Semler Scientific, a little-known medical technology company, announced on Tuesday that it has adopted bitcoin as its primary treasury reserve asset. The company, which develops products used in the detection of peripheral arterial disease, also disclosed the purchase of 581 bitcoins for approximately $40 million, inclusive of fees and expenses. This strategic decision caused Semler’s…
Bank of Japan Board Member Seiji Adachi acknowledged it’s possible that yen weakness could spur price gains and prompt authorities to consider another rate hike earlier than expected. from Bloomberg Markets https://ift.tt/WbFSzo1
Bitcoin Well Inc., a non-custodial bitcoin platform, has announced the integration of the Lightning Network into its platform, enabling customers in Canada to instantly sell bitcoin from any personal Lightning Wallet. Bitcoin Well’s founder & CEO, Adam O’Brien, stated that this innovation enhances the speed, security, and cost-effectiveness of selling bitcoin, making it more user-friendly…
Nicolas Schmit, lead candidate for the Party of European Socialists in the EU election and the EU’s Jobs & Social Rights Commissioner, joins Bloomberg’s Tom Mackenzie to discuss the upcoming vote, what it means for Europe, and why he thinks the future of the bloc is at stake. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/RoM5mLN
Global investors’ holdings of equity derivatives in India have risen to a record days before the nation’s elections end, as signs emerge that they’re growing more confident about the likely outcome. from Bloomberg Markets https://ift.tt/XiPDBT0
Ryan Salame, a former top executive at the now-defunct cryptocurrency exchange FTX, was sentenced to 7.5 years in prison on Tuesday for his role in the company’s collapse. Salame, who served as the co-CEO of FTX’s Bahamian subsidiary, pleaded guilty last year to making unlawful campaign contributions and operating an unlicensed money-transmitting business. TLDR Ryan…
China’s president is urging officials to create more jobs for young people and migrant workers, in what could be a signal that employment policy may be in the pipeline ahead of a key political meeting in July. https://www.wsj.com/articles/chinas-xi-calls-for-more-jobs-for-young-people-migrant-workers-7c0ab230
Anglo American is still unlikely to accept BHP’s offer, RBC Capital Markets said, unless the structure of the deal is changed, or a higher value is offered. https://www.wsj.com/articles/australia-shares-set-to-slip-ahead-of-cpi-data-496f3c2b
The framework a Manhattan jury will use to consider the charges against former President Trump and reach a verdict will be revealed by Judge Juan Merchan on Wednesday. The instructions will be issued nearly a week after they were initially set for release. It comes after weeks of speculation about the specific violations the…
A ship was hit by missiles for a second time while sailing through the Red Sea on Tuesday, the UK Maritime Trade Operations said. from Bloomberg Politics https://ift.tt/6BDd72M