Crypto Breaking News

Broadcom shares fell in extended trading after the company delivered a disappointing forecast for artificial intelligence chip revenue. Chief Executive Officer Hock Tan said the company $56 billion in AI chips in the fiscal year that ends in October. The forecast that fell short of the average estimate of $57.6 billion. Bloomberg's Neil Campling reports.

XRP fell 5.19% over the past 24 hours on June 3, dropping to around $1.16 as heavy selling pressure pushed the token towards the lower end of its recent trading range.

A coalition of 160 former national security, intelligence and law enforcement professionals has urged the US Senate to advance the Digital Asset Market Clarity Act, arguing that clear cryptocurrency regulation is essential to national security and law enforcement efforts.

The US said Israel and Lebanon agreed to a ceasefire if Hezbollah also stops fighting, contingent on "a complete cessation" of fire by Hezbollah and evacuation of operatives from Lebanese territory south of the Litani River. Bloomberg's Stuart Livingstone-Wallace breaks down the situation.

Former Singapore Defense Minister Ng Eng Hen offers his perspective on the intersection of geopolitics and defense. He speaks with Haslinda Amin from the sidelines of 'Nomura Investment Forum Asia' in Singapore.

Darshan Hiranandani, CEO of Hiranandani Group, one of India's premier real estate and infrastructure development conglomerates, discusses how his company aims to help transform the nation into a global hub for cloud computing, AI and digital services. He speaks with Haslinda Amin from the sidelines of 'Nomura Investment Forum Asia' in Singapore.

Nomura International Wealth Management North Asia CIO Julia Wang says the chips rally in Asia is mostly justified by earnings growth, but she thinks valuation has also reset. Wang speaks with Haslinda Amin from the sidelines of 'Nomura Investment Forum Asia' in Singapore.

The UK Financial Conduct Authority has warned football clubs, including Premier League teams, to avoid sponsorship agreements with unauthorised crypto and financial services firms that may be targeting supporters with high-risk products.

The US Commodity Futures Trading Commission has rescinded a long-standing policy that required defendants settling enforcement actions to refrain from publicly denying the agency’s allegations.

JPMorgan Chase Chief Executive Officer Jamie Dimon praised the growth and execution speed of digital banking platform Revolut while simultaneously criticising proposed US crypto legislation that could benefit stablecoin issuers and digital asset firms.

Ripple has expanded its USD-backed stablecoin RLUSD into Turkey through partnerships with Bilira, Bitexen and Bitlo, targeting one of the world's most active cryptocurrency markets.

Bloomberg's Michael Hytha discusses SpaceX's record-breaking IPO and why Elon Musk will be retaining 84% voting control after the company goes public.