Legislative Friction Weighs on Prices, Tactical Setup Remains Constructive

Discussed in today's video:

Clarity Act momentum slowed: Senate Banking Committee markup was delayed, pushing timelines out and reducing near-term confidence, even though longer-term passage remains more likely than not. The Main Concerns: Restrictions on stablecoin rewards and potential de facto barriers to tokenized equities are central industry objections, echoed by Coinbase leadership. Legislative Odds Remain Constructive: While some in the industry see an 80–90% chance of passage, a more realistic (unscientific) probability is closer to 60–70% by Q2, with mea...