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Bloomberg Analysts Cite ‘Bullish Implications’ For Bitcoin and Ethereum as Markets See Meteoric Upsurge
Key Takeaways Bloomberg is most bullish for Bitcoin and Ethereum. Their overall market utility is cited as a driving factor. Ethereum remains a key beneficiary of the increased use of stablecoins The cryptocurrency market took a hit early this year, but the coming months might lead the market toward the light at the end of […] дальше »
2022-2-15 14:46 | |
Bloomberg Outlines Bullish Catalysts For US Spot Bitcoin ETF Approval And Crypto Regulation
Key Takeaways Despite the SEC delaying ETFs, Bloomberg analysts see room for more adoption in the coming months. More Crypto adoption is also expected to enter the US market. Crypto adoption in the United States is facing major pushback from policymakers, who had in time past put a strain on the level to which crypto […] дальше »
2022-2-13 22:06 | |
Bloomberg Analysts Envision Ethereum Crashing To $1,700 In The Short-Term
Bloomberg has denoted its bearish views on Ethereum (ETH). In its recent Intelligence report, Bloomberg analysts predict that Ethereum could drop to as low as $1,700. However, the drop might be followed by an upward correction. дальше »
2022-2-11 21:49 | |
Deflationary Crypto Assets Perform in 2022 Amid Inflation Woes: Bloomberg Outlook
Analysts at Bloomberg have eyed deflationary crypto assets such as Ethereum as maintaining bullish momentum throughout the upcoming year. The post Deflationary Crypto Assets Perform in 2022 Amid Inflation Woes: Bloomberg Outlook appeared first on BeInCrypto. дальше »
2021-12-13 15:42 | |
Not waiting around for the SEC, Fidelity will launch a spot Bitcoin ETF in Canada
Fidelity Investments will be launching its spot Bitcoin ETF in Canada this week, according to Eric Balchunas, Senior ETF Analysts at Bloomberg, who broke the news on Twitter. The post Not waiting around for the SEC, Fidelity will launch a spot Bitcoin ETF in Canada appeared first on CryptoSlate. дальше »
2021-12-2 19:00 | |
Shiba Inu Price Holding Support as the FUD Continues
Shiba Inu’s price continues to hold the $0. 000049 support level amid FUD from major news outlets like Coindesk and Bloomberg. With the Metaverse trend picking up, some analysts are turning their backs on crypto’s meme coin sector, claiming that a “purge” of joke coins will be a good thing for the cryptocurrency industry. дальше »
2021-11-18 05:01 | |
Bloomberg Analysts Say An Ethereum Futures ETF Is Likely To Be Approved Before A Physically-Backed Bitcoin ETF
Market participants waiting earnestly for the approval of a Bitcoin spot exchange-traded fund (ETF) may have to put off their expectations for a while. According to a Bloomberg Intelligence analysis, the market is more likely to see an Ethereum futures ETF given priority by the U. дальше »
2021-11-9 20:07 | |
Why $90,000 Is The Most Cited Level For Bitcoin’s Next Blockbuster Price Move
Bitcoin is headed for the $90,000 to $100,000 price mark according to Bloomberg analysts. The big bull is facing minor drawbacks as volatility rises. The 4th quarter remains as promising to Bitcoiners as it is uncertain for skeptics. дальше »
2021-10-27 01:53 | |
Highly-Anticipated U.S. Bitcoin ETF Likely To Launch In October, Bloomberg Analysts Predict
Eric Balchunas and James Seyffart – Bloomberg’s in-house ETF analysts – on Tuesday published an investor note that predicts that a Bitcoin ETF approval may likely arrive in October. They suggest that the recent Ethereum futures ETF withdrawal that ProShares and VanEck made could be an indicator that things are beginning to move rapidly in […] дальше »
2021-8-28 00:04 | |
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. дальше »
2021-8-25 11:42 | |
Bitcoin Set To Outperform In Second Half Of 2021, Bloomberg Analyst
As Bitcoin continues its tumultuous run through the market, analysts continue to see big things in store for the cryptocurrency. Bloomberg analyst Mike McGlone recently said in the August Edition of the Bloomberg Galaxy Crypto Index (BGCI) that the coin was set to outperform in the second half of the year. дальше »
2021-8-6 02:00 | |
JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall
