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Bloomberg

Blockchain-Based Alternative Investment Firm to Be Listed on Bloomberg Terminal

A blockchain-based alternative investment provider that tokenizes commercial debt is being listed on the Bloomberg Terminal, according to a news release published on June 4. Cadence is believed to be the first digital asset to obtain a Financial Instrument Global Identifier (FIGI), enabling professionals who use the Bloomberg Terminal to research its offering and execute …

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Bitcoin at Most Overbought Level Since Record Bull Run: Bloomberg Analyst

Bitcoin (BTC) is at its most overbought level since its record highs in December 2017, Bloomberg Intelligence analyst Mike McGlone claimed in an article published on April 5. Per the report, Bitcoin’s GTI Global Strength Indicator shows that the coin has not been this overbought since its price neared its record peak of $20,000. Bloomberg …

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Brexit and April Fool’s Joke Possible Catalysts for Crypto Rally, Crypto Reporter Says

Hong Kong-based crypto reporter Eric Lam believes nobody in the crypto industry has a good theory to explain the recent recovery of crypto markets. Lam shared his stance with Bloomberg on April 3. On Tuesday, April 2, shortly after the Asian markets opened, the price Bitcoin (BTC) unexpectedly rallied by 20 percent. Today the world’s …

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Bloomberg: Key Indicators Show Bitcoin Price Could be Losing Steam

Key price movement indicators show that Bitcoin (BTC) could be heading for another move downward, according to a recent report from Bloomberg on March 12. The report states, “Technical gauges signaling long-term buying demand for Bitcoin are deteriorating” and as such, buying pressure could increase. Bloomberg notes that the seminal crypto’s Moving Average Convergence Divergence …

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Cory Johnson Out As Ripple’s Chief Market Strategist

Cory Johnson is out at distributed ledger startup Ripple as its chief market strategist, CoinDesk has learned. Tom Channick, a Ripple spokesperson, confirmed the move to CoinDesk after it emerged on social media that references to Ripple and Johnson’s role at the company appeared to have been scrubbed from his Twitter account. Channick sent the …

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