Bernstein

Polymarket’s U.S. affiliate has applied for a National Futures Association license as part of a plan to offer margin trading to U.S. customers. The effort would still require Commodity Futures Trading Commission approval for rulebook changes allowing positions that are not fully collateralized.

Bernstein says vertically integrated prediction market platforms are reshaping the competitive map across sportsbooks, exchanges and consumer finance firms. The broker argues that this shift could accelerate acquisitions and make major industry combinations more plausible.

Robinhood emerges as the top crypto deregulation trade, with Bernstein raising its price target to $51. Discover how Robinhood’s acquisition of Bitstamp and expanding crypto offerings could reshape the market under a pro-crypto regulatory environment.

Bitcoin could surge to $90,000 by the end of 2024 if Donald Trump wins the U.S. presidential election, according to a report by broker Bernstein.

Bitcoin ETF inflows surpass expectations, driving Bernstein's conviction in its $150K price target.