In an interview, Bitget CEO Gracy Chen surveys the geopolitics of the crypto exchange landscape, including contested territories like Nigeria, Russia and India.
Trump family members and allies bask in crypto euphoria at Gulf bitcoin gathering
NEW YORK/ABU DHABI (Reuters) -Key players in U.S. President-elect Donald Trump's new cryptocurrency venture were among high-profile industry figures gathering at a bitcoin conference in Abu Dhabi on Monday, as the digital currency sets record highs. Speakers at the two-day event include Trump's son Eric as well as billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder of World Liberty Financial, a crypto platform launched in September that Donald Trump and his family helped set up. Attendees arriving for the Bitcoin MENA conference were greeted by displays welcoming them to the "golden age of bitcoin", alongside the live price of bitcoin, which last week smashed records when it hit $100,000, buoyed by promises from Trump that he would be the "crypto president".
MicroStrategy Makes Another Large Bitcoin Purchase, Buying 21,550 BTC for $2.1B
This latest buying spree brought the company's total holdings to 423,650 tokens worth nearly $42 billion.
Mexico Inflation Slows Under Forecast With Interest Rate Cut in Play
(Bloomberg) -- Mexico’s headline inflation slowed slightly more than expected in November, boosting the odds of a fourth straight interest rate cut at the central bank’s meeting next week.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsKansas City Looks Back on its
Southern Markets Saw Rent Declines In 15 Out Of 21 Cities. Here's What They Did Right (And Wrong)
Rents are finally easing in parts of the South, offering a bit of a break to renters who have been feeling the squeeze over the past few years. Southern and Sun Belt cities have been a magnet for new development and saw rents drop in 15 out of 21 major markets this past year. While this shift brings some relief, it's important to understand what these cities got right – and where they fell short. Don't Miss: During market downturns, investors are learning that unlike equities, these high-yield r
Super Micro Computer Stock Soars on Nasdaq Listing Extension
Super Micro Computer reported that the Nasdaq said the struggling server maker won't face a potential delisting until Feb. 25.
Crypto Daybook Americas: BTC Hits Mid-Cycle Peak as Retail Interest in Altcoins Soars
Your day-ahead look for Dec. 9, 2024
Firms Ride Bitcoin Wave to Raise Billions From Convertible Debt
(Bloomberg) -- A rally across cryptocurrencies has made winners out of a handful of firms in the sector that followed MicroStrategy Inc.’s playbook of selling convertible bonds, thanks to President-elect Donald Trump choosing a crypto-friendly financier to head the top US financial regulator.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Bi
TLT, Bond Market Still Pricing in December Rate Cut
Fed funds futures point to 85% probability of a 25-basis-point rate cut.
Apollo Global Management Stock Pulls Back After Hitting All-Time High
Apollo Global Management shares hit an all-time high soon after trading began Monday on news it will be added to the S&P 500 Index, but soon reversed course.