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Bitcoin Is Trading at a Discount, Says Bloomberg Senior Analyst
Senior Bloomberg Analyst Mike McGlone has said that Bitcoin is currently trading at a massive discount and could become global digital collateral. The post Bitcoin Is Trading at a Discount, Says Bloomberg Senior Analyst appeared first on BeInCrypto. дальше »
2022-8-8 20:13 | |
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Analyst on Bitcoin - 'Risk v. rewards is tilting towards...'
Mike McGlone, Senior Commodity Strategist at Bloomberg, predicts a rise in the price of Bitcoin in the second half of 2022. On 6 July, McGlone tweeted his observations, noting that the Bloomberg GaThe post Analyst on Bitcoin - 'Risk v. дальше »
2022-7-8 04:30 | |
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Bitcoin Will Rebound In 2nd Half Of 2022, Says Bloomberg Analyst
Mike McGlone, a senior commodity analyst at Bloomberg, predicts a rise in the price of Bitcoin in the second half of 2022. This suggests that the price of BTC may be preparing for a positive comeback this year. дальше »
2022-7-7 17:00 | |
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Bitcoin Will Hit $100K When Bear Market Ends, These Analysts Predict
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin will hit $100,000 by 2025 and says that he expects the cryptocurrency market to flourish as a “revived bull market. дальше »
2022-6-6 17:40 | |
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Can Bitcoin Become “One Of The Best Assets On Earth”? This Expert Bets On It
The best risk-on asset in the past decade, Bitcoin, is in a process of transition. Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, said in a recent interview with Kitco News’ “On The Spot”. дальше »
2022-6-5 01:00 | |
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Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview
Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview. дальше »
2022-5-19 20:30 | |
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Bitcoin Hangs By A Thread As Stock Market Indices Signal Weakness; Asserts Bloomberg Senior Strategist
Bitcoin, the largest cryptocurrency by market cap is likely going to keep getting battered if the stock market declines according to Bloomberg’s Mike McGlone. Bitcoin To De-peg From Stock Indexes, Just Not Yet Referring to an Op-Ed he published earlier last week, McGlone, who is a senior commodity strategist at Bloomberg Intelligence pegs Bitcoin’s recent […] дальше »
2022-4-18 14:58 | |
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From Dep’t Chief To CEO: Grab Exec Resigns To Lead Metaverse Gaming Company
The skills shortage from Web2 to Web3 continues with the disclosure of a senior executive leaving food-delivery Grab to join a blockchain gaming company. According to a Bloomberg report on Wednesday, Wui Ngiap Foo — the head of technology at Asian ride-hailing app Grab — is quitting to lead a metaverse game company. Foo was […] дальше »
2022-3-31 12:45 | |
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Bitcoin And Ethereum Solid Bases Set Them Up For $100,000 And $5,000 Targets Before Year-End — Bloomberg Analysis
Bitcoin and Ethereum’s date with the $100,000 and $5,000 price levels respectively is still well on the course according to Bloomberg’s Mike McGlone. According to a recent report by the senior commodity strategist at the media powerhouse, Bitcoin and Ethereum are poised to rally later in the year despite the year starting on a slightly […] дальше »
2022-1-9 22:06 | |
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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 | |
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Report suggests BlackRock has 'no current plans' to launch crypto ETF as deadline for VanEck's offering approaches
Senior ETF analyst at Bloomberg Eric Balchunas said he gave the odds of the SEC approving the VanEck fund at less than 1%.
