Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to $3,000
In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current economic situation might surpass the 2008 financial crisis in severity. Drawing comparis...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000
▶Bitcoin Magazine Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000 Mike McGlone was one of the few Wall S...
Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers
TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hi...
More Americans now own Bitcoin than gold, River survey finds
Bitcoin's growing popularity over gold among Americans may drive institutional investment and amplify US influence on global crypt...
Gold, silver lose $1.3T in 4 days; Bitcoin holds above $80K
The shift towards Bitcoin amidst precious metals' decline highlights changing investor strategies in response to inflation and int...
Netanyahu Rebuked Over Plan to Use Crypto to Bypass Economic Sanctions
Netanyahu faces Bank of Israel rebuke after suggesting crypto could bypass sanctions, with 100+ economists warning of damage to Is...
Binance Founder CZ Makes Shocking Claim About AI Hacking: “No Crypto Wallet Is 100% Safe”
The comments followed two X posts in which CZ discussed the limits of digital security and AI risks, highlighting phishing and soc...