Early Morning Nuclear-Level News: On July 15, Eastern Time, the House of Representatives narrowly voted against the key cryptocurrency legislation (21st Century Financial Innovation and Technology Act) in a procedural vote of 217 to 214! Bitcoin immediately crashed to $52,000, with $380 million liquidated across the network! But the real eye of the storm is gathering—
Bloodbath of Truth: The procedural vote was merely a formality; the sudden betrayal of the Democrats was due to SEC Chairman Gensler's late-night pressure! Veteran politicians are attempting to lock down the lifeblood of cryptocurrency under the guise of 'investor protection', causing Coinbase and Robinhood's stock prices to plummet 13% during trading!
Signal of a Turning Point: Republican leader Mike McHenry announced an emergency: a second vote will be initiated within 72 hours! Last night, the offices of opposing lawmakers were surrounded by the lobbying teams from Kraken and a16z! Even more explosive—Musk just tweeted an image: the Dogecoin logo with the caption 'True decentralization does not require permission'!
Wealth Window Opens: History is astonishingly similar! On the eve of the January 2024 Bitcoin spot ETF vote, it similarly faced procedural failure, only to pass unanimously 48 hours later! On-chain data reveals: during the plunge, a certain whale address scooped up 21,000 ETH, and OTC premiums surged by 300 basis points!
Wall Street is shorting you! Focus on the Iron Eagle who received the 'counter-kill airdrop'
$SOL