The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Crypto Markets Regain Billions, Bitcoin Price Bounces Back…
The price of bitcoin and a number of digital assets saw significant gains on Monday, as the entire market capitalization of the crypto economy has gained 2.4% in the last 24 hours. Bitcoin’s value passed…
Bitcoin Hits $56,000, What’s Next?
In January 2021, Bloomberg Analyst Mike McGlone predicted that the price of bitcoin would hit $50,000 at some point this year. At the time, the value of the leading crypto asset was merely hovering above…
Bitcoin Explodes Towards $52,000 as Gold Forms Bearish…
Bitcoin achieved yet another record high in a price rally that has already seen it surging by more than 1,100 percent from its March lows last year. Incidentally, gold, which many consider Bitcoin’s top safe-haven…
Bitcoin volatility lower than 2017 levels as price…
Bitcoin (BTC) has hit a new high above $51,300 in a continuation of its bullish advance that begun in October 2020. According to Bloomberg, the current run is different from the 2017 bull rally that…
Bitcoin’s Rapid Increase Should Compel Crypto Investors to…
Sandeep Biswas, chief executive officer of Newcrest Mining, one of the world’s biggest gold miners, has said that the sharp increase in bitcoin prices should compel crypto investors to hold gold as a safe-haven asset.…
Bitcoin Explodes Above $44K After Tesla Buys BTC:…
Bitcoin exploded to a new record high on Monday after Tesla revealed that it had purchased around $1.5 billion worth of the cryptocurrency in January. The flagship cryptocurrency reached $44,900 ahead of the New York…
Bitcoin Climbs Past $40k, Analyst Expects Another Jump…
The price of bitcoin is nearing the crypto asset’s all-time price high on Saturday, as the digital currency has gained over 6% during the last 24 hours. The last time BTC was this high in…
DeFi boom pushes Universal Market Access (UMA), SwissBorg…
The total market capitalization of cryptocurrencies surged to $1.139 trillion on Feb. 4, just short of silver’s total market cap at $1.5 trillion. While the crypto market cap is still way below that of gold,…
Zero to $318,000: Proponents and Detractors Give a…
While bitcoin has jumped well above the $26,000 zone, a number of crypto proponents are extremely bullish for the crypto asset’s performance in 2021. During the last year, a number of pundits, experts, luminaries, and…
Bitcoin Tilts Higher as Pelosi Signals Stimulus Bill…
Bitcoin posted modest gains on Thursday as Democratic leaders signaled to reach an agreement with Republicans to pass the second round of COVID-19 stimulus by year’s end. House Speaker Nanci Pelosi (D-Califonia) said on Wednesday…
Bloomberg lists 5 bullish trends for Bitcoin price…
Bitcoin (BTC) continues to convert some of its harshest traditional critics from mainstream finance as Bloomberg admits that this bull run is nothing like 2017. In an article on Nov. 27, the publication known for…
Previous Bitcoin Bull Run Patterns Suggest Current Run…
While digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw…
Bitcoin price breaks past $18.8K as bears and…
There are both bearish and bullish scenarios for Bitcoin in the foreseeable future. The bear cases surround two key data points: rising BTC deposits from whales to exchanges and BTC’s lack of retests of crucial…
Price analysis 11/20: BTC, ETH, XRP, LINK, LTC,…
Bitcoin’s (BTC) current rally has largely been led by investments from institutional investors and publicly listed companies. Data from Bitcointreasuries shows that companies hold about 4.54% of the current Bitcoin supply. A survey of 700…
Price analysis 11/16: BTC, ETH, XRP, LINK, BCH,…
As Bitcoin (BTC) continues to rally to a new 2020 high above $16,700, traders are pondering whether this is the start of a new bull market. Mike McGlone, senior commodities strategist at Bloomberg Intelligence, believes…
Bitcoin Price Spikes Over 9% as the Crypto…
The crypto economy has jumped over the $400 billion mark and is now hovering around $414 billion at the time of publication. The largest crypto asset in terms of market cap, bitcoin has over 9%…
Bitcoin sees record 100 days above $10K as…
Bitcoin (BTC) has officially beaten a new record as BTC/USD trades above $10,000 for 100 days, and major gains should come next. As voting in the United States’ presidential election ended on Nov. 3, Bitcoin…
Commodity Analyst: ‘I Don’t See What’s Going to…
A senior strategist with Bloomberg Intelligence says that he does not see what’s going to stop bitcoin from appreciating. He explains that as bitcoin matures, it will trade more like gold than stocks. The strategist…
‘I Don’t See What’s Going to Stop Bitcoin…
A senior strategist with Bloomberg Intelligence says that he does not see what’s going to stop bitcoin from appreciating. He explains that as bitcoin matures, it will trade more like gold than stocks. The strategist…
Bloomberg Intelligence Strategist Hints At Bitcoin Bull Run…
Earlier in 2020, Bloomberg Intelligence claimed Bitcoin would soon reach $12,000 and would be a primary beneficiary in the post-pandemic world. The prediction coming true has the analyst who made the call sharing a new…
After PayPal & Paul Tudor Jones, Bitcoin Tops…
It has been a big week for Bitcoin. At press time Bitcoin has held levels above $12,000 since Wednesday, and appeared to be on track to break through the $13,000 resistance. Join your industry leaders…
After PayPal & Paul Tudor Jones, Bitcoin Tops…
