Category: CryptoX News

This Gamer Lost Big on Bitcoin — Even Worse Than Pizza Day

Key Notes Bitcoin Pizza Day might not be the first real-world BTC transaction. An anonymous Macedonian claims he used Bitcoin 17 years ago. North Macedonia still lacks clear crypto regulations. An anonymous Macedonian dentist, who goes by Darko to stay private, claims he used Bitcoin BTC$104 74424h volatility:0.7%Market cap:$2.08 TVol. 24h:$24.82 Bearlier than the Bitcoin Pizza Day. In an interview with Balkan Investigative Reporting Network (BIRN), Darko said that he used to compete for prizes in Bitcoin at the multiplayer online battle game DotA in the late 2000s. “I was…

France and Morocco Cooperate to Capture Alleged Crypto Kidnap Kingpin

A 24-year-old Moroccan believed to be the mastermind behind kidnappings targeting mainly French cryptocurrency moguls was arrested in Morocco. Moroccan Faces False Imprisonment Charges The suspected mastermind of kidnappings targeting mainly French crypto moguls was arrested in Morocco at the behest of French authorities. Badiss Mohamed Amide Bajjou, 24, who also faces charges of false […] Source CryptoX Portal

SEC Chair Prioritizes Crypto—Trading, Custody, Issuance Rules Incoming

The SEC chair is fast-tracking a comprehensive regulatory overhaul for crypto, aiming to legitimize markets, eliminate fraud, and unlock massive innovation across the digital asset space. SEC Chair Fast-Tracks Crypto — Key Rules Are Coming U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins placed the regulation of digital assets at the forefront of […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Vitalik’s Plan Can Bring ETH to $3,000 and Crypto (XRP, BTC) ‘More Popular’ Than Stocks in Korea

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CryptoX’s Crypto Daybook Americas. Macro Events and Vitalik’s Bold Plan to 10x Ethereum Layer 1 Could Propel ETH Past $3000: OKX’s Lennix Lai ETH traders are eying $2600 as Asia begins its business day, but OKX’s Chief Commercial Officer Lennix Lai sees an easy path for the token to hit…

Bitcoin To $130k In September? Smart Money Loads Up On Calls

Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Singapore-based trading desk QCP Capital says the options market is sending an unmistakable signal: large players are quietly positioning for a break to $130,000 by the end of Q3, even as spot Bitcoin languishes near $105,000. $130,000 Bitcoin Bets…

USDC Issuer Circle Prices NYSE IPO at $31 Per Share, Valuing Stablecoin Firm at $6.2 Billion

Circle priced its initial public offering (IPO) on Wednesday at $31 per share, above the expected range of $24 to $26. The company sold around 34 million shares in the offering for a valuation of $1.1 billion. Bloomberg pegs the total amount raised in the IPO at $6.2 billion. Circle initially planned to offer just 24 million Class A shares, with 9.6 million coming from the firm itself and the remainder from early stakeholders. But as demand soared, the offering ballooned to more than 10 times the original amount. The…

Suspect in French Crypto Kidnappings Arrested in Morocco

A suspect allegedly behind recent high-profile crypto kidnappings in France has been arrested in Morocco, according to Maghreb Arab Press, a government-run press agency. At the request of French authorities, a joint operation of Morocco’s National Judicial Police Brigade (BNPJ) and the General Directorate of Territorial Surveillance (DGST) took the 24-year-old French-Moroccan suspect into custody, according to a statement from Moroccan police distributed by MAP. The press agency described the man, who was identified by French press as Badiss Mohamed Amide Bajjou, as a mastermind of the crimes. “I sincerely…

USDC Issuer Circle IPO Pricing Could Jump Above Range After Investor Orders Surge: Bloomberg

Stablecoin issuer Circle Internet Group may price its upcoming initial public offering (IPO) well above its marketed range after demand from investors far outpaced supply, according to Bloomberg. The company has reportedly received orders for more than 25 times the number of shares available in the offering. Circle is expected to finalize its pricing following U.S. market hours on Wednesday. Circle’s most recent filing with the Securities and Exchange Commission (SEC) showed plans to sell 32 million shares at a range between $27 and $28 apiece. At the high end…

Bitcoin Price (BTC) Might Rally Further on Improving Interest Rate Picture

This week’s main economic event comes on Friday when the U.S. government releases employment data for May. Ahead of that though, were three fairly important data points of their own on Wednesday, and all flashed unexpected weakness. First to hit was ADP private payrolls for May and that report showed the addition of just 37,000 jobs last month, far shy of expectations for 115,000 and well south of April’s already weak 60,000. It was the softest ADP number since March 2023. “ADP NUMBER OUT,” said President Trump on his Truth…