Category: CryptoX News

Analyst outlines strategies for the U.S. to buy more Bitcoin

Analyst Jiang Jinze mentioned several ways the U.S. could purchase Bitcoin for its strategic reserve in the event it runs out of seized BTC. Analyst and Muse Labs founder Jiang Jinze has pointed out that there is a possibility the U.S. would still need to acquire more Bitcoin (BTC) moving forward. According to him, only 100,000 BTC out of the total owned by U.S. government can be considered “real reserves.” This is because nearly 50% of the confiscated BTC must be returned to Bitfinex. In January 2025, the U.S. federal…

The S&P 500 and Nasdaq Give Up Their Trump-Bump

The stock market tariff tantrum of the past few weeks has seen the Nasdaq 100 and S&P 500 give up all their gains since the early November election victory of Donald Trump even as bitcoin (BTC) remains in positive territory. Both equity gauges are now more than 2% lower, while bitcoin is up over 20% in the same time frame. Market leader Nvidia (NVDA), whose chips are in demand for uses in AI, for instance, is lower by more than 20% since Trump’s triumph. On the flip side, Meta Platforms…

Dogecoin Slumps 9% as Trump Douses Bullish Crypto Reserve Hopes

Major tokens XRP, dogecoin (DOGE) and Cardano (ADA) plummeted as much as 9% in the past 24 hours after President Donald Trump dashed hopes of a diversified U.S. strategic crypto reserve. Late Thursday, Trump directed his administration to establish a Bitcoin Strategic Reserve to hold bitcoin (BTC) previously seized by the government with an additional “crypto stockpile” of other assets. Assets for the non-bitcoin stockpile will be any crypto that the government otherwise seizes. That reversed days of bullish momentum fueled by Trump’s earlier comments at including tokens XRP, ADA,…

Memecoins are likely dead for now, but they’ll be back: CoinGecko

Enthusiasm for memecoins appears to have cooled after a series of bad launches and rug pulls killing off investor interest, according to CoinGecko founder Bobby Ong.  Metrics for token launchpad Pump.fun immediately plummeted following the Libra (LIBRA) rug, Ong said in a March 6 report, with newly created tokens and daily graduated tokens on the platform falling over 90% since their February peak. “The launch of TRUMP and MELANIA marked the top for memecoins as it sucked liquidity and attention out of all the other cryptocurrencies.” The memecoin market has…

US Dollar Reserve Dominance Slipping—Expert Warns Trump’s Policies Fuel the Drop

Trump’s policies are undermining the U.S. dollar’s role as the world’s reserve currency, a financial expert warns, as global markets and major economies seek alternatives. Trump’s Policies Fuel Global Shift Away From US Dollar U.S. President Donald Trump’s policies are accelerating a global shift away from the dollar, warns Nigel Green, CEO of financial advisory […] Source CryptoX Portal

TransCrypts Wins Pitchfest at Consensus Hong Kong

Four and half years ago, when Zain Zaidi was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place. Understanding how someone’s life could be altered by not being able to prove something like an academic credential, Zaidi set out to try and make it easier. Instead of going to grad school, Zaidi started TransCrypts, which helps companies verify employment information. The blockchain-powered startup recently won CoinDesk’s Pitchfest at Consensus Hong Kong. Zaidi says if we’re…

Brazilian Soccer Legend Ronaldinho Launches STAR10 Token

Ronaldinho states that STAR10, a token named after his jersey number in soccer, is his new and official token, set to be launched on the BNB Chain. He has been involved in several crypto endeavors before and has even been questioned about his role in an alleged pyramid scheme that used his image for promotion. […] Source CryptoX Portal

Vlad Martynov on Ethereum ecosystem and venture capital in crypto

Co-founder of BR Capital and blockchain entrepreneur Vlad Martynov joins us for a special episode of the crypto.news show. In part 1, Martynov discusses his role within the Ethereum ecosystem, the future of venture capital in crypto, and how the current system of tokenomics is broken. Martynov also expands upon his role within the decentralized Zuzalu “network state” community, as well as new regulatory climates from the US, Europe, Asia, and beyond. In part 2, Martynov conducts a one-on-one with Ethereum co-founder Vitalik Buterin, in a crypto.news show exclusive. Turn…

Bitcoin Price (BTC) Gives Up Early Gains as Rates Soar Globally

The latest in a series of reversed tariff threats by President Trump isn’t having the hoped-for effect on risk markets at least halfway through the U.S. trading day on Thursday. The stock market initially bounced off a sharply lower opening and bitcoin (BTC) rose through $91,000 as Commerce Secretary Howard Lutnick — in an appearance on CNBC — said the president would exempt Mexico from his new 25% tariff for any goods or services covered under a previous trade agreement. The nicer stance toward the country’s neighbor to the south was…