Sidhartha Shukla
@s1dc01n.bsky.social
Bloomberg crypto market reporter | Ex-ET Prime, The Ken, Moneycontrol | *Views are my own*
📩: sshukla113 at bloomberg dot net
📩: sshukla113 at bloomberg dot net
Bitcoin’s ‘Uptober’ Is Ending on a Down Note
October 31, 2025 at 4:25 AM
Bitcoin’s ‘Uptober’ Is Ending on a Down Note
Gold is on pace for its best annual performance in nearly half a century
September 12, 2025 at 8:10 AM
Gold is on pace for its best annual performance in nearly half a century
Michael Saylor's Bitcoin experiment is facing a market backlash, raising questions about the sustainability of the corporate-treasury model he pioneered.
September 1, 2025 at 5:24 AM
Michael Saylor's Bitcoin experiment is facing a market backlash, raising questions about the sustainability of the corporate-treasury model he pioneered.
Reposted by Sidhartha Shukla
Trump’s 50% tariff threat could give India the highest tariff rate in Asia, putting at risk a manufacturing sector that Prime Minister Narendra Modi has spent a decade trying to build to take on the likes of China
Trump’s 50% Tariff Threatens India’s Manufacturing Ambitions
India’s largest shoemaker Farida Group had already staked out the land — a 150-acre plot in southern Tamil Nadu — for a sprawling new export plant. Then came a blow from Washington: President Donald Trump announced he was doubling tariffs on Indian exports to 50%.
bloom.bg
August 14, 2025 at 4:00 AM
Trump’s 50% tariff threat could give India the highest tariff rate in Asia, putting at risk a manufacturing sector that Prime Minister Narendra Modi has spent a decade trying to build to take on the likes of China
BlackRock’s iShares Bitcoin Trust tops $90 billion in assets as the largest cryptocurrency hits record high above $124K
August 14, 2025 at 5:36 AM
BlackRock’s iShares Bitcoin Trust tops $90 billion in assets as the largest cryptocurrency hits record high above $124K
US Ether ETFs saw record $4.5 billion in trading volume on Wed as token nears 2021 peak, just 1.7% away
August 14, 2025 at 5:28 AM
US Ether ETFs saw record $4.5 billion in trading volume on Wed as token nears 2021 peak, just 1.7% away
Investors pulled a net $465 million from US Ether ETFs on Monday — the group’s biggest one-day outflow yet.
August 5, 2025 at 8:24 AM
Investors pulled a net $465 million from US Ether ETFs on Monday — the group’s biggest one-day outflow yet.
🧵Bitcoin was born to escape Wall Street. Now it’s being priced by it.
The biggest emerging force in BTC options today? BlackRock’s IBIT ETF
The biggest emerging force in BTC options today? BlackRock’s IBIT ETF
Wall Street Is Rewriting the Rules of Bitcoin Trading
Wall Street is seizing control of Bitcoin’s center of gravity.
www.bloomberg.com
July 28, 2025 at 3:55 PM
🧵Bitcoin was born to escape Wall Street. Now it’s being priced by it.
The biggest emerging force in BTC options today? BlackRock’s IBIT ETF
The biggest emerging force in BTC options today? BlackRock’s IBIT ETF
Perpetual futures — crypto’s favorite betting tool — are on the verge of a US debut
Why Crypto’s Top Betting Tool Is Edging Closer to US Debut Under Trump
Trading of cryptocurrencies began in online forums and obscure exchanges, where buying and holding tokens was the norm. But making leveraged bets — a common tool in traditional finance that allows inv...
www.bloomberg.com
June 17, 2025 at 6:28 AM
Perpetual futures — crypto’s favorite betting tool — are on the verge of a US debut
No matter who clinches South Korea’s presidential election this week, one outcome is certain: the country’s crypto industry is poised to win.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
South Korea Crypto Industry to Gain No Matter Who Wins Election
No matter who clinches South Korea’s presidential election this week, one outcome is certain: the country’s crypto industry is poised to win.
www.bloomberg.com
June 2, 2025 at 5:33 AM
No matter who clinches South Korea’s presidential election this week, one outcome is certain: the country’s crypto industry is poised to win.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Reposted by Sidhartha Shukla
The Witcher 3 is getting one more patch later in 2025, bringing cross-platform mod support to the game and making mods available on consoles for the very first time.
The Witcher 3 Is Getting One More Patch Later in 2025, Adding Mods on Consoles for the First Time
bit.ly
June 2, 2025 at 5:01 AM
The Witcher 3 is getting one more patch later in 2025, bringing cross-platform mod support to the game and making mods available on consoles for the very first time.
A divergence is emerging in US exchange-traded funds as investors move from gold to its so-called digital counterpart, Bitcoin
May 29, 2025 at 7:43 AM
A divergence is emerging in US exchange-traded funds as investors move from gold to its so-called digital counterpart, Bitcoin
Reposted by Sidhartha Shukla
Global bond jitters are spilling over into Japan, a corner of the market that for decades experienced barely any volatility. Here's why ⤵️
Why Investors Are So Nervous About Japanese Bonds
Global bond jitters are spilling into Japan, a corner of the market that for decades experienced barely any volatility — and it’s worrying investors already spooked by frictions in US Treasuries.
bloom.bg
May 28, 2025 at 7:45 AM
Global bond jitters are spilling over into Japan, a corner of the market that for decades experienced barely any volatility. Here's why ⤵️
Reposted by Sidhartha Shukla
Stablecoins are money market funds and stablecoin issuers are asset managers >>
By cooperating on a joint stablecoin, big banks could shield themselves individually from the reputational risk of it being used to fund crime or terror
www.bloomberg.com/opinion/arti...
