Tag Archives: BTC

Mike Novogratz on the Bitcoin halving

Mike Novogratz on the Bitcoin halving

Galaxy Digital CEO Mike Novogratz appeared on CNBC’s Closing Bell on May 4, where he outlined his bullish stance on hard assets like Bitcoin and gold. The heavily mustachioed Novogratz looked forward optimistically to the Bitcoin halving on May 12—a deflationary event which contrasts greatly with the Fed’s money printing regime. CNBC’s Closing Bell ✔@CNBCClosingBell Galaxy Digital CEO @novogratz tells us […]

Crypto Long & Short: How Oil Going Negative Could Open the Door for Bitcoin ETFs

Crypto Long & Short: How Oil Going Negative Could Open the Door for Bitcoin ETFs

This will always be remembered as the week when oil went negative. The economic repercussions of this are staggering and will take months to fully comprehend – but, more short term, one of the most fascinating aspects is how it knocks universally accepted truths about markets right into the oil can. Also compelling is what […]

Bloomberg’s senior commodity strategist, Mike McGlone says bitcoin halvening is a “non-event.”

Bloomberg’s senior commodity strategist, Mike McGlone says bitcoin halvening is a “non-event.”

Bloomberg’s senior commodity strategist, Mike McGlone, says that upcoming bitcoin halvening would be a “non-event.” Bitcoin halvening is scheduled to take place next month. Bloomberg’s senior commodity strategist, Mike McGlone, says that upcoming bitcoin halvening would be a “non-event.” Bitcoin halvening is scheduled to take place next month. Mike McGlone, Bloomberg’s senior commodity strategist, is […]

Who in Crypto Might Come Out As Winners or Losers After the COVID-19 Crisis?

Who in Crypto Might Come Out As Winners or Losers After the COVID-19 Crisis?

The COVID-19 pandemic now has its grip firmly on the world. According to official numbers, almost 2.6 million individuals have been infected globally, and almost 180,000 have died. In addition to the impact on public health and the healthcare system, the global economy is starting to ground to a halt as a result of state-enforced […]

Bitcoin ‘Stuck in the System’ Until Merchant Adoption Grows

Bitcoin ‘Stuck in the System’ Until Merchant Adoption Grows

Although holders of both bitcoin (BTC) and gold are often motivated by an idea of investing in assets that are outside of the financial system, it might not be the case, according to a popular macro strategist who believes that that the next world reserve currency will be “a crypto.” Speaking with Anthony Pompliano, Morgan Creek Digital Co-founder and […]

Crypto Market Sentiment Ends Its Winning Streak; Bitcoin Back to Neutral

Crypto Market Sentiment Ends Its Winning Streak; Bitcoin Back to Neutral

The market sentiment cut its string of gradual, week-per-week growth. After four weeks of minor upward movements, and last week’s break into the 5-6 score level with a sentscore of 5.27, this Monday the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped slightly to 5.2/10, as measured by crypto market sentiment […]

Bitcoin Price Dragged Below $7,000 By Return to Market Chaos

Bitcoin Price Dragged Below $7,000 By Return to Market Chaos

Bitcoin price just broke below $7,000 Monday morning after a late Friday evening rally pushed the asset over the key level for the weekend. However, coronavirus concerns have returned to traditional markets, causing major turbulence to kick off the day, which may have also caused Bitcoin to tumble. Could a repeat of last month’s mayhem and […]

Options Market Signals Doubt Bitcoin Price Will Rise After Halving

Options Market Signals Doubt Bitcoin Price Will Rise After Halving

While some expect bitcoin’s (BTC) upcoming reward halving to light a fire under the cryptocurrency, the options market seems worried about the event turning out to be a wet blanket. The biggest cryptocurrency by market value is set to undergo its third mining reward halving next month. The code, aimed at controlling inflation, would reduce the amount […]