CryptoBreaking News

Ireland's technology sector, heavily exposed to US multinationals, is facing widespread AI-driven labor market disruption and declines in its high tech employment rates. Bloomberg's Olivia Fletcher has more.

Amundi Investment Institute Head Monica Defend explains where she sees value in the AI supply chain. "Industrial is going to be a key sector because of its weight on on the market and because this is the sector where we have the AI enablers," Defend tells Bloomberg Television. "This is where we think the value and the performance might come from."

Oil swung in a narrow range as flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies. Bloomberg's Stephen Stapczynski reports.

Businesses in South Africa are investing in renewable energy to protect against rolling blackouts and steep price increases from state-owned power utility Eskom Holdings. Bloomberg's Jennifer Zabasajja reports.

ABcripto, the Brazilian Cryptoeconomy Association, asked the Central Bank of Brazil to suspend a proposal that would impose a 24-hour delay on stablecoin transfers exceeding US$10,000.

Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Lighter's LIT (CRYPTO:LIT) token climbed more than 20% to US$2.60, its highest level since January, after the perpetual futures exchange announced a tokenomics update that introduces token burns and revises its staking reward model.

Bitcoin (CRYPTO:BTC) spot exchange-traded funds attracted US$221.7 million in net inflows on 2 July, ending a 10-session outflow streak as on-chain data indicated large investors had been accumulating Bitcoin since 30 June.

Abu Dhabi has spent years building one of the Gulf's fastest-growing stock markets through a wave of blockbuster IPOs, only to now take one of its biggest companies private. Bloomberg's Laura Gardner Cuesta reports.

Nigel Farage, leader of Reform UK, rejected allegations that he improperly accepted undisclosed gifts from George Cottrell, a crypto-linked businessman convicted of wire fraud in the United States.

European NATO allies have mostly replaced the assets that the US has cut from its rescue plans in case of a war in Europe, Deputy Supreme Allied Commander Europe Sir John Stringer told Bloomberg TV in an interview. "European allies have definitely stepped up in terms of backfilling the adjustment in the US forces in Europe," he said

Adjusted stablecoin transaction volume reached a record US$1.79 trillion in June, up 63% from US$1.10 trillion in May and 125% higher than a year earlier, according to Visa's Allium-powered analytics dashboard.