The Fight for $40,000

$40k came, went, and is back again. A look at crypto in China and what comes next.

“Bobby had guessed that the Chinese would want to bet on something that seemed to have momentum, and Bitcoin’s ascent was proving him right.”—Nathaniel Popper on Bobby Lee

The $40k Test

Another wild week in Bitcoin.

When I asked whether or not a $40,000 test was coming, Bitcoin was sitting around $50,000. Bearish headlines, primarily stemming from Elon Mus…

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