Bloomberg: Spot Bitcoin ETF is getting SEC approval no matter what
In a recent development that has stirred the crypto market, Bloomberg Analyst Erich Balchunas has confidently stated that a Spot Bitcoin ETF is on track for approval by the U.S. Securities and Exchange Commission (SEC), countering the wave of skepticism sparked by Matrixport’s report. This bold assertion comes amidst a period of intense speculation and […]
Bloomberg predicts Bitcoin hitting $500k next year
Bitcoin’s recent surge past $42,000 is causing a stir in the financial world, and according to Bloomberg, this is just the tip of the iceberg. The leading financial news outlet predicts a meteoric rise for Bitcoin, speculating that the premier cryptocurrency could soar to an eye-watering $500,000 in the coming year. This bold forecast aligns […]
Bloomberg Revolutionizes Bond Market with Machine Learning-Driven Real-Time Pricing
In a groundbreaking move, Bloomberg has introduced the Intraday Bloomberg Valuation Service (IBVAL) Front Office, leveraging the power of machine learning to deliver near real-time bond prices. This innovative service is set to transform the fixed-income landscape by providing intraday pricing for approximately 30,000 U.S. high-yield and investment-grade corporate securities, a significant leap from the […]
Bloomberg Estimates the Generative AI Market to Reach $1.3 Trillion by 2032
TL;DR Breakdown The world of generative artificial intelligence (AI) is bracing itself for an extraordinary surge in market growth driven by visionary AI pioneers like ChatGPT. According to Bloomberg’s estimates, the generative AI market is poised to skyrocket from its current value of $67 billion to an unprecedented $1.3 trillion per year by 2032. This […]
CZ grilled on Bloomberg TV, sets the record straight, and shows he is the boss
In recent times, mainstream media outlets have dominated the crypto market with false information. Changpeng Zhao was in an interview with Bloomberg TV and Radio a while back and he has made a point to clear the air. Additionally, he has circled in on a few interesting details regarding the present state of the crypto […]
What’s driving crypto prices this week? Are we finally in a bull market?
In the past seven days, major cryptocurrency prices have been soaring across the board. From Bitcoin to Ethereum, Doge, and Shiba Inu, almost every major crypto has shown tremendous recovery this week. The global crypto market cap is up by nearly 8% in a week, reaching $1 trillion for the first time in 45 days. […]
Breakdown of Bloomberg’s never-before 40,000 words “Crypto Story”
The crypto sector has recently reached a new level of prominence. Bloomberg, the information juggernaut, has taken a serious interest in the cryptocurrency business. Better yet, Bloomberg Magazine has made a crypto publication in a manner only seen once in its 93 years of News coverage. Bloomberg is based in New York City. Investors have […]
