Bitcoin 10/07/21 00:49 by Bernice Nyambura

Bitcoin’s Guaranteed Rally To $100k Will Have a Global Macroeconomic Impact, Bloomberg Analyst Posits

As the year burrows deeper into its second half, Bitcoin’s performance still remains way below the predicted price levels in Q4 2020 to Q1 2021. The leading crypto asset is currently down 5.7% trad...
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Bitcoin 09/07/21 19:00 by Best Owie

Bloomberg Analyst Provides Blueprint Of Bitcoin Path To $100,000

Bitcoin price predictions have been a hot topic for a while now. Bloomberg Analyst, Mike McGlone believes that the price of BTC hitting $100,000 is tied to the asset following ethereum. This came in t...
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Bitcoin 08/07/21 20:06 by Reynaldo Marquez

Bitcoin Versus Equities? How BTC Could Reverse 50% Correction In Coming Months

Bitcoin has been rejecting one more time in the upper levels of its current range. At the time of writing, BTC trades at $32,915 with a 5.1% and 6.3% loss in the 24-hour and 7-day charts. BTC after re...
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Bitcoin 05/06/21 22:15 by Olivia Brooke

Mainstream Analysts Still See $145K “Theoretical Target” For Bitcoin Price, But Likely To Sustain Fatal Crash

As of publication, Bitcoin bulls are still gearing up for a price retest above $40,000 after spending the last 48 hours building momentum at $38,000. Managing to keep the green light blinking has bee...
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Altcoins 03/06/21 20:19 by Reynaldo Marquez

Ethereum At A Discount, Why ETH Looks Like BTC In 2017

Ethereum has seen some recovery in the past days, after the crypto market experienced one of its worst months since March 2020. At the time of writing, the second cryptocurrency by market cap trades a...
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Crypto 20/03/21 21:25 by Adrian Klent

What to expect as Coinbase moves public listing to April

According to anonymous sources, Coinbase—America’s largest cryptocurrency exchange by trading volume—has decided to push back its plans for a direct public offering to April, Bloomberg repo...
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Altcoins 16/03/21 22:22 by Emily Mawia Mbua

Cardano Gains Paramount Market Extension With Coinbase Pro Listing

Cardano (ADA), the fifth-largest cryptocurrency by market cap, is now listed on Coinbase Pro. Coinbase announced today the support for Cardano on its Coinbase Pro version as part of its recent ord...
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Crypto 12/03/21 21:11 by Brenda Ngari

Binance Reportedly Under CFTC Investigation Over U.S. Derivatives Trading Activity, CZ Responds

The U.S. Commodity Futures Trading Commission (CFTC) has reportedly launched an investigation against cryptocurrency exchange Binance, Bloomberg reported today. The CEO of the exchange, Changpeng ...
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Bitcoin 09/03/21 19:31 by Adrian Klent

Indicators point to an accelerating pace of Bitcoin replacing Gold in investor portfolios

According to a Bloomberg Intelligence report released this week, the dominant cryptocurrency Bitcoin is swiftly working its way up to become the new digital gold. This is evident in a chart showing t...
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Bitcoin 06/03/21 11:03 by Steven Msoh

Grayscale Bitcoin Trust at its Highest Discount Ever Could Signal Price Rise to $100K

The Grayscale Bitcoin Trust (GBTC) has been having its adversest month in its seven-year history. GBTC has dropped to nearly a 12% discount, its highest ever. However, according to one analyst, this ...
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Bitcoin 04/03/21 21:00 by Tony Spilotro

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&r...
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Crypto 08/12/20 10:17 by Guest Author

Crypto Roundup: December 7th, 2020

After briefly peeping above the all-time high last Tuesday, Bitcoin has spent the week finding a firm foothold around the $19K mark. The market’s resilience is supported by growing acceptance of...
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Bitcoin 11/11/20 15:01 by Yashu Gola

Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling

Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior co...
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Bitcoin 25/10/20 21:07 by Brenda Ngari

Why Is PayPal Looking For Crypto Companies To Acquire Just Days After Announcing Support For Bitcoin?

