Digital Assets Report 62

The city of Lugano has announced plans to recognize Bitcoin as legal tender and promote the blockchain industry.

Crypto VC firm Electric Capital has raised $1 billion, its largest fundraise to date, to deploy capital to Web3, NFT and DeFi projects.

A Silicon Valley-based investment firm is pouring tens of millions of dollars into a crypto project that aims to lower the costs of staking top smart contract platform Ethereum (ETH).

CME Group intends to roll out options on their Micro Bitcoin and Micro ETH futures at the end of the month

Investment brokerage Charles Schwab filed to create a “Crypto Economy ETF” on Thursday, according to regulatory filings.

The largest bank by assets in the United States is investing in a blockchain intelligence firm as the adoption of crypto assets continues to deepen.

Cryptocurrency exchange FTX has launched its inaugural philanthropic fund in a bid to inject digital assets cash into charitable pursuits.

BTC A five-wave move above $40k is in play with stops set at $34.4k ETH A move above $2′658 is in play with stops set at last week’s low of $2′531 Bitcoin Last time we said: ’a move below $32′921 confirming a larger zigzag correction is playing out. Until

Bitcoin has gained 15% in the last week and has erased all losses incurred by the invasion of Ukraine Investors continue to accumulate Bitcoin at low prices and hold for the long-term Derivatives traders are uncertain of near-term price action Macro cycle suggests Bitcoin is in the early accumulatio…

Bitcoin USD daily basis Bitcoin USD chart analysis - 45′000 resistance zone marks preliminary end of the countermovement The reporting week was quite

For now, ordinary Russians may still access services on centralized exchanges, but that may change in the future.

The two pillars of the Ethereum ecosystem did not say which areas were under blockade.

“[The Ukraine-Russia conflict] underscored the need for congressional action on digital finance including crypto currency,” Fed Chair Jerome Powell said in Congressional testimony on Wednesday.

On Tuesday (March 1), a well-known billionaire hedge fund manager admitted being wrong about crypto and said that his firm has to “give serious consideration to being a market maker in crypto.”

“Whoever is on the sanctions list, they won’t be able to use our platform. For whoever is not, they can,” Changpeng Zhao told Bloomberg TV.

The Block’s Frank Chaparro spoke with Multicoin Capital co-founder Kyle Samani.

Bitcoin on-chain analysis, mining analysis, equity-analysis; overview of 2/25/22-3/4/22