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Facebook and JP Morgan’s tryst with digital assets legitimizes crypto-industry, claims Bitpay’s Singh
With all the focus firmly pegged on the price chart of Bitcoin [BTC], the case for mainstream financial and technology institutions veering towards the digital assets realm is often forgotten. Bitpay’s Sonny Singh however, claims that this very adoption is buoyant for the industry as it brings legitimacy. дальше »
2019-5-29 16:30 | |
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3 Reasons Why Bitcoin Will Hit $30K by End of 2019
Jehan Chu of Kenetic lays out three reasons why Bitcoin price will reach a new all-time high (ATH) of $30,000 before the end of 2019. Three Reasons For a New ATH in 2019 Speaking to Bloomberg TV on Tuesday (May 28, 2019), the Kenetic co-founder highlighted three important factors that will drive Bitcoin to a new ATH. дальше »
2019-5-29 23:00 | |
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Fund Manager Predicts Bitcoin Will Hit $30k By Year End, Gives Three Reasons
Jihan Chu, Kenetic Capital co-founder, in an interview with Bloomberg has made a prediction on Bitcoin’s price tag by the end of the year. According to Chu, Bitcoin will hit a high of $30,000 by the end of the year. дальше »
2019-5-28 16:09 | |
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3 Killer Reasons Bitcoin Price Will Smash $30,000 Before 2020: Fund Manager
By CCN: Bitcoin price will hit $30,000 by the end of 2019, according to Kenetic Capital co-founder Jihan Chu. In an interview with Bloomberg, he points to three bullish factors including the upcoming bitcoin halving, the disappointment of tech IPOs, and the likes of Facebook and Fidelity embracing crypto. дальше »
2019-5-28 12:02 | |
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Key Bullish Technical Signal Predicts Bitcoin Price Is Approaching $12,000
By CCN: The minor bitcoin price rally which Bloomberg initially rejected as an April Fools’ joke has metamorphosized into a laughter riot. The world’s leading cryptocurrency has surged as much as 116. дальше »
2019-5-28 05:00 | |
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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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EOS to Return over 6,500% to Early Investors in Biggest Buyback Yet: Report
Block. one, the company behind EOS cryptocurrency, is set to return as much as 6,567% to some of its early investors in a buyback project. According to a report by Bloomberg, EOS will defy the market and reward those who believed in it during its early days. дальше »
2019-5-22 18:10 | |
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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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3 Reasons The Current Bitcoin Price Rally is Fundamentally Different
Barry Silbert, Digital Currency Group founder and CEO, has been talking to Bloomberg about the latest Bitcoin resurgence. In particular, he discussed the factors making this time fundamentally different from rallies following previous drawdowns. дальше »
2019-5-18 14:00 | |
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Report: Mass Withdrawals from Exchanges Could be Behind Bitcoin’s Price Rally
Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. дальше »
2019-5-17 20:00 | |
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European Central Bank Policymaker Backs Stablecoins over Bitcoin
European Central Bank policymaker Francois Villeroy de Galhau believes that stablecoins can play an important role in the financial system as they aren’t as volatile as Bitcoin and other cryptocurrencies, reported Bloomberg, May 15, 2019. дальше »
2019-5-16 09:00 | |
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ShapeShift CEO Erik Voorhees Wants Whole World in Crypto’s Big Tent
By CCN: With the bitcoin price trading above $8,000 once again, the mainstream financial media has once again taken an interest in cryptocurrencies. ShapeShift CEO and Founder Erik Voorhees was featured in an interview with Bloomberg where he confronted the bitcoin bubble debate and regulation. дальше »
2019-5-16 04:30 | |
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Bitcoin Price Boom Resurrects Once-Feverish Penny Stocks
By CCN: The feverish Bitcoin price rally appears to be spilling over into the stock market, where ice-cold blockchain stocks are once again showing signs of life – and investor FOMO. Bloomberg’s Bailey Lipschultz notes that at least one penny stock has capitalized on the recent Bitcoin bull market. дальше »
2019-5-15 21:43 | |
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Bitcoin Price Rages Near $7,500 – Triggered by the US-China Trade War?
