Mike Macglone News

11.11 / 21:35

markets Ethereum Binance Bitcoin analyst FTX crisis likely to spark a domino effect, macro analyst explains

The repercussions of the cataclysmic FTX downfall are going to be broader than the crypto markets, as they will accelerate downward moves in stocks and commodity markets, according to Mike McGlone, senior marco analyst at Bloomberg.

21.10 / 21:43

Ethereum XRP Cardano Bitcoin Price analysis 10/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC

The 10-year Treasury yield in the United States rose to its highest level since 2008. Although this type of rally is usually negative for risky assets, the U.S. stock markets recovered ground after the Wall Street Journal reported that some officials of the Federal Reserve were concerned about the pace of the rate hikes and the risks of over-tightening.

20.10 / 16:19

BTC/USD IMPT Bitcoin Bitcoin Price Prediction 2022 – Is BTC Preparing for a 30% Move?

During the European session, Bitcoin is trading bullish, having bounced off above $18,900 to trade at $19,300. According to data compiled by cryptocurrency research firm Santiment, the proportion of large investors who hold the cryptocurrency with the largest market capitalization, Bitcoin (BTC), is growing.

20.10 / 08:21

Bloomberg Bitcoin Bitcoin Price 2020 Bitcoin's discount to hash rate highest since early 2020 — Mike McGlone

Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin's (BTC's) relative discount to its high hash rate in October — the largest since the first quarter of 2020 — could soon see Bitcoin return to "its propensity to outperform most assets."

17.10 / 17:44

markets NASDAQ stocks Bitcoin Bitcoin price edges closer to $20K as 'way worse' US data boosts stocks

Bitcoin (BTC) headed toward $20,000 as United States equities gained at the Oct. 17 Wall Street open.

07.10 / 05:29

UPS Ethereum BTC Bitcoin analyst ‘We see propensity resuming for Bitcoin’- Here’s why this analyst is bullish

Bloomberg’s latest crypto outlook report spoke about Bitcoin in a rather optimistic tone.

06.10 / 09:59

Adoption Bloomberg Gold Bitcoin analyst BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst

Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, stated October has historically been the best month for Bitcoin (BTC) since 2014, averaging gains of about 20% for the month, and that commodities appearing to peak could imply that Bitcoin has reached its bottom.

21.09 / 19:40

Blockchain Ethereum Digital Apple Shiba Inu week Shiba Inu Price Prediction: Loses 14% in Week, Where's the Bottom for SHIB Meme Coin?

Shiba Inu is one of the tokens attempting a comeback after a rough weekend in which its price fell below the $0.00000010 threshold. The digital asset, a part of the best meme coins, relies on strong fundamentals to propel it to new heights, although macroeconomic factors may slow its ascent.

20.09 / 09:01

Ethereum Bloomberg Federal Reserve Bitcoin analyst ‘FED sledgehammer’ will further batter BTC, ETH prices, says Bloomberg analyst

The U.S. Federal Reserve’s inflation “sledgehammer” is about to batter the prices of Bitcoin (BTC) and Ether (ETH) down even further, before reaching back to new all-time highs in 2025, according to Bloomberg analyst Mike McGlone.

17.09 / 11:25

Adoption MicroStrategy proof-of-work Bitcoin Bitcoin better than physical property for commoners, says Michael Saylor

MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related to transferring the value of physical properties such as gold, company stocks or equity and real estate during the Australia Crypto Convention.

08.09 / 20:13

BTC Lowe's Bitcoin Bitcoin: What experts think of BTC’s price trajectory in 2022

Bitcoin [BTC] has been witnessing some turbulences in the last few days. The price of the king coin and other cryptocurrencies dropped on 5 September. At press, the king coin was changing hands at $19,307 after noting a 2.99% increase over the last day. However, in the past seven days, it declined by 3.85%.

08.09 / 07:27

markets Blockchain Federal Reserve Bitcoin analyst Bitcoin is a 'wild card' set to outperform —Bloomberg analyst

Bloomberg analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out.

08.08 / 20:15

Ethereum Energy Gold Bitcoin analyst Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst

Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half of 2022, as the macroeconomic environment is rapidly shifting towards a recession, said Mike McGlone, senior commodity strategist at Bloomberg, in a recent interview with Cointelegraph. McGlone predicted:

05.08 / 19:27

Ethereum XRP Cardano Bitcoin Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year and 0.5% over the month. This suggests that inflation remains high and the U.S. Federal Reserve may continue with its rate hikes in the near future.

31.07 / 21:29

markets Bitcoin Binance Coin week Top 5 cryptocurrencies to watch this week: BTC, BNB, UNI, FIL, THETA

Bitcoin (BTC) has made a strong comeback in the month of July and is on track for its best monthly gains since October 2021. The sharp recovery in Bitcoin and several altcoins pushed the Crypto Fear and Greed Index to 42/100 on July 30, its highest level since April 6.

28.07 / 06:45

Provident BTC Bitcoin Luna Bitcoin enters this decisive level as FUD rules over crypto market

The crypto market has lost its momentum yet again after the relief rally diminished over the weekend. One of the major reasons for this fall is the increasing market FUD for the Fed’s meeting.

25.07 / 12:47

Ethereum ETH Provident Santiment FOMC meeting Ethereum’s Sentiment Drops as FOMC Meeting Nears

After experiencing considerable momentum, Ethereum’s sentiment has dropped as the Federal Open Market Committee (FOMC) meeting edges closer, according to Santiment.

20.07 / 14:09

BTC Strategy Corning Bitcoin With Upcoming Interest Rate Hike from Fed, Is BTC's Current Rally Short-Lived?

Bitcoin (BTC) has regained momentum and reclaimed the $23K level, but this begs the question if this uptick is short-lived, given that the Federal Reserve (Fed) has adopted the strategy of continuously increasing the interest rate.

08.07 / 22:55

Ethereum XRP Cardano Bitcoin Price analysis 7/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX

Bitcoin (BTC) rallied to the 200-week moving average on July 8, a level that could act as a battleground between the bulls and the bears. Several analysts are watching this level because a break and close above it could be the first sign that the bear market may be ending.

08.07 / 06:49

BTC Lowe's Bitcoin analyst Analyst on Bitcoin – ‘Risk v. rewards is tilting towards…’

Mike McGlone, Senior Commodity Strategist at Bloomberg, predicts a rise in the price of Bitcoin in the second half of 2022.

07.07 / 09:29

Bloomberg Price Analysis Bitcoin Bitcoin Price recovery analyst Bloomberg analyst tips bullish BTC recovery in next six months

Bloomberg’s senior commodity strategist Mike McGlone is tipping that the price of Bitcoin (BTC) will rebound in the second half (2H) of 2022.

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