The major crypto events of the week (March 27-April 3) and a market overview

Also activity rewards, free giveaways, and a prize draw from our edition.

A profitable new week to you, dear crypto fam! The buidlbee team is here with our worthwhile newsletter. In today's issue, you will find the following helpful information:

  • A crypto market overview;

  • Major crypto events list for March 27-April 3;

  • Airdrops and freebies;

  • New tokens and tokens unlock;

  • A new raffle!

Want to know how you can make money from token unlocks? We will give a practical guidebook, "How to make money from token unlocks," to everyone who invites 1 friend to subscribe to the buidlbee newsletter!

The Fed is confused about monetary policy, and crypto is on the rise

The attention of the crypto community last week was focused on the U.S. Federal Reserve's policy speech. Let's summarize what impact the financial regulator's latest decision had on the crypto industry.

Macroeconomic outcomes

After the banking crisis, it was almost clear to everyone that the Fed was trapped and the system was at its limit. It looks like the Fed is going to fight inflation with one hand and hand out money to those who are hurt by this fight with the other. It is clear that as a result of such bizarre and contradictory actions, inflation will rise, which means the price of protective assets will also rise. The Fed balance sheet, which has gone up since early March (and this on the back of a rate hike), is the best indication that the soft devaluation scenario was chosen forcibly.

The chart above shows that the U.S. Fed has pretty much canceled out most of its work in a year of tightening — $400 billion has been thrown into the system in the last two weeks.

U.S. banks took advantage of the Fed's "discount window" and received $150 billion, more than they did during the 2008 crisis. The discount window is just one of the tools the Fed is using today to provide new liquidity to the financial system.

How will it all end?

We believe that the only way out of the economic deadlock in which the U.S. has found itself is through extra-economic means. For example, the last crisis was stopped by throwing a huge amount of money into the economy under the pretext of fighting the coronavirus. The greatest likelihood of the next stage of the crisis is in the fall of 2023.

Moody's rating agency downgraded the banking system and said that shocks in the U.S. banking sector cannot be contained and will happen anyway. The number of contradictions in the U.S. economy is growing, the Feds still prefer to routinely flood everything with money, without solving the primary problems in any way.

This day in history

This guy was paid 32 Bitcoins to stand with a sign saying "Stop the Fed, use Bitcoins" in downtown New York City. March, 2011.

What's next for crypto?

Dangerous events that lie ahead, push smart investors to hedge their capital, including through crypto, which right now shows the properties of a protective asset.

A symbolic signal of the coming mass adoption of crypto is Nasdaq's plans. Nasdaq, the operator of the stock exchange of the same name, announced plans to launch cryptocurrency custody services by the end of the second quarter of 2023.

With a high degree of probability, this preparation means that in the medium term it will lead to the listing of leading cryptocurrencies on Nasdaq itself. Obviously, this event will lead to a huge influx of liquidity to the crypto market and will be a huge industry event.

Major crypto events (March 27 - April 3)

March 27

  • Polygon launches ZkEVM Mainnet Beta - the leading ZK scaling solution that is equivalent to Ethereum Virtual Machine that harnesses the power of ZK proofs to reduce transaction costs.

  • EOS Testnet launch

  • Omchain (OMC) will be listed on BitMart exchange. The following trading pair will be available: OMC/USDT. The current token price is $0.03924 (+5.37%).

  • Helium Network (HNT) migration to Solana blockchain will take place. HNT price is $1.41 (-2.28% in 24 hours).

  • Galileo Protocol (LEOX) listing on LCX exchange.

  • NEO (NEO) will be delisted on Dex-Trade platform.

  • FLOKI (FLOKI) Bitforex listing with FLOKI/USDT pair.

  • Rebel Bots (RBLS) - an NFT marketplace with low costs and fast transactions for sales and rentals will be launched.

March 28

March 29

  • Stratis (STRAX) launches the Ticketsphere, the next-generation NFT ticketing platform.

  • Bistroo (BIST) public utility testnet release. This means that YOU will be able to test how using $BIST to order will work.

  • MultiversX (EGLD) - XWorlds first glimpse goes live.

  • Aleph Zero (AZERO) - smart contracts will debut on the Mainnet.

March 30

  • Avalanche (AVAX) will bring Cortina upgrade.

  • Terra Luna Classic (LUNC). DAO Management will cut its newest release and come out of beta.

  • PolkaBridge (PBR) Mainnet launch.

March 31

  • Katana Inu (KATA) game closed Beta release.

  • KRYZA Exchange (KRX) - paid advertising revenue on KRYZA Cryptube.

  • Holdex Finance (HOLDEX) - payment system platform launch.

  • Mina Protocol (MINA) ZkOracles Phase 2 release.

  • Zilliqa (ZIL) will release Web3War V1.0.

Tokens unlock

April 1

  • Acala Network (ACA). 27,4 million ACA or 2,743% of the total supply will be released.

  • STEPN (GMT) will start to unlock 580 000 GMT per day.

  • Cosmos Hub (ATOM) begins to unlock 294 133,33 ATOM per day.

Tokens launchpads

March 28

  • Proton Protocol (PROTON) fair launch vis Pinksale Finance. Price - 0.04 BNB.

March 29

  • Alaska Gold Rush (CARAT) Initial DEX Offering (IDO) on BinStarter. 3,333,333 tokens will be available at a price of $0.03.

March 30

  • Coniun (CONI) will sell 7,000,000 tokens via Seedify for $0.045 each.

March 31

April 1

  • DCOMY (DCO) Initial Exchange Offering (IEO) on P2PB2B with $0.075 price.

Crypto and NFT freebies

March 27

March 28

  • AI DAO Network (AOS) airdrop to OpenDAO (SOS) holders. Snapshot time 00:00 (UTC) on March 28. According to the official AI DAO Network token distribution settings, airdrops follow the exchange rate of 10,000 SOS = 1 AOS.

April 1

  • Liberty Finance (LIBX) airdrop $1,800,000 worth for Gather (GTH) holders and testnet participants, based on snapshots.

Answer a quick question and get a chance to win ETH tokens.

Will BTC reach $28k on March 28 (12:00 UTC)❓

Thank you for being a buidlbee subscriber. Have a productive week and successful trades!

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