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Bloomberg (Crypto)

Latest coverage curated from Bloomberg (Crypto)

Bloomberg's comprehensive coverage of cryptocurrency markets, regulation, and institutional adoption.

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‘Uptober’ Ends on a Down Note to the Dismay of Bitcoin Faithful

‘Uptober’ Ends on a Down Note to the Dismay of Bitcoin Faithful

Sidhartha Shukla takes a look at the reasons behind the sudden shift in sentiment around Bitcoin during what is usually one of the best months for the largest cryptocurrency....

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1 min
Michael Saylor’s Strategy Returns to Profitability in Third Quarter

Michael Saylor’s Strategy Returns to Profitability in Third Quarter

Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to the rising value of the company’s roughly $69 billion cryptocurre...

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1 min
Coinbase Rises After Revenue Climbs More Than Estimates

Coinbase Rises After Revenue Climbs More Than Estimates

Shares of Coinbase Global Inc. rose more than 4% after the largest US crypto exchange reported revenue that exceeded Wall Street’s third-quarter estimates....

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1 min
Digital Euro Could Be Curtailed Under EU Lawmaker’s Proposal

Digital Euro Could Be Curtailed Under EU Lawmaker’s Proposal

A fully-fledged digital euro should only be launched if the private sector doesn’t come up with its own solution to integrate the region’s fractured payments landscape, according to the lead European ...

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1 min
Digital Euro Pilot Phase Could Start as Soon as 2027, ECB Says

Digital Euro Pilot Phase Could Start as Soon as 2027, ECB Says

The European Central Bank may launch a pilot phase for the digital euro in 2027, provided national governments and the European Parliament agree on a legal framework next year....

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1 min
Trump Memecoin Issuer In Talks to Buy Crowdfunding Business

Trump Memecoin Issuer In Talks to Buy Crowdfunding Business

A Donald Trump-linked memecoin looks poised to get a fresh boost....

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1 min
The Curious Case for Crypto Treasury Buybacks Takes  Unique Turn

The Curious Case for Crypto Treasury Buybacks Takes  Unique Turn

Ryan Weeks takes a look at the latest twist in the volatile world of digital asset treasury companies....

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1 min
Tether Weighs Splitting From Big Crypto PAC for Political Giving

Tether Weighs Splitting From Big Crypto PAC for Political Giving

Stablecoin giant Tether is looking at spending money on US elections as it prepares to open a US entity and is considering options other than the political action committee that has won the support of...

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1 min
A New Tech Platform Takes Aim at Crypto’s Self-Destruct Button

A New Tech Platform Takes Aim at Crypto’s Self-Destruct Button

Dmitry Tokarev, founder of crypto custodian Copper Technologies Ltd., is starting another business to tackle the rising security risks associated with managing your own digital assets....

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1 min
Citi Taps Coinbase to Explore Stablecoin Payments for Clients

Citi Taps Coinbase to Explore Stablecoin Payments for Clients

Citigroup Inc. and Coinbase Global Inc. are teaming up to provide expanded digital-asset payment capabilities to the bank’s corporate clients, the latest instance of major Wall Street firms looking to...

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1 min
Crypto.com Joins Digital-Asset Firms Pursuing US Bank Charters

Crypto.com Joins Digital-Asset Firms Pursuing US Bank Charters

Crypto.com became the latest cryptocurrency firm to pursue a US bank charter as it seeks to further its custody-service business for products such as digital-asset treasuries and exchange-traded funds...

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1 min
Stablecoin Leader Tether Expects Profit to Increase to $15 Billion This Year

Stablecoin Leader Tether Expects Profit to Increase to $15 Billion This Year

Tether Holdings Ltd. expects close to $15 billion in profit this year, as the stablecoin issuer’s rapid growth continues to attract investors keen to back the closely-held company....

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1 min