Despite inflammatory headlines, today’s note from the People’s Bank of China was a reaffirmation of central bank policy from 2017.

This episode is sponsored by Nexo.io.

On today’s episode, NLW provides an extended brief style episode, covering:

• Crypto’s allies on Capitol Hill
• Is “long bitcoin” the most crowded trade in the world?
• How much of the dip was just Tax Day?
• No, China didn’t just ban crypto 
• Pomp launches Bitcoin Pizza 

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Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.

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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!) 

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