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Crypto Breaking News

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Bloomberg

US Debt, Global Fiscal Ratios Still Concerning, Says Citi's DeQuadros

Conrad DeQuadros, Citi Wealth head of economics, said that the level of US debt and questions around fiscal ratios across the globe are still a point of concern for economists even as the economy is in good shape. DeQuadros said that questions the amount of room the deficit has a stabilizing force given a potential economic downturn.

Read more: US Debt, Global Fiscal Ratios Still Concerning, Says Citi's DeQuadros
Bloomberg

Strategy Sells $216M of Bitcoin as It Begins Overhaul

Lyn Alden, founder strategist at Lyn Alden Investment Strategy, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." They discuss Michael Saylor's Strategy, which sold $216 million of Bitcoin last week, marking the first major step in the financing overhaul the company unveiled in recent days after a prolonged slump in the cryptocurrency and its own shares.

Read more: Strategy Sells $216M of Bitcoin as It Begins Overhaul
Bloomberg

Trump's Been Successful in Talking Down The 'Oil Markets' Says Kloza

Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, pointing to continued risks to vessels in the critical waterway. Tom Kloza, Chief Energy Advisor for Gulf Oil joins to discuss this as well as how the oil markets are reacting to the recent uptick in attacks in the Strait of Hormuz.

Read more: Trump's Been Successful in Talking Down The 'Oil Markets' Says Kloza
Bloomberg

Anthropic Says Claude Can Mimic How The Human Brain Processes Information

Yesterday Anthropic launched a video stating that Claude was able to mimic how the human brain processes information. Calling 'the collection of these patterns the J-space named after the technique we used to find them, involving a mathematical concept called the Jacobian." Miriam Vogel, President and CEO of EqualAI joins to discuss this as well as what this revelation means for future of AI.

Read more: Anthropic Says Claude Can Mimic How The Human Brain Processes Information
Bloomberg

NATO Agrees to $50 Billion in Defense Deals to Placate Trump

NATO allies have agreed to at least $50 billion in defense industry deals to show US President Donald Trump that Europe is heeding his spending demands. Melinda Haring, nonresident senior fellow at the Atlantic Council, joined Balance of Power to discuss this as well as the war in Ukraine. She said Ukraine's strategy to compel Russian President Vladimir Putin to the negotiating table is working.

Read more: NATO Agrees to $50 Billion in Defense Deals to Placate Trump
Bloomberg

Andrew Cuomo Discusses OKX, Clarity Act, 24/7 Trading

Andrew Cuomo, former New York governor and co-chair of the ICE-OKX Joint Venture, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." Cuomo is starting a second act: helping cryptocurrency exchange operator OKX and the owner of the New York Stock Exchange build a new business that merges digital and traditional finance markets.

Read more: Andrew Cuomo Discusses OKX, Clarity Act, 24/7 Trading
Bloomberg

Bullish on SpaceX Long Term: ERShares' Shulman

SpaceX is benefiting from a shift towards AI, with broker calls coming out as the company gets included to the Nasdaq 100. This is setting a price floor for a stock that could be headed for the stars, says Joel Shulman, Founder & CIO of ERShares, whose ETF XOVR holds approximately $246 million in SpaceX exposure. He sits down with Ed Ludlow on "Bloomberg Tech."

Read more: Bullish on SpaceX Long Term: ERShares' Shulman