https://www.youtube.com/watch?v=CrerxZZCKEw In the latest crypto market update, Bitcoin experienced a significant correction of 21% to $38.5k, followed by a robust recovery of nearly 40% to $52.9k, showcasing resilience amidst concerns over Grayscale ETF outflows and Mt. Gox repayments.

Spot Bitcoin ETFs have seen positive inflows, with holdings nearing 300k BTC valued at around $14B.

Ethereum crossed the $3k mark, fueled by anticipation around a potential spot ETH ETF and bullish predictions from Standard Chartered.

The Dencun upgrade, introducing proto-danksharding, is set to enhance Layer 2 cost efficiency, with its mainnet launch scheduled for March 13.

Modular blockchains Dymension and AltLayer launched with community airdrops, while projects like Drift Protocol on Solana engage users with points campaigns for future token rewards.

The NFT and gaming sectors are buzzing, with Magic Eden users eligible for "Diamonds" and new games like Mavia and Pixel rewarding players with MAVIA and PIXEL tokens.

Starknet's STRK token airdrop stirred mixed reactions due to its eligibility criteria.

Optimism announced a $41 million airdrop and AI-related tokens surged following OpenAI's Sora announcement and Nvidia's impressive earnings report. Stay tuned for more updates and insights in the crypto space.

#CryptoUpdate #Bitcoin #Ethereum #ETFs #DencunUpgrade #Airdrops #GamingNFTs #AIProjects #MarketRecovery #SpotETF #Layer2Optimization #ModularBlockchains #Web3Gaming

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