Bitcoin priced in regulatory delays, accumulate for long term
The market has already priced in the high probability that the Clarity Act will not pass in August and the broader regulatory uncertainty; Bitcoin’s resilience despite negative headlines and the development of structural institutional demand (ETFs, corporate adoption) mean a sharp crash is unlikely even if the bill fails. Long-term accumulation (DCA) with up to 5% of assets is recommended.
Global crypto exchanges are undergoing a structural transformation into ‘everything exchanges’ that trade stocks, bonds, and commodities with high leverage. This trend is now a fact, will persist, and is generating significant revenue, especially as Korean capital outflows accelerate when domestic leverage products are restricted. Coinbase and Robinhood are well-positioned beneficiaries of this convergence.
Global crypto exchanges are undergoing a structural transformation into ‘everything exchanges’ that trade stocks, bonds, and commodities with high leverage. This trend is now a fact, will persist, and is generating significant revenue, especially as Korean capital outflows accelerate when domestic leverage products are restricted. Coinbase and Robinhood are well-positioned beneficiaries of this convergence.