CryptoBreaking News

Strategy led crypto-linked stocks higher, rising 11.95% to $103.58 as Bitcoin (CRYPTO:BTC) approached $70,000.

Nethermind has moved its cross-chain operations from LayerZero to Chainlink (CRYPTO:LINK) after reviewing both providers.

Ripple raised $275 million through a senior note offering to expand its US financial services business.

Injective Institutional Services, an affiliate of Injective (CRYPTO:INJ), has received effective SEC transfer agent registration.

The US Commodity Futures Trading Commission imposed five-year trading bans on former FTX executives Caroline Ellison and Gary Wang.

Donald Trump urged Congress to pass the Clarity Act during a White House crypto meeting on Wednesday.

Greg Peters, Co-CIO of Public and Private Fixed Income at PGIM, discussed the Treasury's recent decision to boost debt buybacks for 10-year to 30-year securities. The cap on buybacks has been doubled from $2 billion to $4 billion, reflecting an aggressive move to manage the debt portfolio. He speaks with Romaine Bostick & Isabelle Lee on "The Close."

SoftBank has made a $200 million investment in Gravis Robotics, a construction technology startup specializing in retrofitting existing excavators and heavy machinery with autonomous and semi-autonomous capabilities. Ryan Luke Johns, CEO and Co-Founder of Gravis Robotics, explained that the funding reflects SoftBank's strong confidence in the physical AI space, particularly in automating earth-moving equipment critical to infrastructure projects such as roads, quarries, and mines. He speaks with Romaine Bostick on "The Close."

Eric Glyman, Ramp Co-Founder and Co-CEO, discussed the rapid growth in AI-related expenditures, noting that companies have increased their AI spending by nearly 21 times over the past year. This unprecedented surge is driven by both the significant returns AI can deliver and concerns among businesses about inefficient or excessive spending by employees. He speaks with Romaine Bostick & Isabelle Lee on "The Close."

Bloomberg's Randall Williams joins Dani Burger on "Bloomberg Deals." Billionaire CEO of Guggenheim, Mark Walter, has explored selling his stake in Chelsea FC to Clearlake Capital, the majority owner of the London-based football club. This comes just after Walter's record-breaking sale of the Los Angeles Lakers to Josh Kushner and Bob Iger for a price of $12.5 billion.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Emily Graffeo.

A.J. Rohde, senior partner at Thoma Bravo, joins Dani Burger on "Bloomberg Deals." They discuss how Thoma Bravo has kept up an intense pace of dealmaking closing three deals in six weeks. The most recent example is Thoma Bravo's more than $4 billion take-private of Accelerant, the insurance risk exchange, earlier this month. (Corrects spelling of Rohde)