Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024, aims to enhance collaboration, particularly in blockchain and cryptographic technologies. It also […] Source CryptoX Portal
What factors are driving the gaming tokens market cap beyond $30 billion, and which tokens are leading this surge? Gaming crypto tokens are having their moment in the sun, sparking excitement among traders with a wave of positive market sentiments. Over the last week, the market cap for gaming crypto tokens has surged by nearly 11%, reaching over $30 billion as of June 6, according to CoinMarketCap. What’s really happening? Notcoin’s meteoric rise Leading this charge is Notcoin (NOT), which has experienced a jaw-dropping 135% surge in value, now trading…
Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks has deployed a validating node in the network, that is ready to perform real-value transactions CBDC Project Mbridge […] Source CryptoX Portal
XRP price started a fresh decline from the $0.5320 resistance zone. It is now testing the $0.5180 support and might even test the $0.5120 support zone. XRP failed near $0.5320 and started a downside correction. The price is now trading below $0.5250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $0.5250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip further if it stays below the $0.5250 resistance zone. XRP Price Dips Again XRP…
The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its official website. This non-profit organization is committed to mobilizing global crypto advocates. Initiated by crypto exchange Coinbase, which promotes clearer and more effective regulations for the cryptocurrency industry in the U.S., the alliance has gained substantial momentum. […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of Binance-branded credit cards. Binance Customer Support clarified that the current facilities allow the use of existing payment methods to buy […] Source CryptoX Portal
Want to know what are the best coins to invest for beginners? Read our guide to reputable cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and more. Dipping your toes into cryptocurrency can feel overwhelming, especially with so many options out there. However, experts suggest that starting with well-established and reputable digital assets can make the process smoother. To help you get started, we have compiled a beginner-friendly guide highlighting five of the best cryptocurrencies for beginners to invest in, considering their stability, market value, and potential for growth. Bitcoin (BTC) Bitcoin…
GMX, the native token of decentralized perpetual exchange GMX, has soared over 20% in the past 24 hours. The surge was seemingly fueled by a crypto whale move that ignited the community’s positive sentiment towards the token. Some analysts believe GMX might be preparing for a breakout above the $60 mark. Related Reading Whales Send GMX To New Wallets In the early hours of Thursday, a whale withdrew over 85,000 GMX tokens from crypto exchange Binance. Per the reports, the whale sent the funds to a fresh wallet, boosting the…
Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets to purchase shares represented by BENJI tokens. USDC Conversions Now Available for Franklin Templeton’s Onchain Fund on Benji Global […] Source CryptoX Portal
Forget Dogecoin – a new meme coin has joined the market and is quickly becoming a hot topic. PlayDoge (PLAY) has raised over $2.5 million in just the first 10 days of its presale. With analysts now betting this “Tamagotchi x Doge” hybrid could be a potential breakout hit, let’s take a closer look at […] Source CryptoX Portal