One of the hottest crypto products in the world is finally coming to the U.S.
Crypto
The CFTC has granted Kalshi and Coinbase permission to offer perpetual futures to U.S. investors — a product category previously unavailable domestically that commands massive global volume. This opens a new revenue stream for COIN but the bullish catalyst is partially offset by heavy insider selling and a regulatory headache (Dimon/Armstrong crypto bill fight) that could cloud the legislative backdrop.
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↓ SHORT-8% target+4% stop1-2 weeks
Fade the COIN pop — insider selling into a regulatory headline with a mixed consensus and lingering legislative risk makes this a sell-the-news setup above $190.