World Assets, a subsidiary of the World Foundation, has sold $135 million in its WLD token to investors Andreessen Horowitz and Bain Capital Crypto. Funding to Support World Network Expansion World Assets, a subsidiary of the World Foundation, has announced the sale of $135 million worth of its native WLD token to prominent investors Andreessen […] Source CryptoX Portal
Category: CryptoX News
Study: XRP Sees Q1 Growth While BTC, ETH, SOL Market Caps Fall
In the first quarter of 2025, XRP’s market capitalization grew by 1.9%, reaching $121.6 billion, while the combined market cap of bitcoin, ethereum, and solana fell by 22%. All network metrics for XRP improved for the second consecutive quarter, with average daily active addresses increasing by 142% to 134,600. XRP Metrics Improve for Second Consecutive […] Source CryptoX Portal
Bitcoin Price Blasts to New All-Time High — Bulls Take the Lead
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. Bitcoin price started a fresh increase and traded to a new all-time high above the $109,000 zone. BTC is now consolidating and might aim for an increase toward $112,000 Bitcoin started a fresh upward move from the $106,000 zone.…
Australian regulator asks High Court to allow appeal in Block Earner case
Australia’s financial regulator will seek the High Court’s permission to appeal a lower court’s ruling favoring fintech firm Block Earner, which found the company’s crypto-linked fixed-yield earning service is not a financial product. The Australian Securities and Investment Commission (ASIC) said on May 21 that it wants to ask the High Court of Australia to clarify what the definition of a financial product is and clarify the circumstances when an interest-earning product and conversion of assets from one form to another are regulated. “The definition of financial product was drafted…
Trump’s Memecoin Dinner Draws Crowded Cast of Democratic Protesters from Congress
As President Donald Trump’s biggest memcoin buyers such as Tron founder Justin Sun bask in his attention over dinner on Thursday, Democratic lawmakers and advocacy groups have arrayed a series of protests and complaint sessions to decry the president’s crypto event as fundamentally corrupt. Trump will host his dinner for more than 200 of his leading memecoin investors, whose money will fill the coffers of the president’s own business entities. They’ve reportedly been invited to his capital-area golf course, the Trump National Golf Club Washington, D.C., outside of which the…
VanEck to launch Avalanche ecosystem fund
VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial services, payments, and artificial intelligence. Idle capital will be deployed into Avalanche (AVAX) real-world asset (RWA) products, including tokenized money market funds, VanEck said. The fund will be managed by the team behind VanEck’s Digital…
BTC Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
Bitcoin’s surge to a fresh all-time record on Wednesday ran into a brick wall just below $110,000. After hitting a record of $109,754, BTC quickly fell to about 3% to the $106,000 area. At press time, the top cryptocurrency was trading just above $107,000 according to CryptoX’s Bitcoin Price Index, modestly lower over the past 24 hours. Other cryptocurrencies took a hit as well, with ether and solana also slightly lower over the last day despite the early Wednesday run higher. The reason behind the price action may be as…
The Graph enables cross-chain transfer of GRT with Chainlink’s CCIP
The Graph, an indexing and query protocol, has integrated Chainlink’s interoperability standard to enable cross-chain transfer of its native token. The Graph (GRT) announced that this adoption of the Chainlink (LINK) interoperability standard will allow users to bridge GRT across multiple blockchains, including Solana, Arbitrum and Base. Tapping into Chainlink’s cross-chain interoperability protocol is a key step towards the expansion of GRT’s accessibility and utility, The Graph team noted in a blog post. GRT support for Solana is a major move that will boost not just the SOL ecosystem, but…
Shiba Inu Bulls Roar To Life After Breakout—Next Price Targets
Reason to trust 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. Este artículo también está disponible en español. Shiba Inu (SHIB) printed a textbook-grade inverted head-and-shoulders on the daily chart this spring, and Tuesday’s session shows the pattern has now gone through the full breakout-and-retest sequence flagged…
Bank lobby is ‘panicking’ about yield-bearing stablecoins — NYU professor
America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and founder of Zero Knowledge Consulting. In a May 21 social media post that begins with, “The Empire Lobbies Back,” Campbell claimed that the banking industry is especially alarmed by the potential for stablecoins to offer interest or rewards to holders. In a pointed message aimed at Democratic lawmakers, Campbell wrote that “banks want you to protect…