The asset, which has been valued at less than $1.00 for nearly all of its life, gained ground this week and rallied to $0.985 for the first time since August. Its volatile gains aren’t doing anything to fix GHO’s reputation as a not-so-stablecoin, but they do set the token close to the levels one might expect from an asset that’s supposed to be worth a dollar – not $0.96.
Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress
As a result of this significant development, the ether implied volatility curve, which shows market expectations of future volatility across...