📊 glassnode: By isolating the age groups of short-term holders, we note the ongoing transfer of wealth to the STH cohort, typical of the transition cycle.

🖼 #AVAX Avalanche Foundation launches Avaissance, a ground-breaking NFT initiative featuring artist residencies for 50 digital creators
medium.com

🗽 Users of VPNs and similar technologies could face a 20-year prison sentence in the US under the new law. beincrypto

📊 CryptoQuant: Reasons for the slowdown in the price rally #BTC:
- Short-term holders decide to sell #BTC and get some profit or go to 0;
- The whales spent more than their #btc, than usual, когда цена была около 28 тысяч $. В результате их ежедневные траты превысили 320 тыс. #btc, достигнув 34%, что является самым высоким показателем с 22 декабря 2019 года;
- the realization price of 6-12-month-old coins ($26.8k) seems to define the midpoint of the new price range that BTC reached recently. It functions as a support and resistance level when volatility increases.

🇨🇱 Latin American e-commerce giant Mercado Libre is expanding crypto trading in Chile.
The company launched the service in partnership with regional crypto firm Ripio. coindesk.com

🥳 Saudi Arabia enters into a trade alliance with China, Russia, India, Pakistan and four Central Asian countries to further move away from dependence on the US dollar.

🐳 Sentiment: Since February 22, the number of addresses holding 10+ #BTC has increased by 10,279 (7.1%). The total percentage of available BTC held in these wallets has been fairly stable and has been approaching ATH since September 2019.

🇺🇸 Nelly Liang, U.S. Undersecretary of the Treasury for Domestic Finance, does not believe the digital asset sector should be blamed for the failure of Silicon Valley Bank (SVB) and Signature Bank.
coindesk

👀 Gemini preparing to launch an international crypto exchange

👀 #CEL Paxful will refund Earn users affected by the bankruptcy of Celsius Network. cointelegraph

🇺🇸 US closure S&P500: +1.40% Nasdaq: +1.75% Dow: +1.00%

🍒 Events for tomorrow and the main thing for today in our digest - https://t.iss.one/cryptoattack/19697

🇺🇸 “I think every time a bank fails like this, it’s obvious that the bank’s management has failed, the supervisors have failed, and our regulatory system has failed,” Michael Barr, the Fed’s Vice Chairman for Supervision, told Congress.

👀 Info: Gemini aims to launch overseas crypto derivatives exchange theinformation.com

👀 Informed Sources: Coinbase plans to continue operating in Canada and Binance may exit Canada. coindesk.com

👀 Senior US Treasury Official: Cryptocurrencies Didn't Play a 'Direct Role' in Bank Failures coindesk.com

👀 USDC net outflow exceeded $10 billion this month, with USDT market share hitting a 22-month high. coindesk.com

👀 SEC Chairman: Existing securities laws “cover most of the activity in the crypto market” theblock.com

👀 FTX asks court to deny SBF's request to use company's insurance to pay legal fees theblock.com

👀 The Sui Public Network is launching an ongoing testnet that can continue to run after the mainnet launch. sui.io

👀 Stargate DAO members discuss how to handle the upcoming 1.6 million ARBs at a community meeting. coindesk.com