Category: CryptoX News

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,…

VanEck sets $22K price target for Ethereum by 2030 amid anticipated ETF approval

VanEck has set a new price target for Ether (ETH), the native token of the Ethereum protocol, predicting it will reach $22,000 by 2030. The forecast represents a massive rise from its current price of around $3,850. The global investment firm had earlier anticipated that Ether ETFs could surpass their Bitcoin counterparts in market size. In its latest June 5 report, VanEck attributed this optimistic forecast to Ethereum’s disruptive capabilities and the cashflow it generates for token holders. VanEck’s comprehensive analysis highlights Ethereum’s impact across multiple sectors, including finance, banking,…

Ferrum CTO warns against concluding ETH’s non-security status

Ever since the launch of Bitcoin ETFs in January, the crypto industry has been eagerly waiting for the US Securities and Exchange Commission’s nod regarding Ethereum. Finally, in May, as all hopes were fading, the commission decided to approve the 19b-4 forms for spot Ether ETFs. According to Taha Abbasi, CTO at Ferrum Labs, the decision is pivotal and is expected to be another step towards mass adoption. “It proves to the world that L1 and related assets are indeed functioning as intended and are now recognized by governing authorities…

Crypto Scam Promoter Pleads Guilty, Faces Up to 20 Years in US Prison

Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme primarily targeted Spanish-speaking communities in the U.S., and Tacuri benefited significantly, amassing millions from his fraudulent activities. Scheduled for sentencing on Sept. 24, […] Source CryptoX Portal

Polkadot, Dogecoin eye new ATH while KangaMoon leads presale market

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Polkadot and Dogecoin soar amid a bull run, while analysts predict emerging memecoin KangaMoon could follow DOGE’s success with significant growth potential. Polkadot (DOT) alongside top memecoin Dogecoin (DOGE) are blowing hot in the crypto space at the moment following a recent bull run that has pushed their prices to new highs. While both DOT and DOGE tokens seek to register another historic high prices, analysts are now turning…

ProShares seeks SEC nod for spot Ethereum ETF listing on NYSE

ProShares, a prominent issuer of exchange-traded funds (ETFs), has filed a proposal to list and trade spot Ethereum (ETH) ETF shares on the New York Stock Exchange (NYSE). According to the filing with the United States Securities Exchange Commission (SEC), the ProShares Ethereum ETF will use Coinbase Custody Trust Company for ETH custody. The asset manager noted that the firm and its associated parties will not engage in activities related to Ethereum staking. Crypto.news reported that potential spot Ethereum ETF issuers have revised their 19b-4 and S-1 filings to exclude…

TON Foundation Announces Plans to Widen Access to USDT on Ton

The TON Foundation has announced a partnership with Tether to broaden the access of global crypto communities to USDT on the TON blockchain. The foundation has outlined plans to integrate TON-based USDT into at least a hundred exchanges and payment processors in both established and emerging markets in the coming months. TON Foundation and Tether […] Source CryptoX Portal

Bitcoin Stubborn Stand Below $100K: What’s Holding It Back?

Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized.’ Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk’s social media platform X to explain the hurdles preventing Bitcoin from achieving this milestone. Related Reading Examining Bitcoin’s Stagnation Below $100k According to Edwards, one of the primary factors is the sale of Bitcoin by long-term holders. His analysis shows a decline in wallets holding Bitcoin for…

ICE’s crypto marketplace Bakkt exploring sale

Crypto warehouse Bakkt is reportedly exploring a potential sale amid increased crypto-related takeover activity. Bakkt, a crypto custody and trading platform for institutional investors, appears to be evaluating a potential sale, Bloomberg has learned, citing sources familiar with the matter. The report comes at a time when the crypto market is seeing a spike in acquisition activity. Notably, fintech brokerage firm Robinhood recently announced its intention to acquire European crypto exchange Bitstamp for $200 million. Additionally, American Bitcoin mining giant Riot Platforms is exploring options to acquire its Canadian rival…