Second-worst Day ever for Crypto, Tariffs spook Markets, Reserve cash tank
U-turn in markets sends crypto crashing. Second-worst day for crypto ever. ‘Reserve cash’ all dump 20%+. Worry & Inexperienced index again to 24. Crypto leaders chide XRP, ADA inclusion in reserve. Rationale for ETH, SOL in reserve unclear: Bernstein. ETH/BTC ratio hits one other 4-year low. Crypto ETPs see $2.9b outflow in 3-week streak. $1.4b Bybit funds laundered via Thorchain. Rumours of tax breaks for crypto introduced Friday. BTC will go to $200T: Saylor. Hyperliquid ‘insider’ up $81m on ETH brief. SEC introduces crypto job drive members. SEC to drop case towards Kraken. Coinbase probes price of SEC’s ‘conflict on crypto’. NYSE Arca proposes rule change to listing DOGE ETF. Tether appoints new CFO to enhance transparency. SBI in Japan to help USDC. Australia has no plans for crypto strategic reserve. Vietnam to introduce crypto laws in March.