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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. дальше »
2022-11-12 21:00 | |
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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. дальше »
2022-10-7 02:00 | |
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U.S. Federal Reserve Set To Hike Rates Above 400 BPs – How Will Crypto Market React?
The United States Federal Reserve is tightening, and interest rates hike has heavily impacted on the crypto market. Earlier this month, Bloomberg Analyst Mike McGlone McGlone said Bitcoin would outperform traditional stocks as interest rates hike. дальше »
2022-9-25 11:14 | |
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U.S Federal Reserve Set To Hike Rates Above 400 BPs – How Will Crypto Market React?
The United States Federal Reserve is tightening, and interest rates hike has heavily impacted on the crypto market. Earlier this month, Bloomberg Analyst Mike McGlone McGlone said Bitcoin would outperform traditional stocks as interest rates hike. дальше »
2022-9-24 11:14 | |
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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. дальше »
2022-8-9 01:00 | |
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Crypto Biz: An eye-opening chat with Mr. Wonderful, April 7–13, 2022
Kevin O’Leary told Cointelegraph that Bitcoin mining could incentivize green energy production. We also interviewed Mark Yusko and Mike McGlone at Bitcoin 2022. дальше »
2022-4-16 18:30 | |
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Bloomberg Report Reveals Gloomy Future For ‘Ethereum-Facilitated’ Meme Coin Shiba Inu
Key takeaways Bloomberg’s McGlone calls Ethereum the facilitator of meme coin Shiba Inu (SHIB). In its November Crypto Outlook report, Bloomberg states that SHIB is just a well-marketed fad like many other cryptocurrencies. дальше »
2021-11-8 20:52 | |
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Amplify Files for a Crypto and DeFi ETF, While Invesco Galaxy Digital Goes for a Physical Bitcoin ETF
Bloomberg analyst Mike McGlone expects a futures-backed Bitcoin ETF to be approved first, and it could be as soon as “the end of October,” which he said would open a “window for a massive amount of money inflow. дальше »
2021-9-22 17:53 | |
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As Bitcoin Struggles To Reclaim $50k, This Bloomberg Analyst Tells Why He Still Has Eyes Peeled For $100,000 In 2021
Bloomberg Intelligence Analyst McGlone believes Bitcoin will reach $100,000 in 2021, with supported factors such as increased adoption, past BTC trading trends, and Bitcoin’s declining supply. “Can bitcoin reach $100,000 in 2021? Five charts show potential- Past bitcoin trading trends and the crypto’s declining supply vs. дальше »
2021-9-19 14:33 | |
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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 […] дальше »
2021-9-7 20:18 | |
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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 […] дальше »
2021-8-9 19:27 | |
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Bitcoin Set To Outperform In Second Half Of 2021, Bloomberg Analyst
As Bitcoin continues its tumultuous run through the market, analysts continue to see big things in store for the cryptocurrency. Bloomberg analyst Mike McGlone recently said in the August Edition of the Bloomberg Galaxy Crypto Index (BGCI) that the coin was set to outperform in the second half of the year. дальше »
2021-8-6 02:00 | |
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Bloomberg Analyst Provides Blueprint Of Bitcoin Path To $100,000
Bitcoin price predictions have been a hot topic for a while now. Bloomberg Analyst, Mike McGlone believes that the price of BTC hitting $100,000 is tied to the asset following ethereum. This came in the monthly cryptocurrency newsletter sent out by Bloomberg Crypto Outlook. дальше »
2021-7-10 20:00 | |
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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 […] дальше »
2021-6-17 16:07 | |
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From A Mere Speculative Crypto to A Prestigious Digital Asset: See How Bitcoin Is Upgrading
The tides are turning for the oldest and strongest crypto, and according to Mike McGlone, it’s just started. The Bloomberg analyst on Tuesday tweeted a clear index chart of Bitcoin’s projections showing the growing trend of its mainstream adoption. дальше »
2021-6-11 22:56 | |
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Why Bitcoin could favor USD dominance over Digital Yuan
Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U. S. dollar over China’s digital Yuan. дальше »
2021-4-10 00:00 | |
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Tether may be widening the disparity between Bitcoin, altcoins
In its most recent ‘Crypto Outlook’ report, Bloomberg Intelligence’s Senior Commodity Strategist, Mike McGlone, spoke about Bitcoin, Tether (USDT), their adoption and possible outcomes in 2020. The post Tether may be widening the disparity between Bitcoin, altcoins appeared first on AMBCrypto. дальше »
2020-1-9 19:30 | |
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Bitcoin more likely to edge towards 2019's highs, than its lows
In the January edition of Bloomberg's ‘Crypto Outlook’ report, Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, wrote about Bitcoin and its potential in 2020, both in terms ofThe post Bitcoin more likely to edge towards 2019's highs, than its lows appeared first on AMBCrypto. дальше »
2020-1-9 12:30 | |
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‘Emotional’ Bitcoin Bulls are ‘Grasping At Straws’, Claims Bloomberg Analyst
A recent article in Bloomberg paints a less optimistic future of the crypto markets than you might typically find this week. Vildana Hajric reports that the GTI Global Strength Indicator of the Bloomberg Crypto Index, which tracks significant cryptos, has the same trends which led to its previous peak in January 2018. дальше »
2019-4-10 17:40 | |
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