‘Explosion’ in election gambling will harm public interest: CFTC
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.” Go to Source
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Biden’s reelection odds brush single digits on Polymarket
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. Go to Source
FTX Increases Trump Futures Margins Before the Election, Biden Futures Lead by 64%
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 … Read more
Cryptocurrency Futures and Prediction Markets Show Trump Wins the US 2020 Election
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: … Read more
Options Giant CME Launches Bitcoin Futures — Here’s What to Expect
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. … Read more
