Bitcoin to $100K? ‘The fundamentals are strong,’ says Gryphon CEO
Gryphon Digital Mining CEO Steve Gutterman remains bullish on Bitcoin, citing strong fundamentals despite its volatility.
BlackRock’s Larry Fink Handed Pay Perks for Role in Growing Private Markets
(Bloomberg) -- BlackRock Inc. awarded Chief Executive Officer Larry Fink additional pay perks known as carried interest tied to the asset manager’s major expansion in private markets, saying the co-founder has a key role in the firm’s long-term plans.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies
Markets are starting to view Trump as more of a ‘pushover’ on tariffs than a protectionist, UBS economist says
President Donald Trump announced his administration will study reciprocal tariffs, but stopped short of implementing them at this time.
US drillers add oil and gas rigs for third week in a row - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday. Despite this week's rig increase, Baker Hughes said the total count was still down 33 rigs, or 5% below this time last year. Baker Hughes said oil rigs rose by one to 481 this week, while gas rigs gained one to 101.
Wisconsin More Than Doubled BlackRock Bitcoin ETF Holdings to 6M Shares
The state’s investment board's stake is worth more than $340 million at IBIT's current price of $56.10.
Federal housing department workers brace for deep cuts in disaster aid, anti-discrimination divisions
HUD cuts are expected to hit offices conducting research, policing discrimination, and providing community aid.
Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump’
“We are a multiproduct business,” Coinbase CEO Brian Armstrong said after his company released its Q4 earnings.
DOGE Effect Stings Muni Bonds Backed by Federal Lease Payments
(Bloomberg) -- Elon Musk’s aggressive push to cancel federal leases is pressuring some municipal bonds backed by payments from the US government.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayHow to Build a Neurodiverse CitySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterThe White House has urged the General Services Administration, the government’s real estate manage
Top Stock Movers Now: Airbnb, DraftKings, DaVita, and More
Major U.S. equity indexes were mixed and little changed at midday Friday after a report showed a larger-than-expected decline in U.S. retail sales.
El Salvador Dispatch: The Origins of the Bitcoin Experiment
El Zonte inspired Bukele to make bitcoin legal tender in El Salvador. CoinDesk visited the surfing village to see how it’s developing.