Federal Reserve Chair Jerome Powell has presided over a third consecutive interest rate reduction, signaling a decisive shift in monetary policy as economic uncertainties persist. In a special edition of Bloomberg Surveillance, hosts Lisa Abramowicz and Tom Keane facilitated a high-level discussion featuring analysts from JPMorgan, BlackRock, Deutsche Bank, and other major institutions, dissecting the implications of this sustained easing cycle for markets and the broader economy.
about Fed Cuts Rates Again: Powell's Remarks & Market ReactionsKPMG
0 in Finance and 0 in Crypto last weekMicroStrategy’s Bitcoin Bet Faces Collapse Fears as Stock Plunges
Fears are mounting that MicroStrategy’s massive Bitcoin treasury strategy could unravel after the company acknowledged it might sell Bitcoin for the first time. The firm’s stock has plunged 30% in a month as Bitcoin declined, raising comparisons to historic corporate collapses like Enron and Lehman Brothers and challenging the notion that the company is ‘too big to fail.’
about MicroStrategy's Bitcoin Bet Faces Collapse Fears as Stock PlungesTrump Ends US Shutdown; Zelenskiy Seeks Russian Asset Funds
President Donald Trump has signed legislation ending the longest government shutdown in US history, providing immediate relief to federal workers and removing a significant uncertainty for global markets. Simultaneously, Ukrainian President Volodymyr Zelenskiy has emphasized the critical importance of fresh European funding using frozen Russian assets to sustain his country’s war effort against Russia. These dual geopolitical developments set the financial agenda for European investors as detailed on Bloomberg Daybreak Europe’s morning briefing.
about Trump Ends US Shutdown; Zelenskiy Seeks Russian Asset FundsGlobal Stocks Fall, Bitcoin Dips Below $100K
Global markets extended losses for a second consecutive session as chip stock valuations sparked investor concerns. Meanwhile, Bitcoin retreated below the $100,000 threshold amid broader market uncertainty. Political shifts in New York and Republican setbacks added to the day’s market-moving developments, creating a perfect storm of negative sentiment across financial markets as European investors prepared for another volatile trading session.
about Global Stocks Fall, Bitcoin Dips Below $100KWall Street Closing Bell Analysis with Top Financial Experts
Bloomberg Television delivers comprehensive market analysis in the critical moments surrounding Wall Street’s closing bell, featuring insights from leading financial strategists and economic experts across multiple sectors. Today’s broadcast brings together prominent voices including KPMG’s Diane Swonk, Horizon Investments’ Scott Ladner, and Wedbush Securities’ Dan Ives to analyze key market movements and economic indicators shaping investment decisions during the crucial final trading minutes.
about Wall Street Closing Bell Analysis with Top Financial ExpertsWall Street Closing Bell Analysis with Top Investors
Bloomberg Television delivers real-time market analysis as Wall Street approaches the closing bell, featuring insights from top investment professionals across major financial institutions. Today’s broadcast brings together experts from Morgan Stanley Investment Management, Avenue Capital, EverCore ISI, Union Square Advisors, Pimco, Ritholtz Wealth Management, KPMG, E.L.F. Beauty, and Naturism to provide critical perspectives on market movements and investment strategies during the crucial final trading minutes.
about Wall Street Closing Bell Analysis with Top InvestorsWall Street Closing Bell Analysis with Top Financial Experts
Bloomberg Television’s closing bell coverage assembles an elite panel of financial experts to dissect today’s market movements in real-time. The program features insights from leading economists, strategists, and market professionals moments before and after the trading day concludes, offering multidimensional analysis of key developments across economic, technical, and regulatory dimensions.
about Wall Street Closing Bell Analysis with Top Financial ExpertsNaver Acquires Upbit Operator Dunamu in Crypto Push
South Korea’s internet behemoth Naver is making a decisive move into the digital asset space, acquiring Dunamu, the operator of the country’s largest cryptocurrency exchange Upbit, through a strategic share exchange. This acquisition, which will make Dunamu a wholly-owned subsidiary of Naver Financial, signals a significant escalation in Naver’s ambition to build a comprehensive ‘super app’ by integrating cryptocurrency trading into its vast ecosystem of search, e-commerce, and payment services. The deal also sets the stage for Naver Financial to launch a won-backed stablecoin, positioning it directly against initiatives from the traditional banking sector.
about Naver Acquires Upbit Operator Dunamu in Crypto PushEthena Proposes BlackRock-Backed USDH for Hyperliquid
Ethena Labs submitted a proposal on September 9 to issue Hyperliquid’s native stablecoin USDH, backed entirely by BlackRock’s USDtb stablecoin through institutional partnerships with Anchorage Digital and Securitize. The proposal commits to returning 95% of net revenue to the Hyperliquid community and includes a $75 million incentive program for market development. Competing proposals from Paxos, Frax Finance, Agora, and Sky offer alternative backing models, with the final selection requiring community governance approval and a gas auction. The transition could generate $220 million in additional annualized revenue for HYPE holders while reducing Circle’s USDC supply by 7%, leveraging Ethena’s experience managing over $23 billion in tokenized assets.
about Ethena Proposes BlackRock-Backed USDH for HyperliquidEthereum (ETH) Price Analysis & 2025 Outlook
Ethereum (ETH) is currently priced at $2,914, reflecting a minor 0.6% daily dip after rebounding from July lows below $2,800. The cryptocurrency faces key resistance at $3,000, with technical indicators suggesting a neutral-to-bullish trend. Analysts highlight potential bullish drivers, including the possible approval of ETH spot ETFs in the U.S. and strong staking demand, with over 25% of ETH supply locked. Layer 2 scaling solutions like Arbitrum and Optimism continue to bolster Ethereum’s long-term value. Short-term forecasts predict a range of $2,750–$3,200 for August, with year-end targets between $3,800–$4,200. However, volatility and regulatory developments remain key factors to watch.
about Ethereum (ETH) Price Analysis & 2025 OutlookMidtown Shooting & US-China Trade Talks Update
A gunman killed four people and himself in a Midtown Manhattan office tower that hosts prominent companies such as Blackstone Inc., Rudin Management, the NFL, and KPMG. The shooter, identified as 27-year-old Shane Tamura from Nevada, was found dead on the 33rd floor. Meanwhile, Commerce Secretary Howard Lutnick suggested a likely 90-day extension of the US-China trade truce amid ongoing negotiations in Stockholm. The incident and trade developments unfolded as markets opened in Europe, with ‘The Opening Trade’ providing in-depth analysis on these and other key financial stories.
about Midtown Shooting & US-China Trade Talks UpdateSonic Labs Launches 200M S Token Airdrop for US Users
Sonic Labs is making waves with its 200M S token airdrop, notably including U.S. residents for the first time. Eligible participants must use non-custodial wallets and engage with Sonic’s DeFi ecosystem, with rewards distributed over 270 days and staking options offering a 4.61% annual return. The project has secured GSR as a market maker and closed a $10M strategic sale with Galaxy to expand its DeFi footprint. Additionally, Sonic Labs won a legal victory in Singapore to liquidate the Multichain Foundation following a 2023 hack, reinforcing user trust. Despite a recent price dip, the airdrop and partnerships signal strong growth ambitions.
about Sonic Labs Launches 200M S Token Airdrop for US Users