Cryptocurrencies Stumble After SEC Files Charges Against Binance

(Bloomberg) -- Cryptocurrencies slumped across the board after the US Securities and Exchange Commission accused Binance Holdings Ltd. of mishandling funds and lying to regulators. Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyOil Nudged Higher by Saudi Surprise Cut as Traders Wait and SeeA Wall Street Titan Scores One of the Best Real Estate Trades EverUS F-16 Triggers Sonic Boom Pursuing Cessna

• 2023-06-06
• Bloomberg US Securities and Exchange Commission the SEC Changpeng Zhao Binance Axie Infinity

Bitcoin Faces First Monthly Drop of 2023 as Crypto Revival Cools

(Bloomberg) -- The crypto rebound is losing steam, leaving Bitcoin on course for its worst month since the FTX exchange collapsed in November last year.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapJPMorgan Builds Unit for World’s Richest Families in Wealth BetThe roug

• 2023-05-31
• Bloomberg Bloomberg Television Bitcoin price Bitcoin crypto rebound

Bitcoin Jumps to More Than Two-Week High on Relief Over US Debt Ceiling

(Bloomberg) -- Bitcoin climbed to the highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe largest digital token added

• 2023-05-29
• Bloomberg President Joe Biden Binance Coin investor sentiment

Bitcoin’s Volatility Drops to Lowest Since 2020 While AI Tokens Take Off

(Bloomberg) -- The typically hyper-volatile Bitcoin hasn’t been so choppy of late at all.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeCredit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyThe largest digital asset hasn’t posted a daily move of 6% for 70 sessions, the lo

• 2023-05-27
• Bloomberg Bitcoin debt ceiling

A Rare Shift in Crypto Volatility Offers Ether a Boost Relative to Bitcoin

(Bloomberg) -- Volatility gauges suggest traders expect smaller near-term swings in Ether compared with Bitcoin, a reversal of the usual pattern for the two largest digital assets in the cryptocurrency sector.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Mexico Raises Alert Level on Volcano Rumbling Near CapitalZelenskiy Signals Bakhmut Falling, Russian Casualties HighThe T3 Ether Volatility Index, a m

• 2023-05-22
• Bloomberg Bitcoin Volatility Index Volatility digital assets

Crypto Firm Seeks Funds at $1 Billion-Plus Value as HK Opens Up

(Bloomberg) -- Crypto investment firm Hashkey Group plans to raise funds at a valuation above $1 billion, taking advantage of Hong Kong’s digital asset push to try and entice potential investors.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyNYC Skyscrapers Sit Vacant, Expo

• 2023-05-19
• Bloomberg Hong Kong Hashkey Group

Drop in Binance’s Crypto Dominance Boosts Rival Exchanges Huobi and OKX

(Bloomberg) -- Crypto exchanges Huobi and OKX benefited after rival Binance curbed a zero-fee promotion and shed market share in the spot trading of digital assets, according to data from research company Kaiko.Most Read from BloombergNBCUniversal’s Yaccarino in Talks to Run Twitter, WSJ SaysKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoJamie Dimon Says US Needs to 'Finish' the Bank CrisisTurkey Markets

• 2023-05-12
• Bloomberg Changpeng Zhao digital assets market share Kaiko Binance research company

Crypto VCs Behind 10T Want to Build New $200 Million Fund

(Bloomberg) -- There are still investors who want to put money into cryptocurrency startups, despite the recent wave of scandals and setbacks that have shaken the industry. A team of crypto investors is seeking $200 million to back digital-asset startups in a new firm called TenSquared Capital, according to two people familiar with the matter.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimHedge Funds Drive Credit Suisse CDS Higher on Bets of a Payout

• 2023-05-11
• Bloomberg 10T Holdings

Sputtering Bitcoin Trails Stocks and Gold as the Trading Backdrop for Crypto Sours

(Bloomberg) -- Bitcoin has flipped from leader to laggard on the global market scoreboard amid congestion on its blockchain and concern about ebbing liquidity in crypto markets.Most Read from BloombergTucker Carlson’s Twitter Move Wipes $235 Million From RumbleSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapThese Are the Best and Worst Airlines in the

• 2023-05-11
• Bloomberg Bitcoin Bloomberg Television global market Bitcoin network

Binance’s Crypto Market Share Likely Fell After Zero-Fee Trading Halt

(Bloomberg) -- Binance appears to have lost market share amid changes to its trading-fee structure and a wider regulatory crackdown on the cryptocurrency universe by US officials.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapVanguard’s Trillion-Dollar Man Leads a Fixe

• 2023-05-11
• Bloomberg market share trading volume Dessislava Ianeva