📢 Parr News Quick Report -2.28 1. SEC claims that memecoin is not a security The US Securities and Exchange Commission (SEC) has officially abandoned its regulation of memecoin. The federal securities regulatory agency stated that memecoin is more like a collectible than a security. Memecoin is defined as "an encrypted asset inspired by Internet memes, characters, current events or trends. The initiator hopes to attract enthusiastic online communities to buy memecoin and participate in transactions". Due to the limited or non-existent use or function of memecoin, it does not meet the definition of securities by the Howe Test and therefore does not fall within the jurisdiction of the SEC. Parr's note: Without regulation, harvest openly and honestly. 2. The probability of the Federal Reserve maintaining interest rates in March is 95.5% According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in March is 95.5%, and the probability of cutting interest rates by 25 basis points is 4.5%. The probability of maintaining the current interest rate unchanged until May is 73.2%, the probability of reducing interest rates by 25 basis points cumulatively is 25.8%, and the probability of reducing interest rates by 50 basis points cumulatively is 1.1%. Parr's note: If interest rates do not decrease, there will be no liquidity and the market will continue to fluctuate and decline. 3. Trump's tariff plan triggers market volatility Trump posted on his Truth Social complaining about the influx of drugs from both the north and south sides of the US border, and stated that tariffs will be imposed on Mexico and Canada on March 4th (next Tuesday). He continued to say that an additional 10% tariff will be imposed on China on that day. Trump made comments at a cabinet meeting yesterday, implying that these tariffs will not be imposed until April. Par's note: It's okay, you praised too harshly before, and now you curse too harshly, but you have no patience and can only endure. 4. BitMEX seeks to sell by contacting investment banks The trading platform BitMEX is looking for buyers and has contacted boutique investment bank Broadhaven Capital for assistance. Parr's note: Old Black has suffered losses, but I still don't think highly of it. 5. BlackRock Bitcoin ETF fund outflow Due to the uncertainty surrounding President Trump's tariff plan, cryptocurrency prices have plummeted for the third consecutive day, with BlackRock's spot Bitcoin ETF IBIT experiencing a record breaking net outflow of $418.1 million on Wednesday. Parr's note: Buy high and sell low, BlackRock is also a leek. 6. Coinbase case: SEC withdraws lawsuit The US Securities and Exchange Commission officially decided on Thursday to dismiss the lawsuit against Coinbase. The SEC sued Coinbase in June 2023, two years after the top US cryptocurrency exchange went public. Par's note: Binance boss is fined for imprisonment, OKX fines Coinbase for direct rejection, hahaha, the right to speak.