๐ Money votes with its feet:
โU.S. CFTC sues Utah to stop it from restricting prediction market Kalshiโ
After the news broke, I only asked three questions related to money:
1. Which way are buyers and sellers leaning?
2. Can trading volume of $BTC ($1.026 billion in 24h) keep growing?
3. Are there any unusual inflows to exchanges on-chain?
Only if all three point in the same direction does this news really carry weight; otherwise, itโs probably just a sentiment swing.
Figure out whether this is a new development or just old news being recycled.
โU.S. CFTC sues Utah to stop it from restricting prediction market Kalshiโ
After the news broke, I only asked three questions related to money:
1. Which way are buyers and sellers leaning?
2. Can trading volume of $BTC ($1.026 billion in 24h) keep growing?
3. Are there any unusual inflows to exchanges on-chain?
Only if all three point in the same direction does this news really carry weight; otherwise, itโs probably just a sentiment swing.
Figure out whether this is a new development or just old news being recycled.