Tag: Bloomberg

Technical Analysis: Institutional Insights, Charts Say ‘Buy’, Here Is The Crypto Forecast

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Chief Market Strategist Gareth Soloway uses technical analysis to deep dive into Bitcoin, Ethereum, Solana, XRP and other altcoins. Here discusses his latest forecast, what crypto coins he has been buying, his upside targets as well as his ultimate forecast for this cycle. Gareth has nearly 27 years of trading experience in bull and bear markets. He is one of the best at technical analysis and has been interviewed by Bloomberg, Yahoo Finance and others. He has trained hedge fund traders and…

Polymarket Building Internal Market-Making Team, Bloomberg Reports

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Polymarket is recruiting staff for an internal market-making team that may trade against users on its platform. The company has recently approached traders — including sports bettors — about joining the group, Bloomberg reported on Thursday, citing people familiar with the discussions. The initiative comes as Polymarket expands its US presence after resolving regulatory issues stemming from a 2022 case, when it paid a $1.4 million penalty to the Commodity Futures Trading Commission.  Event contracts on Polymarket. Source: Polymarket Kalshi, a Polymarket competitor, already operates an internal unit known as…

Trump Family Takes $1B Hit in Crypto Crash, Loses Spot in Bloomberg 500 Billionaire Index

Key Notes Trump Media lost over $800M on its $2B Bitcoin investment purchased at an average price of $115,000. The family’s WLFI token dropped from $0.26 to $0.15, cutting their initial $6B stake by more than half. Despite falling from Bloomberg’s top 500 billionaires list, the Trump family maintains a bullish stance on cryptocurrency. US President Donald Trump‘s family fortune has declined by approximately one billion dollars in the past two months as the cryptocurrency market has experienced a rapid downturn. Sweeping destabilization throughout the financial markets has been brewing…

Miners in Congo escape from collapsed gold mine

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Video of nine Congolese miners unexpectedly popping out of a collapsed gold mine and tumbling down a steep slope has gone viral in the Democratic Republic of Congo, as onlookers cheer them on. #Congo #goldmine #DRC #News #Reuters #newsfeed Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ▶ Coinbase…

Gemini Preps to Integrate Prediction Markets: Bloomberg

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Crypto exchange Gemini Space Station Inc. is reportedly preparing to enter the prediction markets arena, following similar moves by the likes of Coinbase and MetaMask in recent months. Gemini is looking to enter the prediction markets space “as soon as possible,” Bloomberg reported on Tuesday, citing people familiar with the matter, noting that it filed with the Commodity Futures Trading Commission to operate a derivatives exchange. Gemini executives had reportedly discussed using the exchange license to allow the trading of event contracts, which allow traders to bet on the outcome…

HashKey Crypto Exchange Considers Hong Kong IPO This Year: Bloomberg

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HashKey Group, the owner of Hong Kong’s top licensed crypto exchange, has reportedly filed for an initial public offering (IPO) in the city. According to a Friday Bloomberg report citing anonymous sources with knowledge of the matter, HashKey Group could be aiming for a listing in Hong Kong this year. The IPO could raise up to $500 million, according to the sources cited in the report. HashKey is Hong Kong’s top crypto exchange with a 24-hour volume of nearly $117 million at the time of writing, according to CoinGecko data.…

Theta Capital Seeks to Raise $200M Through New Blockchain Investment Fund: Bloomberg

Key Notes Theta Capital’s new fund-of-funds will distribute $200M across 15 specialized digital asset venture capital firms. The Amsterdam firm manages $1.2B in assets and has previously raised $860M across five investment rounds. Blockchain investments are surging in 2025 as traditional finance firms increasingly enter the digital asset space. Theta Capital Management seeks to raise $200 million through a new fundraising vehicle, Theta Blockchain Ventures V. According to a report from Bloomberg Law, the new fund is intended to be a “fund of funds.” Theta Capital plans to invest in…

Dogecoin Leads Crypto Gainers as Bloomberg Analyst Confirm Rex-Osprey DOGE ETF Launch Date

Key Notes Dogecoin surged 5% to $0.25 as the SEC nears approval of Rex Osprey’s DOJE ETF, set to debut Friday. Derivatives markets showed heightened activity, with open interest climbing 6.9% to $4.5B and trading volumes up 22.7%. Technicals highlight a bullish double-bottom pattern with targets at $0.30–$0.32 and $0.39, though $0.24 support remains key. Dogecoin BTC $115 121 24h volatility: 1.1% Market cap: $2.29 T Vol. 24h: $43.16 B price rose 5% on Thursday, cleanly breaching the $0.25 level for the first time in nearly a month. The main…

Bitcoin bull Michael Saylor makes Bloomberg Billionaire List

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Michael Saylor, strategy co-founder and executive chairman, has made his first appearance on the Bloomberg Billionaires Index. Summary Michael Saylor debuts on Bloomberg Billionaires Index at $7.37B net worth. His fortune grew by $1b in 2025 as Bitcoin surged near $111K levels. $6.72b of Saylor’s wealth is tied to MicroStrategy stock, per Bloomberg. Saylor joins crypto billionaire club Saylor’s net worth has risen by $1 billion since the start of the year to $7.37 billion, ranking 491st globally. The wealth surge coincides with Strategy’s continued Bitcoin (BTC) accumulation strategy and…

Altcoin Season Officially Begins: Bloomberg Analyst

Key Notes Corporate treasuries like Bitmine and BNB Network are fueling fresh momentum in altcoins. Pending ETF approvals could accelerate capital inflows into diversified altcoin products. Bitcoin dominance has dropped from 62% to 55%, signaling a rotation into altcoins. Bloomberg ETF analyst James Seyffart has suggested that the long-awaited altcoin season is finally underway, driven less by retail speculation and more by corporate treasuries and institutional capital. In a recent discussion with Milk Road, Seyffart noted that Digital Asset Treasury Companies (DATCOs) have been at the center of this rotation,…