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Markets
Blockchain-Based Debt Protocol Obligate Records First Bond Issuance on Polygon Network
Swiss commodities trading firm Muff Trading AG issued corporate bonds using Obligate’s decentralized finance platform, which is set to open to the public on March 27.

Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound
The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.

On-Chain Indicator Suggests Bitcoin, Ether Are Trading at a Discount
Traditionally, higher NVT ratios indicate that an asset is becoming more expensive, while lower NVT ratios indicate the opposite.

First Mover Americas: Bitcoin Holds Steady at $28K Before Fed Meeting
The latest price moves in crypto markets in context for March 21, 2023.

Bitcoin's Price Rally Driven by Americans' Safe Haven Bid: Matrixport
The U.S. trading hours continue to be a major source of bullish pressure for bitcoin.

Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
Auros, the trading firm that lost $20 million in FTX’s implosion, was released from provisional liquidation by a British Virgin Island court after major debt restructuring and the investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.

Bitcoin, Ether Trade Lower After Breaching Technical Indicator
The proximity of the breach to the upcoming Federal Reser ve rate decision could stymie activity in the short term. BTC is also showing an increasingly inverse relationship to the U.S. dollar ahead of the announcement

First Mover Americas: Bitcoin, as Safety Play, Climbs Past $28K
The latest price moves in crypto markets in context for March 20, 2023.

Cryptocurrency Market Set for More Upside After Bank Problems: Bernstein
The current environment is the perfect setting for the decentralized-financial system to stand out as an alternative to traditional banking, a report from the firm said.

Cryptocurrency Outlook Is Strengthened by U.S. Banking Turmoil: Coinbase
More people now appreciate the fundamental value proposition of having an alternative to the traditional financial system, the report said.
