Category: CryptoX News

Dow skyrockets 1,100 points a.s U.S. and China slash tariffs, BTC falls

The Dow Jones Industrial Average surged more than 1,100 points on Monday.  The S&P 500 also jumped 3.25%, the Nasdaq Composite surged nearly 4.34%, and the Russell 2000 rose 3.56%. Tech and retail stocks, many of which arebeen heavily exposed to China, led the rally.  Tesla gained 7%, Apple rose 6%, and Amazon jumped 8%. Dell and Best Buy also posted strong gains. Following high-stakes negotiations over the weekend in Geneva, U.S. tariffs on Chinese goods were lowered to 30% from recent highs of 145%, while Beijing cut its retaliatory…

Bulls Take Profits After U.S./China Breakthrough

In another addition to the old Wall Street maxim of “buy the rumor, sell the news,” bitcoin (BTC) has headed lower after the U.S. and China announced at least a temporary truce in their trade war. Bitcoin had been pumping higher since bottoming just under $75,000 in the days following President Trump’s early April Liberation Day tariff shocker. The price finally again topped $100,000 late last week following an agreement with the UK. China was the gorilla though and BTC nearly reached $106,000 in the early morning hours on Monday…

Amber International Launches $100M Crypto Reserve Focused on BTC, ETH, XRP, BNB, SOL and SUI

Amber International has introduced a $100 million crypto ecosystem reserve, leveraging AI-driven strategies to invest in select digital assets and foster institutional adoption. The initiative includes strategic partnerships and operates under a strong risk management framework to ensure secure and compliant investment pathways. Amber’s AI-Powered $100 Million Reserve Targets High-Conviction Digital Assets Amber International Holding […] Source CryptoX Portal

Market Structure Rules for Crypto Could End Up Governing Core of U.S. Finance: Le

The crypto industry has been desperate for U.S. regulation as the last major piece in its global maturity puzzle, but sector veteran and compliance expert TuongVy Le, a former Securities and Exchange Commission lawyer, argues that what Congress and the regulators are working on isn’t just for today’s digital assets space but for the core of the future financial system. Le, who has held top legal and regulator positions at Anchorage Digital, Bain Capital and the former Worldcoin (now World Network), told CryptoX that she expects the new rules coming…

CoinDesk 20 Performance Update: Uniswap (UNI) Surges 12.7% Over Weekend

CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index. The CryptoX 20 is currently trading at 3293.81, up 5.5% (+171.28) since 4 p.m. ET on Friday. All twenty assets are trading higher. Leaders: UNI (+12.7%) and ICP (+12.0%). Laggards: BTC (+0.8%) and BCH (+1.6%). The CryptoX 20 is a broad-based index traded on multiple platforms in several regions globally. Source CryptoX Portal

Pepe price gets extremely overbought: is a reversal coming?

Pepe Coin price continued its strong rally on Monday, reaching its highest level since January. Pepe (PEPE), the third-biggest meme coin after Dogecoin (DOGE) and Shiba Inu (SHIB), jumped to a high of $0.00001535, up 180% from its lowest level this year. The rally occurred as its 24-hour trading volume surged to over $3.2 billion, higher than the combined volumes of Shiba Inu, Official Trump, and Bonk. It also rose as demand in the futures market gained momentum, with open interest hitting a record high of over $662 million. This…

This Chart Shows Bitcoin’s (BTC) Bull Run Against Gold (XAU) Expected to Accelerate as U.S.-China Trade Tensions Ease

Over the past two weeks, bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further. This outlook is supported by bullish developments in the bitcoin-to-gold ratio, which measures BTC’s USD price against gold’s USD price per ounce and easing U.S.-China trade tensions. Recently, the ratio broke out of an inverse head-and-shoulders pattern, a classic bottoming formation characterized by a large trough flanked by two smaller ones, with a trendline connecting the recoveries between troughs. The breakout indicates bearish-to-bullish trend change, signaling further bitcoin outperformance. Last week,…

Rootstock Achieved Record Merged Mining Participation Despite Declining User Activity in Q1

In its Q1 2025 report, blockchain intelligence company Messari highlights significant developments in Rootstock, a bitcoin sidechain, including a record-high merged mining participation rate of 81%, up from 56.4% in the previous quarter. This came following the integration of Foundry, the largest bitcoin mining pool. Transaction costs on the network dropped by 60% due to […] Source CryptoX Portal

When Will Bitcoin Hit 200k in 2025?

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. As the cryptocurrency market continues its rollercoaster journey, investors and enthusiasts are keenly watching Bitcoin’s trajectory. With whispers of a $200,000 price tag circulating, many are wondering if this bold milestone is…

Metaplanet Buys Another $126M in BTC, Passing El Salvador

Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…