U.S. Senate rules against Crypto and ETH is ultra sound money

U.S. Senate rules against Crypto and ETH is ultra sound money

This week Bitcoin breaks US$46,000 while the U.S. Senate has included draconian restrictions on the crypto ecosystem in the infrastructure bill. On the positive side, the last week has seen an awakening of political support for crypto, from all sides. Following the successful implementation of EIP-1559, can Ethereum become ultra sound money?

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Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points. This week Bitcoin breaks US$46,000 while the U.S. senate has included draconian restrictions on the crypto ecosystem in the infrastructure bill. On the positive side, the last week has seen an awakening of political support for crypto, from all sides. Following the successful implementation of EIP-1559, can Ethereum become ultra sound money?

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