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<v Speaker 1>Hey, it's Alex with the Token Metrics Daily Pulse for

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<v Speaker 1>March eleventh, twenty twenty six. Got a lot to cover today.

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<v Speaker 1>We've got a major legal showdown brewing between the world's

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<v Speaker 1>biggest exchange in the mainstream press, plus some legacy banking

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<v Speaker 1>news that honestly, it's the kind of thing we've been

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<v Speaker 1>waiting years to see. But first, a quick word from

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<v Speaker 1>our sponsor. Okay, So here's what's happening. So the big

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<v Speaker 1>headline today is Binance. They're actually suing the Wall Street

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<v Speaker 1>Journal over a report claiming the DOJ is looking into

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<v Speaker 1>them for Iran sanctions of Asian Look, this isn't just

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<v Speaker 1>some pr stunt. It's a legal counter offensive. Remember, Finance

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<v Speaker 1>is already under a microscope from that four billion dollars

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<v Speaker 1>settlement back in twenty twenty three. If the DOJ finds

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<v Speaker 1>anything new, that compliance monitor basically becomes an executioner. By

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<v Speaker 1>suing the journal Finances signaling they have the receipts to

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<v Speaker 1>prove the report wrong. It's a bold move. Now here's

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<v Speaker 1>where it gets interesting. The broader markets are feeling a

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<v Speaker 1>bit of a chill. Bitcoin's bin Well, it's retreated under

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<v Speaker 1>seventy thousand sitting around sixty nine five hundred. Ethereum and

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<v Speaker 1>Solana are both down a few percent too. The Culprit

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<v Speaker 1>inflation data the February CPI matched forecasts exactly, which sounds fine, right,

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<v Speaker 1>But the market was desperate for a downside surprise to

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<v Speaker 1>force the Fed to cut rates. Since that didn't happen,

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<v Speaker 1>the higher for longer reality is syncing in and risk

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<v Speaker 1>assets are throwing a bit of a tantrum because the

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<v Speaker 1>punch bowl is still locked away. Okay, so here's the

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<v Speaker 1>bigger picture. While the price action is a bit sluggish,

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<v Speaker 1>the infrastructure is moving fast wells Fargo. Yeah, the banking

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<v Speaker 1>giant just filed a trademark for something called WFUSD. They're

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<v Speaker 1>looking at crypto trading, payments and tokenization. This is a

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<v Speaker 1>legacy behemoth signally, they want to compete directly with the

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<v Speaker 1>likes of Circle and Tether. When a bank this size

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<v Speaker 1>picks a ticker, they aren't just brainstorming. They're building, and

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<v Speaker 1>they aren't alone. Master Card is pushing even deeper into

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<v Speaker 1>the space, onboarding over eighty five partners, including Ripple and PayPal.

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<v Speaker 1>Here's the thing. MasterCard isn't trying to beat crypto. They're

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<v Speaker 1>trying to toll the roads. They want to be the

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<v Speaker 1>default routing layer for Web three commerce. It's a massive

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<v Speaker 1>validation of blockchain settlement, even if it's wrapped in a

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<v Speaker 1>traditional fee structure. On the tech side, Ethereum researchers just

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<v Speaker 1>demoed a prototype for native roll ups. This could it

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<v Speaker 1>could actually simplify how layer twos verify data and make

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<v Speaker 1>the whole ecosystem way less reliant on complex smart contracts.

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<v Speaker 1>It's early, but it's a big step for scaling. Meanwhile,

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<v Speaker 1>in the prediction markets, people are losing their nerve on

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<v Speaker 1>the stock market. The odds of the S and P

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<v Speaker 1>five hundred hitting a new all time high this month

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<v Speaker 1>just plummeted twelve points. It seems the macro uncertainty is

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<v Speaker 1>finally starting to bite. All Right, before we get into

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<v Speaker 1>the risks, quick word from our sponsor. Okay, we're back.

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<v Speaker 1>Let's talk about what to watch for. So what should

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<v Speaker 1>you actually be worried about. Well, we've got a bit

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<v Speaker 1>of a triple threat. First, that Binance versus the DOJ

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<v Speaker 1>situation is a huge headline risk for the industry's biggest

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<v Speaker 1>liquidity hub. Second, the IA is weighing a historic oil

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<v Speaker 1>reserve release. If that happens, energy markets are going to

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<v Speaker 1>reprice violently and that's going to hit bitcoin minors right

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<v Speaker 1>in the gut. And finally, the DOJ is reviving the

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<v Speaker 1>prosecution against Tornado Cash developer Roman Storm. It's a stark

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<v Speaker 1>reminder that the war on privacy protocols is far from

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<v Speaker 1>over and looking ahead, keep your eyes on the Friday

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<v Speaker 1>weekly close. Bitcoin really needs to reclaim seventy thousand to

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<v Speaker 1>prove this CPI reaction was just a fluke. Also, watch

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<v Speaker 1>for any official subpoenas for Binance in the next week.

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<v Speaker 1>If the DOJ stays silent, Binance's lawsuit might actually have

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<v Speaker 1>some teeth. Oh and that oil decision that could drop

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<v Speaker 1>any hour now either way. If you want the full

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<v Speaker 1>written breakdown, check out our newsletter at Pulse dot Tokenmetrics

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<v Speaker 1>dot com. This is educational content, not investment advice. Always

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<v Speaker 1>do your own research. I'm Alex, See you next time.