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Polymarket reached another landmark moment as Bloomberg moved to tap the Polygon-powered predictions market. Global financial software and media outfit Bloomberg has decided to integrate Polymarket data into its election terminal, according to Michael McDonough, the firm’s chief economist for…
Today, Ethereum ETFs made their long-awaited debut on major stock exchanges. This article will analyze projected inflows for Ethereum ETFs and how they might influence the future price of ETH. By comparing the recent success of Bitcoin ETFs, we will…
ETH
Ethereum
According to Bloomberg ETF analyst Eric Balchunas, the Bitcoin spot ETF market is showing that Boomers are proving to be much better hodlers than most people initially thought they would be. Balchunas shared these remarks on Tuesday as he commented…
BTC
Bitcoin
Former FTX executive Ryan Salame faces a potential five to seven years in prison as prosecutors emphasize the gravity of his criminal activities. Federal prosecutors have recommended that former FTX executive Ryan Salame serve five to seven years in prison…
Spot Bitcoin ETFs offset April losses in the first two weeks of May.
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Bitcoin
All 11 spot Bitcoin ETFs saw inflows for the first time since the launch in January.
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Bitcoin
Bloomberg Senior ETF Analyst Eric Balchunas was cautious about the likelihood of spot Ethereum ETF approval, estimating the chances at a pessimistic 25%.
ETH
Ethereum
Bloomberg’s Eric Balchunas expects two key developments to broaden Bitcoin ETF access by year’s end. The initial development focuses on introducing Bitcoin ETFs to mainstream advisory services, which have not yet been adopted by prominent wirehouse platforms overseeing assets valued…
BTC
Bitcoin
Experts are unsure whether spot Ethereum ETFs will be approved by May.
ETH
Ethereum
On Feb. 28, 2024, trading volume for nine spot Bitcoin (BTC) ETFs approached $6 billion. The figure is more than double the previous high set on Feb. 26, when the trading volume was $2.4 billion, Bloomberg Intelligence analyst Eric Balchunas…
BTC
Bitcoin
The financial sector is abuzz, with a prominent Bloomberg analyst suggesting a Bitcoin ETF approval is just hours away.
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Bitcoin
Despite the crypto bear market, blockchain adoption is rapidly increasing with cryptocurrency usage possibly reaching 100 million daily users by 2028.
Bloomberg analysts has raised the odds of the US SEC approving a spot Bitcoin ETF to 95% in 2024
Tether is asserting that Bloomberg is misinforming the public about USDT. They have been targeting the issuer of USDT with a slew of bad media coverage.
Earlier today, Bloomberg reported that the crypto spectrum had lost more than $200 billion in just the past day. The downward price movement comes after the entire crypto market crashed, with most currencies taking a downward trend. One Bloomberg presenter,…
Despite the overall downtrend observed in the crypto market for the past several months, Bloomberg’s analysts have identified a strong bullish pattern that indicates a high likelihood of a rapid BTC price increase within the following days. They claim that…