When the License Isn't Enough: New York v. Kalshi and the Regulatory Fault Line in Prediction Markets
On paper, Kalshi did everything right. It holds a designated contract market...
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Fear
Market Sentiment
Independent validator client goes live on mainnet
Block reward halving event
Improves data availability sampling efficiency
92 million ARB released
Circulating supply increases by about 2%
Team and early investor shares released
Raises validator limit and account abstraction
Block reward reduced to 3.125 BTC
Bitcoin Season
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