Category: CryptoX News

Bitcoin Broke the Uptober Streak, but a Handful of Altcoins Managed to Finish Higher

Bitcoin closed October lower, snapping its six-year “Uptober” streak while BNB eked out a gain as a mid-month jolt left most majors stuck below early highs. The shock landed Oct. 10, when President Donald Trump threatened steep new tariffs on China amid rare-earth tensions, touching off a broad risk-off move. Bitcoin slid from roughly the low $120,000s toward about $105,000 in fast trade, and altcoins fell harder as thin liquidity met heavy leverage. Over Oct. 10–11, derivatives venues auto-liquidated an estimated tens of billions of dollars in positions and more…

MiCA Won’t Save Us from a Stablecoin Crisis. It Might be Building One

Europe’s landmark crypto regulation, MiCA, was meant to end the “Wild West” era of stablecoins. Proof-of-reserves, capital rules, redemption requirements: on paper, the framework looks reassuring. Yet, in practice, MICA does little to prevent the kind of systemic risks that could emerge once stablecoins become part of the global financial ecosystem. The irony is striking: a regulation meant to contain risk may, in fact, be legitimizing and embedding it. The contagion problem: when DeFi meets TradFi For years, stablecoins lived in the dark corner of finance: a crypto convenience for…

Valor token becomes 2nd-largest holding in Official Trump meme coin wallet

VALOR, a token launched on American Launchpad, has become the second-largest holding in the Official Trump meme coin team wallet. Summary VALOR is now the second-largest holding in the Trump team wallet, behind 800 million TRUMP tokens worth $6.47 billion. Issued by Swiss fintech Smart Valor, VALOR runs on Solana, with a 1 billion token supply and platform utility including staking and fee reductions. A wallet associated with the team behind Official Trump (TRUMP) meme coin now holds roughly 27.37 million VALOR tokens, valued at about  $240,000, according to Lookonchain reporting. This places VALOR as…

Stablecoin Usage Patterns Reveal East-West Divide in Blockchain Adoption

A recent study by Electric Capital reveals that while stablecoin usage is global, the Americas lead in stablecoin activity compared to more populous regions. Wallet Size and User Activity Patterns According to the latest study by Electric Capital, stablecoin usage is global, but the Americas generate more stablecoin activity than even more populous regions. The […] Source CryptoX Portal

Tether hits $10b profit mark with record $135b in treasuries

Tether now ranks as a top 20 global holder of U.S. debt, a sovereign-scale position that anchors its $10 billion year-to-date profit and cements its systemic role in modern finance. Summary Tether reported over $10 billion in year-to-date profit and $135 billion in U.S. Treasuries exposure. The company issued $17 billion in new USDT in Q3 2025, raising its circulating supply to $174 billion. Tether’s reserves now exceed $181 billion, with $22.8 billion in gold and Bitcoin and a $6.8 billion surplus buffer. On Oct. 31, USDT issuer Tether announced…

$300M Frozen as Crypto Crime Unit Boosts Global Financial Crime Prevention

Global momentum against crypto crime is accelerating as Tether, TRON, and TRM Labs drive a powerful enforcement alliance that has frozen over $300 million in illicit assets, redefining blockchain’s role in global financial integrity and security. Global Crackdown on Crypto Crime Advances as $300M in Assets Frozen Global cooperation against crypto-related financial crime is accelerating […] Source CryptoX Portal

From Crises to Crypto: How Ripple’s RLUSD Is Speeding up Emergency Funds

Ripple is accelerating a global shift in humanitarian finance as its RLUSD stablecoin sees explosive growth and adoption by top aid organizations leveraging blockchain to deliver faster, cheaper, and more transparent disaster relief across underserved regions. Ripple Hits Hard With RLUSD Surge as Aid Giants Tap Blockchain for Relief Ripple’s increasing influence in blockchain-based philanthropy […] Source CryptoX Portal

RLUSD Debuts on Bitpanda, Expanding Ripple’s Stablecoin Reach

Ripple’s RLUSD stablecoin gains powerful momentum as Bitpanda adds the dollar-backed token, expanding its global reach and reinforcing Ripple’s growing dominance in cross-border payments through transparent, compliant, and highly interoperable blockchain infrastructure. Ripple’s RLUSD Added to Bitpanda, Strengthening Ripple’s Stablecoin Network Growing interest in stablecoins continues to reshape the digital payments landscape as major exchanges […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitmine Buys 44,036 Ethereum Worth $166M During Market Dip – Details

Ethereum (ETH) remains under pressure, trading below the $4,000 mark as bulls attempt to reclaim control following weeks of post-crash uncertainty. The sharp sell-off on October 10 not only flushed leveraged positions across the market but also disrupted the uptrend ETH had been building throughout the summer. Since then, price action has weakened, and momentum has shifted toward the downside, raising concerns among analysts that a deeper correction could unfold if buyers fail to defend key demand levels in the days ahead. Related Reading Despite these technical challenges, on-chain and…