Search Results for "bloomberg"
Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold
A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.
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.
Alibaba Moves to Expand Its Scope For Its Blockchain-powered Charity Project
Ant Financial, an affiliate of Alibaba the e-commerce giant is making efforts to increase the scope and accelerate its charity project which happens to be a blockchain initiative.
Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype
According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.
Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum
In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.
CertiK Announces the Completion of British Pound Backed Stablecoin on Binance
According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform
OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance
While Bitcoin’s price is struggling to maintain its $12,000 threshold, an altcoin has been making triple-digit gains, including the OmiseGO (OMG) Network.
New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?
Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.
Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange
AirCarbon Pte, a Singaporean exempt private company, has established the first-ever blockchain-powered carbon trading exchange (CTX) that will permit corporate buyers and airlines to sell and purchase tokens subsidized by carbon offset credits.
Binance CEO: China is Setting the Precedent as a Blockchain Superhouse
Changpeng Zhao, commonly known as CZ, the CEO and founder of crypto exchange Binance, stipulated that the Chinese President’s calls will do wonders as they will instigate mass blockchain adoption.
Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians
Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent.
Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”
Former Business Insider executive editor and current Bloomberg Business editor Joe Weisenthal had some interesting things to say about bitcoin and blockchain.