First Mover: 11 Election Talking Points on Bitcoin as TRUMP Futures Point to ...
From a look-back to bitcoin's price reaction in November 2016 to the ramifications of a "blue wave" (or red), here's how to play the election.
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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 in the United States can participate in betting on the U.S. 2020 presidential election by leveraging the trading platform FTX. News.Bitcoin.com reported on FTX launching its TRUMP token futures contracts back in February, as our newsdesk disclosed a number....
The election of Donald Trump, the future President of the United States scheduled to take office on January 20, 2017, has thrown the global economy and world financial markets into turmoil. Consequently, the price of Bitcoin has surpassed $731 and is presumed to reach a multi-month high of $745. Predictions wrong. Contrary to most experts and analysts, Trump enjoyed a dominant victory over Democratic candidate Hillary Clinton, with a lead of 58 electoral votes. Prior to the election however,the mainstream media and American markets predicted that Trump had as little as 15 percent chance of....
This week on Bitcoin Uncensored, Chris and Junseth provide the most accurate and reliable analysis of the 2016 US presidential election. Based on what we heard, Junseth probably rigged the election so Trump could pump his bitcoin investments. Junseth Gets on the Trump Train. At this point in the week, the election has been beaten to death, but the Bitcoin Uncensored guys give the cryptocurrency community a fresh perspective on the race, discussing which candidates would be most beneficial to Bitcoin’s growth and development. “I made all the Bitcoin votes,” Junseth said. “Donald Trump I....
Crypto-powered election futures have seen a wild 24-hours of trade, with decentralized platforms Augur and Polymarket posting record volumes. The 2020 U.S. presidential election has driven significant action across crypto-powered predictive markets.Ethereum’s co-creator Vitalik Buterin took to Twitter during the counting of votes to praise the success enjoyed by crypto-powered prediction platforms amid the election season, stating:“Regardless of who wins from here, I definitely think that the prediction markets have proven themselves more accurate than the polls/models this time....
Emerging Ethereum-powered predictions platform Polymarket produced six-figure volume amid the first presidential debates. The first debate of the 2020 U.S. presidential election had no clear winner, but crypto-powered prediction platforms are having a field day. Election futures on crypto derivatives exchange FTX boomed, with the platform’s CEO reporting more than $4 million in open interest trying to pick the winner between Democrat Joe Biden, and Republican Donald Trump. On FTX, Trump’s brash debate performance got a big thumbs down and drove a 10% crash in the price of futures contracts....