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What’s good E.T Fam?! Today has been a huge day for crypto. For those of you who are unaware, the House Financial Services Committee held a hearing on digital assets earlier with some of the most important CEOs in the crypto space. We had representation from CEOs like Sam Bankman-Fried, Brian Brooks, Alesia Jeanne Haas, and a few others. If you’re unfamiliar with any of these people that I’ve just named, do yourself a favor and hit up that Google search. The discussions went surprisingly well.
All of the CEOs did an awesome job in explaining the importance of crypto to policymakers. This is ultra bullish for the future of crypto. Congress finally warming up to crypto is the main domino that we need to fall for us to sail smoothly to Valhalla. You better believe that the entire EllioTrades team has our fingers and toes crossed. If you all didn’t get a chance to see any of the discussion, I’d encourage you to go out a look up a few highlights.
In other news, the markets have still been a little stagnant. However, it seems that ETH is showing much more strength than BTC. Could the long awaited ETH flippening finally become a reality? I can’t say it will happen for certain, but it is starting to become more real by the day. Let’s see what happens.
Overall, everyone that is a lover of crypto should either be in good spirits, or at least feel hopeful. The future we’ve been waiting on is closer than we can imagine. Take care Fam!
00:00 – Intro
01:18 – Brian Brooks
02:28 – US is “unquestionably” behind the curve on Crypto ETFs
03:02 – Congressman Patrick McHenry
05:05 – The most important exchange of the entire hearing
07:34 – Brad Sherman
09:21 – Web2 moving to blockchain
09:42 – Neo Tokyo news
11:29 – Outro
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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