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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | From Bets to Blockchain: Inside Polymarket's Rise

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 24 September 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie.

To get the show every day, follow the podcast here.

CoinDesk's Jennifer Sanasie breaks down Polymarket's rise to power as a predictions market and the next steps for the platform, including more fundings and a potential token launch. Plus, the regulatory concerns it faces in the United States.

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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and Melissa Montañez, and edited by Victor Chen. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.4

It's Tuesday, September 24th, and welcome to Market's Daily. This show is hosted by me, Jen Sanassi.

0:55.0

As you know, on this show, we navigate the currents shaping the crypto markets, providing

1:00.1

insights against the broader financial landscape. So whether you are actively trading or simply

1:05.3

fascinated by the volatility of the crypto markets, this show is your compass to understanding

1:10.8

what's happened where we are

1:12.4

and where we're going. Good morning, everyone. Happy Tuesday. Today we're talking about a new

1:19.1

development with the platform everyone loves to talk about polymarket. The prediction market has

1:25.5

become popular among crypto natives and non-crypto-natives

1:29.3

alike leading up to the U.S. elections. Folks are taking to the platform to place their bets on

1:35.1

who they think will win. As of this morning, Trump was at 48% and Vice President Harris was at a 51%

1:43.0

chance to win the election.

1:45.2

Now, let's compare that to a Coin desk poll that we did on X recently.

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