About This Source - Bloomberg Markets and Finance
Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Bloomberg Books #Ad
Recent from Bloomberg Markets and Finance:
Bloomberg Markets and Finance published this video item, entitled “Bitcoin Institutional Demand Can’t Support $30K Valuation: Guggenheim’s Minerd” – below is their description.
Jan.27 — Guggenheim Global Chief Investment Officer Scott Minerd says the investor base for Bitcoin isn’t currently large enough for its price to rise to projected valuations. “The institutional demand that would support a $35K or even a $30K price is just not there,” he says on “Bloomberg Markets: The Close.”
Bloomberg Markets and Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
In This Story: Bitcoin
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.