Where Crypto Really Stands Right Now

Summary

Binance got hacked, and Scott Melker says crypto now faces an existential crisis over custody. He has watched longtime self-custody believers give up and move their bitcoin into ETFs, and big holders are swapping coins into BlackRock's bitcoin fund. Melker explains why the hack is nothing like FTX and why no custody option is completely safe. He also expects Elizabeth Warren to go after the Trump family's crypto ventures without stopping pro-crypto laws, breaks down Strategy's exclusion from MSCI indexes and explains why bitcoin dipped with tech after Jensen Huang's resignation. Featuring…

Description from Yahoo News.