Polymarket sees surge in daily volume and users amid token launch speculation
After a four-day slump, Polymarket's trading daily volume spiked led by U.S. elections-related activity.
The recent rally is likely driven by derivatives trading, which might prompt a consolidation period without significant spot volume.
Despite a ban on crypto, China holds 55% of Bitcoin hashrate, with US mining pools coming in second with a 40% share.
Ethereum outflows contrast broader market rebound following dovish Fed stance.
Experts believe that the approval would pave the way for more diverse funds providing exposure to Bitcoin.
Harris eyes regulatory clarity for crypto and AI sectors if elected president.
SEC Commissioner Mark Uyeda said World Liberty Financial will be required to meet the same disclosure and transparency standards that apply to all crypto-related firms in the US.