Charlie Munger: Crypto is a 'Disgusting' Form of Gambling

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, the world's largest cryptocurrency exchange, for allegedly viol"The virtual reality market has seen a significant surge in recent weeks, with the market cap reaching an all-time high of $905 billion. This is accorTesla's investment in Bitcoin has paid off big time, with the company's shares surging by over 4% after it was revealed that the electric car maker haCrypto investments have seen a significant increase in recent weeks, with many altcoins experiencing a surge in popularity. According to a recent repoGrayscale Bitcoin Trust (GBTC) has been on a tear in recent weeks, with its shares surging over 28% as investors bet on the rise of bitcoin. The trustVitalik Buterin, co-founder of Ethereum, has sent $1 million in Ether (ETH) to Coinbase, according to data from blockchain explorer Lookonchain. ThisBinance, the world's largest cryptocurrency exchange by volume, has launched two new testnets for its futures trading platform. The testnets, which ar

The price of bitcoin has risen to $100,000, up 12.3% from last week, as the dollar strengthens against other currencies. This increase in bitcoin's vaSolana (SOL) and FTX's AI-themed tokens have been on a tear recently, with SOL rallying over 18% in the past 24 hours and FTX's tokens up over 31%. ThEthereum futures trading is set to launch on the Chicago Mercantile Exchange (CME) next week, providing investors with a new way to trade the second-lIn a recent tweet, Binance CEO Changpeng Zhao (CZ) expressed his dissatisfaction with CoinMarketCap's ranking methodology, stating that the site's algThe cryptocurrency market has been experiencing a rollercoaster ride in recent days, with bitcoin and ethereum showing mixed signals. While bitcoin haBinance, the largest cryptocurrency exchange by volume, has seen a significant shift in its stablecoin offerings, with TrueUSD (TUSD) gaining market s"Taproot's highly anticipated 'Quantum' NFT sale was marred by technical issues on Monday, leaving many would-be buyers frustrated. The sale, which wa

China's central bank, the People's Bank of China (PBOC), has cut interest rates to boost economic growth, as the country's economy continues to struggThe US labor market continued to show strength in January, with 353,000 jobs added, exceeding expectations and signaling a robust start to the year. TPolkadot (DOT) has been making waves in the cryptocurrency market, with its price surging in recent days. According to data from CoinMarketCap, DOT haA recent study has found that hedge funds have underperformed in the cryptocurrency market, with many struggling to navigate the volatility and compleCoinbase, one of the largest cryptocurrency exchanges in the US, has been sued by the Securities and Exchange Commission (SEC) over allegations that iThe cryptocurrency market has seen a significant rally in 2020, with bitcoin (BTC) reaching an all-time high of $29,000 and ether (ETH) up 27% year-toBitcoin surged to a new high of $30,000 on Monday, leading the crypto market in a bullish trend. The top cryptocurrency by market capitalization has b

Polygon's MATIC token has surged 8.6% in the past 24 hours, reaching a high of $1.08. This comes as the Consumer Price Index (CPI) has risen to 60%, wBinance's Trust Wallet is revolutionizing the world of decentralized finance (DeFi) with its user-friendly interface and multi-chain support. The wallA recent survey conducted by the University of Central America (UCA) has found that El Salvadorans are divided on the issue of legalizing bitcoin. AccTerra's LUNA token has surged 30% in the past 24 hours, leading a broader crypto market rally. The stablecoin's growth comes as investors seek refugeThe latest data from the Bureau of Labor Statistics (BLS) shows that inflation remains subdued, with the Consumer Price Index (CPI) rising by 0.3% inThe crypto markets were in turmoil on Monday as the price of Bitcoin plunged to a low of $27,500, according to CoinDesk. The drop was attributed to aBinance, the world's largest cryptocurrency exchange, has partnered with the Recording Academy to launch non-fungible tokens (NFTs) and crypto experie

Binance, the world's largest cryptocurrency exchange, is under investigation for alleged violations of anti-money laundering (AML) and know-your-custoThe price of Bitcoin (BTC) has fallen sharply in recent days, with liquidations surging as traders bet on further declines. According to Coinglass, thThe cryptocurrency market has seen a significant surge in recent days, with Bitcoin reaching a new all-time high of $30,000 and Ethereum gaining 5%. TThe Platypus Protocol, a decentralized finance (DeFi) platform, has fallen victim to a hack that resulted in the loss of $3.8 million in cryptocurrencInvestors are pouring into Grayscale's Ethereum Trust (ETH), with the product seeing inflows of over $70 million in the past week, according to CoinDeBinance, the world's largest cryptocurrency exchange, has announced the launch of its own stablecoin, Binance USD (BUSD), which could potentially rivaFort Worth, Texas has become the latest U.S. city to embrace bitcoin mining with new regulations that aim to attract miners and boost the local econom

