@CaitlinLong_@dotkrueger Shouldn’t the circle be at the bottom of the Chinese yuan revaluation - when it went from strengthening to horizontal? That was the unnanounced surprise and basically occurred at the same time oil started to fall precipitously from the high $140’s
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UPDATE: Rumors that Silvergate $SI will be seized (receivership) by the FDIC and Wells Fargo $WFC is set to take over customer accounts.
Source: “The amount of political pressure (WH/Elizabeth Warren) on regulatory agencies to cripple crypto is unprecedented right now.”