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⬆️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
📈 Markets in the last 24 hrs:
| Ticker | Value | 24h |
|---|
| 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 ,[object Object] | % |
🎬 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.
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A leader in active DAO treasury management and on-chain, non-custodial asset management, Karpatkey seeks to bridge the gap between DeFi and traditional finance. By integrating traditional finance practices into the DAO framework, we’re pushing for the sector's growth and the efficient allocation of its capital resources, preparing it to finally start onboarding traditional finance at scale.
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📓 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)
🔥 TRENDING
- Retail Investors Are Cautiously Returning To Crypto
- Our Most Read Stories This Week: BTC Tops 70k, Retail Returning, BTC ETFs Climb Ranks, Wormhole Airdrop
- Injective Launches inEVM Compatible with Solana and Cosmos
- Wormhole Releases Airdrop Eligibility Tool
- Bitcoin Smashes Through All-Time High, Tops $70,000
- Astar Launches zkEVM Mainnet Boasting Ethereum Interoperability Via Polygon AggLayer
- Aptos Removes Bridge Limits In Cross-Chain Push
- Daily DApp Users Surges To New High In February As DEX Activity Soars
- Arbitrum Nova Dominates L2 Throughput Amid DePIN and GameFi Surge
- Render is Switching to Solana After 10x-ing This Year
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