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Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators.

Singapore Exchange Launches SGX iEdge Bitcoin Index and iEdge Ethereum Index with CryptoCompare

Singapore Exchange Launches SGX iEdge Bitcoin Index and iEdge Ethereum Index with CryptoCompare

Singapore Exchange (SGX) will launch crypto indices—the iEdge Bitcoin Index and iEdge Ethereum Index.

Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance

Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance

Bitcoin has been trading sideways for the last few months, with the stability around $9,100. Bitcoin (BTC) has been struggling to gain bullish momentum above $9,200. In an interview with Bloomberg, Changpeng Zhao, the CEO of Binance commented on the stability of the recent Bitcoin price.

Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High

Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High

Bloomberg predicted in its recent report that Bitcoin’s price in 2020 could reach double of last year’s high of $14,000. It further suggested that adoption is the primary Bitcoin metric, and Bloomberg takes a positive outlook on this end. Bitcoin’s price has seen a 60% decline in 2014, and at the end of 2016, Bitcoin matched the peak in 2013. If Bitcoin chooses to follow the same trend as 2016, with a 75% decline in 2018, Bitcoin is headed towards $20,000, according to Bloomberg.

Future of Index Funds

Future of Index Funds

Inspired by traditional index funds' success, Crypto20 (C20) was designed to reinvent how investors gain exposure to the broader crypto market. With cryptocurrencies long-term growth potential, an index fund is the perfect entry point for investors looking to generate exceptional returns without taking on excessive risk.

Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist

Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist

The Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone says Bitcoin (BTC) may well be on pace to reach US$20,000 by 2021.

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Cryptocurrency investment solution provider Intelligence Unit (IU) announced a partnership with Japanese-based consulting company Nomura Research Institute (NRI) to introduce a new cryptocurrency index, popularly known as IU/NRI Crypto-Asset Index.

US Travel Firm CWT Paid $4.5 Million in Bitcoin to Get Computer System Back from Hackers

US Travel Firm CWT Paid $4.5 Million in Bitcoin to Get Computer System Back from Hackers

US travel management company CWT paid $4.5 million to hackers who stole sensitive corporate files. CWT has a global clientele and is the fifth-largest US travel company. The firm boasts an estimate of $1.5 billion in annual revenue and claims that it represents more than a third of companies on the S&P 500 U.S stock index.

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

The Winklevoss brothers have teamed up with Stampede Ventures to bring their best-selling biography, ‘Bitcoin Billionaires’ to the big screen.

Binance Invests Heavily in Chinese Crypto Media Firm

Binance Invests Heavily in Chinese Crypto Media Firm

According to a Bloomberg report, Binance has debuted an investment in China With a crypto Media and data sourcing company, Mars Finance.

Bitcoin Price Bull Run Expected to Continue says Bloomberg Intelligence

Bitcoin Price Bull Run Expected to Continue says Bloomberg Intelligence

Bloomberg Intelligence reports that only an "unexpected occurrence" can stop the Bitcoin price bulls from running.

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