U.S. inflation slowed, and bitcoin goes to the moon. What's up next?

Hello, reader! The buidlbee community is here. And in this newsletter, we will give you valuable information about current events and their analysis, and promising projects that will help you to profit.

P. S. A delicious bonus awaits you at the end! 🍰

Bitcoin growth continues

Professional trader @opsec_crypto wrote this morning when Bitcoin was worth $24k:

In his thread, he gives a detailed rationale for his point of view. And what's interesting about his approach is that he uses rather unconventional and interesting logic. He is absolutely confident that Bitcoin will rise in the coming days, with $26k being the minimum level for the short term. 

As the most recent events show, he was completely right in predicting the trend. He ends his prediction this way:

Buying Bitcoin here is A CALCULATED DECISION! The markets are entering a BUY PROGRAM. Don't miss out on this!!!

New records in the NFT for Bitcoins — Ordinals are coming

Ordinals as a new investment route. A short guide for the first steps into the world of NFT for Bitcoins.

While all eyes are on the rise of Bitcoin, a brand new market based on this blockchain is showing incredible growth rates. Let's talk about the first steps of investing in Ordinals with the example of the collection from Yuga Labs.

A new market is in its birthplace

The latest statistics show almost 500k generated NFTs, with the Bitcoin network showing record-breaking block sizes, and the network has also once again set another record hash rate. The size of the Bitcoin blockchain is growing at an unprecedented rate.

Ordinals are very quickly forming a new art market and making the Bitcoin network very different at the same time. As an example, the new collection from Yuga Labs, which recently finished minting their TwelveFold ordinals onto Bitcoin, 0is of great interest. Now the Yugalabs collection is live on Ordinals Wallet! Sales will start very soon, and considering the incredible success of past NFTs from Yugalabs, this collection could be a great investment (this is not financial advice).

How to navigate in this strange new world

User @LeonidasNFT organized all 300 pieces of the TwelveFold collection by series and ordered them by piece ID for convenience. All of them are now available for review at this link in high resolution (one picture is 25 MB). Now you can conveniently make your selection.

What does the current ecosystem around Ordinals look like?

Here's a map of all the current services collected by user @TehChads:

Where to store Ordinals?

The Bitcoin Ordinal's wallet is a type of cryptocurrency wallet that is designed to provide additional security and privacy features. Trying to get an Ordinal for the usual wallet will either fail or can damage NFT itself because of the specifics of processing this unusual transaction; that's why you need a special wallet with Taproot support. In addition to the already-named Ordinal wallet, the Xverse wallet and the Sparrow wallet are also popular in this area.

Unlike traditional Bitcoin wallets, which use a single private key to access your funds, Ordinal wallets use a series of private keys that are generated in a specific sequence. The advantage of using an Ordinal wallet is that it makes it much more difficult for hackers or other malicious actors to access your funds. This also makes it more difficult for third parties to track your Bitcoin transactions and link them to your identity.

Now let's move on from the market overview to the opportunities. We have assembled several projects that have the potential to be profitable. So it is advisable to read them properly so that you might not suffer from FOMO later on.

👉 Opportunities

🔔 How to claim battle cats NFTs via Base

• The Coinbase exchange has launched a promising L2 blockchain built on open-source Optimism Stack code, called Base. The project has already sparked strong interest. Almost all Tier 1 cryptocurrency funds are subscribed to the Base's Twitter.

• A number of crypto companies, platforms, trading platforms, and infrastructure firms have committed to using Base: Blockdaemon, Chainlink, Etherscan, Quicknode, Aave, Animoca Brands, Dune, Nansen, Magic Eden, Pyth, Rainbow Wallet, Ribbon Finance, The Graph, Wormhole, Gelato, and others.

• In the future, the blockchain will be integrated into Coinbase's exchange, wallet, NFT marketplace, and developer products, and will also be compatible with other blockchains outside of Ethereum. The Base has already had conversations with teams building on Solana, Avalanche, Polygon, etc.

So there is a chance to enter a high-potential project at the very beginning.

Here's what to do:

• Get a test ETH in Goerli.

• Go to testnet and make a deposit from Goerli to Base and back. Leave half of ETH in Base.

• Deploy smart contracts. To do this, go to the site, fill in the lines Name and Symbol, Premint, and specify the number of tokens (for example, 1000), add features for our token, and click Open in Remix. On the Remix website, click Compile Contract. A green check mark should appear in the confirmation. Go to Deploy & Run Transactions, in the Environment line, select Injected Provider (make sure that the Scroll Alpha Testnet is in Metamask), then click Deploy and confirm the transaction in MetaMask.

• In MetaMask, use the Base Goerli network.

• Join the Guild and Discord channels and complete tasks. Take Day 1 Adopter and Based and Optimistic roles that are available to NFT owners.

• Take the NFT from Esports Introduced, only have to pay for gas.

• Testing Cat Attack NFT. Connect the wallet, press Claim Kitten, then Transfer, etc. perform all actions through the button. You have to have a Ninja Cat with which you can attack other cats. Find them here. To do this, you need to copy the wallet and attack. Any new information will be displayed here: Discord, Twitter.

🔔 Bitcoin: the pumping will not last long?

The largest single bitcoin deposit on an exchange since the collapse of Luna - more than $500 million - came from Binance, according to Glassnode.

Santiment analysts also noted that bitcoin gained ground amid the Silicon Valley Bank collapse and a falling dollar. 21,524 BTC were assured on exchanges again, the most since September 13, 2022. Traders are locking in profits while they can.

However, such an inflow of BTC on exchanges may be a signal of the coming dump, or the coming correction, which will lead to a decrease in the price. Often, bitcoins are transferred to exchanges for their further sale.

👉 Answer a fast question and get a chance to win ETH tokens.

What will be the bitcoin price on March 15 at 12:00 UTC❓

• The award will go to the person who comes closest to the real figure. We'll choose the winner tomorrow in our next newsletter. Good luck!

Thank you for taking the time to closely read the information we've carefully prepared for you. We wish you profits and X's!

See you tomorrow at the same time.

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