Crypto Breaking News

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

United Arab Emirates reportedly conducted covert military strikes against Iran earlier this year, including an attack on an oil refinery located on Lavan Island, according to a report by The Wall Street Journal citing sources familiar with the matter.

A New York judge postponed a decision on Aave’s emergency request to unlock $71 million worth of Ethereum connected to victims of the $293 million Kelp DAO exploit.

Chinese President Xi Jinping pressed US President Donald Trump on the issue of Taiwan and warned of a potential conflict if mismanaged. The two leaders met Thursday morning at the Great Hall of the People in Beijing following an elaborate welcome ceremony during the first visit to China by a sitting US president in nearly a decade. Bloomberg's Minmin Low reports from Beijing.

Nakamoto reported a $238.8 million net loss in the first quarter despite recording a 500% quarter-on-quarter increase in revenue following the acquisitions of BTC Inc. and UTXO Management in February.

U.S. Securities and Exchange Commission officials discussed modernising decades-old securities frameworks during the agency’s “Material Matters” podcast as digital assets remain a central part of the regulator’s broader policy agenda.

Artificial intelligence chipmaker Cerebras raised $5.55 billion in its US initial public offering. The company priced its shares at $185 each, giving Cerebras a market value of about $40 billion, based on the shares offered and outstanding in its filings. Bloomberg's Neil Campling reports.

Goldman Sachs said a baseline forecast for artificial intelligence infrastructure spending could reach $7.6 trillion, although the final cost will depend heavily on factors including how quickly AI chips become obsolete and whether older hardware can be reused for simpler inference tasks.

Bitcoin dropped below the key $80,000 level during Asian trading hours as stronger-than-expected US inflation data and geopolitical tensions surrounding Taiwan pressured risk assets globally.

Moody's Ratings said major US banks and financial market intermediaries expect the shift toward digitised finance and tokenised assets to begin gradually before accelerating rapidly once adoption reaches a tipping point.

MARA Holdings shares fell after the Bitcoin miner disclosed a $1.26 billion first-quarter net loss and confirmed it sold nearly $1.5 billion worth of Bitcoin during the period.

Donald Trump and Xi Jinping struck an optimistic tone at the start of their summit, emphasizing possibilities for collaboration. Bloomberg's Stephen Engle reports from Beijing.