ROLLUP: Extreme Fear | Tariff Whiplash | Citrini AI Crash | Jane Street vs Terra | Pentagon vs Anthropic

Bankless

Technology, Tech News, News

4.7 • 1.2K Ratings

🗓️ 27 February 2026

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

February ends with peak FUD. Ryan and David unpack why crypto is stuck in historic “Extreme Fear” even without a major blowup, and why markets feel like they’ve entered an uncertainty bubble. They break down the Supreme Court striking Trump’s tariffs, Trump immediately finding new legal doors to bring them back, and the looming $150B+ refund fight. Then the “Citrini Crash”: AI doomer scenarios going viral, spooking stocks, and leaving investors terrified that AI will be either not good enough or far too good. Plus: fresh allegations that Jane Street helped accelerate Terra’s collapse, Meta’s stablecoin reboot for its billions of users, ZachXBT’s Axiom insider trading exposé, Hyperliquid’s new DC policy push, Robinhood’s retail venture fund, Coinbase’s 24/5 stocks rollout, and the Pentagon’s ultimatum to Anthropic over AI guardrails. --- 📣FIGURE | CRYPTO-BACKED LOANS & ~9% RWA YIELD https://bankless.cc/FigureCBL --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 🪐GALAXY | INSTITUTIONAL DIGITAL FINANCE https://bankless.cc/galaxy-podcast ⚡EUPHORIA | REAL-TIME ONE-TAP TRADING https://bankless.cc/euphoria 🏅BITGET TRADFI | TRADE GOLD WITH USDT https://bankless.cc/bitget 🌐BRIX | EMERGING MARKET YIELD https://bankless.cc/brix 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://bankless.cc/TDRpro --- TIMESTAMPS & RESOURCES 0:00 Intro 2:51 Extreme Fear & the “Uncertainty Bubble” https://www.coingecko.com/en/coins/bitcoin https://www.coingecko.com/en/coins/ethereum https://alternative.me/crypto/fear-and-greed-index https://x.com/xeer/status/2025867669707043156 https://x.com/Evan_ss6/status/2026363413610238032 https://thedefireport.io/research/uncertainty-bubble https://x.com/kobeissiletter/status/2024862913761001477 https://x.com/KobeissiLetter/status/2026067372604371286 https://www.citriniresearch.com/p/2028gic https://x.com/KobeissiLetter/status/2026040229535047769 https://x.com/KobeissiLetter/status/2026028854461047220 https://www.noahpinion.blog/p/the-citrini-post-is-just-a-scary https://x.com/mattshumer_/status/2021256989876109403 https://x.com/intangiblecoins/status/2027011410627027024 26:24 Was Jane Street Behind the 2022 Crypto Winter? https://www.wsj.com/finance/currencies/jane-street-accused-of-insider-trading-that-helped-collapse-terraform-659e6993 https://x.com/OGDfarmer/status/2026343910923006123 https://x.com/hasufl/status/2026246191550193756 https://x.com/davidzmorris/status/2026286018643603749 https://x.com/1914ad/status/2026757796390449382 35:29 Meta Revives Stablecoin Plans https://www.coindesk.com/business/2026/02/24/mark-zuckerberg-s-meta-is-planning-stablecoin-comeback-in-the-second-half-of-this-year 39:49 ZachXBT Exposes Insider Trading at Axiom https://x.com/zachxbt/status/2025917891678523644 https://polymarket.com/event/which-crypto-company-will-zachxbt-expose-for-insider-trading/?via=bankless? https://x.com/zachxbt/status/2027016064534757659 https://x.com/zachxbt/status/2027016170126323925 50:40 Hyperliquid DC Policy Center, Robinhood VC, & Coinbase 24/5 stocks & ETFs trading https://x.com/jchervinsky/status/2024116520427651480 https://x.com/vladtenev/status/2026028297822588941 https://x.com/coinbase/status/2026303315382870364 55:49 AI Watch: Pentagon vs Anthropic https://x.com/DeItaone/status/2027028927756054670 https://x.com/VitalikButerin/status/2026382701562048545 https://x.com/VitalikButerin/status/2026329054887239697 1:02:33 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Transcript

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0:00.0	It is the fourth and final week of February.
0:06.5	Thank God.
0:06.8	I hate February, David.
0:07.9	It is time for the bankless weekly roll-up.
0:10.7	I didn't know that.
0:11.9	I don't like February.
0:13.4	Why don't you like February?
0:14.6	It's just like a cold, bleak month where nothing ever good happens.
0:19.3	It does feel like the hufflepuff of months.
0:23.1	That's pretty disrespectful to a major school.
0:27.5	One of the four houses.
0:28.9	One of the four houses, Chan.
0:30.9	Hufflepuffs are some of the best people, aren't they?
0:33.0	Cedric Diggery, a hufflepuff?
0:35.1	Yeah, they're like the kind and offensive ones in my mind.
0:40.7	They don't change history in my mind.
0:42.7	But still, this was not a Hufflepuff week, I think, in Crypto.
0:46.7	This was definitely a Slytherin week, let's say it.
0:49.7	We had some Jane Street shenanigans that we'll talk about.
0:52.9	Also, Zach XBT exposes yet another
0:56.1	crypto crime ring. I guess it's just another week, isn't it? What else we got? Yeah.
1:00.2	In trad markets, we have the Citrini crash followed by the Trump tariffs getting revoked
	...

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