Coinbase Premium flips negative as US crypto demand cools
The Coinbase Premium index has fallen back into negative territory, pointing to weaker spot market demand from US institutional crypto investors.
The Coinbase Premium index has fallen back into negative territory, pointing to weaker spot market demand from US institutional crypto investors.
Humanity Project has reported a major cross-chain attack on its H token after an attacker stole a private key through a targeted phishing campaign.
TAO rose sharply over the past 24 hours, extending a strong move that placed the token among the day’s major crypto market gainers.
Public crypto token sales are heading for their weakest quarterly fundraising result in five years after raising just US$58 million so far in Q2 2026.
Kraken has been named the official crypto exchange of the 2026 FIFA World Cup as the tournament begins across Canada, Mexico and the United States.
China is preparing to upgrade its digital yuan into a broader payments system that could strengthen Beijing’s push to reduce reliance on the US dollar in global transactions.
Kalshi, Crypto.com, Polymarket and other prediction market platforms have jointly filed a lawsuit in Kentucky state court to block a new 14.25% tax on transaction fees.
SpaceX-linked derivative products have generated more than US$9 billion in total trading volume since their launch in May, as crypto traders rushed to gain synthetic exposure to the company’s market debut.
Bitcoin’s latest mining difficulty adjustment delivered a sharp 10.09% cut, marking one of the largest single downward moves recorded in the network’s history.
Elon Musk and his executives had one overarching message for the army of people working on the SpaceX initial public offering over the past six months: Faster, move faster. As the gigantic space exploration startup barreled toward a public listing after 24 years as a private company, the urgency was apparent. The rush was driven by a canny strategy: go public before the US midterm elections, with a mostly pro-Musk president in charge; beat OpenAI and Anthropic to market to get in early on investors' appetite for AI-focused listings; and become a public company before Musk's 55th birthday at the end of June. Bloomberg Global Space Reporter Loren Grush and Senior reporter Bailey Lipshultz joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
While plenty of Americans are emphatically unready to give up caffeine, many are experimenting with a new range of options beyond the traditional cup of hot java, paying heed to caffeine's impact on their sleep, mood and energy level. Consumers are becoming more cognizant of "energy management" in their beverage choices, says Daniel Jhung, president of the coffee and beverage division of Nestlé USA. For many, this might mean drinking coffee in the morning, but going easy on caffeine in the afternoon. Bloomberg reporter Kristina Peterson joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
Swarovski CEO Alexis Nasard joined Bloomberg This Weekend's Christina Ruffini for a tour and discussion about the significant brand transformation the company is undergoing as it aims to modernize its luxury image by partnering with celebrities like Ariana Grande and Venus Williams, as well as incorporating popular Disney and Marvel characters.