Crypto news

Investment banking giant Morgan Stanley published a report on Tuesday arguing that Bitcoin (BTC)’s upcoming halving event in six months may be the dawn of a new bull market. With reference to Bitcoin’s “four seasons,” the bank claimed that “crypto winter” may already be over. Crypto Winter Is Over Morgan Stanley Wealth Management defines cryptocurrency “winter” as a period of the “four-year cryptocurrency cycle” that begins after Bitcoin taps an all-time high and investors...

In the rapidly evolving landscape of technology, Web3 stands as a beacon of innovation, poised to redefine how we interact with the digital world. Unlike its predecessor, Web2, which primarily focused on user-generated content and social networking, Web3 places decentralization at its core. It leverages blockchain technology to empower users with greater control over their data and digital assets. This paradigm shift has garnered widespread attention, spearheading a new era...

TL;DR The approval of a spot Bitcoin ETF by the SEC has been a highly debated topic, and a recent false report claiming approval caused a temporary 10% increase in BTC’s price. The likelihood of Bitcoin reaching $100,000 after SEC approval depends on various factors, with institutional demand being a significant consideration. Increased institutional interest could lead to higher demand and drive up the price. Other factors, such as the regulatory environment and the timing...

Binance.US has garnered support from a major crypto lobbyist group in warding off an ongoing lawsuit from the U.S. Securities and Exchange Commission (SEC). In a new amicus brief, the US Chamber of Digital Commerce argued that the agency’s claims against the exchange are misplaced, and that its actions are turning crypto businesses away from its borders. Regulation By Enforcement In the Thursday filing, the lobbyists echoed previous criticisms from industry leaders that the...

LastLand is more than just a game; it’s a valuable addition to the BigTime ecosystem. This exciting Web3 adventure immerses you in a post-apocalyptic world, where your mission is to build a safe haven, explore desolate landscapes, and gather important metal resources. What sets it apart is that you can also earn up to 1100% in Binance Coin (BNB). BigTime is known for its innovative Play-to-Earn approach, and LastLand takes it to the next level. As an essential...

Ripple (XRP) is the 5th largest crypto by market cap behind BTC, ETH, USDT, and BNB. In mid-October 2023, Ripple had a market capitalization of $26.6 billion. XRP price began to rally again in mid-October after six months of hardly moving (other than a July spike that lasted about a few weeks). Here are six major XRP price factors moving forward: 1. Tailwind: SEC Drops Charges Against Ripple Executives Ripple tokens jumped to 6% gains on the 7-day window Thursday after...

While giving a recent keynote address for Zoom’s 2023 Zoomtopia Conference, the Berkshire vice president said Bitcoin is the “stupidest investment I ever saw.” He didn’t stop there, though. Charlie Munger went on to say that most cryptocurrencies aren’t just unprofitable, but he thinks bagholders will eventually lose all their money: “Don’t get me started on Bitcoins. Most of those investments are going to zero.” Now, he’s not entirely wrong on that second count. Charlie...

TL;DR Following Ripple’s SEC win, XRP surged to $0.53. Big investors now control 29.5% of its supply. Legal victories and increased holdings indicate potential for new XRP highs. Both human analysts and AI, like ChatGPT, foresee regulatory clarity boosting XRP’s future value. XRP Sharks and Whales Control Almost 30% of the Supply Ripple and its native token – XRP – have splashed the waters in the cryptocurrency space once again after the company secured a third court victory...

The recent introduction of fees by Uniswap sparked speculation about a ‘sell the news’ reaction, a closer examination, however, offers a different perspective. Despite a 5% decline in UNI’s price since the initial announcement, Uniswap’s on-chain activity has grown. According to the latest insight by Santiment, a noticeable disparity is observed in the diminishing UNI price and the increasing on-chain activity. The crypto analytic platform said that the negative MVRV suggests...

TL;DR CryptoPawCoin (CPRC) plummeted by approximately 90% in 24 hours, despite the broader crypto market’s bullish trend. The newly-launched token spiked by nearly 700% in mid-October, but faced skepticism due to its low market cap and absence from CoinMarketCap. CPRC claims to merge blockchain with animal welfare, aiming to support animal-related organizations. The recent price drop raises concerns about a potential “rug pull” scam. Despite the ongoing bullish condition of...