News list for "bloomberg"
Bloomberg Industry Research released a report exploring the potential of the Hong Kong stablecoin market and its impact on the foreign exchange market. Analysts said that since any stablecoin pegged to the Hong Kong dollar is backed by Hong Kong dollar cash or cash equivalents, the stablecoin will still be affected by the pegged exchange rate between the Hong Kong dollar and the US dollar. Even if the value of the stablecoin remains stable during any potential adjustment of the Linked Exchange, ...
How will Iran retaliate? Bloomberg Economics lists three possible scenarios. In the most extreme scenario, crude oil prices could skyrocket to $130, and the U.S. CPI would approach 4%... Click to view...
According to market news, Bloomberg analysts have increased the approval chances of spot XRP, Dogecoin, and Cardano ETFs to 90%.
The Bloomberg Dollar Index fell for a fourth straight day, its longest losing streak since September 2024, after the Trump administration said tariffs on goods and services covered by the US-Mexico-Canada Agreement on Canada and Mexico were suspended until April 2. The euro narrowed its gains after the European Central Bank cut interest rates as scheduled, but hinted that the cuts may be nearing an end. The Bloomberg Dollar Index fell 0.2%, after falling as much as 0.4% in intraday trading; the ...
On February 22nd, according to Bloomberg, OpenSea said that the Securities Exchange Commission has concluded its investigation into the NFT market. Recently, the SEC has postponed the litigation related to a number of crypto companies, and said that the newly established cryptocurrency working group may resolve a series of lawsuits to save judicial resources. Yesterday, the SEC has agreed to drop the lawsuit against Coinbase.
"Canary just filed a revised S-1 for their HBAR ETF, which is usually only revised after the SEC has commented," Eric Balchunas, an ETF analyst at Bloomberg, wrote. "This is similar to Litecoin, which has also been revised. There is no 19b-4 yet. He is needed to move this along."
According to Bloomberg, Jeff Weniger, head of securities strategy at WisdomTree Investments, said that some circles believe that China can take the lead in the field of AI. China's "top 10 tech stocks" (Ternific 10) form a competitive position against the "tech giants" (Magnificent 7), such as BYD and Geely challenging Tesla, Alibaba and JD.com challenging Amazon. Weniger proposed Terrific 10 words in a post on X earlier this month, which included Alibaba, Tencent, Meituan, Xiaomi, BYD, JD.com, ...
Bloomberg ETF analyst Eric Balchunas commented on "Canary Litecoin ETF is listed on the DTCC official website", although this does not mean that it has been approved or ready to start trading, it does indicate that the issuer is preparing for when to start trading. We still think that the probability of Litecoin ETF approval is 90%. ForesightNews previously reported that Canary Litecoin ETF has been listed on the DTCC official website, the code is LTCC, and the creation/redemption column is disp...
According to Bloomberg ETF analyst Eric Balchunas, while the listing of the LTCETF in the DTCC does not mean that the product has been approved or is about to start trading, it shows that the issuer is preparing for future transactions after approval, and the current probability of approval remains at 90%.
According to Bloomberg, Nansen data shows that 86% of crypto traders lost money after investing in LIBRA on the platform of Argentine President Javier Milei, accumulating losses of $251 million, while insiders made profits of $180 million. Nansen researcher Nicolai Sondergaard noted that the agency analyzed more than 15,000 crypto wallets and found "very clear on-chain evidence of a group of'insiders' unilaterally profiting from retail investors."
