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Kraken CEO on Bitcoin: “It’s Going to Infinity”
In an interview with Bloomberg, Kraken CEO and founder Jesse Powell gave a perplexing prediction of Bitcoin’s future value: “When you measure it in terms of dollars, you have to think it’s going to infinity. дальше »
2021-3-6 18:27 | |
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“I am now bullish on Bitcoin”—Bloomberg newsletter talks institutional mania
A Bloomberg newsletter described Bitcoin as a “way of disintermediating the existing financial system. ” It comes as the perception of BTC as a store of value is continuing to strengthen amidst rising institutional demand. дальше »
2020-11-4 15:00 | |
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Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what one pundit described as “fake” breakouts. дальше »
2020-9-25 09:45 | |
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Some Ethereum DeFi Users Are Making 100% APY But There Are Multiple Risks
Unlike Bitcoin, which has stalled in the low-$9,000s, Ethereum-based decentralized finance (DeFi) has seen exponential growth over the past few weeks. Camila Russo, a former Bloomberg journalist turned Ethereum publicist, noted on June 19th that the amount of value locked in DeFi applications is up 40% in the past seven days alone. дальше »
2020-6-21 04:00 | |
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Ethereum Could Soon “Rally Hard” as DeFi Hits Escape Velocity: Fund Manager
The past few days and weeks have seen Ethereum’s decentralized finance ecosystem erupt higher. As Camila Russo, a former Bloomberg journalist turned Ethereum publicist, accentuated this when she noted on June 19th that the past week has seen the value of tokens locked in DeFi applications surge by 40% to $1.4 billion. Some are skeptical […] дальше »
2020-6-20 13:00 | |
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Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value. дальше »
2020-6-6 05:30 | |
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Hedge Fund Managers Bet on Gold as Store of Value Assets Shine
Hedge funds are flocking to store-of-value assets even as the stock market continues to rise. According to a report in Bloomberg, sophisticated traders are hedging their bets against rising inflation and are investing in gold. дальше »
2020-5-19 21:20 | |
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Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report
Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin. дальше »
2020-4-24 20:30 | |
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Bitmain Crypto Subsidiary Matrixport Seeking to Raise $40M
Matrixport, a crypto assets financial services startup launched by Bitmain Technologies co-founder Wu Jihan, plans to raise $40 million in a funding round that would value it at $300 million, people familiar with the matter told Bloomberg. дальше »
2020-3-4 14:00 | |
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Like Gold, Bitcoin Is A Safe Haven During Economic Turbulence, Says Former UBS Managing Director
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 […] дальше »
2019-8-6 17:05 | |
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Should Hedge Fund Managers Try Bitcoin? Bill Miller Thinks So
In December 2017, veteran investor Bill Miller took a risky decision to allocate half of his hedge fund to bitcoin. One and a half year later, the risk is paying off well. Miller Value Partners registered 46 percent profits in the first half of 2019, reported Bloomberg. дальше »
2019-7-26 19:31 | |
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Fundstrat’s Thomas Lee Considers Grayscale Bitcoin Trust Running Up In Value With BTC Price
Grayscale Bitcoin Trust And Bitcoin Could Surge As recently released by Bloomberg, Fundstrat’s latest report suggests that a higher Bitcoin price is currently being supporter by market transparency and integrity. дальше »
2019-6-19 23:45 | |
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Bloomberg Selects A Ranking Of Top Cryptocurrencies, Which Were The Winners?
