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JPMorgan Strategist Estimates Ether’s Fair Value at $1,500 Amid Competition From ‘Ethereum Killers’
20.9.2021
A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that...
Analyst Predicts Crypto Bull Market: $100K Bitcoin, $5K Ethereum Is Path of Least Resistance
6.9.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone has affirmed his bitcoin price prediction of $100K, seeing $5K for ethereum as the path of least resistance. He expects the crypto market to thrive in a “refreshed bull market.” Cryptocurrencies Poised to Thrive, Bull...
Gold, bond portfolios are 'naked' without Bitcoin, Bloomberg strategist asserts
4.9.2021
The declaration appears as Bitcoin pops back above $50,000, with its addition in a Gold-Bond portfolio outperforming the S&P 500 index
Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K
4.9.2021
Following a massive correction, digital assets led by Bitcoin and Ethereum are on track for new highs, according to a new report from Bloomberg
Bloomberg strategist explains why 30-year US bonds have 'bullish implications' for Bitcoin
23.8.2021
Long-dated US Treasury yields are slumping ahead of the Jackson Hole meeting
Charles Schwab Strategist Skeptical of Crypto — Puts Faith in Banking System, Federal Reserve
18.8.2021
Charles Schwab’s chief investment strategist says she puts faith in the entire U.S. financial system, the banking system, the power of the central bank, and the Federal Reserve more than bitcoin. Charles Schwab’s Strategist Skeptical of Cryptocurrency Charles Schwab Chief Investment...
Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
17.8.2021
The statement appeared as a takeaway from Blockworks' Bretton Woods: The Realignment conference that gathered economists, macro analysts, and investors to discuss Bitcoin
Market Strategist Says Bitcoin’s Best Days Are Ahead, Won’t See Restrictive Fed Policy Anytime Soon
27.7.2021
The founder of investment management firm Michael Lee Strategy says that “the best days of bitcoin are definitely ahead of it,” expecting the cryptocurrency to “make all-time new highs.” The strategist further says that it will be a long time “before we see any sort...
Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether
26.7.2021
A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream...
Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support
25.7.2021
The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K...
$60K is now more likely for Bitcoin than $20K, Bloomberg's senior strategist asserts
23.7.2021
The analyst also treats the latest crypto ban in China as bullish for Bitcoin and the U.S. dollar
Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model
29.6.2021
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or other crypto assets. It will also be more accommodating than China’s authoritarian...
Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
16.6.2021
The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally
Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
9.6.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop...
Bitcoin price crash isn’t over, says JPMorgan strategist
1.6.2021
JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000
Analyst Warns of Broad Correction in the Cryptocurrency Market
12.5.2021
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing...
‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target
1.5.2021
Fundstrat Global Advisors’ most recent “Weekly Crypto Briefing” and the company’s lead digital asset strategist, David Grider, opines a target bitcoin price of $100k per coin is still “intact.” Moreover, Fundstrat believes that the price of ethereum will reach...
Bitcoin ‘pushing aside’ gold as a store of value — Senior Bloomberg strategist
8.3.2021
Technical and fundamental support for Bitcoin is growing — possibly at the expense of gold
As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’
18.2.2021
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use...