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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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Winklevoss’ Gemini Gets Lukewarm Street Reaction After IPO Slump

Winklevoss’ Gemini Gets Lukewarm Street Reaction After IPO Slump

Gemini Space Station Inc. wiped out gains from its initial public offering within days of its September debut, and analysts are offering only modest support, warning in their initiations of coverage t...

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1 min
Bitcoin Life Insurance Provider Meanwhile Raises $82 Million

Bitcoin Life Insurance Provider Meanwhile Raises $82 Million

Apollo, Northwestern Mutual, Pantera Capital and Stillmark are joining Bain Capital and crypto investor Haun Ventures to back the Bitcoin life insurance firm Meanwhile in a $82 million funding round....

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1 min
BNY Explores Tokenized Deposits as Blockchain Payments Catch On

BNY Explores Tokenized Deposits as Blockchain Payments Catch On

Bank of New York Mellon Corp. is exploring tokenized deposits to enable clients to make payments using blockchain, as major banks across the world step up use of the technology underpinning digital as...

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1 min
Bitcoin Option Traders Eye $140,000 After Record-Setting Rally

Bitcoin Option Traders Eye $140,000 After Record-Setting Rally

The sudden push to a fresh all-time high in Bitcoin over the weekend has options traders adding to bets that the largest cryptocurrency will rally to $140,000....

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1 min
Nomura Crypto Unit Poaches Three of Galaxy’s Derivatives Traders

Nomura Crypto Unit Poaches Three of Galaxy’s Derivatives Traders

Nomura Holdings Inc.’s digital-assets subsidiary Laser Digital has recruited a trio of derivatives traders from Mike Novogratz’s Galaxy Digital, as the crypto options market booms....

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1 min
Bitcoin Rises to a Record as ‘Debasement’ Trade Spurs Risk Rally

Bitcoin Rises to a Record as ‘Debasement’ Trade Spurs Risk Rally

Bitcoin set another all-time high as a broader risk rally around the US government shutdown buoyed the world’s largest cryptocurrency....

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1 min
Coinbase Seeks OCC Trust Charter to Grow Payments Business

Coinbase Seeks OCC Trust Charter to Grow Payments Business

Coinbase Global Inc., the largest US crypto exchange, is seeking a national trust company charter from the Office of the Comptroller of the Currency, the company said Friday....

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1 min
Stablecoin Leader Tether Seeks Capital for Tokenized Gold Hoard

Stablecoin Leader Tether Seeks Capital for Tokenized Gold Hoard

Tether Holdings SA and a company with close ties to Bitmain Technologies Ltd., the Bitcoin hardware giant, are in talks to raise capital for a public vehicle that would accumulate tokenized gold....

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1 min
Bitcoin Approaches Record as ‘Debasement’ Trade Spurs Risk Rally

Bitcoin Approaches Record as ‘Debasement’ Trade Spurs Risk Rally

Bitcoin approached its all-time high as a broader risk rally around the US government shutdown buoyed the world’s largest cryptocurrency....

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1 min
Stablecoin Rewards Dispute Reignites Rift With Banks Over Deposits

Stablecoin Rewards Dispute Reignites Rift With Banks Over Deposits

Olga Kharif examines the growing dispute over whether US regulators need to figure out whether to let exchanges with stablecoins on their platforms offer rewards to users and permit them to lure depos...

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1 min
Oracle Investigating Hacks of Its Customers’ E-Business Suite

Oracle Investigating Hacks of Its Customers’ E-Business Suite

Oracle Corp. is investigating hacks of numerous customers’ E-Business Suite applications following an extortion campaign targeting large organizations, according to two people familiar with the matter...

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1 min
Bitcoin Hits $120,000 for First Time Since Reaching Record High

Bitcoin Hits $120,000 for First Time Since Reaching Record High

Bitcoin rose to $120,000 for the first time since setting a record high seven weeks ago as speculation increases that the US government shutdown will drive investors to safe-haven assets....

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1 min