All coronation ceremonies are essentially expensive funerals.
Currently, at a price of 2320, it includes at least a 150 U.S. dollar worth of Wash's expected premium. If the details of the bill's implementation involve tighter regulation of DeFi than expected, this premium will disappear instantly.
The most pessimistic scenario is: the moment the bill passes is the peak of this rebound. Then a one-month period of "regulatory slow decline" begins, until Wash officially takes office on May 15 and releases the first Federal Reserve liquidity.
Warsh must liquidate more than 20 cryptocurrencie
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