Crypto-focused technology firm Elwood, owned by billionaire fund manager Alan Howard, is to integrate its trading platform with Bloomberg’s Asset and Investment Manager (AIM) system. Source BloombergBuySideCryptoElwoodIntegratesOrderPlatformSystemTechnologies039 CryptoX Portal
Crypto-focused technology firm Elwood, owned by billionaire fund manager Alan Howard, is to integrate its trading platform with Bloomberg’s Asset and Investment Manager (AIM) system. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Joining Cassandra on the Daily Dive today for the first time is Suzanne Ennis, Head of Investor Relations and Corporate Development at Hut 8 Mining (TSX: HUT, NASDAQ: HUT). She talks about the company’s hodl strategy with respect to capital capacity and shares updates on the cyrpto miner’s production and financials. In addition, she answers questions about the firm’s strategy to enter the ethereum space, the effect of the pending US Infrastructure bill on the crypto industry, and the outlook on the…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ark investment Management CEO Cathie Wood joins Bloomberg’s Carol Massar at the Milken Institute’s 2021 Global Conference in Beverly Hills, Caliifornia. (Source: Bloomberg) ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.’” Grayscale’s First ETF Grayscale Investments, the world’s largest digital currency asset manager, announced Wednesday the launch of its first exchange-traded fund (ETF) called Grayscale Future of Finance ETF (symbol: GFOF). The company explained that its new ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.’” In addition, it is “the first equity ETF to track the investment…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Harry Yeh, founder and managing partner at Quantum Fintech Group, says we could be entering a supercycle for cryptocurrencies. He’s on “Bloomberg Markets.” ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
The BGFOF index was launched in January in conjunction between the two firms and tracks the performance of 22 financial services companies in the digital economy. The list of companies includes Silvergate Capital (SI), PayPal (PYPL), Coinbase Global (COIN), Block (SQ), Robinhood Markets (HOOD), Argo Blockchain PLC (ARB) and more. The index, which can include payments, exchange, asset management, hardware, blockchain/tech and mining companies, is rebalanced every quarter. Source
Bitcoin (BTC) could still fall under $30,000, but some prominent sources are already calling the end of the latest bearish turn on BTC/USD. In a tweet on Jan. 25, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, eyed Bitcoin’s position relative to its 20-week moving average, noting that historically, current levels have marked a turning point. McGlone: Bitcoin “a bit extended” at all-time highs Still hopeful for Bitcoin to weather a macro storm this year, McGlone’s data places BTC/USD at the same position in which it halted downtrends in March…
Bitcoin and Ethereum have led the market in the recent downturns that have rocked the market. These two digital assets are no doubt market movers in their own right and as such, uptrends or downtrends begin with them. It has raised concern among investors who believe that the market is finally heading into a stretched-out bear market. However, not everyone believes this as some believe the current downtrend is only temporary. Mike McGlone On Bitcoin And Ethereum Mike McGlone is one of the leading Bloomberg analysts. Focused on the financial…
Bloomberg analyst Mike McGlone is convinced Bitcoin is on track to reach $100K in 2022, as it completes its transition from a risk-on to risk-off asset. While the Fed is planning to raise interest rates to fight inflation, risk-on assets like crypto may suffer, as people would likely prefer to invest in fixed-income assets like bonds. While this trend may represent a short-term hurdle, McGlone said he is confident that Bitcoin will still appreciate significantly in 2022: “Bitcoin is in a unique phase, I think, of transitioning from a risk-on…