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Crypto Breaking News

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Bloomberg

Prediction Markets Minting a New Type of Insider Trader

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."

Read more: Prediction Markets Minting a New Type of Insider Trader
Bloomberg

Collateral Mobility Has Been 'Top of Mind': Theisen

Sonali Theisen, global head of digital assets platform, FICC E-Trading, and markets strategy investments at Bank of America, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Bank of America last week elevated Theisen to a new digital-asset position as it expands its leadership team to capture growth in the rapidly evolving digital-assets market and AI industry.

Read more: Collateral Mobility Has Been 'Top of Mind': Theisen
Bloomberg

Why Bessemer Is Betting Big on AI's Next Wave

Moonshot's Kimi K3 has reignited the debate over the future of AI and whether China's open-weight models are closing the gap with OpenAI and Anthropic. Bessemer Venture Partners' Sameer Dholakia joins Bloomberg to discuss why competition is good for AI, where the frontier model makers still have an edge, and why he believes we're only at the beginning of the AI investment cycle. He joins Ed Ludlow on "Bloomberg Tech."

Read more: Why Bessemer Is Betting Big on AI's Next Wave
Bloomberg

Trump Plays Down Prospects for Iran Talks Amid Red Sea Threat

US President Donald Trump minimized the prospect of immediate talks with Iran as the two sides exchanged strikes and Houthi militants in Yemen threatened shipping in the Red Sea. Trump vowed on Tuesday to respond if the Iran-backed group disrupted that waterway, but didn't specify how. His comments came after the 10th day of US and Iranian attacks and as mediators continued efforts to restart negotiations. Oil prices ticked higher amid the threats to key routes for global energy supplies.  Dana Stroul, former deputy assistant secretary of defense for the Middle East in the Biden administration, said Trump's threat to attack a suspected Iranian nuclear site would be a "massive military action" requiring US assets currently not in place. She speaks with Bloomberg's Joe Mathieu and Kailey Leinz on Balance of Power.

Read more: Trump Plays Down Prospects for Iran Talks Amid Red Sea Threat
Bloomberg

Rep. Byron Donalds Ties AI Data Center Bill to Florida Governor Bid

Republican Congressman Byron Donalds of Florida joins Balance of Power to discuss his run for Florida governor and his proposal to require AI data centers to cover their own power and water needs, as utility costs become a rising campaign issue. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz.

Read more: Rep. Byron Donalds Ties AI Data Center Bill to Florida Governor Bid