Crypto Technicals Flash Pain Ahead, Eye Bitcoin at $4000

Crypto Technicals Flash Pain Ahead, Eye Bitcoin at $4000

Even as it rebounded on Thursday, the digital token has failed to trade above widely followed retracement levels despite a smattering of good news,
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US Starts Picking Power-Plant Winners for Emergency Aid

… of what natural or man-made disasters might occur,” Pugliese said, according to an audio recording of the remarks shared with Bloomberg News.
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A Bank Account's Backdoor: Your SIM Card

… card swapping fraud. He'll take questions from the audience. Watch every Thursday on Bloomberg.com, Facebook and Twitter. (Source: Bloomberg)
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Cuomo Attacks Trump Plan for Capital Gains Tax Cut

New York state will stop basing its capital gains tax on federal government regulations if President Donald Trump follows through on his proposed
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'The Dude' Is Back With a $100 Million Bet on Turkish Stocks

A single brokerage in Istanbul has been placing outsize bets on Turkish stocks at a time when less adventurous investors are bracing for a crisis.
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Trump's Trust-Free White House

With the news that former celebrity White House staffer Omarosa Manigault-Newman apparently taped Donald Trump during his presidency,
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Saudi Arabia Starts to Weaponize Its Wealth

Had he built his cash-guzzling automaker north of the International Boundary, the Saudis would doubtless take a different view on that backing for
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Cryptokidnapping, or How to Lose $3 Billion of Bitcoin in India

He asked Bloomberg News to speak to the state administration about Kotadiya's threat to reveal more political involvement. Jitendrabhai Vaghani, BJP
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Deutsche Bank Cuts Costs Again. Not Even Fruit Bowls Are Safe

The list of perks at Deutsche Bank AG is shrinking fast. Investment bankers at Germany's largest lender have been told to travel coach class on trains;
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Musk's Go-Private Proposal to Be Pored Over by Tesla's Board

Musk spoke with the the Public Investment Fund about going private previously, according to the news outlet. Musk, 47, has had to recuse himself from
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Janus Henderson CEO Weil on Objectives, Bill Gross, Key Markets

Janus Henderson CEO Weil on Objectives, Bill Gross, Key Markets … the firm is focused on. He speaks on “Bloomberg Markets.” (Source: Bloomberg)
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Musk's Money Mystery Intrigues SEC

Matt Levine is a Bloomberg Opinion columnist covering finance. He was an editor of Dealbreaker, an investment banker at Goldman Sachs, a mergers
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Are You Pound-Proof Yet? The Brexit Endgame Is About to Begin

Time is running out to position for a disorderly Brexit. That's the chorus growing louder among pound traders and strategists, with Morgan Stanley
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Markets in US Are Defying the Tumult Convulsing Rest of World

The S&P 500 has been edging back toward its January peak, and the U.S. Treasury just auctioned a record amount of 10- and 30-year debt with
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Maersk, IBM Launch Blockchain-Based Shipping Platform TradeLens

A.P. Moller-Maersk A/S, the world's largest container line, and International Business Machines Corp. have launched a blockchain-based platform for
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The SEC Is Intensifying Its Probe of Tesla

The U.S. Securities and Exchange Commission is intensifying its scrutiny of Tesla Inc.'s public statements in the wake of Elon Musk's provocative tweet
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Trump's Space Force Needs $8 Billion Over Five Years, Pence Says

President Donald Trump will call on Congress to allocate $8 billion over the next five years to establish the U.S. Space Force as the sixth branch of the
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Tesla Plunges, Wiping Out Tweet-Fueled Rally in Just Two Days

It didn't long for the euphoria to fade. Exactly 48 hours after Elon Musk triggered a frantic rally with a tweet saying he was considering taking Tesla Inc.
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Wilbur Ross, Trump's Elusive Swamp Survivor

Timothy L. O'Brien is the executive editor of Bloomberg Opinion. He has been an editor and writer for the New York Times, the Wall Street Journal,
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