tl;dr
• China’s Retaliation Against U.S. Tariffs Triggers Crypto Market Decline: China’s response to U.S. tariffs, including an antitrust probe into Google, leads to a $2.2B crypto liquidation, with Bitcoin showing relative resilience.• Coinbase Legal Officer to Testify Before Congress on Crypto Banking R...
• China’s Retaliation Against U.S. Tariffs Triggers Crypto Market Decline: China’s response to U.S. tariffs, including an antitrust probe into Google, leads to a $2.2B crypto liquidation, with Bitcoin showing relative resilience.
• Coinbase Legal Officer to Testify Before Congress on Crypto Banking Restrictions: Coinbase CLO Paul Grewal will testify on allegations that regulators pressured banks to sever financial services for crypto firms.
• Coinbase Listing of ETHFI and TAO Sparks Price Surge: Coinbase adds Ether.fi (ETHFI) and Bittensor (TAO) to its listing roadmap, causing both tokens to surge over 30% due to increased accessibility and liquidity.
• Ethereum’s Petra Hard Fork to Double Layer-2 Network Capacity: Vitalik Buterin supports Ethereum’s Petra hard fork, which will double Layer-2 capacity and increase blob space, with implementation set for March.
• FET Whales Show Mixed Signals Amid AI Token Decline: FET price has dropped over 40% in a month, with mid-sized holders selling while larger whales accumulate, creating uncertainty about its future price movement.
• Ghana Urged to Regulate Booming Digital Asset Market: Experts call for Ghana to implement clear regulations for digital assets, including licensing, KYC, and AML policies to attract investors and protect users.
• Trump-Linked World Liberty Financial Moves $212M in Ethereum: The DeFi project linked to Donald Trump transfers large ETH holdings to Coinbase Prime, sparking speculation but denying asset liquidation rumors.
• BitMEX Founder Predicts Bitcoin Drop to $70K Before Soaring to $250K: Arthur Hayes forecasts a Bitcoin dip to $70K before rallying to $250K, with Solana potentially falling to $150 before recovery.
• Canadian Man Indicted for $65M DeFi Fraud: A 22-year-old Canadian is charged with manipulating DeFi protocols KyberSwap and Indexed Finance, allegedly laundering stolen funds through false identities.
• THORChain Approves $200M Debt Conversion Plan: THORChain governance approves Proposal 6 to convert defaulted debt into TCY equity tokens, with affected users receiving 10% of protocol fees indefinitely.
• In light of food supply prices on the rapid rise, are you still buying stuff?
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