Edition 342: 3 things investors need to know from last week!
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Bitcoin’s Roughest Month Since 2022: Bitcoin is down about 24% in February, heading for its worst monthly loss since the 2022 TerraUSD-driven crypto collapse, as tariff fears and risk-off sentiment pressure markets. Despite the “digital gold” narrative, the token continues to trade like a risk asset, with ETF outflows, bearish options positioning, and key support near $60,000 now in focus.
Source: Bloomberg
AMD’s Chips-for-Equity AI Play: AMD will supply billions in AI chips to Meta, which can take up to a 10% stake, marking a bold strategy to challenge Nvidia’s dominance. The deal highlights costly, circular AI funding dynamics as tech giants invest in suppliers while racing to build massive data center capacity.
Source: New York Times
Proposed Bank Citizenship Rule: The Trump administration is reportedly considering an executive order requiring banks to collect citizenship documentation from both new and existing customers, potentially creating new compliance burdens. The measure, aimed at discouraging undocumented migration, could restrict account access for some noncitizens, though officials say no policy has been finalized.
Source: Bloomberg
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