Bitcoin falls below $80,000 as crypto liquidations top $660m
More than $660m in crypto positions were liquidated within 24 hours after Bitcoin dropped sharply below $80,000.
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More than $660m in crypto positions were liquidated within 24 hours after Bitcoin dropped sharply below $80,000.
US President Donald Trump warned Iran Sunday in a social media post that the "clock is ticking," hours after drones targeted a nuclear power plant in the United Arab Emirates. Tyler Kendall reports on Bloomberg Television.
Elon Musk said he's back in Texas working on plans for an initial public offering of SpaceX as the company prepares for the largest listing of all time. "We've got to get the SpaceX IPO going pretty soon," Musk said during a virtual appearance at the Samson International Smart Mobility Summit in Tel Aviv. SpaceX could file for an initial public offering as soon as this week, people familiar with the matter said. Bloomberg's Charlie Wells reports.
Elon Musk has shared a clip of Citadel CEO Ken Griffin warning that artificial intelligence is now moving into some of finance’s most skilled roles.
Kim Crawford, global fixed income portfolio manager at JPMorgan Asset Management, and Laura Cooper, global investment strategist and macro credit head at Nuveen, discuss the selloff in global bond markets as a fragile ceasefire between the US and Iran extends past 40 days and a deal to reopen the Strait of Hormuz remains elusive. They speak on Bloomberg Television.
US authorities are working to extract a small number of Americans from the Democratic Republic of Congo, where a deadly Ebola outbreak caused by the Bundibugyo strain is spreading. On Sunday, the World Health Organization declared the outbreak a public health emergency of international concern. Bloomberg's Jennifer Zabasajja reports.
A7A5, a Russia-linked stablecoin tied to sanctioned defence bank Promsvyazbank, said it aims to evolve from a sanctions workaround into a long-term cross-border settlement tool.
China confirmed it participated alongside the United States and United Arab Emirates in a large-scale international operation targeting pig-butchering scam networks operating in Dubai.
Group of Seven finance chiefs are meeting in Paris to discuss how oil-fueled inflation risks overshadowing economic prospects. The talks are meant to dwell on imbalances ranging from the US budget deficit to China's weak consumption. Bloomberg's Oliver Crook reports from Paris.
Kraken reportedly cut about 150 employees as the company expanded its use of artificial intelligence across the business, according to a Friday report by Bloomberg.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Commodity Futures Trading Commission is reportedly investigating Polymarket over approximately $800 million in oil-related prediction markets tied to allegations of insider trading.
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