Solana Seeing Dark Clouds? Trader Predicts Steady Bottom Formation

Solana (SOL) has been making positive noise recently with a surge in its price. However, one crypto strategist known as Altcoin Sherpa on the social media platform X, believes that the euphoria may be short-lived.

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Deutsche Bank Makes Major U-Turn on Crypto

In surprising policy shift that stands in stark contrast to earlier warnings from its chief investment strategist, Ulrich Stephan, Deutsche Bank has announced partnership with Swiss cryptocurrency firm Taurus to offer digital asset custody services

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DigiToads (TOADS) Primed to Follow Ripple (XRP) Breakout Rally, Crypto Strategist Warns

XRP, the native cryptocurrency of the Ripple payment network, has been on a tear in recent weeks, breaking out of a long-term downtrend. The price of XRP has more than doubled in the past month, and it is now trading at its highest level since early 2022.

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$100,000 Bitcoin Still In Sight, This Analyst Says, But With A Caveat

Bitcoin (BTC) remains at the center of attention as Bloomberg Intelligence’s senior macro strategist, Mike McGlone, reiterates his prediction of the top crypto reaching $100,000. However, he cautions that the journey to this six-figure milestone may take work.

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JPMorgan Downplays Bitcoin ETFs' Market Impact

JPMorgan strategist Nikolaos Panigirtzoglou expresses doubt on the potential transformative impact of these financial instruments on the crypto market

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Top Crypto Strategist Shares Alarming Bitcoin Price Forecast

Leading crypto, Bitcoin (BTC), finds itself under the scrutiny of a senior macro strategist at Bloomberg. With a foresight that carries significant weight, this strategist unveils an alarming price prediction, suggesting that the ongoing decline in Bitcoin’s value might persist in the foreseeable future.

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Bloomberg’s Senior Macro Strategist Predicts More Pain Ahead For Bitcoin

In his latest report titled “Crypto Outlook, June 2023,” Bloomberg’s Senior Macro Strategist, Mike McGlone, predicts more pain ahead for Bitcoin (BTC) and the broader cryptocurrency market.

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“Prepare”: This Crypto Analyst Says The Next Explosive Bitcoin Rally Is Right Around The Corner

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Bitcoin Price In A Turbulent Week: This Crypto Market Strategist Weighs In

Bitcoin, the world’s largest and most well-known cryptocurrency, has had a tumultuous past few days, and according to Mike McGlone, a senior macro strategist at Bloomberg Intelligence, the volatility in the BTC market could very well impact other risk assets.

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Since Satoshi Era, Bitcoin (BTC) Has Never Been More Secure: Bloomberg's Top Strategist

BTC now more reliable than during Satoshi Nakamoto, despite US authorities' attacks, according to Mike McGlone's latest outlook on crypto

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Bloomberg analyst: Crypto supercycle likely on as BTC outperforms gold

Bitcoin is outperforming commodities and gold so far in 2023, with BTC showing a 10x outperformance of the precious metal. Mike McGlone, a senior macro strategist at Bloomberg Intelligence, says Bitcoin could be in a new super cycle.

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Bloomberg Writer Says Crypto Recession is Just Starting – Metacade (MCADE) Performs Well in Presale

Respected Bloomberg senior commodity strategist Mike McGlone has caused waves in crypto markets by going public with his assertion that the crypto market is beginning its first significant recession and indicates there is a long way to go before currencies recover to previous levels.

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Silvergate Bank 'Had to Be Perfect' but Now Pays a Heavy Price: Strategist

But because they weren’t, the industry now is likely to have a difficult time attracting traditional firms into the crypto banking industry, Jim Bianco, president of Bianco Research LLC, says.

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This Analyst Reveals The Catalyst Of Crypto Prices Downturn

Mike McGlone, the senior macro strategist at Bloomberg Intelligence, outlined the primary catalyst for the downturn of Bitcoin and Crypto prices. In his recent digital asset analysis, McGlone cited the US Federal Reserve’s hawkish inflation-curbing strategy as the primary factor that could exert downward pressure on risk assets like digital assets. Related Reading: GameFi Outpaces […]

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Bloomberg analyst says it is time to short crypto

According to Mike McGlone, a senior commodities strategist at Bloomberg Intelligence, it may be premature to declare the bear market for cryptocurrencies over.

