‘Ethereum only’ investors are growing, according to Grayscale
The asset manager says Ethereum’s mass appeal is growing. Go to Source Powered by WPeMatico
Bloomberg
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Bloomberg’s McGlone thinks Bitcoin could hit $170K over the next two years
Bitcoin could hit all-time high prices then consolidate like gold, according to the analyst. Go to Source Powered by WPeMatico
CZ: Binance traders find ‘intelligent’ ways to circumvent US block
CZ admits it’s not always easy weeding out US traders from the global Binance exchange. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. The latest rout saw BTC crash … Read more
Bloomberg suggests that Bitcoin should be $15,000 according to this adoption metric
Their belief seems to be that Bitcoin is destined to appreciate unless these key indicators reverse themselves. Go to Source Powered by WPeMatico
Bitcoin will continue appreciating, although at a slower pace than in the past, Bloomberg analyst explains
According to senior commodity strategist at Bloomberrg Mike McGlone, Bitcoin’s limited supply and increasing adoption will lead to steady, although gradual, appreciation. Go to Source Powered by WPeMatico
Bloomberg: Correlation between Bitcoin and gold reaches its highest level in 10 years
But that may not mean what you think it means. Go to Source Powered by WPeMatico
Bloomberg: Bitcoin could hit $500k or drop to zero
Limited supply and increasing demand are pushing Bitcoin into becoming digital gold. Go to Source Powered by WPeMatico
