CryptoBreaking News

Securitize has secured shareholder approval for its merger with Cantor Equity Partners II, clearing the final major hurdle before the combined company is expected to begin trading on the New York Stock Exchange under the ticker SECZ on 3 July.

Chinese businessman Miles Guo, also known as Guo Wengui, has been sentenced to 30 years in a US federal prison and ordered to forfeit US$889 million after being convicted of fraud and conspiracy offences linked to a cryptocurrency investment scheme that prosecutors said raised more than US$1 billion.

The US Supreme Court ruled 5-4 that President Donald Trump cannot, for now, remove Federal Reserve Governor Lisa Cook, preserving the central bank's current leadership as Bitcoin (CRYPTO:BTC) traded below US$60,000.

Australia will begin enforcing its cryptocurrency travel rule on 1 July, requiring users of regulated crypto exchanges to provide additional information for all incoming and outgoing cryptocurrency transfers as part of new anti-money laundering requirements.

ARK Invest purchased about US$43.5 million of crypto-related stocks over the past three trading days, led by additional investments in Coinbase Global and Circle Internet Group as the sector traded lower.

Bitcoin (CRYPTO:BTC) is attracting buying interest from sovereign wealth funds at current price levels, with MidChains Chief Executive Officer Basil Al Askari saying at least one state-owned investment fund has accumulated spot Bitcoin and another may follow in the coming weeks.

Iran's deputy foreign minister says they remain firm on maintaining control over maritime traffic in the Strait of Hormuz, ahead of fresh negotiations with the US on ending the war. Victoria Mitchell, Senior Analyst at Control Risks spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa about the tolling of the waterway.

Bitmine Immersion Technologies purchased more than 27,000 Ether (CRYPTO:ETH) worth about US$43 million last week, lifting its holdings to more than 5.7 million ETH and increasing its share of Ether's 120.7 million token supply to 4.7%.

India's IPO market is expected to rebound after a muted first half, with stronger fundraising driven by a robust pipeline and improving valuations. Large deal filings, resilient domestic inflows, and positive post-listing returns are supporting momentum, despite risks from inflation, geopolitics and even the weather. V Jayasankar, Managing Director & Deputy CEO at Kotak Investment Banking, joined Haslinda Amin on Insight with Haslinda Amin to discuss the outlook and key drivers for India's equity markets.

The US Securities and Exchange Commission (SEC) has secured a US$5.4 million judgment against NanoBit Limited and related defendants after a federal court found they operated an alleged cryptocurrency fraud scheme that targeted at least 18 investors between 2023 and 2024.

A top Iranian official has reiterated Tehran's determination to maintain control over maritime traffic moving through the Strait of Hormuz, raising the stakes ahead of fresh negotiations with the US. Bloomberg's Abeer Abu Omar reports from Dubai.

Georges Kern, CEO of House of Brands, says that although the group is gaining market share in China, consumers remain reluctant to invest in luxury goods. He also shares more about the group's expansion plans on "Bloomberg: The China Show."