The US stocks selloff is made in Japan yet again, says @johnauthers, while Canada's new leader needs a backdoor to the White House https://www.bloomberg.com/opinion/articles/2025-03-11/add-to-moving-parts-list-japan-selloff-carney?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
For Your Moving Parts List — Japan, Selloff, Carney
US stocks take another beating from Japan, while Canada’s new leader needs friends in the White House.
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Deutsche Boerse’s post-trade unit Clearstream said it will offer cryptocurrency settlement and custody services to institutional clients later this year, marking the latest push into the digital asset class by a major European financial institution https://www.bloomberg.com/news/articles/2025-03-11/deutsche-boerse-s-clearstream-to-offer-bitcoin-ether-custody?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Deutsche Boerse’s Clearstream to Offer Crypto Custody
Deutsche Boerse’s post-trade unit Clearstream said it will offer cryptocurrency settlement and custody services to institutional clients later this year, marking the latest push into the digital asset class by a major European financial institution.
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Asian stocks slump, headed for a third day of losses, as investors fled risk assets amid growing concern over US economic growth, with disappointing data from Japan also weighing on sentiment https://www.bloomberg.com/news/articles/2025-03-11/asian-stocks-slump-as-global-selloff-extends-on-growth-worries?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Asian Stocks Slump as Global Selloff Extends on Growth Worries
Asian stocks fell, headed for a third day of losses, as investors sold risk assets amid growing concern over US economic growth, with disappointing data from Japan also weighing on sentiment.
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Bitcoin recovered from a four-month low as falling Treasury yields encouraged some traders to snap up cryptocurrencies hit by the recent selloff in risk assets https://www.bloomberg.com/news/articles/2025-03-11/bitcoin-ether-rebound-after-sharp-selloff-driven-by-macro-fears?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bitcoin, Ether Rebound After Sharp Selloff Driven by Macro Fears
Bitcoin recovered from a four-month low as falling Treasury yields encouraged some traders to snap up cryptocurrencies hit by the recent selloff in risk assets.
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Coinbase has registered with India’s Financial Intelligence Unit, allowing the cryptocurrency exchange to offer trading services in the country https://www.bloomberg.com/news/articles/2025-03-11/coinbase-registers-in-india-to-pave-way-for-crypto-trading-debut?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Coinbase Registers in India to Pave Way for Crypto Trading Debut
Coinbase Global Inc. has registered with India’s Financial Intelligence Unit (FIU), allowing the cryptocurrency exchange to offer trading services in the country.
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US stocks have gone from scaling record highs to flashing recession worries in a matter of weeks. https://www.bloomberg.com/news/newsletters/2025-03-11/stocks-chart-dramatic-u-turn-from-record-high-to-recession-fears-m84d8kwo?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Chart Dramatic U-Turn From Record High to Recession Fears
Market data as of 06:44 am EST. Market data may be delayed depending on provider agreements.
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European crypto regulators are scrutinizing the use of a service offered by OKX, one of the largest digital-asset exchanges, by hackers to launder proceeds from a $1.5 billion heist on trading platform Bybit https://www.bloomberg.com/news/articles/2025-03-11/bybit-crypto-hack-prompts-eu-scrutiny-of-okx-web3-wallet-platform?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bybit Hack Prompts EU Scrutiny of OKX Platform Used by Thieves
European crypto regulators are scrutinizing the use of a service offered by OKX, one of the largest digital-asset exchanges, by hackers to launder proceeds from a $1.5 billion heist on trading platform Bybit, people with knowledge of the matter said.
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Mexico-based fintech Plata joined the ranks of Latin America’s most valuable startups following a $160 million Series A equity round at a $1.5 billion valuation. https://www.bloomberg.com/news/articles/2025-03-11/mexico-fintech-plata-hits-unicorn-status-in-160-million-round-led-by-kora?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Mexico Fintech Plata Hits Unicorn Status in $160 Million Round
Mexico-based fintech Plata joined the ranks of Latin America’s most valuable startups following a $160 million Series A equity round at a $1.5 billion valuation.
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Cryptocurrency investors are locking in returns on digital assets they’re ostensibly barred from selling through complex arrangements with specialist trading firms https://www.bloomberg.com/news/articles/2025-03-11/vc-investors-find-complicated-ways-to-monetize-locked-up-crypto?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
VC Investors Find Complicated Ways to Monetize Locked-Up Crypto
Cryptocurrency investors are locking in returns from digital assets they’re ostensibly barred from selling by entering into complex arrangements with specialist trading firms.
