Day: June 1, 2024

Survey: 77% Believe Presidential Candidates Should Be Informed on AI and Crypto

The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’ views on cryptocurrency and its potential impact on the upcoming presidential election. The survey, involving over 2,000 adults, highlights key trends such as high interest in crypto among young, minority, male, and Democratic voters. Significant findings include 97% of likely […] Source CryptoX Portal

Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies

A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide, with notable increases seen across all continents. ‘562 Million […] Source CryptoX Portal

Only 8 Altcoins Have Broken ATH Vs Bitcoin Since FTX’s Collapse

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During this bull cycle, the crypto market has been surfing off Bitcoin’s crest and enjoying the bullish momentum. However, investors hope for a seismic explosion to impulse Altcoins to new highs. Related Reading As the crypto industry awaits, online reports revealed that, since FTX’s fall, only eight altcoins have hit a new all-time high (ATH) against Bitcoin. A crypto analyst shared his thoughts on the matter. Altcoins Underperforming Against Bitcoin This Cycle On Friday, Crypto analyst Miles Deutscher shared an interesting fact about the crypto market. Since November 2022, just…

Estonian Nationals Extradited to US for $575M Crypto Fraud

Two Estonian nationals have been extradited from Estonia to the U.S. to face charges for their roles in “a massive multi-faceted cryptocurrency Ponzi scheme,” according to an announcement by the U.S. Department of Justice (DOJ). Sergei Potapenko and Ivan Turõgin are accused of operating a $575 million Ponzi scheme involving the fraudulent cryptocurrency mining service […] Source CryptoX Portal

UNI Price Slides 8% As Uniswap Delays Crucial Voting Proposal

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In a blow to the momentum of the Uniswap native token, UNI, the decentralized exchange (DEX) has been forced to postpone a highly anticipated proposal that would have improved its token governance and fee distribution model.  Meanwhile, the company is also locked in a legal battle with the US Securities and Exchange Commission (SEC) over the regulatory status of its UNI token. Postponed UNI Governance Upgrade Sparks Sell-off  On Friday, the Uniswap Foundation announced that it was delaying the deployment of the first proposal to activate Uniswap Protocol Governance. The…

Expert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low

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Crypto analyst Egrag Crypto has provided another bullish narrative for the XRP price. This time, he outlined two scenarios that could occur and cause the crypto token to experience a breakout, potentially sending it as high as $7.5. This comes with the recent revelation that XRP’s Relative Strength Index (RSI) has reached its lowest ever.  Time For An XRP Price Breakout Egrag Crypto shared a chart in an X (formerly Twitter) post that showed that the crypto token could rise to $7.5 when it accomplishes the breakout, which the crypto…