Tag: Bloomberg

PS4 Crypto Farm Actually Mining FIFA Cards, Not Bitcoin – IGN Daily Fix

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s episode, thousands of PS4’s that were seized in a crypto mining scheme weren’t actually mining for cryptocurrency. Well, not all of them, anyway. They were actually used to mine for…FIFA Ultimate Team cards? Guess that’s the new currency of the future. A recent Bloomberg reported stated that the new Switch OLED models cost only $10 more to manufacture compared to the older models, and Nintendo has come out denying those claims. While they didn’t specify how much it costs to…

Bitcoin Cryptocurrency For Beginners 2021

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A beginners guide to investing in bitcoin in 2021 📊 Sven Carlin (Expert Investor) Portfolio & Free Investing Course: ✔️Start Investing Now: 💰 Get FREE STOCKS With WeBull: __________________________________ Bitcoin has been one of the most talked about investments over the past couple of years. It’s made a lot of people rich, but guess what it’s also made quite a few people poor. The reason being is because they’re uneducated about the investment that they’ve made. And that’s the whole point of…

Bitcoin Spikes After Bloomberg Reports SEC Won’t Block Futures ETF

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Bitcoin’s $50K resistance to become support in Q4 — Bloomberg commodity strategist

Bitcoin’s (BTC) meteoric rise above $50,000 this week is likely to continue well into the fourth quarter, as the psychological resistance flips to support during the next leg of the bull market, according to Bloomberg’s senior commodity strategist Mike McGlone. On Tuesday, McGlone circulated the October 2021 edition of the Bloomberg Galaxy Crypto Index, which provided an overview of where digital assets could be headed for the rest of the year. In the report, McGlone speculated that Bitcoin’s $50,000 resistance — a level that has proven impenetrable since the May…

Bitcoin Mining Stocks BOUNCE BACK! $RIOT and $MARA Price Prediction + Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Are you more bullish on Riot Blockchain or Marathon Digital? 📈 Let me know in the comments! 💬 Also, you can support the channel by liking the video and checking out the links below.👇🏼 Appreciate you! 🙏🏼 💸📊 My Complete Portfolio + Daily Newsletter. This is a complete list of my options, stocks, and cryptocurrency positions. I update it every trading day during market hours, and send out an email newsletter explaining my thoughts. – 👾💎 Exclusive WAVE$ Discord Group: 📲 📸…

Why Grantham Says the Next Crash Will Rival 1929, 2000

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Jan.22 — Jeremy Grantham, co-founder and chief investment strategist of Boston’s GMO, believes U.S. stocks have become an epic bubble and will burst in a collapse rivaling the crashes of 1929 and 2000. In this interview, he explains why, discusses the futility of Federal Reserve policy, criticizes the state of American capitalism, and shares his thoughts on gold, Bitcoin, emerging markets and climate change. He spoke exclusively to Erik Schatzker on Bloomberg’s “Front Row.” ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io…

Bitcoin May Rise to $175,000 by Year End: Diginex CEO

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Mar.14 — Richard Byworth, chief executive officer of Diginex Ltd., a Nasdaq-listed digital asset financial services company, discusses the outlook for bitcoin and the launch of the company’s own token EQUOS Origin. Bitcoin eased back after scaling $61,000 for the first time on bets that some of the pandemic relief payments in the U.S. will end up chasing the digital token’s towering rally. Byworth speaks on “Bloomberg Markets: Asia.” ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin is ‘caged bull’ ready to escape at $60K — Bloomberg Intelligence

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Bitcoin (BTC) is a “caged bull” and the end of its current price run is nowhere near at $60,000, says Bloomberg Intelligence. In a tweet on April 12, senior commodity strategist Mike McGlone delivered his latest bullish verdict on the state of Bitcoin this month.  Analyst: 2021 bull market is “tame” According to McGlone, who eyed a declining BTC supply coupled with roaring demand from new investors, Bitcoin has far to go before it reaches a cycle top, or “plateau.” “Still in Price-Discovery Mode, Bitcoin Plateau Appears Distant — Bitcoin…

New Report by Bloomberg Suggest Bitcoin Price at $400,000 This Year Already

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According to Bloomberg, Bitcoin price has an upper hand in comparison to Gold based on underlying factors. In a newly published report dubbed Bloomberg Crypto Outlook April edition, the Bloomberg researchers suggest Bitcoin price could rally and close 2021 at $400,000. Bloomberg analysts used historical data, particularly a year later after the past halving events. According to the researchers, Bitcoin price is set for a similar rally as 2013 and 2017 that saw the asset at its highest point respectively. “The technical outlook for Bitcoin in 2021 remains strongly upward…

Bitcoin Replacing Gold is More Sudden than Gradual – Bloomberg Report

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Quick take: Bitcoin replacing gold is occurring at a fast rate as investors divert funds ‘to where it is treated best’ Gold still maintains its place in jewelry and coin collections, but Bitcoin is replacing it as a store of value BTC’s volatility and ETF flows indicate that Bitcoin is in the early days of gaining against Gold The amount of Bitcoin leaving crypto exchanges is a sign of increased demand The team at Bloomberg has released their April 2021 Crypto Outlook report in which they point out that Bitcoin…