Turkish authorities arrest dozens of suspects, including BankPozitif chairman Erkan Kork, after seizing the boutique bank in a sweeping crackdown on illegal online betting https://www.bloomberg.com/news/articles/2025-03-18/turkish-banker-accused-of-turning-payment-firm-into-gambling-hub-arrested?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Turkish Banker Accused of Turning Payment Firm into Gambling Hub Arrested
Turkish authorities arrested dozens of suspects, including BankPozitif chairman Erkan Kork, after seizing the boutique bank in a sweeping crackdown on illegal online betting.
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Michael Jordaan, the former chief of one of South Africa’s biggest consumer lenders, is considering partnerships to grow Bank Zero https://www.bloomberg.com/news/articles/2025-03-18/winemaker-jordaan-mulls-linkup-to-grow-south-africa-s-bank-zero?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Winemaking Banker Jordaan Mulls Linkup to Grow Bank Zero
Michael Jordaan, the former chief of one of South Africa’s biggest consumer lenders, is considering partnerships to grow Bank Zero as the app-driven firm seeks to challenge the country’s biggest finance institutions.
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Here's what you need to know to start your day https://www.bloomberg.com/news/newsletters/2025-03-18/president-trump-talks-of-dividing-ukraine-assets-before-putin-call?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Trump Talks of Dividing Ukraine Assets Before Putin Call
Good morning. There’s a crunch call scheduled today between the White House and the Kremlin. Terra firma beckons for NASA astronauts. And colorful changes are coming for your steak au poivre. Listen to the day’s top stories.
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Strategy plans to sell $500 million of dollar-denominated perpetual preferred stock. https://www.bloomberg.com/news/articles/2025-03-18/strategy-plans-500-million-preferred-stock-deal-to-buy-bitcoin?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Strategy Plans $500 Million Preferred Stock Deal to Buy Bitcoin
Strategy plans to sell $500 million of dollar-denominated perpetual preferred stock.
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A pioneer of the $100 billion options-powered ETF industry has filed for over 70 new funds on bets that leveraged investing will get another boost https://www.bloomberg.com/news/articles/2025-03-18/wall-street-s-options-etf-craze-heightens-with-record-71-filings?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Wall Street’s Options-ETF Craze Heightens With Record 71 Filings
A pioneer of the $100 billion derivatives-powered ETF market has filed for more than 70 new funds in one go, in a bet that amped-up investment products will boom anew despite fears of industry overcrowding and investor exhaustion.
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What Will Your Job Be on the Martian Colony? https://www.bloomberg.com/news/newsletters/2025-03-18/what-will-your-job-be-on-the-martian-colony?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
What Will Your Job Be on the Martian Colony?
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes…
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In today's Bloomberg Deals, we look at the promising M&A outlook for Europe, while Google clinches a long-sought megadeal. https://www.bloomberg.com/news/newsletters/2025-03-18/goldman-mckinsey-strike-optimistic-tone-on-europe-m-a?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Goldman, McKinsey Strike Optimistic Tone on Europe M&A
Hello, it’s Dinesh Nair again. Today, I’m bringing you highlights of my conversation with top Goldman bankers and McKinsey executives on why we can be optimistic about European M&A. Elsewhere, Google finally agreed to buy cybersecurity firm Wiz, while Swiss…
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President Donald Trump’s nominee to lead the agency that regulates Wall Street has yet to be confirmed, but the sweeping changes to the watchdog from his temporary stand-in are starting to pile up. https://www.bloomberg.com/news/articles/2025-03-18/acting-sec-head-remakes-agency-even-before-trump-pick-confirmed?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Acting SEC Head Remakes Agency Even Before Trump Pick Confirmed
President Donald Trump’s nominee to lead the agency that regulates Wall Street has yet to be confirmed, but the sweeping changes to the watchdog from his temporary stand-in are starting to pile up.
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Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood https://www.bloomberg.com/news/articles/2025-03-18/cathie-wood-says-most-memecoins-will-end-up-worthless?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Cathie Wood Says Most Memecoins Will End Up ‘Worthless’
Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood.
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Stablecoin Act Raises Big Questions About the Future of Banking https://www.bloomberg.com/news/newsletters/2025-03-18/stablecoin-act-raises-big-questions-about-the-future-of-banking?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stablecoin Act Raises Big Questions About the Future of Banking
Emily Mason takes a look at what the stablecoin bill in Congress means for the future of banking.
