Second-worst Day ever for Crypto, Tariffs spook Markets, Reserve coins tank
About this episode
U-turn in markets sends crypto crashing. Second-worst day for crypto ever. ‘Reserve coins’ all dump 20%+. Fear & Green index back to 24. Crypto leaders chide XRP, ADA inclusion in reserve. Rationale for ETH, SOL in reserve unclear: Bernstein. ETH/BTC ratio hits another 4-year low. Crypto ETPs see $2.9b outflow in 3-week streak. $1.4b Bybit funds laundered through Thorchain. Rumours of tax breaks for crypto announced Friday. BTC will go to $200T: Saylor. Hyperliquid ‘insider’ up $81m on ETH short. SEC introduces crypto task force members. SEC to drop case against Kraken. Coinbase probes cost of SEC’s ‘war on crypto’. NYSE Arca proposes rule change to list DOGE ETF. Tether appoints new CFO to improve transparency. SBI in Japan to support USDC. Australia has no plans for crypto strategic reserve. Vietnam to introduce crypto regulations in March.
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