When can I use GLM?

Excuse me, I'm a bit curious about the usage of Generalized Linear Models (GLM) in the realm of cryptocurrency and finance. Could you elaborate on when it's most appropriate to utilize GLM in this context? I'm particularly interested in understanding whether it's suitable for predicting market movements, analyzing trading patterns, or modeling risk. Also, could you provide a brief overview of the prerequisites for employing GLM effectively in the field? I'd appreciate any insights you could offer. Thank you in advance for your valuable input.