Bloomberg’s Selected Virtual Currencies Bloomberg has recently released an article in which they have chosen the best virtual currencies in the market during the last few months. They have also selected losers for this contest. дальше »
2019-6-8 19:51 | |
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Bitcoin Adoption Is Ghost: Hardly Anyone Uses BTC for Payments, Bloomberg Says
An analytical company Chainalysis shows that hardly anyone utilizes Bitcoin as means of payment, preferring to see it as a store of value and ‘hodl’ In spite of the recent massive price surge, Bitcoin seems. дальше »
2019-5-31 09:51 | |
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Bitcoin Bulls Count on 2020 Halving to Give BTC Price Massive Push: Bloomberg
Bitcoin halving takes place every few years to prevent Bitcoin value from inflation, analysts and bulls point out that after each of those events Bitcoin price experienced a substantial rally Halving or ‘halvening’ happens every. дальше »
2019-5-25 09:54 | |
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Bitcoin [BTC] trumps gold as choice of store of value among millennials, says President of ETF Store
In a recent interview with Bloomberg experts, Nate Geraci, President of ETF Store, while talking about the Bitcoin ETF approval, hinted that younger clients were moving towards Bitcoin citing better investments. дальше »
2019-5-24 00:30 | |
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JPMorgan: Bitcoin Set for Another Boom and Bust Cycle
A recent study by JP Morgan reveals that bitcoin’s recent price pump has caused the coin to surpass its intrinsic value. Per a report on Bloomberg, March 20, 2019, the strategists, however, warn that the BTC price surge echoes 2017’s bull rally which saw the market crash afterward. дальше »
2019-5-21 16:00 | |
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Bitcoin’s Rise in Price is Currently Beyond Fair Value – JPMorgan
Some strategists which include the global market strategist at JPMorgan, Nikolaos Panigirtzoglou, think Bitcoin sudden rapid rise in price is not right. According to a report of the analysis by Bloomberg, there are signs Bitcoin price is following the same trends as in 2017, which will likely lead to a collapse. дальше »
2019-5-21 22:08 | |
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Bitcoin’s price has pumped beyond its ‘intrinsic value,’ JPMorgan says
Banking behemoth JP Morgan Chase & Co. has taken another shot at Bitcoin, claiming the cryptocurrency‘s latest rally has pushed its price beyond its “intrinsic value. ” “Over the past few days, the actual price has moved sharply over marginal cost,” JPMorgan analysts wrote in a note obtained by Bloomberg. дальше »
2019-5-20 14:54 | |
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Current Bitcoin Price Rally Is Different From Past BTC/USD Value Increases: Accessing 18 Months of Change
Barry Silbert, the founder and CEO of the Digital Currency Group, has recently been talking to Bloomberg about the crypto market and Bitcoin (BTC). The digital currency has recently increased its price and it has been operating positively. дальше »
2019-5-19 17:22 | |
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A Group of Major Crypto Traders Reportedly Considers Scammer Blacklist
Several major cryptocurrency traders have reportedly begun discussing plans to enact an industry-wide blacklist of suspicious actors, to stem the tide of scams, theft and fraud in the crypto space. дальше »
2019-5-10 15:52 | |
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Bitcoin Price Slingshot Will Follow Bitter Struggle Near $6,000: Mike Novogratz
By CCN: After hitting a new 2017-high, bitcoin price could struggle around $6,000 before moving higher, according to Mike Novogratz. The billionaire chief executive officer of Galaxy Investment Partners LLC said bitcoin was the only store of value while the rest of the cryptocurrencies still had to prove their particular use-cases. дальше »
2019-5-9 14:05 | |
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Key Dow Stocks Are Plunging – Blame Bernie Sanders
By CCN: The Dow and broader US stock market struggled to sustain any positive momentum on Wednesday, as key health-care stocks flirted with their worst declines of 2019. The culprits? “Medicare for All” and its would-be harbinger, Bernie Sanders. дальше »
2019-4-17 20:19 | |
