Crypto Breaking News

Robinhood-backed Arcus launched a decentralised exchange that supports trading across multiple asset classes.

Pakistan has created a dedicated unit to investigate cryptocurrency-related crime and enforce digital asset laws.

CoinShares launched Europe's first UCITS exchange-traded fund focused on Bitcoin (CRYPTO:BTC) mining companies.

Tether said it will no longer move ahead with its planned merger involving Twenty One, according to a Bloomberg report.

Movement Labs filed for Chapter 11 bankruptcy protection as it works to recover from a token scandal and a major business overhaul.

Galaxy said it will invest up to US$5 million to help protect Bitcoin (CRYPTO:BTC) from future quantum computing threats.

Telegram said it will launch a native self-custody Gram (CRYPTO:GRAM) wallet this summer.

Bitcoin (CRYPTO:BTC) rose above US$66,000 after reports that the White House accepted ethics changes to the CLARITY Act.

Charles Schwab Corp. reported earnings that topped estimates as retail investors continued to jump in and out of the market amid volatility sparked by geopolitical uncertainty. Schwab reported a record 11.9 million daily average revenue trades in the second quarter, a 57% increase from a year earlier. Trading revenue also rose, climbing 28% to $1.2 billion. President and CEO Rick Wurster joins Bloomberg Businessweek Daily to discuss, saying clients are trusting the platform not just for investing but also for "help with their financial lives." Wurster also discusses continued demand from retail and younger traders, AI use cases in investing, the impact of this summer's SpaceX IPO, prediction markets, crypto, and more. He speaks with Carol Massar and Tim Stenovec.

Frank Cooper III, Chief Marketing Officer at Visa, shared insights on the significant spending increase during the World Cup, highlighting a 16% year-over-year rise in cross-border transactions throughout the tournament. San Francisco led U.S. metro areas with a 15% spending growth, while visitors from the United Kingdom showed the largest jump, particularly in Boston with a 50% increase. He speaks with Katie Greifeld & Sally Bakewell on "The Close."

Jozy Altidore, Former US Men's National Soccer Team forward and current Telemundo Soccer Broadcaster, joined the program to discuss the recently concluded 2026 FIFA World Cup. He described the tournament as one of the most successful in history, highlighting strong fan engagement and flawless organization by the US, Canada, and Mexico. Altidore emphasized the positive impact of hosting the World Cup in North America, noting the significant difference from the 1994 event due to the presence of Major League Soccer (MLS), which now offers fans numerous opportunities to stay engaged with the sport. He speaks with Katie Greifeld & Sally Bakewell on "The Close."

A $200 million surge in unusual bets has hits prediction markets. Bloomberg News Cross-Asset Reporter Denista Tsekova deep dives into new age of online betting in predictions markets, popularized by platforms like Polymarket and Kalshi. A Bloomberg review found that at least 34,000 trades on Polymarket between August 2025 and June 2026 were flagged as potential insider trades. Tsekova explains that while Polymarket has implemented new rules regarding insder trades recently, "the market has changed their opinion a lot on what constitutes insider trading."