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News Explorer — Crypto Prediction Market Polymarket Is Gaining Influence Ahead of Election: Bernstein

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Jul 1, 1:04 pm
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Crypto Prediction Market Polymarket Is Gaining Influence Ahead of Election: Bernstein

A report from Bernstein Research highlights the influence of blockchain-based prediction markets, specifically Polymarket, in forecasting the 2024 U.S. presidential election. Polymarket has attracted over $200 million in bets, with current odds showing Donald Trump leading with a 63% chance of victory. The report emphasizes how these markets bring transparency and efficiency to political betting, and may play a significant role in shaping public perception and media coverage of the election.

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