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McGlone Warns SPX Pullback Could Send Bitcoin Price to $10K

McGlone Warns SPX Pullback Could Send Bitcoin Price to $10K

Mike McGlone, senior commodity strategist at Bloomberg Intelligence, stressed that high stock prices and upcoming interest rate hikes suggest bitcoin’s price may retrace meaningfully to $10,000, serving as a leading indicator of a risk-asset drawdown. Bloomberg’s McGlone: Bitcoin’s ‘A Dud,’ ‘Beta’ While the cryptocurrency market enjoyed one of its finest Augusts ever, with Bitcoin prices […]

Sep 13, 2026 · byBitcoin.com News
Nasdaq Invests $100M in Kraken Parent Company: Report

Nasdaq Invests $100M in Kraken Parent Company: Report

Bitcoin Magazine Nasdaq Invests $100M in Kraken Parent Company: Report The deal between Kraken and Nasdaq will help build infrastructure for tokenization, according to a Bloomberg report. This post Nasdaq Invests $100M in Kraken Parent Company: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

Sep 10, 2026 · byBitcoin Magazine
Nasdaq Drops $100M on Kraken Parent in Tokenized Stock Power Play

Nasdaq Drops $100M on Kraken Parent in Tokenized Stock Power Play

Nasdaq Ventures has agreed to invest $100 million in Kraken parent Payward as the companies deepen a partnership designed to move traditional stocks onto blockchain networks and build markets that can operate beyond conventional trading hours. The investment, announced Sept. 10, adds financial backing to a relationship Nasdaq and Payward established in March. Bloomberg, citing […]

Sep 10, 2026 · byBitcoin.com News
Bitcoin Price Slides as Coinbase Boss Calls the Cycle Bottom

Bitcoin Price Slides as Coinbase Boss Calls the Cycle Bottom

On Thursday, Coinbase CEO and founder Brian Armstrong appeared on a Bloomberg Insight video with Haslinda Amin, and he seemed pretty convinced that the worst of bitcoin’s current cycle is behind it. Bitcoin’s price has trended below the $77,000 range on Thursday, and it has lost 3.3% over the last day. The downtrend picked up […]

Sep 10, 2026 · byBitcoin.com News
Top XRP ETF Holders Revealed: Goldman, Jane Street Lead the List

Top XRP ETF Holders Revealed: Goldman, Jane Street Lead the List

Goldman Sachs, Jane Street, and Millennium Management led disclosed spot XRP ETF holdings in second-quarter filings. Bloomberg Intelligence data showed known filers held $183.5 million in fund exposure representing about 176.4 million XRP. Goldman Sachs Leads XRP ETF Holder Rankings Institutional investors held $183.5 million across U.S. spot XRP exchange-traded funds (ETFs) at the end […]

Sep 6, 2026 · byBitcoin.com News