[ad_1]
tl;dr
Warren’s anti-crypto army ain’t all it’s cracked up to be. The BTC demand shock gets another fillip.
Market Snap
Market Wrap
Three days of positive inflows to the ETFs gave us a little pop in the price of BTC yesterday evening, but the enthusiasm was dampened overnight. A bunch of leveraged shorts got taken out with a rapid move to $69k but once they had lost their collateral, there seemingly wasn’t any follow-through.
Curious Cryptos’ Commentary — Warren’s anti-crypto army
One of Senator Ellizabeth’s high-profile recruits to her self-proclaimed “anti-crypto army” is none other than Jamie “you cannot fire me” Dimon, long-time CEO of J.P. Morgan.
In a senate hearing last December, under pre-arranged questioning from Warren, Dimon stated for the record his personal take on cryptos:
“… if I was the government, I would close it down”.
Which doesn’t sound particularly liberal to me. Then again, he is great friends with Justin Trudeau, Premier of Canada, so that probably explains his attitude.
…
But perhaps Warren’s army is not all it is cracked up to be. Dimon has “clarified” (i.e. a total screeching U-turn the sound of which is still reverberating around the world) with this comment:
[ad_2]
Source link