The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”
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Former U.S. President Donald Trump is still in the lead at odds at 61%, while U.S. Vice President and Democrat Kamala Harris is second with 19% odds.
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At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to $0.50 for its TRUMP token contracts. Individuals who don’t live […]
The post FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64% appeared first on Bitcoin News.
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In less than 270 days the United States will have its 2020 election and millions of people worldwide will be betting on whether Donald Trump is reelected. Cryptocurrency participants are currently wagering their digital assets on the election outcome, where the odds on prediction markets and betting sites indicate Trump will likely win. Also read: […]
The post Cryptocurrency Futures and Prediction Markets Show Trump Wins the US 2020 Election appeared first on Bitcoin News.
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Last week the Chicago Board Options Exchange (Cboe) introduced its bitcoin-based futures markets and the first day got a reasonable level of fanfare. Now the largest options exchange in the world, the Chicago Mercantile Exchange (CME Group) has launched its bitcoin derivatives products. Here’s what you can expect from CME Group’s bitcoin futures opening day. […]
The post Options Giant CME Launches Bitcoin Futures — Here’s What to Expect appeared first on Bitcoin News.
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