By CCN: U. S. President Donald Trump announced a trade war with China Friday, hiking tariffs on $200 billion worth of Chinese exports from 10% to 25%. On the same day, the bitcoin price extended its uptrend after jumping above $6,000. дальше »
2019-5-13 17:30 | |
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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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Fidelity Crypto Trading Creates ‘Best News’ Scenario for Surging Bitcoin Price
By CCN: Fidelity, one of the world’s largest investment firms with almost $7 billion customer assets, will reportedly launch a cryptocurrency trading platform “within weeks. ” The bitcoin trading service is aimed at institutional investors and will come complete with high-grade custody. дальше »
2019-5-7 18:10 | |
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Billionaire Remains Bitcoin-Drunk Despite Crypto Firm’s Insane $272 Million Loss
By CCN. com: According to a Bloomberg report, billionaire investor Mike Novogratz’s Galaxy Digital Holding Ltd. lost more than $272 million in 2018 amidst an intense crypto bear market. From January to December 2018, the valuation of the crypto market dropped from $813 billion to $113 billion by 86 percent as the bitcoin price crashed from its peak at $20,000 to $3,150. дальше »
2019-4-30 22:10 | |
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CME Sees Bitcoin Futures Reaching New Highs, Analyst Affirms BTC Operates on Buzz
The price surge in the Bitcoin market has boosted the Bitcoin futures market as well, at least what Bloomberg recently reported. Last week, CME Bitcoin futures reached a record of 22,542 contracts. As each contract is worth 5 BTC, this is the equivalent of 112,710 BTC (around $546 million USD). Asian markets traded more than […] дальше »
2019-4-11 00:56 | |
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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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Has The Bitcoin (BTC) Bear Trend Officially Ended?
It isn’t a secret that last week’s price action has some convinced that the year-long crypto bear trend is coming to a head. In fact, Fundstrat’s in-house Bitcoin (BTC) optimist, Tom Lee, recently told Bloomberg that he adamantly believes that the cryptocurrency market can now be classified as a bull market, looking to the 200-day. дальше »
2019-4-7 00:00 | |
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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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Bitcoin’s [BTC] surge above $5,000 fuels bullish movement in crypto-linked stocks
Bitcoin, the largest cryptocurrency in the crypto world, saw a new bullish trend earlier this week which led the price of the coin to pump above the $5,000 resistance, along with other cryptocurrencies. дальше »
2019-4-5 20:30 | |
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People Are ‘Waking Up’ – 40% Drop in Dormant Wallets Fueling Bitcoin Rally
The latest surge in Bitcoin price may have been caused by increased activity across the board as the number of active wallets has risen by as much as 40-60 percent, according to the latest data and industry analysts. дальше »
2019-4-5 19:30 | |
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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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Algo-Based Trading Might Have More Impact on Crypto Prices Than Expected
According to a report published by Bloomberg on April 3, 2019, algorithmic hedge funds might be the agents that have caused the price of bitcoin to skyrocket in the past couple of days. Algorithms May Have Caused Potential Price Jump Bitcoin, the premier cryptocurrency which accounts for roughly 50 percent of the total market capRead MoreRead More. дальше »
2019-4-4 21:00 | |
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Is Brexit Chaos Lifting Bitcoin Out of the Bear Market?
Bitcoin price breaking $5,000 has everyone and their mum scrambling around to work out what might have caused it. Let’s take a look at some of the key contenders (Brexit included), before settling this once and for all. дальше »
2019-4-4 19:00 | |
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Number of Active BTC Wallet Addresses Rose Substantially Before Bitcoin Spike
Bitcoin is getting a lot of attention for the recent jump in price, but the fact that there was already a growing number of active wallets prior to the boost. In the last two weeks, Bloomberg reports that, while there is usually about 50% of Bitcoins that reside in inactive wallets for around six months […] дальше »
2019-4-4 04:53 | |
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Bloomberg Believes Bitcoin’s Recent Renaissance Rally Could Be Fuelled By Algorithmic Trading
As you may know, this week is seeing the crypto market finally reborn. After spending a lot of time at the $4,000 US mark, the price of Bitcoin has finally reached the $5,000 USD levels once more and crypto traders all over the world rejoiced. дальше »
2019-4-4 01:55 | |
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Load The FUD: Is Bloomberg Intentionally Ignorant When It Comes to Bitcoin?
