Category: CryptoX News

SBR and stockpile “not enough” to make U.S. crypto capital of the world

Jake Chervinsky, a lawyer and chief legal officer at digital asset manager Variant, says the United States can do more than a strategic Bitcoin reserve or crypto stockpile if it truly wants to be the crypto capital of the world. According to Chervinsky, having a strategic Bitcoin (BTC) reserve and digital asset stockpile could be great for the U.S. However, he believes this alone will not make the country the crypto capital of the world. There’s much more that needs to be done and got right for President Donald Trump’s…

Why Is Bitcoin Down? Strategic Reserve Fails to Rouse BTC Bulls as Jobs Data Looms

Shaurya Malwa Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap,…

OCC Says Banks Can Engage in Crypto Custody and Certain Stablecoin Activities

Federally regulated banks can engage in a range of cryptocurrency activities without prior approval, The Office of the Comptroller of the Currency (OCC) said, in a new interpretive letter and statement. In a new interpretive letter, the OCC clarified that national banks and federal savings associations can legally provide crypto custody, conduct certain stablecoin-related activities, and run nodes. “The OCC expects banks to have the same strong risk management controls in place to support novel bank activities as they do for traditional ones,” said Acting Comptroller of the Currency Rodney…

IAESIR, the First DeFAI Hedge Fund Is Opening to the Public After Raising $2M

This content is provided by a sponsor. PRESS RELEASE. IAESIR, a next-generation DeFi platform, is redefining algorithmic trading with its innovative ecosystem powered by the IAESIR Token (IASR) and exclusive Premium Membership NFTs. With a proven track record of achieving a 60% annual return on assets under management (AUM) last year, IAESIR seamlessly integrates cutting-edge […] Source CryptoX Portal

XRP News: XRPTurbo Hits Major Milestone: Presale Soft Cap Achieved, Launches Real-Time XRT Allocation Dashboard

This content is provided by a sponsor. PRESS RELEASE. In an exciting development for XRP enthusiasts and crypto investors, XRPTurbo ($XRT), the new AI Agent Launchpad on the XRP Ledger, has officially reached its presale soft cap, raising over 50,000 XRP in just seven days. This rapid achievement underscores the growing excitement and investor confidence […] Source CryptoX Portal

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Coinbase Stock (COIN) Initiated With Buy Rating at Rosenblatt

Along with stocks in general and crypto markets in particular, it’s been a rough few weeks for Coinbase (COIN), its shares sporting a decline of about 30% since mid-February and a 40% drop since hitting a 52-week high in early December. Investment firm Rosenblatt spies opportunity, saying investors will benefit from buying the dip as the exchange remains set to profit from the Trump administration’s pro-crypto stance. “COIN is the clear blue chip in the sector and should be a beneficiary of multiple positive tailwinds,” Rosenblatt analyst Chris Brendler wrote,…

Bitcoin leaps toward $90K as US jobs data offers pre-crypto summit boost

Bitcoin (BTC) stayed close to $90,000 at the March 7 Wall Street open as positive US commentary accompanied the White House Crypto Summit. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin seeks $90,000 reclaim amid risk-asset “fear” Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility staying measured at the start of a hectic day for crypto markets. US unemployment numbers provided an initial boost as nonfarm payrolls (NFP) came in below forecast levels, hinting at the potential for financial policy easing to come sooner. “Stock market futures are surging…

1inch suffers $5M hack due to smart contract vulnerability

Decentralized exchange aggregator 1inch lost $5 million in cryptocurrency when a hacker exploited a smart contract vulnerability, the platform confirmed. On March 5, 1inch identified a vulnerability affecting resolvers — entities that fill orders — using the outdated Fusion v1 implementation, which was made public a day later. Source: 1inch Network Tracing the $5 million 1inch hack On March 7, blockchain security firm SlowMist found through an onchain investigation that the 1inch hacker made away with 2.4 million USDC (USDC) and 1276 Wrapped Ether (WETH) tokens. Source: SlowMist According to…

The Historic Dangers of Politicizing Our Civil Service

President Donald Trump and Elon Musk are working to dramatically reduce the size of the federal civil service. They have already laid off numerous government employees who work on issues ranging from food safety to wildfire mitigation and are threatening to expand layoffs. These developments accompany an executive order that looks to convert a wider share of the civil service into at-will employees who can be more easily dismissed by the administration and replaced by people deemed more loyal to the president. Today’s civil service is the product of hard-fought…