Crypto Breaking News

Moody's Marc Pinto says private credit has proven resilient through a recent liquidity crunch, with software-heavy BDC portfolios holding up and troubled borrowers still low at around 0.5%. Pinto, the Global Head of Private Credit at Moody's Ratings, says the sector should continue expanding, though elevated redemptions are likely through year-end before stabilising closer to 5%. Pinto discussed the outlook on Bloomberg The Opening Trade with Anna Edwards, Guy Johnson and Tom Mackenzie.

Moody's Marc Pinto says private credit has proven resilient through a recent liquidity crunch, with software-heavy BDC portfolios holding up and troubled borrowers still low at around 0.5%. Pinto, the Global Head of Private Credit at Moody's Ratings, says the sector should continue expanding, though elevated redemptions are likely through year-end before stabilising closer to 5%. Pinto discussed the outlook on Bloomberg The Opening Trade with Anna Edwards, Guy Johnson and Tom Mackenzie.

Cathie Wood said Larry Fink’s shift toward supporting Bitcoin and tokenisation is accelerating institutional adoption of digital assets.

The French Trade Minister argued the EU will use tools if Donald Trump makes excessive threats to strategic industries, and is seeking to build a more 'predictable' trade relationship with the US. Nicolas Forissier spoke exclusively to Bloomberg TV ahead of France presiding a meeting of G7 Trade Ministers in Paris on Wednesday.

French Trade Minister Nicolas Forissier discusses the trade relationship between the European Union and the US as President Donald Trump threatened to raise tariffs on cars and trucks from the EU to 25%. EU officials have said all options will be on the table if Trump follows through with the threat as the two sides work to implement the agreement. "There was an agreement last July, and so now we have to implement it," Forissier tells Bloomberg Television.

Toncoin surged more than 30% in 24 hours after Pavel Durov said Telegram would take a more active role in developing the TON blockchain.

Bitcoin has surged more than 19% in the past month, climbing above $80,000 even as inflation indicators rise, challenging its traditional behaviour as a risk-sensitive asset.

Major US banking groups said the latest CLARITY Act proposal on stablecoin yields does not go far enough to protect traditional bank deposits.

Standard Chartered, through its investment arm SC Ventures, has taken a strategic stake in GSR, marking the firm’s first external shareholder since its founding.

Exodus Movement has reached a “critical threshold” in its transition from a self-custody wallet provider to a broader crypto payments platform, according to Benchmark.

Circle surged 19.89% to $119.53 as crypto-related stocks rallied on renewed momentum around the Clarity Act, which aims to regulate stablecoin yields in the US.

Bitcoin is drawing attention as it enters May with two consecutive monthly gains, putting the market on track for a rare three-month winning streak.