Category: CryptoX News

Metaplanet, Japan’s Biggest Corporate Bitcoin Holder, Adds Eric Trump as Advisor

Tokyo-based Metaplanet is forming a strategic board of advisors with Eric Trump as one of the appointees, as the company continues to spur bitcoin (BTC) adoption, according to a press release on Friday. “We are honored to welcome Eric Trump as the first member of our Strategic Board of Advisors and look forward to welcoming him to our annual meeting,” said Simon Gerovich, Representative Director of Metaplanet Inc, in the release. “His business acumen, love of the Bitcoin community and global hospitality perspective…

Ark Invest’s Cathie Woods Warns About Meme Coin Mania

Wood called for possible meme coin investors to be aware of the dangers of supporting these assets, stating that most will not be worth much. Nonetheless, some will become digital collectibles, like TRUMP. Ark’s Investment Cathie Wood States Most Meme Coins Will Be Worthless Meme coins, one of the latest verticals in the cryptocurrency market, […] Source CryptoX Portal

Coinbase Eyes $4B Deal for Derivatives Leader Deribit Amid Industry Expansion

Coinbase Global Inc. is in advanced discussions to acquire Deribit, the world’s largest bitcoin and ethereum options trading platform, as the U.S. crypto exchange seeks to expand its derivatives offerings, according to a Bloomberg report citing people familiar with the matter. Coinbase in Advanced Talks to Acquire Crypto Derivatives Giant Deribit: Bloomberg Report According to […] Source CryptoX Portal

SEC ‘Earnest’ About Finding Workable Crypto Policy, Commissioners Say at Roundtable

WASHINGTON, D.C. — The staff at the U.S. Securities and Exchange Commission has embraced the chance to finally work with the crypto industry to hash out policy for overseeing digital assets transactions, said Commissioner Hester Peirce, the head of the agency’s crypto task force. The securities regulator is ready “to seek earnestly to find a workable framework,” Peirce said at the agency’s first crypto-focused roundtable on Friday. “I think we’re ready for the spring ahead,” she said, referring to the title of the day’s event, the “Spring Sprint Toward Crypto…

Holy Wager: Bettors Back 3% Odds for Jesus’ 2025 Return on Polymarket

A wager on the blockchain prediction market Polymarket is hedging its bets on divinity, offering 3% odds that Jesus Christ will return in 2025. Betting on the Messiah—Polymarket’s Unusual 2025 Bet The bet, hosted on blockchain-powered platform prediction marketplace Polymarket, has drawn $44,760 in trading volume, with speculators wagering on whether biblical prophecies will culminate […] Source CryptoX Portal

Japanese real estate firm Open House accepts XRP, SOL, and DOGE

The Open House Group, a leading real estate company listed on the Tokyo Stock Exchange, has announced that it now accepts XRP, Solana, and Dogecoin for payments. Open House, which added cryptocurrency payments to its accepted payment options in January this year, said it is expanding the offering to include three more crypto tokens. As well as XRP (XRP), Open House customers can now use Solana (SOL) and Dogecoin (DOGE) to handle real estate payments with the firm. With crypto adoption on the rise across the world amid regulatory clarity,…

Binance’s BNB Chain Completes Pascal Hard Fork, BNB Price ATH Soon?

Key Notes The Pascal hardfork of BNB Chain brings features like gas fee optimization, batch transactions, and enhanced smart payment interfaces. Upcoming upgrades, Lorentz in April and Maxwell in June, will reduce block times to 1.5 seconds and 0.75 seconds, respectively. BNB Chain has seen a surge in decentralized exchange (DEX) activity, with meme coins significantly boosting trading volume . BNB Chain has successfully implemented the Pascal hardfork while introducing significant improvements to its ecosystem. This upgrade brings along the EIP-7702 smart contract wallet with features such as optimized gas fee…

Michael Saylor’s MSTR Set for More BTC Purchases After Strife Stock Sale

Strategy (MSTR) will likely soon be in the market for additional sizable bitcoin purchases after pricing an upsized sale of its latest preferred stock issue. The company sold 8.5M shares of its 10% Series A Perpetual Strife Preferred Stock at price of $85 each, raising roughly $711.2M. Strategy initially had hoped to raise $500M. The latest series of preferred stock differs from the original STRK in that it comes with a higher coupon (10% versus 8%) and has no common share conversion provision. The company at last check owned more…

Binance Impersonation Scam Targets Australian Crypto Investors

Australian law enforcement, in partnership with Binance, has issued a warning about scammers impersonating Binance and targeting crypto investors. Fake Verification Codes Australian law enforcement has warned crypto investors to be cautious of scammers impersonating Binance. In a statement jointly issued with the National Anti-Scam Centre (NASC) and Binance Australia, the Australian Federal Police (AFP) […] Source CryptoX Portal

Pakistan to Legalize Crypto, Aims to Attract Global Investment

Pakistan is set to legalize cryptocurrency and implement a regulatory framework to attract foreign investment, according to Bilal bin Saqib, the country’s newly appointed crypto advisor. With millions of Pakistanis already engaged in crypto, the government seeks to establish clear guidelines to support growth and innovation. Pakistan Moves to Regulate Cryptocurrency for Foreign Investment Pakistan […] Source CryptoX Portal