out, the open interest has also shown a small increase in the last few hours.
Sentiment: Negative
https://bitcoinist.com/bitcoin-leverage-ratio-rises-volatile-move-incoming/
Bitcoin’s [BTC] price drop since the new month began might have been demoralising for investors. However, the king coin continues to exert supreme dominance in the market.
Sentiment: Neutral
https://ambcrypto.com/bitcoin-btc-what-its-social-dominance-stats-tell-us-about-its-king-coin-label/
The Cardano price analysis is currently down at $0.3217. This is the result of bears pushing the price down after the market crash earlier today.
Sentiment: Negative
https://www.cryptopolitan.com/cardano-price-analysis-2023-03-08/
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) derivatives trading volumes in dollar terms continued to soar in February and the increase comes as spot volumes continue to rise amid a hot regulatory backdrop. What Happened: The growth in trading activity is indicative of the growing interest in cryptocurrencies as an asset class, despite the volatility and regulatory uncertainties, according to data from The Block’s data dashboard.
Sentiment: Positive
JPG Store has announced a new tool for codeless NFT creation and minting.
Sentiment: Positive
https://dailycoin.com/cardano-based-jpg-store-opens-early-access-for-no-code-nft-tool/
Bitcoin mining stocks were mixed on Wednesday.
Sentiment: Neutral
https://www.theblock.co/post/218246/bitcoin-mining-report-march-8
Neutronpay And BitcoinVN To Host Lightningcon Vietnam, Asia’s First Bitcoin And Lightning Conference
Neutronpay And BitcoinVN To Host Lightningcon Vietnam, Asia’s First Bitcoin And Lightning Conference
In March, Bitcoin and Lightning builders and developers will congregate at a beachside resort in Da Nang, Vietnam.
Sentiment: Positive
