Tag Archives: Bloomberg analyst

Analyst Predicts Ethereum Spot ETFs To Attract 25% Of BTC Demand – Here’s Why

Posted on by — No Comments ↓

Following the sudden approval of the Ethereum Spot ETF last week, speculations continue to roll in on the potential performance of these funds ahead of their debut trading session. Most recently, renowned Bloomberg ETF analyst, James Seyffart has weighed in on the subject giving his thoughts on the possible level of investments the Ethereum spot… Continue reading Analyst Predicts Ethereum Spot ETFs To Attract 25% Of BTC Demand – Here’s Why→

Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off

Posted on by — No Comments ↓

Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that could make Bitcoin’s projected surge to $150,000 difficult, highlighting both macroeconomic trends and Bitcoin’s performance in 2024.  Bitcoin Surge To $150,000… Continue reading Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off→