The feud over President Trump’s “Big Beautiful Bill” has been a wild ride. Elon Musk risked his reputation in a bid to slash government spending, only for the Donald to flip the script and crank the spending machine back up. Prices reacted badly, but in the end it’s just noise as far as the long term story for bitcoin is concerned.
In better news, the UK regulator is reconsidering its ban on crypto-related exchange traded notes.
Having long been dismissed as an irrelevant joke, bitcoin is getting a better hearing, but in many professional investment circles it remains grudging. What stage of acceptance are we at? We look at it through the eyes of Elizabeth Kubler-Ross.
- Macro Trump vs Elon, UK finally considers crypto ETN approvals
- Bitcoin Is Bitcoin evil? Detractors reach the “anger” stage of grief/acceptance
- Cryptoverse Circle goes public, is $HYPE worth the hype?
