Yeah: the CFTC chair is "Our Guy." But I do have to say that the SEC chair, though showing the usual ambition of bureaucrats, was reasonable is his way instead of punitive.

What do you think? Is the bottom in for the crypto market?

The testimony did take a lot of pressure off the crypto market,but I have to pessimistically answer "no." Not because I think there's any specific danger; it's because 2017 was the kind of year that's too good to last. Years like that tend to be followed by harder times; that's the way speculative markets operate.