Bitcoin is back above $70k, and Coinbase (COIN) is seeing massive gains (up significantly on the day). Reports indicate the CEO met with Trump to discuss market structure bills. The combination of "Risk On" sentiment, rising Bitcoin prices (driving transaction fees), and a potentially friendlier regulatory administration (Trump meeting) creates a tailwind for the leading US exchange. LONG. High beta play on the crypto resurgence and regulatory clarity. Regulatory crackdown or a reversal in Bitcoin price action.