News with the tag "Bloomberg"

Binance is alleged to have assisted in launching the USD1 stablecoin, which is linked to the Trump family's World Liberty Financial (WLF), raising concerns about political influence and conflicts of interest in the crypto industry.

CZ, the founder of Binance, accuses Bloomberg of publishing a 'hit piece' with factual errors and possible competitor sponsorship, highlighting ongoing tensions between crypto leaders and mainstream media.

Institutional investors like BlackRock and Metaplanet are accumulating Bitcoin in record numbers, but the price remains below its all-time high due to selling pressure from early whales and other market factors.

Bloomberg analysts have increased the approval odds for spot ETFs tracking Solana, Litecoin, and XRP to 95% or higher for 2025, indicating a significant shift in regulatory progress and market implications.