Category: CryptoX News

Binance Flags Dangerous Mantra’s OM Volatility With Leverage Cut Months Before Crash

OM token’s sudden crash unleashed widespread cross-exchange liquidations, prompting a swift Binance response as traders faced halted profits and escalating concerns over tokenomics integrity. OM Token Plunge Triggers Binance Alert With Cross-Exchange Liquidation Fallout Crypto exchange Binance responded to the sharp price drop in OM, the native token of Mantra, in a series of posts […] Source BitcoincryptoexchangeExchanges CryptoX Portal

NVIDIA Fires up First US Factories to Fully Build AI Supercomputers

NVIDIA is igniting a massive U.S. manufacturing surge, launching AI supercomputer production entirely stateside in a game-changing move set to redefine global tech dominance. NVIDIA Fires Up Historic US Factory Buildout to Make AI Supercomputers Start to Finish NVIDIA (Nasdaq: NVDA) announced on Monday that it will begin manufacturing its AI supercomputers entirely in the […] Source CryptoX Portal

MEXC Celebrates 7 Years of Innovation as Title Sponsor at Dubai’s Premier Crypto Event TOKEN2049

VICTORIA, Seychelles, April 14, 2025 /PRNewswire/ — MEXC, a global leader in cryptocurrency exchange services, will proudly participate as one of the seven exclusive Title Sponsors at TOKEN2049 Dubai, taking place from April 29 to May 1, 2025, at the prestigious Madinat Jumeirah. This premier industry event coincides with MEXC’s milestone 7th Anniversary, providing an ideal platform to showcase the exchange’s continued commitment to innovation and user-centric solutions. Leading the Way in Crypto Accessibility As TOKEN2049 Dubai prepares to welcome 15,000 attendees from over 4,000 companies worldwide, MEXC will demonstrate why…

Bitcoin (BTC) Mining Profitability Fell 7.4% in March

Bitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday. The drop was due to a 11.2% decline in the average bitcoin price and a 9.1% drop in transaction fees, the report said. U.S.-listed miners mined 3,534 bitcoin in March versus 3,002 in February, Jefferies said, and these companies accounted for 24.8% of the total network last month, compared to 23.6% the month previous. MARA Holdings (MARA) produced the most bitcoin in March, with 829 tokens, the report said, followed by CleanSpark (CLSK)…

JPMorgan Adds GBP Support to Blockchain Payments Service Kinexys

JPMorgan (JPM) has added support for British pound-denominated accounts to its blockchain-based payments network Kinexys, as the bank targets a gap left by the stablecoin market’s overwhelming focus on the U.S. dollar. Launched in 2019 under the name JPM Coin, Kinexys allows corporate clients to move funds between JPMorgan accounts and settle foreign exchange trades at any hour. The addition of the pound comes less than a year after the service expanded to handle euro transactions. Naveen Mallela, global co-head of the Onyx platform running the network,said 80% of Kinexys…

Strategy Adds More BTC to Its Balance Sheet

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) added another 3,459 BTC to its holdings last week, bringing its total bitcoin stash to 531,644 BTC. According to a regulatory filing on Monday morning, the company purchased the additional bitcoin for $285.8 million, at an average price of $82,618 per BTC. In total, Strategy now holds 531,644 BTC, acquired for a cumulative $35.92 billion, at an average cost of $67,556 per bitcoin. The latest acquisition was funded through the sale of TKTK shares of common…

Ethereum Drives Highest Daily Liquidations on Aave V3 Since February Amid Market Volatility

This past week, Aave V3 on the Ethereum mainnet experienced its highest daily liquidations since early February, coinciding with significant market volatility. According to Galaxy Research, approximately $98.6 million in collateral was liquidated between April 6 and 7, following a similar trend earlier in the year when around $211.2 million was liquidated during the initial […] Source CryptoX Portal

Is it possible to make $1m with crypto?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With smart strategies and a platform like XY Miners, turning crypto mining into a $1 million opportunity could become a real possibility for everyday investors. The cryptocurrency market has created countless millionaires, and with the right tools and strategies, more participants can join their ranks. One emerging opportunity is XY Miners, a platform that allows users to mine and earn cryptocurrency efficiently. What is XY Miners? XY Miners is…

Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets

Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction, and transaction confidentiality as the main advantages of this system compared to alternatives like SWIFT. Experts Warn Upcoming BRICS Payment System Might Dent Dollar’s Trade […] Source CryptoX Portal

Latam Insights: Argentine Congress Takes Aim at Libra, Crypto Now Seizable in Brazil

Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the Argentine lower chamber will investigate Libra’s launch, cryptocurrency can now be legally seized in Brazil, and the Brazilian CBDC pilot, drex, has hit a roadblock. Argentine Congress to Formally […] Source CryptoX Portal