Category: CryptoX News

Bitcoin trader issues ‘overbought’ warning as BTC price eyes $84K

Bitcoin (BTC) ticked higher at the March 31 Wall Street open as traders stayed risk-averse on the short-term BTC price outlook. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin RSI teases bearish continuation Data from Cointelegraph Markets Pro and TradingView showed local highs of $83,914 on Bitstamp, with BTC/USD up 1.5% on the day. With hours to go until the quarterly candle close, Bitcoin saw some much-needed relief, even as US stocks opened lower. Market momentum remained tied to upcoming US trade tariffs set to go live on April 2, with gold…

Trump family joins forces with Hut 8 to launch Bitcoin mining venture

The Trump family is entering the Bitcoin (BTC) mining business with a new company called American Bitcoin. According to the press release dated March 31, Eric Trump and Donald Trump Jr. have teamed up with publicly trading crypto infrastructure firm Hut 8 to launch a Bitcoin mining company American Bitcoin. Eric and Donald Trump Jr. will own 20% of the company, while Hut 8 will own the remaining 80%. Initially, the company will focus on mining operations. Moving forward, Trump mentioned plans to build a strategic Bitcoin reserve and potentially…

It’s Back to BTC for Darknet Markets After Monero’s Binance Delisting: Chainalysis

Darknet markets are increasingly returning to bitcoin (BTC) as their primary cryptocurrency because of rising liquidity and accessibility challenges associated with privacy-focused coins like monero (XMR), according to Eric Jardine, cybercrime research lead at Chainalysis. “After major exchanges delisted XMR, we observed a significant increase in bitcoin inflows,” Jardine said in an interview with CryptoX. “Reduced accessibility is steering users back toward bitcoin.” Many Western markets on the darknet — a part of the internet hosted within an encrypted network and accessible only through specialized anonymity-providing tools — had either…

Ethereum Price Declines 55 Percent While Lightchain AI Presale Gains Momentum

This content is provided by a sponsor. PRESS RELEASE. Over the last month, Ethereum has faced a significant 55% price decline, leaving investors pondering its future trajectory in a volatile crypto market. Simultaneously, a new player has been gaining attention—Lightchain AI. Positioned at the intersection of blockchain and artificial intelligence, Lightchain AI’s presale has ignited […] Source CryptoX Portal

Make Way for Macro and Geopolitics

From Saylor’s $10M BTC buy (a rounding error), to Ripple’s lawsuit win, to Solana’s cringey ad, last week’s crypto headlines were dwarfed by the real forces driving markets: inflation, war, and a global liquidity pivot. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get […] Source CryptoX Portal

Bitcoin Nears $81K; XRP, ADA Slide as Traders Brace For Tariff War Ahead

Bitcoin traders just over $81,500 in Asian morning hours Monday as a weekend slide saw major tokens lose momentum on last week’s brief rally. XRP and Cardano’s ADA led losses among majors with a 5% drop in the past 24 hours, with Solana’s SOL, dogecoin (DOGE) and ether (ETH) down between 2-3%. Stock markets opened lower Monday, their fourth consecutive day of decline, as investors around the globe brace for President Donald Trump’s upcoming announcement of new tariffs, set to be revealed on…

Terraform Labs Sets March 31 Launch for Crypto Loss Claims Portal

Terraform Labs will launch a Crypto Loss Claims Portal on March 31, 2025, enabling investors impacted by the 2022 collapse of terrausd (UST) and associated cryptocurrencies to seek compensation. Kroll to Manage Terraform’s Crypto Loss Claims Process According to Terraform Labs, the portal, managed by Kroll Restructuring Administration LLC, marks a critical step in the […] Source CryptoX Portal

SEC Commissioner Calls for 7 Crypto Reforms That Corner Congress With Urgency

SEC commissioner laid out a bold seven-point plan urging Congress to slash red tape, empower existing agencies, and protect peer-to-peer crypto from regulatory overreach. SEC Commissioner Pressures Congress With 7-Point Crypto Framework for Fast Reform U.S. Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce called on Congress to streamline cryptocurrency oversight and reduce regulatory […] Source CryptoX Portal