Bloomberg News and Videos — Page 724

Simone Maini, CEO of Elliptic, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Blockchain analytics firm Elliptic Enterprises has raised $120 million in a new funding round backed by Deutsche Bank AG and Nasdaq Inc.'s venture arm, as large financial institutions expand their digital-asset offerings.

Kara Calvert, vice president of US policy at Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Senate Banking Committee released market structure bill text that will serve as the basis for the committee's markup of the digital asset market Clarity Act. The committee meets this Thursday.

Bloomberg's Emily Nicolle and Chris Palmeri join Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Kalshi has completed a funding round that values the prediction markets platform at $22 billion. DraftKings said it would spend more on a new push into predictions markets.

Bloomberg Intelligence's Nathan Dean joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Senate Banking Committee released market structure bill text that will serve as the basis for the committee's markup of the digital asset market Clarity Act. The committee meets this Thursday.

When Richard Nixon landed in Beijing in 1972 to end a quarter-century of Chinese diplomatic and economic isolation, his hosts were so enthralled with the US president's airliner that within months they ordered 10 Boeing Co. 707 jets. That purchase kicked off one of the most consequential commercial relationships in the planemaker's 110-year history and helped turn China into the world's second-largest aviation market after the US. Now Boeing is poised to reprise that moment when President Donald Trump heads to China this week in search of his own breakthrough with his counterpart, Xi Jinping. Boeing Chief Executive Officer Kelly Ortberg is expected to join the US delegation to China and has dangled the prospect of a major deal, saying Trump's visit would be "a meaningful opportunity for us." We get more from Bloomberg's Sid Philip.

EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the unsolicited bid as "neither credible nor attractive." EBay's board turned down the offer after taking into account "uncertainty" around the financing plan, the operational risks involved and GameStop's governance, Chairman Paul Pressler said in a letter addressed to Cohen. Pressler also cited GameStop's executive incentives and a takeover's potential impact on eBay's long-term growth. Bloomberg's Cecilia D'Anastasio joins Bloomberg Intelligence Radio for a closer look.

US Treasury Secretary Scott Bessent echoed his Japanese counterpart Satsuki Katayama by characterizing excess foreign-exchange volatility as undesirable in another indication of tacit US approval of Japan's recent market intervention. "We both believe that excess volatility is undesirable," Bessent said Tuesday in Tokyo, as he continued a day of meetings with senior officials in Japan including Katayama and Japanese Prime Minister Sanae Takaichi. He confirmed his team will maintain close contact with the finance ministry and said constant communication is the key to good outcomes. We get reaction from Ken Weinstein, Japan Chair at the Hudson Institute.

Energy markets on edge as a fragile Middle East ceasefire hangs in the balance. Charif Souki, the founder of Cheniere Energy who helped transform the US into the world's largest LNG exporter, discusses the outlook on "Bloomberg Open Interest."

Private equity is becoming more selective -- especially in real estate. Rockpoint Co-CEO Tom Gilbane discusses where the capital is flowing now on "Bloomberg Open Interest."

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said fixing "stupid" trade issues between the US and Europe would pave the way for better growth. He also says the US would benefit from a stronger NATO. He speaks to Bloomberg's Francine Lacqua at the bank's annual Global Markets Conference in Paris.