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Bloomberg: Bitcoin Is Stabilizing At 6x The Price of Gold
5.8.2020
Bloomberg suggests that the price of Bitcoin is stabilizing at six times the price of gold, yet it contends that the asset is still undervalued
Alleged Twitter Hack ‘Mastermind’ Owns $3 Million in Bitcoin, Bail Set at $725K
3.8.2020
Regional reports from Tampa show that the alleged “Mastermind” behind the July 15, Twitter hack owns more than $3.3 million dollars worth of bitcoin. While appearing on a video screen at the Hillsborough County Courthouse, the judge set 17-year old Graham Clark’s bail at $25,000...
Bloomberg: Americans Trade Depreciating Dollars For Bitcoin
31.7.2020
Low-yielding dollar savings accounts aren’t cutting it for Americans anymore
Bitcoin an Option, as Dennis Gartman Says He’s Exiting ‘Crowded’ Gold Market
31.7.2020
Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded.” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775. “Too many...
Bloomberg: A Key Metric Suggests Bitcoin Price Above $12k
27.7.2020
Bloomberg is optimistic about Bitcoin price advancing beyond $12,000 in the near future on the strength of on-chain and off-chain indicators
Bitcoin Is a Form of Money, DC Federal Court Rules: Bloomberg
24.7.2020
Bitcoin is a form of "money", a Washington, D.C. federal court said on Friday
Coinbase Processed $500,000 in Bitcoin Payments That Helped Ex-Nissan Chairman Flee Japan
24.7.2020
Coinbase processed $500,000 in bitcoin payments that aided the dramatic escape of former Nissan Motor Co. chairman Carlos Ghosn from Japan, according to Bloomberg. In December, two Americans used a box to smuggle Ghosn out of the Asian country, where he was facing criminal charges for embezzlement...
3 Reasons Why Bloomberg Calling Bitcoin a ‘Resting Bull’ Is Inaccurate
5.7.2020
A recent Bloomberg report says Bitcoin is a resting bull but improperly interprets key metrics to paint a bullish case for BTC
Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report
3.7.2020
An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say
Bloomberg: ‘Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance’
26.6.2020
According to Bloomberg, the narrowest ever bollinger bands suggest that Bitcoin is consolidating for a major breakout
Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin
15.6.2020
A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
13.6.2020
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might...
Number of Active Bitcoin Addresses Could Indicate $14.7K Price Rise
12.6.2020
A key on-chain metric that Bloomberg bets on, points to a Bitcoin bull run with possible 50% price appreciation
Bloomberg BTC Bombshell, Coinbase Fury, Ether vs. Tether: Hodler’s Digest, June 1–7
7.6.2020
Bloomberg thinks Bitcoin could return to record highs of $20,000 this year, but warns Ether may not be the world’s second-biggest cryptocurrency for much longer
First Mover: Bloomberg’s Pie-in-the-Sky Bitcoin Call Looks Directionally Defensible
5.6.2020
The $20,000 in 2020 prediction may be overly optimistic, but analysts agree bitcoin is likely heading north
Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg
5.6.2020
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.” Bloomberg points to quantitative easing and...
Bloomberg: Only a Matter of Time Before Tether Overtakes Ether as #2
4.6.2020
Bloomberg’s report that provides crypto outlook for June says that it expects Tether to pass Ether as the number two cryptocurrency on the strength of the dollar
Bloomberg Analysts Predict $20K Bitcoin This Year
4.6.2020
Bloomberg analysts argue that historical patterns and macro factors mean prices are on a path back the the all-time high
Bloomberg: "Bitcoin will approach record high of about $20,000 this year"
4.6.2020
Bloomberg says that all signs point to Bitcoin going on the major bull run in 2020, the only question is whether it will break the all time high of $20,000
Goldman Sachs Butts Heads With Bloomberg Over Bitcoin
27.5.2020
Goldman Sach starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest