CryptoBreaking News

Max Kettner, chief multi-asset strategist at HSBC, says the strength of tech earnings "made us care a little less about higher yields." He speaks on "Bloomberg Surveillance."

Chevron Chairman & CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies, multiple attacks this week on vessels transiting the Strait of Hormuz, the company's view on Venezuela, and potential oil and gasoline shortages. He speaks on "Bloomberg Surveillance."

Chevron CEO Mike Wirth discusses the risks for tankers transiting the Strait of Hormuz and says that multiple vessels have been attacked in recent days. "We see risks very real still in that environment," Wirth said on "Bloomberg Surveillance."

Chevron CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies and says the company would not consider paying a toll to traverse the Strait of Hormuz.

The former Chair of Société Générale, Lorenzo Bini Smaghi, has stepped down after more than a decade at the helm. Bini Smaghi says he leaves the lender with 'best in class' governance and a share price 60% higher than when he joined. But he added that the restructuring is not fully over and there are big deals to come. Bini Smaghi joined Lizzy Burden on 'The Pulse'.

Federal Reserve Bank of Kansas City President Jeff Schmid said officials should make it clear they're willing to do what is needed to achieve price stability. "We must continue to signal our commitment to price stability and our willingness to take the actions necessary to achieve our mandate," Schmid said Friday at a conference in Reykjavík, Iceland.

Australian Deputy Prime Minister Richard Marles says his country spends a larger share of its GDP on the military than major European nations. He speaks with Haslinda Amin from the sidelines of the Shangri-La Dialogue.

Seema Shah, Chief Global Strategist at Principal Asset Management, discusses the outlook for bond yields, equities pricing and Federal Reserve Policy. "It's gonna be important to watch how the bond yield market progresses," Shah says on Bloomberg Television. "From our perspective, though, we don't expect to see markets repricing Fed cuts."

SpaceX is currently targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter. Bloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations with advisers and investors, the people said, asking not to be identified as the information isn't public. Matthew Bloxham of Bloomberg Intelligence has more.

Crypto.com has obtained a Stored Value Facilities licence in the United Arab Emirates and introduced new product features including SEI migration support and Bitcoin rewards for eligible Visa card users.

Sumitomo Mitsui Trust Club and Hashport have launched a service that allows credit card reward points to be exchanged for JPYC, marking what the companies describe as Japan's first stablecoin rewards conversion programme.

LayerZero’s ZRO token remains under pressure after recording one of the sharpest declines in the crypto market, with multiple indicators pointing to weakening demand and growing selling activity.