Bloomberg Strategists On Why Ether Is Primed To Hit $5,000 Very Quickly

Bloomberg has released its September Crypto-outlook report and it is illustrated on the second-largest cryptocurrency Ethereum. Like the last report from August, some things remained. One of these includes the fact that Ethereum is primed to knock off Bitcoin in the long term. Bloomberg is confident that Ethereum is poised to smash $5,000 in the… Continue reading Bloomberg Strategists On Why Ether Is Primed To Hit $5,000 Very Quickly

Bloomberg Ranks US As The Best Place To Be In The Covid-19 Era

As the world, especially the West, is passing through a relatively lean period of the coronavirus pandemic when compared to the first and second waves, the United States has been ranked as the best place to be in the Covid-19 era. Since November 2020, Bloomberg’s Covid Resilience Ranking has tracked the best and worst places… Continue reading Bloomberg Ranks US As The Best Place To Be In The Covid-19 Era

CME Group Integrates FX Link with Bloomberg Terminal

CME Group announced on Thursday that it has integrated the market data and order entry functionality of FX Link with Bloomberg Terminal. The press release further detailed that the integration will allow mutual clients to access new FX futures contracts through Bloomberg’s ISV, Tradebook. Primarily, it will allow a large group of market participants to view… Continue reading CME Group Integrates FX Link with Bloomberg Terminal

Bloomberg Strategist On Why Bitcoin Moving Past $40k Appears More Likely Than Crashing to $20k

On June 8, Bitcoin suffered yet another terrible run that particularly and severely liquidated the last batch of bullish investors, after plunging 8% to trade at around $33,200, on top of a 40% drop in the last one month. However, bitcoin is up double digits in the last 24 hours, climbing 13% to trade less… Continue reading Bloomberg Strategist On Why Bitcoin Moving Past $40k Appears More Likely Than Crashing to $20k

Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage – News Bitcoin News

The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. However, the decision has been reversed after a recently published Bloomberg article. Bitcoin, Ethereum, Dogecoin Were Allowed to Discuss for… Continue reading Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage – News Bitcoin News

Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab

On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be able to claim as much as 90% of the bitcoin held by Kobayashi and the… Continue reading Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab

Bloomberg poured $100M into Florida, Ohio and Texas and Dems still lost

Fox Business Go Watch Fox Business Network streaming live on the web. Billionaire Mike Bloomberg poured $100 million into key swing states — Florida, Ohio, and Texas — in an effort to secure wins for Democratic nominee Joe Biden, but his spending failed to deliver the three states. Continue Reading Below All of them went for… Continue reading Bloomberg poured $100M into Florida, Ohio and Texas and Dems still lost

Bloomberg: Biden election would be good for Bitcoin, bad for DeFi

The latest Bloomberg crypto newsletter contends that the election of Joe Biden as president of the United States would bring greater mainstream adoption of Bitcoin (BTC), including a potential exchange-traded fund approval. Further, it referred to the policies of President Donald Trump’s administration with regard to crypto as “hands-off”: “A potential Joe Biden presidency should… Continue reading Bloomberg: Biden election would be good for Bitcoin, bad for DeFi

Bloomberg: Bitcoin ‘has had a tendency of adding zeroes to its price’

In its latest crypto newsletter, Bloomberg observes that Bitcoin (BTC) “has had a tendency of adding zeroes to its price,” noting that the asset previously went from $1,000 to $10,000 in less than four years. Maturation may have slowed this trend somewhat, but Bloomberg does not appear to believe it has reached a full stop.… Continue reading Bloomberg: Bitcoin ‘has had a tendency of adding zeroes to its price’

Bloomberg suggests that Bitcoin should be $15,000 according to this adoption metric

6262 Total views 33 Total shares News According to the Bloomberg crypto newsletter, a key on-chain indicator suggests that Bitcoin (BTC) is currently greatly undervalued. Bitcoin active addresses, the 30-day average. Source: Glassnode. Bloomberg’s crypto analyst Mike McGlone believes that the recent all-time highs in Bitcoin’s hashrate and more importantly, the 30-day average of active… Continue reading Bloomberg suggests that Bitcoin should be $15,000 according to this adoption metric

Bloomberg appearance at DNC outrages progressives

Fox News Flash top headlines for August 20 Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com. Former New York City mayor and billionaire Democratic bundler Mike Bloomberg is set to address the Democratic National Convention (DNC) Thursday amid resentment over an alleged lack of financial commitment to the party so far… Continue reading Bloomberg appearance at DNC outrages progressives

Bloomberg: Americans Trade Depreciating Dollars For Bitcoin

A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC). High saving rates, low yields Because of the COVID-19 lockdown, the personal savings rate in the U.S. is at a historic high. The yield offered by the financial institutions on savings accounts,… Continue reading Bloomberg: Americans Trade Depreciating Dollars For Bitcoin

3 Reasons Why Bloomberg Calling Bitcoin a ‘Resting Bull’ Is Inaccurate

Bloomberg senior commodities strategist Mike McGlone recently released a midyear crypto outlook, which states that Bitcoin volatility should continue to decrease as the asset behaves more like gold. The report also says that primary demand and adoption indicators remain positive. The report concludes that Bitcoin is set for a breakout with a target at the… Continue reading 3 Reasons Why Bloomberg Calling Bitcoin a ‘Resting Bull’ Is Inaccurate

