News list for " speculators"
Bitcoin speculators are bracing for the possibility of significant market volatility following Tuesday's U.S. election day, with Caroline Mauron, co-founder of crypto derivatives trading liquidity provider Orbit Markets, saying that the options market also foreshadows expected volatility of around 8 percent the day after the vote, compared to the 2 percent that normally goes up or down. However, he also pointed out that after November 7, there was no significant volatility premium in the market,...
Decentralized forecasting platform Polymarket reached $100 million in monthly trading volume in June as speculators ramped up their predictions about the outcome of the US Presidential Election. January-May trading volume hovered between $38.90 million and $63 million, up 620% from the previous five months (August-December 2023). Token Terminal data shows that the total value locked up by Polymarket is currently $40.20 million, an increase of nearly 69% over the past 30 days.
