Crypto Breaking News

Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, explains why energy stocks are the only thing he has conviction in as a hedge against equity risks at this time. He also comments on what it would take to buy into US 10-Year Treasuries.

Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, explains why energy stocks are the only thing he has conviction in as a hedge against equity risks at this time. He also comments on what it would take to buy into US 10-Year Treasuries.

Some Trump administration officials and allies have privately discussed whether an external review of the 2023 failure of Silicon Valley Bank could provide a legal basis to remove Fed Governor Michael Barr from the central bank's board, according to people familiar with the matter. Alister Bull reports on Bloomberg Television.

Themistoklis Fiotakis, Barclays FX and EM macro strategy global head, discusses inflation expectations in the US and the oil market. "I think that the risks are for a hike," Fiotakis tells Bloomberg Television. He adds that should the Federal Reserve decide to raise interest rates, the central bank is "unlikely to go once" and the market is "not going to price one hike."

Bitdeer (NASDAQ:BTDR) mined 990 Bitcoin (CRYPTO:BTC) in June, up 7.5% from May, while its AI Cloud annualised revenue run rate rose to US$76 million.

UK Chancellor John Healey committed to disciplined control of the nation's public finances to protect against economic shocks, just days after new prime minister Andy Burnham appointed him. Healey made his pitch to finance executives at Bloomberg's London headquarters on Thursday, promising to help tackle rising costs for businesses.

Kakao signed an agreement with Circle to develop blockchain payment services and explore a Korean won stablecoin.

Talos integrated Kalshi's prediction markets into its trading platform, giving institutional clients access to event contracts and crypto perpetuals through one interface.

Zilliqa disclosed a vulnerability in its app for Ledger signers that could allow attackers to recover users' private keys, with the issue affecting Zilliqa's application rather than Ledger's hardware wallet or software.

Sygnum, a Swiss-regulated digital asset bank, said it has integrated its cryptocurrency trading services with Avaloq's banking platform to expand regulated digital asset access for financial institutions.

BNP Paribas Chief Financial Officer Lars Machenil speaks on Bloomberg Television as the bank reported better-than-expected revenue and profit for the second quarter. "We are really firing on all cylinders and ready to continue to support the economy," he says. "It is really the three divisions that are working collectively and that are boosting the result," Machenil adds.

Uniswap (CRYPTO:UNI) announced that its DualPool hook has completed auditing, is now open source and is ready for implementation by developers.