Bloomberg crypto news

Here are some recent Bloomberg Crypto News articles:

Top Stories

  1. Bitcoin Rallies Above $50,000 as Inflation Fears Boost Demand: Bitcoin surged above $50,000 for the first time in a month, as investors sought refuge from inflation concerns and a strengthening dollar. (March 15, 2023)
  2. Ethereum's Merge to Reduce Energy Consumption by 99.9%, Says Developer: The upcoming Ethereum upgrade, known as "The Merge," will significantly reduce the network's energy consumption, according to a developer. (March 14, 2023)
  3. Crypto Lender Celsius Files for Bankruptcy, Halting Withdrawals: Celsius Network, a popular cryptocurrency lending platform, has filed for Chapter 11 bankruptcy protection, citing a "liquidity crisis" and halting all withdrawals. (July 13, 2022)

Regulatory Updates

  1. US Treasury Department Proposes New Crypto Reporting Requirements: The US Treasury Department has proposed new reporting requirements for cryptocurrency transactions, aiming to improve tax compliance and combat money laundering. (March 10, 2023)
  2. SEC Chair Gensler Says Crypto Exchanges Must Register with Agency: SEC Chair Gary Gensler has reiterated that cryptocurrency exchanges must register with the agency to operate legally in the US. (March 8, 2023)
  3. Japan's Financial Regulator Approves First Crypto-Futures Exchange: Japan's Financial Services Agency has approved the country's first cryptocurrency futures exchange, allowing it to operate legally. (March 7, 2023)

Market Analysis

  1. Bitcoin's Rally May Be Short-Lived as Inflation Fears Return: Despite recent gains, Bitcoin's rally may be short-lived as inflation fears return and the dollar strengthens, according to analysts. (March 16, 2023)
  2. Ethereum's Price May Reach $5,000 by End of 2023, Says Analyst: Ethereum's price may reach $5,000 by the end of 2023, driven by the upcoming Merge upgrade and increasing adoption, according to an analyst. (March 15, 2023)
  3. Crypto Market Cap May Reach $3 Trillion by End of 2023, Says Report: The global cryptocurrency market capitalization may reach $3 trillion by the end of 2023, driven by increasing adoption and institutional investment, according to a report. (March 14, 2023)

Company News

  1. Coinbase to Launch Crypto-Focused Credit Card in the US: Coinbase is set to launch a cryptocurrency-focused credit card in the US, allowing users to earn rewards in Bitcoin and other cryptocurrencies. (March 10, 2023)
  2. Binance to Launch Decentralized Exchange for Institutional Investors: Binance is set to launch a decentralized exchange (DEX) for institutional investors, allowing them to trade cryptocurrencies in a more secure and transparent manner. (March 9, 2023)
  3. MicroStrategy to Sell $500 Million in Stock to Fund Bitcoin Purchases: MicroStrategy, a business intelligence firm, is set to sell $500 million in stock to fund its Bitcoin purchases, according to a regulatory filing. (March 8, 2023)

These are just a few examples of recent Bloomberg Crypto News articles. You can find more articles and news on the Bloomberg website or through their mobile app.