The Calm Before the Storm - CRYPTO FRIDAY

---

Hey DEFI TIMES community,

Prices have been flat recently - many newcomers are worried about whether we could have reached this cycle’s top. Prices are simply not catching up with the momentum we have seen in February.

The best way to analyze the market sentiment in crypto is the Fear & Greed Index. To be honest, we are still in the “Greed” phase; however, the current market sentiment feels a lot different from the February sentiment. Even though the Fear & Greed index is sitting comfortably at 70-levels (Greed), we are far away from the extreme greedy areas we have seen in February.   

I see this as a healthy sign: The market needs those setbacks and consolidation phases. Too many people were in profit - life-changing money will always find its way out at some point. 

Boring times like these are a great time to sit back and observe your feelings. If you catch yourself being worried, zoom out and try to see the bigger picture.

In bull markets, you buy the dip and hodl when markets are boring. The bull market is far from over. 

Our very own Dot-Com-like bubble is just starting. It’s the calm before the storm.

---

Subscribe to our newsletter to level up your crypto game!

---

Optimism DAI bridge

Sam MacPherson @sgmacpherson

The MakerDAO community is excited to announce the Optimism Dai Bridge which solves the 1 week withdrawal problem for optimistic rollups. Here's how it works: 1/

MakerDAO has announced the Optimism DAI bridges, which allow for easy layer two to layer one withdrawal from Optimism.

USDT insurance

Unslashed Finance @UnslashedF

➡️ We are starting our Policy Roll Out today! ⬅️ 🔥And we are going BIG, almost as big as the whole DeFi TVL! 📣We are listing the first ETH backed insurance policy covering the USDT peg and this is a very BIG deal!! Thread 👇👇👇👇

Unslashed Finance is listing an insurance policy on USDT.

Nexus Mutual Bonding Curve

Nexus Mutual 🐢 @NexusMutual

We use a continuous token model which means the NXM token price depends on how the mutual is performing. @dandroid9000 has been working on improving it for our members 🐢 Read more 👇🏼 medium.com/nexus-mutual/o…

medium.comOur bonding curve has been improvedThe NexusMutual token bonding curve implementation was upgraded! What does that mean for you, and why was it done in the first place? We’ll be diving into the details in this article. First a quick…

Nexus Mutual’s bonding curve will be improved, which results in less gas being used and better calculations.

Sushi added to Coinbase

Coinbase Pro @CoinbasePro

Inbound transfers for MATIC, SKL and SUSHI are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Thursday March 11 , if liquidity conditions are met. blog.coinbase.com/polygon-matic-…

Sushi has been added to Coinbase Pro. Interestingly, Coinbase supports the growth of its decentralized competitor!

Dodo recovers

DODO DEX @BreederDodo

📣 UPDATE: $1.89 million has been recovered and our team is in the process of returning these funds to the affected parties. ~1,139,456.20 USDT and 411.05965 ETH have been recovered (see below for the txs). etherscan.io/tx/0x6e743db04… etherscan.io/tx/0xa0c522f31…

Approximately $1.9 million dollars were recovered after the recent Dodo hack!

Taco Bell NFTs

Taco Bell @tacobell

Our Spicy Potato Soft Tacos can now live in your hearts, stomachs and digital wallets. rarible.com/tacobell

Taco Bell has released its own NFTs. NFTs seem to be a great way to do marketing nowadays…

---

---

All information presented above is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This article's content solely reflects the opinion of the writer, who is not a financial advisor.

Do your own research before you purchase cryptocurrencies. Any cryptocurrency can go down in value. Holding cryptocurrencies is risky.

---

Some recent tweets

DEFI TIMES @defitimes

DeFi tokens are a catch right now. Attention is on NFTs, but DeFi will come back 🚀

DEFI TIMES @defitimes

We are excited to have Chandler from @UMAprotocol on our podcast! Topics discussed: 🚀 What are synthetic assets? 🔥 How you can use them in the DeFi ecosystem ✅ Where will Uma be in five year? podcasts.apple.com/de/podcast/def…

podcasts.apple.com‎„DEFI TIMES - Bitcoin, DeFi & NFT News“ auf Apple PodcastsThe blockchain agnostic crypto and DeFi podcast! Listen to comprehensive news, interviews, and thought pieces every day!

DEFI TIMES @defitimes

We see two main narratives in this bull run: 1. DeFi 2. NFTs It seems like NFTs are way more suitable for the mainstream. Why? People have collected stuff for thousands of years. Same concept, different way!