A post I came across at 20:46: The U.S. Court of Appeals for the Second Circuit denied Kalshi and a certain exchange’s motion for a preliminary injunction.
Negative shocks often hit fast and fade quickly. The key is whether more bad news follows. Let’s see whether funding rates suddenly become heavily one-sided.
$BTC Current price: 78230.01. For now, focus on this; the full details are still emerging.