Crypto Breaking News

Mercedes-Benz Group reported resilient carmaking profits that beat expectations even as deliveries fell due to a slump in China. The company kept its 2026 carmaking margin outlook at 3% to 5%, but it cut its forecasts for revenue and vehicle deliveries to slightly below last year's levels. Bloomberg's Elisabeth Behrmann reports.

Zimbabwe has accepted seven fintech companies into its regulatory sandbox to test new financial technology products under regulatory supervision.

Binance co-founder Changpeng Zhao, known as CZ, has backed a crypto licence passporting system across the Association of Southeast Asian Nations (ASEAN).

Bitcoin (CRYPTO:BTC) fell below $64,000 as a broad cryptocurrency sell-off wiped out more than $100 million in leveraged positions.

Organic sales at LVMH's key fashion and leather goods unit, home to Louis Vuitton and Dior, rose 1%, missing the 1.52% estimate of analysts surveyed by Bloomberg. The luxury industry has been affected by the conflict in the Middle East and a slump in Chinese shoppers' purchases, with LVMH saying the conflict deterred wealthy shoppers. Bloomberg's Angelina Rascouet reports.

Psalion has launched a $50 million venture capital fund focused on blockchain and digital asset startups.

The Solana Policy Institute has raised concerns about investment-related provisions in the proposed CLARITY Act.

Barclays Plc Chief Executive Officer CS Venkatakrishnan says he is "absolutely pleased" with the earnings published today. "Our capital efficiency is much higher than we thought it would have been at this time," he adds. Venkatakrishnan speaks on Bloomberg Television after the bank reported its equities traders delivered their best second-quarter haul in four years, generating £1.26 billion. The UK lender also announced a fresh £1 billion buyback.

Ripple USD (CRYPTO:RLUSD) is now available for trading on Upbit, a cryptocurrency exchange based in South Korea.

Base has expanded its payment network through new integrations with Shopify and Mastercard.

ADNOC's fertilizer subsidiary Fertiglobe reported revenue of $1.09 Billion for the second quarter that beat the average analyst estimate despite the blockade in the Strait of Hormuz. Ahmed El Hoshy, CEO of Fertiglobe spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the numbers and the potential risk from the Red Sea.

Oil extended its decline after President Donald Trump said the US and Iran were engaged in talks to try to end the Middle East conflict once again. Jorge Leon, Geopolitical Analysis Head at Rystad Energy spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa about the best & worst-case scenario for oil moving forward.