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This Week in Crypto: A Flock of Black Swan Events

  • The cryptocurrency sector is in turmoil after a dramatic week with ongoing government intervention.
  • The US President announced the creation of a US strategic cryptocurrency reserve and specified the digital assets it would include.
  • Mixed reactions were seen from the crypto space, with some questioning the selection of digital assets for the strategic reserve.
  • In addition to the presidential announcement, regulatory developments and advancements in the mainstream adoption of cryptocurrencies were observed.

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