Federal prosecutors have asked a judge to sentence former Celsius Network CEO Alex Mashinsky to at least 20 years in prison for orchestrating a multiyear fraud that caused over $550 million in losses to cryptocurrency investors. Mashinsky’s $48M Gain from Celsius Collapse Demands 20 Years, Prosecutors Say In a sentencing memorandum filed April 28, the […] Source CryptoX Portal
XRP traded at $2.29 on April 29, 2025, with a market capitalization of $133 billion and a 24-hour trading volume reaching $2.82 billion. Over the past 24 hours, XRP moved within an intraday price range of $2.26 to $2.31, suggesting a phase of minor volatility amid broader consolidation patterns. XRP On the 1-hour chart, XRP […] Source CryptoX Portal
Swiss-based fintech company Tangem aims to launch Tangem Pay in 2025, a Visa card embedded with a cold wallet chip that enables self-custodial crypto spending without intermediaries. Tangem Pay Targets Crypto Users Seeking Direct Spending Control Tangem, a Zug-based hardware wallet manufacturer, announced the product at Paris Blockchain Week. According to the firm, the card […] Source CryptoX Portal
Key Notes Santiment revealed that altcoins outpaced Bitcoin’s gains last week. Social media mentions of “altcoins” and “altseason” are also surging. Analyst sees strong parallels to past bull cycles, expecting a potential 10x altcoin rally ahead. Last week, when the entire crypto market surged over 10%, altcoins outperformed Bitcoin BTC$94 96524h volatility:0.2%Market cap:$1.88 TVol. 24h:$29.97 Band drew the attention of traders. According to a recent report from market intelligence firm Santiment, while Bitcoin posted a respectable 7.6% weekly gain, the broader market’s outperformance indicates a surge of capital flowing into…
Key Notes Bonk has surged 60% in a week, breaking out of a downtrend and eyeing further price gains. The recent BONK rally is a result of “fun stuff” being promised at the upcoming Solana Accelerate. A retest of $0.00001700–$0.00001540 (20-day EMA) could provide healthier entry zones. Bonk BONK$0.00002024h volatility:6.5%Market cap:$1.53 BVol. 24h:$407.90 M, the meme-fueled token on the Solana blockchain, has turned bullish, skyrocketing a massive 60% over the past week while the broader Solana meme coin sector also printed massive gains. After months of downward drift, BONK has…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the recently approved XRP ETF might be the starting point for a larger participation of Ripple in Latin America. Latam Insights Encore: XRP ETF Gives Ripple the First Regulated Product […] Source CryptoX Portal
Mastercard is turbocharging the future of payments with a sweeping launch of global stablecoin capabilities, revolutionizing digital wallets, merchant checkouts, and cross-border transactions. Mastercard Unveils Full-Scale Stablecoin Payments Network Globally Mastercard announced on April 28 a major step forward in digital payments by unveiling global, end-to-end capabilities aimed at enabling stablecoin transactions from digital wallets […] Source CryptoX Portal
Abu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank announced plans to launch a dirham-backed stablecoin, fully regulated by the UAE Central Bank, aimed at advancing payment solutions and digital infrastructure. The stablecoin will operate on the ADI blockchain, according to The National, and will be issued by FAB, the UAE’s largest bank, pending regulatory approval, the companies said in a joint statement Monday. The digital currency will be used by consumers, businesses, and institutions, supporting emerging applications like machine-to-machine transactions and artificial intelligence-driven processes. “This new stablecoin…
Citi forecasts U.S. dollar stablecoins could surge to $3.7 trillion in the bull case, driving an unprecedented blockchain-fueled transformation of global finance by 2030. US Dollar Stablecoins Set to Dominate Amid Global Blockchain Frenzy, Says Citi Citi’s Global Perspectives and Solutions division released a new report titled “Digital Dollars—Banks and Public Sector Drive Blockchain Adoption” […] Source CryptoX Portal
Digital asset funds saw a surge of $3.4 billion in inflows last week, marking the third-largest on record, as investors seek alternatives amid sustained concerns over tariffs. Bitcoin and Ethereum Lead Digital Asset Inflows Digital asset investment products recorded a massive $3.4 billion in inflows last week, the third-largest weekly total on record, according to […] Source CryptoX Portal