Dehui德惠Capital

🧧666U's ETH🧧
In 2026, may you achieve success
🧧🧧🧧🧧🧧🧧🧧
The confusion at that time has become a landscape later.
Those obstacles that once seemed insurmountable, the tangled nights, looking back, have all become the most vivid paragraphs in the story.

#Kalshi与内华达州的监管权争议
As of April 2026, Kalshi's regulatory conflict with the state of Nevada has entered a critical phase. The core of this dispute lies in whether Kalshi's federally regulated "event contracts" are equivalent to "sports DUBO" under Nevada state law. Currently, the state courts have continually ruled against Kalshi, ordering it to cease operations and implement geographic fencing.

Focus of the dispute: Federal law precedence vs. state BOCAI law

Kalshi argues that its contracts fall under the CFTC-regulated "swap" trading, and federal law should take precedence over state law. However, Nevada Judge Jason Woodbury pointed out in his ruling that whether wagering at Caesars Palace or purchasing contracts on the Kalshi platform, "the actions are indistinguishable" and both constitute illegal BOCAI activities.

It is noteworthy that the CFTC has clearly sided with Kalshi, not only supporting its position but also suing several states, including Nevada, accusing them of infringing on federal exclusive jurisdiction. However, during the hearing at the Ninth Circuit Court of Appeals, the judges generally expressed skepticism about Kalshi's position, believing it could undermine Nevada's BOCAI regulatory framework.

Timeline: From federal litigation to state injunction

This dispute began in March 2025 when Nevada issued a cease-and-desist order, followed by Kalshi filing a federal lawsuit and temporarily obtaining an injunction. However, the situation reversed in November 2025 when the court lifted the injunction. In February 2026, the Ninth Circuit Court of Appeals cleared the way for state enforcement.

Subsequently, the Nevada courts acted swiftly:

㊙️ March 20: Issued a 14-day temporary restraining order (TRO).
㊙️ April 3: Transitioned to a preliminary injunction and ordered Kalshi to implement geographic fencing to block Nevada users by May 4.

Industry impact and legislative dynamics

Nevada has become the first state in the nation to implement an effective injunction against Kalshi. If this position is ultimately established, it could trigger similar actions by other states. Kalshi warns that if it must block users by state, it will violate CFTC requirements for nationwide uniform access to products.

Meanwhile, Congress is also intervening in the game. Senators Schiff and Curtin introduced a bill on March 23 aimed at prohibiting CFTC-regulated entities from offering sports event contracts and casino-style games.

Extra! Extra! 📣📣📣
Trump tweeted that a charity
gala will be held at Mar-a-Lago on
April 25, 2026 🌈🌈🌈🌈
Holding a certain amount of TRUMP coins allows participation.
First 297: Can attend the general meeting + charity lunch (a few tens of thousands of coins will do)
First 29: Additional VIP treatment, including private reception with Trump, champagne toast, private cocktail party, etc. (over a million dollars in Trump coins)
And the highest point of TRUMP coins has already dropped by 96.53%

Is now a good time to get on the TRUMP train? ❓❓❓
#特朗普最后期限施压伊朗 #特朗普接受比特币和加密货币作为总统竞选捐赠渠道

#Strategy增持比特币
TRUMP is about to take off,

#TRUMP🚀🚀🚀
TRUMP Market Trend Analysis
Face: Event-driven volatility as the main focus
Mar-a-Lago Luncheon——The biggest event catalyst

The project party announced that on April 25, an exclusive luncheon will be held at Mar-a-Lago in Florida, with only 297 seats available. The top 29 whale holders by coin amount can participate in the private reception, and Donald Trump himself will be present. Participants must be screened based on weighted rankings of coin holdings from March 12 to April 10.
Holding TRUMP gives a chance to take off🚀🔥🚀

After this news was announced on March 13, the price rebounded 56% from a historical low of $2.73 to $4.26. However, subsequent analysis pointed out that this is essentially a "strategic holding" incentive—large holders can buy in during the calculation period to boost rankings and then immediately sell after the event ends, making the rebound lack sustainability. #特朗普最后期限施压伊朗 #Strategy增持比特币

#加密市场反弹 Market rebound, take off 🔥🚀🚀🚀
Go long, eat meat, meat 🥩

#巴菲特卸任后首访
Hello everyone! I am Dehui!
Warren Buffett gave his first major public interview after stepping down as CEO of Berkshire Hathaway on January 1, 2026. He appeared on CNBC's "Squawk Box" program on March 31, 2026, for an in-depth interview lasting nearly an hour.

Key points summarized:

📈 Investment and Market: Holding a large sum, patiently waiting

· Market view: Regarding the decline of the US stock market this year, he believes "it's nothing" and mentioned that during his tenure at Berkshire, the stock price fell more than 50% three times.
· Cash is king: The company holds over $350 billion in cash and Treasury bills, and recently purchased approximately $17 billion in government bonds, still waiting for a truly "good opportunity."
· Apple holdings: Admitted to "selling too early," but bought in much earlier, this investment has generated pre-tax profits exceeding $100 billion. He believes Apple is a better consumer goods company than any of the subsidiaries under the company, but unless the price drops to a sufficiently attractive level, he will not increase his holdings in the current market environment.

🤝 Personal Life and Work Status: Retired but not idle

· Although he has nominally stepped down, he still goes to the office every day and participates in some investment discussions. Recently, he also made a "small buy," but did not disclose what exactly he bought.
· He highly praised the capability and efficiency of his successor, Greg Abel.

💼 Economy and Financial System: Warning of Risks

· Advice to the Federal Reserve: He believes the Federal Reserve's 2% inflation target is too high and will erode the purchasing power of ordinary people in the long run, expressing the hope for a "zero inflation target."
· Vulnerability of the financial system: He warned that the close ties between banks and non-bank institutions create "inherent vulnerabilities," and once market panic spreads, problems at one institution could quickly transmit.
· Criticism of market as a "casino": He believes the current capital market is overly speculative, filled with day trading, sports betting, and other short-term gambling behaviors, rather than long-term investments.

🌍 Geopolitics and Nuclear Threats: Deep concern

· The most serious threat: He explicitly stated that the proliferation of nuclear weapons is the most serious issue facing the world today, and he is deeply concerned about it.

🏆 Charity and Personal Relationships: Restarting lunches, etc.!