
President Trump’s Bitcoin reserve plan stalls as agencies debate control
Trump’s Bitcoin reserve plan hits legal hurdles as Treasury and Commerce debate control of seized BTC, Bloomberg reported July 6, 2026.

Trump’s Bitcoin reserve plan hits legal hurdles as Treasury and Commerce debate control of seized BTC, Bloomberg reported July 6, 2026.

The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve.

The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs.

President Trump's plans for a strategic bitcoin reserve are hitting a legal and jurisdictional snag, according to reporting from Bloomberg.

Wedbush managing director and senior equity research analyst Dan Ives believes one lagging group of stocks will surprise investors in the next six months. In an interview with Bloomberg Television, Ives says that while many investors have taken their eyes off the Magnificent 7 due to their massive AI spending, he believes that the hyperscalers […]

The CEO of a major European airline has emerged as the leading contender to head up Air Canada…
Bloomberg reported this morning that Etihad and Saudia are circling delivery slots Air India may be about to give up.

Persistent overestimation of Fed rate hikes could lead to market volatility and misaligned investment strategies amid potential rate cuts.
Tech and finance shed 28,000 jobs a month in 2026 as AI adoption accelerates layoffs, Bloomberg and Challenger data show.

The anticipated oil price drop may reshape global energy markets, influencing economic forecasts and altering geopolitical strategies.

CFTC has opened a wide ranging investigation into Polymarket’s business activities, including its social media operations, according to new reports. According to Bloomberg, the Commodity Futures Trading Commission is conducting an extensive investigation into prediction market platform Polymarket that covers…

The Commodity Futures Trading Commission is conducting a broad investigation into Polymarket covering staged trades and fake winning bets, Bloomberg reported Friday, advancing the agency’s scrutiny beyond the platform’s prior influencer scheme.

Lower oil prices may boost UK economic growth, challenging prior pessimistic forecasts and potentially influencing monetary policy and risk assets.
Bloomberg Intelligence senior macro strategist Mike McGlone is convinced that it is "just a matter of time" before Tether (USDT) flips Bitcoin to become the world’s largest cryptocurrency.

U.S. Lawmakers continue to advance digital asset regulations as the Senate moves closer to introducing dedicated cryptocurrency tax legislation. Senator Steve Daines revealed that Republican senators had already developed the framework. During an interview with Bloomberg Tax, Sen. Steve Daines said, “sooner rather than later”. He also said, “We’ve put

Morgan Stanley filed amended registration statements for proposed Ethereum and Solana ETF trusts on June 18, setting a 0.14% annual delegated sponsor fee on both products. Bloomberg senior ETF analyst Eric Balchunas described the proposed fee as the lowest among ETH and SOL products worldwide. The ETH trust, expected to trade on NYSE Arca under […]
Strategy’s bold financial experiment has become a primary source of anxiety for the cryptocurrency market.

SpaceX has explored a bond offering worth as much as $20 billion while its publicly traded shares have fallen more than 9%, trimming Elon Musk’s fortune by roughly $59 billion from recent highs. Bloomberg reported, citing people familiar with the…

Market uncertainty over 30-year Treasury yields reflects broader economic unpredictability, impacting investment strategies and risk assessments.

CME Group has filed a lawsuit against the U.S. Commodity Futures Trading Commission after the regulator approved crypto perpetual futures that have already generated more than $1 billion in trading volume. According to Bloomberg, the derivatives exchange sued the CFTC…