Bloomberg columnists Marcus Ashworth and Mark Gilbert have a key message for 2025: Fasten your seatbelts, it's going to be a roller coaster ride. On the question of where Bitcoin lies in the future, they point to Nobel Prize-winning economist Paul Krugman, who posted on the Bluesky social platform last month that while Bitcoin has broken through $100,000, there is still no legitimate use case even after 15 years. The recent bitcoin price jump has at least one recognizable...
Josh Gilbert, a market analyst at eToro, said that under the Trump administration, it has become easier for companies and pension funds to hold bitcoin as an asset, so they will continue to see money flowing into ETFs. This month, spot bitcoin ETFs from issuers such as BlackRock and Fidelity Investments have attracted $6.20 billion so far in November, after peaking at $6 billion in February, when investors were excited about the products being launched at the start of the year.
Josh Gilbert, a market analyst at eToro, described Biden's withdrawal from the presidential election as a "crypto-asset victory" and the increased likelihood of Trump's re-election as a "huge boost to the asset class," adding: "The longer we see Trump staying ahead of the general election odds, the more crypto-assets will put a price on his victory, and it's hard to imagine Kamala Harris or anyone else."
Josh Gilbert, market analyst at eToro, said that much of the recent sell-off can be attributed to concerns about the repayment of Mt. Gox's creditors, with about $8 billion worth of BTC flowing into the market starting this month. Bitcoin's price action is expected to worsen further in the coming days, as there are far more bearish news than bullish news at the moment, and the sell-off activity has clearly unnerved investors, which tends to trigger more sell-offs. Prices will be weaker in the sh...
In an interview with Cointelegraph, eToro market analyst Josh Gilbert said that much of the sell-off can be attributed to concerns about the repayment of Mt. Gox creditors, with about $8 billion worth of BTC flowing into the market starting this month. Bitcoin's price action is expected to worsen further in the coming days. There are far more bearish news than lido at the moment, and the sell-off activity has clearly unnerved investors, which tends to trigger more sell-offs. Prices will be weake...
eToro市场分析师Josh Gilbert在接受Cointelegraph采访时表示,大部分抛售可以归因于对 Mt. Gox 债权人偿还的担忧,本月开始将有价值约 80 亿美元的 BTC 流入市场。预计未来几天比特币的价格走势将会进一步恶化。目前的利空消息远多于利多,抛售活动显然让投资者感到不安,这往往会引发更多的抛售。短期内价格会比较疲软,直到市场收到推动价格上涨的催化剂,这可...