• Sep 09, 2024

US bitcoin ETFs bleed $1.2 billion in longest run of net outflows

(Bloomberg) -- US Bitcoin exchange-traded funds have posted their longest run of daily net outflows since listing at the start of the year, part of a wider retreat from riskier assets in a challenging period for global markets.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May St

  • Sep 08, 2024

China to Add Steel, Aluminum and Cement to Carbon Market in 2024

(Bloomberg) -- China will expand its national carbon trading market to include the steel, aluminum, and cement industries at the end of the year, to push the polluting sectors to reduce emissions.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi

  • Sep 08, 2024

Mini-Mart King Hits Billionaire Status in Malaysia’s Hot IPO Market

(Bloomberg) -- Lee Thiam Wah’s first retail venture was selling snacks from a roadside stall in Malaysia. Several decades later, the entrepreneur has transformed that humble beginning into a sprawling retail empire of more than 2,600 convenience stores across the nation.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Studen

  • Sep 08, 2024

New Hedge Fund Gains Backing for Bets on Japan Market Revival

(Bloomberg) -- Hong Kong-based Sengu Capital Ltd. is starting a new hedge fund focused on improving corporate management in Japan, tapping into the country’s financial market revival. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the Trevi FountainThe

  • Sep 08, 2024

Neiro on Ethereum Becomes Top 25 Meme Coin After Binance, Crypto.com, OKX Listings

Neiro on Ethereum (NEIRO) has broken into the top 25 meme coins by market capitalization, according to CoinGecko. This comes after the token was listed on exchanges Binance, Crypto.com, HTX, and OKX over the past three days. Earlier this year Kabosu, the mascot of Dogecoin, sadly passed away. Two months later, Kabosu’s owner adopted a new Shiba-Inu called Neiro. This caused a meme coin war as two Solana meme coins launched in the new pup’s honor and then the Ethereum NEIRO entered the picture, v...

  • Sep 08, 2024

Bitcoin Could Sink to $30,000 If Kamala Harris Wins Election, Says Bernstein

In a stark assessment of the upcoming U.S. presidential election’s potential impact on the crypto market, analysts at Bernstein have forecast that Bitcoin could test the $30,000-$40,000 range if Vice-President Kamala Harris emerges victorious. This prediction stands in sharp contrast to their bullish outlook for a Donald Trump win. According to the report, the cryptocurrency industry has received a warmer reception from the Trump campaign, which has taken an overtly pro-crypto stance. "The tone...