While Circle CEO Jeremy Allaire increased his net worth by a reported 149%, others like Changpeng Zhao and the Winklevosses saw declines.
Bloomberg News
Bloomberg is a privately held company, focusing on financial software, data and media, and was founded by Michael Bloomberg in 1981. Bloomberg Terminal is Bloomberg L.P.’s core revenue-generating product, which is a software system providing users with monitoring and analyzing real-time financial market data and trades, news, and secure messaging. Bloomberg News is one of the most recognizable divisions of Bloomberg L.P., producing content and gathering news, which is broadcast through Bloomberg Terminals, television and radio. Bloomberg News is one of the most popular financial-related media platforms that was quick to recognize the potential of cryptocurrency. Today, Bloomberg cryptocurrency news has a section on the agency’s website where Bloomberg gathers both Bitcoin and altcoin news.
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- Newsletter
Prediction markets are moving into crypto’s mainstream as Crypto.com’s in-house market maker raises fairness questions and Coinbase doubles down on growth.
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Crypto.com is hiring an internal market maker for its prediction markets, saying the move complies with regulations and aims to boost liquidity amid scrutiny.
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Bitcoin and select altcoins are attempting to start a recovery, but higher levels are expected to attract strong selling by the bears.
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DraftKings launches a prediction markets app in 38 states, setting the stage for future crypto-linked contracts under a regulated US derivatives framework.
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Ripple’s post-SEC rebound is drawing Wall Street backing, including a $40 billion valuation deal with downside protection— and some investors betting on XRP.
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Ripple’s $500 million raise shows its post-SEC shift is working, as Wall Street piles in under a deal reportedly offering rare protections and guaranteed returns.
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Tether is expanding its commodity-trade lending after deploying $1.5 billion in credit, marking a deeper shift from stablecoin issuer to global finance player.
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Bitcoin bulls have held the price above the critical $100,000 support level, but a shallow bounce increases the risk of a breakdown. Will altcoins gain ground while BTC searches for direction?
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Flutterwave partners with Polygon Labs to launch a stablecoin-powered cross-border payments network spanning 34 countries across Africa.
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Brett Harrison’s new startup brings perpetual futures — crypto’s signature high-leverage contracts — to stocks, currencies and commodities.
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Citi partnered with Coinbase to pilot stablecoin payments as the bank forecasts a $4 trillion market by 2030, signaling Wall Street’s growing crypto embrace.
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T. Rowe Price, a $1.8 trillion asset manager, has made its first crypto play, filing to list a US-listed Active Crypto ETF in a twist that surprised some analysts.
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Ripple Labs is already a significant XRP holder, with its market report from earlier this year revealing it had 4.5 billion tokens in its stash, with another 37 billion locked in escrow.
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The potential merger could make Securitize one of the first major tokenization companies to go public, signaling increasing Wall Street demand for onchain finance.
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