Category: CryptoX News

STRF or STRK? Comparing MSTR’s Sales of Preferred Stock

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), the U.S. company that’s made buying bitcoin (BTC) a key corporate policy, recently expanded its financial toolkit with the introduction of a second Series A perpetual preferred stock, adding to its growing line of capital market instruments. The company is selling 8.5 million shares of the new offering, called Strife (STRF), at $85 each, giving it a net $711.2 million for bitcoin purchases. That’s up from an initial target of $500 million. The sale ends later…

White House Crypto Czar Meets UAE Leader to Discuss Crypto and Investment Opportunities

White House crypto czar David Sacks met UAE leadership to discuss digital currency’s disruptive impact, signaling potential global policy shifts and deepening strategic financial alliances. White House Crypto Czar Meets UAE Official in a Move That Could Trigger Policy Chain Reactions White House crypto czar David Sacks met with Sheikh Tahnoon Bin Zayed Al Nahyan […] Source CryptoX Portal

Dogecoin Surges 7% as Bitcoin, XRP See Brief Rally

Dogecoin (DOGE) jumped 7% as majors staged a relief rally on Tuesday driven by talks of the upcoming U.S. tariffs, due on April 2, being more measured than initially expected. As per reports, President Donald Trump’s planned “reciprocal tariffs” set for April 2 may be more targeted than previously threatened, with some countries exempt and existing metal levies possibly not stacking. The tariffs unsettled markets in February, shocking stocks and cryptocurrencies alike with bitcoin (BTC) dropping 17.6% to below $80,000 from its January peak. Last week, the Federal Reserve raised…

Cassava Technologies and Nvidia Join Forces to Establish Africa’s ‘First’ AI Factory

Cassava Technologies, founded by Zimbabwean telecom tycoon Strive Masiyiwa, is collaborating with Nvidia to establish Africa’s first AI factory. Nvidia’s advanced computing and AI software will be deployed at Cassava’s South African data centers by June 2025, with plans to expand to Egypt, Kenya, Morocco, and Nigeria. This initiative aims to equip African businesses and […] Source CryptoX Portal

Ethereum Price Back Above $2,000—Breakout or Just a Temporary Bounce?

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. Ethereum price started a recovery wave above the $2,000 zone. ETH is now consolidating and facing hurdles near the $2,100 resistance. Ethereum started a recovery wave above the $2,000 level. The price…

Lightchain AI’s crypto presale breaks $17.9m, ready to propel the bull run with XRP and ADA

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI’s crypto presale surpasses $17.9 million, positioning it alongside XRP and Cardano as a key contender in the upcoming bull run. Lightchain AI’s crypto presale has raised over $17.9 million at a presale price of $0.007, signaling strong investor demand as the project gains momentum. Positioned at the intersection of AI and blockchain, it stands out as a major player in the evolving market. With XRP maintaining steady…

Strategy (Formerly MicroStrategy) Buys Another 6,911 BTC: Bitcoin to Breach $90K?

Key Notes Bitcoin soared past $87,000 after Strategy bought 6,911 BTC for $584.1 million. The firm now holds a total of 506,137 BTC, acquired for approximately $33.7 billion. After weeks of underperformance, MSTR stock also reclaimed the $300 level. Market leading digital asset Bitcoin BTC$87 45924h volatility:2.4%Market cap:$1.73 TVol. 24h:$33.92 Bsoared past the $87,000 mark, continuing its strong bullish momentum. One of the most notable developments in Bitcoin’s recent rally is the aggressive accumulation by Strategy (formerly MicroStrategy). The software company recently announced the acquisition of 6,911 BTC for $584.1…

World Liberty Financial-Labeled Tokens Spark Speculation of Trump-Backed Project’s Stablecoin Launch

Crypto observers were speculating on Monday that World Liberty Financial (WLFI), the decentralized finance (DeFi) platform backed by U.S. President Donald Trump and his family, might be testing its long-awaited dollar stablecoin before rolling out for the broader public. Blockchain sleuths earlier today noted a flurry of activity with a token labeled as World Liberty Financial USD (USD1) on blockchain monitoring websites Etherscan and BscScan. Blockchain data shows that USD1 was deployed earlier this month on the Ethereum and BNB Chain networks and series of transactions with the token occurring…

Crypto exchange Kraken exploring $1B raise ahead of IPO: Report

Cryptocurrency exchange Kraken is considering a major capital raise ahead of a potential initial public offering (IPO) early next year, Bloomberg reported on March 24.  Citing anonymous sources, Bloomberg said Kraken is exploring a debt package worth anywhere between $200 million and $1 billion. The exchange is reportedly in preliminary talks with Goldman Sachs and JPMorgan Chase about facilitating the transaction. The funds would be used to support Kraken’s growth and not for operational expenses, Bloomberg cited the source as saying.  Bloomberg has been reporting about Kraken’s IPO ambitions for…