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Bitcoin Price: Why the Nasdaq Dotcom Bubble Suggests BTC Will Surge 200%
The Nasdaq, which plunged in value following both the dotcom bubble and financial crisis, more than doubled in value in the following five years of post-bubble recovery. Like the Nasdaq, bitcoin could recover rapidly in the medium-term, analysis suggests. дальше »
2019-4-7 00:00 | |
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Two Indices Launch On Nasdaq, Bloomberg And Reuters By CoinMarketCap To Track Cryptocurrencies
Two Indices Launched On Nasdaq, Bloomberg, And Reuters By CoinMarketCap To Track Cryptocurrencies CoinMarketCap is well known as the go-to source for current and past values of each crypto asset. The data found on here can describe up to a year of being on the market and will show the percentage that the value has […] дальше »
2019-3-21 22:13 | |
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Here’s Why Bitcoin’s Price Could Be Losing Steam According to Bloomberg
Throughout the last 30 days, Bitcoin price, has managed to gain around $300 or roughly around 8 percent of its value. Toward the end of February, the cryptocurrency even peaked to around $4,200, only to dip to $3,800 on the same day. дальше »
2019-3-13 15:00 | |
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Apple Co-Founder Steve Wozniak Rips Mark Zuckerberg, Pumps Bitcoin
Apple co-founder Steve Wozniak is not a crypto investor, but praised bitcoin for its “massive value creation. ” He also trashed Facebook CEO Mark Zuckerberg, saying he lost respect for the billionaire amid the social media monopoly’s epic data-breach scandal. дальше »
2019-2-28 21:49 | |
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Steve Wozniak: Bitcoin (BTC) has Seen “Massive Value Creation”
Bitcoin (BTC)–Apple Co-Founder Steve Wozniak had positive words for the growth of Bitcoin in an interview with Bloomberg published on Feb. 26. According to the tech legend, who has been a staunch supporter for Bitcoin. дальше »
2019-2-28 20:42 | |
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So Far, Only Two Businesses in Ohio Have Used Bitcoin to Pay Taxes
According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme. дальше »
2019-2-22 01:23 | |
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Bitcoin Failed as a Safe Haven to the U.S. Stock Market: JP Morgan Analyst
Bitcoin has fared poorly as a store of value asset in the past decade, according to John Normand. The head of JPMorgan’s cross-asset management unit told Bloomberg that gold was a better hedge than Bitcoin since July 2010. дальше »
2019-1-29 21:49 | |
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Coinbase still Long on Bitcoin as CEO Investigates Details for Creating Value
There are many cryptocurrency traders, investors, and enthusiasts that might have grown tired of Bitcoin price predictions, given the fact that the markets are so volatile. For example, Tom Lee of Fundstrat Advisors, who has frequently appeared on popular media platforms such as Bloomberg and CNBC, gave various incorrect predictions about the price of Bitcoin before ultimately abandoning the prediction. дальше »
2019-1-23 20:00 | |
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Bloomberg: Bitcoin (BTC) Gearing Up For “Short-Term Rally” After Market Turmoil
Oversold Bitcoin (BTC) Could Rally, Claims Bloomberg Analyst Bitcoin (BTC) has struggled in recent days, that’s no secret. Case in point, the value of cryptocurrencies has undergone drastic price fluctuations in recent days, with assets gaining and losing a handful of percentage points in a few hours’ time. дальше »
2019-1-23 07:00 | |
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Bank of England Senior Advisor: Cryptocurrencies Neither a Good Store of Value nor a Medium of Exchange
Huw van Steenis, the senior advisor to Bank of England (BOE) Governor Mark Carney believes that cryptocurrencies “fail fundamental tests” to compete with the traditional financial market institutions, reports Bloomberg on January 21, 2019. дальше »
2019-1-23 22:00 | |
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Japan Explores Bitcoin ETF but Demand for Product is Mysterious
Japan’s financial watchdog could embrace exchange-traded funds that track the value of Bitcoin and similar digital asset classes, Bloomberg reported. The Financial Services Agency (FSA), according to an anonymous source, has been exploring Bitcoin ETFs on the sidelines of its disapproval of the Bitcoin futures and Ethereum derivatives. дальше »
