Bloomberg analyst

Bloomberg Analyst Predicts Ethereum Spot ETFs To Attract 25% Of BTC Demand

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Following the sudden approval of the Ethereum Spot ETF final week, speculations proceed to roll in on the potential efficiency of those funds forward of their debut buying and selling session. Most lately, famend Bloomberg ETF analyst, James Seyffart has weighed in on the topic giving his ideas on the doable stage of investments the … Read more

Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off

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Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off

Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a somewhat pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a protracted shot. The strategist has revealed components that might make Bitcoin’s projected surge to $150,000 troublesome, highlighting each macroeconomic traits and Bitcoin’s efficiency in 2024.  Bitcoin Surge To $150,000 … Read more