Global Banking Authorities Extend Crypto Regulatory Framework Deadline

The Group of Central Bank Governors and Heads of Supervision (GHOS) has reviewed the implementation of Basel III reforms and postponed the crypto asset standard implementation date to January 1, 2026. Basel III, finalized in 2017, continues to see widespread adoption, with two-thirds of member jurisdictions expected to implement the reforms fully or partially by […] Source CryptoX Portal

Gamestop, AMC Shares Plunge as ‘Roaring Kitty’ Keeps Posting Video Clips and Memes

On Wednesday, while equity markets experienced a rise following the release of the consumer price index (CPI) report, Gamestop’s stock GME tumbled 34%, and AMC’s shares fell more than 25%. Concurrently, the well-known ‘Roaring Kitty’ continued to share video clips of classic films, albeit with slight modifications. Meme Stock Slide: Gamestop, AMC Take Hits On […] Source CryptoX Portal

Legal experts weigh-in on case against Roger Ver

Stanislav Andreyev, a senior lawyer with SBSB Fintech Lawyers, and Bing Wang, a legal advisor at basedVC, spoke to crypto.news about how Roger Ver’s case might shape the regulatory landscape for cryptocurrencies. Roger Ver, an early investor in Bitcoin and often hailed as so-called “Bitcoin Jesus,” was recently charged with mail fraud, tax evasion, and filing false tax returns by the US Department of Justice. His arrest in Spain has sent shockwaves through the cryptocurrency community and has raised questions about the future of regulatory measures for digital currencies, particularly…

XRP To Nearly $600? Analyst Makes Bold Claim

A fresh prediction has ignited discussion in the XRP community. Analyst Cryptobilbuwoo is charting an ambitious course for the cryptocurrency, with a potential price target that has some investors excited and others skeptical. Related Reading Echoes Of 2017: Fibonacci Paints A Bullish Picture Cryptobilbuwoo’s forecast draws inspiration from historical patterns, particularly the XRP rally of 2017. By leveraging Fibonacci retracement levels, a common technical analysis tool, they see a potentially similar scenario unfolding for the altcoin. Imagine a roadmap to the summit. Fibonacci levels act as checkpoints, highlighting potential resistance…

Deutsche Bank Explores Blockchain-Based Asset Tokenization

Deutsche Bank has announced its collaboration with the Monetary Authority of Singapore’s Project Guardian, a multi-year initiative aimed at exploring the potential of asset tokenization in regulated financial markets. The banking giant will test an open architecture and interoperable blockchain platform for servicing tokenized and digital funds. This move signifies Deutsche Bank’s commitment to leading […] Source CryptoX Portal

Leading Trader Criticizes Worldcoin’s ‘Predatory’ Tokenomics, Labels WLD a Fake $60B AI Coin

The Worldcoin project’s predatory tokenomics will not result in the “greatest transfer of wealth” to the masses but a transfer to the “pockets of the Worldcoin team and insiders,” a top-ranked trader has asserted. The top trader also accused project promoters of using Open AI co-founder Sam Altman’s past endorsement of Worldcoin to prop up […] Source CryptoX Portal

what lies ahead for Ethereum and other cryptos?

What factors are driving the bearish trend in altcoins, and when can we expect a turnaround? In the past month, the crypto market, especially altcoins, has faced a prolonged downturn, with many seeing striking losses.  Ethereum (ETH), the second-largest crypto by market cap, lost almost 10% of its value in the last 30 days, trading at around $2,960 as of May 13.  However, Ordinals (ORDI) has been hit the hardest, dropping by 40% and now trading at just $36.80. This market downturn aligns with global economic trends, such as the…

Moonpay Donates $1 Million to Stand With Crypto

Moonpay, one of the largest cryptocurrency onramp and offramp providers, has donated $1 million to Stand With Crypto, a nonprofit that seeks to rally American voters around the cryptocurrency cause. Moonpay CEO Ivan Soto-Wright stated that the donation made would contribute to creating an innovation-fostering crypto framework by helping choose crypto-friendly officials. Moonpay Contributes $1 […] Source CryptoX Portal