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Mid-October $SOL , near 175, near 120 by the end of the year, pinned, stay tuned
Mid-October $SOL , near 175, near 120 by the end of the year, pinned, stay tuned
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$SKHYNIX it's over, I feel like there's no chance
$SKHYNIX it's over, I feel like there's no chance
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$ETH may be able to get back to 1950 again; it's probably something that will happen in about two months.
$ETH may be able to get back to 1950 again; it's probably something that will happen in about two months.
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$ETH garbage can’t hold up anymore, preparing to jump into the water
$ETH garbage can’t hold up anymore, preparing to jump into the water
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$ETH You guys, you came so hard—finally pulled it back
$ETH You guys, you came so hard—finally pulled it back
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$BANK surprisingly could let the short sellers get off safely, trash
$BANK surprisingly could let the short sellers get off safely, trash
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$BANK This is really garbage. How can you let the shorts get out of their positions? I’m impressed.
$BANK This is really garbage. How can you let the shorts get out of their positions? I’m impressed.
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$BANK really is a dog—stared at it for a long time, and the moment I went in it started jumping like crazy
$BANK really is a dog—stared at it for a long time, and the moment I went in it started jumping like crazy
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CFTCSubmitsTwoEventContractRulesToWhiteHouse
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#cftcsubmitstwoeventcontractrulestowhitehouse
🏛️ CFTC just sent "Event Contract" rules to the White House! But wait, what on earth is an event contract? 🤔
Simply put, it's a financial contract that lets you bet on real-world outcomes—like who wins the election or what the Fed will do next.
So, what are these two rules about?
- Rule 1: Ban casino-style gambling products from being classified as swaps. (Sorry, no poker chips here! 🎰)
- Rule 2: Officially pull event contracts into the regulated swap definition.
Does this affect your crypto or stocks?
Directly? No. But indirectly, it's a huge deal for decentralized prediction markets (like Polymarket) where users bet on events using crypto. CFTC wants to regulate these event bets under strict financial frameworks!
What should traders do?
Keep your eyes on the regulations, don't overleverage on prediction markets, and focus on your spot/futures bags.
Not financial advice.
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