From a capital-flow perspective:
“Arkansas asks the Eighth Circuit Court of Appeals to lift the injunction against its law restricting foreign crypto mining.”
After the news broke, I asked just three questions related to money:
1. Are large orders skewed toward buying or selling?
2. Has trading volume for $BTC ($1.12 billion over 24h) increased noticeably?
3. Have there been any large transfers of funds to exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s mostly just a sentiment-driven disturbance.
Price action after the news breaks is more worth watching than the news itself.
“Arkansas asks the Eighth Circuit Court of Appeals to lift the injunction against its law restricting foreign crypto mining.”
After the news broke, I asked just three questions related to money:
1. Are large orders skewed toward buying or selling?
2. Has trading volume for $BTC ($1.12 billion over 24h) increased noticeably?
3. Have there been any large transfers of funds to exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s mostly just a sentiment-driven disturbance.
Price action after the news breaks is more worth watching than the news itself.