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You Won’t Believe How Crypto Is Fueling a Billion-Dollar Heist on Little People

A  illustration of a giant Bitcoin chart skyrocketing upwards with dollar signs and financial symbols bursting out in all directions, while tiny little people are shown fleeing or hiding behind various Wall Street skyscrapers as the chaos unfolds.

The ultimate circle of crypto BS: Big banks making bank off Bitcoin’s pump while the little guy gets left in the dust.

Source: cointelegraph

Wall Street banks are sitting on post-election gains worth $1.4 billion as Bitcoin prices soared, according to estimates from Forbes.  Big banks reportedly piled into Bitcoin (BTC) futures contracts in the weeks before the presidential election, amassing a total of 10,564 new contracts, equal to 52,820 BTC. The analysis is based on data from the United States Commodity Futures Exchange Commission (CFTC) released on Nov. 5. Bitcoin futures contracts are […]

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