2021-7-23 14:38 |
Bloomberg's leading expert in commodities reckons that by rejecting Bitcoin and other crypto assets, China may put its own economic rise on hold
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The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally.
2021-6-17 20:35 | |
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With the increased institutional adoption of Bitcoin due to worldwide economic and social factors, the leading cryptocurrency can no longer be ignored. According to JPMorgan analysts via Bloomberg, gold may continue to lose market share: “Bitcoin may have the potential for substantial further gains over the long term as it competes with gold for investment … Continued The post JPMorgan Analysts Call for $146,000 Long-Term Bitcoin Price Target appeared first on BeInCrypto.
2021-1-6 16:36 | |
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The U. S. is on track to see the largest reversal of fortune of any nation in the world this year. The statistic, designed by Bloomberg, evaluates the global misery index – a test of the level of economic misfortune in a nation.
2020-8-7 23:42 | |
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“It's been a disappointing year for Bitcoin,” writes Bloomberg editor, Joe Weisenthal in his Monday newsletter. 2020 continues to be a tragic year, the world struggling with the coronavirus pandemic, its economic impact, and protests worldwide.
2020-6-15 18:07 | |
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Coinspeaker Goldman Sachs Says Crypto Is Not Asset Class, Bloomberg Has Another OpinionGoldman Sachs said Bitcoin and other cryptocurrencies can't be treated as an asset class because of its inability to generate returns in tune with global economic growth.
2020-5-28 11:11 | |
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A report by JPMorgan & Chase Co. states that the rise in the popularity of central bank digital currencies (CBDC) could spell doom for the U. S. dollar that enjoys unquestionable hegemony in dictating the global economic order today, Bloomberg reports June 22, 2020.
2020-5-24 17:07 | |
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In a digital report, Bloomberg praised Bitcoin’s performance and its multiple economic benefits compared to gold, emphasizing that the token has not been in the same position as traditional markets during this crisis.
2020-4-24 10:05 | |
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According to news published by Bloomberg on August 13, 2019, bitcoin continues to be traded at a premium due to economic uncertainty and political instability in Argentina and Hong Kong, confirming its value in turmoil environments.
2019-8-16 21:00 | |
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A key Bitcoin price technical indicator has turned green again following almost a month of declines. The rally which started a week ago has gained momentum despite a minor pullback below $12,000 yesterday.
2019-8-8 16:00 | |
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Bitcoin has been showing the properties of becoming a store of value and a safe haven and slowly but surely the mainstream media and experts are coming to the same realization as well. Paul Richards, the President of Medley Global Advisors and former Managing Director at UBS recently spoke with Bloomberg about the asset classes […]
2019-8-6 17:05 | |
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China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019.
2019-7-10 11:00 | |
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More than three years after India rejected a Facebook initiative to offer free internet service to its citizens terming the gesture ‘digital colonialism’, the social media giant’s cryptocurrency project Libra might meet the same fate in Asia’s third-largest economy.
2019-7-9 16:06 | |
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Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it.
2019-7-8 15:48 | |
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By CCN: Research by Chainalysis finds that only 1. 3% of bitcoin transactions so far in 2019 came from merchants. The remaining 98. 7% of volume is all on the exchanges. That means almost no one is using bitcoin to buy things.
2019-6-2 18:18 | |
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According to a Bloomberg report published May 31, 2019, bitcoin’s use for economic transactions is still tremendously low despite the recent surge in its price. Not so Bullish Behind the Price It would be fair to say that the recent spike in the price of bitcoin has been largely successful in lifting the morale ofRead MoreRead More.
2019-6-1 23:00 | |
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Chainalysis, a U. S. based blockchain intelligence firm’s research revealed that between January and April 2019, only 1. 3 percent of Bitcoin economic transactions were carried out by merchants and as such, speculation remains Bitcoin’s major use case and it has retarded the cryptocurrency’s massive adoption as means of payment, reports Bloomberg on May 31, 2019.
2019-5-31 20:52 | |
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Yesterday, Chinese company ByteDance – which owns TikTok, Helo, and Vigo Video – launched a chat app called Flipchat. Now, a new report from Bloomberg suggests its reportedly launching a music streaming app this year.
2019-5-21 16:45 | |
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Warren Buffett may be a Democrat, but that doesn’t mean he’s on board with the economic policies promoted by progressive firebrand Alexandria Ocasio-Cortez. The congresswoman from New York plans to ramp up spending and drive the US deficit closer to the cliff-edge with a $40 trillion indulgence.
2019-3-17 21:24 | |
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With the United States government threatening to prohibit payment companies from processing transactions in Venezuela, citizens may be forced more than ever before to adopt Bitcoin. No More Visa and Mastercard Payments for Venezuelans According to Bloomberg, U.
2019-3-15 17:30 | |
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The party may be over for automated trend-following trading strategies on Wall Street. As a recent report by Bloomberg highlights, the once legendarily profitable investment systems run on computers by hedge fund managers have lost their edge.
2019-3-4 18:53 | |
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Eric Lam reports for Bloomberg: “The trade war between the U. S. and China and slowing retail sales dragged Hong Kong’s economic growth down at the end of last year, with exports showing almost ‘zero growth.
2019-2-18 13:19 | |
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Despite many mainstream economists and financial analysts continually dissing the crypto market, Binance CEO Changpeng Zhao was recently quoted as saying that he has “a high level of confidence” in the future of the altcoin sector— despite the industry facing challenging economic conditions right now.
2018-12-25 18:21 | |
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Gary Cohn, a former chief economic aide to President Trump and president of Goldman Sachs, will join the blockchain startup Spring Labs as an advisor, Bloomberg reports. More: Gary Cohn is joining blockchain startup Spring Labs as an adviser https://t.
2018-10-14 01:59 | |
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Turkey is currently undergoing its second serious economic crisis since 2017, as the country’s national currency has lost approximately 30 percent of its value in the last month. The Turkish Lira has been subject to so much volatility in the last two weeks that it’s “making Bitcoin look tame by comparison,” reports Bloomberg.
2018-8-13 20:29 | |
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OPINION: On 26th July, Bloomberg claimed, “Up to Two-Thirds of Bitcoin [BTC] Transactions Have No Economic Value”. In their article, the author explained how they feel that Bitcoin has no economic value and has nothing to do with the purchase and selling of goods and services.
2018-7-28 10:13 | |
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2018-7-26 21:25 | |
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U. S. Commerce Secretary Wilbur Ross discusses U. S. trade policy, the potential to modify the behavior of ZTE Corp, and his short selling on Navigator Holdings Ltd. He speaks with Bloomberg’s David Westin on “Bloomberg Daybreak: Americas.
2018-6-22 02:27 | |
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Goldman Sachs CEO Lloyd Blankfein reiterated his positive stance on cryptocurrencies in an interview with Bloomberg at the Economic Club of New York, June 19. Addressing the evolution of money, Blankfein pointed out the common features between paper money and crypto, apparently implying that they both do not have intrinsic value. But based on everything
2018-6-20 15:40 | |
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Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc. , comments on cryptocurrencies during an interview with Bloomberg Editor-in-Chief John Micklethwait at the Economic Club of New York.
2018-6-20 05:18 | |
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