For those tracking the money:
“Virtual asset trading commission revenue fell 13.5% quarter over quarter, as Hong Kong’s Securities and Futures Commission released its financial review of the securities industry.”
After the news broke, I only had three questions about the money:
1. Which way is active trading leaning?
2. Could trading volume for $BTC (24h: $921 million) increase significantly?
3. Have any whales made large transfers to trading platforms?
Only if all three point in the same direction can we say the news has been validated by the money; otherwise, it’s probably just a passing gust.
Don’t rush to conclusions—let’s see if more details emerge.
#BTC
Stay rational. Don’t get carried away.
“Virtual asset trading commission revenue fell 13.5% quarter over quarter, as Hong Kong’s Securities and Futures Commission released its financial review of the securities industry.”
After the news broke, I only had three questions about the money:
1. Which way is active trading leaning?
2. Could trading volume for $BTC (24h: $921 million) increase significantly?
3. Have any whales made large transfers to trading platforms?
Only if all three point in the same direction can we say the news has been validated by the money; otherwise, it’s probably just a passing gust.
Don’t rush to conclusions—let’s see if more details emerge.
#BTC
Stay rational. Don’t get carried away.