Daily Market Wrap | Feb. 24

Hot Topics

• Bitcoin dips below $63,000 amid ongoing market decline, extreme fear, and macro shocks.
• Former Chainlink Labs Deputy General Counsel Taylor Lindman joins SEC's Crypto Task Force as Chief Counsel.
• Canaan acquires Cipher Mining's 49% stake in three West Texas Bitcoin mining projects for $39.75M in shares.

Market Updates

• Step Finance shuts down all operations, including SolanaFloor and Remora Markets, after failing to recover from $40M hack.