• Jan 11, 2025

Reeves Seeks to Calm Market Turmoil as UK Touts China Deals

(Bloomberg) -- UK Chancellor of the Exchequer Rachel Reeves sought to allay market concerns over the government’s fiscal position during a trip to China, where she reached deals worth £600 million ($731 million) to the British economy over the next five years. Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco

  • Jan 11, 2025

Spot Bitcoin ETF Biggest Winners and Losers One Year On

A year after they began trading, there was a clear winner among spot bitcoin exchange-traded funds. BlackRock's Bitcoin Trust saw investors pour in billions while Grayscale's Bitcoin Trust lagged behind after massive outflows.

  • Jan 11, 2025

Genius Group Boosts Bitcoin Treasury to $35 Million, Advances Strategic Goals

Genius Group Limited ( (GNS) ) has issued an update. Genius Group Limited has increased its Bitcoin Treasury to $35 million, purchasing 372 Bitcoin at an average price of $94,047 each, achieving 30% of its $120 million target ahead of schedule. The company also expanded its Bitcoin-backed loan to $14 million and approved a Founder Compensation Plan, aiming for a $1 billion market cap and Bitcoin Treasury net asset value growth, reflecting its strategic focus on Bitcoin and AI innovation. More ab