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Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold

Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold

A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.

Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators.

Bloomberg Analysts: Bitcoin Demand Supports $55,000 BTC Price and $1T Market Cap by 2022

Bloomberg Analysts: Bitcoin Demand Supports $55,000 BTC Price and $1T Market Cap by 2022

Bloomberg's latest crypto outlook predicts the Bitcoin price will continue to advance into 2021 reaching a $50,000 target resistance, implying about a $1 trillion market cap.

Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan

Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan

Mati Greenspan, founder of Quantum Economics believes the coronavirus pandemic has brought Bitcoin closer to the S&P 500 than ever before.

JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia

JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia

JPMorgan has filed a request with the Securities and Exchange Commission to approve a debt instrument linked to 11 firms that have all invested in Bitcoin and other cryptocurrencies.

Purse.io Not Closed Just Yet, Will Bitcoin Jesus be the Bitcoin Startup's Saviour?

Purse.io Not Closed Just Yet, Will Bitcoin Jesus be the Bitcoin Startup's Saviour?

Purse.io may be getting a thrown a life line following their shock announcement last week that they would close their doors after six years of trying to bring serious utility to Bitcoin in retail services.

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

The United States Commodity and Futures Trading Commission (CFTC) held a meeting earlier this week to study the potential impact of the stablecoin industry. The derivatives regulator met with stablecoin industry experts to understand its future implications.

Blockchain Got Down to Business in 2019

Blockchain Got Down to Business in 2019

Executives who took part in Deloitte’s survey are confident about the new and evolving use-cases of blockchain. In comparison to Deloitte’s 2018 survey, respondents report that overall corporate blockchain investment is expanding across most sectors and practical applications are gaining traction.

Bitcoin Price Surges Over the $10,000 Mark—Traders Expect it to Edge Higher

Bitcoin Price Surges Over the $10,000 Mark—Traders Expect it to Edge Higher

Bitcoin price crossed the $10,000 mark on July 26, reaching its highest level in almost two months. Bitcoin (BTC) is trading around the $10,248 level at press time. The last time Bitcoin was at the $10K level was on June 10.

Bitcoin Price Surge Continues as Square’s BTC Position Doubles in Value

Bitcoin Price Surge Continues as Square’s BTC Position Doubles in Value

2020 has been a year of institutional adoption for Bitcoin, and it seems that this is just the tip of the iceberg, as investors see a profit.

Integration of Credit Card with Digital Currencies,  Bringing Crypto from Hype to Mainstream

Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream

Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.

US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?

US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?

If the last two years have revealed anything about our global monetary system, it is that the US Federal Reserve and President Donald Trump really do not want a competitor to the US Dollar.

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