News
According to Bloomberg senior ETF analyst Eric Balchunas there are “good signs” that the SEC will approve Bitcoin futures ETF applications from Ark Invest and Valkyrie.
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Bloomberg News
Bloomberg is a privately held company, focusing on financial software, data and media, and was founded by Michael Bloomberg in 1981. Bloomberg Terminal is Bloomberg L.P.’s core revenue-generating product, which is a software system providing users with monitoring and analyzing real-time financial market data and trades, news, and secure messaging. Bloomberg News is one of the most recognizable divisions of Bloomberg L.P., producing content and gathering news, which is broadcast through Bloomberg Terminals, television and radio. Bloomberg News is one of the most popular financial-related media platforms that was quick to recognize the potential of cryptocurrency. Today, Bloomberg cryptocurrency news has a section on the agency’s website where Bloomberg gathers both Bitcoin and altcoin news.
- Market Analysis
Hash rate, supply shock and U.S. credit risk are likely the causes for the BTC rally.
22911 - News
BTC price surged toward $55,000 on Wednesday even as traditional risk assets such as stocks tumbled and the dollar rose.
8915 - Market Analysis
The declaration appears as Bitcoin pops back above $50,000, with its addition in a gold-bond portfolio outperforming the S&P 500 index.
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Following a massive correction, digital assets — led by Bitcoin and Ether — are on track for new highs, according to a new report from Bloomberg.
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“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.
8704 - Market Analysis
Long-dated U.S. Treasury yields are slumping ahead of the Jackson Hole meeting.
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Coinbase’s global tax VP has slammed Congress for the controversial crypto tax provisions rushed into the infrastructure deal, warning the bill could impact 60 million Americans.
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According to Bloomberg, the nine DeFi assets selected for the index at the launch were based on "institutional trading and custody readiness" in the United States.
2809 - Market Analysis
The statement appeared as a takeaway from Blockworks’ “Bretton Woods: The Realignment” conference that gathered economists, macro analysts and investors to discuss Bitcoin.
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“With $13 billion worth of Ether locked up in Ethereum 2.0 and $70 billion locked up in decentralized finance, we have enormous demand for the Ether token,” said ConsenSys founder Joe Lubin.
22025 - Markets News
The analyst also treats the latest crypto ban in China as bullish for Bitcoin and the U.S. dollar.
52010 - Market Analysis
The 50-week simple moving average earlier offered incredible support for Bitcoin's long-term bullish bias, but bears convincingly took it during the June 19 sell-off.
34631 - Markets News
“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone.
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Billionaire Carl Icahn may invest up to $1.5 billion into crypto, noting that “much of the cryptocurrency issued today will not survive.”
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