Payments processor PayPal is rumored to be exploring cryptocurrency-centric companies to buy, including crypto custodian BitGo, according to a new report by Bloomberg. This comes just days after PayP...
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Bitcoin 24/10/20 03:00 by Tony Spilotro

Bloomberg Intelligence Strategist Hints At Bitcoin Bull Run In 2021

Earlier in 2020, Bloomberg Intelligence claimed Bitcoin would soon reach $12,000 and would be a primary beneficiary in the post-pandemic world. The prediction coming true has the analyst who made the ...
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Crypto 22/10/20 23:44 by Nick Chong

Sources: PayPal Is Looking to Acquire Crypto Companies, Namely BitGo

On Wednesday, PayPal shocked the crypto industry when it revealed that it would be directly supporting digital assets by adding the ability to purchase and sell Bitcoin, Ethereum, and other altcoins. ...
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Altcoins 09/10/20 20:40 by Erie Maxwell

Bloomberg researchers predict Tether to surpass Ethereum by next year – here’s why

In their monthly crypto outlook report for October, Bloomberg researchers have concluded that before the end of 2021, Tether (USDT) will overtake Ethereum to become the second most valuable cryptocur...
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Bitcoin 14/09/20 19:52 by Jide Idowu

Even After A Drastic Price Correction, This Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead”: Here’s Why

Bitcoin, the leading cryptocurrency by market capitalization is currently priced at $10.7k. The asset, which saw its most recent high of $12,050 on the 1st of September 2020 has seen a drastic drop. ...
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Altcoins 12/09/20 05:05 by Nick Chong

An Article About DeFi And Ethereum’s SushiSwap Just Hit Bloomberg Terminals

It’s been quite the past few days for Ethereum, decentralized finance, and the entire crypto industry due to SushiSwap. SushiSwap marked a revolution in how protocols complete; the project, fork...
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Bitcoin 29/08/20 09:00 by Nick Chong

On-Chain Analysis Suggests There Are Few Bitcoin Sellers Preventing a Rally

Bitcoin has seemingly entered no man’s land, with the price ping-ponging between $11,000 and $12,000. A top analyst has corroborated this sentiment, recently noting that neither his bull nor bea...
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Altcoins 06/08/20 16:38 by Brenda Ngari

Ethereum’s Price Rally Is ‘Speculative’ While Bitcoin’s Growth Is Driven By Fundamentals, Says Bloomberg

Bloomberg said that the stunning ethereum price rally is based on investor speculation while maintaining that the advancement in the price of the king of cryptocurrencies, bitcoin, is organic and pre...
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Bitcoin 30/07/20 13:00 by Yashu Gola

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 f...
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Altcoins 08/07/20 23:14 by Nick Chong

After 150% TikTok Pump, Jake Paul Says Dogecoin (DOGE) Is “Gonna Go Crazy”

Forget Bitcoin and Ethereum, Dogecoin (DOGE) has been on an absolute tear over the past few days. Just look at the chart below, which shows that the meme cryptocurrency is up more than 150% in the pas...
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Bitcoin 03/07/20 11:32 by Vincent Mislos

“A Resting Bitcoin Bull,” Bloomberg Outlook Reveals Likely Mid-Year BTC Price Range

Bitcoin is becoming more like gold in the macroeconomic sense and will continue outperforming its peers, Bloomberg said in its latest cryptocurrency report sent to subscribers. The Bloomberg Crypt...
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Bitcoin 26/06/20 15:00 by Yashu Gola

Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown

Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making ...
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Bitcoin 26/06/20 02:00 by Nick Chong

This Textbook Distribution Analyst Says Bitcoin Could Dive Under $7,000

Bitcoin has spent the last two months trading in a tight range between $8,500 and $10,000. Prices have barely deviated from these boundaries, save for minor deviations that were quickly corrected. Som...
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Bitcoin 05/06/20 14:00 by Yashu Gola

Bitcoin Targets $20K against Fed and ECB’s Savage QE Policies

Bitcoin bulls eye a $20,000 yearly close against the Federal Reserve and the European Central Bank’s expansionary policies. Dan Morehead, the CEO of Pantera Capital, noted that the bitcoin marke...
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Bitcoin 30/04/20 05:52 by Nick Chong

Bitcoin Roars Past $9,000 as Frantic FOMO on Binance & Coinbase Continues

The past 24 hours have been explosive for the Bitcoin market. Ever since breaking past $7,800 on Wednesday morning, the cryptocurrency has been in a nearly unstoppable uptrend, rallying past resistanc...
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Bitcoin 29/04/20 20:17 by Nick Chong

Analysts Explain Why CME’s Bitcoin Futures Just Exploded 15% to $9,000

Bitcoin bulls have not let up the pressure since breaking $7,800 just 12 hours ago. As of the time of this article’s writing, the cryptocurrency just broke past $9,000 for the first time in seve...
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Bitcoin 23/04/20 09:05 by Marco Tulio

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 mar...
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