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Bloom BLT

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All the news for: Bloom

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Binance US Chases $100 Million at a Fraction of Past Valuation: Bloomberg
Binance US is reportedly seeking up to $100 million in fresh capital at a valuation of roughly $1 billion, a striking reversal from its $4.5 billion pre-money valuation in 2022. Bloomberg reports that the exchange wants to rebuild its American… Read full article
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Bitcoin Is Now ‘Stock-Market Puppet’, Bloomberg Strategist Warns as Whales Refuse to Back Down
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Bitcoin (BTC) is increasingly tied to the stock market.

Mike McGlone, Bloomberg Intelligence’s senior commodity strategist, believes Bitcoin has increasingly become a “stock-market puppet,” citing its strong correlation with U.S. equities and its tendency to… Read full article
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