Bitcoin Should Be CRASHING After The Blue Wave

Ledn co-founder and Chief Strategy Officer Mauricio Di Bartolomeo joins Scott as Bitcoin crashes and immediately recovers after Democrats win control of the House and Senate, with crypto PACs losing almost every competitive race despite record spending. They unpack what the blue wave means for crypto regulation and the CLARITY Act, why the Binance hack shows big exchanges trading security for speed, and why custody and proof of reserves matter. They also cover how Ledn's Bitcoin-backed loan clients are buying the dip, Bitcoin bouncing off its weekly 50 MA, the CFTC clearing perpetual futures on US stocks, the SEC's Canton Coin no-action letter, Ledn's rebrand and gold-backed loans, and US debt growing about $10 billion a day. In this episode:00:00 Bitcoin crashes and recovers after the blue wave03:41 Crypto PACs went two for 11 in key races10:59 What a Democratic Congress means for crypto12:58 Is the CLARITY Act dead now?16:45 Binance hack and why exchanges trade security for speed28:47 Ledn clients are buying the dip30:46 Bitcoin bounces off the weekly 50 MA34:49 CFTC stock perps and the SEC's Canton Coin letter37:26 Ledn's rebrand, new US products and gold-backed loans41:01 US debt growing $10 billion a day Mauricio Di Bartolomeo on X: https://x.com/cryptonomistaLedn: https://www.ledn.io Watch this episode on YouTube: https://www.youtube.com/watch?v=T8VdyLZcBas If you enjoyed this episode, follow the show and leave a rating. It helps more than you know. Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.comThe Daily Wolf on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/ Learn more about your ad choices. Visit megaphone.fm/adchoices