Galaxy Digital partners with Bloomberg for DeFi index
According to Bloomberg, the nine DeFi assets selected for the index at launch were based on “institutional trading and custody readiness” in the United States. Go to Source Powered by WPeMatico
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Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
The statement appeared as a takeaway from Blockworks’ Bretton Woods: The Realignment conference that gathered economists, macro analysts, and investors to discuss Bitcoin. Go to Source Powered by WPeMatico
Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts
“If Bitcoin were to catch up to Ethereum’s performance this year, the No. 1 crypto’s price would approach $100,000,” believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence. Go to Source Powered by WPeMatico
Analyst Predicts ‘Refreshed Bull Market’ for Bitcoin, Price Heading Toward $100K
Bloomberg Intelligence analyst Mike McGlone sees “a refreshed bull market” for bitcoin. Comparing the performance of the cryptocurrency to the start of 2019, he explained, “we see performance parallels that could get the benchmark crypto back on track toward $100,000.” Bitcoin Back on Track Toward $100,000 Bloomberg Intelligence published analyst Mike McGlone’s August cryptocurrency outlook … Read more
$13K Bitcoin price predictions emerge with BTC falling below historic trendline
The 50-week simple moving average earlier offered incredible support to Bitcoin’s long-term bullish bias. But bears took it convincingly during the Monday sell-off. Go to Source Powered by WPeMatico
Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto asset could be bracing for a major sell-off. Meanwhile, others are sure the … Read more
‘Discounted’ Bitcoin more likely to hit $100K than $20K in 2021, says Bloomberg analyst
“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone. Go to Source Powered by WPeMatico
Bitcoin in ‘discounted bull market’ unlike stocks — Bloomberg Intelligence
This week’s price dip showed that cryptocurrency has “entered the mainstream,” says analyst Mike McGlone, and the future is likely “tilted in its favor.” Go to Source Powered by WPeMatico
Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage
The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. However, the decision has been reversed after a recently published Bloomberg article. Bitcoin, Ethereum, Dogecoin Were Allowed to Discuss for … Read more
r/Wallstreetbets re-bans crypto discussions following Bloomberg article
Apparently r/Wallstreetbets doesn’t “bow to cryptocurrencies.” Go to Source Powered by WPeMatico
