Singapore-based digital asset company Amber Group recently reduced staff, citing bearish cryptocurrency market conditions. As headcount adjustments occur on a quarterly basis, this year approximately ...
Tag: Bloomberg
Amber Group Cuts its Headcount by 10%: Bloomberg
Amber Group recently cut its staff by 10%, and reasoned the current market condition. But, the firm will increase the headcount in the roles that are highly prioritized. The Singapore-based leading cr...
Polygon to Hire 200 New Workers despite Market Downturn: Bloomberg
With the crypto winter spelling the downfall of many cryptocurrency giants like Celsius Network, Three Arrows Capital (3AC), and Voyager Digital, outfits like Polygon are exploring avenues to take adv...
Polygon will continue hiring despite market downturn: Bloomberg
Ethereum scaling solution Polygon plans to continue hiring despite the bear market and choppy macro conditions, it said this week. This will include plans to increase its overall headcount by over 40...
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. In a Wednesday post on Linkedin and Twitter, McGlone e...
Bitcoin Trading at a Discount, Says Bloomberg Strategist Mike McGlone – Here’s What Could Fuel BTC Recovery
Bloomberg Intelligence senior commodity strategist Mike McGlone thinks Bitcoin (BTC) is trading for less than it should be. McGlone says in a new report that he views Bitcoin as akin to internet stock...
Bloomberg Analyst Says BTC is Still in a Bull Market, But Trading at a Discount ⋆ ZyCrypto
Advertisement     Bloomberg analysts don’t seem to agree with the crypto community on Bitcoin’s current conditions. At the same time, everyone else has decided that BT...
Bloomberg Analyst Predicts When Bitcoin Will Outperform Stocks – Coinpedia – Fintech & Cryptocurreny News Media
After reaching an all-time high of $69K in November 2021, Bitcoin has been suffering from intense bearish pressure. The cryptocurrency has also encountered some difficulties over the last 24 hours as ...
Bitcoin Still in Bull Market, Just Selling at Discount, Says Senior Bloomberg Analyst
Gamza Khanzadaev Bloomberg Intelligence senior commodity strategist on correlation between crypto and crude oil & Bitcoin being in bull cycle still Mike McGlone, a leading commodities strategist f...
Bitcoin Could Plummet Below $15K If Expected U.S. Jobs Report Indicates ‘Elevated Employment Figures’: Bloomberg
– Advertisement – Hedge Fund Predicts a Dip Below $15k for Bitcoin In the Wake of a High U.S. Jobs Report. Bitcoin Could Plummet Below $15K If Expected U.S. Jobs Report Indicates ‘Elevated...
Top market makers back new blockchain for trading founded by Goldman Sachs and Robinhood alums: Bloomberg
Leading market makers Flow Traders and Hudson River Trading backed Sei Labs, a new crypto startup that is launching a Layer 1 blockchain developed specifically for trading, according to a report from ...
Ethereum May Extend Losses Below $1,000: Bloomberg
Yuri Molchan Despite the much-anticipated Merge upgrade is to occur soon, Ethereum may plunge below $1,000 According to a recent article by Bloomberg, the second largest digital currency, Ethereum, fa...
Ethereum Could Plummet Below $1,000: Bloomberg
– Advertisement – Ethereum Could Plummet Below $1,000 According to Bloomberg Technical Experts. Ether remains at the mercy of the bears and the rest of the market – a trend that has pers...
Top Smart Contract Platform Ethereum (ETH) Could Dip Below $1,000 Before The Merge: Bloomberg
The second-largest crypto asset by market cap faces bearish momentum ahead of its much-anticipated upgrade, according to a new report by Bloomberg. The report says that based on technical analysis, Et...
Sportradar Sees Strong U.S. Revenue Growth, Eyes Profitability By 2024
FILE – Basketball legend Michael Jordan speaks during a press conference ahead of an NBA basketball … [+] game between the Charlotte Hornets and Milwaukee Bucks in Paris, Jan. 24, 2020. Th...
