Mike Macglone News

19.10 / 17:27

markets Blockchain Adoption supply Bitcoin Bitcoin Price 2024 play Why the 2024 Bitcoin halving may play out differently than in the past

The impact of the Bitcoin halving on crypto prices is often overestimated and the next halving, set for April 2024, may play out differently than previous ones, according to a leading analyst.

03.10 / 23:21

Ethereum BTC Digital Bitcoin performer reports Time Bitcoin Price Prediction as BTC Smashes Past $27,000 Resistance – Best Time to Buy?

Bitcoin (BTC), the world's largest cryptocurrency, experienced a dip below the $28,000 mark in the early hours of Tuesday. The cryptocurrency had an exciting start to the week as it surged past the $28,000 threshold on Monday, marking its best performance since August.

05.09 / 19:49

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There's been a noticeable divergence between Bitcoin and the stock market in recent months, which could presage an economic recession, according to Bloomberg strategist Mike McGlone.

28.08 / 18:35

Dogecoin Ethereum XRP Cardano S&P 500 Bitcoin Dollar Price analysis 8/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT

Bitcoin (BTC) is down about 11% in August, just shy of the 13.88% fall seen in the corresponding month in 2022, according to CoinGlass data. The picture does not look very bright for September either. History shows that every year since 2017, Bitcoin has declined in September.

26.05 / 15:29

business Federal Reserve Interest rates Bitcoin National Debt Debt ceiling crisis: Best practices to navigate this market

In this week’s episode of Market Talks, Cointelegraph welcomes Mike McGlone, senior macro strategist at Bloomberg Intelligence, which delivers in-depth analysis and data sets on industries and companies, government, credit, litigation and economic factors.

07.04 / 18:55

Dogecoin markets XRP Cardano litecoin Polygon Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) has been trading below $29,000 for the past several days. The analyst community remains divided on the near-term prospects of Bitcoin. While some believe that Bitcoin could rise to $30,000, others are of the opinion that a local top has been made.

07.04 / 18:17

markets Federal Reserve Gold interest rate Bitcoin Bitcoin Price Dollar Historical Bitcoin price fractal hints at rally toward $50K

Bitcoin (BTC) could rally toward $50,000 in 2023, according to a historical price fractal highlighted by popular market analyst Mags.

06.04 / 18:11

markets Predictions Bitcoin Bitcoin Price Dollar Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s

Bitcoin (BTC) and crypto may yet see a long-term correction thanks to central banks keeping liquidity tight, Bloomberg warned.

04.04 / 03:47

Blockchain SEC Bloomberg Bitcoin Regulation Bitcoin Bitcoin Price analyst regulatory Bitcoin ‘untouchable’ amid regulatory pressures, says analyst

Bitcoin (BTC) is "untouchable" despite ongoing regulatory pressures in the crypto sector and those who don't have some crypto exposure are "seriously silly" according to Bloomberg's senior commodity strategist Mike McGlone.

24.03 / 23:17

markets Ethereum CBDC Tether Banks banking Bitcoin analyst Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

The banking crisis could be the spark that will kick off the next crypto bull run, in which Bitcoin (BTC) is likely to outperform all other cryptos, according to Mike McGlone, the senior commodity strategist at Bloomberg Intelligence.

27.02 / 22:35

Dogecoin XRP Cardano Polygon S&P 500 Bitcoin Dollar Price analysis 2/27: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

Bitcoin (BTC) and the United States equities markets are trying to start the week on a positive note but some analysts are skeptical about the short-term prospects of the markets. According to Bloomberg Intelligence senior macro strategist Mike McGlone, Bitcoin will face significant resistance at $25,000. McGlone believes that it “may be a while before buy-and-hold types gain the upper hand.”

26.02 / 21:37

markets Predictions Bitcoin Bitcoin Price Bitcoin may only need 4 weeks to hit $30K as key monthly close looms

Bitcoin (BTC) sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance.

14.02 / 14:07

BTC Twitter Man Action Fighting Strategy Bitcoin Bloomberg Expert Sounds the Alarm: Bitcoin at Risk of Major Collapse – Here's Why

As Bitcoin (BTC) bulls fight hard to keep the New Year's rally rolling, one expert is sounding the alarms.

06.02 / 18:37

Recession Bitcoin Bloomberg Strategist: Crypto's Real Recession Has Arrived, Predicts Massive Milestone

The crypto market could be facing its “first real recession,” and milestones similar to the invention of Bitcoin (BTC) cannot be ruled out, a well-known Bloomberg strategist has predicted.

17.01 / 07:35

business Bloomberg Bitcoin Bitcoin Price analyst BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst

Mike McGlone, Bloomberg's senior commodity strategist believes Bitcoin (BTC) could be developing a "bottom" in the same way it did prior to 2019's bull run but said there is a major difference this time around.

01.01 / 09:57

Ethereum ETH Platform Bitcoin play Bitcoin Price and Ethereum Prediction; Choppy Sessions in Play as New Year 2023 Approaches

To finish 2022, a dreadful year for coin prices, the top two cryptocurrencies are virtually unchanged from the weekend before. Bitcoin (BTC) continues to trade choppy due to a lack of volatility as investors prepare to celebrate the New Year 2023. However, the Bitcoin price and Ethereum prediction haven't changed much recently, as BTC has been consolidating in a narrow range of $16,450 to $16,750.

25.12 / 12:05

Ethereum ETH Platform Bitcoin Time Bitcoin Price and Ethereum Prediction; Is It a Good Time to Buy on Christmas Day?

Bitcoin price prediction stays neutral during the Asian session on December 25, Christmas Day, as BTC continues to consolidate in a narrow range of $16,750 to $17,000. The global financial market appears to be seeing minimal volatility and trade activity on Christmas Day, which is holding price action in check. Similarly, Ethereum has stayed relatively stable at $1,218.

21.12 / 13:35

Ethereum ETH BTC Platform Time analyst Ethereum Price Prediction as Bloomberg Analyst Expects ETH to Outperform BTC in the Next Bull Market – Time to Buy?

The ethereum price has risen by 0.5% in the last 24 hours, slightly exceeding the wider cryptocurrency market's increase over the same period. At $1,215.91, its current price represents a 7.5% drop in a week and 6% gain in a month, with these movements coming at a time of ongoing instability for the market, which continues to be plagued by rising interest rates and fears surrounding the financial health of various trading platforms.

19.12 / 03:29

business Interest rates Reserve The Federal Reserve's pursuit of a 'reverse wealth effect' is undermining crypto

The Federal Reserve’s strategy to hike interest rates may continue, making it difficult for the crypto industry to bounce back. For crypto assets to become the hedge against inflation, the industry needs to explore ways to decouple crypto from traditional markets. Decentralized finance (DeFi) can perhaps offer a way out by breaking away from legacy financial models.

11.12 / 17:33

Blockchain BTC Digital Bitcoin Bitcoin Price Prediction as $15 Billion Trading Volume Shoots BTC Above $17,000 – New Rally Starting?

On December 11, the Bitcoin price prediction remains mixed as BTC consolidates in a narrow range of $17,000 to 17,350 despite trading volume shooting to $15 billion. New Jersey has set a goal of becoming the most crypto-friendly state in the United States.

19.11 / 20:33

Blockchain regulation Miami's next big Web3 summit announces packed agenda featuring high-profile speakers

The leading institutional Web3 summit will kick off in Miami soon — and has attracted high-profile speakers from across TradFi and Web3.

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