2019-1-8 20:03 | |
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Lou Kerner Says Bitcoin Can Reach $100,000 if BTC Becomes a Store of Value
It seems that 2019 starts with positive comments from individuals in the cryptocurrency world. Lou Kerner, a partner at CryptoOracle and a recognized influencer in the space, believes that Bitcoin could reach new all-time highs in the future. дальше »
2019-1-3 20:35 | |
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Analyst Describes How Bitcoin (BTC) Can Hit $100K By Being A Better Store Of Value Than Gold
Analyst Talk About How BTC Could Hit $100K By Being A Better Store Of Value Than Gold For most people, BTC use case is not quite clear. However, a lead investor recently explained on Bloomberg that BTC is a store of value at its most basic. He even claimed it was better at this than […] дальше »
2019-1-1 23:50 | |
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Analyst: How Bitcoin Could Breach $100K As Better Store of Value Than Gold
For many average Joes, Bitcoin’s use case is viewed as nebulous, a concept squirreled off in the ether by crypto’s pundits. Yet, a leading investor took to Bloomberg to accentuate that Bitcoin (BTC) is fundamentally a store of value (SOV), and one that is even better than gold, the de-facto king of investments for millennia. дальше »
2018-12-31 14:19 | |
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WhatsApp could be getting its own cryptocurrency
Kik might not be the only messaging app to support cryptocurrency payments if Facebook’s latest dream comes true. According to people close with the matter, the social media behemoth is looking to develop a cryptocurrency that enables WhatsApp users to transfer money to each other, reports Bloomberg. дальше »
2018-12-21 11:29 | |
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Analysis: Crypto Investors Have Been Buying The Bitcoin (BTC) Dip
Bitcoin “Fans” Stockpiling Amid Dip Although many have claimed that cryptocurrencies, namely Bitcoin (BTC), have finally bitten the dust in 2018’s market downturn, data indicates that many investors still see copious amounts of value in blockchain-based assets. дальше »
2018-12-20 05:15 | |
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Bitcoin Price Recovers Above $3.7K as Novogratz Predicts No Further Losses
Cryptocurrency merchant bank Galaxy Digital CEO Mike Novogratz repeated his faith in the Bitcoin price December 18, forecasting no further big losses. Novogratz: ‘This Isn’t Tulips’ In an interview with Bloomberg, the investment mogul said he was “fairly convinced” a “digital store of value” would emerge for the world, and that it would be Bitcoin. дальше »
2018-12-19 13:00 | |
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Mainstream Media is Having a Moment with Crypto, Becoming Increasingly Negative on Bitcoin
Everyone knows that virtual currencies and Bitcoin had a bad 2018 when we have a look at the value of digital assets. Mainstream media seems to be very negative about the space and has been writing a lot of FUD around cryptocurrencies. дальше »
2018-12-17 03:48 | |
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Market Analyst Tom Lee Says ‘Fair’ Price of Bitcoin is Over $13K
Fundstrat Global Advisors Head of Research, Tom Lee, holds that the current price of Bitcoin is wrong based on a range of factors. The BTC permabull has also refused to give any further price predictions. дальше »
2018-12-14 14:00 | |
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Bitcoin Should Be Worth $14,800 Judging By Market Metrics: Tom Lee
Bitcoin’s current value is $3,312 but according to Tom Lee, it should be between $13,800 and $14,800. The ever-so-vocal Bitcoin bull believes that the currency is grossly undervalued and believes last year’s meteoric rise could be one of the reasons. дальше »
2018-12-14 02:09 | |
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Only Bitcoin Gets to Be a ‘Legal Pyramid Scheme’ Like Gold, Says Mike Novogratz
Bitcoin proponent and former Wall Street hedge fund manager Mike Novogratz remains optimistic despite the prolonged 2018 bear market. The investor holds that Bitcoin will become “digital gold” – a store of value in the same sense gold is. дальше »
2018-12-12 21:00 | |
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