Category: CryptoX News

step by step guide by a16zcrypto

From network tokens to meme coins, a16z crypto has laid out a framework to help businesses navigate the evolving crypto landscape. What is a cryptocurrency? According to Wikipedia’s definition, it is a digital currency designed to work through a computer network that is “not reliant on any central authority, such as a government or bank, to uphold or maintain it.” And while at the very beginning in 2009 there was one and only cryptocurrency out there, called Bitcoin (BTC), things have changed significantly since then. Now, there over 12 million…

LBank Partners With Elliptic to Enhance Compliance and Security in Global Expanding

This content is provided by a sponsor. PRESS RELEASE. SINGAPORE, March 6, 2025 – LBank(lbank.com), a leading global cryptocurrency exchange, has officially partnered with Elliptic to enhance its compliance framework. This collaboration aims to further strengthen LBank’s security measures and risk control standards, ensuring the highest level of asset protection for its users. As cryptocurrency […] Source CryptoX Portal

AI agents and blockchain are redefining the digital economy

Opinion by: Arunkumar Krishnakumar, head of institutional growth at Marinade Finance The rise of the internet and social media has redefined how brands reach out to billions of users worldwide. There is constant competition for users’ attention, to the extent that the digital ecosystem is meticulously engineered for distraction. Welcome to the attention economy, where engagement metrics are prioritized over meaningful user experiences.  People are bombarded with notifications, advertisements and content optimized to capture clicks rather than fulfill needs. A 2020 study by The Economist Intelligence Unit found that 28%…

Lombard Finance to Launch its Liquid-Staking Bitcoin Token LBTC on Sui

Lombard Finance’s liquid-staking bitcoin token, LBTC, will launch on the Sui blockchain on Thursday, marking its first expansion to a non-Ethereum Virtual Machine (EVM) compatible chain. The expansion extends LBTC beyond the blockchains it currently uses, which include Ethereum, Base, and BNB chains. The token is meant to install bitcoin as collateral on decentralized finance (DeFi) applications, which on Sui currently have around $1.3 billion in total value locked (TVL). Bringing LBTC to Sui means that users on the network will have access to bitcoin staking rewards while being able…

Nigeria’s Crypto Clampdown: Binance Users Blocked From Crypto Giveaway Programs

Binance’s battle with the Nigerian government has taken a new turn, as users in the West African country are now blocked from participating in airdrop campaigns. Users Told Service No Longer Available Weeks after Binance’s battle with the Nigerian government reignited, users of the cryptocurrency exchange in the West African country are reportedly being blocked […] Source CryptoX Portal

Back to Back Weekly Hammer Candles in BTC Only Been Seen Five Times Prior

The past few weeks have been highly volatile for bitcoin (BTC), with price action reflecting sharp swings. In the past two weeks bitcoin traded on an open-high, lower-close candlestick pattern with double-digit percentage differences. The week beginning Feb. 24 saw bitcoin drop to a low of $78,167 and climb to a high of $96,515, a 23% swing. The following week, starting Mar. 3, recorded a low of $81,444 and a high of $94,415, marking a 16% swing. These large candlestick formations are known as hammer candles, as defined by analyst…

Institutional Investors Brace for Crypto Boom With Trump’s Regulatory Overhaul

Institutional investors are betting on a crypto boom under President Donald Trump, with 92% expecting favorable regulations and key appointments to accelerate industry growth, a survey found. Institutional Investors Eye Regulatory Wins as Trump’s Crypto Agenda Takes Shape Institutional investors and wealth managers anticipate a more favorable regulatory environment and increased growth for digital assets […] Source CryptoX Portal

Bitcoin gets March 25 ‘blast-off date’ as US dollar hits 4-month low

Bitcoin (BTC) is due to “blast off” in three weeks as global liquidity trends turn to favor crypto and risk assets. New X analysis from Andre Dragosch, European head of research at asset management firm Bitwise, predicts global money supply hitting new all-time highs. 3-week countdown to BTC price comeback A new BTC price tailwind is brewing as US dollar strength drops to its lowest levels since the start of November last year. The US dollar index (DXY), which measures dollar strength against a basket of trading partner currencies, is…

IMF: Namibia Has No ‘Compelling Rationale’ for Retail CBDC

The International Monetary Fund recently concluded that Namibia should not issue a retail central bank digital currency at this time. Namibia Lacks Resources to Pursue CBDC The International Monetary Fund (IMF) mission to Namibia recently concluded that there are no compelling reasons for the Southern African nation to issue a retail central bank digital currency […] Source CryptoX Portal

Russia Could Develop a Crypto Reserve—Expert Discusses Timeline

Russia could develop a cryptocurrency reserve within one to three years, a top mining executive claims, as U.S. policy shifts fuel global interest in crypto’s financial potential. Crypto Reserve in Russia? Industry Insider Says It Could Happen in 1-3 Years As more countries consider buying bitcoin following U.S. President Donald Trump’s plan to make the […] Source CryptoX Portal