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Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-03-18/stock-market-today-dow-s-p-live-updates?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Bounce Back Just Hours Before Fed Decision: Markets Wrap
Stocks climbed and bond yields fell as Jerome Powell calmed tariff-obsessed investors, signaling the Federal Reserve saw no need for drastic action in the face of Donald Trump’s trade war.
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Cathie Wood’s Ark Investment is cutting its stake in Meta for the first time in around a year, the latest sign of a downturn in fortunes for big US tech stocks https://www.bloomberg.com/news/articles/2025-03-19/cathie-wood-sells-meta-shares-for-first-time-in-nearly-a-year?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Cathie Wood Sells Meta Shares for First Time in Nearly a Year
Cathie Wood’s Ark Investment Management LLC is cutting its stake in Meta Platforms Inc. for the first time in around a year, the latest sign of a downturn in fortunes for big US tech stocks.
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Cyan Banister, Arielle Zuckerberg and Lee Jacobs have raised a $181.81 million fund to back "magical weirdos." https://www.bloomberg.com/news/features/2025-03-19/cyan-banister-arielle-zuckerberg-raise-181-million-to-back-magical-weirdos?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Cyan Banister, Arielle Zuckerberg Firm Raises $181.8 Million to Back ‘Magical Weirdos’
Long Journey Ventures has nurtured an appetite for off-beat startups.
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Rapid expansion made TD Bank a household name but left it vulnerable to criminals —and $3.1 billion in fines https://www.bloomberg.com/news/features/2025-03-18/the-criminal-money-laundering-scams-that-cost-td-bank-billions?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
How TD Became America’s Most Convenient Bank for Money Launderers
Rapid expansion made TD Bank a household name but left it vulnerable to crooks—and $3.1 billion in fines.
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Ripple said the US SEC case against the crypto company has ended, the latest of several enforcement actions that have been abandoned during the early weeks of Trump’s administration https://www.bloomberg.com/news/articles/2025-03-19/ripple-s-garlinghouse-says-sec-dropped-landmark-crypto-case?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Ripple’s Garlinghouse Says SEC Dropped Landmark Crypto Case
Ripple Chief Executive Officer Brad Garlinghouse said the US Securities and Exchange Commission case against the crypto company has ended, the latest of several enforcement actions that have been abandoned during the early weeks of President Donald Trump’s…
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Strategy is pulling just about every lever it can to pool cash to build on its Bitcoin stockpile, planning to sell another stock-like product with a twist: It can’t be converted into shares and is intended to trade forever https://www.bloomberg.com/news/articles/2025-03-19/strategy-s-bitcoin-gambit-takes-new-form-with-perpetual-stock?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Strategy’s Bitcoin Gambit Takes New Form With ‘Perpetual’ Stock
Michael Saylor’s Strategy is pulling just about every lever it can to pool cash to build on its mammoth Bitcoin stockpile, planning to sell another stock-like product with a twist: It can’t be converted into shares and is intended to trade forever.
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An upstart ETF firm is debuting the first-ever funds tracking futures in Solana, the sixth-largest cryptocurrency, after the blockbuster success of Bitcoin products https://www.bloomberg.com/news/articles/2025-03-19/solana-etfs-are-coming-to-wall-street-in-latest-crypto-push?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Solana ETFs Are Coming to Wall Street in Latest Crypto Push
An upstart ETF firm is debuting the first-ever funds tracking futures in Solana, the sixth-largest cryptocurrency, after the blockbuster success of Bitcoin products.
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The crypto industry is on a roll in Washington, with stablecoin legislation poised to pass the Senate and a key ally rising in the Democratic leadership ranks https://www.bloomberg.com/news/articles/2025-03-19/crypto-s-washington-clout-soars-on-fundraising-gillibrand-rise?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crypto’s Clout in Washington Is Soaring
The crypto industry is on a roll in Washington and it’s not just because of President Donald Trump.
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Trump’s tariffs are worsening a "China Shock" around the world, destroying jobs from Mexico to Indonesia https://www.bloomberg.com/news/features/2025-03-19/trump-s-tariffs-send-fresh-wave-of-chinese-goods-to-global-markets?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
A New ‘China Shock’ Is Destroying Jobs Around the World
From Indonesia to Mexico, job losses could mount as Trump’s tariffs divert even more Chinese exports from the US.
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Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-03-19/stock-market-today-dow-s-p-live-updates?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Churn After Rally in Run-Up to Options Test: Markets Wrap
A fresh bout of instability gripped the stock market as concern around the potential impacts of a trade war outweighed the latest housing and jobs data showing the world’s largest economy is still holding up.
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