What are the big players doing?
“Hong Kong Financial Secretary Paul Chan: Advancing the development of digital asset exchanges and stablecoins with equal emphasis on regulation and development”
After this news comes out, I’ll ask three questions related to money:
1. Are buyers or sellers more active?
2. Could trading volume for $BTC (24-hour volume: US$1.39 billion) increase significantly?
3. Are there any unusual transfers to exchanges on-chain?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust.
News with specific figures is more worth paying attention to than vague rumors.
“Hong Kong Financial Secretary Paul Chan: Advancing the development of digital asset exchanges and stablecoins with equal emphasis on regulation and development”
After this news comes out, I’ll ask three questions related to money:
1. Are buyers or sellers more active?
2. Could trading volume for $BTC (24-hour volume: US$1.39 billion) increase significantly?
3. Are there any unusual transfers to exchanges on-chain?
Only when all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust.
News with specific figures is more worth paying attention to than vague rumors.