Bitcoin Perpetuals Seen Becoming an Even Bigger Driver of Prices
Bitcoin perpetual futures, one of the most popular derivatives contracts in crypto markets, are increasingly driving the largest digital token’s price.
Bitcoin perpetual futures, one of the most popular derivatives contracts in crypto markets, are increasingly driving the largest digital token’s price.
Welcome to Social Buzz, a daily column looking at what’s trending on social media platforms. I’m Caitlin Fichtel, an editor on Bloomberg’s Breaking News team, which monitors everything from company statements to tweets from some of the most prominent people in the financial world. Here’s your daily look at what the internet is talking about.
Kenya’s government plans to introduce a 3% tax on digital assets for the coming budget year as other sources of funding prove expensive or inaccessible.
Vodafone Group Plc’s biggest shareholder said it’s considering increasing its stake to ensure it has influence over the British telecommunications company’s future.
Promises of a future when artificial intelligence drives a surge in sales for chipmakers are no longer cutting it in the stock market. These days, hard evidence of progress toward that is needed.
Latin American financial technology firm R2 secured a $100 million credit line from San Francisco-based Community Investment Management, to boost lending in Mexico, its largest market.
Software AG shares fell after the German company refused to enter talks with a rival bidder and said it’s supporting an increased €2.4 billion ($2.6 billion) takeover offer from existing backer Silver Lake Management.
New York Attorney General Letitia James proposed a state law to tighten rules over cryptocurrency companies in her latest swing at an industry she claims is suffering from “rampant fraud and dysfunction.”
There are a staggering number of defunct oil and gas wells across the US. Renewell Energy sees them as an untapped climate solution.
Apple Inc.’s shares rose in premarket trading after reporting a rebound in iPhone sales last quarter, helping the world’s most valuable company top earnings estimates and weather an industrywide downturn that has battered much of its product lineup.