Institutional crypto trading reaches record 72% share
Institutional investors made up a record 72% of cryptocurrency trading volume in July, showing a continued shift towards professional market participants.
Institutional investors made up a record 72% of cryptocurrency trading volume in July, showing a continued shift towards professional market participants.
China Business Journal said fraudsters impersonated its journalists and demanded Bitcoin (CRYPTO:BTC) from companies by threatening to publish negative reports if payments were not made.
A group of US senators has questioned government agencies about President Donald Trump's cryptocurrency ventures as Congress continues debating digital asset legislation.
US senators agreed on revised ethics language for the Digital Asset Market CLARITY Act after rejecting an earlier White House-backed proposal aimed at limiting conflicts of interest.
Bank for International Settlements Project Agorá brought together more than 40 financial institutions to test US$1 million in tokenised cross-border payments.
Brazil bought US$14.68 billion worth of stablecoins during the first half of 2026, exceeding purchases of Bitcoin (CRYPTO:BTC) and reinforcing the country's preference for dollar-pegged digital assets.
Hyperscale Data sold 100 Bitcoin (CRYPTO:BTC) to help fund its AI data centre business, shifting part of its treasury into infrastructure investment.
Jim Citrin, Chair, Global CEO Practice at Spencer Stuart, discusses the upcoming CEO transition at Apple as Tim Cook prepares to step down on September 1, with John Turner set to take over. Citrin emphasizes the critical importance and difficulty of CEO succession, especially at a company like Apple known for its excellence. He speaks with Romaine Bostick & Emily Graffeo on "The Close."
Apple stocks tumbled in late trading after component shortages weighed on the company's sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated. It also gave a forecast that is weaker than expected, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacts to the mixed earnings report. Bloomberg.com and Terminal subscribers can send in their questions for Carol Massar and Tim Stenovec to ask guests live on-air. Just go to Bloomberg.com/askradio
Nabila Popal, Senior Director of Data & Analytics at IDC, discusses the current state of the global smartphone market, highlighting a 7% decline in shipments in the second quarter due to extended upgrade cycles and a memory crisis impacting supply chains. Despite these headwinds, Apple has demonstrated remarkable resilience, achieving double-digit year-on-year shipment growth of 15% and strong iPhone revenue performance. She speaks with Romaine Bostick & Emily Graffeo on "The Close."
XPO CEO Mario Harik discusses the company's impressive second-quarter performance, noting a 300 basis point improvement in operating margins, reaching over 20% for the first time in XPO's history. This margin expansion was driven by accelerating demand, volume growth, pricing improvements, and operational efficiencies. He speaks with Romaine Bostick & Emily Graffeo on "The Close."
Amazon 2Q earnings beat Wall Street estimates Tuesday, sending stocks climbing in after hours trading. The company reporter its 5th straight quarter of cloud share growth, the 37% increase being the fastest for Amazon since the end of 2021. Bloomberg Intelligence Senior Analyst for E-Commerce Poonam Goyal, and Bloomberg Intelligence Senior Technology Analyst Anurag Rana break down the earnings numbers as they roll in.