Metamask & Moonpay Partner and DeSantis Proposed Legislation Banning CBDC's

Market Update Crypto and traditional markets moved higher today at the time of writing - $BTC was up 0.72%, $ETH was up 4.58%, and SPX and NDQ are up 0.74% and 0.50%, respectively. After a strong Bitcoin dominance run the past month, altcoins are beginning to show signs of life versus bitcoin. The ETH/BTC ratio is up 3.80%, and altcoins such as $FTM, $LTC, and $SOL are outperforming BTC today - up 6.70%, 5.11%, and 3.89% at the time of writing. Ethereum Layer 2, Arbitrum, has seen significant activity leading up to the $ARB airdrop this Thursday. The chain's TVL has nearly doubled in 2023 and is now at $1.85 billion. Many lower market cap tokens on Arbitrum have also been rallying this week as investors anticipate the $ARB airdrop will inject liquidity into the ecosystem. These tokens and their performance can be found here on DefiLlama. Crypto wallet, MetaMask, has partnered with payment company MoonPay to allow users in Nigeria to buy cryptocurrencies directly from their wallets using local bank transfers. The integration aims to make it easier for Nigerians to buy crypto. Currently, a ban by Nigeria's central bank prohibits commercial banks from servicing crypto exchanges. Many Nigerian banks have also suspended using their debit cards on international exchanges. These r