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Bloomberg Senior ETF Analyst Eric Balchunas was cautious about the likelihood of spot Ethereum ETF approval, estimating the chances at a pessimistic 25%.
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…
Experts are unsure whether spot Ethereum ETFs will be approved by May.Â
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…
The financial sector is abuzz, with a prominent Bloomberg analyst suggesting a Bitcoin ETF approval is just hours away.
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…
Galaxy Digital and Bloomberg tie up to launch the Bloomberg Galaxy DeFi Index. Launching the DeFi-Focused Index The rise of decentralized finance (DeFi) as a force within the wider crypto industry cannot be overlooked. According to a press release issued…
Crypto exchanges have not witnessed increased trading activity following the recent $1.9 trillion stimulus funding from the U.S government. This development has caught the attention of the crypto community with prior stimulus funding resulting in a surge of crypto purchases…
CoinMarketCap (CMC), a leading cryptocurrency data aggregator and one of the top 500 most visited sites in the world, has announced plans to integrate new features that would foster transparency and accuracy of cryptocurrency market data, reports Bloomberg March 25,…