Why Stock Rally Is Losing Momentum
A record-breaking global stock rally driven by AI optimism stalled in Asia on Friday, with sentiment souring across assets as global yields rise. Bloomberg Markets Live Executive Editor Mark Cudmore explains.
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A record-breaking global stock rally driven by AI optimism stalled in Asia on Friday, with sentiment souring across assets as global yields rise. Bloomberg Markets Live Executive Editor Mark Cudmore explains.
10x Research warned that momentum across the altcoin market has started weakening as Bitcoin continues dominating overall crypto trading activity.
Central Bank of Brazil imposed a two-year ban on Banco Topazio conducting foreign cryptocurrency trading operations after regulators identified compliance failures linked to billions of dollars in transactions.
Strategy could face a key constraint on its Bitcoin acquisition strategy as its STRC preferred stock programme approaches a $28.3 billion issuance limit, according to research from Delphi Digital.
OpenAI CRO Denise Dresser said that the company's enterprise business - which makes up 40% of its total revenue - has "incredible momentum" and was expected to reach 50% by the end of the year. Dresser made the comments in an exclusive interview with BTV's Tom Mackenzie on Thursday.
Bank of England is reconsidering parts of its proposed stablecoin regulatory framework after criticism from digital asset firms that the rules were too restrictive for the industry.
David Schwartz warned XRP Ledger users about a growing wave of fake airdrop and giveaway scams targeting the XRP community across social media platforms.
Oobit launched its crypto payments platform in Colombia, expanding the Tether-backed company’s operations across Latin America.
Dartmouth College disclosed approximately $14.5 million in cryptocurrency-related ETF holdings, expanding the digital asset exposure of its $9 billion endowment portfolio.
United States Trade Representative Jamieson Greer talks about the results so far from the Trump-Xi summit, saying the meetings have already delivered tangible returns. He speaks with Bloomberg's Annmarie Hordern in Beijing.
Forward Industries reported a $585.6 million fiscal first-quarter loss after declines in Solana prices triggered large accounting-related write-downs on its crypto holdings.
Jamieson Greer, Trade Representative of the United States, signaled cautious optimism that US-China trade relations are stabilizing, with progress on agriculture purchases and rare earth supplies, though tariffs and supply chain issues remain. He speaks exclusively to Bloomberg's Annmarie Hordern, on the sidelines of the US-China summit in Beijing on "Bloomberg: The Asia Trade".
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