Bloomberg: “Bitcoin Is Staging a Comeback Reminiscent of 2017 Bubble Frenzy” - DataTrek Research
06 May
Facebook Twitter Google Linkedin Pinterest

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.


By clicking submit, you agree that you have read and understand our Terms of Service, Subscription Agreement, and Privacy Policy, and hereby agree to be bound by them.

Bloomberg: “Bitcoin Is Staging a Comeback Reminiscent of 2017 Bubble Frenzy”

By admin_45 in IN THE NEWS Bloomberg: “Bitcoin Is Staging a Comeback Reminiscent of 2017 Bubble Frenzy”

Excerpt from Bloomberg quoting DataTrek co-founder Nick Colas:

.... "Wallet growth has also spiked, rising 2% in April, the largest monthly increase since at least November. To Nicholas Colas at DataTrek Research, there’s two possible explanations: bored, locked-down gamblers and sports betters are finding their way into cryptocurrencies amid the coronavirus shutdown, while many are also getting excited about Bitcoin’s halving, he wrote in a recent note"....

Read the full article here on Bloomberg!

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.


By clicking submit, you agree that you have read and understand our Terms of Service, Subscription Agreement, and Privacy Policy, and hereby agree to be bound by them.