Suvashree Ghosh, Bloomberg
Suvashree Ghosh, Bloomberg
15 January 2024
Money in the Market: Has the spot Bitcoin ETF optimism evaporated already?
Since last week, the first US ETFs that invest directly in Bitcoin have begun trading. Billions of dollars changed hands, with the token briefly surging past $49,000 following the US SEC approval of such ETFs. But now, Bitcoin has posted its worst streak in about a month, dropping for four straight days - the worst such run since mid-December. So has the ETF optimism now evaporated? On Money in the Market, Hongbin Jeong speaks to Suvashree Ghosh, Crypto Currency Reporter for APAC at Bloomberg to find out how Bitcoin has since responded to the latest development, and how the new spot Bitcoin ETFs fared in the past first few trading days.
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Listen To Her Previous Podcasts:
6 November 2023
Money in the Market: Should we be bullish on Bitcoin?
Cryptocurrency Bitcoin has rallied about 27% in October. That’s the biggest monthly increase since January.
And this recent surge comes on the back of expectations that the US Securities and Exchange Commission may soon approve exchange-traded funds that invest directly in the cryptocurrency after more than a decade of deliberation.
On Money in the Market, Hongbin Jeong speaks to Suvashree Ghosh, Crypto Currency Reporter for APAC with Bloomberg, to find out what this move signifies and whether we can see further upside for the cryptocurrency.
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31 July 2023
Money in the Market: Can Bitcoin still reach over $100,000 despite the current halt?
Bitcoin seems to be trading at a tight range, hovering around the $30,000 level at the moment. Earlier this year, some analysts have forecasted that the cryptocurrency may even reach well over the $100,000-mark. But with the crypto rally we saw in the beginning of the year at a halt, is that still possible? On Money in the Market, Hongbin Jeong speaks to Suvashree Ghosh, Crypto Currency Reporter for APAC with Bloomberg, to find out more.
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18 July 2022
Money in the Market: Will we see an end to the 'crypto winter'?
Cryptocurrencies have suffered a brutal comedown this year, losing US$2 trillion in value since the height of a massive rally in 2021. And that has resulted in many experts warning of a prolonged bear market known as “crypto winter.” On Money in the Market, Hongbin Jeong speaks to Suvashree Ghosh, Crypto Currency Reporter for APAC at Bloomberg to find out more about what's currently happening in the crypto world.
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