“It’s a much more sophisticated operation,” Smith said. “I feel like I used to walk around Washington, and people would say ‘Oh, there’s Kristin, she works for that little blockchain industry thing.’ Now it’s like, ‘Oh wow, that’s the powerful crypto industry and they’re here to influence Washington and are pulling out all the tools to do it.”
Bitcoin Price (BTC) Tumbles to $69K, Leads to $450M in Liquidations
In the meantime, bitcoin bulls might be left scratching their heads at what might be needed for a true upside...