Crypto Breaking News

At least five crypto firms announced closures or bankruptcy filings this week as prolonged weakness across digital asset markets continued straining revenues, funding and user growth.

The US Securities and Exchange Commission’s decision to allow third parties to list tokenised stocks could create major structural risks for traditional financial markets, according to Tiger Research.

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

XRP whale activity has returned to Binance while Coinbase is showing growing participation from smaller holders, highlighting a sharp divergence in trader behaviour across the two major crypto exchanges.

Bitcoin is showing signs of a developing liquidity-driven rally toward $80,000 as more than $4 billion in leveraged short positions remain vulnerable to liquidation above that level.

Former Ethereum Foundation developer Dankrad Feist proposed creating a new Ethereum-focused organisation with at least $1 billion in funding to help “save” ETH and better align leadership incentives with the network’s growth.

Richemont's full-year sales rose more than expected as shoppers splurged on its pricey Cartier jewelry. Sales climbed 11% on a constant currency basis in the fiscal year ended in March, compared with the 9.78% estimate of analysts surveyed by Bloomberg. Bloomberg Opinion's Andrea Felsted has more. Her opinions are her own.

Prediction markets including Kalshi and Polymarket are facing mounting legal uncertainty as US federal and state regulators clash over whether the platforms should be treated as financial exchanges or gambling operations.

Nvidia's highly anticipated earnings report put the attention squarely back on the tech sector's blistering momentum as investors queried whether hyperscalers and the 'picks-and-shovels' of the AI build-out can meet soaring demand. The Opening Trade spoke to a range of leading market voices to get their analysis.

Luxury hospitality is proving resilient despite geopolitical risk, fuel shortages and market volatility. This segment examines how travel demand is shifting within Asia, with domestic and regional travel supporting occupancy and pricing. Benjamin Vuchot, CEO of The Hongkong and Shanghai Hotels, speaks with Haslinda Amin from the JPMorgan Global China Summit in Shanghai to discuss demand trends, operational challenges and the group's strategic priorities.

Insilico Medicine Founder & CEO Alex Zhavoronkov discusses how his company aims to apply artificial intelligence to revolutionize drug discovery and longevity research. He speaks with Haslinda Amin from the sidelines of 'JPMorgan Global China Summit' in Shanghai.

Cathie Wood’s Ark Invest purchased another $5 million worth of Bullish shares on Thursday across three of its exchange-traded funds despite continued weakness in the stock.