дальше »2021-11-13 19:45 | |
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Proshares Bitcoin rises to the top 2% of all ETFs in terms of volume
Bloomberg’s senior ETF analyst Eric Balchunas took to Twitter to draw statistics concerning the ETF market, stating that the new Proshares Bitcoin ETF had traded $400 million worth of shares yesterday alone. дальше »
2021-11-11 20:00 | |
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Ethereum Is Whimpering — But Bloomberg Senior Strategist Says Bulls Are Gunning For $5,000
Ethereum slumped below $4,000 earlier yesterday amid market-wide pullback as long-term holders took profits, but a confluence of wildly-bullish factors suggests the bulls are about to roar. Ether Primed For A Surge To $5K Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, harbors the opinion that Ethereum is right in the middle of the […] дальше »
2021-10-28 13:35 | |
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Citing A Feasible US Bitcoin ETF Debut By October, Bloomberg’s Senior Strategist Calls $100k BTC Price
Key takeaways Mike McGlone, Bloomberg’s Intelligence and Commodity Strategist, predicts a Bitcoin ETF approval is likely by October. McGlone adds that it is most likely to be a futures based ETF. дальше »
2021-9-22 00:26 | |
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Senior Commodity Strategist at Bloomberg Calls $100,000 BTC and $5,000 ETH the “Path of Least Resistance”
Mike McGlone, the senior commodity strategist at Bloomberg, argues that digital assets are poised to record new all-time highs now that they have survived the fierce market correction. In the September edition of Bloomberg Crypto Outlook, a monthly report on technical analysis, data, and insight on the crypto market, McGlone doubles down on his propitious […] дальше »
2021-9-7 20:18 | |
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Bloomberg Strategist Reveals Next Focal Point For Bitcoin Based On The U.S. Treasury 30-Year Yield
Bloomberg’s Mike McGlone has reckoned that he is dovish on Bitcoin for the second half of 2021. The senior commodity strategist at Bloomberg made the call asserting that if the U. S. treasury 30-year yield sustained below 2%, Bitcoin and Gold and long bonds would in response bolster. дальше »
2021-8-27 18:55 | |
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$100k Bitcoin Is Right Around The Corner, Bloomberg’s Senior Strategist Reckons
“This year is prime for Bitcoin to take the next step in its price-discovery stage and we see a refreshed bull market,” wrote strategist Mike McGlone in Bloomberg’s August crypto outlook. This is a sentiment that many Bitcoin proponents share and have continued to hold onto despite the market woes. Bitcoin creates $30k base; $100,000 […] дальше »
2021-8-9 19:27 | |
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Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support
The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. […] дальше »
2021-7-25 08:00 | |
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China’s Economy Has Plateaued Says Bloomberg Analyst
“China’s rejection of open-source software crypto-assets may mark a plateau in the country’s economic ascent, we believe,” says Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence. Hedge fund manager... дальше »
2021-7-25 17:52 | |
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Bloomberg Strategist On Why $100k BTC Price In 2021 Is Meager By Bitcoin Standards
Market conditions in 2021 are perfect for bitcoin to reach and surpass the $100,000 price level according to senior Commodity analyst at Bloomberg Intelligence Mike McGlone. McGlone, who has recently been predicting (on a consistent basis) a positive outlook for bitcoin and the entire crypto market said that key factors that support this analysis include last year’s […] дальше »
2021-6-17 16:07 | |
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Bloomberg Commodity Strategist Mike McGlone Believes Bitcoin Will Surge To $40k
After exploring the likelihood of capitulation in a recent tweet, Bloomberg Intelligence senior commodity strategist Mike McGlone feels bitcoin is “more likely” headed for $40K rather than $20K. El Savador Bitcoin Adoption Will Propel Bitcoin Following El Salvador’s announcement that bitcoin (BTC) is now legal cash in the country, bitcoin markets have increased on Wednesday. […] дальше »
2021-6-10 02:55 | |
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Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. дальше »
2021-6-10 22:30 | |
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How Bitcoin And Ethereum Have Crossed The Rubicon Of Legitimazation
Bitcoin and Ethereum are at an inflection point. Beyond their prices, Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, believes digitalization of money and finance is accelerating. дальше »
2021-5-5 20:46 | |
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Turkish Govt. Planning to Establish a Central Custodian Bitcoin Bank to Remove Counterparty Risk
Turkey is now planning to regulate its cryptocurrency market after two exchanges Thodex and Vebitcoin’s collapse in a matter of days. According to a senior official familiar with the plans, the government is planning to establish a central custodian bank to eliminate counterparty risk, reported Bloomberg. дальше »
2021-4-29 18:13 | |
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Why Bitcoin could favor USD dominance over Digital Yuan
Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U. S. dollar over China’s digital Yuan. дальше »
2021-4-10 00:00 | |
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Bloomberg’s Strategist Says $400k Bitcoin Price Would “Rhyme” With History
If Bitcoin’s present performance is compared to its performance in 2013, the top coin is on track to hit $400,000 despite multiple corrections, according to Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone. дальше »
2021-3-27 14:41 | |
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What key milestones will Bitcoin face after hitting $80,000?
