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“# ‘Ethereum only’ investors are growing, according to Grayscale ” Bitcoin (BTC) got many investors hooked on crypto, but it’s Ethereum’s Ether (ETH) that’s beginning to garner more attention, according to Grayscale. In a phone interview with Bloomberg, managing director Michael Sonnenshein said 2020 has seen a significant rise in “Ethereum only” investors, underscoring the…
“# Bloomberg’s McGlone thinks Bitcoin could hit $170K over the next two years ” Bitcoin (BTC) has risen to rarely seen price highs, currently stalling between $17,000 and $18,500 before deciding on its next move. Gold recently broke all-time U.S. dollar price highs, surpassing $2,000 per ounce before pulling back and consolidating in price. Bloomberg…
“#Michael Bloomberg in talks to take his media empire public” Michael Bloomberg has been in talks to take his media empire public through an entity controlled by billionaire Bill Ackman, The Post has learned. The former mayor of New York City and failed presidential hopeful recently entertained an offer to sell a minority stake in…
“# Bloomberg: Biden election would be good for Bitcoin, bad for DeFi ” The latest Bloomberg crypto newsletter contends that the election of Joe Biden would bring greater mainstream adoption of Bitcoin (BTC), including a potential ETF approval. Further, it referred to the Trump administration’s policies with regard to crypto as “hands-off”: “A potential Joe…