Well, looks like it’s that time of the year again for $COIN, $HOOD, $CRCL and co.
So much for a “friendly administration” and “strategic reserve” if they’re trying to ram through Bank Lobbied Clarity Act bills…
To ban any form of innovation or competition against banks, with things like yields.
And nuking liquidity as they go (but strengthens the USD)
Valuations do seem compelling again if you’re swing trading.