Commentators are predicting that a second futures-based Bitcoin exchange-traded fund (ETF) will go live by the end of the week following the launch of ProShares’ […]
New tickers and ARK filing shows Bitcoin futures ETF approval imminent: Analyst
Bloomberg’s senior ETF analyst says there are “good” signs that a Bitcoin ETF will soon be approved, pointing to Ark Invest filing for a Bitcoin […]
Bitcoin bears risk getting trapped if BTC price remains above $50K — Here’s why
Bitcoin’s (BTC) 32% weekly rally became bears’ worst nightmare as Friday’s $860million options expiry is approaching. After breaking the $54,000 level, over 99% of the […]
Bitcoin's $50K resistance to become support in Q4 — Bloomberg commodity strategist
Bitcoin’s (BTC) meteoric rise above $50,000 this week is likely to continue well into the fourth quarter, as the psychological resistance flips to support during […]
Gold, bond portfolios are 'naked' without Bitcoin, Bloomberg strategist asserts
What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence’s Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and […]
Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K
Bloomberg’s senior commodity strategist Mike McGlone has doubled down on call for six-figure Bitcoin (BTC), arguing that the first-born cryptocurrency is well on its way […]
The People’s Bank of China Blasts Bitcoin And Crypto. Once Again.
For a minute there, it seemed like the FUD was over. The People’s Bank of China contributes to its country’s crypto-crackdown at the “Financial Knowledge […]
SEC could approve Bitcoin futures ETF in October, analysts predict
The United States Securities and Exchange Commission (SEC) is likely to approve a Bitcoin (BTC) futures exchange-traded product (ETF) by the end of October, according […]
Bloomberg strategist explains why 30-year US bonds have 'bullish implications' for Bitcoin
Despite Bitcoin (BTC) slipping back below $50,000, more and more investors are likely to move their capital into Bitcoin and gold markets in the second […]
Coinbase warns infrastructure bill's crypto provisions could impact 20% of US population
Coinbase’s Global VP of tax, Lawrence Zlatkin, has taken aim at the rushed cryptocurrency provisions added to Congress’ bipartisan infrastructure bill “at the last minute,” […]