News

Barbados-regulated Tabit Insurance raised a $40 million insurance facility funded entirely by bitcoin (BTC).

Stablecoins are getting some extra attention after President Donald Trump told a crypto conference Thursday that he’s called on congress to pass “simple, common-sense rules for stablecoins.” Plus, what’s next for Bitcoin in 2025? Betting markets seem to think that the leading cryptocurrency is unlikely to go much higher this year than its January peak of roughly $109,000.

(Bloomberg) -- Chile’s central bank raised its 2025 economic growth and year-end inflation forecasts days after policymakers signaled they’re in no rush to resume interest-rate reductions.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsWhy Did the Government Declare War on My Adorable Tiny Truck?New York Subway Ditches MetroCard After

(Bloomberg) -- Mexico’s inflation slowed more than expected in the first half of March, as the central bank is set to meet this week to consider a sixth straight rate cut and likely a second straight half-point reduction. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsWhy Did the Government Declare War on My Adorable Tiny Truck?New Y

Shares of DNA testing giant 23andMe are set to open around $1 Monday morning after the company filed for Chapter 11 bankruptcy, and announced the resignation of its CEO on Sunday.

The company used proceeds from the sale of common stock for this latest purchase.

History suggests the gap, located in the $84,000–$85,000 range, is likely to be filled.

Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s - which contributed to the downfall of the Soviet Union. The warning came weeks before Russian and U.S. Presidents Vladimir Putin and Donald Trump began talks to end the war in Ukraine. Trump has warned he could impose further sanctions on Russia if there was no peace deal.

The company will use the money to hire more employees and develop new technology.

(Bloomberg) -- For years now, way before artificial intelligence became the hot new thing on Wall Street, Daniel Mahr has been making money on stocks, courtesy of his machine-learning model. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLibraries Warn They Could Be ‘Cut