Category: CryptoX News

Meme coins, ETF hopes to send Solana to $500?

Solana rallied after bottoming at $94.50 in April as demand for its token and meme coins jumped.  Solana (SOL) rose to $170 at last check on Saturday and is now hovering at its highest level since March 3 this year.  The rally has coincided with the ongoing crypto and stock market bull run. Bitcoin and most altcoins have jumped, bringing the market cap of all cryptocurrencies to over $3.2 trillion.  Most Solana meme coins have also jumped in the past few weeks, pushing their market cap from $6 billion in…

Which crypto could boom in 2025? A data-driven look at the contenders

As the market recalibrates post-halving and post-tariff, which crypto could boom in 2025 as volatility, liquidity, and adoption collide? Which crypto could boom in 2025? The year 2025 is beginning to reflect a shift away from short-lived excitement and toward deeper changes that are steadily influencing how crypto finds its place within the broader financial system. After the sharp rise in 2024, which saw the market cap cross $3 trillion, attention is now turning to whether that momentum is sustainable and what deeper forces are quietly steering the direction. One…

Ripple CEO Sees Stablecoins Exploding Globally, Calls for Rapid US Regulation

Ripple’s CEO pushes for urgent U.S. action as stablecoins skyrocket globally, warning that without clear rules, America risks falling behind in the digital currency race. Ripple CEO Urges Congress to Act Fast as Stablecoins Erupt Worldwide Ripple chief executive Brad Garlinghouse raised alarms on social media platform X Thursday, following the U.S. Senate’s failure to […] Source CryptoX Portal

Crypto’s $10T Surge Begins—Mainstream Stablecoins Trigger Escape Velocity

Crypto adoption is about to hit escape velocity as Meta, Stripe, and Ramp embrace stablecoins, setting the stage for a $10 trillion surge in digital asset integration, experts say. Stablecoins Hit Mainstream—Crypto Adoption Reaching Escape Velocity The accelerating shift toward stablecoin adoption reached a new milestone this week as Meta, Stripe, and Ramp each revealed […] Source CryptoX Portal

China may help the US fight the deadly fentanyl epidemic to get a seat at the trade negotiation table 

WSJ reports that China is eyeing potential assistance in cracking down on the fentanyl trade in North America as a possible pretext for starting China-U.S. trade negotiations. Fentanyl overdoses take the lives of dozens of thousands of people in the U.S. and Canada annually. China is a key player in the North American fentanyl market. According to unnamed sources cited by The Wall Street Journal, China may propose cooperation on the fentanyl crisis as an “off-ramp from hostilities” to foster dialogue with the Trum administration. Potentially, China has a resource…

Ethereum price greenlit for further upside after surprise 29% ETH rally

Key takeaways: ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted.  President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook.  Ether (ETH) posted an impressive 29% gain between May 8 and May 9, likely marking the end of a 10-week bear market that bottomed out at $1,385 on April 9. This sharp move triggered the liquidation of over $400 million in short (sell) ETH futures positions, suggesting that whales and market makers were caught off guard. Despite the surge,…

Stakestone and Trump’s World Liberty Financial Launch Cross-Chain Integration

Stakestone announced Friday its integration with World Liberty Financial (WLFI) is now live, enabling cross-chain asset transfers, yield generation, and capital access without lock-in periods. USD1 Stablecoin Anchors Stakestone’s Multichain Ecosystem Stakestone is an Omnichain liquidity protocol that lets users stake ethereum (ETH) or bitcoin (BTC) for liquid tokens like STONE and SBTC. These tokens […] Source CryptoX Portal

Oxbow Lifts Deposit Limits on Privacy Pools, Opens Doors to Institutional Users

Oxbow, a decentralized finance (DeFi) platform balancing privacy and compliance, has removed deposit limits on its Privacy Pools tool, enabling unrestricted Ethereum transactions while screening illicit funds. Regulatory-Friendly Privacy: Oxbow’s Tool Now Accepts Large-Scale ETH Deposits Oxbow, a DeFi platform founded in 2023, announced Friday it has removed deposit limits on its Privacy Pools tool, […] Source CryptoX Portal

SRx Health Solutions to start crypto-based borrowing plan, invests $1.5m in Solana

SRx Health Solutions, Inc. announced on Thursday that it intends to launch a new subsidiary focused on borrowing crypto. These investments include cryptocurrencies like Solana (SOL) and Bitcoin (BTC), forming a key part of a wider strategy to utilize its current assets while investigating decentralized financial models. According to the company, the proposed subsidiary would allow global investors to deposit cryptocurrency in exchange for a share of profits from SRx’s North American Halo brand. SRx would then use the crypto capital to support Halo’s sales and marketing operations, aiming to…

Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting

Bitcoin miner MARA Holdings (MARA) stock outperformed peers on Friday, even after its first quarter results missed Wall Street’s estimates, as the company’s focus on lowering costs is seen as positive by analysts. Jefferies analysts said that with the bitcoin BTC$103,091.84 price improving in the second quarter of this year and MARA focusing on more sustainable energy sources such as solar and flared gas-driven data centers, power costs should come down in the coming quarters and help margins. “MARA is expanding infrastructure at its 114 MW wind farm and has…