
CFTC cautions prediction markets over using American-style ‘moneyline’ betting odds: Bloomberg
Some prediction market platforms received a warning from the CFTC to refrain using American-style gambling odds, according to Bloomberg.

Some prediction market platforms received a warning from the CFTC to refrain using American-style gambling odds, according to Bloomberg.

The latest bipartisan ethics proposal would reportedly require Trump to divest crypto businesses while allowing him to defer capital gains taxes on those sales.

President Trump is reviewing ethics language in a bid to pass cryptocurrency legislation — which could result in a personal tax benefit.

Binance-affiliated entities filed a Hong Kong petition against RedotPay's founders, alleging the payment startup used its partnership with Binance to divert more than 470,000 Binance Card customers into its own competing stablecoin card. As Bloomberg News reported, Binance claims $472.8 million in losses, built on an estimated $925 lifetime value per customer, and says RedotPay […]

A week-long streak of inflows into US spot Bitcoin ETFs has coincided with the Coldcard wallet exploit, fueling debate over whether some investors are shifting away from self-custody.
SpaceX stock recovers 4% as Eric Trump defends Elon Musk against Bloomberg while 911 million shares unlock.

Binance has sued RedotPay and its co-founders for nearly $473 million, alleging the company diverted more than 470,000 Binance Card users in breach of a commercial agreement. Bloomberg, citing a Hong Kong court filing it obtained, reported on Wednesday that…
Beijing sees Anthropic’s Mythos model as a possible offensive cyber weapon. Officials are drawing up potential responses in case Washington targets Chinese artificial intelligence (AI) firms. People familiar with the deliberations described the plans to Bloomberg. A second grievance sits beside it. Officials want to know why Anthropic refuses them access for ordinary commercial use.

FalconX has reportedly cut about 10% of its global workforce as the digital asset prime broker prepares for an extended cryptocurrency market downturn. FalconX layoffs affect about 10% of staff FalconX implemented the workforce reduction across its global operations, Bloomberg…

According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies continue to trim costs.

Bloomberg analyst Eric Balchunas says the $88.6M Coldcard drain strengthens Bitcoin ETFs, although institutional custody still carries risk.
Bloomberg’s Eric Balchunas shares his take on a $89 million drain from Coldcard hardware wallets and how it provides the ultimate bull case for regulated spot Bitcoin ETFs.

Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the position about 22% underwater and sitting on $16.33 billion in unrealized losses. On Aug. 14, large investment managers must disclose their June 30 Bitcoin ETF positions, and those filings offer the clearest look yet at whether […]

The deferral delays potential global capital inflows and highlights operational inefficiencies, impacting India's financial market reforms.

A weaker dollar could signal potential crypto market rallies, as traders anticipate shifts in currency strength impacting Bitcoin trends.

IRS correspondence regarding crypto has become more familiar than in years past as the agency requires taxpayers to disclose activity.
The Reserve Bank of India (RBI) sold about $7 billion last Friday to defend the rupee, Bloomberg reported, citing people familiar with the matter. The rupee traded at 95.6 per dollar on Thursday, about 1.4% from its record low. The currency has fallen 5.87% against the dollar in 2026. Inside the Largest RBI Rupee Intervention

Manipulation in prediction markets could undermine trust, prompting regulatory scrutiny and potential reforms to safeguard market integrity.

Market sentiment shift suggests potential pause in Fed rate hikes, impacting economic forecasts and financial market strategies.

Bloomberg's acquisition of Canoe Intelligence could revolutionize private market data handling, enhancing efficiency and attracting institutional investors.