Category: CryptoX News

SEC Signals Major Shakeup for Crypto Funding With Regulation A Under Fire

SEC leadership is turning up the heat on outdated capital-raising rules, with bold signals that long-overdue Regulation A reforms could finally open floodgates for crypto ventures. SEC Chair Blasts Regulation A Limits, Calls for Reform to Empower Crypto Issuers and Small Businesses U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins urged a reassessment […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Dow drops 390 points as tariff uncertainty overshadows Fed meeting

U.S. stocks fell sharply Tuesday as uncertainty over global trade negotiations and caution ahead of the Federal Reserve’s rate decision weighed on markets.  The Dow Jones Industrial Average dropped 389.83 points, or 0.95%, while the S&P 500 lost 0.77% and the Nasdaq Composite slipped 0.87%. The sell-off came after President Donald Trump dialed back expectations for imminent trade deals during a meeting with Canadian Prime Minister Mark Carney. “We don’t have to sign deals,” Trump said, contradicting earlier remarks by both himself and Treasury Secretary Scott Bessent, who had suggested…

21Shares launches ETP for Crypto.com’s Cronos token

21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.com’s Cronos token, the asset manager said.  The ETP is listed on Euronext’s Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement.  Cronos (CRO) is a layer-1 blockchain network affiliated with Crypto.com, a centralized exchange.  The chain is designed to integrate with the Ethereum and Cosmos ecosystems and support “decentralised finance (DeFi), NFTs, and Web3 applications,” 21Shares said.  The ETP aims to provide investors with a “straightforward way to integrate CRO into their…

Compass Point Downgrades to Sell Ahead of Earnings

Investment bank Compass Point downgraded MARA Holdings (MARA) to a sell rating from neutral on Tuesday, citing unsustainable cash burn. “There’s better ways to get BTC beta,” analysts wrote in the research note, pointing to Marathon’s hash price, now below 5.5 cents, as a signal of declining profitability. At current operational levels, Compass Point estimates the company is facing significant cash burn that could lead to shareholder dilution. The bank also slashed MARA’s price target to $9.50 from $25, suggesting more than 25% downside from the current price near $13.…

New Hampshire becomes first state to authorize Bitcoin and crypto investments

New Hampshire has become the first U.S. state to authorize its treasurer to invest public funds in Bitcoin and other digital assets, marking a significant milestone for crypto policy at the state level. Governor Kelly Ayotte signed House Bill 302 into law, stating on X, “New Hampshire is once again first in the nation,” celebrating the move to permit investments in both cryptocurrency and precious metals.  New Hampshire is once again First in the Nation! 🎉 Just signed a new law allowing our state to invest in cryptocurrency and precious…

Alpen Testnet Launch Marks a Step Toward Bitcoin’s Programmable, Scalable Future

NEW YORK, May 5, 2025 /PRNewswire/ — Testnet Opens Door to Decentralized Trading, Borrowing, Earning, and Stablecoins on Bitcoin‘s Foundation. Bitcoin‘s market cap sits close to $2 trillion, but its potential remains largely untapped, locked behind centralized solutions. The Alpen testnet is now publicly available, a major step toward unleashing that potential with programmability and scalability through zero-knowledge proofs. This milestone brings decentralized trading, borrowing, earning, stablecoins, and more one step closer to Bitcoin. “Bitcoin‘s not just for holding anymore,” said Simanta Gautam, CEO and co-founder of Alpen Labs. “Alpen…

Frictionless flows are Ethereum’s path to economic dominance

Opinion by: Barna Kiss, CEO of Malda An idea recently floated by some prominent thinkers in the Ethereum space to reclaim value for the mainnet is the taxing of its Layer-2s. The future of Ethereum does not depend on policy but on enabling frictionless capital movement between the L2s in question. Tariffing rollups may appear a neat way to reclaim value for the mainnet. In practice, it would fragment the ecosystem, drain liquidity, push users toward centralized platforms, and avoid decentralized finance altogether. In a permissionless system, capital flows to…

Index Drops 2.2% as All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2654.32, down 2.2% (-60.12) since 4 p.m. ET on Monday. None of the 20 assets are trading higher. Leaders: BCH (-0.3%) and BTC (-0.8%). Laggards: SUI (-7.7%) and AAVE (-7.5%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Original Source CryptoX Portal

Crypto Daybook Americas: Bitcoin Threatened by Regulation Hiccup, Weakening Demand

By Omkar Godbole (All times ET unless indicated otherwise) As bitcoin (BTC) and the wider crypto market await the Fed’s rate decision on Wednesday, an anomaly has emerged that could weigh heavily on market mood: renewed doubt over the passing of U.S. crypto regulation. Early Tuesday, CoinDesk reported that Senate Democrats are hesitant to push forward landmark stablecoin legislation, citing concerns over President Donald Trump’s growing personal gains from his crypto ventures. When Trump took office, many observers felt crypto regulation would proceed smoothly. Looking back, that optimism was probably…

Solana’s Natix and Grab Team Up to Expand DePIN Mapping Into US, Europe

NATIX, a decentralized physical infrastructure network (DePIN) focused on mapping data on Solana, shared Tuesday that it is teaming up with taxi service Grab to provide more accurate mapping technologies. Grab, which is known for its taxi services in southeast Asia but also crowdsources mapping data for its technological mapping arm, will be using its collaboration with NATIX to expand its footprint into the U.S. and Europe. The partnership consists of the NATIX team using Grab’s hardware and software technologies for mapmaking. “We take care of the data collection side,…