Crypto Breaking News

Iran's deputy foreign minister says they remain firm on maintaining control over maritime traffic in the Strait of Hormuz, ahead of fresh negotiations with the US on ending the war. Victoria Mitchell, Senior Analyst at Control Risks spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa about the tolling of the waterway.

Bitmine Immersion Technologies purchased more than 27,000 Ether (CRYPTO:ETH) worth about US$43 million last week, lifting its holdings to more than 5.7 million ETH and increasing its share of Ether's 120.7 million token supply to 4.7%.

India's IPO market is expected to rebound after a muted first half, with stronger fundraising driven by a robust pipeline and improving valuations. Large deal filings, resilient domestic inflows, and positive post-listing returns are supporting momentum, despite risks from inflation, geopolitics and even the weather. V Jayasankar, Managing Director & Deputy CEO at Kotak Investment Banking, joined Haslinda Amin on Insight with Haslinda Amin to discuss the outlook and key drivers for India's equity markets.

The US Securities and Exchange Commission (SEC) has secured a US$5.4 million judgment against NanoBit Limited and related defendants after a federal court found they operated an alleged cryptocurrency fraud scheme that targeted at least 18 investors between 2023 and 2024.

A top Iranian official has reiterated Tehran's determination to maintain control over maritime traffic moving through the Strait of Hormuz, raising the stakes ahead of fresh negotiations with the US. Bloomberg's Abeer Abu Omar reports from Dubai.

Georges Kern, CEO of House of Brands, says that although the group is gaining market share in China, consumers remain reluctant to invest in luxury goods. He also shares more about the group's expansion plans on "Bloomberg: The China Show."

Ondo (CRYPTO:ONDO) was trading at about US$0.3084 as analysts monitored a key technical pattern, with a breakout above resistance potentially targeting US$0.325 and a break below support increasing the risk of short-term selling.

Tom Bartlebaugh, CEO of Miniso USA, discusses his outlook for the Chinese brand's expansion into North America, and its strategy in expanding on lifestyle and apparel products, utilising collaborations and original IP. He says the company targets 20% in US store growth this year. He speaks exclusively with Haidi Stroud-Watts on "Bloomberg: The Asia Trade."

Synapse (CRYPTO:SYN) climbed as much as 26% after BitMEX co-founder Arthur Hayes disclosed purchasing 6.16 million SYN tokens worth about US$2.2 million.

China's factory and non-manufacturing activity fared better than expected in June. BofA's Helen Qiao says the supply-side factors have been "pretty resilient for some time," but the "question is really on the demand-side - consumption and investment."

A new Lowy Institute survey points to a significant shift in Australians' views on China, the US alliance, and President Trump. Research Fellow Charles Lyons-Jones joins "Bloomberg: The Asia Trade" to unpack the results and their implications for Australia's strategic positioning in the Indo-Pacific.

Germany has become the leading jurisdiction under the Markets in Crypto-Assets Regulation (MiCA) after issuing 57 crypto-asset service provider licences.