From the perspective of capital flows:
“The French Finance Committee pushes for a stablecoin exchange tax and a crypto exit tax, then turns around and rejects the budget bill after the vote.”
After the news broke, I had only three questions about the money:
1. Which way are the big orders leaning?
2. Can trading volume for $BTC (24h: $669 million) keep growing?
3. Are large amounts moving on-chain into exchanges?
If all three point in the same direction, the news carries real weight; otherwise, it’s probably just noise.
The news itself is only the starting point. How the money votes is what matters.
#BTC
“The French Finance Committee pushes for a stablecoin exchange tax and a crypto exit tax, then turns around and rejects the budget bill after the vote.”
After the news broke, I had only three questions about the money:
1. Which way are the big orders leaning?
2. Can trading volume for $BTC (24h: $669 million) keep growing?
3. Are large amounts moving on-chain into exchanges?
If all three point in the same direction, the news carries real weight; otherwise, it’s probably just noise.
The news itself is only the starting point. How the money votes is what matters.
#BTC