Bitcoin is headed for the fourth annual decline in its history, and the first one that didn’t coincide with a major scandal or industry meltdown. While the latest decline is a much milder correction than in the previous three down years, it’s happened against a vastly different backdrop. Since the last major crypto crash in 2022, institutional adoption has widened, regulation has matured, and the industry has found its arguably most important champion in US President Donald Trump.

Fred Thiel, the CEO of MARA, which is the second largest publicly held bitcoin miner, explains why the remains committed to the world's leading cryptocurrency, and why he sees a market recovery on the horizon. Fred speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Bitcoin is headed for the fourth annual decline in its history, and the first one that didn&rsquo;t coincide with a major scandal or industry meltdown. While the latest decline is a much milder correction than in the previous three down years, it&rsquo;s happened against a vastly different backdrop. Since the last major crypto crash in 2022, institutional adoption has widened, regulation has matured, and the industry has found its arguably most important champion in US President Donald Trump. Fred Thiel, the CEO of MARA, which is the second largest publicly held bitcoin miner, explains why the remains committed to the world's leading cryptocurrency, and why he sees a market recovery on the horizon. Fred speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

MARA CEO Thiel Remains Confident in Bitcoin Amid Downtown 

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President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term.  

Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran’s proxies from destabilizing the region and cut off the country’s path to nuclear weapons.

“Tonight I’m pleased to say that these core strategic objectives are nearing completion,” Trump said from the White House in a roughly 20-minute speech. “We are going to finish the job. and we’re going to finish it very fast, we’re getting very close.”
The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control. 

For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.

President&nbsp;Donald Trump&nbsp;said the war in Iran is &ldquo;very close&rdquo; to completion, even as he signaled strikes could escalate in the near term. &nbsp; Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran&rsquo;s proxies from destabilizing the region and cut off the country&rsquo;s path to nuclear weapons. &ldquo;Tonight I&rsquo;m pleased to say that these core strategic objectives are nearing completion,&rdquo; Trump said from the White House in a roughly 20-minute speech. &ldquo;We are going to finish the job. and we&rsquo;re going to finish it very fast, we&rsquo;re getting very close.&rdquo; The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control.&nbsp; For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.

Instant Reaction: Trump Threatens to Escalate Iran War in Primetime Speech

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/312b79ff-62d6-4fc6-82b9-b420002c82b1/transcript

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

NASA astronauts are poised to lift off Wednesday on a 10-day journey that will slingshot them around the moon, marking humanity’s return to the lunar vicinity for the first time in more than half a century.

The crew’s Lockheed Martin Corp.-built Orion capsule, perched atop the Boeing Co.-made Space Launch System rocket, is set to launch at 6:24 p.m. local time from Kennedy Space Center in Florida.

The mission is a crucial, in-space dress rehearsal for the long-delayed SLS rocket and Orion capsule, and marks the biggest milestone yet in NASA’s multi-year Artemis campaign to land humans on the moon as soon as 2028. If the mission launches on schedule, the four-person crew will travel farther in space than anyone in history.

President Donald Trump’s NASA administrator, Jared Isaacman, and former astronaut and US Senator Mark Kelly attended the send-off.Earlier, European Space Agency Director General Josef Aschbacher joined other NASA officials, lawmakers and industry executives walking the press site, conducting interviews. TV outlets set up white tents on the lawn outside to capture the giant SLS rocket standing a few miles away.
Today's show features:
Ed Ludlow, Bloomberg Tech Co-Host on NASA's Artemis II Launch
Rebecca Homkes, Lecturer at the London Business School and Faculty at Duke Corporate Executive Education
Andrew Szczurowski, Morgan Stanley Investment Management Strategic Income Portfolio Manager
Ben Gagnon, Bitfarms CEO on Bitfarms Officially Rebrands as Keel Infrastructure; Completes U.S. Redomiciliation

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
NASA astronauts are poised to lift off Wednesday on a 10-day journey that will slingshot them around the moon, marking humanity&rsquo;s return to the lunar vicinity for the first time in more than half a century.
The crew&rsquo;s Lockheed Martin Corp.-built Orion capsule, perched atop the Boeing Co.-made Space Launch System rocket, is set to launch at 6:24 p.m. local time from Kennedy Space Center in Florida.
The mission is a crucial, in-space dress rehearsal for the long-delayed SLS rocket and Orion capsule, and marks the biggest milestone yet in NASA&rsquo;s multi-year Artemis campaign to land humans on the moon as soon as 2028. If the mission launches on schedule, the four-person crew will travel farther in space than anyone in history.
President Donald Trump&rsquo;s NASA administrator, Jared Isaacman, and former astronaut and US Senator Mark Kelly attended the send-off.Earlier, European Space Agency Director General Josef Aschbacher joined other NASA officials, lawmakers and industry executives walking the press site, conducting interviews. TV outlets set up white tents on the lawn outside to capture the giant SLS rocket standing a few miles away. Today's show features:
<ul>
<li>Ed Ludlow, Bloomberg Tech Co-Host on NASA's Artemis II Launch</li>
<li>Rebecca Homkes, Lecturer at the London Business School and Faculty at Duke Corporate Executive Education</li>
<li>Andrew Szczurowski, Morgan Stanley Investment Management Strategic Income Portfolio Manager</li>
<li>Ben Gagnon, Bitfarms CEO on Bitfarms Officially Rebrands as Keel Infrastructure; Completes U.S. Redomiciliation</li>
</ul>

NASA Set to Launch Crew to Moon for First Time in 50 Years

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More and more Americans are turning to consumer AI platforms for medical information. Until now, those educational conversations with AI have taken place outside of the healthcare system. Without access to the user’s private and secure medical information, educational information provided by the AI tool may not be as meaningful to the user. Today, Harford HealthCare and K Health announced the launch of PatientGPT, the nation’s first AI system with the ability to securely access the user’s medical record. PatientGPT, accessible right within the Hartford HealthCare patient portal and app, is rolling out as a beta version for a limited number of patients to try.

Jeff Flaks is the President and Chief Executive Officer of Hartford HealthCare, a $7.0-billion enterprise that cares for more than 27,000 people daily. Allon Block co-founded K Health after being inspired by his own frustration with the U.S. healthcare system to build a better solution. They speak with Bloomberg's Carol Massar and Tim Stenovec.

More and more Americans are turning to consumer AI platforms for medical information. Until now, those educational conversations with AI have taken place outside of the healthcare system. Without access to the user&rsquo;s private and secure medical information, educational information provided by the AI tool may not be as meaningful to the user. Today, Harford HealthCare and K Health announced the launch of PatientGPT, the nation&rsquo;s first AI system with the ability to securely access the user&rsquo;s medical record. PatientGPT, accessible right within the Hartford HealthCare patient portal and app, is rolling out as a beta version for a limited number of patients to try. Jeff Flaks is the President and Chief Executive Officer of Hartford HealthCare, a $7.0-billion enterprise that cares for more than 27,000 people daily. Allon Block co-founded K Health after being inspired by his own frustration with the U.S. healthcare system to build a better solution. They speak with Bloomberg's Carol Massar and Tim Stenovec.

The Launch of PatientGPT

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/30829707-2ec8-4d03-87ae-b41e01621134/transcript

MARA CEO Thiel Remains Confident in Bitcoin Amid Downtown

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