Everything has been increasing since last week.
Except for $AAVE which had a -3.1% decrease. It saw its big move last week hitting a recent high on 03/19/2022.
Bitcoin is up +3.2%. It has been on an uptrend since 03/14/2022.
Recently, there have been large outflows of Bitcoin from exchanges. The thesis is when Bitcoin is held on an exchange it’s there to be sold. When it’s in a wallet, it’s there to be hodl’d.
Also, Terra’s founder has stated Terra’s treasury will buy up to $10 Billion worth of Bitcoin.
During this uptrend, we’re watching the $56K CAD resistance level to see if it holds.
We’ve seen massive moves from $ADA (+31.8%), $SUSHI (+22.3%), and $BCH (+20.9%).
$ADA recently increased their total value locked (or TVL) from $130 Million to $400 Million. Almost doubling after the release of Minswap (an automated market-making or AMM)
Last week, $SUSHI launched Trident DEX on Polygon. Offering AMM functionalities on the Polygon ($MATIC) blockchain.
$BCH is being considered as a possible legal tender in St. Maarten.
If you’re looking to trade the latest market moves, tap on the ‘Access Your Account’ button below.
Thank you for reading.
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Self-custody (or cold storing your crypto) provides complete control of your crypto via a personal private key.
This can leave you exposed to theft or loss (human error).
But, if now is the time to self-custody your crypto or you just want to learn more…
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Read The Guide
I hear two things are certain in our lives – Death and Taxes. Bitbuy can’t solve either.
But, we can potentially help make your 2022 tax situation a little clearer. Hence why we created our Canadian Tax Guide for 2022.
So, give it a read when you have a minute.
Check Out The Tax Guide