BREAKING: Armstrong went on record a month ago saying he's "pretty optimistic" the CLARITY Act would clear 60 votes. He even called it "the cusp of the next bull market for spot trading in crypto."
He tied it to the classic bear market cycle — 370-380 days historically, and we're hitting that same duration right now. His only concern back then? Ethics provisions. "The President and the White House have put an ethics offer on the table that could go into the CLARITY Act."
Fast forward to today: GOP senators are now bracing for it to FAIL. Polymarket odds sitting at 15-20%. That's a brutal gap from Armstrong's public optimism.
Here's the kicker — only 12% of Coinbase revenue now comes from $BTC spot trading. Derivatives, prediction markets, stablecoins, tokenization — that's the growth engine. So even if this bill tanks, the industry's already pivoting hard.
Vote happens TODAY at 2:15 PM ET. Needs 60. Republicans hold 53. This is the moment Armstrong's optimism meets the Senate floor.
If it passes? Bull market narrative gets jet fuel. If it fails? We're still in that 370-day bear grind, and the real money's already moved to derivatives and stablecoins anyway. Either way, today's the test. Watch the vote.
He tied it to the classic bear market cycle — 370-380 days historically, and we're hitting that same duration right now. His only concern back then? Ethics provisions. "The President and the White House have put an ethics offer on the table that could go into the CLARITY Act."
Fast forward to today: GOP senators are now bracing for it to FAIL. Polymarket odds sitting at 15-20%. That's a brutal gap from Armstrong's public optimism.
Here's the kicker — only 12% of Coinbase revenue now comes from $BTC spot trading. Derivatives, prediction markets, stablecoins, tokenization — that's the growth engine. So even if this bill tanks, the industry's already pivoting hard.
Vote happens TODAY at 2:15 PM ET. Needs 60. Republicans hold 53. This is the moment Armstrong's optimism meets the Senate floor.
If it passes? Bull market narrative gets jet fuel. If it fails? We're still in that 370-day bear grind, and the real money's already moved to derivatives and stablecoins anyway. Either way, today's the test. Watch the vote.