Mike McGlone


Markets

Bitcoin’s Still a Buy, Despite Tesla, Says Bloomberg’s McGlone

Will the man who forecast bitcoin's price rise to $50K last year be heeded or ignored?

Some bitcoin mining facilities rely on coal-sourced energy outside of the rainy season.

Markets

DOGE Army Retreats, Tail Between Legs, as Dogeday Ends With 21% Drop

The DOGE frenzy appears to have spread to decentralized finance, where several imitator tokens have chalked up staggering single-day gains.

MOSHED-2021-4-20-14-36-9

Markets

Grayscale Discount Might Signal Start of Fresh Bitcoin Rally, Bloomberg's McGlone Says

Far from a signal of distress, a negative level on the "Grayscale premium" might signal a market reset for a fresh bitcoin rally.

Bloomberg Intelligence chart of the "Grayscale premium" versus CME bitcoin futures premium.

Pageof 1
Mike McGlone | CoinDesk