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Coinbase To Be Acquired By A Big Traditional Bank In The Future, SkyBridge’s Scaramucci Predicts
The head of the New York-based investment firm SkyBridge Capital has said that in the future, traditional banks may be eyeing the leading cryptocurrency exchange firm Coinbase. Scaramucci believes traditional firms will take interest in Coinbase-like ventures Anthony Scaramucci made this known in an interview with Bloomberg, in which he predicted that one of the […] дальше »
2021-9-30 18:58 | |
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Wall Street Glitch Showed Bitcoin Crashing to $5,400
On Monday, some crypto investors may have noticed that the price for Bitcoin plummeted down to about $5,400. But the price never actually dropped — at least not that much. The precipitous devaluation was a glitch on Pyth, a crypto data platform that’s contributed to by several finance giants on Wall Street, Bloomberg […] дальше »
2021-9-24 23:25 | |
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Walmart’s Future Crypto Plans: No Litecoin In The Picture – Will Bitcoin, Solana, or Cardano Be Accepted By The Retail Giant?
America’s mega retail giant, Walmart may be nursing plans to delve into crypto, according to a recently posted crypto vacancy, but that plan does not include Litecoin (LTC). In an interview with Bloomberg, a Walmart media correspondent debunked rumors of an impending partnership between the retail giant and Litecoin. дальше »
2021-9-15 21:33 | |
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Bitcoin Will Encounter Little Resistance On Its Journey To $100,000, Says Bloomberg’s Mike McGlone
Bitcoin will continue its bull run that started in August, and after standing successfully to the recent psychological resistance at the $50,000 mark, it may cruise to the $100,000 mark with minimal resistance. дальше »
2021-9-5 21:25 | |
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Highly-Anticipated U.S. Bitcoin ETF Likely To Launch In October, Bloomberg Analysts Predict
Eric Balchunas and James Seyffart – Bloomberg’s in-house ETF analysts – on Tuesday published an investor note that predicts that a Bitcoin ETF approval may likely arrive in October. They suggest that the recent Ethereum futures ETF withdrawal that ProShares and VanEck made could be an indicator that things are beginning to move rapidly in […] дальше »
2021-8-28 00:04 | |
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Bitcoin Not Designed For What Twitter’s Jack Dorsey Wants To Build, Ethereum’s Vitalik Buterin Asserts
Ethereum Co-founder Vitalik Buterin says that Facebook and Square face huge challenges in their latest crypto and blockchain quests. Speaking to Bloomberg’s Television, Vitalik said the Bitcoin blockchain does not have functionality that would help Square to build a “non-custodial, permissionless, and decentralized financial service” on top of Bitcoin. According to him, Facebook may also […] дальше »
2021-8-20 23:36 | |
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China’s Economy Has Plateaued Says Bloomberg Analyst
“China’s rejection of open-source software crypto-assets may mark a plateau in the country’s economic ascent, we believe,” says Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence. Hedge fund manager... дальше »
2021-7-25 17:52 | |
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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. дальше »
2021-6-16 20:04 | |
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For Bloomberg Analyst, Bitcoin Is More Likely To Go To $100,000 Than $20,000 From Here
Bitcoin has soared almost two-fold over the last year and is up circa 35% on a year-to-date basis. The world’s oldest cryptocurrency incurred a massive correction in May after a drop from its April $65,000 all-time high. дальше »
2021-6-4 00:20 | |
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Chinese Bitcoin (BTC) Traders Turn to OTC Desks to Circumvent Ban
Trading activities on Chinese over-the-counter (OTC) desks have started to gain momentum once again just a few weeks after authorities announced plans to crack down on bitcoin (BTC) trading and mining operations, according to a Bloomberg report on May 30, 2021. дальше »
2021-6-1 15:00 | |
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Major Swiss Bank UBS Reportedly Mulling Offering Crypto Services to Wealthy Clients
Swiss multinational investment banking giant UBS Group AG is looking at ways to give its wealthy clients exposure to digital assets. UBS Could Offer Cryptocurrency Investment Service According to BNN Bloomberg on Monday (May 10, 2021), people knowledgeable with the matter told the news outlet that UBS is exploring different alternatives to offer its clientsRead More дальше »
2021-5-11 23:00 | |
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Bitcoin is less volatile than Tesla and Apple stocks: Binance CEO
Changpeng Zhao, the Binance CEO, says Bitcoin’s volatility cannot be compared to other cryptos. Data shows that Bitcoin (BTC) is less volatile based on its returns. The Binance CEO stated this during an interview with Bloomberg TV on May 3. дальше »
2021-5-10 15:40 | |
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Coinbase Listing May Boost Bitcoin to $70,000 – Bloomberg’s Chief Analyst Says
Coinbase is now a publicly traded company after the grand listing by Nasdaq on 14 April finally went through. In addition to having a direct positive outcome for the largest US-based crypto-exchange in terms of increased valuation and trading volume, the listing also avails Bitcoin to a wider investor pool and is likely to drive […] дальше »
2021-4-15 11:32 | |
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Bitcoin (BTC) Price May Peak at $400,000 This Cycle: Bloomberg Report
