Bitcoin rally faces pressure as social media optimism surges
Bitcoin market sentiment has turned sharply optimistic again as traders across social platforms show growing confidence in the ongoing crypto recovery.
Bitcoin market sentiment has turned sharply optimistic again as traders across social platforms show growing confidence in the ongoing crypto recovery.
MicroStrategy confirmed it may sell portions of its Bitcoin holdings under carefully defined financial conditions rather than following an absolute long-term holding strategy.
South Korea’s cryptocurrency market experienced a sharp decline over the past year as investors redirected funds into the country’s stock market amid weaker digital asset sentiment.
XRP network activity recorded a steep decline ahead of the weekend as payment transactions on the XRP Ledger dropped by nearly 80% compared to recent peaks.
Walk down the beverage aisle and you'll find dozens of sparkling water brands competing for your attention. It looks like saturation, but it's actually a sign of a category in the middle of a massive shift away from sugary sodas and toward healthier, zero-sugar alternatives. Spindrift's CEO says there's a clear path to $1 billion in sales. Nixie's founder says taste is everything. And a venture investor says the smartest money isn't on any one brand, it's on the companies that supply them all.
A cruiseship at the center of a deadly hantavirus outbreak is starting the process of evacuating passengers in Spain's Canary Islands, almost a month after the contagious disease broke out. Distinguished professor in the Division of Infectious Diseases at Emory University School of Medicine Dr. Carlos Del Rio joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. The vessel, the Dutch-flagged MV Hondius, anchored near Tenerife on Sunday and people have started to disembark, beginning with Spanish citizens, Spain's Health Ministry said. Passengers from the Netherlands, Germany and Belgium will follow and be flown to their countries, with both a Spanish and a Dutch plane ready. The Irish government is sending a plane to Spain on Sunday to repatriate two Irish citizens, who will then be sent to a medical facility for monitoring and isolation, a situation that could take several weeks, broadcaster RTE said.
A tanker carrying liquefied natural gas from Qatar appears to have transited the Strait of Hormuz, marking the country's first export out of the region since the Iran war began. Bloomberg Asia Energy Lead Stephen Stapczynski joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. The Al Kharaitiyat, which loaded at the Ras Laffan export plant earlier this month, exited the strait and is in the Gulf of Oman, ship-tracking data compiled by Bloomberg shows. The vessel lists Pakistan as its next destination, according to the data. The ship appears to have navigated the Tehran-approved northern route that hugs the Iranian coast through the strait, the data showed.
Every year, Filipinos working overseas send $35 billion back home and a growing share of those transfers are being executed using stablecoins. The blockchain technology promises to make cross-border payments cheaper and nearly instantaneous, offering an alternative to traditional remittance channels. But even though the opportunity could be huge, stablecoins remain a tiny part of the global payments system today. With the GENIUS Act set to take effect and banks eyeing the space, the race to scale is just getting started.
Bitcoin may enter the upcoming United States inflation release under growing pressure as analysts warn that weakening institutional support could expose the market to a deeper correction.
Australian Treasurer Jim Chalmers will hand down the 2026-27 Federal Budget on May 12. It's framed as one the country's most consequential Budgets against a backdrop of inflation-fuelling global energy shocks, climbing cost-of-living, slowing productivity and a national debt edging toward A$1 trillion. Chalmers speaks with Bloomberg's James Mayger in Canberra.
Elite runner Rachel Entrekin David Gura and Christina Ruffini on Bloomberg This Weekend to discuss her historic achievement as the first woman to win the 250-mile Cocodona ultramarathon outright. She finished the grueling Arizona course in a record 56 hours, 9 minutes, and 48 seconds, defeating the entire field of men and women.
The deadly hantavirus outbreak on a cruise ship doesn't risk triggering the next pandemic, World Health Organization officials said, downplaying an incident that has raised concern about a new viral contagion. Former White House COVID Response Coordinator and Infectious Disease Expert Dr. Ashish Jha joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.