2025-12-9 19:48 |
Bloomberg's McGlone is confident that Bitcoin will be the leading indicator for the next recession . origin »
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Bitcoin (BTC) surged above the $28,000 mark on Monday, but amid the elation of this milestone, concerns loom large in the crypto market. Mike McGlone, Commodity Strategist at Bloomberg, shed light on a disconcerting trend that has cast a shadow over the digital asset realm.
2023-10-3 14:00 | |
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McGlone foresees a bleak U.S. economic landscape by year-end, with effects spilling over into stocks that have rebounded
2023-7-12 23:48 | |
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Created after 2008 financial crisis, Bitcoin is now about to face its first real recession in US
2023-6-9 17:25 | |
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According to Bloomberg's senior commodity analyst, BTC is currently untouchable and could go all the way. However he asserts that a recession will likely affect the commodity as well.
2023-4-4 12:07 | |
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Respected Bloomberg senior commodity strategist Mike McGlone has caused waves in crypto markets by going public with his assertion that the crypto market is beginning its first significant recession and indicates there is a long way to go before currencies recover to previous levels.
2023-3-17 18:53 | |
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2023-2-8 20:07 | |
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Mike McGlone believes current crypto recession can end with something good
2023-2-6 11:13 | |
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2023-1-9 20:41 | |
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As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg.
2022-8-8 20:00 | |
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Recession worries seem to be at an all-time high. A barrage of media reports from major financial news outlets like CNBC, Bloomberg, and The Wall Street Journal have filled recent months with fear, uncertainty, and doubt (FUD).
2019-10-13 00:08 | |
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In the eyes of many across the globe, including anti-establishment figures, credited and established economists, and consumers, the macroeconomy could be on the verge of collapse. In fact, in a recent Bloomberg op-ed, Narayana Kocherlakota, the former president of the Federal Reserve’s Minneapolis arm, advised his old employer to prepare for a crisis.
2019-4-16 14:14 | |
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Banking giant JPMorgan Chase predicts that there is a 60 percent chance that a recession will occur by 2020. The big question that arises is whether cryptocurrency may be a solution to existing stores of value.
2018-10-23 20:36 | |
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According to a model tracked by JPMorgan Chase & Co. , a US recession is becoming increasingly likely. Researchers from the New York-based finance giant told Bloomberg that there is about a 28% chance of a recession arriving within the next year, and a more than 60 percent chance of one occurring over the next two years.
2018-10-23 17:54 | |
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Cryptocurrency, Bitcoin (BTC), U. S. Markets–On Oct 18, Bloomberg ran a report on a model produced by large financial institution JPMorgan claiming that the U. S. market has a 60 percent chance of entering a recession over the next two years, leading some to wonder how such a shift would impact the industry and marketplace of cryptocurrency.
2018-10-23 04:29 | |
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