Bitcoin slides as stocks leave crypto behind
Bitcoin dropped to its lowest level in nearly two months on Tuesday, extending losses as cryptocurrencies continued to lag behind a record-breaking rally in US equity markets.
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Bitcoin dropped to its lowest level in nearly two months on Tuesday, extending losses as cryptocurrencies continued to lag behind a record-breaking rally in US equity markets.
Grayscale is expected to launch its Hyperliquid exchange-traded fund as early as this week after updating regulatory filings to include the fund's ticker and management fee, according to Bloomberg ETF analyst James Seyffart.
Solana has reached a record 200,000 tokenised stock holders, underscoring growing adoption of blockchain-based equities as investors increasingly explore on-chain alternatives to traditional markets.
Twenty One Capital faces a Friday deadline to restore compliance with New York Stock Exchange governance rules after a board reshuffle left its audit committee short of the required number of independent directors.
Prediction market platform Polymarket is facing growing criticism from traders after proposing a “No” resolution on a market tied to whether Strategy sold any bitcoin by May 31, despite the company later confirming a sale occurred during the specified period.
Basketball star Stephen Curry signed a 10-year endorsement deal with Chinese sportswear giant Li Ning. Its success depends on how Li Ning positions stores, products and marketing, says Bloomberg Intelligence's Catherine Lim.
Arm CEO Rene Haas explains how Taiwan's partner ecosystem is critical for AI development. He also discussed how the rapid rise of agentic AI will trigger immense growth in CPU demand.
A Mercer survey finds most Australian firms expect AI to cut up to 20% of jobs within two years, as worker confidence falls and fears rise. Speaking on Bloomberg: The Asia Trade, Mercer Workforce Solutions Leader Cynthia Cottrell breaks down the reality: rising restructuring, uneven AI adoption, and a workforce still playing catch-up. What it means for jobs, graduates, and the future of work.
Serbian President Aleksandar Vucic discusses China relations and the Balkan nation's accession negotiations with the European Union. He speaks to Bloomberg's Oliver Crook.
Anna Paglia, Executive VP and Chief Business Officer at State Street Investment Management, discusses the company's partnership with SBI Group and the outlook for ETF flows. She speaks with Haidi Stroud-Watts and Paul Allen from the sidelines of the S&P Dow Jones Indices Japan ETF Conference in Tokyo.
Ryusuke Yokoyama, CEO at the Tokyo Stock Exchange, says the bourse is talking with the nation's Financial Services Agency to make it easier to list a wider range of actively managed ETFs. He speaks with Haidi Stroud-Watts and Paul Allen from the sidelines of the S&P Dow Jones Indices Japan ETF Conference in Tokyo.
South Korea's cryptocurrency market has slowed markedly as retail investors shift funds into equities, with the Kospi reaching fresh record highs while crypto trading activity weakens.
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