Crypto Breaking News

Hong Kong has overtaken Switzerland as the world’s largest cross‑border wealth centre, holding about US$2.95 trillion of foreign assets compared with Switzerland’s US$2.94 trillion.

Anthropic’s new US$965 billion post‑money valuation, following a US$65 billion raise, has pushed it ahead of OpenAI’s roughly US$852 billion and set up a high‑stakes race for a trillion‑dollar valuation.

OpenAI has confidentially filed to go public at a reported valuation between US$730 billion and US$850 billion, even after losing about US$44 billion last year.

BMW said its profit margin will fall to as little as 1% this year as weakening Chinese demand and fallout from the Middle East conflict take a growing toll. The German automaker plans additional cost savings beyond those already announced. Danny Lee reports on Bloomberg Television.

Artificial Intelligence industry leaders including OpenAI's Sam Altman and Anthropic's Dario Amodei are set to attend the Group of Seven Summit in France on Wednesday. Oliver Crook reports from Evian.

BitGo Europe, a BaFin-regulated entity, said its Crypto-as-a-Service platform offers crypto companies a way to comply with Europe's Markets in Crypto-Assets regulation.

Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Citigroup said the market for tokenised real-world assets could reach US$8.2 trillion by 2030 under its bullish forecast, with a base-case estimate of US$5.5 trillion.

SpaceX raised US$75 billion by selling about 555 million shares at US$135 each, valuing the company near US$1.8 trillion and making Elon Musk a paper trillionaire.

Hyperliquid (CRYPTO:HYPE) climbed to a new all-time high of US$76.70 after ETF-related purchases, increasing platform activity and short liquidations boosted demand for the token.

A US–Iran peace agreement to halt nearly four months of fighting, including in Lebanon, sent oil lower and global stocks higher as markets priced in a planned Friday signing.

Bitcoin rose about 2% to roughly US$66,000 after the US and Iran agreed to a ceasefire, sending the token to its highest level in weeks.