Recession Fears, CSW slammed by Judge, and Coinbase Loses Bank Account

in #bitcoin5 years ago

Weekly crypto recap, with Ashe Oro

2:25 Recession Fears on Wednesday when the Dow lost 800 points, and the S&P and Nasdaq both dropped 3%. Ominous signals in the bond market, and yield curves inverting add to the fear.
Argentina faces biggest market drop since 1950

9:00 US Judge denied a request by Craig Wright to dismiss a lawsuit filed against him. He said that it was not under her jurisdiction, and she blasted back that his testimony has not been credible.

18:03 Coinbase loses banking relationship with Barclays, and delists zCash

38:48 Australia fines people using crypto retirement accounts

42:39 New IRS letters target crypto users

47:58 Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month

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