Analysts at US bank JPMorgan say the Bitcoin (BTC) market is showing signs of weakness, as per a report on financial news outlet Bloomberg. The post JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall appeared first on CryptoSlate. дальше »
2021-4-21 13:09 | |
Bloomberg Analysts Unlock New Ultra-Bullish Bitcoin Price Prediction For 2021
Bitcoin’s second-quarter price predictions reveal that observers and analysts were only scratching the surface months ago, when they betted on Bitcoin leaping only a few dollars higher than its current price. дальше »
2021-4-10 12:40 | |
Bitcoin non-allocators may be at greater risk, say analysts
The process of Bitcoin replacing gold in portfolios is accelerating, according to analysts from Bloomberg. A recent market report by Bloomberg explored the question of whether Bitcoin is making gold rThe post Bitcoin non-allocators may be at greater risk, say analysts appeared first on AMBCrypto. дальше »
2021-3-6 14:30 | |
Analysis Shows Bitcoin Whales Are Stockpiling, but ‘BTC Ownership Is Not Highly Concentrated’
During the last few months, a few reports from mainstream media (MSM) outlets tried to prove that a large sum of bitcoin is controlled by a small group of people. Recently, Bloomberg claimed that “2% of accounts control 95% of all bitcoin,” a claim that doesn’t hold weight to onchain analysts. On Tuesday, Glassnode researcher […] дальше »
2021-2-4 20:00 | |
JPMorgan Analysts Call for $146,000 Long-Term Bitcoin Price Target
With the increased institutional adoption of Bitcoin due to worldwide economic and social factors, the leading cryptocurrency can no longer be ignored. According to JPMorgan analysts via Bloomberg, gold may continue to lose market share: “Bitcoin may have the potential for substantial further gains over the long term as it competes with gold for investment … Continued The post JPMorgan Analysts Call for $146,000 Long-Term Bitcoin Price Target appeared first on BeInCrypto. дальше »
2021-1-6 16:36 | |
$50K BTC in 2021? Bloomberg Analysts Join the ‘Traditional Onslaught’ Driving Bitcoin’s Rally
A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset. дальше »
2020-12-6 17:00 | |
Bitcoin’s Fixed Supply Makes The Primary Beneficiary In Times Of High Fiat Inflation- Bloomberg’s Strategist
Bitcoin’s YTD performance of 45.95% in 2020 is impressive despite high volatility and underperformance in comparison to other digital assets like Ethereum and DeFi tokens. However, as the most dominant coin in the crypto market, Bitcoin serves as the point of reference for analysts’ evaluation of the crypto market vs. the traditional market. In a […] дальше »
2020-9-25 17:02 | |
Why a Bloomberg Analyst Thinks Bitcoin Is “Tilted” Towards Rallying Even Further
Bitcoin’s rally has stalled after hitting $12,500 on Monday. As of this article’s writing, the price of the leading cryptocurrency is $11,800. This is $700 shy of the local high. The recent drop has scared some analysts, with some arguing that a drop towards the $10,000 is possible. дальше »
2020-8-21 15:00 | |
Bloomberg’s $20K Bitcoin Prediction May Come True Due to “TINA” Effect
Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. дальше »
2020-7-30 14:00 | |
First Mover: Bloomberg’s Pie-in-the-Sky Bitcoin Call Looks Directionally Defensible
The $20,000 in 2020 prediction may be overly optimistic, but analysts agree bitcoin is likely heading north. дальше »
2020-6-6 14:53 | |
Bloomberg Analysts Reveal Why Bitcoin Is Likely to Retest Highs of $20k This Year
According to Bloomberg analysts, the price of Bitcoin will increase this year as it has experienced the lowest relative volatility. The price appreciation is firming on a stand-alone basis compared to the broader crypto market. дальше »
2020-6-6 16:57 | |
Top Commodity Strategist Claims Bitcoin Most Likely Asset to Rally in 2020; Here’s Why
Bitcoin’s recent rally to $10,000 has renewed investor’s interest in the market, also drawing the attention of prominent traditional analysts and investors One prominent commodity strategist at Bloomberg explained that he believes BTC and gold are the two assets most-likely appreciate throughout 2020 This comes as the cryptocurrency’s technical outlook begins growing incredibly bright Bitcoin has seen some incredibly bullish price action in the time following its rebound from mid-March lows of $3,800. It’s subsequent […] дальше »
2020-5-10 22:00 | |
Bitcoin Primed For A Massive Bull Run – Bloomberg Analysts
