Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-05-05/stock-market-today-dow-s-p-live-updates?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Fall as Tariff Angst Spurs Gains in Bonds: Markets Wrap
Wall Street’s risk-off mode prevailed in the run-up to the Federal Reserve decision, with stocks falling and bonds rising as President Donald Trump’s tariff remarks failed to ease worries that his trade war will cause economic damage.
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Figment is looking for acquisition targets, potentially extending a flurry of dealmaking in the digital-assets space triggered by President Donald Trump’s pro-crypto agenda https://www.bloomberg.com/news/articles/2025-05-06/staking-firm-figment-hunts-acquisitions-amid-crypto-deal-spree?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Staking Firm Figment Hunts Acquisitions Amid Crypto Deal Spree
Figment is looking for acquisition targets, potentially extending a flurry of dealmaking in the digital-assets space triggered by President Donald Trump’s pro-crypto agenda.
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The Swiss franc’s appreciation has been very noticeable and policymakers remain ready to intervene in foreign-exchange markets if needed for price stability, according to central bank President Martin Schlegel https://www.bloomberg.com/news/articles/2025-05-06/swiss-franc-has-really-strengthened-a-lot-snb-s-schlegel-says?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Swiss Franc Really Strengthened a Lot, SNB’s Schlegel Says
The Swiss franc’s appreciation has been very noticeable and policymakers remain ready to intervene in foreign-exchange markets if needed for price stability, according to central bank President Martin Schlegel.
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The dollar's sudden weakness has set off a chain reaction across Asian currency markets, triggering sharp moves and causing policymakers to react https://www.bloomberg.com/news/newsletters/2025-05-06/asia-feels-the-knock-on-effects-of-the-dollar-s-tumble?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Asia Feels the Knock-On Effects of the Dollar’s Tumble
Beijing pushes back against letting the yuan strengthen, helping restore calm to Asian currency markets.
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Michelle Bowman’s nomination to become the Federal Reserve’s top bank cop was advanced by the Senate Banking Committee Tuesday, moving her one step closer to a confirmation vote https://www.bloomberg.com/news/articles/2025-05-06/senate-panel-advances-bowman-nomination-to-be-fed-s-top-bank-cop?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Senate Panel Advances Bowman Nomination to Be Fed’s Top Bank Cop
Michelle Bowman’s nomination to become the Federal Reserve’s top bank cop was advanced by the Senate Banking Committee Tuesday, moving her one step closer to a confirmation vote.
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NewLimit, the longevity startup founded by the Coinbase CEO Brian Armstrong that’s aiming to extend human life through reprogramming human genes, raised a new round of funding that values the company at $810 million https://www.bloomberg.com/news/articles/2025-05-06/brian-armstrong-s-human-life-extension-venture-raises-fresh-cash?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Brian Armstrong’s Human Life Extension Venture Raises Fresh Cash
Brian Armstrong’s NewLimit, the longevity startup founded by the Coinbase Inc. executive that’s aiming to extend human life through reprogramming human genes, raised a new round of funding that values the company at $810 million.
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Eric Trump was joined by some heavyweights of the crypto world as he pitched World Liberty Financial in Dubai, @Suvajourno writes in the @Crypto newsletter https://www.bloomberg.com/news/newsletters/2025-05-06/eric-trump-touts-crypto-stablecoin-in-dubai-s-power-lounges?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Eric Trump Touts Crypto Stablecoin in Dubai’s Power Lounges
Suvashree Ghosh reports on Eric Trump rubbing elbows with some big shots of the crypto world at last week’s conference in Dubai.
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