Category: CryptoX News

Ethereum Price Breaks Out With 15% Rally — $1,800 Resistance Under Pressure

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 price started a fresh surge above the $1,650 resistance. ETH is now showing positive signs and might attempt to clear the $1,800 resistance. Ethereum started a fresh rally above the $1,650…

72 Crypto ETF Filings Await SEC Approval Amid Historic Regulatory Shift

A record-breaking 72 crypto ETFs are awaiting SEC approval, signaling a seismic shift in U.S. digital asset policy as regulatory momentum turns bullish. Explosive Growth in Crypto ETF Filings Hits 72 as SEC Faces a Regulatory Crossroads Bloomberg senior ETF analyst Eric Balchunas highlighted the increasing number of cryptocurrency-related exchange-traded fund (ETF) filings pending before […] Source CryptoX Portal

SEC’s Explosive Crypto Overhaul in Motion as Uyeda Ends Acting Chair Role

Uyeda’s bold leadership unleashes a crypto renaissance with dropped lawsuits, reversed rules, and unprecedented SEC engagement—as Atkins steps in, momentum shows no signs of slowing. SEC Transitions From Enforcement to Engagement as Uyeda Reflects on Crypto Regulation Wins The U.S. Securities and Exchange Commission (SEC) published a statement from Commissioner Mark Uyeda on April 21 […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Circle Launches ‘Circle Payments Network’

The new network will use stablecoins such as USDC and EURC to help financial institutions facilitate global money movement and settlement. USDC Issuer Circle Debuts Payments Network Stablecoin firm Circle, issuer of USDC which currently has a market capitalization of roughly $61 billion, has launched “Circle Payments Network (CPN),” a collaborative group of financial institutions […] Source CryptoX Portal

Stocks surge on hopes of U.S.-China trade de-escalation

U.S. stocks surged Tuesday, recouping steep losses from the previous session, as investors bet on easing trade tensions between the U.S. and China.  The Dow Jones Industrial Average rose 1,009 points, or 2.7%, while the S&P 500 gained 2.4% and the Nasdaq Composite climbed 2.5%. Markets spiked after Treasury Secretary Scott Bessent told a group of investors that the current U.S.-China trade standoff is “unsustainable” and signaled that a “de-escalation” is likely. “No one thinks the current status quo is sustainable,” Bessent said during a JPMorgan-hosted meeting, according to sources…

Unicoin CEO Rejects SEC’s Attempt to Settle Enforcement Probe

Unicoin has rebuffed the U.S. Securities and Exchange Commission’s (SEC) attempt to negotiate a settlement agreement to close an ongoing probe into the Miami-based crypto company, its CEO Alex Konanykhin revealed in a Tuesday letter to investors. In his letter, Konanykhin said Unicoin was given an “ultimatum” by the SEC to attend a settlement negotiation meeting last week, on April 18. “We declined to show up,” Konanykhin told CoinDesk, adding that the SEC had made demands ahead of the meeting that he found “unacceptable.” He declined to share specifics, telling…

Institutional demand could push BTC past $200k in 2025 — Analysts

Demand from financial institutions could push the price of Bitcoin (BTC) as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph.  Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to more than double this year. “While the forecast is optimistic, it’s also conditional. Any black swan — from a major regulatory clampdown to a geopolitical event — can disrupt trajectories,” Fei Chen, Intellectia AI’s chief…

How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls

Some members of the bitcoin (BTC) mining industry are in the habit of routinely undervaluing mining rig shipments with the U.S. Customs and Border Protection (CBP) in order to reduce customs duties, multiple people familiar with the practice told CryptoX. Now that the Donald Trump administration is raising tariffs on most goods brought from around the world, these attempts at avoiding paying import charges are becoming more relevant than ever before. “[Industry members] usually have ways around [tariffs] by declaring lower value on packages,” Jill Ford, the founder of BitFord…

Metaplanet CEO Defends Company’s Bitcoin Treasury Approach Despite Concerns over Share Price

Key Notes Metaplanet now holds Asia’s largest BTC treasury, aiming for 10,000 BTC by the end of 2025. BTC per share up 119.3% YTD, beating the 35% quarterly target. CEO Gerovich defends strategy amid 2.3% share price dip, citing long-term value goals. Simon Gerovich, the CEO of Metaplanet, took to X to address the concerns of some shareholders regarding the investment firm’s share price. Metaplanet’s share price dropped 2.3% in the past day and 4.2% over the past week. According to a translation of Gerovich’s tweet, the aim of the…