South African President Cyril Ramaphosa is holding the line in his spat with Donald Trump, while renewing friendships with other key partners https://www.bloomberg.com/news/newsletters/2025-02-21/g-20-summit-ramaphosa-holds-the-line-in-trump-spat?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Ramaphosa Holds the Line in Trump G-20 Spat
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Coinbase said the SEC has agreed to drop its lawsuit that accused the largest US cryptocurrency trading platform of running an illegal exchange https://www.bloomberg.com/news/articles/2025-02-21/coinbase-says-the-sec-is-close-to-dismissing-enforcement-case?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Coinbase Says SEC Is Close to Dismissing Enforcement Case
Coinbase Global Inc. said the Securities and Exchange Commission has agreed to drop its lawsuit that accused the largest US cryptocurrency trading platform of running an illegal exchange. The agreement is pending commissioner approval.
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Robinhood shares are heading for their worst week since August as they pull back from the crypto-fueled surge that followed the election of President Donald Trump https://www.bloomberg.com/news/articles/2025-02-21/robinhood-hood-shares-pull-back-as-analysts-say-gains-priced-in?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Robinhood Shares Post Worst Week Since 2021 as Rally Ends
Robinhood Markets Inc. shares saw their worst week since December 2021, a sharp pullback from a crypto-fueled surge that followed the election of President Donald Trump.
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Crypto exchange Bybit said one of its wallets was hacked, resulting in what analysts say is the theft of an estimated $1.5 billion worth of cryptocurrency https://www.bloomberg.com/news/articles/2025-02-21/bybit-says-exchange-wallet-hacked-1-5-billion-estimated-loss?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean hackers were likely responsible.
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Bitcoin and Ether prices dipped, while smaller tokens saw worse losses, as traders reacted to an almost $1.5 billion hack of the Bybit exchange that analysts say was the largest crypto theft ever https://www.bloomberg.com/news/articles/2025-02-21/crypto-prices-dip-after-1-5-billion-theft-from-bybit-exchange?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crypto Prices Dip After $1.5 Billion Theft From Bybit Exchange
Bitcoin and Ether prices dipped, while smaller tokens saw worse losses, as traders reacted to an almost $1.5 billion hack of the Bybit exchange that analysts say was the largest crypto theft ever.
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US consumers are increasingly concerned that tariff threats against friend and foe alike will translate into higher prices: Here’s your Evening Briefing https://www.bloomberg.com/news/newsletters/2025-02-21/us-consumer-inflation-expectations-spike-to-a-30-year-high-evening-briefing?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
US Consumer Inflation Expectations Spike to 30-Year High
Get caught up.
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The crypto industry started Friday in a jubilant mood. The hack of Bybit, a Dubai-based exchange, led to a sharp decline in crypto prices https://www.bloomberg.com/news/articles/2025-02-22/bybit-hack-crypto-s-biggest-ever-spoils-coinbase-s-sec-victory-party?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bybit Hack, Crypto’s Biggest Ever, Spoils Coinbase’s SEC Victory Party
The crypto industry started its Friday in a jubilant mood, with Coinbase Global Inc.’s announcement that US securities regulators were poised to dismiss a legal case against the nation’s largest digital-asset exchange.
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The Consumer Financial Protection Bureau and peer-to-peer lending platform SoLo Funds agreed to put an end to the agency’s lawsuit against the company amid a broader halt to enforcement actions, according to court filings https://www.bloomberg.com/news/articles/2025-02-22/cfpb-agrees-to-drop-case-against-solo-funds-as-agency-cuts-back?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
CFPB Agrees to Drop Case Against SoLo Funds as Agency Cuts Back
The Consumer Financial Protection Bureau and peer-to-peer lending platform SoLo Funds agreed to put an end to the agency’s lawsuit against the company amid a broader halt to enforcement actions, according to court filings.
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Argentine President Javier Milei took his pitch for a free trade accord with the US to a conservative conference near Washington, saying he wants to be first in line to reach a deal. https://www.bloomberg.com/news/articles/2025-02-22/milei-pitches-us-argentina-trade-deal-to-trump-friendly-audience?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Milei Pitches US-Argentina Trade Deal to Trump-Friendly Audience
Argentine President Javier Milei took his pitch for a free trade accord with the US to a conservative conference near Washington, saying he wants to be first in line to reach a deal.
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As the US earnings season winds down, one takeaway of note is that companies need to work harder than in prior quarters to get rewarded by investors. Read more in the latest CFO Briefing newsletter https://www.bloomberg.com/news/newsletters/2025-02-23/earnings-season-is-only-going-to-get-tougher-for-cfos-cah-elf?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Earnings Season Is Only Going to Get Tougher for CFOs
Facing uncertainty, companies look to trim costs and become more efficient. Plus, the finance chief of Airbus talks about tariffs, defense spending and supply chains.
