Category: CryptoX News

XRP Investment Products Defy Broader Crypto Market Trends

Key Notes XRP investment products added $37.7 million in inflows, nearing Ethereum’s year-to-date total. US funds saw $71 million in outflows, while Switzerland led with $43.7 million in inflows. HashKey Capital launched Asia’s first XRP Tracker Fund amid rising institutional interest. Global crypto investment funds from top asset management firms had little gains last week, with a net inflow of $6 million. While this may seem modest, a notable shift came from XRP-based investment products. Reports show that XRP XRP$2.1024h volatility:1.0%Market cap:$122.53 BVol. 24h:$2.10 Binvestment products outperformed Bitcoin BTC$88 69224h…

Pavel Durov: ‘Telegram Has Never Disclosed a Single Byte of Private Messages’

Durov stated that, under the jurisdiction of the European Union Digital Services Act, Telegram would only provide IP addresses and phone numbers of suspected criminals. This affirmation came amid widespread criticism of France’s actions against encryption. Telegram Founder Pavel Durov Declares Telegram Never Delivered Message Data to Authorities Telegram, the cryptocurrency messaging protocol standard by […] Source CryptoX Portal

Ethereum Attempts Breakout FromDowntrend, Can It Hold $1,600?

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. Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles…

Court Date For Recovery Plan Set in May, With Payouts After 10 Days

Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…

10 reasons why traders are switching to Toobit in 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In a crowded crypto exchange market, Toobit is making waves with its security-first approach, global reach, and growing suite of trader-friendly tools. With companies flooding the crypto market with new products every few weeks, it’s difficult for the average consumer to pick the best product for them. This is even more relevant in the case of crypto exchanges. With centralized, decentralized, and hybrid options now available, customers can often…

Crypto Firms Eye Bank Charters Amid Regulatory Shift

U.S. digital asset firms are reportedly considering applying for bank charters and licenses, encouraged by the Trump administration’s more favorable stance towards the crypto industry. Trump Policies Spur Crypto Firms’ Banking Industry Interest Several U.S. digital asset firms are considering applying for bank charters and licenses, according to a Wall Street Journal report citing anonymous […] Source CryptoX Portal

WazirX confirms restart on track as it awaits sanction hearing in May

Indian crypto exchange WazirX, which was hacked for $234 million last July, says it is on track to restart its operations pending a May 13 court decision on its restructuring proposal and user compensation plan.  If Singapore’s High Court gives the nod, WazirX parent company Zettai PTE Ltd can restart the exchange and begin its compensation scheme for affected users within 10 business days, WazirX said in an April 21 update to X. WazirX lost $234 million of crypto from a Safe Multisig wallet mid-July 2024 in an attack since…

Mantra says CEO has begun the process of burning his 150M OM tokens

Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply.  Mantra announced on April 21 that the unstaking process had begun, and would be completed by April 29, at which point Mullin’s Mantra (OM) tokens will be sent to the burn address and permanently removed from circulating supply. Source: John Patrick Mullin Mullin said it was a “first step in rebuilding trust with…

U.S. Derivatives Watchdog Weighs 24/7 Action With Crypto Oversight on Horizon

Bitcoin is the crypto sector’s top asset and is also universally defined by U.S. regulators and courts as a commodity, putting it under the jurisdiction of the Commodity Futures Trading Commission. That agency is now seeking public comments on whether it should open the wider world of derivatives to around-the-clock trading, as already executed for bitcoin and other digital assets. Though the CFTC is expected to be established as a crypto market regulator in Congress’ ongoing effort to establish industry rules, the agency’s invitation for comments issued on Monday doesn’t…

Over 1,300 Economists Condemn Trump’s Tariffs as Economic Folly

A coalition of over 1,300 economists—including Nobel laureates and former policymakers—has publicly denounced the Trump administration’s 2025 tariff policies as reckless, harmful, and historically misguided. Trump’s Tariffs Face Elite Academic Rebuke In a sweeping condemnation of U.S. trade policy, more than 1,300 economists have signed the “Anti-Tariff Declaration,” a public statement opposing the Trump administration’s […] Source CryptoX Portal