China Touts Yuan as US Ups Strong Dollar: 3-Minutes MLIV
Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
XRP (CRYPTO:XRP) rebounded from a session low near US$1.11 but remained below the US$1.13–1.14 resistance zone as weak trading volume limited momentum.
SecondFi said it will permanently cease normal operations after a wallet exploit that drained about 16 million Cardano (CRYPTO:ADA) from 374 wallet addresses.
Yield Guild Games (YGG) will cut 35 employees and close its YGG Play publishing division as it shifts its focus from Web3 game publishing to supplying data for artificial intelligence models.
A crypto trader lost about US$2 million after swapping Ethereum (CRYPTO:ETH) through a decentralised exchange, where a low-liquidity routing path enabled a same-block arbitrage trade that left the user with tokens worth only about US$14,500.
Abu Dhabi's Mubadala Investment Co. is opening up one of its largest investment businesses to outside investors for the first time, Dinesh Nair reports.
Adnoc Distribution is has agreed to buy Shell fuel stations across South Africa in a deal valued at $1 billion. CEO Bader Saeed Al Lamki explained the rationale behind the move to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa.
Digital Currency Group and its founder Barry Silbert will continue facing a New York common law fraud claim after a U.S. federal court revived the allegation while allowing existing federal securities claims to proceed.
AVAX One (NASDAQ:AVX) appointed Chief Operating Officer Pete Wylie as interim chief executive after Jolie Kahn stepped down by mutual agreement, with the company beginning a search for a permanent CEO.
UK Business Secretary Peter Kyle said the governing Labour Party's industrial strategy will survive a change of leadership, arguing Keir Starmer's likely successor, Andy Burnham, was "already committed" to the policy. Kyle made the comments Monday in an interview to Bloomberg's Lizzy Burden.
Injective said Layer-1 blockchains will face increasing pressure to compromise on decentralisation as demand for faster transactions and higher throughput grows with broader blockchain adoption.
Strategy saw its STRC preferred stock listed for spot trading on Binance Stocks after the company sold 3,588 Bitcoin (CRYPTO:BTC) for US$216 million to fund dividend payments while retaining 843,775 BTC.