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It's Wednesday, August 21st, and this is Markets Daily, hosted by me, Jen Sanassi. On this show,

we navigate the currents shaping the crypto markets, providing insights against the broader

financial landscape. So whether you're actively trading or simply fascinated by the volatility

of crypto markets, the show is your compass to understanding what's happened where we are and where

we're going. Good morning,

everyone. Today we are taking a deep dive into prediction markets. Now ahead of the November

election in the United States on this show, we've mentioned prediction markets a ton even this

morning. One of the headlines on coin desk.com is that Trump has passed Harris on polymarket polls. As of this morning, better of the headlines on coindesk.com is that Trump has passed Harris on

polymarket polls. As of this morning, betters put Trump at a 52% chance of winning the election

in November, while Harris has slid to 47%. Now, prediction markets have become a pillar in the

crypto world and play a vital role in understanding and forecasting events with

significant implications for the crypto space. Let's break down the importance of these markets.

...