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Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-02-23/stock-market-today-dow-s-p-live-updates?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Rise as Dip Buyers Step In After Selloff: Markets Wrap
A slide in most megacaps hit stocks in the final stretch of US trading, with Wall Street gearing up for a pulse check from Nvidia Corp. on the artificial-intelligence technology that has powered the bull market.
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Cybercrime is a national security issue that should be taken as seriously as drug trafficking or terrorist financing, @PaulJDavies writes https://www.bloomberg.com/opinion/articles/2025-02-24/cybercrime-that-online-investment-scam-is-a-geopolitical-problem?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
That Online Investment Scam Is a Geopolitical Problem
Cybercrime is a national security issue that should be taken as seriously as drug trafficking or terrorist financing.
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Ethena, a crypto project whose dollar-pegged coin has ballooned to become one of the biggest of its kind since its launch a year ago, has raised $100 million to help fund the introduction of a similar token aimed at traditional financial institutions https://www.bloomberg.com/news/articles/2025-02-24/ethena-ena-crypto-project-raises-100-million-to-fund-finance-foray?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Ethena Crypto Project Raises $100 Million to Fund Finance Foray
Ethena, a crypto project whose dollar-pegged coin has ballooned to become one of the biggest of its kind since its launch a year ago, has raised $100 million to help fund the introduction of a similar token aimed at traditional financial institutions.
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Robinhood said the US Securities and Exchange Commission closed an investigation into the firm’s crypto operations and isn’t pursuing any enforcement action https://www.bloomberg.com/news/articles/2025-02-24/robinhood-says-sec-closes-crypto-probe-without-any-enforcement?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Robinhood Says SEC Closes Crypto Probe Without Enforcement
Robinhood Markets Inc. said the US Securities and Exchange Commission closed an investigation into the firm’s cryptocurrency operations and isn’t pursuing any enforcement action.
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Strategy, the self-styled Bitcoin treasury company that until recently was known as MicroStrategy, said it acquired $1.99 billion more of the cryptocurrency with the proceeds from last week’s convertible bond sale. https://www.bloomberg.com/news/articles/2025-02-24/strategy-buys-more-bitcoin-with-proceeds-from-convertible-bonds?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Saylor’s Strategy Buys More Bitcoin With Proceeds From Bond Offering
Strategy, the self-styled Bitcoin treasury company that until recently was known as MicroStrategy, said it acquired $1.99 billion more of the cryptocurrency with the proceeds from last week’s convertible bond sale.
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Ken Griffin’s market-making giant Citadel Securities is looking to become a liquidity provider for cryptocurrencies, betting President Donald Trump’s embrace of the industry will usher in a boom for the asset class. https://www.bloomberg.com/news/articles/2025-02-24/crypto-citadel-securities-plans-to-trade-digital-coins-on-exchanges?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Citadel Securities Plots Jump Into Crypto Trading After Trump’s Embrace
Ken Griffin’s market-making giant Citadel Securities is looking to become a liquidity provider for cryptocurrencies, betting President Donald Trump’s embrace of the industry will usher in a boom for the asset class.
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Michael Saylor's Strategy sweetened the terms of a $2 billion convertible debt deal last week, signaling the market for crypto-related paper is nearing saturation. https://www.bloomberg.com/news/articles/2025-02-24/strategy-s-latest-convertible-bond-spurs-talk-of-crypto-fatigue?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Strategy’s Latest Convertible Bond Spurs Talk of Crypto Fatigue
When Michael Saylor’s Strategy raised $2 billion in a convertible debt deal last week, it seemed like another triumph for firms rapidly selling equity-linked notes to fund cryptocurrency purchases. Behind the headline number, Strategy’s move to sweeten the…
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Ether and many of the higher profile altcoins such as Solana and Dogecoin remain under pressure while investors turn elsewhere with the sector still reeling after its biggest-ever hack last week https://www.bloomberg.com/news/articles/2025-02-24/crypto-s-poor-sentiment-continues-to-weigh-on-altcoins-ether?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crypto’s ‘Poor Sentiment’ Continues to Weigh on Altcoins, Ether
Ether and many of the higher profile altcoins such as Solana and Dogecoin remain under pressure while investors turn elsewhere with the sector still reeling after its biggest-ever hack last week.
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Fintech startup Brex wants to make sure it’s ready to present investors with a predictable business before it decides on pursuing an IPO, CEO Pedro Franceschi says https://www.bloomberg.com/news/articles/2025-02-24/fintech-brex-eyes-500-million-in-2025-revenue-as-it-mulls-ipo?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Fintech Brex Eyes $500 Million in 2025 Revenue as it Mulls IPO
Brex, one of several financial-technology startups that’s considering an initial-public offering, wants to make sure it’s ready to present investors with a predictable business before it decides on pursuing an IPO, according to Chief Executive Officer Pedro…
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