News with the tag "Bloomberg Intelligence"

Dogecoin has experienced heightened volatility over the last 48 hours, with its price swinging from a low of $0.157 to a brief peak of $0.185. Although this move was part of a growing bullish interest in the wider crypto market , the meme coin has since slipped back to $0.172 at the time of writing....

With lawsuits still pending over Solana’s classification as a security, SOL ETFs will likely have to wait until next year for their debut.

Lately, the price of Bitcoin has been fluctuating due to overall market turbulence, causing broader fear and uncertainty within the general crypto landscape. Considering the current trend of several indicators, the digital asset could be poised for more volatility in the upcoming days. Bitcoin’s Pri...

In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s ...

In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current economic situation might surpass the 2008 financial crisis in severity. Drawing comparisons to pre-2008 indicators, McGlone highlighted significant risks of increased s...

After news of the potential launch of the first Ethereum Spot Exchange-Traded Funds (ETFs), optimism among ETH institutional investors has witnessed a significant rise, surpassing that of retail investors towards the crypto asset. Institutional investors’ positive sentiment may be explained by a num...

Analysts’ optimism on the likelihood of Ethereum Spot Exchange-Traded Funds (ETFs) approval in May is constantly waning, as the once optimistic senior Bloomberg Intelligence analyst Eric Balchunas has lowered his prediction for the products being approved to a mere 25%. Ethereum Spot ETFs Odds Conti...

Bitcoin (BTC) Spot Exchange-Traded Funds (ETFs) are currently in the limelight as the products have seen massive net inflows in the past few days than in the initial weeks of introduction, dominating the market of crypto investment products. Bitcoin ETF Inflows Surges In The Last 4 Days Thomas Fahre...

Wall Street titan and Asset manager Franklin Templeton has applied for an Ethereum Spot Exchange-Traded Funds (ETF) after a struggle to gain approval for their Bitcoin Spot ETF in early January. Asset Manager Files For Spot Ethereum ETF Asset managers have gravitated toward the Ethereum spot ETF sin...

Bitcoin Spot Exchange-Traded Funds (ETFs) have once again garnered the attention of crypto enthusiasts and investors as the products have witnessed a whopping $10 billion in total trading volume in the first three days of trading. Bitcoin Spot ETF Sees Significant Uptick In Day 3 Trading The develop...