There is no senate hearing on January 28!
There is a public discussion in New York to be hosted by the New York State Department of Financial Services...
The senate discusses federal matters that can have a broad impact...
This meeting has no impact outside of New York State.
The outcome of this meeting be it positive of negative will have little effect on Bitcoin. Calling this event a "senate hearing" hurts Bitcoin more than the worst possible outcome this meeting could produce.
Is this really necessary? You seem to assume that everyone thinks there is a senate hearing in New York. I haven't seen anyone say this.
But thanks for pointing out the meeting though, because New York is an extremely important global financial hub and decisions made about Bitcoin in New York will certainly have far-reaching effects.
It seems like everywhere I turn somebody is talking about the upcoming "senate hearing." It seemed like a correction was in order.
Obviously New York is important. However I wouldn't say it's nearly as major as a senate hearing. When people hear about an upcoming senate hearing they get scared...