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 🫡