The Senate is preparing to separate sports betting and casino-style contracts from prediction markets. Once regulatory standards tighten, liquidity and trading activity are typically the first to be impacted in this sector. This type of news is unfavorable to the related narrative, and the market will likely price in compliance risks first. For targets like $ENA that tend to be traded together, short-term selling pressure is likely to be significant. $ENA

ENA7,88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin