๐ฅ๐ฅ THE CHOKEHOLD IS OFF:
๐ Jerome Powell and the Fed have effectively cleared the path forward: banks are no longer discouraged from working with compliant Bitcoin and crypto businesses.
๐ This signals the end of โOperation Choke Pointโ and the beginning of a serious capital shift.
๐ฅ Why this matters:
๐ No more behind-the-scenes pressure. Banks can custody $BTC , settle transactions, and build on-chain products without fearing regulatory pushback.
๐ The โtoo riskyโ narrative is fading. If banks can hold it, major institutions can allocate to it.
๐ Bitcoin just moved from a fringe asset to part of the financial infrastructure.
โณ๏ธ Bottom line:
The Fed didnโt promote Bitcoin โ they did something more powerful: they opened the on-ramps.
When friction disappears, demand shows up in price.
โณ The rails are open. The clock is running.