- What is the “New state Bitcoin reserve before March?” market asking?
- It asks whether the following will happen: New state Bitcoin reserve before March? Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 0.0¢ and No at 100.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved No on 1 Mar 2025. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- This market will resolve to "Yes" if any US state holds any amount of Bitcoin in its reserves at any point between January 20, 2025, ET and February 28, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". Note that a state confiscating Bitcoin does not count as holding Bitcoin reserves. Only a state government acquiring Bitcoin to hold in reserve will count toward a "Yes" resolution; a lower government such as a municipality acquiring Bitcoin will not qualify. The primary resolution source for this market will be official information from a relevant state government, however a…
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