It’s been a big week for Bitcoin. At press time Bitcoin has held levels above $12,000 since Wednesday, and appeared to be on track to break through the $13,000 resistance. Join your industry leaders at…
Tethers market cap could overtake Ethereum’s next year…
A new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). According to Bloomberg’s Crypto Outlook…
Las Atlantis: A New Bitcoin-Friendly Online Casino
US Senate Candidate Is a Hodler, Sees Bitcoin as Alternative Store of Value to US Dollar US Senate candidate Cynthia Lummis is pro-bitcoin. She bought her first bitcoin during her time in Congress. Now she…
Bitcoin To Hit $100,000 in Five Years as…
Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to…
Bitcoin Is Undervalued, Fair Value Price Should Be…
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the…
Bloomberg suggests that Bitcoin should be $15,000 according…
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…
‘Time to go up’ — Bitcoin price due…
It’s high time for Bitcoin (BTC) to begin its next significant price rise, the creator of one of the best-known BTC price models says. In a tweet on Sep. 14, quant analyst PlanB highlighted increasing…
Bloomberg: Correlation between Bitcoin and gold reaches its…
In its latest crypto newsletter, Bloomberg said that according to its records, the correlation between Bitcoin (BTC) and gold is at its highest level since 2010: Bitcoin and gold correlation. Source: Coin Metrics. If you…
Bitcoin Struggles to Surpass $12.5K: Is a Correction…
Now that Bitcoin has been dancing between roughly $11,000 and $12,000 for the better part of a month, investors are wondering what’s going to come next. 2020 has been a crazy year in the financial…
Price Analysis 8/19: BTC, ETH, XRP, LINK, BCH,…
Bloomberg Intelligence senior strategist Mike McGlone is bullish on Bitcoin (BTC) as he believes that “something unexpected needs to happen for Bitcoin's price to stop doing what it's been doing for most of the past…
Goldman’s Digital Assets Chief: Interest in Crypto Is…
The crypto market is one of the best-performing markets in 2020. Year to date, the market capitalization of all digital assets is up by approximately 80%. Bitcoin alone is up 65%. According to Goldman Sachs’…
Cointelegraph Live on YouTube: Learn Trading Crypto From…
Cointelegraph presents the world’s largest live event fully dedicated to crypto trading: Cointelegraph Crypto Traders Live. Join us for over nine hours of nonstop crypto content and more than 30 star speakers and crypto trading…
Wall Street Veteran Says Bitcoin on Track to…
Bitcoin is surging higher after consolidating under $10,000 for a number of weeks and months. As of this article’s writing, the leading cryptocurrency is trading at $11,000 — a price nearly 20% higher than it…
Bitcoin’s “Intrinsic Value” Nears $13k — Here’s Why…
Bitcoin has performed extremely well since March’s lows, rallying over 150% from the $3,700 capitulation bottom. Even after a strong $1,200 retracement from the $10,500 highs, BTC is still one of the best-performing assets of…
3 Reasons Why Bloomberg Calling Bitcoin a ‘Resting…
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…
Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700…
It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed…
Top 5 Cryptocurrencies to Watch This Week: BTC,…
Coronavirus cases across the globe topped 10 million today and the number of new cases in the U.S. has risen to new records in the past few days. This has put the economic revival in…
Bloomberg: ‘Bitcoin a Caged Bull Set for Breakout,…
Bloomberg remains optimistic about Bitcoin (BTC) as long as it stays above a key resistance level. Bitcoin Bollinger Bands. Source: Bloomberg The latest report by Bloomberg analyst, Mike McGlone, contends that Bitcoin is consolidating. He…
Bloomberg Analyst Sees Bitcoin at $13K Despite Hints…
Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold. He also highlighted…
Goldman Sachs Butts Heads With Bloomberg Over Bitcoin
According to a leaked PowerPoint slide, Goldman Sachs, in a May 27 call discussing the U.S. economic outlook, stated that cryptocurrencies are not an asset class. The wording of the slide appears to discourage its…
Why Bitcoin Claiming This Crucial Level Will Set…
After plunging as low as $8,800 on Thursday, Bitcoin has mounted a slight recovery to $9,300, bouncing back from this week’s shell-shock rumor that Satoshi Nakamoto is liquidating his coins. While it’s too soon to…
Institutional Investors Buying Up BTC Like Crazy After…
Both data and first-hand accounts from industry insiders indicates that an interest in Bitcoin (BTC) from institutional investors is accelerating at a rapid pace. This has led some to conclude that the “perfect storm” is…
Price Analysis 5/6: BTC, ETH, XRP, BCH, BSV,…
Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal,…
Bitcoin Pulls Away From Stock Market as Price…
Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone…
Bloomberg Analyst Gives A Simple Reason Why BTC…
Mike McGlone, Bloomberg’s senior commodity strategist, in his latest Bitcoin report remains bullish on the “first-born” crypto and points to the advantage it holds over its hedging rival gold: “Unlike quasi currency brethren gold, higher…
Bitcoin Has Entered “Optimism” Phase — Is “Belief”…
Data from the blockchain intelligence company, Glassnode, suggests that Bitcoin (BTC) has entered the “Optimism” phase amongst traders. The metric subtracts the net unrealized loss from the net unrealized profit of all circulating Bitcoin supply…