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This Strategy May Benefit Current Crypto Market, Bloomberg's Senior Strategist Says

Bloomberg's Mike McGlone explains what may be beneficial for current crypto market

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Bitcoin: This Crypto Strategist Foresees A BTC Price Reversal Soon

Bitcoin analysts are following up on BTC price trends as the 2022 bear market drags into the beginning of 2023. The crypto market is slightly recovering from the FTX fiasco that caused most of the crypto assets to plunge.

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JPMorgan: Why Institutional Investors Don’t Want Crypto

JPMorgan’s senior investment strategist said that large individual and institutional investors are not interested in cryptos due to the volatility seen in 2022. Jared Gross told Bloomberg in a podcast that the class of investors was happy that they did not put money in crypto this year and may not do so soon. “As an […]

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JP Morgan: crypto is nonexistent for institutional investors

JPMorgan executive stated that cryptocurrency is a nonexistent asset class for the vast majority of large institutional investors due to the volatility and inadequate intrinsic returns. As JPMorgan strategist and investment banker Jared Gross told Bloomberg, the big players in…

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FTX crisis likely to spark a domino effect, macro analyst explains

The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.

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'We see propensity resuming for Bitcoin'- Here's why this analyst is bullish

Bloomberg’s latest crypto outlook report spoke about Bitcoin in a rather optimistic tone.  Mike McGlone, the Senior commodity strategist at Bloomberg Intelligence, believes that the remainder ofThe post 'We see propensity resuming for Bitcoin'- Here's why this analyst is bullish appeared first on AMBCrypto.

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Bitcoin Still in Bull Market, Just Selling at Discount, Says Senior Bloomberg Analyst

Bloomberg Intelligence senior commodity strategist on correlation between crypto and crude oil & Bitcoin being in bull cycle still

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Why Bitcoin At $100K Is Just A “Matter Of Time”, Says Bloomberg Intelligence

Bitcoin follows what Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, calls an “enduring trajectory”. The benchmark crypto is one of the best-performing assets in history, as the expert said in a recent report, and might be on track to record fresh gains in the second half of 2022.

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Mike McGlone Thinks Next Six Months Will Turn Out Better for Crypto Market

1H was about purging excesses on crypto market, believes Bloomberg senior commodity strategist

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Why This JPMorgan Strategist Says The Worst Of The Crypto Bear Market Is Nearing Its End

A JPMorgan strategist has predicted that the worst element of the crypto winter for crypto assets, firms, and individual investors is close to an end.

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Better days ahead with crypto deleveraging coming to an end — JPMorgan

A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging.

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Why Crypto Could Be Lifesaver In Looming Recession Shock, BofA Warns

Per a Reuters report, Bank of America (BofA) Chief Investment Strategist Michael Harnett has warned the U.S. public about a potential economic recession and crypto as a possible safe haven. In a note sent to the bank’s clients, Harnett claimed the current macro-economic outlook is turning bearish for stocks and bonds. Related Reading | Bitcoin […]

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This JPMorgan Strategist Is Extremely Bearish on Crypto. Here's Why

A JPMorgan strategist sees the Fed’s hawkish U-turn as the top bearish catalyst for the cryptocurrency market, expecting investors to face significant losses

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Bitcoin Likely to Shine vs. Crypto Gaggle in 2022: Bloomberg's Mike McGlone

Leading Bloomberg strategist believes that Bitcoin is the only crypto that is likely to reverse its price to the North this year

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Solana could become the ‘Visa of crypto’, says Bank of America

Solana will curve off Ethereum’s market share to see Visa-like transactions, says BofA strategist… The post Solana could become the ‘Visa of crypto’, says Bank of America appeared first on Coin Journal.

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Solana could become the ‘Visa of crypto’: Bank of America

The Bank of America strategist stated that Solana is set to take a slice of Ethereum’s market share thanks to its low transaction fees, scalability and ease of use.

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Crypto strategist outlines 2022 bullish scenarios for Polygon, Fantom and Enjin Coin

Cryptocurrencies continue to face downward pressure as sentiment across the equity market also weighs… The post Crypto strategist outlines 2022 bullish scenarios for Polygon, Fantom and Enjin Coin appeared first on Coin Journal.

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Bank of America now says the crypto metaverse is a ‘massive opportunity’

A strategist at the Bank of America, Haim Israel, in a recent interview has declared that the new buzzword in the crypto space, Metaverse, holds a lot of potential for the crypto industry and it could be the niche that would drive the global adoption of the space.

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Bank of America strategist says metaverse is a massive opportunity for crypto

BofA strategist Haim Israel says the metaverse space will see widespread use of cryptocurrencies… The post Bank of America strategist says metaverse is a massive opportunity for crypto appeared first on Coin Journal.

