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Crypto
Bernstein sees prediction markets' annual trading volume reaching $10 trillion by 2035
Bernstein estimates prediction markets will reach $10 trillion in annual trading volume by 2035, from an estimated $410 billion this year. It expects about 70 percent compound annual growth through 2035, with the market shifting from sports toward contracts tied to financial assets such as cryptocurrencies, stocks and commodities. Activity has already surged, and crypto and commodities trading have risen sharply on Kalshi. U.S. regulatory uncertainty remains a key variable.
Games & Commerce
Ubisoft aims to restart Rayman series with Rayman Legends Retold
Ubisoft is developing "Rayman Legends Retold" not only to recreate a past hit but to relaunch the Rayman series, keeping the original feel while reorganising its development team and technology base. Producer Loic Gounon said a remake was a realistic starting point. The game replaces hand-drawn 2D visuals with 3D art, adds new levels, expanded cinematics and full voice acting. It is due on Dec. 3 for Switch 2, PS5, Xbox Series X/S and PC.
Crypto
Australia long-term economic outlook omits cryptocurrency; industry says it misses AI financial infrastructure
Australia’s government has identified artificial intelligence as a key force that will reshape the economy over the next 40 years, but left out cryptocurrencies and digital assets from its long-term economic outlook. The Treasury’s latest Intergenerational Report lists AI among five major shifts, alongside geopolitical conflict, ageing, the clean energy transition and a move toward services. Industry figures said the report overlooks financial infrastructure needed for AI-driven transactions, even as other government documents discuss programmable, interoperable payments.
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Crypto
SEC, CFTC step up crypto rulemaking after Clarity bill stalls in U.S. Senate
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Crypto
AI slowdown view hides financial risks? Arthur Hayes says it could benefit bitcoin
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Crypto
ECB calls for overhaul of stablecoin reserve rules, citing liquidity risk
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Crypto
Crypto industry signals election spending push after Clarity Act stalls
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AI & Enterprise
Alibaba unveils its own Zhenyu V900 AI chip, plans to expand data centers to 20 GW by 2032
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Crypto
Solstice CEO says crypto extreme boom-and-bust cycles becoming less pronounced
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Crypto
Dogecoin hits highest level in months; trend reversal uncertain
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Crypto
Altcoin market cap jumps 33 percent as signal points to altcoin season
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AI & Enterprise
MSIT to hold challenge to turn residents' ideas into R&D for local issues
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Crypto
Early Ethereum whale buys back 8,492 ETH at $2,794 after selling at $2,010
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Crypto
XRP seen with long-term upside; Peter Brandt flags scope for jump to $5.40
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Crypto
Bitcoin MVRV momentum turns positive, echoing early 2019 and 2023 bull market pattern
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Finance
Toss Bank to run customer service centre 24/7 during Chuseok holiday
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Crypto
Strive CRO says bitcoin holdings could double about every 12 weeks
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Crypto
Bitcoin short bets wiped out in $1 billion liquidations as focus turns to $90,000