Bloomberg Analyst: ANOTHER Bitcoin Futures ETF Could Begin Trading This Week
Analyst Bloomberg

Bloomberg Analyst: ANOTHER Bitcoin Futures ETF Could Begin Trading This Week

Bloomberg received a listing action from Valkyrie Funds for their bitcoin futures ETF.The Valkyrie Bitcoin Strategy ETF could begin trading on Wednesday or Thursday after ProShares’ bitcoin futures ETF starts trading tomorrow.However, there is still one last step before confirmed listing on the NYSE — a post-effective prospectus filing.Bloomberg received a listing action from Valkyrie Funds for…

Bloomberg Report: Bitcoin On $100,000 Is Route Of Least Opposition
Bloomberg Report

Bloomberg Report: Bitcoin On $100,000 Is Route Of Least Opposition

Bloomberg said Bitcoin is set to reach $100,000 soon and become the world’s reserve asset as its unique properties become more evident.Bloomberg has published the September edition of its Crypto Outlook report, sharing how the company’s analysts are navigating the market and measuring adoption rates as well as demand and supply dynamics. According to the…

Bloomberg senior strategist calls Bitcoin a worldwide reserve asset in relation to $100K
Bloomberg senior

Bloomberg senior strategist calls Bitcoin a worldwide reserve asset in relation to $100K

Following a massive correction, digital assets led by Bitcoin and Ethereum are on track for new highs, according to a new report from Bloomberg.

Bloomberg strategist explains why 30-year People bonds have ‘bullish implications’ for Bitcoin
Bloomberg strategist

Bloomberg strategist explains why 30-year People bonds have ‘bullish implications’ for Bitcoin

Long-dated US Treasury yields are slumping ahead of the Jackson Hole meeting.

Bloomberg Intelligence Document: Bitcoin Price ‘On Monitor’ for $100,000
Bloomberg Intelligence

Bloomberg Intelligence Document: Bitcoin Price ‘On Monitor’ for $100,000

A new report from Bloomberg Intelligence suggests the Bitcoin price may soon approach $100,000 should historical trends continue.This month’s “Bloomberg Crypto Outlook” reports a bullish future trajectory for Bitcoin, stating “we see performance parallels that could get the benchmark crypto back on track toward $100,000.”The intelligence report stated, “What’s changed in about three years is…

Bloomberg Analyst Sees A U.S. Bitcoin ETF Coming In 2021
Analyst Bloomberg

Bloomberg Analyst Sees A U.S. Bitcoin ETF Coming In 2021

Bloomberg’s top ETF analyst Eric Balchunas sees 2021 has explained why the approval of a bitcoin ETF in the U.S. might be imminent.There has been a lot of hype over a bitcoin exchange-traded fund (ETF) arriving in the U.S. since at least 2017, with many firms filing for regulatory approval to offer one this year.Although…