Tag: Bloomberg

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Prediction market Kalshi raises $1 billion at double its December valuation: Bloomberg

Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter.The...

Bloomberg Strategist Warns of 2008 Replay for Global Markets

As the conflict involving Iran drags on and global energy supplies risk prolonged disruption, most financial assets are likely to behave like risk assets,...

Bloomberg strategist doubles down on $10,000 bitcoin call but peers say its ‘silly’

Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall...

Banking Giant Barclays Mulls Crypto Payments Push: Bloomberg

In brief Barclays has requested information from technology providers regarding a potential push into blockchain, according to Bloomberg. The banking giant is said to be considering...

Barclays explores blockchain platform for payments: Bloomberg

Multinational bank Barclays (BARC) is exploring the creation of a blockchain platform for payments and other processes, Bloomberg reported on Friday.The London-based financial services...

Bloomberg Report Argues Bitcoin’s Digital Gold Thesis Is Cracking, Bitcoiners Disagree

A new Bloomberg analysis argues bitcoin is facing a “$1 trillion identity crisis,” as falling prices, exchange-traded fund (ETF) outflows, and rising competition from...

Bitcoin price will fall to $10,000 as crypto ‘bubble is imploding,’ warns Bloomberg analyst – DL News

Bitcoin is set to collapse by another 85%, analyst warns.AI disruption fears trigger broad stock market selloff.The cryptocurrency market “bubble is imploding” with Bitcoin’s...

Jump Trading to take small stakes in prediction markets Polymarket, Kalshi: Bloomberg

Jump Trading plans to take a small stake in each of the prediction-market platforms Kalshi and Polymarket, Bloomberg reported on Monday, citing people with...

Why crypto is getting ‘Trumped’ as Bitcoin price plunges to $60,000, forecasts Bloomberg analyst – DL News

Bitcoin extends losses dipping to nearly $60,000 on Friday.Analysts list three reasons why the top crypto is getting hammered.Bitcoin tumbled to nearly $60,000 on...

Block (XYZ) weighs cutting up to 10% of jobs: Bloomberg

Block Inc. (XYZ), the payments company run by Jack Dorsey, may reduce its workforce by as much as 10%, Bloomberg reported, citing people familiar...

Aave Founder Stani Kulechov buys $30 million mansion in London’s Notting Hill: Bloomberg

Stani Kulechov, the founder of decentralized lending platform Aave, bought a 22 million-pound ($30 million), five-floor mansion in London’s upscale Notting Hill area, according...

UBS Planning Bitcoin, Ethereum Trading for Some Wealthy Clients: Bloomberg

In brief UBS, the world's largest wealth manager overseeing $4.7 trillion in assets, will allow select private banking clients to trade Bitcoin and Ethereum starting...