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Bloomberg Intelligence Report: Bitcoin Is Becoming A Risk-Off Asset As Inflation Rises

Shawn Amick -
In Bloomberg Intelligence’s latest report, bitcoin is separating itself from risk assets with increasing HODL behavior and historical patterns suggest a mild down-turn.
BUSINESS

Goldman Sachs Offers Its First Bitcoin-Backed Loan: Report

Namcios -
Goldman has reportedly offered its first ever lending facility backed by BTC as the Wall Street giant deepens its Bitcoin offerings.
MARKETS

BlackRock Planning to Offer Bitcoin Trading: Report

Namcios -
The world’s largest asset manager is reportedly planning to offer bitcoin and cryptocurrency trading to its investor clients.
MARKETS

Wells Fargo Says It Is Not Too Late to Buy Bitcoin

Namcios -
The banking giant said Bitcoin is nearing a “hyper-adoption phase” similar to the internet in the mid-to-late 1990s.
MARKETS

Philippine Bank to Offer Bitcoin Trading: Report

Namcios -
The Union Bank of the Philippines reportedly plans to offer trading and custody of bitcoin and cryptocurrency.
BUSINESS

Google Cards To Store Bitcoin And Crypto: Report

Namcios -
The company has reportedly formed partnerships with Coinbase and BitPay to enable the new functionality.
BUSINESS

China Is Mining Bitcoin Underground: Report

Namcios -
About 20% of the world’s bitcoin miners are estimated to still operate from Chinese soil.
BUSINESS

Robinhood To Add Bitcoin Gifting Feature: Report

Namcios -
Hidden code in the app’s beta version hinted at the new development, according to a Bloomberg report.
BUSINESS

Adoption, Scarcity to Fuel a Bitcoin Run to $100K: Report

Namcios -
A recent Bloomberg Intelligence report says that Bitcoin is in a consolidating bull market and well on its way to $100,000.
BUSINESS

Report: Goldman Sachs And Other Wall Street Banks Are Exploring Bitcoin-Backed Loans

Namcios -
Goldman Sachs is among a handful of top-tier banking institutions in the U.S. seeking to take bitcoin as collateral for loans.
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