Bloomberg strategist forecasts Bitcoin to rise over the next six months
Bitcoin is showing the same pattern as when the 2018 bear market ended. This conclusion was reached by Mike McGlone, senior Bloomberg Intelligence strategist for commodities.Experts and thought leaders on the digital economy and cryptocurrency market.
Bloomberg strategist forecasts Bitcoin to rise over the next six months
Bitcoin is showing the same pattern as when the 2018 bear market ended. This conclusion was reached by Mike McGlone, senior Bloomberg Intelligence strategist for commodities.
‘The Wolf of Wall Street’ says bitcoin is a long-term hedge against inflation
Former American broker Jordan Belfort, known as the ‘Wolf of Wall Street’, urged buying bitcoin for a horizon longer than one to two years as a long-term hedge against inflation.
Cumberland flags risk of asset liquidations by troubled firms
Market recovery will determine how quickly the assets of troubled firms are liquidated to the benefit of stronger players in the industry, according to Cumberland, the market-maker.
Jim Cramer: The Fed Secures an Outstanding Victory Over Cryptocurrencies
Former hedge fund manager of Cramer & Co. and host of CNBC's Mad Money, Jim Cramer, noted progress of the U.S. Federal Reserve in its fight against digital assets.
Snoop Dogg: The Crisis Will Benefit the Crypto Industry
The current crisis in the cryptocurrency industry has weeded out those who do not belong and who 'abused the opportunities'. This view was voiced by American rapper Snoop Dogg in an interview with CNBC.
American Express weighs the prospects for crypto payments
Crypto payments will become a reality in the future, but at present they are economically inefficient. In an interview with Cointelegraph, Gonzalo Pérez del Arco, American Express's director of government affairs for Southern Europe, said.
Mike Novogratz Sets Timeline for End of the Crypto Market Recession
The crypto market downturn is expected to last about 18 more months, with the first signs of the industry's recovery appearing after the Fed eases monetary policy, according to Galaxy Digital head Mike Novogratz.
Co-founder of Chinese blockchain platform calls Bitcoin a Ponzi scheme
Unregulated cryptocurrencies, including Bitcoin, are 'the largest Ponzi scheme in human history'. This view was expressed by Red Date Technology CEO and BSN co-founder He Yifan in his article for The People’s Daily.
Kaiko forecasts a difficult period for crypto exchanges
Cryptocurrency exchanges will be tested by adverse market conditions, shrinking client activity and problems among several industry participants. Some may go bankrupt if they are not bailed out by firms such as FTX or Alameda, Kaiko notes.
Bloomberg: Bitcoin slump threatens $4 billion in miner-loan defaults
Some mining companies have faced trouble servicing loans secured by Bitcoin mining equipment. According to Bloomberg, total risk to lenders could reach $4 billion.
Cardano founder urges US regulators to adopt internet-style approach to crypto regulation
Cryptocurrency regulation should be carried out as a public-private partnership modelled on the internet. This view was voiced at a US congressional hearing by Cardano founder Charles Hoskinson.
Anthony Scaramucci calls Bitcoin ‘technically oversold’
The first cryptocurrency is 'technically oversold' when looking at the current price in the context of exponential growth in wallet activity and the expanding number of use cases. This was stated by SkyBridge Capital head Anthony Scaramucci, CoinDesk reports.We use cookies to improve the quality of our service.
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