Prediction markets are running at an annualized revenue rate above $3 billion, up from about $2 billion in December, and could reach $10 billion by 2030, according to a recent report by U.S. bank Citizens.

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Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets.

What to know:

  • Bitcoin (BTC) rose to just shy of $76,000 in morning U.S. trade on Tuesday, its highest level since the Feb. 5 crash that sent prices plunging to $60,000.
  • Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets.
  • The next test…

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