When Will The Bitcoin Bear Market End? US Mega Bank Has The Answer
In a recent development, leading investment bank Morgan Stanley has weighed in on when the lingering Bitcoin bear market is likely to end. Interestingly, they share some similar views with analysts who have made predictions in the past. Bitcoin Halving A Major Factor In an article released by the investment bank, Morgan Stanley highlighted Bitcoin’s importance as the leading crypto and how the Bitcoin Halving, which is set to take place in April 2024, could affect its price and other crypto tokens by extension. Related Reading: XRP Price Prediction: Rare Bent Fork Pattern Predicts....
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“Toto, I’ve a feeling we aren’t in Kansas anymore.” The phrase applies as much to cryptocurrency’s current market conditions as it did when Dorothy uttered those words after entering Oz. Sad as it is, the DeFi summer and bull market of 2020-2021 are over. Projects and companies that many thought were too big to fail […]
Kim Dotcom is a well-known person in the cyber world as the founder of the now defunct file-sharing service Megaupload. Now, Dotcom is not only creating a new sharing service called Mega 2.0 but has made it well known that Bitcoin will be a major part of the platform. Mega 2.0, Bitcache, MegaNet. The new service that Dotcom has been working on called....
A look at previous bitcoin bear market cycles shows two distinct phases of capitulation and can give insight into how much longer the bear market will last.
Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.”
Standard Chartered Bank Forays Into the Metaverse
Standard Chartered Bank announced Tuesday that its subsidiary, Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), has partnered with The Sandbox, a popular blockchain virtual gaming platform, “to create [a] metaverse experience.”
Standard Chartered is a leading global....
Crypto financial services platform Matrixport has predicted that an approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) could push the price of Bitcoin between $42,000 and $56,000 per unit. BTC, the world’s largest cryptocurrency, has experienced notable increases in value throughout the current week, with the aim of surpassing the significant threshold of $30,000. The cryptocurrency has been influenced by the operations of a spot Bitcoin Exchange Traded Fund (ETF) as investors continue to await approval to onboard institutional and mainstream exposure....