Bitwise stakes $114M in Hyperliquid token
Bitwise has deposited and staked 1.775 million Hyperliquid (CRYPTO:HYPE) tokens valued at approximately US$114 million, expanding its investment in the decentralised derivatives protocol.
Bitwise has deposited and staked 1.775 million Hyperliquid (CRYPTO:HYPE) tokens valued at approximately US$114 million, expanding its investment in the decentralised derivatives protocol.
The Bank for International Settlements (BIS) warned that rapid growth in artificial intelligence investment could have significant financial consequences if highly leveraged funding structures unravel during a market downturn.
SBI Holdings has agreed to acquire Japanese cryptocurrency exchange Bitbank for US$289 million, with Architect Partners saying the transaction strengthens SBI's position in Japan's increasingly regulated digital asset market.
Prosus CEO Fabricio Bloisi says its food takeaway firm Just Eat will start delivering growth in the next few months and has plans for global growth. Bloisi speaks on Bloomberg Television after Prosus announced that profit more than doubled last fiscal year, beating analysts' estimates helped by growth in the tech investment company's e-commerce businesses.
Brazil has proposed a mandatory 24-hour holding period for stablecoin transfers above US$10,000 to allow virtual asset service providers to complete risk assessments before processing cross-border payments.
Changpeng Zhao (CZ) said Bitcoin (CRYPTO:BTC) and the broader cryptocurrency market have declined in 2026 because of a combination of geopolitical tensions, capital flowing into artificial intelligence and the sector's historical four-year market cycle.
US & Iran have agreed to cease attacking each other as peace talks resume. The exchange of attacks began over the Strait of Hormuz after the IRGC struck a container ship, prompting Washington to hit Iran, and both sides blaming the other for breaching the ceasefire. Julia Roknifard, Senior Lecturer at the School of Law & Governance at Taylor's University, Malaysia spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa on the likely scenario ahead.
EU Trade Commissioner Maros Sefcovic is set to meet Chinese Commerce Minister Wang Wentao in Brussels this week as the bloc presses Beijing to address a widening trade imbalance that reached about 360 billion ($410 billion) in 2025 and continued to expand this year. Bloomberg's Richard Bravo has more.
Bitcoin (CRYPTO:BTC) rose about 2% after the United States and Iran agreed to halt military strikes and restart talks over tensions in the Middle East, lifting the cryptocurrency from a 24-hour low of US$58,856 to above US$60,000.
Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as prime minister. Bloomberg Opinion's Rosa Prince has a preview of the speech. Her views are her own.
Anthropic PBC won US approval to restore some access to its powerful Mythos 5 artificial intelligence model, after resolving concerns from Donald Trump's administration about the technology's potential threats to national security. Bloomberg's Neil Campling reports.
South Korea unveiled an ambitious plan aimed at cementing its status as a technological powerhouse, with companies led by Samsung Electronics Co. and SK Hynix Inc. initiating large-scale investments in memory chips, data centers and robotics. Samsung and SK Hynix leaders sat next to President Lee Jae Myung at a briefing, and are expected to give more details of their future investment plans. Bloomberg's Cat Barton reports from Seoul.