Hong Kong Introduces Blockchain Vertical in Global Fast Track 2024

Invest Hong Kong, the government department responsible for attracting foreign direct investment, has announced the 7th edition of the Global Fast Track (GFT) 2024, a program designed to empower business connectivity among fintech startups, corporates, and investors. The program, open for applications until September 20, offers fintech companies worldwide the opportunity to pitch their cases […] Source CryptoX Portal

Delhi Police Arrest 7 in Crypto Fraud

Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising high returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance Pandit, and Dinesh, created fictitious bank accounts and sold them to other fraudsters. Deputy […] Source CryptoX Portal

Solana Price (SOL) Climbs 5%: Is a $200 Target Achievable?

Solana started a fresh increase above the $175 zone. SOL price is showing signs of strength and might climb further above the $185 resistance. SOL price started a decent upward move above the $175 resistance against the US Dollar. The price is now trading above $175 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $176 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could aim for more upsides if it clears the $185 resistance level.…

XRP Price Eyes Upside Break: Will The Gains Keep Rolling?

XRP price started a fresh increase from the $0.540 zone. The price is now rising and eyeing an upside break above the $0.600 resistance zone. XRP price started a fresh increase above the $0.580 zone. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support at $0.5880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gain bullish momentum if it clears the $0.60 resistance zone. XRP Price Eyes More Upsides…

Ethereum Price Climbs: Will It Challenge the $3,700 Mark Again?

Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is moving higher above the $3,500 zone. The price is trading above $3,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $3,565 resistance zone. Ethereum Price Reclaims $3,500 Ethereum price remained in a…

Can Bulls Push to $70K Next?

Bitcoin price extended gains above the $68,000 resistance level. BTC bulls seem to be in action, and they might aim for a move toward the $70,000 level. Bitcoin started a fresh increase above the $66,500 resistance zone. The price is trading above $66,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $66,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains and trade above the $68,800 resistance zone. Bitcoin Price Climbs Further…

Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness

Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Solana-Based Kamala Token Soars as Biden-Linked Meme Coins Tumble After Race Withdrawal

On July 21, 2024, a Sunday evening around 8:30 p.m. Eastern Time, presidential meme coins experienced notable fluctuations. A Solana-based meme token called kamala horris (KAMA) surged over 78% within 24 hours, while crypto coins linked to the Biden family saw a steep decline. This dramatic volatility followed Joe Biden’s announcement that he would be […] Source CryptoX Portal

African Union Approves Continent’s Artificial Intelligence Strategy

The African Union (AU) has approved its Continental Artificial Intelligence (AI) Strategy and African Digital Compact to drive Africa’s digital development. These initiatives aim to accelerate digital transformation by leveraging new technologies while ensuring ethical use and minimizing risks. The strategy provides guidance for African countries to harness AI, preserve identity, languages, and cultures, and […] Source CryptoX Portal