Prediction markets might genuinely be one of the strangest evolutions in modern finance.
People are no longer just investing in companies or cryptocurrencies anymore. Now they’re trading probabilities, narratives, and real world outcomes.
You can find markets for elections, sports, macroeconomic decisions, Bitcoin milestones, and sometimes completely bizarre topics that look more like internet memes than financial products.
Part of me thinks prediction markets make sense because collective se...
May 15 Update:
#Bitcoin ETFs:
1D NetFlow: +1,761 BTC(+$139.54M)🟢
7D NetFlow: -12,802 BTC(-$1.01B)🔴
#Ethereum ETFs:
1D NetFlow: -2,350 ETH(-$5.21M)🔴
7D NetFlow: -93,376 ETH(-$206.83M)🔴
#Solana ETFs:
1D NetFlow: +125,256 SOL(+$11.15M)🟢
7D NetFlow: +672,781 SOL(+$59.88M)🟢
https://x.com/lookonchain/status/2054932094523261319
I still don't understand the LUNA community. They're still expecting LUNC to return to $1, which is really difficult because it's not just based on LUNC, but also on USTD. If the value of USTD drops, LUNC is printed, and if USTD rises, LUNC rises. But the currency needs more than a billion in effective liquidity, and some people still think that if 50 million, 500 million, or 1 billion is injected, it will return. But in reality, it all depends on the actual liquidity of the project. If the mark...