Feb 28: Bitcoin Bleeds, SEC Backs Off, and MetaMask Expands

Bitcoin ETFs face record outflows as crypto markets tumble, while the SEC drops its lawsuit against Coinbase and clarifies that memecoins aren’t securities—potentially triggering new tax implications. MetaMask announces support for Bitcoin and Solana, and Web3 innovation surges at Hong Kong’s EasyA Hackathon. What’s next for crypto amid market uncertainty?

RESOURCES

https://www.theblock.co/post/343933/us-spot-bitcoin-etfs-see-eight-day-negative-streak-totaling-3-2-billion-in-outflows?utm_source=rss&utm_medium=rss

https://www.coindesk.com/markets/2025/02/28/bitcoin-set-for-worst-month-since-june-2022-worst-week-since-november-that-year

https://www.scmp.com/tech/blockchain/article/3300504/us-securities-regulator-files-dismiss-coinbase-lawsuit-under-crypto-friendly-trump?utm_source=rss_feed

https://www.coindesk.com/policy/2025/02/27/sec-publishes-memecoin-stance-reinforcing-hester-peirce-s-comments

https://www.theblock.co/post/343917/metamask-wallet-to-add-support-for-solana-and-bitcoin?utm_source=rss&utm_medium=rss

https://www.coindesk.com/consensus-hong-kong-2025-coverage/2025/02/27/consensus-hackathon-winners-ai-agents-gaming-trading-payments-and-nfts

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