🚀 CMC Market Pulse: Crypto Strategic Reserve Established
Trump announces strategic reserve! MetaMask upgrades! SEC drops cases! Prepare for White House Crypto Summit!
Let's unpack this week's crypto market 🧵👇
1/6
📉 Market Overview:
Total crypto market cap rises to $3.048T from $2.917T. BTC down 4.04%, ETH dips 4.51%. $1.2B in longs liquidated early week after Trump announcement. SEC continues dropping cases against major crypto companies. El Salvador keeps buying BTC despite IMF constraints.
2/6

📰 US Crypto Reserve:
Trump announces strategic reserve naming XRP, ADA, SOL (later adding BTC, ETH). Executive Order establishes reserve funded via asset forfeiture. Price action resembles 2019 "Xi candle". White House Crypto Summit set for March 7th to provide further clarity.
3/6

🗓 Major Updates:
MetaMask unveils major upgrades with BTC/SOL support. Danny Ryan leaves Ethereum Foundation for a new venture. Hyperliquid expands the validator set. MegaETH announces testnet. Sui partners with Trump's World Liberty Financial. Cronos reverses 70B CRO burn.
4/6
🚀 DeFi & Memes:
Aave proposes tokenomics upgrade. Uniswap allocates $165.5M to attract users. SEC declares memecoins not securities. Ronaldinho launches STAR10 token. Pendle opens access to community deployed assets.
5/6

💰 Fundraising & Airdrops:
Across raises $41M, Flowdesk secures $52M. Zora announces token for Spring 2025. Elixir and RedStone release airdrop checkers. Dolomite lets users verify DOLO allocations.
Stay informed, stay ahead:
6/6

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