Category: CryptoX News

How to Create an Ethereum Wallet: A Step-by-Step Guide

Discover how to create an Ethereum wallet for safe storage of Ether (ETH) and ERC-20 tokens. Learn to send and receive crypto, and connect with dapps hassle-free. In crypto, Ethereum has become a prominent hub for decentralized applications (dapps) and smart contracts. The latest figures from DappRadar indicate that there are more than 4,500 dapps built on Ethereum and over 176,000 smart contracts deployed on the network.  ETH is the second largest cryptocurrency by market cap and is consistently among the top five most traded tokens every day. As such,…

Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle

Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some of the cryptocurrencies offered on its platform are securities. Crypto Drives Robinhood’s Profitable Q1 Retail trading platform Robinhood Markets […] Source CryptoX Portal

Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements

Several major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized assets like commercial bank money and various securities. The initiative, known as the Regulated Settlement Network, is a proof-of-concept designed to expedite and secure cross-border transactions using a singular system for tokenized assets. This trial is an extension […] Source CryptoX Portal

Top analyst eyes new crypto, hinting a possible end to Binance Coin and Dogecoin reign

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Binance token and Dogecoin dominance could come to an end amid recent price uncertainty. Investors are looking for promising alternatives such as Rollblock Trending crypto coins like Binance (BNB) and Dogecoin (DOGE) have enjoyed their reigns in their respective niches, with both still maintaining a solid position among the top 10 ranked crypto coins by market cap. However, following a month-long of uncertainty, both cryptocurrencies have struggled to keep…

Bitcoin Traders Closing More Positions As Prices Range Above $60,000

Bitcoin has been trending lower after failing to break above $66,000 in early May, deflating hopes of immediate price gains post-Halving. Taking to X, one analyst shared on-chain data that paints a more nuanced picture than a simple loss of confidence in recent weeks.  Bitcoin Open Interest Remains Low: Bullish? The analyst, pointing to CryptoQuant data, observes that leveraged traders on perpetual trading platforms like Binance appear to be closing their positions more than opening new ones. The analyst notes that the reading is at -20% at the monthly change in Open…

Pepe Coin surges 20% this week, sparking interest as a leading memecoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepe coin rises 20%, gaining traction as analysts predict further gains, while Dogeverse raises $13 million in its presale, highlighting its potential. The memecoin showdown intensifies, and Pepe is vying for frontrunner status as it pumps 20% this week. Will its rally continue, and is it the best memecoin to buy now? Pepe price shows relative strength, analysts forecast gains  Pepe’s recent run shows no signs of slowing down,…

Trump Attacks Biden’s Crypto Awareness, Says ‘Biden Doesn’t Even Know What It Is’ at NFT Gala

Former U.S. President Donald Trump convened with enthusiasts of his non-fungible tokens (NFT) collection on Wednesday and announced to the audience his decision to accept cryptocurrency for campaign contributions. Trump also shared with the group that President Joe Biden “doesn’t even know” what crypto is. Trump Champions Cryptocurrency at NFT Collection Gala At former U.S. […] Source CryptoX Portal