Prediction markets grow amid cryptocurrency pullback

Polymarket achieved a $9 billion valuation through a major investment, highlighting the rapid maturation of prediction markets. This surge occurs as broader cryptocurrency markets experience a downturn. Competition intensifies between Polymarket and Kalshi, with varying volumes in sports and politics betting.

Morgan Stanley expands crypto fund access for all wealth clients

11. oktober 2025 Rapporteret af AI

Morgan Stanley announced on October 10 that starting October 15, its financial advisors can offer cryptocurrency funds to any wealth management client, regardless of account type or asset level. This policy shift removes prior restrictions limiting access to high-net-worth individuals with aggressive risk profiles. The change aligns with evolving U.S. regulatory approvals for crypto exchange-traded funds.

Dubai regulator fines 19 crypto firms for licensing breaches

Dubai's Virtual Assets Regulatory Authority (VARA) has imposed fines on 19 cryptocurrency companies for operating without licenses and violating marketing rules. Penalties range from $27,000 to $163,000, with orders to halt operations immediately. The crackdown aims to protect consumers and ensure regulatory compliance in the emirate's digital asset sector.

UK lifts ban on retail access to crypto ETNs

9. oktober 2025 Rapporteret af AI

The UK's Financial Conduct Authority has ended its four-year ban on retail investors accessing bitcoin and crypto exchange-traded notes, effective October 8, 2025. This allows firms to offer these products on approved exchanges like the London Stock Exchange. The move could boost the UK crypto market by up to 20%, according to research.

CF Benchmarks forecasts Bitcoin reaching $148,500 by year-end

A new report from CF Benchmarks predicts Bitcoin will rise 20% to $148,500 by the end of the year, driven by regulatory changes and institutional demand. It also expects the number of crypto exchange-traded funds to double to 80, with stablecoin assets hitting $500 billion in 2026. These projections come amid a supportive US policy environment and monetary easing.

US dollar index hits two-month high despite Fed rate cuts

The US Dollar Index (DXY) has climbed to its highest level in two months, reaching 98.9 points since the Federal Reserve's September rate cut. This rebound contradicts expectations of dollar weakening and coincides with Bitcoin's decline, highlighting their inverse correlation. Analysts attribute the rise to global political instability and market dynamics.