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Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says

Bitcoin’s latest sideways movement caused a stir in the crypto market, with traders pointing fingers to a variety of different factors as the main catalysts for the slump. The post Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says appeared first on CryptoSlate.

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DeFi strategist Matt West claims the infrastructure bill can be fixed

Matt West, a DeFi strategist, and a Democratic congressional candidate believes there is still time to amend the US infrastructure bill, which President Biden signed into law on November 15. The bill passed into law without amendments to the broad provisions that could introduce stricter reporting requirements on crypto network validators and software developers.

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Money managers with zero crypto exposure risk being left behind — Bloomberg strategist

Crypto has grown to become a $2.7 trillion asset class, with Bitcoin, Ether and DeFi attracting more institutional interest.

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Whales Shift $1.42 Billion in Ether as ETH Trades Above $4,000

Over $1.4 billion worth of Ethereum has been transferred by crypto whales in lumps of a mind-blowing size; Bloomberg's strategist expects ETH to hit $5,000

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As Ethereum Price Suffers, JPMorgan Strategist Hits The Asset With A 55% Lower Valuation

The past two days following the weekend close have not been the best for Ethereum. Along with the broader crypto market, the digital asset has suffered numerous dips that saw it break below $3,000 for the first time in a month.

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Senior Commodity Strategist at Bloomberg Calls $100,000 BTC and $5,000 ETH the “Path of Least Resistance”

Mike McGlone, the senior commodity strategist at Bloomberg, argues that digital assets are poised to record new all-time highs now that they have survived the fierce market correction. In the September edition of Bloomberg Crypto Outlook, a monthly report on technical analysis, data, and insight on the crypto market, McGlone doubles down on his propitious […]

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$100k Bitcoin Is Right Around The Corner, Bloomberg’s Senior Strategist Reckons

“This year is prime for Bitcoin to take the next step in its price-discovery stage and we see a refreshed bull market,” wrote strategist Mike McGlone in Bloomberg’s August crypto outlook. This is a sentiment that many Bitcoin proponents share and have continued to hold onto despite the market woes. Bitcoin creates $30k base; $100,000 […]

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Why This Strategist Believes Cardano, Ethereum, and Bitcoin Will Lead The Crypto Pack

Cardano’s native token ADA has the potential to become a mainstream cryptocurrency alongside Ethereum’s Ether and Bitcoin, according to Amy Arnott, a portfolio strategist for the US-based financial services firm Morningstar.

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$60K is now more likely for Bitcoin than $20K, Bloomberg's senior strategist asserts

The analyst also treats the latest crypto ban in China as bullish for Bitcoin and the U.S. dollar.

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Strategist Stands Firm Over Bitcoin Price Prediction Despite Clear Struggles

BTIG strategist Julian Emanuel reckons the price of bitcoin could return to levels north of $50,000 by the end of the year, despite the currency’s present struggles. The crypto market has been put through a major ordeal in recent weeks, one which saw BTC drop from over $63,000 to just above $30,000 in just a […]

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Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model

The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U. S. would “ultimately be very positive” for bitcoin or other crypto assets.

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Dogecoin Primed For Nasty Crash To $0.05 And Not Even Elon Musk Can Save It: Strategist

According to a prominent strategist analyzing the Dogecoin (DOGE) price, it appears that the meme cryptocurrency may be in line for a major crash. Though DOGE has plummeted over 60% from its May 8 all-time high, the crypto analyst sees a drawdown of an even larger magnitude —  and not even Elon Musk’s tweets can […]

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Bloomberg Strategist On Why $100k BTC Price In 2021 Is Meager By Bitcoin Standards

Market conditions in 2021 are perfect for bitcoin to reach and surpass the $100,000 price level according to senior Commodity analyst at Bloomberg Intelligence Mike McGlone. McGlone, who has recently been predicting (on a consistent basis) a positive outlook for bitcoin and the entire crypto market said that key factors that support this analysis include last year’s […]

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Fidelity Strategist Says Bitcoin Bottom Is In As Price Holds Above $40,000

The past month has been a frightening one for crypto investors around the globe. Bitcoin has, however, made a steady recovery in recent days after plunging from one of the biggest sell-offs in May. That begs the question: What comes next? No one can tell for sure.

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‘Discounted’ Bitcoin more likely to hit $100K than $20K in 2021, says Bloomberg analyst

“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone.

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