Search Results for "bloomberg"
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.
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.
Is Cardano (ADA)'s Addition to the Bloomberg Terminal a Bullish Signal?
On March 15, Cardano was added to the Bloomberg terminal list of support assets.
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.
Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform
The United State presidential candidate for the upcoming 2020 election Mike Bloomberg is set to tender a proposal seeking to accommodate regulations for cryptocurrencies in a new financial plan that will be duly regulated.
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.
Bloomberg Strategist: Bitcoin May Surpass Gold in Today's Digital World
The advancement in the digital ecosystem as we have it today may give Bitcoin (BTC) an advantage for it to surpass Gold in the coming years- Bloomberg's Mike McGlone
BlockFi to Sell $160 Million in Bitcoin Mining Machine
BlockFi aims to offer $160 million in loans secured by 68,000 Bitcoin mining equipment. November saw the crypto lender declare Chapter 11 bankruptcy. Defaulted loans may be undercollateralized.
Enabling Innovation in Asset Management: SFC's Approach
Christina Choi of the SFC spoke at the Bloomberg Buy-Side Forum Hong Kong 2023, emphasizing the importance of balancing innovation with regulation in the asset management industry. She highlighted the SFC's ongoing work on guidelines for tokenization of investment products.
BC Technology Group Shares Drop 30%, Company Clarifies OSL Sale Rumor
BC Technology Group Limited refutes rumors of considering selling its virtual asset trading platform, OSL, following a Bloomberg report, amidst a significant drop in its share prices on 17 October 2023. The company clarified there's no ongoing negotiation or consideration regarding the OSL sale, urging investors to exercise caution.
Bloomberg Partners with Elwood Technologies to Aid Institutional Crypto Adoption
To enable financial institutions and investment managers to govern their crypto investments seamlessly, Bloomberg has partnered with global fintech company Elwood Technologies.
Bloomberg’s Damning Report on Tether Receives Response from the Stablecoin Issuer
Where is Tether keeping its stablecoin reserve? A Bloomberg reporter has asked this and many more questions. Tether fires back as the allegations are made.