Binance, the leading cryptocurrency exchange, has announced the rollout of its Binance Card in the UK and Europe. The card allows users to spend theirArbitrum, the decentralized layer 2 scaling solution on Ethereum, is making waves in the crypto market with its innovative approach to scaling and govDespite the recent surge in Bitcoin's price, long-term holders of the cryptocurrency are holding strong, according to data from Glassnode. The firm'sThe price of Bitcoin has surged to over $12,000, driven by strong demand in the DeFi (Decentralized Finance) market. The cryptocurrency has gained oveLFG's bitcoin holdings have reached a record high of $100 million, according to data from the company's wallet. The price of bitcoin currently sits atEl Salvador has become the first country to adopt Bitcoin as legal tender, following the announcement by President Nayib Bukele that the country willBinance, the world's largest cryptocurrency exchange, is facing a lawsuit from Sequoia Capital, a venture capital firm, for breaching an exclusivity a

Institutional investors are piling into bitcoin, driving the average price to over $3,000, according to a recent report. The influx of institutional mAccording to a recent survey by JPMorgan, the price of Bitcoin is expected to reach $60,000 by the end of 2023. The survey, which was conducted amongWizards, a fast-growing NFT project, has announced plans to resume minting on Taproot, a new protocol designed to improve the NFT experience on BitcoiThe recent partnership between FTX and USDD has sparked contagion fears in the crypto market, with FTX customers suffering losses of up to 355%. Accor"The virtual reality market has seen a significant surge in recent weeks, with the market cap reaching an all-time high of $905 billion. This is accorThe price of Bitcoin has been on a tear in recent days, surging above $26,000 on Wednesday. This comes as the Securities and Exchange Commission (SEC)Craig Wright, the self-proclaimed inventor of Bitcoin, has been accused of manipulating evidence and lying under oath in a recent trial. Wright, who i

Advisors are increasingly looking to Bitcoin as a way to diversify their clients' portfolios, as the cryptocurrency market continues to gain attentionBitcoin's price has been experiencing a rollercoaster ride in recent days, with a significant drop on Wednesday causing a stir in the crypto communityCrypto-backed loans have gained popularity in Wales, but it's essential to understand the risks and regulations involved. The Financial Conduct AuthorTwitter is expanding its monetization options for creators and users with the integration of non-fungible tokens (NFTs) and the Lightning Network. ThiThe cryptocurrency market has seen a significant rally in the past week, with Bitcoin (BTC) and Ethereum (ETH) leading the charge. According to CoinMaThe recent surge in ETFs has been a positive sign for the cryptocurrency market, with many investors seeking exposure to the asset class. This optimisGrayscale's Bitcoin ETF (GBTC) has seen significant inflows in recent days, outperforming its competitors in the cryptocurrency market. According to C

The cryptocurrency market has reached new heights, with the total market capitalization surging to over $2.7 trillion. This marks a significant increaBinance, the world's largest cryptocurrency exchange by volume, has announced the launch of its much-anticipated futures trading feature. The platformAfter a recent pullback to around $63,000, Bitcoin (BTC) has stabilized above $60,000, with the Relative Strength Index (RSI) indicating limited upsidThe cryptocurrency market has turned bearish in recent days, with the value of Ether (ETH) falling to three-month lows. According to data from Skew, tLido DAO, a decentralized autonomous organization (DAO) built on the Ethereum blockchain, has been making waves in the decentralized finance (DeFi) spIn a recent press conference, Federal Reserve Chairman Jerome Powell hinted at the possibility of ongoing rate hikes, sending the US dollar and bond yThe price of Bitcoin has surged to $18,170, with investors eagerly awaiting the next move from the Federal Reserve. The cryptocurrency has seen a sign

Jim Cramer, the host of CNBC's Mad Money, has sparked a heated debate in the cryptocurrency community after suggesting that Bitcoin may be topping outThe Ethereum ecosystem has seen a significant increase in activity in 2023, with over 5 billion transactions taking place on the blockchain. This growA THORChain deployer has been hacked for $27 million in ether and bitcoin, according to a report by CoinDesk. The hack occurred on February 13th, and"The current market is seeing a rebound in inflation, reminiscent of the 1970s. In this article, we'll compare the current market to the 1970s and expBinance, the world's largest cryptocurrency exchange by volume, has announced its plans to enter the Korean market with a won-pegged stablecoin. AccorDespite a recent pullback, Bitcoin's momentum remains strong, with buyers pushing the price back up towards the $60,000 mark. The pullback was largelyLiechtenstein's Prime Minister, Daniel Risch, is reportedly considering regulating crypto assets in the country. According to Handelsblatt, Risch is p

FTX, a Bahamas-headquartered cryptocurrency exchange, has filed for bankruptcy in the United States, sparking controversy and raising questions aboutDespite a recent sell-off, Bitcoin has maintained its momentum above $54,000, with daily returns clearing $60,000. The cryptocurrency has seen a surgeFTX has announced that it is halting withdrawals due to global funding issues. The company stated that it is unable to continue providing withdrawal s