Bitcoin (BTC) maintained a steady climb Saturday as U.S. domestic tensions intensified. Markets remained focused on crypto resilience despite unsettling headlines, including an immigration-related standoff in Los Angeles. According to a report by CNBC, over 100 arrests have been reported as clashes continued between protesters and federal agents, prompting President Trump to authorize the deployment of 2,000 National Guard troops. By Sunday morning, elements of the 79th Infantry Brigade had arrived on-site, according to Northern Command. Further escalation came with Defense Secretary Pete Hegseth warning that U.S. Marines at Camp…
Category: CryptoX News
Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real
Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain pulled back the curtain on a machine delivering over a petahash per second (PH/s) with an energy use […] Source CryptoX Portal
Latam Insights: Brazil Defies Trump’s Threats; Meliuz Seeks Funding to Purchase BTC
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Lula defies Trump’s tariff threats, Meliuz seeks financing to increase its bitcoin reserves, and Tether invests in Chile-based Orionx. Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade Brazilian President Luiz Inácio […] Source CryptoX Portal
AI could destroy crypto within five years
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. AI has been evolving at breakneck speed and is becoming an indispensable and useful tool across many industries for business and consumer-facing functions, including the finance industry. The fast adoption of AI is largely driven by its low barriers to entry, where anyone with a computer and internet connection can interact with AI and develop it. Yet, as AI grows, it brings severe risks: AI is already…
IPO Bonanza: Circle’s Opening-Day Surge Validates Stablecoins, Regulatory Transparency
Experts view Circle’s initial public offering as a sign of the growing maturity and credibility of the crypto industry. Blackrock’s acquisition of a 10% stake in Circle is seen as a strong endorsement of the future of regulated stablecoins. IPO Success Hints at Changed U.S. Dynamics Following Circle’s fairly successful initial public offering, its stock […] Source CryptoX Portal
XRP price prediction in June 2025
XRP XRP witnessed a big rally in December 2024 and prices continued to provide smaller pumps in Q1 2025 as well. However, since then the price of XRP has been range bound. Bulls believe a new all-time high is around the corner, while bears are of the opinion that the vertical pump witnessed in late 2024 will be retraced very soon. Let’s find out which scenario is more probable in this XRP price prediction. Currently ranked at the 4th position with a market cap of $130 billion, XRP (XRP) has…
Dogecoin price prediction in June 2025
Bitcoin has taken a nose dive and the altcoins are bleeding with it. However, there is a silver lining to all of this, which is that Bitcoin (BTC) is now testing the major support of $101-98k. Analysts predict a pump and memes like Doge may run hard when BTC stabilizes. Let’s find out from which areas that can happen in this Dogecoin price prediction. Currently ranked at the 9th position with a market cap of $26.22 billion, Doge (DOGE) has enjoyed a decent bull run so far with prices reaching…
Coinbase Makes Ending Account Freezing a Top Priority
Coinbase is tackling account freeze issues head-on with top-priority fixes, deploying smarter machine learning, in-app verification tools, and long-term safeguards to protect users. Coinbase Says Account Freezing Issue Down 82% Amid Internal System Overhaul Crypto exchange Coinbase (Nasdaq: COIN) addressed ongoing concerns about user account restrictions in a series of updates shared on June 6 […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Beijing taps Hong Kong to liquidate seized crypto
In a move that underscores the strategic value of Hong Kong’s regulatory autonomy, Beijing has established its first formal process for liquidating confiscated cryptocurrencies—tapping into Hong Kong’s licensed exchanges to offload digital assets seized in criminal cases. The arrangement highlights the stark policy divide between mainland China’s hardline anti-crypto stance and Hong Kong’s ambitions as a digital asset hub. It also offers a practical solution for Chinese authorities to convert seized crypto into fiat currency without breaching domestic restrictions. According to a local report from Tech In Asia, Beijing’s Public…
SEC Urged to Stop Favoring Late Filers in Crypto ETF Race for Market Share
Top investment firms demand SEC reinstate filing-order rule to protect crypto ETF innovation and prevent market dominance by giants. SEC Urged to Restore First-to-File Rule as Big Firms Exploit System Shift Executives from asset management firms Vaneck, Canary Capital, and 21Shares issued a joint letter to U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins […] Source BitcoincryptoexchangeExchanges CryptoX Portal