🧘‍♂️Recap: Crypto Week of Mar. 07

Dear Meditators

It’s not that you want to miss the latest crypto news and insights. These things happen.

? Our weekly recaps have you covered. 

Every Saturday, we will highlight the main events of the week ✅ So you can review, reflect and factor them into next week’s trading and investing decisions.

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FRIDAY

• ? BTC Causing Waves? Here we have Bitcoin technical analysis with one other altcoin we think you should be keeping an eye on  Click to find out more. 
• ? I’m Still Here! Polygon (MATIC) is a layer 2 blockchain offering scaling and infrastructure solutions to Ethereum Virtual Machine (EVM) dApps. Their price has been fluctuating but there are some very interesting things happening on their blockchain at the moment. Click to find out what.
• ?‍♂️ DOL Says No to Crypto. Yesterday, the Department of Labor released a notice that they would be launching a program aimed at investigating retirement plans which offer crypto. Click to find out why. 

Full Article

THURSDAY

• ⚓ Terra Refuses To Be Anchored. Here we take a look at the anchor protocol on Terra. Click to see the full report.
• ? Bidens Executive Order. A few days ago we hinted that further regulation of digital assets is on its way. The Executive Order has arrived with 10 key sections outlined. Click to find out all you need to know. 
• ? Adobe levelling up! Adobe’s social network, Behance, is adding support so that users can easily showcase their Polygon-based NFTs. Click to find out more. 

Full Article

WEDNESDAY 

• ? Breaking down the NFT market: Social NFTs. The NFT market can be almost impossible to keep track of. There are a huge number of projects, all with seemingly different value drivers. So how can we break down the NFT market to better inform our trading decisions? Click to find out more.
• ? Holy Grain. Here we go a-grain. Commodities and crypto tokens are in the news again with Santander Argentina announcing a partnership with a startup called Agrotoken. Click to see us sort the wheat from the chaff. 
• ?‍? Blockchain As A Service. The Avalanche Foundation has an incentive program to stimulate development on Avalanche. It’s called Avalanche Multiverse and will be funded by 4 million AVAX tokens. Click to find out more.

Full Article

TUESDAY 

• ? Music NFTs Part 2. The second part of our introduction to music NFTs. Here we get into how you can interact with them and the steps you need to take. Click to read our full guide.
• ?️ Just Enough Space. February saw VCs tighten their belts with total investment dropping below $10 billion for the first time since May’s crash last year. One project that has managed to raise recently though is Space Runners. Click to find out why.
• ? Further Regulation Expected From The White House. According to Reuters, U.S. President Joe Biden is expected to sign an executive order this week. But what is in this order and how will it affect crypto? Click to find out. 

Full Article

MONDAY 

•  ⚜️ Is It Still Fool’s Gold? For our technical analysis, we have BTC, a special altcoin and one other chart you may not expect. Click to find out more.
• ?Vanishing Act. Andre Cronje, one of DeFi’s most prolific developers, has bid adieu to the world of cryptocurrency. But why did he leave? Click to find out. 
• ✋ Visa and Mastercard Suspend Transactions in Russia. On Saturday, Visa and Mastercard joined Paypal in suspending their Russian operations. But how will this affect crypto? Click to find out.

Full Article

Not financial or tax advice. The content in this newsletter is for informational purposes only. Nothing in this email is intended to serve as financial advice. We are not financial advisors. Every investment and trading move involves risk. Do your own research when making a decision. See our important security disclaimers here. 

Disclosure. Some of the links we’ve included are affiliate, they give you rewards and discounts and earn us a commission. Additionally, the Market Meditator writers hold crypto assets. See our investment disclosures here.