Category: CryptoX News

Analyst Identifies Key Bitcoin Demand Zone For ‘Substantial Gains’ – Details

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. In a CryptoQuant Quicktake post published today, contributor BorisVest highlighted a key demand zone for Bitcoin (BTC) that could offer investors an opportunity for ‘substantial gains.’ The analyst used the Active Realized…

Kazakhstan, UAE Seek to Boost Digital Asset Cooperation

Kazakhstan’s financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC Development A delegation from Kazakhstan’s financial sector recently visited the United Arab Emirates (UAE) to strengthen collaboration in digital assets and blockchain technology. Held from March 26 to 27, the […] Source CryptoX Portal

BTC Nears Death Cross, CNY Tumbles with Asian Markets After Trump Tariffs Put Focus on China’s Response

It’s a risk-off day in Asia as traders look to Beijing’s response to U.S. President Donald Trump’s sweeping reciprocal tariffs on China and other Asian nations. On Wednesday, Trump announced reciprocal tariffs on imports from 180 nations, including higher taxes on trading partners identified as worst offenders, such as China and the European Union. Trump imposed a new 34% tariff on goods from China in addition to the existing 20% tax, bringing the total levy to 54%, the highest for any nation. Meanwhile, the latest action did not affect Canada…

Crypto Fear and Greed Index drops to 25 amid Trump tariffs

The Crypto Fear and Greed Index has plunged to 25, dropping 19 points from the previous day and pushing the market into “Extreme Fear” territory.  This steep drop follows U.S. President Donald Trump’s Apr. 2 announcement of aggressive new “Liberation Day ” tariffs, which unsettled both traditional and cryptocurrency markets. Trump’s policy sets a 10% baseline tariff on imports, with much higher rates for specific countries.  China is now subject to a 54% tariff, which combines a new 34% rate with an existing 20% duty. A 20% rate will be imposed on…

Is Dogecoin hype dead? Elon Musk says federal government has no plans for DOGE

Dogecoin slipped nearly 10% in the past week as crypto traders digest Elon Musk’s statement. The Tesla boss made it clear that the US has no plans for DOGE. The sentiment among Dogecoin traders is 69, on a scale of 0 to 100. DOGE price could recover in the short-term, even as the hype around the meme coin dies down.  Dogecoin not in US plans, Musk disappoints traders Dogecoin (DOGE) traders were shocked by Elon Musk’s announcement that the United States (US) government had no plans for DOGE. When the…

Bitcoin (BTC) Adoption Could Grow Further if China Follows U.S. Crypto Embrace

The Trump administration’s formation of a U.S. Strategic Bitcoin Reserve might have China re-thinking its hardline stance against crypto and that could be key for accelerated global adoption of BTC, asset manager Grayscale said in a research report Monday. “The most important country to watch in this regard is China,” said Grayscale, adding that if the country eases its crypto restrictions “it could significantly boost global adoption.” President Trump last month directed his administration to form a Strategic Bitcoin Reserve to — at a minimum — hold the assets that…

Trump’s Tariffs Target Global ‘Cheating’ as BTC Dips and Stocks Slide After Hours

President Donald Trump announced sweeping reciprocal tariffs on global imports and declared April 2, 2025, “Liberation Day” for American industry, as U.S. stock markets climbed and bitcoin briefly surged during his address. Trump Targets China, EU With New Tariffs President Donald Trump marked April 2, 2025, as “Liberation Day” for American industry, signing an executive […] Source CryptoX Portal

Ripple’s RLUSD Stablecoin Nears $250M Market Cap Amid Payments Expansion

Ripple has integrated its USD-backed stablecoin, RLUSD, into its Ripple Payments platform to streamline cross-border transactions for enterprise clients, with the asset nearing $250 million in market capitalization since its December 2024 launch. Ripple Adds Enterprise Stablecoin RLUSD to Cross-Border Payment System Ripple Payments, a platform that claims to process billions in transaction volume, now […] Source CryptoX Portal

Crypto braces for Trump’s tariff announcment: what to expect

Markets are preparing for volatility ahead of President Donald Trump’s tariff announcement, with Bitfinex analysts warning that the final details could trigger either a relief rally or a deeper correction across crypto and equity markets. U.S. President Donald Trump is set to reveal his “Liberation Day” tariff plan at 4 p.m. ET, potentially altering decades worth of trade relations with partners like China, Mexico, and Canada. The specifics of the levies remain unconfirmed, but proposed measures include delayed 25% tariffs and new duties on commodities such as lumber, copper, and…

Japanese Banking Giant SMBC Eyes Stablecoin Launch with Ava Labs

Key Notes Japan has been a leader in stablecoin regulations, classifying them as “Electronic Payment Instruments” in 2022. SMBC has been exploring Web3 innovations since 2022 when it launched Token Business Lab in partnership with HashPort. Stablecoin adoption has been growing worldwide, with global leaders like Donald Trump acknowledging their importance in global finance. Japan’s second-largest banking institution – Sumitomo Mitsui Financial Group (SMBC) – is working on a stablecoin launch in collaboration with Ava Labs and Fireblocks. This happens as big banking players have started understanding the importance of…