Mike McGlone: Bitcoin’s Bullish Future with a Caution – One Event Could Tank Crypto Assets
Bloomberg Intelligence Analyst Mike McGlone has shared a very bullish outlook on Bitcoin, predicting that the crypto giant is poised for significant gains in the coming months. However, he also expressed concerns that a potential surge in bond yields could negatively impact the cryptocurrency market as a whole. In a comprehensive analysis, we discuss McGlone’s […]
CFTC Lawsuit: Ex-Deutsche Banker’s Crypto Assets Deemed Commodities – A Game Changer?
The Commodity Futures Trading Commission (CFTC) has claimed that virtual currencies like bitcoin are commodities in a recent lawsuit against a former Deutsche Bank officeholder. By classifying cryptocurrencies as commodities, the CFTC is asserting its authority over the burgeoning industry and signaling that digital currencies will be subject to increased regulator scrutiny in future. The […]