Binance in Talks to Pay More Than $4B to End U.S. Criminal Case; CZ Could Still Face Charges: Bloomberg

A resolution could come as soon as the end of this month, Bloomberg reports.

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U.S. CBDC Program Draws Flak From Wall Street

Wall Street firms are not thrilled about the US’ rumored upcoming CBDC, a Bloomberg report has revealed. Financial institutions and fintech firms are concerned regarding the implications a central bank-issued token could have on their bottom line.

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Cardano’s addition to Bloomberg Terminal could be bullish despite investor scrutiny

While some have scrutinized the cryptocurrency and its lack of working products, the move will most likely prove to be extremely bullish. The post Cardano’s addition to Bloomberg Terminal could be bullish despite investor scrutiny appeared first on CryptoSlate.

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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.

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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.

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Thailand’s Finance Minister Warns About Excessive Crypto Speculation

Thailand’s Finance Minister Arkhom Termpittayapaisith has expressed concerns over the exponential growth in cryptocurrency trading activities in the country. Crypto Speculation Could Hurt Thailand’s Capital Markets According to Bloomberg, Termpittayapaisith speaking at a capital market conference on Thursday (Feb.

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Bloomberg's Indicator Shows Bitcoin Bears Losing Momentum

Bitcoin's bearish trend could be waning, according to this indicator

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Bloomberg's Mike McGlone says BTC could be headed to $50K as gold loses appeal

The Bitcoin-to-gold price ratio could shoot to 100x with the digital asset’s volatility possibly dropping to gold levels by 2024.

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Bitcoin Could Be Another Store of Wealth: BlackRock CEO

BlackRock CEO Laurence Fink talks Bitcoin to Bloomberg, explains that BTC can be a store of wealth but there are certain issues here too

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Mt. Gox Creditors Could Get Bankruptcy-tied Bitcoin

The CoinLab arrangement enables creditors to claim up to 90% of the Bitcoin tied up in the defunct exchange’s bankruptcy, according to Bloomberg.   CoinLab to the rescue Creditors who accept the deal will receive early payments rather than waiting for several court cases associated with the bankruptcy to conclude.

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Winklevoss Twins Mulling Plans to Take Gemini Crypto Exchange Public

Gemini, the U. S. -based cryptocurrency exchange and custodian could go public, according to founders Tyler and Cameron Winklevoss.    Gemini Could Go Public According to Bloomberg on Thursday (Jan.

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With So Much Liquidity on the Sidelines, Bitcoin could Hit $100k This Year: Mike Novogratz

Both Bitcoin and gold will go higher, said billionaire Mike Novogratz, the chief executive officer at Galaxy Investment. Amidst the ongoing inflation expectations and other uncertainties in this market, “both gold and Bitcoin are going a lot higher, but gold could easily go up 30% this year,” said Novogratz in his interview with Bloomberg.

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Why JPMorgan Is Estimating An Incoming $600 Billion Institutional Bitcoin Investment

A spokesperson from JPMorgan Chase is estimating that institutional investor interest is at an all-time high and could result in a $600 billion Bitcoin inflow. As Bloomberg reported, Nikolaos Panigirtzoglou, a JP Morgan Analyst has explained that the follow-up reaction from MassMutual’s mega Bitcoin purchase is an even more interested audience who are open to securing […]

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$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.

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Bitcoin Price Could Hit $50K in 2021, Bloomberg Analysts Say

"Bitcoin's macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance," according to Bloomberg.

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Crypto-Friendly Robinhood Trading App Could Go Public in Q1 2021

The Robinhood investment platform is considering launching an IPO in Q1 2021. The move could further increase its popularity among millennials. Robinhood is looking to conduct its IPO in the first quarter of 2021, according to a report from Bloomberg on Nov 17.

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Bitcoin Could Fail, Says Bloomberg?s McGlone

Bitcoin could be banned or ?regulated away,? warns Bloomberg?s Mike McGlone

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PayPal on Hunt for Crypto Acquisitions, Eyes Custodian BitGo: Bloomberg

Following its debut of cryptocurrency purchases, PayPal is reportedly considering acquisitions of crypto companies. One possible purchase could be coin custodian BitGo, a major player in the digital currency space.

