Category: CryptoX News

Donald Trump Vows to Be the ‘Crypto President’ — Pledges to End Biden-Gensler Crypto Policies Within One Hour

Former U.S. President and presidential candidate Donald Trump has pledged to become “the crypto president” if re-elected. He vowed to terminate the anti-crypto policies introduced by Joe Biden and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, emphasizing that their policies “will grind to a halt within one hour of a second Trump administration.” […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Is it enough to sway voters post-conviction?

Former President and presumptive Republican nominee Donald Trump is once again trying to rally the cryptocurrency community to support his campaign over President Joe Biden’s in the leadup to the 2024 election. This time, he’s calling himself “the crypto president” if he wins on Nov. 5. Trump made the remark during a fundraiser in the upscale Pacific Heights neighborhood at the home of Tech venture capitalists David Sacks and Chamath Palihapitiya. The event attracted a diverse array of prominent guests, including executives from crypto exchange Coinbase, the Winklevoss twins, and…

Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year

Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after losing court battles. XRP ETFs Likely Approved Next Year, Ripple’s CEO Says Ripple CEO Brad […] Source CryptoX Portal

Meme coins drop over 10% following GameStop’s stock crash

Meme coins have experienced a notable decline alongside GameStop’s stock crash on June 7. Although the drop was smaller than GameStop’s, major meme coins like Pepe, Dogewheat, Floki, and Bonk fell by over 10%. The unpredictability of the market was evident as GameStop’s stock surged 47% the previous day in anticipation of a live broadcast by Keith Gill, known as ‘Roaring Kitty,’ who had led the GameStop rally. However, the stock price plummeted by as much as 40% after the 50-minute broadcast, which offered no new information. The unpredictability also…

Crypto market plunges $96b following strong US jobs report

In the last 24 hours, the crypto market lost more than $96 billion as major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), faced corrections. Bitcoin, the leading cryptocurrency, saw a sharp drop to an intraday low of $68,507. At the time of going to press, the cryptocurrency was priced at $69,321 — a 2.57% dip from the previous 24 hours. Additionally, Bitcoin’s 24-hour trading volume went down by more than 4% to $28.1 billion. The correction came on the back of Bitcoin hitting a multi-week high of $72,000 on June…

Roaring Kitty Livestream Draws 700,000 Viewers Despite Gamestop’s Plunge

On Friday, the prominent investor Keith Gill, known by his online alias “Roaring Kitty,” conducted a livestream, arriving 25 minutes late and covered in bandages. Gamestop shares tumbled 39.38% on Friday after being halted multiple times during his broadcast. Keith Gill’s Late Appearance and Bandaged Look Coincide with Gamestop’s Sharp Drop Meme stocks ended the […] Source CryptoX Portal

Ripple’s 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds

Ripple has again raised concerns in the XRP community following its recent XRP sale. This comes amid XRP’s unimpressive price action, which continues to paint a bearish outlook for the crypto token.  Ripple Sells 150 Million Tokens On-chain data shows that the crypto firm offloaded 150 million XRP tokens ($78 million) on June 7. These tokens formed part of the 1 billion XRP tokens, which were recently unlocked as part of its monthly escrow unlock, which is set to continue until 2027. As expected, this sale has raised concerns, considering…

BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital

Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely viewed Roaring Kitty livestream. Analysts Highlight Market Chaos Following Bitcoin Dip and Gamestop Decline Three days ago, Singapore-based QCP Capital envisioned a new bitcoin (BTC) all-time high in June. At the time, the firm’s […] Source CryptoX Portal

Sky Mavis Reports Return of $5.7 Million in Digital Assets Stolen During Ronin Attack

Sky Mavis announced that Norwegian authorities have recovered and returned $5.7 million in digital assets stolen during the Ronin bridge incident. The Web3 game developer stated that an additional $40 million in digital assets is currently frozen. However, the company cannot predict when it will be able to recover and return these funds. FBI Involved […] Source CryptoX Portal

Apollo 8 Astronaut William Anders Dies in Plane Crash

SEATTLE — William Anders, the former Apollo 8 astronaut who took the iconic “Earthrise” photo showing the planet as a shadowed blue marble from space in 1968, was killed Friday when the plane he was piloting alone plummeted into the waters off the San Juan Islands in Washington state. He was 90. His son, retired Air Force Lt. Col. Greg Anders, confirmed the death to The Associated Press. “The family is devastated,” he said. “He was a great pilot and we will miss him terribly.” Anders, a retired major general,…