Cryptonews

Meanwhile, Bernstein, that lively sage of Wall Street, has upgraded its forecasts-like a gambler who just found a lucky charm. They see Bitcoin rising beyond the horizon of 2026 and even beyond to 2033, as if the coin has decided to break free from its four-year cycle prison and grow up into a more mature, all-expanding creature 🤯. Their analysts, perhaps having drunk a bit too much of the digital Kool-Aid, now believe that the crypto rollercoaster is morphing into a steady, everlasting amusement park. Oy, such optimism! 🚀

For those who’ve been following this financial soap opera, the 21Shares XRP ETF has submitted its fifth amendment to its S-1. Fifth, you say? One wonders if they’re aiming for a Guinness World Record. 🏆📝

PNC, the ninth-largest bank in the U.S., is now playing in the crypto sandbox. They’ve partnered with Coinbase, the second-largest crypto exchange (just behind Binance, the crypto of the future), to offer Bitcoin trading. Because who needs a separate account when you can have it all in one place? 🤯

When a bank CEO, a trader, and a self-proclaimed “Internet villain” all whisper the same suspicious secret, you know the kettle’s brewing something odd. Enter Custodia Bank’s Caitlin Long, “Whale Panda” Stefan Jespers, and Andrew Tate (the “Top G” who once sold cars like a man possessed). All three reckon BTC is being puppeteered by shadowy whale overlords-Tate’s rant being the freshest.

Who knew a cryptocurrency could be the star of a Netflix docuseries? XRP is stealing the spotlight, with investors and traders whispering its name like a secret password. 🤫 Meanwhile, the ETFs are raking in cash faster than a crypto bro’s savings account. 💸

Hong Kong has thrown open its doors to public consultation on crypto tax rules-because nothing says “trust us” like asking everyone what they think while secretly drafting stricter laws. The proposal? A masterclass in legal juggling acts, demanding financial institutions report every crypto coin swap like it’s the last chocolate on a dentist’s shelf. Cross-border reporting? Oh yes, because nothing unites nations quite like sharing your neighbor’s suspicious transactions 🌐🕵️♂️.

But what alchemical transformation rendered this once-repugnant elixir palatable to the suits? BeInCrypto, ever the intrepid scribe of blockchain chronicles, sought counsel from Aishwary Gupta, Polygon Labs’ sovereign of payments and real-world assets, to unravel this enigma. Gupta, with the air of a man who’d just discovered fire, expounded upon the forces propelling this metamorphosis-and what it might portend for the crypto cosmos.

This steady rise suggested that Avalanche was being used purposefully-unless you’re a crypto bro who thinks “purpose” is just a fancy word for “I’m not sure.” 😅

But let’s not get too excited just yet. The rate cut will still depend on inflation numbers, labour data, and whether the economy feels like being cooperative. Since the last cut in September 2024, the US dollar made a dramatic leap, while the crypto market experienced some very brief but entertaining jolts. We’ll see if lightning strikes again. ⚡

On a Tuesday, when the world was busy sipping its tea, Hong Kong declared its quest for wisdom-or perhaps just public opinion-on CARF and the tweaking of tax reporting standards. A noble endeavor, they claim, to thwart the shadowy specter of cross-border tax evasion. 🕵️♂️💼