Bloomberg | ForkLog

ForkLog 15 17.07.2024

Bloomberg Apologises to Changpeng Zhao

Bloomberg Businessweek in China acknowledged a “glaring error” in its 250th issue dated July 6, 2022, retracting the false and unfounded cover headline “Changpeng Zhao’s (CZ) Ponzi Scheme.” This was reported by Modern Media, the magazine’s publisher in China. “We unreservedly retract this defamatory statement and sincerely apologise for any harm or distress caused to […]

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ForkLog 13 27.05.2024

Bloomberg Reports Surge in Crypto Fund Launches

From January to March, 25 venture and hedge funds focused on cryptocurrency emerged in the market, marking the highest number since the second quarter of 2021. This was reported by Bloomberg, citing data from Crypto Fund Research. In 2024, the number of new funds and organizations nearly doubled the number of closures. During the bearish […]

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ForkLog 22 02.08.2023

Bloomberg analyst raises odds of Bitcoin ETF approval to 2-to-1

The odds of SEC approval for the Bitcoin-ETF rose to 2-to-1, according to Bloomberg analyst James Seyffart. Two weeks earlier, the expert assessed the probability at 50%, and a few months ago at around 1%.

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ForkLog 20 17.05.2023

Bloomberg analysts warn of Bitcoin industry collapse if the US defaults

Senior Bloomberg Intelligence strategist Mike McGlone says that stock and digital markets face a collapse if the United States defaults.

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ForkLog 17 14.04.2023

Bloomberg unveils BloombergGPT, a large language model for the financial market

Bloomberg News Agency unveiled the BloombergGPT large language model capable of answering questions from the finance and business sectors.

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ForkLog 20 17.01.2023

Analyst sees parallels between Bitcoin’s bottom formation and 2018

The leading cryptocurrency is forming a bottom in the same way as before the start of the 2019 bull market. The main difference lies in the tightening of monetary policy worldwide. This was stated by Bloomberg strategist Mike McGlone.

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ForkLog 14 09.11.2022

Bloomberg excludes Sam Bankman-Fried from its billionaire list

In a day, the fortune of FTX founder Sam Bankman-Fried collapsed by 94%, from $15.6 billion to $992 million, due to the platform's liquidity crisis.

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ForkLog 17 08.08.2022

Bloomberg strategist says Bitcoin is excessively oversold

Bitcoin is trading at a significant discount in a sustained bull market, Bloomberg Intelligence senior commodities strategist Mike McGlone said, Forbes reports.

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ForkLog 17 26.07.2022

Changpeng Zhao files defamation lawsuit against Bloomberg Businessweek

Changpeng Zhao, the head of the Binance cryptocurrency exchange, has filed a defamation lawsuit against Bloomberg Businessweek, accusing it of defamation. This was initially reported by Watcher Guru; Zhao confirmed the information.

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ForkLog 19 26.07.2022

Bloomberg: SEC opens investigation into Coinbase activity

The U.S. Securities and Exchange Commission (SEC) has opened an investigation into Coinbase Global over the possible provision of access to trading for digital assets that could be deemed securities for U.S. residents, Bloomberg reported, citing people familiar with the matter.

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ForkLog 9 07.07.2022

Bloomberg strategist forecasts Bitcoin to rise over the next six months

Bitcoin is showing the same pattern as when the 2018 bear market ended. This conclusion was reached by Mike McGlone, senior Bloomberg Intelligence strategist for commodities.

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ForkLog 16 10.06.2022

Bloomberg Terminal widens coverage to 50 cryptocurrencies

Bloomberg expanded the reach of its information system to 50 cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, XRP and Solana. Clients gained access to pricing data for digital assets, as well as derivatives and indexes linked to them.

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