#Kalshi被令暂停华盛顿州业务
Washington state ban takes effect: Kalshi has been ordered to shut down prediction contracts for sports, elections, and more, with IP notice on August 19. But the strange part is that just two days ago, the CFTC used its emergency powers to let it keep trading—federal and state regulators are fighting each other, and this battle may end up in the Supreme Court.
How to look at crypto prices? I only watch the pre-market tokens TKALSHI and PreStocks. Those low-priced “cheap rugs” are unrelated to the company, so I don’t touch them.
My view: fundamentals haven’t broken down. Last year’s trading volume was 23.8 billion; this year, it has already exceeded 9.5 billion in a single month. Crypto derivatives account for 20%+. Near-term regulatory pressure suppresses sentiment, but the pre-market price rebounded 30% over the past week, suggesting the market is betting that the federal side will win. If the Supreme Court supports the CFTC, this is an opportunity zone.
My move: I加仓 (add more) to bet on the financing landing for when it’s above 5.2. The company’s target valuation is 40 billion, up 82% from May.
In one sentence: the regulatory negative is short-term pain; compliance expectations are the long-term logic. The above are my personal views and do not constitute investment advice.$ETH
Washington state ban takes effect: Kalshi has been ordered to shut down prediction contracts for sports, elections, and more, with IP notice on August 19. But the strange part is that just two days ago, the CFTC used its emergency powers to let it keep trading—federal and state regulators are fighting each other, and this battle may end up in the Supreme Court.
How to look at crypto prices? I only watch the pre-market tokens TKALSHI and PreStocks. Those low-priced “cheap rugs” are unrelated to the company, so I don’t touch them.
My view: fundamentals haven’t broken down. Last year’s trading volume was 23.8 billion; this year, it has already exceeded 9.5 billion in a single month. Crypto derivatives account for 20%+. Near-term regulatory pressure suppresses sentiment, but the pre-market price rebounded 30% over the past week, suggesting the market is betting that the federal side will win. If the Supreme Court supports the CFTC, this is an opportunity zone.
My move: I加仓 (add more) to bet on the financing landing for when it’s above 5.2. The company’s target valuation is 40 billion, up 82% from May.
In one sentence: the regulatory negative is short-term pain; compliance expectations are the long-term logic. The above are my personal views and do not constitute investment advice.$ETH