Bloomberg Opinion’s Europe columnist isn’t buying the Bitcoin price pump, and he thinks you shouldn’t either — but what’s he really on about? The price of Bitcoin (BTC) surged to slightly above $5,000 yesterday morning, which was cause for celebration for many Bitcoin bulls looking for signs of a market bottom. дальше »
2019-4-3 11:00 | |
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‘Doesn’t Seem Like Too Many People are Selling’ – Says Bitcoin Market Analyst
Today, Europeans woke up to a big green candle on the Bitcoin (BTC) charts. Naturally, everyone wants to know why. Searching For Reasons In All The Wrong Places Everyone has their reasons for Bitcoin’s morning pump, of course. дальше »
2019-4-2 14:00 | |
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Bitcoin Price: Technical Flags Scream ‘Buy!’ as Market Nears Key Level
Bitcoin continues to grind higher, and on Monday the flagship cryptocurrency hit its highest level in 2019. Many investors are stuck in the past looking at the wild volatility brought on by excessive speculation, and ignoring that right here right now, the Bitcoin price is showing maturity and stability – and could be primed for a major boom. дальше »
2019-4-2 00:36 | |
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Dow to Open Gloomily as Global Economy Worsens; 3 Factors Can Reverse Trend
On Friday, the Dow Jones Industrial Average plummeted from 25,844 to 25,502 by 1. 3 percent within a span of hours following the inversion of the Treasury yield curve for the first time since 2007. дальше »
2019-3-25 08:21 | |
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CoinMarketCap Indices Listed on Bloomberg, Nasdaq
CoinMarketCap, a cryptocurrency price index and one of the most popular crypto websites by traffic volume, has announced the launch of two cryptocurrency indices on Bloomberg Terminal, Nasdaq Global Index Data Service, as well as. дальше »
2019-3-21 03:45 | |
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Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, TRON, Cardano: Price Analysis, March 13
Bloomberg analysts recently reported that the Bitcoin price could soon move southward. What do the charts point to? Let’s find out
дальше »2019-3-14 22:34 | |
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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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Bitcoin Price May Re-enter Bear Market, Warns Analyst (As Altcoins Gain Favor)
The Bitcoin (BTC) price may soon resume its downward trajectory despite mounting technical robustness, an analyst has claimed. ‘Ripe To Resume Lower Prices’ Bloomberg Intelligence analyst Mike McGlone identified diminishing daily returns this month, suggesting an imminent continuation of Bitcoin’s bear market. дальше »
2019-3-13 13:00 | |
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Bloomberg: Key Indicators Show Bitcoin Price Could be Losing Steam
A recent report from Bloomberg states that key Bitcoin price indicators point to another downtrend in the future
дальше »2019-3-13 04:35 | |
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Bitcoin Price Rally Could be on Last Legs, Bloomberg Analyst Warns
A key market indicator shows that the Bitcoin price rally may be losing steam. According to Bloomberg, “Bitcoin’s Moving Average Convergence Divergence indicator has been steadily falling since mid-February. дальше »
2019-3-13 00:30 | |
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Tencent Slashes at $271 Billion Stock Slump with Massive 50% Recovery
Tencent, the world’s largest gaming company and one of the biggest social media service owners, saw its stock plummet in 2018, costing investors as much as $271 billion in losses. Tencent shares are now seeing a massive recovery fueled by opportunities from “Fortnite” and “Apex Legends” in China’s booming gaming sector and improving sentiment in the domestic stock market. дальше »
2019-3-7 21:36 | |
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Bitcoin Price Spiked 11% in February But Could Tank & Hit New Lows
The bitcoin price posted its first monthly gain in February after a dismal seven-month drought. However, technical analysis suggests the original cryptocurrency could crater to new lows because a downtrend appears to be forming. дальше »
2019-3-3 14:19 | |
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Taking a Critical look at the Satis group Cryptocurrency Future Price Prediction Report
In the week, the Bloomberg cryptocurrency report captured a bold cryptocurrency price predictions by the Satis group for the next ten years. The report captured a good market performance for some cryptocurrencies and surprisingly predicted doom for many other digital assets. дальше »
2019-2-27 10:08 | |
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Bloomberg Shows Complete Misunderstanding of JPM Coin Crediting It with Bitcoin Price Rise
CoinSpeaker Bloomberg Shows Complete Misunderstanding of JPM Coin Crediting It with Bitcoin Price Rise Bitcoin and other cryptocurrencies have nothing to be afraid of. Bloomberg's recent report has been officially refuted, as JPM Coin is not even a crypto. дальше »
2019-2-21 13:42 | |
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