Daily Crypto NewsEDITION #1164, YESTERDAY, 06:03

Bear Pandemic-2025

Today, March 11, 2020, the Coronavirus pandemic began. The detected COVID-19 in China started spreading across the planet, driving everyone into fear and horror, and locking them down.

The pandemic officially ended in May 2023 (according to WHO).

In 2025, the market is experiencing COVID-19-level fear and greed indices, but there seem to be no lockdowns or economic crises in sight.

Major news today:

- Musk stated that disruptions on X are due to a "massive cyberattack."

- Mt. Gox transferred $931.19 million in BTC, of which $905.06 million was sent to a new wallet, and another $26.13 million to a warm wallet.

- Coinbase will hire 1,000 employees in the U.S., claiming that President Trump has "revived" the crypto industry. Hopefully, these 1,000 people are for handing out airdrops (manually).

- The crypto market lost $150 billion in capitalization in a day. Well, nothing new.

- Trump plans to sign a new executive order related to cryptocurrency this week, which may include adjustments to the Fed's policy, allowing crypto banks to access the Fed's payment system.

Sources also indicate that the order may include a directive clarifying that stablecoins should not be considered securities.