Bitcoin Magazine Bitcoin ETFs Could Triple Gold Counterparts as Asset Matures: Expert Bloomberg ETF analyst Eric Balchunas said the younger generation could be drawn to bitcoin. This post Bitcoin ETFs Could Triple Gold Counterparts as Asset Matures: Expert first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Bloomberg's Eric Balchunas says Bitcoin ETFs will triple gold funds in assets. Gold still leads by $519 billion.
BeInCrypto•Lockridge Okoth6h ago
Bitcoin ETFs' rapid growth signals a shift in investment trends, potentially reshaping asset allocation strategies and financial markets.
CryptoBriefing•Editorial Team9h ago
Ethiopia has cut electricity supplied to Bitcoin miners to 23% of contracted levels after a 20% drop in reservoir inflows strained the country’s hydropower system. Bloomberg reported on Tuesday that El Niño had intensified dry conditions across the East African…
The anticipated rate hike could signal a shift in monetary policy, impacting economic growth, inflation control, and market stability.
CryptoBriefing•Estefano Gomez15 Sept
The House Ways and Means Committee has released a 114-page crypto tax package that would exempt certain network fees under $10 from tax while extending wash-sale rules to digital assets ahead of a Sept. 16 committee markup. Bloomberg Government reported…
House Ways and Means Chair Jason Smith unveiled a 114-page crypto tax bill on Monday night that would stop taxing network fees under $10, setting up a committee markup on Wednesday, Sept. 16. What the Bill Actually Changes Bloomberg Government reported that Smith, a Missouri Republican, released the text on Monday night and that it […]
Bitcoin.com News•Shiraz Jagati15 Sept
ByteDance signed a $29.6 billion loan involving 28 banks as the TikTok developer increases spending on AI chips and data centers.
Regional tensions exacerbate UAE's economic vulnerabilities, potentially impacting global markets and regional stability.
CryptoBriefing•Estefano Gomez14 Sept
Persistently high gas prices may dampen consumer spending, influence crude oil futures, and signal broader economic challenges.
CryptoBriefing•Estefano Gomez13 Sept
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, stressed that high stock prices and upcoming interest rate hikes suggest bitcoin’s price may retrace meaningfully to $10,000, serving as a leading indicator of a risk-asset drawdown. Bloomberg’s McGlone: Bitcoin’s ‘A Dud,’ ‘Beta’ While the cryptocurrency market enjoyed one of its finest Augusts ever, with Bitcoin prices […]
Bitcoin.com News•Sergio Goschenko13 Sept
Bloomberg's Mike McGlone warns Bitcoin's tight correlation with S&P 500 and pending Fed hikes spark sell signals targeting a potential drop to $10,000.
U.Today•Gamza Khanzadaev13 Sept
Rising U.S. interest costs may force the Fed to reconsider its rate-hike strategy, impacting inflation control and economic stability efforts.
CryptoBriefing•Estefano Gomez13 Sept
The committee's actions could enhance regulatory clarity, potentially boosting market confidence and influencing cryptocurrency demand.
CryptoBriefing•Estefano Gomez12 Sept
Riot Games has discussed potential esports sponsorship agreements with prediction market operators Kalshi and Polymarket as the League of Legends World Championship approaches in October. Bloomberg reported on Sept. 11, citing people familiar with the private talks, that the Tencent-owned…
The allegations could undermine trust in AI model integrity, affecting market dynamics and competitive positioning in the AI industry.
CryptoBriefing•Estefano Gomez10 Sept
Bitcoin Magazine Nasdaq Invests $100M in Kraken Parent Company: Report The deal between Kraken and Nasdaq will help build infrastructure for tokenization, according to a Bloomberg report. This post Nasdaq Invests $100M in Kraken Parent Company: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Nasdaq Ventures has agreed to invest $100 million in Kraken parent Payward as the companies deepen a partnership designed to move traditional stocks onto blockchain networks and build markets that can operate beyond conventional trading hours. The investment, announced Sept. 10, adds financial backing to a relationship Nasdaq and Payward established in March. Bloomberg, citing […]
Bitcoin.com News•Jamie Redman10 Sept
On Thursday, Coinbase CEO and founder Brian Armstrong appeared on a Bloomberg Insight video with Haslinda Amin, and he seemed pretty convinced that the worst of bitcoin’s current cycle is behind it. Bitcoin’s price has trended below the $77,000 range on Thursday, and it has lost 3.3% over the last day. The downtrend picked up […]
Bitcoin.com News•Jamie Redman10 Sept
Nasdaq Ventures agreed to put $100 million into Kraken's parent company, at a $21 billion valuation according to Bloomberg, and Payward will adopt Nasdaq's surveillance technology across its trading venues.
The Defiant•The Defiant Team10 Sept
