Robinhood eyes UK and EU rollout of its booming prediction markets, but faces questions over classification.
Bloomberg News
Bloomberg is a privately held company, focusing on financial software, data and media, and was founded by Michael Bloomberg in 1981. Bloomberg Terminal is Bloomberg L.P.’s core revenue-generating product, which is a software system providing users with monitoring and analyzing real-time financial market data and trades, news, and secure messaging. Bloomberg News is one of the most recognizable divisions of Bloomberg L.P., producing content and gathering news, which is broadcast through Bloomberg Terminals, television and radio. Bloomberg News is one of the most popular financial-related media platforms that was quick to recognize the potential of cryptocurrency. Today, Bloomberg cryptocurrency news has a section on the agency’s website where Bloomberg gathers both Bitcoin and altcoin news.
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NovaDius Wealth Management president Nate Geraci said it will be an “enormous next few weeks for spot crypto ETFs" as the SEC is due to decide on 16 applications.
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SoftBank and ARK are reportedly eyeing an investment in Tether, a move that could value the stablecoin issuer at up to $500 billion as it diversifies beyond USDT.
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BlackRock filed a registered trust company to back its proposed Bitcoin Premium Income ETF, a yield-generating product that would complement its $87 billion spot Bitcoin ETF, IBIT.
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According to the lawsuit, Justin Sun’s crypto holdings included about 60 billion Tron, 17,000 Bitcoin, 224,000 Ether and 700 million Tether as of February.
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US steps in with a lifeline as Argentina battles peso turmoil, investor flight and President Javier Milei’s waning credibility. Crypto adoption surges.
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The DOJ is reportedly considering lifting a three-year compliance monitor imposed under Binance’s $4.3 billion settlement.
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The era of memecoin exchange-traded funds has begun in the United States, according to Bloomberg’s Eric Balchunas.
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Justin Sun accused Bloomberg in court of wrongly publishing information about his crypto holdings. The news outlet said it’s planning to fight back.
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Backed by Cantor Fitzgerald, Tether and SoftBank, Twenty One Capital now holds over 43,500 BTC, surpassing early projections, according to Bloomberg.
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SharpLink Gaming is currently the second-largest Ethereum treasury firm after BitMine Immersion Technologies.
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Michael Saylor’s company has accumulated 607,770 BTC since adopting its Bitcoin treasury strategy in 2020.
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Binance founder CZ shared a tweet alleging Coinbase as the anonymous source behind Bloomberg’s report targeting Trump’s crypto project and Binance.
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Binance co-founder CZ has dismissed a Bloomberg report linking him to the Trump-backed USD1 stablecoin, threatening legal action over alleged defamation.
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SOL’s chart projects further upside despite the SEC delaying a decision on a Solana ETF approval.
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