Bloomberg Adds Price Data for 6 New Crypto Assets
The data is being provided by a Kraken unit.
Eric Balchunas thinks regulatory apprpoval in the U.S. will follow on the heels of successful launches in Canada.
The DOGE frenzy appears to have spread to decentralized finance, where several imitator tokens have chalked up staggering single-day gains.
Sentiment may have turned a little too bearish, a feature that is often observed at market bottoms.
Bloomberg anticipates continued deflation and peak oil similar to 2018. This could be negative for bitcoin.
Analysts at Bloomberg Crypto argue the largest cryptocurrency might be due for a run analogous with the steep rallies of 2017 and 2013, following prior "halvings" on the blockchain network.