Senior Commodity Strategist at Bloomberg, Mike McGlone has been painting a bullish narrative for Bitcoin lately. In the past 24 hours alone, the strategist’s data revealed that investors were now seThe post What key milestones will Bitcoin face after hitting $80,000? appeared first on AMBCrypto. дальше »
2021-3-10 00:30 | |
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Bloomberg Statistics: Institutions Prefer Bitcoin to Gold ETFs
There is a sharp uptick in the number of investors opting for Bitcoin over gold, data from Bloomberg Intelligence reveals. Bitcoin replacing the Old Guard A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. TheRead More дальше »
2021-3-10 20:00 | |
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Bloomberg Chief Analyst Says Bitcoin Could “March To $100,000” From Here
Bitcoin is currently struggling to reclaim $50,000, but one chief Bloomberg analyst says that the cryptocurrency could be ready to “march” toward $100,000 per coin in the near term. Here’s the data the senior commodity strategist says backs up the theory for the “nascent” cryptocurrency’s price doubling in short order. дальше »
2021-3-5 23:00 | |
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Former LSE Chief Says Crypto Could Help London Thrive Post-Brexit
Co-authored with Shore Capital Head of Research Clive Black and Senior Political Advisor Matthew Elliot, the Bloomberg report emphasized the importance of crypto in a rapidly shifting economy. It called for the resources of all “relevant U. дальше »
2021-2-25 19:52 | |
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'Markets want Bitcoin and digital dollar as reserve currency'
In his latest market insight, Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone said that financial markets may now want to replace US Dollar reserves with Digital Dollars and BitcoiThe post 'Markets want Bitcoin and digital dollar as reserve currency' appeared first on AMBCrypto. дальше »
2021-2-23 00:30 | |
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Bitcoin skeptic debates Bloomberg analyst in latest Cointelegraph Crypto Duel
Economist Frances Coppola and senior commodity strategist at Bloomberg Mike MgGlone clash on everything Bitcoin.
дальше »2021-2-21 22:13 | |
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Gold’s devaluation will foster the $50,000 Bitcoin rally: Bloomberg’s Mike McGlone
An enormous inflow from gold to Bitcoin has been cited in the market. Bloomberg’s Mike McGlone, the Senior Commodity Strategist bared this out in a newly published analysis. In it, he says Bitcoin is in its “price discovery stage. дальше »
2021-2-5 22:28 | |
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After $40K, this strategist is sure Bitcoin’s $50K milestone is within reach
Senior commodity strategist for Bloomberg Intelligence, Mike McGlone stated today that Bitcoin’s price has the potential to reach $50,000 and that prospects of the digital asset to revisit old highsThe post After $40K, this strategist is sure Bitcoin’s $50K milestone is within reach appeared first on AMBCrypto. дальше »
2021-1-8 01:00 | |
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Futures and fund flows strongly indicates that Bitcoin is swiftly replacing Gold
Bitcoin’s price appreciation has been moving at an interesting pace, almost suggesting that Bitcoin is replacing Gold. This was implied by Bloomberg’s senior commodity strategist Mike McGlone who posted the Bitcoin futures flow chart on Twitter. дальше »
2020-11-24 15:27 | |
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