The cryptocurrency market took a hit early this year, but the coming months might lead the market toward the light at the end of the tunnel. Bloomberg analysts explain that …
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Bloomberg: Bitcoin (BTC) $40,000 rebound is more of “a floor than a ceiling” with $100,000 in play
A new report by Bloomberg published on February 6, 2022, indicates that Bitcoin is poised for further price growth despite starting the year with massive correction. The Bloomberg Intelligence: Crypto Outlook report states that …
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Bitcoin is an ‘enduring bull market’, Bloomberg Intelligence’s Senior Commodity Strategist suggests
In spite of the fact that Bitcoin has not had a historically unprecedented December as many leading analysts anticipated, the bear market might still be a significant way off, according …
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Bloomberg Intelligence expects the U.S. to embrace cryptocurrencies in 2022
A new report by Bloomberg Intelligence projects that the United States might embrace cryptocurrencies by 2022, inspired by recent happenings in the sector. The report dubbed Global Cryptocurrencies: 2022 Outlook notes that the U.S. might …
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Bitcoin (BTC) spikes after Bloomberg says SEC won’t block futures ETF
Bitcoin rallied late Thursday following a Bloomberg report that a bitcoin futures exchange-traded fund (ETF) will clear the U.S. Securities and Exchange Commission (SEC). The top cryptocurrency was up 3.5% …
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Bloomberg’s Mike McGlone: ‘Bitcoin ETF could be approved next month’
In an interview with Stansberry Research, McGlone McGlone, Bloomberg Intelligence’s senior commodity expert, predicted that the U.S. Securities and Exchange Commission could approve a Bitcoin exchange-traded fund as early as late October. …
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Bloomberg ETF experts: ‘SEC likely to approve Bitcoin ETFs by November
Bloomberg’s senior ETF strategist, Eric Balchunas, has taken to Twitter to share that recent Ether ETF withdrawals by VanEck and ProShares are a good sign, meaning that Bitcoin futures ETFs may be …
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Ethereum (ETH) will become basis for digital shekel
Bloomberg has reported that the Bank of Israel plans to use the second largest blockchain platform Ethereum for emitting a digital version of its currency shekel. The course cited by the …
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Blackrock CEO On Crypto: “This Could Be A Great Asset Class”
Amid the growing institutional adoption of cryptocurrencies, it seems as though that Blackrock, the world’s largest asset manager, has now set its eyes on the rapidly expanding crypto space. Back …
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Adding Cardano to Bloomberg Terminal May Be Bullish Despite Investor Scrutiny
While Cardano has certainly had an action-packed year, it seems that its popularity is about to soar significantly in the months to come. The reason behind this isn’t the major updates planned …
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