2021-3-9 17:31 |
Chief commodity strategist at Bloomberg Intelligence says that Bitcoin is pushing out gold as a store of value at a rising pace
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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.
2021-3-6 18:27 | |
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Bitcoin approaches the $1 trillion market cap as the market value of BTC is growing, head of Binance opines to Bloomberg why it is happening
2021-2-19 14:49 | |
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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.
2020-11-4 15:00 | |
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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.
2020-9-25 09:45 | |
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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.
2020-6-21 04:00 | |
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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 […]
2020-6-20 13:00 | |
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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.
2020-6-6 05:30 | |
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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.
2020-5-19 21:20 | |
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It?s been a highly tumultuous year for Bitcoin (BTC), but it?s proving to be a store of value after recent stability, according to Bloomberg analyst Mike McGlone
2020-4-27 17:15 | |
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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.
2020-4-24 20:30 | |
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Bitcoin (BTC) is at risk of soaring inflation due to massive 'money printing,' according to Bloomberg
2020-4-16 10:14 | |
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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.
2020-3-4 14:00 | |
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Today on Bloomberg Markets, CoinList Co-founder and President, Andy Bromberg, spoke about the drop in Bitcoin’s value and how the Bakkt launch is a signal of more comfort about institutions entering the space.
2019-9-28 22:30 | |
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The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank.
2019-9-26 18:52 | |
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The trade war between the United States and China is reaching new highs recently as the Chinese yuan keeps falling in value. Because of this, some signs that Chinese investors are starting to buy Bitcoin are starting to appear these days.
2019-9-7 21:16 | |
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According to an article published by Bloomberg on August 23, the reason why XRP price has been falling during 2019 could be due to a continuous sale of XRP by Ripple. In response, people have started an online petition on change.
2019-8-25 09:00 | |
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According to news published by Bloomberg on August 13, 2019, bitcoin continues to be traded at a premium due to economic uncertainty and political instability in Argentina and Hong Kong, confirming its value in turmoil environments.
2019-8-16 21:00 | |
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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 […]
2019-8-6 17:05 | |
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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.
2019-7-26 19:31 | |
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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.
2019-6-19 23:45 | |
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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.
2019-6-8 19:51 | |
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By CCN: Nothing will get billionaire investor Stan Druckenmiller interested in bitcoin. Specifically, Druckenmiller is not sold on the cryptocurrency being a store of value, according to Bloomberg.
2019-6-4 17:33 | |
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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.
2019-5-31 09:51 | |
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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.
2019-5-25 09:54 | |
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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.
2019-5-24 00:30 | |
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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.
2019-5-21 16:00 | |
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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.
2019-5-21 22:08 | |
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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.
2019-5-20 14:54 | |
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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.
2019-5-19 17:22 | |
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By CCN: Writing for Bloomberg, Michelle Jamrisko and Nguyen Dieu Tu Uyen report Vietnam is at risk of being labeled a currency manipulator. Vietnam is going to be labeled that – by whom? The U.
2019-5-12 16:48 | |
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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.
2019-5-10 15:52 | |
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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.
2019-5-9 14:05 | |
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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.
2019-4-17 20:19 | |
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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.
2019-4-7 00:00 | |
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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 […]
2019-3-21 22:13 | |
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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.
2019-3-13 15:00 | |
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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.
2019-2-28 21:49 | |
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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.
2019-2-28 20:42 | |
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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.
2019-2-22 01:23 | |
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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.
2019-1-29 21:49 | |
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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.
2019-1-23 20:00 | |
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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.
2019-1-23 07:00 | |
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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.
2019-1-23 22:00 | |
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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.
2019-1-8 20:03 | |
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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.
2019-1-3 20:35 | |
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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 […]
2019-1-1 23:50 | |
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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.
2018-12-31 14:19 | |
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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.
2018-12-21 11:29 | |
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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.
2018-12-20 05:15 | |
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