Tag: Bloomberg

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Standard Chartered explores full takeover of crypto custodian Zodia: Bloomberg

Standard Chartered PLC is reportedly seeking to fully acquire Zodia Custody Ltd. to merge it with one of its digital asset divisions, sources close...

Morgan Stanley’s Bitcoin ETF Set to Launch on April 8: Bloomberg

MSBT will launch tomorrow as the lowest-fee Bitcoin ETF on the market, potentially kicking off a fee war among funds.Morgan Stanley's much-anticipated spot Bitcoin...

‘A Hurricane Coming’: Bitcoin Could Fall to $10K This Year, Says Bloomberg Analyst

In brief Bloomberg Intelligence’s Mike McGlone reiterated his view that Bitcoin’s price could fall to $10,000 this year. He argued that the leading cryptocurrency by market...

Prediction market Kalshi raises $1 billion at double its December valuation: Bloomberg

Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter.The...

Bloomberg Strategist Warns of 2008 Replay for Global Markets

As the conflict involving Iran drags on and global energy supplies risk prolonged disruption, most financial assets are likely to behave like risk assets,...

Bloomberg strategist doubles down on $10,000 bitcoin call but peers say its ‘silly’

Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall...

Banking Giant Barclays Mulls Crypto Payments Push: Bloomberg

In brief Barclays has requested information from technology providers regarding a potential push into blockchain, according to Bloomberg. The banking giant is said to be considering...

Barclays explores blockchain platform for payments: Bloomberg

Multinational bank Barclays (BARC) is exploring the creation of a blockchain platform for payments and other processes, Bloomberg reported on Friday.The London-based financial services...

Bloomberg Report Argues Bitcoin’s Digital Gold Thesis Is Cracking, Bitcoiners Disagree

A new Bloomberg analysis argues bitcoin is facing a “$1 trillion identity crisis,” as falling prices, exchange-traded fund (ETF) outflows, and rising competition from...

Bitcoin price will fall to $10,000 as crypto ‘bubble is imploding,’ warns Bloomberg analyst – DL News

Bitcoin is set to collapse by another 85%, analyst warns.AI disruption fears trigger broad stock market selloff.The cryptocurrency market “bubble is imploding” with Bitcoin’s...

Jump Trading to take small stakes in prediction markets Polymarket, Kalshi: Bloomberg

Jump Trading plans to take a small stake in each of the prediction-market platforms Kalshi and Polymarket, Bloomberg reported on Monday, citing people with...

Why crypto is getting ‘Trumped’ as Bitcoin price plunges to $60,000, forecasts Bloomberg analyst – DL News

Bitcoin extends losses dipping to nearly $60,000 on Friday.Analysts list three reasons why the top crypto is getting hammered.Bitcoin tumbled to nearly $60,000 on...