Bitwise CIO Matt Hougan Says Crypto Climate in Washington ‘Smells Like Alpha’ – Here’s What He Means

Bitwise CIO Matt Hougan Says Crypto Climate in Washington ‘Smells Like Alpha’ – Here’s What He Means


Bitwise CIO Matt Hougan says people are underestimating a political shift on crypto currently unfolding in Washington, D.C.

In a new memo, Hougan says crypto has successfully built “political muscle” in recent years, including one of the top political action committees in D.C.

Hougan says that if everyone truly understood the significance of the recent shift in Washington, crypto markets would already be at all-time highs.

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“The reason this smells like alpha to me is that, outside of the crypto bubble, no one cares.

I’ve been on the road speaking at conferences for the past few weeks and, try though I might, I cannot get this story to resonate with people. I talk about the votes, and Warren’s anti-crypto army, and the surprise progress on

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