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” Bitcoin may behave more like US Treasury bonds: Bloomberg Intelligence “ The latest crypto market research from Bloomberg Intelligence suggests that Bitcoin (BTC) may start to behave more like United States Treasury bonds and gold, rather than stocks. In its August “Crypto Outlook” report, penned by senior commodity strategist Mike McGlone and senior market structure…
” Bloomberg analyst tips bullish BTC recovery in next six months “ Bloomberg’s senior commodity strategist Mike McGlone is tipping that the price of Bitcoin (BTC) will rebound in the second half (2H) of 2022. Sharing his thoughts to his 48,100 Twitter followers on July 6, McGlone saw positive signs in the data Bloomberg’s Galaxy…
” Bloomberg Terminal supersizes its crypto coverage: 40 more coins “ Financial and technical information platform Bloomberg has vastly expanded its coverage of crypto markets after a decision to include data on the top 50 crypto assets to the Bloomberg Terminal. Product manager for cryptocurrencies at Bloomberg Alex Wenham suggested that as “the global institutional…
” Bitcoin’s rocky road to becoming a risk-off asset: analysts investigate “ May 5th was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7% while the NASDAQ slipped over 5%. Many hoped for capitulation in the trade and crypto markets, and although the short-term outlook for Bitcoin…
“New changes Coming To The Twitch Partner Program This Summer! » OmniGeekEmpire” Twitch has made some major changes to their partner program, some good, but most bad for streamers in question! While nothing is finalized, streamers will be expected to run more ads, as the new revenue split goes from 70-30 to 50-50, something I’m…
“Andrew Giuliani rips Lee Zeldin as Cuomo clone in ugly GOP ballot battle” Republican gubernatorial hopeful Andrew Giuliani ripped into rival Lee Zeldin as a clone of disgraced ex-Gov. Andrew Cuomo after accusing the Zeldin camp of leading an effort to have him knocked off the primary ballot. Giuliani, the son of former New York…
“NYC slice costs more than a subway swipe for first time” A slice now costs more than a swipe. That breaks the “pizza principle,” a New York City economic precept that holds that the price of a piece of cheese pizza and a single ride on the subway rise together, staying the same price. The…
” Ethereum’s TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target “ Another big drop in the U.S. stock market could leave Ethereum’s native token Ether (ETH) in a similar downside spell, according to the latest Bloomberg report on digital assets. Ethereum faces global recession risks Mike McGlone, the senior commodity strategist…
“#Bloomberg accidentally reports that Russia invaded Ukraine” Bloomberg made a blunder. The financial news site accidentally reported that Russia had invaded Ukraine Friday afternoon with a headline on its homepage. “Live: Russia invades Ukraine,” read a jarring headline on Bloomberg’s homepage at around 4 p.m. It stayed up for about 30 minutes, according to Olga…
“# Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s ” El Salvador’s historic embrace of Bitcoin (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service. Moody’s analyst Jaime Reusche told Bloomberg this week that El Salvador’s Bitcoin gambit “certainly adds to the risk portfolio” of a…