Bitcoin falls as Korean stocks suffer sharp sell-off
Bitcoin (CRYPTO:BTC) fell about 2% after U.S. markets closed as investors reacted to a sharp drop in South Korea's stock market.
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Bitcoin (CRYPTO:BTC) fell about 2% after U.S. markets closed as investors reacted to a sharp drop in South Korea's stock market.
Global chip stocks tumbled as investors questioned the longevity of the AI boom over concerns of debt and demand. Markets are also awaiting the Fed decision, but Citadel expects Kevin Warsh to deliver a surprise hike. Mehvish Ayub, Bank of Singapore's Head of Managed Solutions Advisory Dubai spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the Fed decision and tech stocks movement.
Charles Hoskinson said Cardano (CRYPTO:ADA) still has its best days ahead despite the token's long price decline.
Binance Futures has launched perpetual contracts tied to the BITO Treasury ETF, giving traders another way to trade ETF price movements.
The stablecoin market lost $7.7 billion in supply over the past week, while trading volume climbed to a record $1.79 trillion.
A US federal judge has temporarily blocked Minnesota from enforcing restrictions on prediction markets while a legal challenge moves through the courts.
AMINA Bank has appointed Cantor Fitzgerald to advise on a potential public listing as the Swiss digital asset bank explores its next stage of growth.
Here's a look at how the Asia tech selloff unfolded following investor jitters over circular deals by Nvidia and other firms, as well as a report of a Chinese state-backed company mass producing key chipmaking machines.
Bloomberg Intelligence expects stronger copper and aluminum prices to support earnings for Australia's biggest miners, while resilient iron ore markets continue to underpin the sector. Mining & Commodities Analyst Grant Sporre and Bloomberg News reporter Paul-Alain Hunt discuss the outlook for the industry on "Bloomberg: The Asia Trade."
New York Attorney General Letitia James has urged US lawmakers to amend the CLARITY Act, warning it could limit states' ability to police the crypto industry.
Hong Kong banks are preparing for the day quantum computers could break today's encryption and threaten digital assets.
The Little Tech Association, which represents nearly 200 startups, discusses the importance of access to open-weight models. Executive Director Harry Godfrey speaks on "Bloomberg: The China Show" after Silicon Valley leaders, including Anthropic and Nvidia, echoed the group's open letter warning against a broad government crackdown in response to a breakthrough Chinese AI model that has challenged US leadership in the technology.
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