Category: CryptoX News

Think twice about your crypto PR strategy

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Although some believe that crypto PR and communications efforts should slow down when the markets are cooling off, it couldn’t be further from the truth. Sure, during crypto winters, product development teams huddle together to work on building their solutions—and that’s great—but these are also the ideal times for brand building. Indeed, when the market is going through a crypto slowdown, the strategic brands are seizing the…

Slovenia Capital Ljubljana Tops Global Crypto-Friendly Cities Ranking

Slovenia’s capital, Ljubljana, has been named the most crypto-friendly city in the Multipolitan Crypto Friendly Cities Index. The ranking is attributed to the city’s strong digital asset environment, clear regulations, and widespread adoption of cryptocurrency payments. Slovenia Leads in Cryptocurrency Wealth per Capita The Slovenian capital, Ljubljana, has officially claimed the top spot in the […] Source CryptoX Portal

Coinbase sees floor forming not sooner than late Q2, warns of short-term weakness

Despite signs of long-term Bitcoin accumulation, Coinbase warns that near-term market weakness may persist until at least late Q2. Coinbase analysts are taking a more cautious stance on the short-term crypto market, with expectations that the floor may not come into view until late Q2. In a joint research report with blockchain analytics firm Glassnode, Coinbase analysts highlighted that while long-term Bitcoin (BTC) holders are steadily accumulating more coins, the exchange still foresees ongoing weakness before any potential rebound takes shape. “Bitcoins’ liquid supply (coins moved within three months) decreased…

POL breaks out of 5-month downtrend, is a major rally brewing?

On April 25, POL marked its fifth day of gains, breaking a prolonged downtrend as ecosystem momentum and NFT demand picked up. According to crypto.news, Polygon’s native token, POL (formerly MATIC), surged nearly 20% to an intraday high of $0.26, pushing weekly gains to 34% and marking a 70% rebound from its monthly lows. Its market cap has once again crossed the $2 billion mark, standing at around $2.15 billion at the time of writing. A sharp rise in trading activity backed this rally. POL’s 24-hour volume also shot up…

SEC delays multiple crypto ETF decisions amid growing application backlog

The U.S. Securities and Exchange Commission has pushed back decisions on Bitwise’s Bitcoin and Ethereum ETFs as well as Canary Capital’s Hedera ETF, citing the need for more time as it navigates a surge in ETF filings. According to filings dated April 24, the SEC has delayed decisions on Bitwise’s Bitcoin (BTC) and Ethereum (ETH) ETFs as well as well as Canary Capital’s Hedera (HBAR) ETF, with the new deadlines set to June 10 and June 11, respectively. In both filings, the SEC cited the need for additional time to…

$198M Crypto Mirage? SEC Targets AI Trading Kingpin in Global Ponzi Uprising

A $198 million crypto fraud empire disguised as AI trading has been unraveled, exposing a luxury-fueled Ponzi scheme that spanned the globe. AI Autotrader or Smoke and Mirrors? The SEC Exposes What PGI Really Was The U.S. Securities and Exchange Commission (SEC) announced on April 22 that it has charged Ramil Palafox, founder of PGI […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ronin migrates its legacy bridge to Chainlink CCIP

Ronin, the blockchain for gaming, has migrated its Ronin Bridge to Chainlink’s cross-chain interoperability protocol. The Ronin Network (RON), whose web3 gaming platform was created by the Sky Mavis team behind Axie Infitnity (AXS) game, announced the completion of the migration to Chainlink’s (LINK) Cross-Chain Interoperability Protocol on April 25.  CCIP is now the Ronin Bridge’s canonical cross-chain infrastructure provider. The milestone comes a few months after a validator community vote in October 2024 saw the platform pick Chainlink over LayerZero and Axelar. As of the announcement, Chainlink is helping…

Federal Reserve Dismantles Crypto Barriers—Scraps Biden-Era Restrictions

The Federal Reserve removed outdated crypto banking restrictions, paving the way for innovation, broader access, and mainstream digital asset adoption. Crypto Banking Unleashed: Fed Joins Regulators in Crushing Old Guard Restrictions The Federal Reserve Board announced Thursday that it has withdrawn previous supervisory guidance related to banks’ crypto-asset and dollar token activities, a move intended […] Source CryptoX Portal

North Korean Cyber Operatives Set up Fake US Companies to Target Crypto Developers

North Korean cyber operatives reportedly established two fake U.S. businesses using false identities to bypass Treasury sanctions and target cryptocurrency developers with malware. Hackers Target Unsuspecting Job Applicants North Korean cyber operatives reportedly set up two fraudulent businesses in the United States, evading Treasury sanctions to infect cryptocurrency developers with malware. The entities, Blocknovas LLC […] Source CryptoX Portal

Swiss National Bank Rejects Calls to Add Bitcoin to Reserves

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. “For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlegel at the bank’s General Assembly meeting Friday. “Cryptocurrencies also are known for their high volatility, which is a risk for long term value preservation. In short, one can say that cryptocurrencies for the moment do not fulfill the high requirements for our currency reserves.” Schlegel’s comments were prompted…