GM Seedphrasers 👋 the crypto newsletter that’s just as important as your seatbelt, we hold you down when things get bumpy.

📓 Today’s Agenda:

• 🔥 Hot Headlines

• 🚚 Amazon NFTs

• 🌡️ Macro Outlook

• 🪙 Coin of the Week

🔥 HOT HEADLINES

📉 Crypto & The Markets:

• Solana is getting dumped by Blockasset - See why

• SEC shuts down another 100m fraud from Miami - Learn more

• FTX is down another $38 Million - Learn more

• GCR withdrew 39m $USDT from Binance - See why

• Vitalik is selling his sh*tcoins - How much?

🖼️ NFTs:

• Twelve Fold raises 16.5m - See the details

• Momoguro does numbers and teases the future - Learn more

• Moonbirds is helping creators with this reveal - Check it out

• Hermes still hates the Metabirkins - Now what..

• Homedepot is joining the Metaverse - Get the scoop

🚚 AMAZON NFTS ARE COMING

Amazon has decided to go from 2-day shipping to instant delivery.

Never in a million years, we would’ve thought the all-mighty Amazon would be coming into the crypto space, but they are and we’re here for it.

Amazon is launching its NFT marketplace next month around April 24th (date not set) with 15 NFT collections set to be available at launch, the collections have not been announced yet.

The marketplace will be labeled “Amazon Digital Marketplace” and only available in the US. It will allow users without crypto wallets like Metamask to buy NFTs using credit cards. (Liquidity is coming)

Back in May 2021, eBay added NFTs to its marketplace, and let’s just say there’s not much activity there, do you think Amazon’s marketplace can dominate?

🤝 TOGETHER WITH TENDIES

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Tendies Research was started to remove the barriers preventing individual investors from accessing the research banks and hedge funds use to make decisions. We’ve built a team of former industry professionals, from Bloomberg, UBS, Morgan Stanley, and others to bring daily insights to your inbox, for free.

Our coverage spans across multiple sectors and categories. Commodity articles cover the latest energy, metals, and agricultural news.

Economics coverage provides weekly market reviews with key macro- and micro-economic market drivers. Equities coverage spans across sectors like Banking, Consumer Technology, Healthcare, Biotech, and Retail.

Thought provoking Opinion pieces dive deeper into topics few outlets cover, and Special Reports provide distilled, institutional quality equity research to our readers.

🌡️ MACRO OUTLOOK

➡️ MACRO

What went down: Last week, CPI (Core Price Inflation) and PCE (Personal Consumption Expenditures) data were reported above expectations. Which means

• People are still feeling rich and shopping sprees are still happening

• Inflation needs to come down faster

What this means for you: With all the Fed’s interest rate hikes that happened these results show that they’re not working as quickly as intended, and Jerome’s sentiment may turn Hawkish again.

Keep an eye on the market today as Mr.Powell hits the stage.

FUN FACT ➡️ 4 days ago, the entire crypto market collapsed in a matter of minutes. Over $200 million was liquidated within an hour.

Since then, #Bitcoin has traded completely flat.

🗓 KEY DATES IN MARCH

10 March - Mt. Gox Distribution to customers
14 March - CPI Data Release
15 March - PPI Data Release
21 & 22 March - FOMC Meeting
30 March - US 🇺🇸 GDP Report

👀 All eyes on the markets

🏆️ COIN OF THE WEEK: MAKER (MKR)

Maker is one of the earliest projects in the Defi space, created in 2015, MKR is a governance token that allows users to issue and manage the DAI stablecoin, DAI is pegged to the US dollar. As a non-dividend-yielding instrument, MKR lets people vote on how DAI is made and used. If DAI does well, MKR does well.

This week, Cogent Bank proposed borrowing $100 million in DAI stablecoin from Maker but was rejected due to the DAO voting 73% against the loan. You can think of MKR as a decentralized bank where the holders of the coin get to vote on how the bank operates.

🤑 How’s it performing? Maker (MKR) is standing out as a top performer and has seen an impressive 34.0% surge in price over the past month riding the overall market uptrend and leading its sector.

🧑‍🤝‍🧑 The founder, Rune Christensen graduated from Copenhagen University with a degree in biochemistry and studied international business at the Copenhagen Business School.

🟢 Today’s Price: $898.77
🟠 Market Cap: $878,789,926
🔴 24hr Volume: $65,020,174
➡️ Where to buy: Binance, CoinW, OKX, Deepcoin, BingX.

😂 Meme of the day:

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please do your own research.