Bitcoin is also “replacing old-guard” gold, that too more sudden than gradual as it fulfills the need for a digital reserve asset in a low-yield environment. The post Bitcoin (BTC) Price May Peak at 0,000 This Cycle: Bloomberg Report first appeared on BitcoinExchangeGuide. дальше »
2021-4-8 18:10 | |
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Bitcoin non-allocators may be at greater risk, say analysts
The process of Bitcoin replacing gold in portfolios is accelerating, according to analysts from Bloomberg. A recent market report by Bloomberg explored the question of whether Bitcoin is making gold rThe post Bitcoin non-allocators may be at greater risk, say analysts appeared first on AMBCrypto. дальше »
2021-3-6 14:30 | |
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'Markets want Bitcoin and digital dollar as reserve currency'
In his latest market insight, Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone said that financial markets may now want to replace US Dollar reserves with Digital Dollars and BitcoiThe post 'Markets want Bitcoin and digital dollar as reserve currency' appeared first on AMBCrypto. дальше »
2021-2-23 00:30 | |
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Bitcoin to Move Out of Consolidation Phase; Indicator Signals Downward Trend Is Losing Strength
According to Bloomberg, the GT Vera Convergence Divergence Indicator, which detects trend fluctuations, is signaling that the bear trend of the cryptocurrency may now be coming to an end. While Bitcoin is ranging, altcoins and DeFi tokens are taking this as an opportunity to pump hard. дальше »
2021-2-6 19:53 | |
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JPMorgan Analysts Call for $146,000 Long-Term Bitcoin Price Target
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. дальше »
2021-1-6 16:36 | |
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Bloomberg Senior Strategist: Bitcoin May Turn “Parabolic” In 2021
During 2020, Bitcoin price has risen from a low of $3,800 to $14,100, representing over 250 ROI year-to-date. As strong as this performance has been for the first-ever cryptocurrency, according to a Bloomberg Senior Commodity Strategist, Bitcoin may go “parabolic” in 2021 just like it did in 2017 and 2013. дальше »
2020-11-5 18:00 | |
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Bloomberg: Biden election would be good for Bitcoin, bad for DeFi
Biden's administration may not have the same "hands-off" approach to crypto regulation, contends Bloomberg.
дальше »2020-10-10 19:37 | |
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Bloomberg: Bitcoin ‘has had a tendency of adding zeroes to its price’
Bitcoin may take twice as long to get to $100,000 than previously surmised.
дальше »2020-10-6 22:50 | |
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Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks
Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says.
дальше »2020-9-4 14:42 | |
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Bloomberg’s $20K Bitcoin Prediction May Come True Due to “TINA” Effect
Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. дальше »
2020-7-30 14:00 | |
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First Mover: Bloomberg’s Pie-in-the-Sky Bitcoin Call Looks Directionally Defensible
The $20,000 in 2020 prediction may be overly optimistic, but analysts agree bitcoin is likely heading north. дальше »
2020-6-6 14:53 | |
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Gemini Exchange Brings Crypto Trading to Over 4 Million Samsung Users in U.S., Canada
Winklevoss brothers-backed Gemini cryptocurrency exchange has inked a partnership with South Korean multinational conglomerate Samsung Electronics Co. Per the terms of the partnership, as reported by Bloomberg on May 28, 2020, Gemini’s app will integrate with Samsung’s blockchain wallet to allow users to trade and store digital assets on mobile phones. дальше »
2020-5-30 21:00 | |
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Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength – Bloomberg Analyst
Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength. дальше »
2020-5-7 20:33 | |
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Bitcoin Is Rapidly Transitioning Away From A Risk Asset – Bloomberg Analyst
The number of active Bitcoin addresses is increasing while the volatility which it has always been associated with has begun to decrease, thanks to the macroeconomic context in which the markets are currently immersed, according to Bloomberg’s digital report of May. дальше »
2020-5-7 14:47 | |
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Celo Alliance’s Efforts Supported by Libra Members
An effort to provide credit and facilitate payments for humanitarian aid has found the backing of large institutions such as a16z, Bison Trails, and Anchorage. Bloomberg reports that this may be a contingency plan if Libra goes awry, but the two initiatives don’t have much in common, March 12, 2020. дальше »
2020-3-13 20:00 | |
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Facebook Plans to Redesign Project Libra Due to Regulatory Hurdles
Facebook and the Libra Association are making plans to redesign project Libra in a bid to scale the ending regulatory hurdles that have plagued the global crypto project. Sources say the proposed Libra network may function as a payments network, supporting other cryptocurrencies including central bank digital currencies (CBDCs), reports Bloomberg on March 4, 2020. дальше »
2020-3-4 18:00 | |
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Andrew Yang: The US Needs Consistent Legal Framework for Cryptocurrencies
Democratic Oval Office candidate Andrew Yang thinks the US needs to have a consistent cryptocurrency legal framework if it wants to be a market leader. He made the statement during an interview given to Bloomberg on Thursday, and added that the regulatory situation at the moment is confusing and may bring harm to the people […] дальше »
2020-1-31 20:57 | |
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