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Crypto Breaking News

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Bloomberg

Black-Market Peptides Fuel a Multibillion-Dollar Gold Rush

Bloomberg's Madison Muller and Amanda Mull break down a rising black-market trend in the 'wellness' space, as customers look for more shots to fix issues like sleep or weight following the success of GLP-1s. However, Muller says that the drugs carry a risk, whether it's using a non FDA tested substance or user error around the injection itself.

Read more: Black-Market Peptides Fuel a Multibillion-Dollar Gold Rush
Bloomberg

E11EVEN Miami Operating Partner on World Cup Strategy

Gino LoPinto, who runs the highest grossing nightclub per square foot in the United States explains that the World Cup serves not only as a global sporting event but also as a significant economic catalyst for the hospitality industry. The conversation emphasizes how Miami's nightlife and hospitality sectors are benefiting from the influx of visitors, with the nightclub playing a key role in driving revenue during the tournament. He speaks with Romaine Bostick & Isabelle Lee on "The Close."

Read more: E11EVEN Miami Operating Partner on World Cup Strategy
Bloomberg

China Targets US Rare Earths Firms in Response to Pentagon

Gracelin Baskaran, director of the critical minerals security program at the Center for Strategic and International Studies, said that while the US has made 'unprecedented' moves to invest billions of dollars in rare earths infrastructure to compete with China, it is still a long term process as investment grows and technology gets more advanced.

Read more: China Targets US Rare Earths Firms in Response to Pentagon
Bloomberg

NYC Tourism & Conventions CEO on World Cup's Impact

Julie Coker, President and CEO of the New York City Tourism and Conventions Bureau, discussed the significant influx of visitors to the New York City area following the Knicks' NBA championship win and the kickoff of the World Cup on June 11. She noted that the city has seen a substantial increase in foot traffic from both domestic and international visitors, frequenting bars, restaurants, and traveling to nearby New Jersey for matches. She speaks with Romaine Bostick & Isabelle Lee on "The Close."

Read more: NYC Tourism & Conventions CEO on World Cup's Impact
Bloomberg

Cuomo to Lead Crypto Venture With New York Stock Exchange Owner

Bloobmerg's Katherine Doherty joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Former New York Governor Andrew 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: Cuomo to Lead Crypto Venture With New York Stock Exchange Owner
Bloomberg

World Cup Mints Big Prediction Winners and Million-Dollar Losers

Yesha Yadav, professor of law and associate dean at Vanderbilt Law School, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The World Cup is turning prediction markets into a public ledger of million-dollar bets, exposing big wins and dramatic losses as the tournament attracts more money to the fast-growing industry.

Read more: World Cup Mints Big Prediction Winners and Million-Dollar Losers
Bloomberg

AI Benefiting SF Real Estate: JPM's Asset Mgt.'s Tredway

Chad Tredway, Global Head of Real Estate at JPMorgan Asset Management, discussed the impact of the AI cycle on the real estate sector during a live financial news segment. While not directly investing in data centers, Tredway highlighted opportunities in the surrounding infrastructure and real estate that support AI operations. He speaks with Romaine Bostick & Isabelle Lee on "The Close."

Read more: AI Benefiting SF Real Estate: JPM's Asset Mgt.'s Tredway