Category: CryptoX News

Adam Back, Switzerland’s FUTURE Secure 28M Swiss Francs to Build BTC Treasury

Future Holdings AG (FUTURE), a Zurich-based bitcoin BTC$101,847.13 treasury company, said it raised 28 million Swiss francs ($35 million) in a funding round led by Fulgur Ventures, Nakamoto, and TOBAM. The firm aims to bridge traditional finance (TradFi) and bitcoin through a balance-sheet-driven institutional model. FUTURE is led by Chairman Richard Byworth of Syz Capital and CEO Sebastien Hess, a fintech and Bitcoin entrepreneur. Its leadership also includes prominent figures such as Marc Syz, Julian Liniger, and Adam Back, the cryptography pioneer and creator of Hashcash that is seen as…

Google Launches Project Suncatcher to Put AI Compute in Space

Google announces Project Suncatcher to test space‑based TPUs, optical links, and scalable artificial intelligence (AI) infrastructure. Google unveils Project Suncatcher on 4 November 2025, announcing plans to test Trillium‑generation tensor processing units (TPUs) in space and to launch two prototype satellites with Planet by early 2027 to validate optical inter‑satellite links, radiation tolerance, and clustered […] Source CryptoX Portal

Bitcoin Near Make or Break Level as China Suspends 24% Tariff on U.S. Goods

Bitcoin BTC$104,608.94 is trading near a key level that has served as strong support throughout the nearly three-year-long uptrend, amid signs of de-escalation in U.S.-China trade tensions. That key level is the 50-week simple moving average (SMA), which has acted as a trampoline, fueling bullish momentum, refreshing for a larger upward move at least three times since 2023. Let’s see if BTC bulls get lucky a fourth time as prices trade near the 50-week SMA at around $102,900. The latest development in U.S.-China trade relations supports the bullish case. According…

Slides 6% as Bearish Bitcoin Sentiment Weighs Down Ripple-Linked Token

XRP plunged sharply during Tuesday’s session, breaking below key support levels on exceptional volume as bearish momentum strengthened and traders targeted the $2.00 psychological zone. News Background XRP fell 6.4% to $2.20 over 24 hours, sliding from an intraday high of $2.35 amid heavy institutional selling pressure. The token traded across a wide 12.4% range as the broader crypto market stabilized, underscoring XRP’s isolated weakness. Trading volume spiked to 356.7 million, representing a 126% surge above the 24-hour average, confirming institutional participation in the breakdown sequence. Strong resistance persisted at…

What’s Next as Bitcoin, ETH, SOL, XRP Drop 6-10%, Bulls See Massive $1.6B Liquidations

Bitcoin slid to just above $100,000 late Monday before a slight rebound to $101,000, as a wave of forced liquidations and renewed macro jitters erased billions in speculative positions across crypto markets. More than $2 billion in futures contracts were liquidated in the past 24 hours, per CoinGlass, with long traders accounting for nearly 80% of the losses at $1.6 billion. Crypto liquidation heatmap. (CoinGlass) Liquidations occur when traders using borrowed funds are forced to close their positions because their margin falls below required levels. On crypto futures exchanges, this…

Big Short Legend Michael Burry Bets Against AI Boom With Palantir and Nvidia Puts

Michael Burry’s Scion Asset Management is leaning hard against artificial intelligence (AI) highfliers, disclosing hefty put options on Palantir Technologies and Nvidia that together account for roughly 80% of a tightly focused, $44 million portfolio. Wall Street Déjà Vu: Trading Veteran Michael Burry’s Scion Bets Against AI Mania Scion’s latest 13F, released around Nov. 3, […] Source CryptoX Portal

GrantiX Brings $1.57 Trillion Impact-Investing Market On-Chain Through AI-Powered SocialFi Platform

This content is provided by a sponsor. PRESS RELEASE. Dubai, United Arab Emirates, November 4th, 2025, Chainwire. GrantiX, the world’s first sustainable, multi-chain impact platform bridging traditional charities with blockchain donors, announced the upcoming launch of its mainnet ecosystem, uniting the $1.57 trillion impact-investing market with the transparency and scalability of Web3. Built on Arbitrum […] Source CryptoX Portal

Why BTC price dropped below $100k today

Bitcoin crashed through the key psychological level of $100,000, taking the rest of the crypto market with it. Summary Bitcoin fell below the key psychological level of $100k This was the lowest point for the BTC price since June Shares of Strategy were down 6%, mirroring the BTC price Why? Fear is once again running the crypto markets. Against the backdrop of a government shutdown, traders are fleeing from risk assets. For the first time since July, Bitcoin plunged below $100,000, triggering a broader crypto market sell-off. The decline came…

YouTube’s brief XRP strike revives ‘crypto purge’ memories

XRP commentator Oscar Ramos’s coverage of a pivotal industry event was temporarily erased by YouTube due to an alleged violation of community standards. Summary YouTube briefly suspended XRP creator Oscar Ramos for covering the Ripple Swell event, citing “harmful” content before reversing the strike. The move reignited memories of YouTube’s 2019 “crypto purge,” when dozens of digital asset channels were wrongly deleted. Critics say the repeat incidents expose a systemic flaw in YouTube’s moderation of crypto content, leaving creators uncertain about platform fairness. On Nov. 4, Google-owned YouTube abruptly removed…