Taliban cracks down on crypto a year after seizing control in Afghanistan: Bloomberg
The Taliban are clamping down on cryptocurrency traders in Afghanistan, according to a report from Bloomberg. A senior Afghan police officer, Sayed Shah Sa’adaat, spoke with Bloomberg about th...
Three Arrows Capital liquidators get approval from Singapore High Court on liquidation order: Bloomberg
Teneo, the financial advisory firm appointed to liquidate the assets of defunct crypto hedge fund Three Arrows Capital, secured recognition from the Singapore High Court to probe the hedge fund’s loca...
Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg
Cryptocurrency venture firm Dragonfly has acquired a digital asset-focused investment fund for an undisclosed amount — a move that managing partner Haseeb Qureshi said mirrors the broad consolidation ...
Huobi Founder Denies Bloomberg Report Suggesting He Sought to Sell His Stake For $3B
– Advertisement – Huobi founder has denied reports that he wants to sell his Huobi stake. Leon Li, the founder of Huobi, has denied Bloomberg’s report that he is in talks with foreign inve...
CoinFLEX files for restructuring in Seychelles court: Bloomberg
Crypto exchange CoinFLEX has filed for restructuring in Seychelles, Bloomberg reported on Tuesday. CoinFLEX announced the restructuring process in emails to customers on Tuesday. “It will seek ...
$100,000 Bitcoin Price Is Inevitable, According to Bloomberg Strategist Mike McGlone – Here’s Why
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, is predicting that Bitcoin (BTC) is headed to a six-figure price. McGlone says that the oil prices will persist on a downward trend ...
Bitcoin (BTC) Price Still in Course To Hit $100k Says Bloomberg Strategist Mike McGlone
Mike McGlone, the senior commodity strategist at Bloomberg, believes that Bitcoin, the most popular cryptocurrency, is still on course to reach $100,000. In the second half of 2022, oil prices will co...
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 commo...
Why Bitcoin At $100K Is Just A “Matter Of Time”: Bloomberg Intelligence
Bitcoin follows what Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, calls an “enduring trajectory”. The benchmark crypto is one of the best-performing assets in history, as the ...
Bloomberg sees Bitcoin’s current valuations at a big discount
According to experts at the financial news agency Bloomberg, it is worth buying Bitcoin at current valuations. Bloomberg: Bitcoin is currently undervalued Bitcoin is currently trading at a substantial...
Bitcoin Is Trading at a Discount, Says Bloomberg Senior Analyst
Senior Bloomberg Analyst Mike McGlone has said that Bitcoin is currently trading at a massive discount and could become global digital collateral. According to Forbes, McGlone relied mostly on technic...
Bitcoin Price Will Likely Follow Treasury bonds and Gold Price Sentiments : Bloomberg
The world’s first cryptocurrency, Bitcoin had kicked off August month on a bullish note as the currency had reclaimed its $23,000 price level. However, today, the currency has once again lost its $23k...
Bitcoin to perform more like US Treasury bonds as it recovers from crash – Bloomberg Intelligence says
Bloomberg Intelligence’s latest crypto outlook report said Bitcoin (BTC) might begin to perform more like the U.S. Treasury bonds rather than stock equities as it slowly recovers from the recent marke...
Hashed Lost $3B on Terra’s Meltdown, CEO Tells Bloomberg
Key Takeaways Hashed lost more than $3 billion in paper gains on its LUNA bet, the firm’s CEO Simon Seojoon Kim has told Bloomberg. The venture capital firm was one of several crypto giants to t...
Sky Mavis CEO moved funds before disclosing $540 million hack: Bloomberg
Trung Nguyen, co-founder and CEO of Sky Mavis: the studio behind the Axie Infinity blockchain game, moved about $3 million in crypto tokens before the company disclosed details of a $540 million, Bloo...