Crypto Breaking News

JPMorgan Chase & Co. named Troy Rohrbaugh and Doug Petno co-presidents after the retirement of consumer banking chief Marianne Lake. Katherine Doherty reports on Bloomberg Television.

Apple customers may experience sticker shock next time they look to buy one of many products. the company is raising prices of Macs, iPads, home devices, and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage. Prices for iPhone, Apple Watch and AirPods stay the same. Mark Gurman reports.

Ford CEO Jim Farley says that a culture change at the automaker lead to Ford becoming a "four-year overnight success." Farley also says American workers are beating the likes of Toyota and Hyundai in terms of vehicle quality. Farley spoke with Bloomberg's Matthew Miller.

Apple is raising prices on several products to offset cost hikes caused by a shortage of memory chips and storage. Prices are going up for the MacBook Neo, MacBook Pro, MacBook Air, iPad Air and iPad Pro. Price hikes are global and vary by product.

US consumer spending accelerated in May even as prices rose at the fastest pace in more than three years. Inflation-adjusted consumer spending rose 0.3% from a month earlier. The personal consumption expenditures price index rose 4.1% last month from a year earlier. Enda Curran reports.

Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, says streamlining the Federal Open Market Committee's policy statement is appropriate, but Federal Reserve Chairman Kevin Warsh needs to make changes with greater care than he has shown to date. Dudley says Warsh may risk confusing markets and the central bank itself. His opinions are his own.

Iran's national football team began its 2026 FIFA World Cup preparations on 25 June with an opening training session at the University of Washington in Seattle.

Indonesia's Financial Services Authority has issued Financial Services Authority Regulation No. 6 of 2026, requiring social media influencers who recommend cryptocurrencies and other digital financial assets to obtain competency certification.

The US Senate rejected a resolution to end the war with Iran as two Republicans flipped their votes hours after President Donald Trump confronted GOP senators for backing an earlier resolution to end the conflict. Kate Ackley of Bloomberg Government has more.

Dubai Holding is exploring an investment in private equity-backed data center builder Hscale, Alex Dooler reports.

• Grayscale linked Bitcoin’s long-term outlook to Federal Reserve interest-rate policy, arguing that lower rates could support demand for digital store-of-value assets. 
• The theme connects several major crypto assets through monetary policy, institutional investment flows and growing adoption of exchange-traded products. 
• Persistent inflation, regulatory uncertainty and the risk of higher-for-longer interest rates remain key challenges for the sector. 

Wendy’s exploded up to 42% intraday on June 24, halting for volatility after a viral WallStreetBets post called on traders to “save Wendy’s before it’s too late.”