Day: May 3, 2025

Capitalist Says Crypto’s Value Vs. Dollar Has No Ceiling

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The dollar is weakening this year. As reported, the US dollar index declined 7% year-to-date, one of its worst openings in recent history. The dollar index measures the value…

Lightchain AI Unleashes AIVM + PoI The Dawn of Permissionless Intelligence

This content is provided by a sponsor. AI-as-a-service, but permissionless. —Anyone can serve. —Anyone can query. OPEN SOURCE, TRUSTLESS, PERMISSIONLESS, DECENTRALIZED AI. In a world drowning in closed APIs, censorship layers, and gate kept model access, Lightchain AI is ripping the muzzle off artificial intelligence. The upcoming launch of the AI Virtual Machine (AIVM) and […] Source CryptoX Portal

Ethereum nears key Bitcoin price level that last time sparked 450% gains

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Ethereum’s Ether (ETH) token is approaching a critical price zone against Bitcoin (BTC), which historically marked the beginning of a massive rebound. ETH price fractal from 2019 hints at bottom The ETH/BTC pair, currently trading near 0.019 BTC, is edging closer to 0.016 BTC — the exact level it reached in September 2019 before rallying nearly 450% over the following year. ETH/BTC weekly performance chart. Source: TradingView The current ETH/BTC setup resembles 2019, with both periods marked by oversold relative strength index (RSI), long stretches below key moving averages, and…

Blackrock’s Bitcoin Fund Now Commands 607,685 BTC — Worth $58.5B

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U.S. spot bitcoin and ether exchange‑traded funds amassed nearly $700  million during Friday’s trading session, closing the week on a vigorous note. Blackrock’s Bitcoin ETF Devours $675M in a Day While Rivals Stand Still Crypto ETFs finished in positive territory, with spot bitcoin products drawing $674.91  million and ethereum‑linked counterparts bringing in $20.10  million, according […] Original

Cardano Whales Accumulated 410 Million ADA In April – Breakout Coming?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Cardano is currently trading just below the $0.75 mark, where it has spent several days consolidating after its recent upward move. Despite facing resistance at this level, market sentiment…

Why tokenized gold beats other paper alternatives — Gold DAO

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Tokenized gold carries several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to tokenized gold. In an interview with Cointelegraph, the DAO representatives outlined three major benefits unique to tokenized gold, including 1:1 redeemability for a specific quantity of physical, serialized gold, usage as collateral in decentralized finance (DeFi) applications, and transactional efficiency through on-demand liquidity. “When you buy an ETF, you are betting on the gold…

Chart of the week: Will ImmutableX extend gains?

Traders turned optimistic this week as Bitcoin surpassed $97,000, paving the way for capital rotation to GameFi, DeFi and Layer 2 tokens. ImmutableX’s IMX token stands out among the rest with double-digit gains on Friday. The native utility token of the gaming platform rallied 10% before erasing gains at the end of the week, and printed over 5% weekly gains.  The ImmutableX (IMX) chain addresses the scalability and cost of the Ethereum blockchain. IMX posted over 30% gains in the past month and hovers around key resistance at $0.70.  ImmutableX…

Dogecoin Uptrend Intact? Expert Analysis Sparks Bullish Buzz

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Dogecoin’s price rebounded to $0.186 after declining from $0.185 to $0.15 earlier in the week. The rebound is evidence of buyers coming in on lower prices, a sign some market observers view as continued strength for the meme cryptocurrency. Analysts Monitor Long-Term Pattern Formation As far as analyst Steph is Crypto is concerned, Dogecoin still tracks what they refer to as a “Legendary trend-line” that extends between three significant price lows over several years. That support line started above $0.001 in early 2020, was again breached above $0.059 in 2024,…

Bitcoin mining — Institutions boost investments amid favorable US climate

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Opinion by: Fakhul Miah, managing director of GoMining Institutional The Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment in the US and the profitability margin of BTC.  Then, numerous companies are diversifying by allocating computing power to AI, further strengthening their economics and, thus, investment attractiveness. For now, it looks like the future of the foundational layer for the Bitcoin network could mark the new gusher…

State of Crypto: IRS Departures

The IRS, alongside many other regulators, has been pretty active in the crypto world over recent years. On Friday, two directors left. You’re reading State of Crypto, a CryptoX newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Over 20,000 IRS employees accepted deferred resignation offers made by the Donald Trump administration, including two directors tasked with overseeing digital assets rulemaking. Why it matters Raj Mukherjee and Seth Wilks went on paid administrative leave Saturday, though individuals familiar with the…