Bloomberg Surveillance: Early Edition with Francine Lacqua live from London, bringing insight on global markets and the top business stories of the day.
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Samsung Sparks $30 Billion Tech Rally After 21% Sales Jump
Twitter Challenges India to Court Over Blocked-Tweets, Suspension Orders
Korean Hedge Fund Starts Buying Samsung on Bet Bottom Is Near
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The Fed Signals It’s Not for Turning, But Markets Are
The German Trade Deficit Is No Cause for Alarm
We’re Starting to See Clear Signs of Tech Troubles
Putin’s War Threatens Europe’s Ambitious Climate Goals
Geely Is Launching Satellites in a Bid to Bring Driverless Cars to China
Google Is Going to Let Politicians Spam Your Inbox
US Pandemic Checks Had No Lasting Impact on Poor, Study Shows
Texas Abortion Clinic Provider Plans Move to New Mexico After Court Ruling
One-Tenth of the World Is Hungry, and War Risks Worsening the Crisis
UK’s Biggest-Ever Renewables Auction Is Also the Cheapest
Yellowstone Flooding Reveals Forecast Flaws as Climate Warms
Wildlife Revival Sparks Conservation Craze in New Zealand’s Capital
Here’s Where Car Payments Cost More Than Rent in the US
Intel Bets 17 Billion Euros on a Tech Revival in Eastern German
Crypto Exchange Bitstamp Cancels Plans for ‘Inactivity Fee’
Crypto Lender Genesis Confirms Exposure to Bankrupt Three Arrows Capital
Investors Take Bitcoin Off Exchanges as Crypto Winter Settles In
Immanual John Milton
As the crypto winter deepens, only the staunchest Bitcoin investors are still holding onto their tokens — but not on the exchanges.
Investors in the world’s biggest cryptocurrency are going into hibernation mode with on-chain activity dropping by 13% in early July from November’s highs — levels last seen in the bear phases of 2018 and 2019 when Bitcoin was worth less than $10,000 — according to a Glassnode analysis.
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