Category: CryptoX News

Solana may underperform Ethereum as memecoin demand declines

Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cryptox, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report suggested that this has had an unintended consequence: “So far, this has been mostly in memecoin trading, which accounts for the majority of activity on Solana (as measured by ‘GDP’, which is application revenue).” Standard…

Rumble Cloud Enters Strategic Collaboration With TRON

This content is provided by a sponsor. PRESS RELEASE. LONGBOAT KEY, Fla., May 27, 2025 – Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced a strategic collaboration with TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps). In the initial phase […] Source CryptoX Portal

Thailand Lets Tourists Spend Crypto, Plans Legal Reforms

Thailand is preparing to let tourists spend cryptocurrency via credit card-linked platforms as part of a broader strategy to modernize its financial system and embrace digital assets. The plan was announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira during an investment seminar in Bangkok on May 26, according to reports from Bangkok Post and The Nation. The initiative, currently under review by the Ministry of Finance and the Bank of Thailand, would enable tourists to link their crypto holdings to credit cards for local purchases. Merchants would receive…

Speculation Grows Over Trump Media’s $3 Billion Crypto Ambition

Amid swirling speculation, Trump Media & Technology Group (TMTG), overseen by Donald Trump’s family, is reportedly exploring a $3 billion fundraising effort aimed at cryptocurrency investments, according to unnamed sources cited by the Financial Times. The plan allegedly includes $2 billion in equity and $1 billion via convertible bonds, though TMTG dismissed the claims, stating: […] Source CryptoX Portal

Thai Banks May Soon Hold Crypto; UNI Rises as Whales Return

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. Uniswap’s UNI token surged from $6.00 to $6.65 over the past 24 hours, pushing the token up 5%, while the broader market gauge CoinDesk20 Index fell 1.8% in the last 24 hours. This momentum coincides with Uniswap recording its highest monthly transaction volume since February, processing…

Binance Square Turns on Live Trading: New Era of Stream-to-Trade Begins

Binance is revolutionizing crypto engagement with Live Trading, a game-changing tool that merges livestream strategy, instant trade execution, and creator monetization in one seamless experience. Binance Square Launches Live Trading to Combine Strategy, Streaming, and Execution Crypto exchange Binance unveiled a new feature on May 26 that allows real-time trading within livestreams on its social […] Source CryptoX Portal

Peter Brandt Ignites XRP or SOL Clash With Bold $100K Trading Scenario

Veteran trader Peter Brandt ignited a firestorm in the crypto world by pitting XRP against solana, spotlighting bullish breakout patterns that could reshape the altcoin leaderboard. Peter Brandt Poses High-Stakes XRP or Solana Question to Crypto Traders Veteran trader Peter Brandt initiated a head-to-head showdown between two prominent cryptocurrencies, XRP and solana ( SOL), on […] Source CryptoX Portal

XRP Price Watch: Consolidation or Collapse? Meanwhile, Nexchain Surges With $3M Presale Raise

This content is provided by a sponsor. PRESS RELEASE. While XRP remains in a narrow range, focus in the cryptocurrency market is slowly turning elsewhere. One of the most talked-about developments this month is the launch of Nexchain, a completely AI-powered blockchain project that is presently in presale. With over $3 million already raised, Nexchain […] Source CryptoX Portal