On Saturday morning, Bitcoin was lying at 73k. Not moving at all.


This week, the CFTC quietly did one thing: approved Coinbase and Kalshi for compliant US perpetual crypto contracts. I know, it sounds very boring. But how many years have US retail investors been kept out of perpetual contracts? They could only go to overseas exchanges. Now, finally, a crack has opened in that door.
At the same time, Dimon clashed with the crypto community at the CLARITY bill hearing, with the core controversy being: can stablecoins pay interest or not? Banks say no, crypto folks say why not.
You see, when prices are stagnant, regulators and traditional finance are accelerating their moves. These decisions won't make BTC jump 10% tomorrow. But they will shape what the market looks like in three years.
The market is sleeping, the chessboard is being redrawn.
BTC0.08%
KALSHI-2.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned