One of the hottest crypto products in the world is finally coming to the U.S.
1 min readAnalysis by AlgoThesis Editorial Desk
Market Memory
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The original read stays visible beside later evidence. Connections are editorial records, not ticker-only guesses.
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The story
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.
The two-sided take
The house read
Wrong ifA sustained crypto rally (BTC breaking new highs) or a rapid crypto bill passage could send COIN significantly higher and invalidate the fade; short squeeze risk is elevated given the stock's beta.
Published read · research, not advice