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Bloomberg

Binance Prepares for EU Exit With Local License in Limbo

Bloomberg's Anna Irrera joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Binance is making preparations to stop providing services in the European Union, as a deadline to receive a license to operate in the bloc draws near and the crypto exchange has yet to receive approval from Greece's financial regulator.

Leia mais: Binance Prepares for EU Exit With Local License in Limbo
Bloomberg

SpaceX Investor Powerlaw Debuts Amid IPO Race

Powerlaw, a closed-end fund that owns stakes in Elon Musk's SpaceX and artificial intelligence firm OpenAI, traded well above the value of its underlying investments in its debut, capitalizing on retail investors' clamor for exposure to the hottest private tech companies. Bloomberg's Anthony Hughes and Mike Dinsdale, CEO at Powerlaw join to discuss Powerlaw's platform allowing exposure to private tech companies as well as the IPO enviroment.

Leia mais: SpaceX Investor Powerlaw Debuts Amid IPO Race
Bloomberg

Crypto Wrap: Strategy Buys More Bitcoin, Robinhood Cuts Jobs

Bloomberg's Monique Mulima joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Robinhood said it's cutting 10% of its workforce, a reduction of around 300 positions, to "remain lean and disciplined" as it develops new products. Also, Strategy purchased 1,587 bitcoin tokens from June 8 to June 14 for aggregate purchase price of $100m

Leia mais: Crypto Wrap: Strategy Buys More Bitcoin, Robinhood Cuts Jobs
Bloomberg

Oil Falls Below $80 For First Time in More Than Three Months

Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and regional benchmarks collapsing. Gasoline prices are also falling. Bloomberg Mike McGlone joins to discuss.

Leia mais: Oil Falls Below $80 For First Time in More Than Three Months
Bloomberg

Congress Demand Details, Vote on Trump-Iran Deal

Key lawmakers, including Senate Majority Leader John Thune, remained in the dark on Tuesday on the specifics of the so-called memorandum of understanding, a 14-point document that should lead to a two-month ceasefire extension and the start of negotiations over Iran's nuclear program. Several said they expect to see the document in the coming days as the two countries prepare to sign the agreement in Geneva on Friday. Congresswoman Jennifer McClellan, Democrat representing Virginia's 4th District joined Balance of Power to discuss.

Leia mais: Congress Demand Details, Vote on Trump-Iran Deal
Bloomberg

Netanyahu Pays Political Price for Iran Gambit With Trump

Benjamin Netanyahu's relationship with Donald Trump has become a liability due to the US president's deal with Iran, which much of Israel opposes. Michael Oren, former Israeli ambassador to the US, joined Balance of Power and he said Israel wasn't consulted on the interim deal between the US and Iran and will continue to do what's necessary to protect itself

Leia mais: Netanyahu Pays Political Price for Iran Gambit With Trump