Jan. 14 at 1:20 AM
$COIN i hate it when it shadows
$BTC.X … but it will soon change as soon as the clarity act signed in favour of Coinbase…
Its a BIG IF for Bull scenario..
Much more money will come to Circle
$CRCL USDC and coinbase will become a toll booth for digital currency, probably on global market. Coin was on buying spree for last year. buying up smaller tech companies and expanding into different countries.
Once the government sets clear rules, Coinbase will stop following Bitcoin's lead and start leading the world's digital economy, eventually becoming bigger and more valuable than Bitcoin itself..
Bearish scenario - it will loose its 1.3 billion revenue of usdc yield.. and it will never be free from bitcoins price action..