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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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Google-Linked Crypto Miner Plans $3 Billion Debt for Data Center

Google-Linked Crypto Miner Plans $3 Billion Debt for Data Center

TeraWulf Inc. is expected to raise approximately $3 billion to support the build-out of its data centers via a structure supported by Google Inc., according to Patrick Fleury, the crypto miner’s finan...

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1 min
The Trumpification of the Korean Blockchain Scene

The Trumpification of the Korean Blockchain Scene

Muyao Shen recaps how the Korean blockchain scene has changed since she last reported on the industry’s main annual gathering....

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1 min
Crypto Retreat Continues as Ether Hits Seven-Week Low

Crypto Retreat Continues as Ether Hits Seven-Week Low

Ether slid below $4,000 to its lowest level in nearly seven weeks, extending a broader digital-asset rout that’s erased more than $140 billion in market value since the start of the week....

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1 min
Europe Risks Falling Behind US on Stablecoins, Villeroy Says

Europe Risks Falling Behind US on Stablecoins, Villeroy Says

European banks risk falling behind the US in the rapid development of stablecoins, potentially undermining the continent’s sovereignty, European Central Bank Governing Council member Francois Villeroy...

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1 min
A $500 Billion Tether Would Make Chairman Richer Than Buffett

A $500 Billion Tether Would Make Chairman Richer Than Buffett

A deal under discussion that would make stablecoin-issuer Tether Holdings one of the world’s most valuable private companies would also vault its owners’ wealth into the stratosphere....

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1 min
Crypto’s Liquidation Data Gap Hides Scale of Rout

Crypto’s Liquidation Data Gap Hides Scale of Rout

Roughly $1.7 billion in bullish bets were wiped out on Monday. Or is the figure actually much higher?...

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1 min
Digital Euro May Be Rolled Out in Mid-2029, ECB’s Cipollone Says

Digital Euro May Be Rolled Out in Mid-2029, ECB’s Cipollone Says

The digital euro could become a reality in 2029 as efforts intensify to get the long-running project off the ground, according to European Central Bank Executive Board member Piero Cipollone....

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1 min
Inside the Princeton Network Fueling a Crypto Treasury Boom

Inside the Princeton Network Fueling a Crypto Treasury Boom

A tight circle of crypto power players — including Galaxy Digital’s Mike Novogratz and Pantera Capital’s Dan Morehead — keeps turning up in deal after deal, shaping one of the boldest bets in crypto’s...

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1 min
UK Blockchain Startup Fnality Raises $136 Million From Investors

UK Blockchain Startup Fnality Raises $136 Million From Investors

Fnality International Ltd., a UK-based blockchain-payments company, has raised $136 million in a funding round led by financial institutions seeking to boost exposure to the technology underpinning cr...

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1 min
Trump Family Ties Help American Bitcoin Claim Luxe Valuation

Trump Family Ties Help American Bitcoin Claim Luxe Valuation

David Pan looks at the real calculations behind a Trump-related Bitcoin miner’s stock-market valuation....

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1 min
Trump’s UK Visit Spurs a Crypto Strategy Push

Trump’s UK Visit Spurs a Crypto Strategy Push

The digital-asset industry wants the country to move ahead with a long-awaited regulatory framework....

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1 min
Santander’s Openbank Launches Crypto Trading For Retail Clients

Santander’s Openbank Launches Crypto Trading For Retail Clients

Banco Santander SA’s online bank Openbank has started offering retail cryptocurrency trading, marking the latest push by a large European financial institution into the asset class....

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1 min