Bloomberg Report: Active Bitcoin (BTC) Addresses Point Towards $12,000

Bitcoin is Maturing With the Rise of CME Bitcoin Futures Open Interest Furthermore, July’s Bloomberg Crypto Outlook report indicated that the continual rise of the CME futures open interest is a confirmation that Bitcoin is maturing. These futures contracts and their corresponding open interest illustrate that Bitcoin is ‘joining the mainstream’ through the trading of… Continue reading Bloomberg Report: Active Bitcoin (BTC) Addresses Point Towards $12,000

Trump trolls Bloomberg, mocks his height with ‘Spaceballs’ tweet

President Trump on Thursday struck back at Mike Bloomberg with a parody video clip showing him giving Bloomberg a stiff-arm as the former NYC mayor haplessly flails at the president with a lightsaber. “Mini Mike, you’re easy,” the commander-in-chief tweeted along with the two-second clip, which shows Bloomberg’s head superimposed on an image of “Spaceballs”… Continue reading Trump trolls Bloomberg, mocks his height with ‘Spaceballs’ tweet

Here's how much Bloomberg spent on the 2020 race

Mike Bloomberg suspends presidential campaign Mike Bloomberg has suspended his presidential campaign after disappointing Super Tuesday results. FOX Business’ Susan Li with more. Former Democratic presidential hopeful Mike Bloomberg spent more than $450 million on his failed bid for office. Continue Reading Below Bloomberg spent approximately $452 million on advertising between November and March, NPR… Continue reading Here's how much Bloomberg spent on the 2020 race

Sanders, Bloomberg drop millions in North Carolina as cash-hungry Warren, Biden near the red

2020 Democrats struggling to keep pace with Bloomberg’s bankroll FOX Business’ Hillary Vaughn on the fundraising efforts of leading Democratic candidates ahead of the Nevada caucus. With less than one week until North Carolina casts its ballot on Super Tuesday, a handful of Democratic presidential candidates are flushing the state with millions of dollars in… Continue reading Sanders, Bloomberg drop millions in North Carolina as cash-hungry Warren, Biden near the red

Sanders, Warren hit Bloomberg over his billions, GOP donations

Bernie Sanders takes lead before Democrats debate in South Carolina Sen. Bernie Sanders, I-Vt., recently released his tax plan to pay for his various programs, but how will it affect the average American? Republican National Committee spokesperson Liz Harrington discusses how many of the Democratic candidates aren’t willing to go after his spending ideas because… Continue reading Sanders, Warren hit Bloomberg over his billions, GOP donations

Bloomberg Qualifies For Las Vegas Debate

Former New York mayor and Democratic presidential aspirant Micheal Bloomberg has qualified for Wednesday’s debate in Las Vegas after garnering 19 percent support in a national poll. The former Republican made a surprise late surge in national poll from NPR, PBS NewsHour and Marist. According to results released on Tuesday, the billionaire came second with… Continue reading Bloomberg Qualifies For Las Vegas Debate

How did Bloomberg make his money?

Bloomberg spokesperson confirms presidential candidate would sell the company if elected president Morning Business Outlook: Spokesperson for presidential candidate Michael Bloomberg confirms that the former New York mayor would sell his media company if elected president. Since entering the presidential race in November, Mike Bloomberg has spent more than $400 million of his own fortune… Continue reading How did Bloomberg make his money?

Bloomberg struggles in #MeToo era with 2020 campaign under a microscope

Las Vegas debate a ‘disaster’ for Bloomberg: Herman Cain The New Voice CEO and former presidential candidate Herman Cain discusses the outcome of the Democratic debate in Las Vegas, Michael Bloomberg’s performance and the likelihood of Bernie Sanders winning the nomination. Mike Bloomberg's name last appeared on a ballot a decade before #MeToo transformed cultural… Continue reading Bloomberg struggles in #MeToo era with 2020 campaign under a microscope

Bloomberg campaign zeroes in on Sanders, casts off Biden

How will Bloomberg perform in his first debate against 2020 Democrats? Fox News contributor and former criminal defense attorney Emily Compagno, LGBT for Trump founder and Right Turn Strategies president Chris Barron and Reason senior editor Robby Soave discuss the 2020 presidential candidates ahead of the first Democratic debate to include Michael Bloomberg. Michael Bloomberg’s… Continue reading Bloomberg campaign zeroes in on Sanders, casts off Biden

Presidential hopeful Bloomberg proposes new taxes, protections to rein in Wall Street

NEW YORK (Reuters) – U.S. Democratic presidential candidate Michael Bloomberg on Tuesday outlined a sweeping financial services policy proposal to rein in Wall Street trading, boost consumer protections, increase Americans’ access to banking services and crack down on financial crime. The left-leaning platform marks a striking turnaround for the former Republican New York mayor and… Continue reading Presidential hopeful Bloomberg proposes new taxes, protections to rein in Wall Street

Democratic presidential hopeful Bloomberg calls for tighter financial industry regulations

NEW YORK (Reuters) – U.S. Democratic presidential candidate Michael Bloomberg on Tuesday proposed a raft of new regulations aimed at Wall Street, including the phasing in of a financial transaction tax of 0.1% and stronger consumer protections. The campaign said he would toughen stress tests for the largest financial institutions, merge the government-sponsored mortgage giants… Continue reading Democratic presidential hopeful Bloomberg calls for tighter financial industry regulations