Category: CryptoX News

Will FOMC decision push Bitcoin price beyond $100k?

Bitcoin price recovery has stalled as focus shifts to the upcoming Federal Open Market Committee interest rate decision.  Bitcoin (BTC) was trading between $95,000 and $96,000 at last check Sunday. That’s up by about 30% from its lowest level in April this year.  The price movement coincided with President Donald Trumo’s claims that trade talks between the US and other countries, including China, were taking place. In a statement, China’s Commerce Ministry indicated that it was open to talks with the Trump administration, but that tariffs prevented them. Per the…

Ethereum Tests Critical Range: Breakout Or Breakdown?

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. Ethereum is trading at a critical juncture as broader market sentiment turns bullish. After weeks of stagnation and volatility, the second-largest cryptocurrency by market cap is attempting to solidify a bottom. Currently,…

How a $500 stake in XYZVerse might transform over time

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing how a $500 bet on XYZVerse in presale could grow if the project’s ambitious roadmap and listing plans play out in a favorable market. The volatile nature of cryptocurrencies implies that early-stage investments come with both high risks and high potential rewards. Investors who identify promising projects early can realize significant gains. Bitcoin’s early days offer a compelling illustration. When BTC first launched in 2009, it was virtually…

Trust, Not Size, Key to Stablecoin Success, Says Concordium CEO

Concordium CEO Boris Bohrer-Bilowitzki warns that excessive dollar dependence could lead to systemic instability, stressing the need for multi-currency diversification. He envisions stablecoins playing a key role in payment finance (PayFi), offering instant settlements, lower fees, and programmability. Stablecoin Concentration Around a Single Currency Presents Risks The stablecoin market has been overwhelmingly dominated by USD-pegged […] Source CryptoX Portal

BRICS Accelerates Currency Shift With New Trade Tools and Payment Systems

BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border payment systems, and groundbreaking investment platforms to empower the Global South. BRICS Ministers Push Local Currencies, Cross-Border Payment Plan, and New Investment Platforms Foreign ministers from the BRICS countries highlighted their commitment to shifting away from reliance on dominant global currencies […] Source CryptoX Portal

Trump crypto fortune swells as foreign billions roll In

President Donald Trump and his family are generating billions from cryptocurrency, according to a new report from State Democracy Defenders Action. The nonprofit organization, which claims to be “fighting autocracy,” estimates that nearly 40% of Trump’s net worth now comes from digital assets, totaling around $2.9 billion. That crypto windfall stems from Trump’s personal memecoins, Official Trump (TRUMP) and Melania (MELANIA), and a sizable stake in World Liberty Financial (WLFI), a Trump-affiliated crypto exchange launched in 2024. While the group behind the study describes itself as nonpartisan, it’s led by…

NFT sales jump 22% to $107m, Pudgy Penguins recover

The NFT market is showing strong recovery with sales volume jumping by 22.43% to $107.1 million. According to data from CryptoSlam, the NFT buyer count has increased by 33.82% to 523,950, while NFT sellers have grown by 20.75% to 269,713. NFT transactions have also risen by 22.68% to 1,711,931. The recovery has happened as Bitcoin’s (BTC) price has recovered to the $96,000 level. At the same time, Ethereum (ETH) has shown a 1.6% recovery in the last seven days and is hovering at the $1,800 level. The global crypto market…

A coiled spring? Whales accumulate, price rebounds

Cardano price continued to consolidate this week, but the ongoing whale accumulation and its technical pattern points to a rebound. Cardano (ADA), the popular layer-1 network, was trading at $0.70 on Saturday, a level it has remained at in the past few days.  There are signs that whales are starting to accumulate as they expect the price to rebound in the coming weeks. Santiment data shows that the amount of ADA coins held by whales with between 10 million and 100 million coins has jumped to 12.8 billion, up from…