GM Readers. Your daily dose of BitDegree insights is ready 👀

Today's selection:

🔒 Bitcoin is settling down?
📜 Web3 Exam with $130K Prize Pool?
🗣️ Expert Talk
📰 Bite-Sized News
👌 Meme of The Day

Find out more about the Fear & Greed Index here. Prices as of 10:00 AM EST. Click here to see live data.

Stock markets got a boost yesterday thanks to some unexpected good news about low inflation in the USA.

But what about our crypto pals, BTC and ETH? Well, they kind of hit pause on their exciting journey.

BTC took a dip, almost touching the $35,100 mark, but it's like a rollercoaster trying to climb back up.

In simpler terms, the stock market had a good day, but BTC and ETH decided to take a breather. BTC took a little tumble, but it's bouncing back, and more people are getting in on the action.

Crypto Futures Stabilize as Bitcoin Slips to $35.1K

Let's break down this down into pieces:

Market Swings:
- Cryptocurrency futures experienced major swings.
- Open interest surged to $35 billion over the weekend as traders made highly leveraged bets.
Fees and Sentiment:
- Traders paid hefty fees, up to 0.5% every eight hours, to maintain long positions.
- Shifting sentiment led to a market drop, with nearly 90% of bullish bets liquidated.
Back to Normal:
- Liquidations signaled a possible market turning point.
- Funding rates have returned to typical levels, around 0.01% on most exchanges.
Positive Signs:
- Despite the turbulence, crypto markets gained 6% last week.
- Expectations of a U.S. Bitcoin ETF approval and BlackRock's Ethereum (ETH) ETF filing added to the optimism.

At least some positive signs, right? Let's wait for more updates about Bitcoin ETF approval and big players like BlackRock showing interest in Ethereum.

Web3 Exam With a $130K Prize Pool!

You heard that right! We're launching the best learning experience in the Web3 world!

Whether you're a PRO or just starting to learn everything about crypto and Web3, this is definitely for you!

Here is what you'll get:

A gamified learning experience like nowhere else.
A chance to win more than $130K worth of prizes. Learn and Earn!
NFT certificate and access to our community.

More details on our website, sign up today and don't miss this opportunity!

Expert Talk + Question For You 👇

In the last episode, Danielius (BitDegree Co-Founder) and Jong-Chan (Venture Manager at BFG) discussed an interesting topic on how to launch a Web3 startup with an Accelerator.

If you missed this one, I suggest to go and check this out 👆