CRYPTO DIGEST

🗓 Tuesday 15.03.22

📌 Shiba Inu became the 3rd most held token of Ethereum network

Just recently another whale bought SHIB coins worth $1 million. The coin took the 3rd line among the most popular holdings of the Ethereum network. It managed to surpass USDT, USDC, Polygon (MATIC), Decentraland (MANA) and other notable competitors. The only ones who managed to beat the rally are FTX Token and Ethereum (ETH).

📌 Trading volumes on Coinbase dropped for the month

Two consecutive months of declining trading volume could weaken Coinbase’s position among other wallets. Unlike other platforms that have shown year-over-year growth in trading volume, Coinbase, recorded a sharp decline. Compared to February 2021, trading volume is down 27%. Relative to the peak in May 2021, the exchange lost 42%.

📌 Biden’s executive order sparked demand for anonymous cryptocurrencies

That’s the conclusion reached by analytics firm Kaiko. According to the published data, the volume of trading in anonymous cryptocurrencies soared soon after the United States stepped up its efforts to regulate the cryptocurrency market.

📌 Test merge of Ethereum’s PoS and PoW algorithms is scheduled for Thursday

Ethereum Foundation developers have set an exact date for the testnet fusion of PoW and PoS algorithms, which will take place on March 17 at Kiln testnet. If there are no problems or glitches in the conversion process, the new network will be the first stable and publicly available ETH 2.0 testnet.
A successful merger could lead to the growth of the cryptocurrency market.

🔥 Rate:

🪙 Bitcoin — $38 610,20 (-2,67%)
📈 S&P 500 — $4.203,10 (+0,72%)
🌕 Gold — $1.920,53 (-1,55%)
⬛️ Oil Brent — $99,28 (-7,13%)