Crypto Twitter's Six-Day Revelation: Have We Reached a Turning Point in the Industry?

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Decrypt 3w ago

Crypto Twitter's Six-Day Revelation: Have We Reached a Turning Point in the Industry? - Decrypt

Quick Summary:

A 180-degree turn from the SEC and bipartisan support for digital asset legislation may have redefined America’s relationship to crypto.

That is a *huge* number of elected Democrats voting "no confidence" in the current SEC, and sending a message to the Biden administration that "anti-crypto" is a losing platform this year.pic.twitter.

Update: @JSeyff and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied).