Category: CryptoX News

SHIB Slides 5% Despite Token Burn as BTC Trades Below 200-day Average

SHIB$0.0₅9684, the world’s second-largest meme token by market value, has dropped over 5% in 24 hours, taking cues from the risk-off mood in the broader market characterized by bitcoin’s drop below its 200-day simple moving average. SHIB has dropped to $0.00000951 from $0.00001018, closing on key support zone, which marked downside exhaustion through October. BTC, too, has dropped reversing the brief move above the 200-day SMA over the weekend, although its relative resilient. SHIB down Despite Burn Activity SHIB’s underperformance is characterized by token burn and below average volume. Token…

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart

Microsoft today said it had signed a $9.7 billion purchase agreement for AI cloud capacity from bitcoin miner-turned-neocloud company IREN. The move marked one of the biggest commercial validations yet for the upcoming neocloud sector — referring to a group of data center firms that evolved from bitcoin mining into artificial intelligence infrastructure. Under the five-year contract, Microsoft will gain access to Nvidia GB300-based AI systems hosted in Texas. IREN, formerly known for its large-scale Bitcoin mining operations, will buy $5.8 billion worth of GPUs from Dell Technologies and expects…

AMINA Bank Achieves First MiCA Crypto‑Asset Service Provider License Via Austrian Subsidiary

Swiss crypto-banking group AMINA’s Austrian unit secured a MiCAR crypto-asset service provider license from the Austrian regulator. AMINA Bank AG announces in Zug, Switzerland on 3 November 2025 that its subsidiary AMINA (Austria) AG (AMINA EU) has received a Crypto‑Asset Service Provider (CASP) license from Austria’s Financial Market Authority (FMA) under the Markets in Crypto‑Assets […] Source CryptoX Portal

BTC’s Indecision Problem. Will It Breach $100K?

This is a technical analysis post by CryptoX analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$107,151.64 traders, pull up the monthly candlestick chart, which is waving the white flag of indecision like never before, and October’s candle says it all. The October candle represents a massive trading range, from about $103,600 all the way up to over $126,000. That’s a spread bigger than the preceding three months combined! Yet, BTC ended October with a modest 3.8% dip. When prices swing wildly but end the concerned period near where they…

Crypto’s Trust Deficit: CTO Details Plan to Restore Confidence Trust After ‘Scared Capital’ Retreat

The digital asset space faces a crisis of confidence, driven by extreme volatility and systemic failures like the Oct. 10 flash crash. To rebuild trust, Byrrgis CTO Robert Freeman has proposed a strategy centered on radical transparency, real-time threat detection, and zero-trust security architecture. Crypto’s Confidence Crisis Profound disillusionment now defines the digital asset landscape. […] Source CryptoX Portal

Why Did The Fed Inject Massive $29.4B in Liquidity And What Does it Mean For BTC

The U.S. Federal Reserve (Fed) pumped $29.4 billion into the banking system on Friday, sparking optimism on crypto social media. While the move aimed at easing liquidity concerns and is supportive of risk assets, including bitcoin, it’s nothing out of the ordinary. The Fed pumped billions through overnight repo operations, the largest since the 2020 coronavirus pandemic, to ease liquidity stress that has supposedly capped bitcoin’s BTC$107,735.48 gains in recent weeks. The operation, conducted via the standing repo facility (SRF), temporarily boosted cash available with primary dealers and banks and…

Falls to $0.18 as ‘Death Cross’ Price Action Appears

Dogecoin slipped 2.3% to $0.1827 during Tuesday’s trading session, breaking decisively below key support at $0.1830 as whale distribution accelerated and long-term holders began exiting positions. The decline came amid a deteriorating technical backdrop and increased selling activity across large wallets. News Background DOGE dropped from $0.1870 to $0.1827 across the 24-hour window, carving out a $0.0070 range that marked its third consecutive session of lower highs. Price Action Summary The decline followed three failed recovery attempts above $0.1860, solidifying resistance at that level. Heavy distribution persisted throughout the U.S.…

Billion-Dollar XRP ETF? Bitwise Sees It Happening Sooner Than Anyone Expects

XRP is igniting unstoppable bullish momentum as massive institutional moves, ETF anticipation, and record whale accumulation fuel investor frenzy over the token’s next explosive phase in digital finance. XRP ETF Buzz Sparks Massive Institutional Surge Investor sentiment toward XRP is turning sharply bullish as expectations mount for one of the most anticipated cryptocurrency fund approvals […] Source CryptoX Portal

Is XRP the Next Crypto ETF to Launch? Updated Filings Ignite Investor Optimism

XRP’s momentum is surging as major ETF filings ignite investor optimism, positioning the crypto as the next heavyweight to enter the institutional spotlight, fueling speculation of a near-term regulatory breakthrough. XRP ETF Momentum Builds as Bitwise and Canary Submit Amended Filings XRP’s rise toward ETF launch gained new momentum as two issuers — Bitwise Investment […] Source CryptoX Portal