⬆️Bitcoin Begins The Week With Fresh highs

GM Defiers!

BTC kicked off the week with new all-time highs after pushing above $72,700 for the first time ever. Bitcoin’s market cap has now surpassed that of silver at $1.4 trillion.

Starknet announced a suite of optimizations intended to double the fee savings realized by the network following Ethereum’s upcoming Dencun upgrade. The Starknet Foundation is also doubling on GameFi with the launch of its new Gaming Committee armed with a $120 million budget to attract both developers and players.

Plus, Wyoming has enacted a legal framework recognizing decentralized organizations.

✍️ In today’s newsletter:

BTC overtakes silver on fresh highs
Starknet announces wave of fee optimizations
Wyoming’s Decentralized Unincorporated Nonprofit Association bill
Starknet’s $120M gaming committee

🙏Sponsored

Stellar Network Real-World Rails Bring DeFi to New Audiences

📈 Markets in the last 24 hrs:

Ticker	Value	24h
Bitcoin	$72,4974.95	%
Ethereum	$4,064 4.55	%
Gold 1st Future	$2,183 0.18	%
S&P 500	5117.94	-0.11 %
Arch Web	33.34 0.66	%
Learn more about Arch Indices		%

🎬 WATCH

Check out our interview with Jordi Alexander, the founder of Selini Capital, to get his tips on navigating the web3 markets. Also watch our podcast with Evan Cheng, the former Apple Engineer who co-founded Mysten Labs, the team behind Sui Network, to learn about the Layer 1 blockchain’s roadmap and ambitions.

🚀 Bitcoin Goes Into Price Discovery, Skyrockets Past $72,000

Bitcoin’s price discovery exploring new all-time highs continues, with BTC posting record highs above $72,700. The move coincides with the market cap of BTC pushing above $1.41 trillion, with Bitcoin overtaking silver at $1.39 trillion.

💰 Starknet To Roll Out Suite Of Fee-Saving Measures Alongside Dencun

Starknet will launch its v0.13.0 upgrade on March 13, beginning the roll-out of a suite of fee optimizations designed to significantly drive down transaction costs. The deployment will coincide with Ethereum’s Dencun upgrade, which will also reduce transaction fees on Layer 2 networks.

📓 Wyoming’s New DAO Act Gets ‘Two Thumbs Up’

Wyoming has passed a bill legally recognizing DAOs as Decentralized Unincorporated Nonprofit Associations. The framework allows DAOs to enter into legal contracts with third parties, allow them to pay taxes, and provide the organizations with limited liability.

🎮 Starknet Foundation Creates Gaming Committee With $120M Budget

The Starknet Foundation has created a Gaming Committee dedicated to promoting the development and adoption of GameFi projects on Starknet. The committee has been funded with 50 million STRK tokens currently worth $120 million to incentivize gamers and developers interacting with the network.

🌍 ELSEWHERE

Coinbase Challenges SEC in Court, Seeks Crypto-Specific Rules Again (Finance Magnates)
Hong Kong's Central Bank Starts Regulatory Sandbox for Stablecoin Issuers (CoinDesk)
Analysts lower odds of Ethereum ETF approval to 35% (CryptoSlate)