SEC likely to allow Bitcoin futures ETF to trade next week: Reports
The long-awaited launch of a Bitcoin exchange-traded fund could finally arrive on Monday. Go to Source Powered by WPeMatico
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Bitcoin’s $50K resistance to become support in Q4 — Bloomberg commodity strategist
BTC price surged toward $55,000 on Wednesday even as traditional risk assets such as stocks tumbled and the dollar rose. Go to Source Powered by WPeMatico
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit contagion. Credit problems with China’s real estate industry have affected global markets … Read more
Walmart and Litecoin Payment News Debunked by Walmart Spokesperson, LTC Prices Shudder from Fake News
On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after these reports were published, the press release was verified as being “not authentic” by … Read more
Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?
Crypto traders flocked to the safety of stablecoins during the Sept. 7 market crash. Go to Source Powered by WPeMatico
Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts
The declaration appears as Bitcoin pops back above $50,000, with its addition in a Gold-Bond portfolio outperforming the S&P 500 index. Go to Source Powered by WPeMatico
Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K
Following a massive correction, digital assets led by Bitcoin and Ethereum are on track for new highs, according to a new report from Bloomberg. Go to Source Powered by WPeMatico
SEC could approve Bitcoin futures ETF in October, analysts predict
“A launch could come as soon as October, and we believe the SEC should permit several at once to avoid handing out a first-mover advantage,” Bloomberg ETF analysts said. Go to Source Powered by WPeMatico
Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin
Long-dated US Treasury yields are slumping ahead of the Jackson Hole meeting. Go to Source Powered by WPeMatico
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
