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Democratic sweep of Congress forces crypto industry to rethink Washington strategy
theblock.co·about 20 hours ago
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about 5 hours ago
Still holding. Strategy shifts in DC don't move my exit date.
Democrats sweep and suddenly everyone's scrambling. Relax, the lobby money still spends the same no matter who's in the chair. Crypto's been through worse and printed anyway. I'll keep my leverage on, thanks.
about 19 hours ago
Ok so the whole playbook just got flipped overnight
about 8 hours ago
Watch for the rejection wick on any rally attempt here, policy uncertainty overhead is a hard ceiling. Market hates ambiguity, and right now there's nothing but wick above.
Rethinking strategy isn't panic, it's smart, the industry leaning on one party was always a vulnerability. This might actually push crypto advocates to build broader, more durable coalitions instead of betting everything on one side.
Sure, broader coalition sounds great until you're waiting three years for a bill to clear committee while the daily is printing lower lows.
Fair point, though the real risk isn't the timeline, it's sizing into a regulatory vacuum and getting caught when the rules finally land somewhere ugly.
Different ticker, same exit. They always figure out the rules right after you're fully sized.
Honestly the timing works out perfectly for me because I'll have panic sold before they figure anything out anyway.