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For years cryptocurrency enthusiasts were outsiders who craved acceptance by financial institutions and regulators. Now they have it—but no one has come up with a fresh bullish narrative to justify further price rises. For those HODLing assets such as Bitcoin, that’s a problem.
Elsewhere, Venezuela’s opposition leader and Nobel laureate, María Corina Machado, claims the end is nigh for Nicolás Maduro’s government. “International pressure is growing,” she writes in a By Invitation column. “And the regime’s financial and coercive pillars are weakening.” But is Donald Trump preparing strikes to unseat Venezuela’s strongman—or lining up a deal with him? |