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Bitcoin Hangs By A Thread As Stock Market Indices Signal Weakness; Asserts Bloomberg Senior Strategist

Bitcoin, the largest cryptocurrency by market cap is likely going to keep getting battered if the stock market declines according to Bloomberg’s Mike McGlone. Bitcoin To De-peg From Stock Indexes, Just Not Yet Referring to an Op-Ed he published earlier last week, McGlone, who is a senior commodity strategist at Bloomberg Intelligence pegs Bitcoin’s recent […] дальше »

2022-4-18 14:58


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Bloomberg Statistics: Institutions Prefer Bitcoin to Gold ETFs

There is a sharp uptick in the number of investors opting for Bitcoin over gold, data from Bloomberg Intelligence reveals. Bitcoin replacing the Old Guard A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. TheRead More дальше »

2021-3-10 20:00


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Smaller Holders Caused Latest Bitcoin Rally, Bloomberg Reports, But Did They Really?

A recent report by Bloomberg cites a reduction in the number of idle Bitcoin wallets as a primary reason for the latest price surge. But is that really the case? Idle Bitcoin Wallets Plunge Citing a research from market intelligence firm Flipside Crypto, Bloomberg reports that a high number of Bitcoin wallets have become active […] Smaller Holders Caused Latest Bitcoin Rally, Bloomberg Reports, But Did They Really? originally published on My Bitcoin News by Yordan Lyanchev. дальше »

2019-4-5 12:07


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Bitcoin Mining Company Bitfury Considers European IPO

Most famously known for their cryptocurrency mining ASIC chips, Bitfury is reportedly interested in public on a major stock exchange in 2019, reported Bloomberg on October 25, 2018.   The mining company has had talks with global investment banks with countries all through Europe in preparation for a trading debut in Amsterdam, London or Hong Kong. дальше »

2018-10-27 21:00


George Mason University’s Tyler Cowen: “Bitcoin’s Flexibility is Limited by It’s Hard Fork Reach”

Tyler Cowen: “Bitcoin’s (BTC) Flexibility is Limited by It’s Hard Fork Reach” During a recent panel discussion that took place on Bloomberg Opinion, one of the topics that drew a lot of attention was the fact that there still exist more than 2 Billion individuals who do not have access to a bank account (but […] дальше »

2018-10-27 20:44


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Australia Securities Exchange Deputy CEO on Blockchain: “Not a Radically Different Approach”

While the blockchain technology, albeit slowly and steadily, continues to reshape the traditional mechanisms in the financial industry, the deputy CEO of Australia’s leading stock exchange ASX Ltd. doesn’t view the technology as a game-changer, per a report by Bloomberg published on October 24, 2018. дальше »

2018-10-27 01:00


JPMorgan Predicts U.S. Recession by 2020, Could Signal Bullish Return for Bitcoin

Cryptocurrency, Bitcoin (BTC), U. S. Markets–On Oct 18, Bloomberg ran a report on a model produced by large financial institution JPMorgan claiming that the U. S. market has a 60 percent chance of entering a recession over the next two years, leading some to wonder how such a shift would impact the industry and marketplace of cryptocurrency. дальше »

2018-10-23 04:29