Category: CryptoX News

U.S. Drives Crypto Weakness as Fed Divided on Rate Cut

Overnight crypto gains once again evaporated by U.S. morning hours as bitcoin BTC$101,792.80 tumbled back below $102,000 on Wednesday. Briefly topping $105,000 earlier today, the largest crypto nosedived 3% in just a couple hours as U.S. traditional markets opened. It wasn’t just bitcoin; ether ETH$3,431.45 fell almost 5% below $3,400 during the same period, while Solana SOL$154.03, XRP$2.3514 and other altcoin majors suffered similar declines. Crypto-related U.S. stocks are also taking a beating in the early session. USDC stablecoin issuer Circle (CRCL) dropped 9.5% after its third quarter earnings, while…

U.S. SEC Chief Atkins Says Clarity Coming on Crypto Tied to Investment Contracts

The U.S. Securities and Exchange Commission is working toward a package of exemptions focused on offering crypto assets that are tied to investment contracts, said Chairman Paul Atkins. “I have asked the staff to prepare recommendations for the commission’s consideration that facilitate capital formation and accommodate innovation while, at the same time, ensuring investors are protected,” Atkins said in remarks prepared for delivery Wednesday at a Federal Reserve Bank of Philadelphia event. “By streamlining this process, innovators in the blockchain space can focus their energies on development and user engagement…

Bitcoin Cash (BCH) Gained 4.1%, Leading Index Higher

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 3414.21, up 2.3% (+76.18) since 4 p.m. ET on Tuesday. Nineteen of 20 assets are trading higher. Leaders: BCH (+4.1%) and LINK (+4.0%). Laggards: UNI (-2.5%) and DOT (+0.1%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Original Source CryptoX Portal

BetPlays Redefines Crypto-Friendly Online Gaming for a Global Audience

This content is provided by a sponsor. BetPlays brings the world’s online gaming community together with crypto innovation, 4,000+ casino games, fast payments, and trusted play on one secure platform. Where the World Plays – Securely, Seamlessly, and with Crypto Confidence In the fast-growing global gaming market, BetPlays has emerged as a trusted name that […] Source CryptoX Portal

Coinbase Business Launches in Singapore as First International Market

Coinbase Business debuts in Singapore, offering USDC stablecoin payments, global payouts, and rewards for local businesses. Coinbase Business launches in Singapore on Nov. 12, 2025 as the platform’s first international market, providing startups and small to medium-sized businesses with instant USDC payments, global payouts, payment links, integrated asset management, and accounting reconciliation; the service is […] Source CryptoX Portal

Arthur Hayes Wants Zcash Holders to Pull Their Coins From CEXs

The privacy coin sector has returned to the spotlight after BitMEX co-founder Arthur Hayes urged Zcash holders to withdraw their assets from centralized exchanges (CEXs).  On Wednesday, Hayes told holders to “shield” their assets, a feature that enables private transactions within the Zcash network. “If you hold $ZEC on a CEX, withdraw it to a self-custodial wallet and shield it,” Hayes wrote on X. The comments came as Zcash (ZEC) saw sharp price swings in the last few days. The token rallied to $723 on Saturday before dropping to $504…

Coinbase Business Makes Global Debut In Singapore

Coinbase Business, a new business platform from major US crypto exchange Coinbase, has launched in Singapore, marking the company’s first international expansion. After introducing Coinbase Business in June, Coinbase has rolled out the platform in Singapore as its first international market outside of the US, the company announced on Wednesday. Targeting startups and small businesses, Coinbase Business provides an “all-in-one crypto operating platform” that allows users to send and receive payments in Coinbase-backed stablecoin USDC (USDC), manage crypto assets and automate financial workflows. “By leveraging the speed and stability of…

Bank of England Proposes £20,000 Limit in Landmark Stablecoin Framework

The Bank of England proposed rigorous rules for sterling stablecoins, including allowing up to 60% of reserves in short-term UK debt and setting £20,000 limits per individual, aiming to protect consumers while securely expanding digital money adoption. Bank of England Proposes Sweeping Rules to Regulate Sterling Stablecoins The Bank of England moved to strengthen oversight […] Source CryptoX Portal

Bitdeer stock plummets again as Tether trims major stake

Bitdeer Technology Group’s week got worse. After the Bitcoin mining company announced a $266 million net loss, its cornerstone investor, Tether, decided to downsize its stake. Summary Bitdeer stock fell sharply Tuesday after Tether trimmed its stake by 7.7 million shares. The sell-off coincided with Bitdeer’s Q3 net loss of $266.7 million, a 422% jump from last year. Tether’s holdings dropped from 38 million to 30.36 million shares, representing an 18% stake. According to a recent filing, Tether has unloaded approximately 7.7 million shares since September, grossing around $166 million…