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Bitcoin May Be Underestimating a Democratic Midterm Victory, Hilbert CIO Warns

Bitcoin May Be Underestimating a Democratic Midterm Victory, Hilbert CIO Warns

Photo: Crypto Economy

TL;DR: Prediction markets assign a 94% probability to Democrats taking control of the House of Representatives, projecting 235 seats versus 186 for Republicans. Options contracts show that five-delta puts are trading at a 13-point premium over at-the-money volatility, compared to just two points for call options. Binance recorded net outflows of approximately $3.5 billion following ... Read more

Source: Crypto Economy

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