The Real Reason Bitcoin Dropped to $67,000 Overnight
Strategy, the world’s largest corporate Bitcoin holder, is being dropped from MSCI’s stock indexes under a rule that targets companies built mainly to hold an asset rather than run a business. Scott explains why that’s not what sent Bitcoin down to $67,000 overnight. He also covers new bipartisan SEC and CFTC nominees, a rare moment of regulatory agreement, South Korea’s new power to freeze crypto before a hack is confirmed, and a BlackRock-backed facility giving institutions weekend access to a tokenized fund.
Timestamps
0:00 The Daily Wolf is back after Yahoo Invest
1:21 Strategy just got dropped from a major stock index
3:25 What $2.8 billion in forced selling actually means
4:35 Trump’s new SEC and CFTC nominees
6:33 Two regulators who used to fight are suddenly aligned
7:44 Wall Street’s settlement system starts moving onto blockchains
9:13 SoFi’s bank-issued stablecoin adds a new network
10:47 South Korea just changed when exchanges can freeze your crypto
12:50 BlackRock’s tokenized fund, and a $400 million hack
#Bitcoin #Strategy #Crypto #DailyWolf #YahooFinance
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