๐บ๐ธ๐ฎ CFTC Chairman Backs Polymarket: Sometimes More Accurate Than Polls
CFTC Chairman Michael Selig argues that prediction markets are a vital tool for debunking fake news, noting they proved more accurate than traditional polling during the 2024 election.
He emphasizes the need for US regulatory guardrails to foster domestic innovation and prevent jobs from moving offshore. Selig further highlights that unlike casinos where players bet against the house, prediction markets provide legitimate financial value through essential investor protections like order books. #regulation
CFTC Chairman Michael Selig argues that prediction markets are a vital tool for debunking fake news, noting they proved more accurate than traditional polling during the 2024 election.
He emphasizes the need for US regulatory guardrails to foster domestic innovation and prevent jobs from moving offshore. Selig further highlights that unlike casinos where players bet against the house, prediction markets provide legitimate financial value through essential investor protections like order books. #regulation
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๐จ๐ณ๐ President Trump threatens a 50% tariff on China if it sends weapons to Iran. #tradewars
๐ฐ #BTC Bitcoin has a large short liquidity cluster above $74K.
Funding is negative, indicating a potential short squeeze.
Funding is negative, indicating a potential short squeeze.
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1. Trump orders US Navy to blockade Strait of Hormuz. โ
๐ 375 | โค๏ธ 3 | ๐ 6
2. Bitcoin short liquidity cluster above $74K, potential short squeeze. โ
๐ 287 | โค๏ธ 3 | ๐ 6
3. Bitcoin declared dead 472 times, $1,000 investment worth $75M. โ
๐ 325 | โค๏ธ 2 | ๐ 6
4. Bitcoin price drops below $72,000 on US-Iran deal concerns. โ
๐ 253 | โค๏ธ 0 | ๐ 5
5. Saudi Arabia restores oil pipeline, bypassing Strait of Hormuz. โ
๐ 299 | โค๏ธ 3 | ๐ 3
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๐ฃ President Trump says he created the "greatest stock market in history."