March 5: Crypto Summary
ETH gas fees are incredibly low right now. Women leading the crypto space.
Ask not what your token can do for you, but what you can do for your token.
— Jack Butcher
Markets
Here are today’s market moves:
Here's what you need to know:
Ethereum transaction fees below $1
So is this the last chance to flee from an exchange? IDK!
Gas fees have been ~$2, but at one point they were <$1 🤯
Even on OpenSea, gas levels are several notches below normal 👏
This is mostly cause of low volumes on the ETH network and not necessarily cause of L2 layer developments.
Women leading the crypto space ❤️
According to a new study, “women are now outpacing men as first-time purchasers.”
If you’re paying attention, you’d notice that recently people have been very bullish on women NFTs such as World of Women for which the floor price is 8 ETH.
Women-based news stories that made headlines in the recent past:
Reese Witherspoon’s Hello Sunshine, an American media company, has partnered with World of Women NFT to launch an NFT based TV show.
Randi Zuckerberg, sister of Mark Zuckerberg, released a music video of herself in a fur coat singing “Hello” by Adele. The video went viral.
Ever wondered where the rich store their private keys?
At least we know where the Winklevoss twins store their private keys!
If you don’t know who the twins are, click here.
According to Ben Mezrich’s biographical novel “Bitcoin Millionaires”, which chronicles the Winklevoss twins story, the twins split their private key into 3 shards - referred to as “Alpha”, “Beta”, and “Charlie”, which are then stored in fireproof / waterproof envelopes, and stashed in unnamed banks.
To ensure that a natural disaster does not wipe-out one/more of the ‘shards’, they duplicated the process 4 times, in 4 separate time zones for redundancy.
To all you hodlers reading this, take lesson from 2 of the richest BTC investors in the world.
PROTECT YOUR KEYS!
Did you hear?
Google Trends data reveals the hype for the metaverse or NFTs may have started to fizzled in 2022.
Despite crypto ban, China still accounts for 10% of Bitcoin transactions.
Crypto lingo of the day
(To the) moon:
Going up like heck. Going to the moon. Up and only up. Forever.
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