GM Seedphrasers 👋 the steak knife to help you cut he fat out of crypto. We bring the juicy stuff with fries daily.

📓 Today’s Agenda:

• 🔥 HOT HEADLINES

• 🔨 A WORD FROM JEROME

• 📝 MAKING MONEY IN A BEAR

• 🏎 FORMULA ONE IS SUFFERING

🔥 Hot Headlines

📉 Crypto & The Markets:

• Elon Musk Says Twitter Can Become the “Biggest Financial Institution Globally”- See how

• Silvergate Collapse Spelling Rasing Regulatory Concerns - Learn More

• Binance to Buy Voyager Digital Assets - Learn More

• WeChat Integrates Digital Yuan Into Its Payment Platform - See How

🖼️ NFTs:

• Magic Edens Adds Support for Debit or Credit Card Purchases - Learn More

• Blur captures 84% of ETH-based NFT transactions in the First Week of March - See How

• CryptoPunks Never Sold Before Now Selling on Blur - Learn More

• The Yuga Labs Affiliate Badge is Now live On Official Brand Accounts - Check it Out

🔨 A WORD FROM JEROME

What happened: Yesterday, Mr. Powell spoke on Monetary Policy before the Senate Banking Committee.

The topic? Higher-than-expected interest rates, uneasiness regarding inflation, and how Congress needs to raise the debt ceiling. (As if we didn’t know this)

As far as crypto points are concerned, hear it from him here:

Why people are worried: His speech conveyed a message of uncertainty within the government's current monetary system. A few months ago, Powell expressed that operations were going smoothly and that a soft landing could be possible.

But now, after yesterday's speech, with the mention of higher-than-expected interest rates, uneasiness regarding inflation, how Congress needs to raise the debt ceiling, and even the mention of potentially integrating stablecoins into the US monetary system, it's evident that things aren't going as smoothly as initially conveyed.

The Takeaway: Expect significant volatility over the following weeks. This speech single handily installed a fair amount of uncertainty and fear into the markets, as shown by the current dump across the board in cryptocurrency & overall markets.

📝 MAKING MONEY IN A BEAR

Over 90% of day traders lose money, and less than 1% are profitable. However, those who build products or services make money regardless of market movement.

The biggest problem for most aspiring builders is not knowing where to start. So let's change that!

By the end of this, you’ll understand how to:

1. Create Multiple Income streams from Web3

2. Develop New Skills for web3

3. Build Your Network

➡️ Multiple Income streams

Combining your passion with your skills allows you to find your purpose.

With sacrifice, you can cultivate that purpose into a side hustle, relieving the financial pressure of a traditional 9-5. Popular side hustles in Web3 include community managers, newsletters, sponsorship/advertisement, ghostwriting, etc.

➡️ Develop New Skills

We, humans, are inherently scared of things we don't understand. However, learning new skills is the fastest way to build your brand or side hustle. You are investing in yourself, which in the long run is far more profitable than that new degen mint.

You can develop new skills and knowledge by simply blocking off 15-30 minutes daily. This time would be dedicated to reading and researching new topics like video editing, coding, or content creation(We’re hiring).

Think about it as adding new weapons to your arsenal.

➡️ Build Your Network

“Your network is your net worth” is a highly overused term across all sectors of the world.

However, that does not make it any less valid. Taking 20-30 minutes a day to reply, comment, and DM prominent accounts across socials can create various partnership or sponsorship opportunities. In a bull market, those prioritizing connections now will be leagues ahead of newbies or those who left and came back.

To learn more, check out the following thread by NFT_GOD, where he provides ten additional tips for building in Web3.

🤝 Together With CowSwap

 Better than the best prices, Moooo 🐮

CoW Swap is a Meta DEX aggregator that allows you to buy and sell tokens using gasless orders that are settled peer-to-peer among its users, or into any on-chain liquidity source while providing MEV protection.

Trades can be settled via underlying on-chain AMMs directly or via DEX Aggregators, depending on which pool/path offers the best price. It is thus essentially acting as a DexAggregator of the DexAggregators.

In addition to that, before finding the best price for a trade from available on-chain liquidity, CoW Protocol first seeks a coincidence of wants within the existing batch to offer an even better price than any pool can.

CoW Swap finds the best prices and improves them with P2P matching and MEV protection. It’s the smartest way to trade.

🏎 FORMULA ONE IS SUFFERING

What’s happening: Formula One Crypto Sponsorships have fallen 60% from 2022. This number will likely continue to fall as regulation and uneasiness in the crypto space heat up.

Why it Matters: Formula One is a very prominent and high-class sport. Sponsorships for these types of cars are highly respected and get recognition globally.

The fact that major brands such as Ferrari, AlphaTauri, and Williams are dropping all associations with crypto-related companies creates a bad look for crypto. (we’re not happy about it)

Bullish or. Bearish? Although Formula One teams dropping crypto sponsorships isn’t the end of the world, it's still a bearish sign for crypto and its relationship with the Formula One scene.

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😂 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 be careful and do your own research.