Tags : Bloomberg

Regulation

Tether (USDT) slams Bloomberg over criminal probe accusations

The recent report about Tether (USDT) facing a criminal probe in the US, published by Bloomberg and covered by CryptoSlate, received a snappy response, in which the issuers of the largest stablecoin claimed the alleged accusations don’t constitute news but are published as clickbait.  According to the report that cited three unnamed sources with direct […]Read More

Market

Nic Carter: What Bloomberg Gets Wrong About Bitcoin Mining

Recently, Bloomberg published a piece calling Bitcoin an “incredibly dirty business.” It’s undeniable that Bitcoin has a carbon footprint. Some bitcoins are mined with non-renewable energy, although plenty is mined with hydro, nuclear, or otherwise-vented natural gas, too. No one contests the externality of bitcoin, although the precise carbon footprint is debated. However, the article, […]Read More

Bitcoin

Bloomberg Analyst Sees Bitcoin at $50,000 on Anti-Gold Sentiment

A recent meltdown in the Bitcoin price from its record high near $42,000 has done little to shake its bullish bias, at least according to a Bloomberg analyst. In a report published on Wednesday, senior commodity strategist Mike McGlone wrote that the flagship cryptocurrency could hit $50,000 in the coming sessions. He called out Bitcoin […]Read More

Regulation

With Mike Bloomberg Out, What’s Next for Crypto in the

Billionaire Michael Bloomberg who previously advocated for clearer crypto regulations has dropped out of the race to win the Democratic ticket for the November 2020 U.S. presidential election. Bloomberg Drops Out After Super Tuesday Crash and Burn According to the Wall Street Journal (WSJ), Bloomberg, a former New York Mayor is the latest Democratic candidate […]Read More