In a digital report, Bloomberg praised Bitcoin’s performance and its multiple economic benefits compared to gold, emphasizing that the token has not been in the same position as traditional markets during this crisis. дальше »
2020-4-24 10:05 | |
Bitcoin Price Will Be Golden in 2020 Thanks to Limited Supply, Increasing Use: Bloomberg Report
Bitcoin, like gold, is a limited asset that can't be easily increased to meet demand. Bloomberg analysts predict the price of both will rise this year. дальше »
2020-1-8 19:17 | |
Traditional Finance Set for a Decade of Miserable Yields
Many Wall Street veterans are in agreement. The returns from stocks and bonds over the next decade will be sluggish. Time to add crypto to your savings plans? Traditional Investment Portfolios Set to Underperform Morgan Stanley analysts told Bloomberg that “The return outlook over the next decade is sobering. дальше »
2019-12-11 20:04 | |
Why Bloomberg Analysts Expect Bitcoin Price to Rally Past $10,000
Bitcoin didn’t have the best second half of 2019, plunging from a year-to-date high of $14,000 in June to $7,400, where it sits as of the time of writing this. At its lows, the cryptocurrency fell as low as $6,600, languishing as BTC buyers failed to step in amid selling pressure seemingly catalyzed by Chinese. дальше »
2019-12-5 15:00 | |
Bitcoin’s next buy-in opportunity could be in the $8000-$8500 zone
Bitcoin’s price has no doubt been the talk of the town, with several analysts and proponents predicting the next minor dip in price so that the community can buy-in. The interest in the king coin’s price movement was again kindled when John Kolovos, a financial analyst, stated on Bloomberg that the next buy-in opportunity might […] The post Bitcoin’s next buy-in opportunity could be in the $8000-$8500 zone appeared first on AMBCrypto. дальше »
2019-7-20 19:30 | |
Binance CEO: Retail Investors, Not Institutions, Are Leading the Bull Market
Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, says Binance CEO in a recent interview with Bloomberg. Who’s Really in Charge? As Bitcoin briefly touched $20,000 in early 2018, market analysts forecasted that the impending arrival of Bitcoin futures products, a Bitcoin exchange-traded fund (ETF), and the infusion of institutional funding would drive Bitcoin towards $30,000 and possibly $50,000. дальше »
2019-7-14 00:16 | |
High Bitcoin Predictions and Conflicts Resurface Amidst Crypto Spring
In the wake of the current crypto spring, analysts and commentators have shown optimism for the crypto market and have made comments that generally reveal that bitcoin’s bull run is likely to skyrocket before the close of 2019. дальше »
2019-5-29 10:58 | |
Bitcoin Bulls Count on 2020 Halving to Give BTC Price Massive Push: Bloomberg
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. дальше »
2019-5-25 09:54 | |
Bitcoin’s price has pumped beyond its ‘intrinsic value,’ JPMorgan says
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. дальше »
2019-5-20 14:54 | |
Mario Kart Tour could be Nintendo’s biggest smartphone win
Nintendo is preparing to offer up its next mobile game, and rumor has it the company is hoping this one will be a gold mine. Given the franchise it’s from — and what Nintendo has done adapting its less well-known series — it probably will be. дальше »
2019-4-25 20:11 | |
People Are ‘Waking Up’ – 40% Drop in Dormant Wallets Fueling Bitcoin Rally
The latest surge in Bitcoin price may have been caused by increased activity across the board as the number of active wallets has risen by as much as 40-60 percent, according to the latest data and industry analysts. дальше »
2019-4-5 19:30 | |
Galaxy Digital Shares Skyrocket After Novogratz Takes 80% Equity Stake
Analysts were congratulating cryptocurrency merchant bank Galaxy Digital CEO Mike Novogratz March 28 after share performance rocketed. Galaxy Among ‘Best Crypto-Related Performers’ Data from Bloomberg and other sources confirm something of a renaissance for Galaxy, which as recently as the end of last year had seen its fortunes decline dramatically. дальше »
2019-3-29 20:00 | |
Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, TRON, Cardano: Price Analysis, March 13
Bloomberg analysts recently reported that the Bitcoin price could soon move southward. What do the charts point to? Let’s find out
дальше »2019-3-14 22:34 | |