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Web3M
03-10

Crypto moved fast this week. Here are the signals worth paying attention to 👇 Tom Lee’s BitMine bought 60,976 ETH worth about $122M. Michael Saylor’s Strategy added 17,994 BTC worth $1.28B. In DeFi perps, one app dominates the entire market: Hyperliquid generates ~70% of total sector revenue. Project updates to watch: • $VIRTUAL Virtuals teased a permissionless agent commerce product • $HOME DeFi App preparing an all-in-one DeFi platform launch • $ME Magic Eden shutting down Ethereum and Bitcoin NFT marketplaces March 9 • $GMX confirmed cross-margin trading mode coming • $RUNE Thorchain integrating Polygon for native cross-chain swaps • $ETHFI EtherFi revealing its roadmap March 11 during Analyst Call Other major developments: • Solana launching on-chain IPO shares through Backpack • Kraken became the first crypto company with access to the Fed payment system • Trump criticized banks trying to block stablecoin yield • MetaDAO launched Futardio, a permissionless Solana launchpad • USDai raised $19.4M in its ICO If this thread helped you stay ahead, a like and repost is appreciated 🫡

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