*📊 MIDWEEK DIGEST: Crypto Liquidation Chaos, MicroStrategy Rebranding, Czech Bitcoin Reserves & India New Crypto Rules*
Another week, another round of big crypto updates! From massive liquidations shaking the market to global shifts in how nations view Bitcoin, let’s dive into the most talked-about stories right now:
*😱 Crypto Doomsday: Insane Liquidations Erase Fortunes Overnight*
On February 3, the crypto market lost a huge $560B (!!!) with $2.2B in liquidations, affecting over 700,000 traders.
All this happened after Trump introduced new tariffs (25% on Mexico/Canada, 10% on China), sparking fears of a trade war. This crash is worse than FTX, LUNA, or COVID! Worst day of liquidations in history💀
The market's starting to bounce back, but it's still feeling pretty unstable with all the global uncertainty going on.
*♟ MicroStrategy is Now Just... Strategy*
MicroStrategy has rebranded to Strategy, highlighting its focus on Bitcoin and AI. The company’s new logo features a stylized "B" for Bitcoin, and its primary color is now orange.
Strategy is the world’s largest Bitcoin Treasury Company and continues innovating in both Bitcoin and AI.
*🇨🇿 Czech Republic Considers Bitcoin Reserves*
The Czech National Bank is exploring adding Bitcoin to its reserves as part of a diversification strategy. If approved, up to 5% of its $146B reserves could be allocated to BTC. The decision could set a precedent for other nations looking at crypto as a reserve asset.
*🇮🇳 India Rethinks Crypto Rules*
India is reviewing its crypto policies as global regulations evolve. Despite high taxes (30% gains, 1% levy) and strict oversight, adoption is rising. The RBI remains cautious, pushing for tighter control. As major economies shift, India’s next move could reshape the market.
*📣 Share the post, spread the news!*#ChaosToWealth #IndianCryptoTrends #CzechBitcoinReserve #CzechNationalBank #FTX $LUNA
