市场

The prediction market platform Kalshi is suing the Nevada and New Jersey gaming commissions

ChainCatcher news, according to The Block, the prediction market platform Kalshi has filed a lawsuit against the gambling regulators of Nevada and New Jersey after receiving a cease-and-desist order from them. The regulators demanded that Kalshi stop offering sports-related contracts, arguing that such activities constitute sports betting, which can only be provided by entities licensed by the state.Kalshi argues in the lawsuit that, as an exchange regulated by the Commodity Futures Trading Commission (CFTC), it should be exclusively regulated by the federal government, and the Commodity Exchange Act takes precedence over state laws. The Nevada Gaming Control Board believes that Kalshi's contracts constitute gambling because the payouts are entirely dependent on the outcomes of external events, rather than the actions of the contract participants.Kalshi's CEO Tarek Mansour stated that prediction markets are an important innovation of the 21st century, and the company will defend this technology in court. The core of the dispute is whether event-based or sports-related contract trading constitutes gambling regulated by state governments or falls under the exclusive regulation of federal authorities as financial derivatives trading.ChainCatcher previously reported that New Jersey regulators have demanded Robinhood and Kalshi to cease providing sports betting services.

4E: Tariff threats weigh on US stocks and Bitcoin, market focuses on tonight's US February PCE data

ChainCatcher news, according to 4E monitoring, Trump announced a 25% tariff on all non-American made cars and warned that if Canada and the EU retaliate together, they will face harsher tariff reprisals. This tough stance has heightened market panic, overshadowing better-than-expected GDP data and escalating trade war concerns. U.S. stocks fell for the second consecutive day, with the S&P 500 down 0.33%, the Dow down 0.37%, and the Nasdaq down 0.53%.The cryptocurrency market generally declined, with Bitcoin dropping below $86,000 due to the weak opening of U.S. stocks, but later narrowed its losses as U.S. stocks rebounded, closing at $87,216, down 0.4% in 24 hours. Other major tokens also saw slight declines, with Ethereum fluctuating around $2,000. Overall market sentiment is low, and until Trump's tariff actions become clearer, the short-term upward potential of the market may still be limited.In the forex commodities sector, the U.S. dollar index fluctuated down 0.25%; a significant decline in U.S. inventories supported rising oil prices, but tariff policies dampened demand expectations, leading to a weakening of the oil price rally; heightened risk aversion pushed spot gold up 1.23%, breaking through $3,060, reaching a historic high.The market is focused on the PCE inflation data for February, which will be released tonight at 20:30. The market expects the year-on-year PCE inflation to be around 2.5%, with core PCE possibly rising to 2.7%. If the data remains strong, it may delay the market's expectations for interest rate cuts. Additionally, as April 2 approaches, the final determination of Trump's "reciprocal tariffs" policy is also under close scrutiny.
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