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๐Ÿš€๐Ÿ“š Michael Lewis, the renowned finance writer, has a new book "Going Infinite" coming out, and it's stirring up quite the controversy in the crypto world! The book is rumored to be a hagiography of Sam Bankman-Fried, the disgraced founder of the now bankrupt crypto exchange. ๐Ÿค” Many are questioning Lewis' role in this saga, as he seems to be muddying the waters with his statements and access to the media. Is he a neutral observer, or is he financially ensnared in the web of FTX corporate? ๐Ÿ—ฃ๏ธ Let's discuss! What do you think of Michael Lewis' take on the crypto industry and Sam Bankman-Fried? Is he too close to the story, or is he just trying to present a different perspective? Share your thoughts in the comments!

๐Ÿš€๐Ÿ“š Michael Lewis, the renowned finance writer, has a new book "Going Infinite" coming out, and it's stirring up quite the controversy in the crypto world! The book is rumored to be a hagiography of Sam Bankman-Fried, the disgraced founder of the now bankrupt crypto exchange.

๐Ÿค” Many are questioning Lewis' role in this saga, as he seems to be muddying the waters with his statements and access to the media. Is he a neutral observer, or is he financially ensnared in the web of FTX corporate?

๐Ÿ—ฃ๏ธ Let's discuss! What do you think of Michael Lewis' take on the crypto industry and Sam Bankman-Fried? Is he too close to the story, or is he just trying to present a different perspective? Share your thoughts in the comments!

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๐Ÿš€Crypto enthusiasts, hold on to your hats! The Biden administration's stance on crypto seems to be softening, and we're here for it! ๐ŸŽ‰ First off, the U.S. Securities and Exchange Commission (SEC) might approve spot ether exchange-traded funds (ETFs), a major turnaround for an asset class once thought to be dead-on-arrival. The odds of SEC approval have jumped from 25% to 75% in a day! ๐Ÿ“ˆ Secondly, the Deploying American Blockchains Act of 2023 was passed with a margin of 334 to 79 by House representatives. This bill could boost the competitiveness of the U.S. in the blockchain industry. ๐Ÿ‡บ๐Ÿ‡ธ But wait, there's more! The Financial Innovation and Technology for the 21st Century Act (FIT21), the most significant piece of crypto-specific legislation, is up for a Senate vote. Even House Democratic leaders aren't opposing it! ๐Ÿ—ณ๏ธ And guess what? Elizabeth Warren, known crypto skeptic, might be losing influence in the Biden Administration. FDIC Chairman Martin Gruenberg, a known confidant of Sen. Warren, announced his resignation. This could signal a shift in the administration's crypto stance. ๐Ÿ”„ So, what's driving these changes? The upcoming election, where former President Donald Trump has appealed to crypto voters, could be a factor. With crypto-focused political action committees (PACs) gaining influence, the crypto narrative could sway the election results. ๐Ÿ—ณ๏ธ๐Ÿ’ฐ While this is all speculation, these developments are positive for crypto. What do you think? Is this a turning point for crypto in the U.S.? Let's discuss in the comments! ๐Ÿ’ญ๐Ÿ‘‡
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