By cooperating on a joint stablecoin, big banks could shield themselves individually from the reputational risk of it being used to fund crime or terror
www.bloomberg.com/opinion/arti...
Big Banks Can Find Safety in Numbers on a Stablecoin
Working together could shield them individually from the reputational risk of any coin they issue being used to fund crime or terror.
www.bloomberg.com
May 27, 2025 at 7:50 AM
Stablecoins are money market funds and stablecoin issuers are asset managers >>
By cooperating on a joint stablecoin, big banks could shield themselves individually from the reputational risk of it being used to fund crime or terror
www.bloomberg.com/opinion/arti...
By cooperating on a joint stablecoin, big banks could shield themselves individually from the reputational risk of it being used to fund crime or terror
www.bloomberg.com/opinion/arti...
"The majority of Telegram groups in Vietnam contain what the regulator called “toxic” information, including groups accused of spreading anti-government content and crimes such as fraud, selling user data and drug trafficking"
Vietnam Takes Steps to Block Telegram App Over Illegal Content
Vietnam authorities have instructed local telecoms and internet service providers to block the Telegram messaging app in the country, for allegedly failing to prevent illegal content and anti-governme...
www.bloomberg.com
May 23, 2025 at 10:45 AM
"The majority of Telegram groups in Vietnam contain what the regulator called “toxic” information, including groups accused of spreading anti-government content and crimes such as fraud, selling user data and drug trafficking"
Ethereum is trying to sell itself as infrastructure — solid, secure… and boring. That might work in the long run. But in today’s market, with the “degen” culture of apeing into memecoins for short-term gains, its trillion-dollar pitch may be a trillion dollars too soon.
Ethereum’s ‘Trillion-Dollar Security’ Quest to Regain Its Edge
Sidhartha Shukla takes a look at the “trillion-dollar security” plan for Ethereum.
www.bloomberg.com
May 23, 2025 at 6:18 AM
Ethereum is trying to sell itself as infrastructure — solid, secure… and boring. That might work in the long run. But in today’s market, with the “degen” culture of apeing into memecoins for short-term gains, its trillion-dollar pitch may be a trillion dollars too soon.
“People are getting fed up. It’s clear that there are no adults in the room in Washington. Zero. No accountability,” said John Fath, managing partner at BTG Pactual Asset Management US LLC.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Trump’s Next Hurdle: The Bond Market Hates His ‘Beautiful’ Tax Bill
President Donald Trump cut a deal with blue-state Republicans on taxes and put down an 11th-hour rebellion by conservatives over spending to get his “one big, beautiful bill” passed by the House.
www.bloomberg.com
May 22, 2025 at 6:56 PM
“People are getting fed up. It’s clear that there are no adults in the room in Washington. Zero. No accountability,” said John Fath, managing partner at BTG Pactual Asset Management US LLC.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
From crypto to licensing deals, here’s how Trump has positioned his family to make more money while he’s in the White House
Read more: www.bloomberg.com/features/202...
Read more: www.bloomberg.com/features/202...
May 22, 2025 at 11:51 AM
From crypto to licensing deals, here’s how Trump has positioned his family to make more money while he’s in the White House
Read more: www.bloomberg.com/features/202...
Read more: www.bloomberg.com/features/202...
Australia's Monochrome Bitcoin ETF sees highest inflow as Bitcoin hits new record
May 22, 2025 at 10:22 AM
Australia's Monochrome Bitcoin ETF sees highest inflow as Bitcoin hits new record
Even as they look increasingly likely to be shunned under new US regulations, a rapidly growing crop of stablecoins that pay interest to holders is emerging as a threat to market leaders Tether Holdings SA and Circle Internet Group Inc.
May 21, 2025 at 7:52 AM
Even as they look increasingly likely to be shunned under new US regulations, a rapidly growing crop of stablecoins that pay interest to holders is emerging as a threat to market leaders Tether Holdings SA and Circle Internet Group Inc.
*S.KOREA’S KBANK TO SEEK IPO FOR THIRD TIME, YONHAP NEWS REPORTS
May 20, 2025 at 7:03 AM
*S.KOREA’S KBANK TO SEEK IPO FOR THIRD TIME, YONHAP NEWS REPORTS
Reposted by Sidhartha Shukla
A look at South Korea's Bithumb as it preps for a 2025 IPO; Kaiko says Bithumb held 36% of the country's crypto trading in Jan. 2024, up from 11.5% in Jan. 2023 (Sidhartha Shukla/Bloomberg)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
May 20, 2025 at 6:20 AM
A look at South Korea's Bithumb as it preps for a 2025 IPO; Kaiko says Bithumb held 36% of the country's crypto trading in Jan. 2024, up from 11.5% in Jan. 2023 (Sidhartha Shukla/Bloomberg)
Main Link | Techmeme Permalink
Main Link | Techmeme Permalink
*JAPAN’S 30-YEAR YIELD RISES TO HIGHEST SINCE DEBUT IN 1999
May 20, 2025 at 5:49 AM
*JAPAN’S 30-YEAR YIELD RISES TO HIGHEST SINCE DEBUT IN 1999
Bithumb’s market share in South Korea jumped from single digits in 2023 to a 36% peak in Jan 2024, per Kaiko. A big driver? Marketing spend soared from ₩16B to ₩192B, boosted by a zero-fee trading promo. It now handles ~25% of the country’s crypto volumes.
May 20, 2025 at 5:18 AM
Bithumb’s market share in South Korea jumped from single digits in 2023 to a 36% peak in Jan 2024, per Kaiko. A big driver? Marketing spend soared from ₩16B to ₩192B, boosted by a zero-fee trading promo. It now handles ~25% of the country’s crypto volumes.