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NFL Sides With States Against Kalshi in Supreme Court Prediction Market Fight

Published Source: DecryptRead original

Crypto Insight Summary: The NFL urged the Supreme Court to resolve a circuit split over whether states can regulate sports contracts on prediction markets, arguing they're gambling, not federally regulated swaps. Crypto Insight Analysis: Direction: Bearish GT / Neutral ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: NFL's stance on prediction markets may deter sports betting tokens like GT, but broader crypto market impact is limited.

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NFL Sides With States Against Kalshi in Supreme Court Prediction Market Fight — Crypto Insight