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Here’s why Tether (USDT) could overtake Ethereum by 2021

Tether (USDT), the world’s largest stablecoin by market cap, could reach a valuation higher than Ethereum in 2021, the latest issue of Bloomberg’s Crypto Market Outlook suggested in a report earlier this month.

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Bitcoin to see $100,000 by 2025: says analyst

According to the analyst from Bloomberg, Bitcoin could soon be on course for $100,000...

The post Bitcoin to see $100,000 by 2025: says analyst appeared first on Coin Journal.

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Bloomberg: Bitcoin “Should Be A Primary Beneficiary” Post Pandemic

“Bitcoin is the answer” is a phrase that’s thrown around regularly both in a serious and comical manner all across the crypto community. But in a future where there is limited potential upside in equities and bonds, the cryptocurrency could very well be the solution to further wealth accumulation.

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Bitcoin Price Could Leap To $500,000 Or Crash To Zero, Says Bloomberg Analyst

On September 1, the bitcoin price hit $12,000 again for the fourth time since August 2, sparking a lot of optimism among investors. This was, however, followed by a fierce sell-off as bitcoin corrected towards 11,000.

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Bloomberg Predicts Gold at $3K, Bitcoin at $20K in Current Bull Run

A bullish comment on gold by a top Bloomberg Intelligence analyst could leave Bitcoin in a similar upside spell. The firm’s senior commodity strategist, Mike McGlone, said in his August update that he expects the precious metal’s price trajectory to accelerate.

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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.

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Libra’s newest rival could be England’s central bank-backed digital currency

According to reports from Bloomberg, the bank of England (BOE) is contemplating creating a government-backed digital currency. This was made known by Andrew Bailey, Governor of the Bank of England, in a webinar event, he told students that it was being reviewed and the Central bank is still trying to weigh their options. It looks […]

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Ethereum Could Soon “Rally Hard” as DeFi Hits Escape Velocity: Fund Manager

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 […]

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Number of Active Bitcoin Addresses Could Indicate $14.7K Price Rise

A key on-chain metric that Bloomberg bets on, points to a Bitcoin bull run with possible 50% price appreciation.

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China’s Digital Yuan Set to ‘Displace’ Bitcoin and U.S Dollar; Report

China's Digital Yuan could challenge the U. S dollar and Bitcoin, according to a recent report by Bloomberg. The PBoC backed digital asset was piloted in April by the Agricultural Bank of China within four cities in the country.

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Western Union Makes An Offer To Purchase Ripple-Partnered MoneyGram – What It Means For XRP

According to a recent report by Bloomberg, Western Union, and Ripple’s cross-border payments partner MoneyGram could be merging in the near future. The report cited a source familiar with the matter who stated that Western Union has made an offer to buy MoneyGram.

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Bitcoin and Gold Top Candidates to Advance in 2020, Bloomberg Analyst Says

Bloomberg Intelligence?s commodity expert Mike McGlone is certain that Bitcoin and gold could further appreciate in 2020

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JPMorgan Report Opines CBDCs Could Disrupt the U.S. Dollar’s Hegemony

A report by JPMorgan & Chase Co. states that the rise in the popularity of central bank digital currencies (CBDC) could spell doom for the U. S. dollar that enjoys unquestionable hegemony in dictating the global economic order today, Bloomberg reports June 22, 2020.

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Bloomberg?s Analyst Names Key Reasons Why Bitcoin (BTC) Will ?Sustain? Above $10,000

The Bitcoin (BTC) price could gain footing above $10,000, according to Bloomberg?s Mike McGlone

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New CFTC Guidance to Make Life Tough for U.S. Crypto Margin Platforms

A new guidance document issued by the Commodity Futures Trading Commission (CFTC) could be detrimental to the growth of crypto derivatives platforms in the United States. Exchanges with futures and options that aren’t CFTC regulated must mandatorily allow customers the option to take delivery of the underlying, per Bloomberg, March 26, 2020.

