Followin Daily (March 20)

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Today's market

Bitcoin $27518 - 28244 (+2.57%)
Ethereum $1793 - 1784 (-0.52%)


daily news

- More than 80 cryptocurrency companies eyeing Hong Kong

-Data: Arbitrum Bridge has over 1 million ETH

- CME Fed Watch: The probability of the Fed raising interest rates by 25 basis points in March is 65.7%

-Google Trends over the past two weeks shows a spike in searches for terms like "banking crisis" and "bank run"

- SPACE ID releases AirDrop rules: over 290,000 addresses are eligible to receive, open for application on March 22

market related

Weekly Token Unlocking Report|ARB tokens are officially unlocked, and the initial unlocking ratio reaches 55.53%
The Arbitrum token ARB will unlock 5.553 billion pieces on March 23, accounting for 55.53% of the total supply.


Today's Hot Spot

GMF: Expand the balance sheet by 300 billion U.S. dollars, and the Fed restarts quantitative easing?
Currently, the Fed provides Liquidity through three channels

Why Ex-Coinbase CTO Bet Publicly That Bitcoin Will Soar to $1 Million in 3 Months
Former Coinbase chief technology officer Balaji Srinivasan bet on Friday that bitcoin prices will benefit from a rapid depreciation of the dollar over the next three months, surging to $1 million by June 17.

In-depth article

Partner of Dragonfly: In-depth review of the 2022 crypto market crash
What do the events of the Great Rout have in common? Why did it happen and how to avoid it?


Encryption Science

How to judge the crypto bull market or bear market through MVRV?
What other lesser known features of the MVRV indicator?

55% of the total amount of ARB will be unlocked directly? See how ArbitrumDAO is planned?
Recently, there have been rumors in the community that 55% of the total ARB tokens will be unlocked simultaneously during the AirDrop, but there are obvious misunderstandings

project opportunity

Five Real Yield Projects to Watch: ARC, Pendle, Liquity, FactorDAO, and Radiant
The Real Yield Protocol may become an important option for DeFi investors.

AirDrop with fire ecology: Inventory of 30 innovative projects on Arbitrum
A large amount of funds may pour into the Arbitrum ecological project, making Liquidity"increase all boats".


Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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