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Cboe BZX Exchange is asking regulators to open the door for staking on a number of Ether-based ETFs, joining another platform in the race for investors to potentially earn passive income on their crypto holdings https://www.bloomberg.com/news/articles/2025-03-11/crypto-etf-issuers-look-to-staking-to-exploit-new-regulatory-era?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crypto’s New Regulatory Era Means Fresh Opportunity for ETFs
Cboe BZX Exchange Inc. is asking regulators to open the door for staking on a number of Ether-based exchange-traded funds, joining another platform in the race for investors to potentially earn passive income on their crypto holdings.
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With an executive order, President Trump created a strategic Bitcoin reserve, effectively entrenching Bitcoin’s legitimacy as a mainstream financial instrument. Here's what to know https://www.bloomberg.com/news/articles/2025-03-11/how-will-trump-s-us-strategic-bitcoin-reserve-work?utm_source=telegram&utm_content=crypto&utm_medium=social
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@OlgaKharif reports on the White House digital-asset summit for the @Crypto newsletter: 'Everybody went around the room and put it on the table.' https://www.bloomberg.com/news/newsletters/2025-03-11/crypto-industry-hopes-for-a-return-visit-to-the-white-house?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crypto Industry Hopes for a Return Visit to the White House
Olga Kharif provides some color on what it was like inside the White House crypto summit.
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Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-03-11/stock-market-today-dow-s-p-live-updates?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Storm Back After US Inflation Surprise: Markets Wrap
Cooler-than-forecast February inflation pushed stocks higher after two days of heavy losses. A kneejerk rally in bonds quickly reversed and yields rose across the curve amid concerns over an escalating trade war.
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A new market reality seems to be settling in: Trump doesn't seem to be watching the stock market as a barometer of his success https://www.bloomberg.com/news/newsletters/2025-03-12/dazed-traders-lose-hope-trump-will-back-down-on-trade?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Dazed Traders Lose Hope Trump Will Back Down on Trade
Market data as of 05:58 am EST. Market data may be delayed depending on provider agreements.
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Binance said Abu Dhabi’s MGX has acquired a minority stake for $2 billion https://www.bloomberg.com/news/articles/2025-03-12/binance-says-abu-dhabi-s-mgx-makes-2-billion-investment?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Binance Says Abu Dhabi’s MGX Makes $2 Billion Investment
Binance said Abu Dhabi’s MGX has acquired a minority stake for $2 billion, the first institutional investment in the world’s largest cryptocurrency exchange.
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Stark Bank, the Brazilian online-only bank backed by Bezos Expeditions, is positioning itself as the go-to banking provider for the country’s crypto startups in a bet that a sector shunned by traditional lenders will bolster growth. https://www.bloomberg.com/news/articles/2025-03-12/bezos-backed-bank-startup-targets-brazilian-crypto-businesses?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bezos-Backed Bank Targets Brazil’s Crypto, Tech Firms
Stark Bank SA, the Brazilian online-only bank backed by Bezos Expeditions, is looking to the country’s crypto startups as one of its focus areas this year, in a bet that a sector shunned by traditional lenders will bolster growth.
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The fintech neobank Mercury Technologies says it's moving customers from Evolve Bank & Trust to one of its other bank partners. https://www.bloomberg.com/news/articles/2025-03-12/fintech-neobank-mercury-severs-its-relationship-with-evolve-bank?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Fintech Neobank Mercury Severs Its Relationship With Evolve Bank
Fintech company Mercury Technologies Inc. said it is cutting ties with longtime banking partner Evolve Bancorp Inc. The decision comes after a slate of operational issues at the bank unfolded in public view.
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In addition to being the world’s most-traded cryptocurrency, Tether’s stablecoin has been dogged by questions for years over its reserves and use by criminals. https://www.bloomberg.com/news/articles/2025-03-12/tether-emerges-from-shadows-during-ardoino-s-us-goodwill-tour?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Most Traded Cryptocurrency Emerges From Shadows During US Goodwill Tour
In addition to being the world’s most-traded cryptocurrency, Tether Holdings SA’s stablecoin has been dogged by questions for years over its reserves and use by criminals.
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How Steve Witkoff went from real-estate developer to Trump’s key negotiator in the Middle East and Moscow https://www.bloomberg.com/news/articles/2025-03-12/who-is-steve-witkoff-trump-s-longtime-real-estate-friend-set-to-talk-with-putin?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Trump's Go-To Broker Takes NYC-Style Dealmaking to World on Edge
Steve Witkoff, a long-time Trump confidant and fellow Manhattan real estate mogul, is taking center stage in some of America’s biggest geopolitical negotiations.
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Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-03-12/stock-market-today-dow-s-p-live-updates?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stock Selloff Deepens as Trade-War Fears Heat Up: Markets Wrap
It was only three weeks ago that exuberance over Donald Trump’s blueprint for the economy had vaulted US stocks to a record high. Today, with concern mounting over the goals and impact of his trade war, the S&P 500 tumbled into its first 10% correction in…
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