EY, ConsenSys, and Microsoft have launched Baseline, a protocol aimed at businesses and enterprises that want to use Ethereum’s public blockchain in secure and private ways.

Market Cap: : $175,674,012,793 •  24h Vol:  $97,298,597,068 • BTC Dominance: 64.9%

Dear Reader,

We are living in truly unprecedented times.

While it is unclear where the markets will ultimately go, it is ideal to gather perspective on the best and worst-case scenarios for the top three altcoins by market cap—Ethereum, XRP, and Litecoin—to protect against uncertainty. 

The meltdown seen across most financial markets, including the cryptocurrency industry, sent investors into a state of panic. But what about altcoins?

Rumors that Bitcoin miners are ready to throw in the towel have been making the rounds in the cryptocurrency world. But how accurate are these claims?

The crypto space has been hard debating whether Bitcoin miners will soon capitulate. This debate, however, fails to make a distinction between large and small mining farms. 

Such a distinction is critical, especially for investors with deep pockets.

Huobi has implemented a circuit breaker on its futures trading platform, Huobi DM.

Huobi DM, the futures trading division of the global exchange, will implement a partial liquidation mechanism to prevent a full liquidation in the event of rapid market swings.

Liquidations will be halted through a circuit breaker function, which will be activated when it detects large or rapid price movements.

Coase, a blockchain development company led by Tezos co-founder Kathleen Breitman, is preparing to launch its first product—an online collectible card game called Emergents.

Crypto news site CoinDesk unveiled some of the first details of the game in its Mar. 18 coverage.

After Coinbase fled the state due to “untenable” crypto regulations, Hawaii is now reconsidering its position. A press release indicates that the state will open its beaches to blockchain firms and explore new policies to turn Hawaii into an “early adopter.”

The state of Hawaii may soon open its crypto beachhead. 

Traders holding the heavily leveraged BULL tokens saw massive losses when Binance failed to update the token’s price for more than three hours. Dozens of traders called on Binance and FTX, the exchange that issued the tokens, to reimburse them for their losses.

After brutally losing half its value, metrics show that the carnage for Chainlink is not over. Several indicators point toward LINK falling another 50%.

Among the top 20, Chainlink suffered the most during the recent market downturn. Its price plummeted over 70% after peaking at $5 at the beginning of the month. Even though multiple technical indicators forecasted the pessimistic outlook, it was unreasonable to predict that LINK would have gone as low as $1.5.

On-chain analysis and developments among payments platforms suggest the Bitcoin bloodbath may yet have a silver lining.

Fears of widespread economic decline due to the coronavirus pandemic led to a broad market sell-off last week in both equities and crypto markets which continued into this week.

Both sell-offs were harsh, but crypto was a bloodbath.