Morgan Stanley Details Indicators For Investors Gauging ‘Crypto Winter’s’ End – Morgan Stanley (NYSE:MS)

Morgan Stanley MS has detailed that signs investors should look for that may indicate “crypto winter” is coming to an end, potentially signaling brighter days ahead for cryptocurrency enthusiasts.

The term “crypto winter” refers to a period of severe market downturns in the cryptocurrency space, which has historically happened in a cyclical manner.

Denny Galindo, an executive director within Morgan Stanley’s Equity Model Portfolio team, discussed the pivotal role of Bitcoin’s BTC/USD halving event in dictating these market cycles, with the next halving estimated to occur around April 2024.

This insight comes at a time when the crypto discourse is gaining momentum, especially with events…

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MEXC Faces Scrutiny For Unapproved Crypto Services In Germany

Germany’s financial regulator, BaFin, has issued a warning against cryptocurrency exchange MEXC for offering crypto custody services without the requisite approval.

The warning accentuates the mandatory regulatory permission needed by entities to offer financial services within Germany.

The regulator, alongside the Federal Criminal Police Office and state criminal investigation offices, advised consumers to exercise caution while venturing into online investments and to conduct extensive research to avoid potential fraud.

MEXC’s crypto custody offering comes under the spotlight at a time when regulatory frameworks surrounding digital assets are being stringently examined.

Also Read: Biden…

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Meet Web3 Trendsetter William E. Quigley At Benzinga’s Future Of Digital Assets Event

William E. Quigley, a well-known figure in the world of cryptocurrency, is among the Web3 figureheads who will be speaking at the upcoming Benzinga’s Future of Digital Assets event.

The Tether co-founder started his career at Disney. He held diverse roles at the Disney Store retail chain and Disney Consumer Products, working with Disney’s licensing division — the world’s largest consumer products licensor.

Through the 1990s, he shifted his interest toward breakthrough technologies — focusing on software, e-commerce and communications.

After a tenure at Mid-Atlantic Venture Funds, he became a managing director at IdeaLab Capital Partners — a staple venture capital firm that invested in…

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Cryptocurrency CryptoPawCoin’s Price Increased More Than 305% Within 24 hours

Over the past 24 hours, CryptoPawCoin’s CPRC/USD price rose 305.94% to $0.0024. This continues its positive trend over the past week where it has experienced a 947.0% gain, moving from $0.00023 to its current price.

The chart below compares the price movement and volatility for CryptoPawCoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 7933.0% over the past week, moving opposite, directionally, with the…

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Grayscale Submits Filing For Bitcoin Trust Transformation; Aims For NYSE Arca Listing – BlackRock (NYSE:BLK)

Grayscale Investments has taken another step forward in its journey to transform the Grayscale Bitcoin Trust GBTC into a spot Bitcoin BTC/USD ETF, by lodging a new registration document with the Securities and Exchange Commission (SEC).

This action follows the directive of a D.C. circuit court, urging the regulator to take another look at Grayscale’s proposal.

On Thursday morning, the asset management company presented an S-3 filing, a condensed variant of the standard S-1 filing typically utilized for new securities offered by companies in the U.S. before they can be listed on a national exchange.

This latest initiative by Grayscale comes amid efforts by other leading asset management…

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Aptos Electric Energy On First Birthday Leads To Operations Outage For Five Hours – Alpha Pro Tech (AMEX:APT)

Aptos Network experienced a network snag that lasted for more than five hours Wednesday, Oct. 18.

What Happened: According to Decrypt, ythe outage occurred while the network hosted a mass drawing application to celebrate its one-year anniversary and trended the Aptos One hashtag on social media platforms.

Find out more on Aptos and how it has emerged as a trending token among investors. Meet and engage with other transformative Digital Asset and Crypto business leaders and investors at Benzinga’s exclusive event: Future of Digital Assets. Tickets are flying: Get yours!

Aptos took to X to inform the community of the same.

To mark its big day, the Aptos Foundation created a community…

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Ethereum Falls After Jobless Claims Data; ApeCoin Becomes Top Loser

Bitcoin BTC/USD edged higher, with the cryptocurrency prices trading above the $28,400 level on Thursday.

Ethereum ETH/USD, however, moved lower, trading below the key $1,600 mark this morning.

U.S. jobless claims declined by 13,000 from the previous week to 198,000 in the week ending October 14, compared to market expectations of 212,000.

Bitcoin SV BSV/USD was the top gainer over the prior 24 hours, while ApeCoin APE/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.08 trillion, recording a 24-hour decline of 0.5%. BTC was trading higher by 0.3% at $28,449 while ETH fell by around 1.8% to $1,554 on Thursday.

Here are the top ten crypto…

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Coinbase To Establish Dublin HQ As MiCA Regulation Approaches – Coinbase Glb (NASDAQ:COIN)

Coinbase COIN has identified Ireland as its principal center for EU operations and regulatory affairs.

What Happened: The crypto exchange has forwarded its licensing application to the Central Bank of Ireland in preparation for the move, CNBC reported.

The decision aligns with the upcoming enactment of the European Union’s Markets in Crypto-Assets (MiCA) regulation, anticipated by December 2024.

Join the discussion and attend Benzinga’s Future of Digital Assets conference on Nov. 14, which aims to dissect the real-world values and applications of cryptocurrencies and blockchain technology.

Coinbase is no stranger to Dublin. The company established an office there in 2018 and currently…

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