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This Eerie Fractal Shows the Bitcoin Price Has Further To Fall From $9,000

Over the past few days, Bitcoin has started to trend higher; since hitting $8,400 last weekend, the price of the leading cryptocurrency rallied as high as $9,250 on Saturday morning. Although there are many optimists saying that this price action is a precursor to even greater gains — Bloomberg suggested that BTC could soon hit...

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Blockchain Fan Andrew Yang Could Be Mike Bloomberg’s VP Pick: Report

Presidential candidate and billionaire Michael Bloomberg has been seeking Andrew Yang’s backing and is even floating the idea that the former candidate could be his vice president, according to a report in The Wall Street Journal.

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U.S.: Judge OKs Ripple’s “Market Toppling” Class Action Suit

According to a report by Bloomberg published on February 26, 2020, San Francisco-based blockchain project Ripple Inc. Could soon face a lawsuit that, according to the firm, could topple the market for the firm’s digital token, XRP.

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Bloomberg and Trump: How Different Presidents Could Shape Blockchain Technology

President Trump’s budget proposition released in early February contained little concern about investing in new technologies involving the blockchain and cryptocurrencies. This, in spite of a host of pro-blockchain advisors and global interest in blockchain, could reveal a lack of understanding by the president.

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Bloomberg L.P. Has the Perfect Buyer in Monopoly-Loving Warren Buffett

Billionaire Mike Bloomberg will sell his media company if elected president in 2020 in what could be an ideal investment for Warren Buffett. The post Bloomberg L.P. Has the Perfect Buyer in Monopoly-Loving Warren Buffett appeared first on CCN.com

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Bloomberg’s Newly Released Social Security Plan Could Launch Bitcoin Into Orbit

New York businessman, billionaire, and presidential hopeful Mike Bloomberg has unveiled his plan for the Social Security Administration. While not providing details, the plan calls for putting the forced retirement savings program on sound long-term footing.

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A Bloomberg Vs. Trump Election Would Be a Dream for the Dow Jones

Mike Bloomberg is surging in the polls with a real chance of challenging Donald Trump in what could be a great outcome for the Dow Jones. The post A Bloomberg Vs. Trump Election Would Be a Dream for the Dow Jones appeared first on CCN.com

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Bitcoin Can Hit $50K in 2020 ‘Very Easily’ — Nexo CEO Tells Bloomberg

Bitcoin has hit $7,300 once more as geopolitical tensions swell, and could go on to $50,000 this year, says Anton Trenchev

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This Bitcoin Halvening Could Be Drastically Different, According to Bloomberg Analyst

There is a good chance that Bitcoin's price action could be drastically different compared to its two previous post-halvening cycles, according this Bloomberg analyst

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Crypto Index Signals Buying Opportunity: Bloomberg

Bitcoin and the biggest altcoins that are included in the the Bloomberg Galaxy Crypto Index (BGCI) could be a good buy for the first time in month

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Bitcoin Price in 2020: Bloomberg Analyst Predicts That $10,000 Is More Likely Than $5,000

The Bitcoin price could surge above $10,000 in 2020 after taking a breather in late 2019, according to Bloomberg's strategist?Mike McGlone

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Bitcoin Halving Could Produce Big Bear Market: Bloomberg

No, the Bitcoin price is not going to magically go through the roof on May 14, 2020, according to Bloomberg

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MOBI to Develop Mobility Payments Network for Machine-to-Machine Transactions Based on Blockchain 

MOBI, the Mobility Open Blockchain Initiative, is exploring blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. According to reports from Bloomberg on December 8, the non-profit organization is developing a blockchain-based payment network that allows for machine-to-machine transactions.

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Bitcoin Price Is Primed to Retake $8,000: Bloomberg

Shorting Bitcoin could be dangerous at this point as growing buying pressure is expected to push its price to $8,000

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Chinese Mining Giant Trades First Day Flat as Crypto Markets Dump 5%

Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4. 5% in 24 hours and crypto markets have shed $10 billion in total so a red Friday is about to begin.

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Bloomberg’s Presidential Bid Could Mean Selling Namesake Media Giant to Microsoft

If Bloomberg officially becomes a candidate, selling his namesake company may be his best option. Microsoft makes for a great suitor when you consider the firm’s track-record. Bloomberg is unlikely to sell until he has proven that he is a viable choice for the Democrats.

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