Democrats won the House and Senate, and Elizabeth Warren is expected to chair Senate Banking in January. Trump’s regulators remain in place, but I expect a harder path to lasting crypto rules. Read today's free Wolf Den:
The crypto lobby has now spent about $95 million on one guy. $40 million to beat Sherrod Brown in 2024. More than $55 million this year to stop his comeback. Brown is going back to the Senate. Expensive lesson.
Bitcoin should be crashing after the blue wave. Instead, it just bounced hard off its lowest level since mid-September. ETFs lost another $115.6M Tuesday. Are holders actually selling, or is leverage doing the damage? @cryptonomista joins me. Live at 9 AM ET: