Ripple CEO sees Trump’s “Crypto Strategic Reserve” as a game-changer for XRP, signaling a new era of legitimacy and growth while slamming past SEC obstruction. XRP Included in Trump’s Crypto Reserve—Ripple CEO Sees a Major Breakthrough Ripple CEO Brad Garlinghouse took to social media platform X on March 2 to weigh in on President Donald […] Source CryptoX Portal
A cryptocurrency trader reportedly earned over $1.6 million in profits by taking a highly leveraged 50x long position on bitcoin (BTC) and ethereum (ETH) before President Donald Trump’s announcement of a proposed U.S. crypto strategic reserve on March 2, 2025. High-Risk Bet Pays Off: Trader Gains $1.6M on Bitcoin and Ethereum Post-Policy Shift Trump’s announcement, […] Source CryptoX Portal
VeChain claims to have strong fundamentals with a decent token that is currently retracing along with Bitcoin and other cryptocurrencies. Investors are still optimistic about this token, let’s find out if it can bounce back in the near future. The native token of VeChain (VET) is currently trading at $0.031 which is about a 18% drop from its previous weekly high of $0.034456. Its current market cap stands above $2.5 billion with a 24-hour trading volume of $91 million. VeChain weekly chart, February 2025 | Source: crypto.news In this article,…
Bitcoin (BTC) has surged 7% in the past hour, crossing $92,000 after Donald Trump announced a crypto strategic reserve. The price is now up 15% from recent lows of $78,000. Data indicates this rally is driven by spot demand rather than speculation, signaling a healthy, organic move. Spot Cumulative Volume Delta (CVD) shows buyers as the aggressors, with over $200 million in spot inflows in the past hour. Meanwhile, futures open interest has declined, reinforcing that this surge is fueled by real buying rather than leveraged speculation. Spot CVD (Glassnode)…
Following an extended spell of silence regarding a strategic bitcoin reserve from the Trump administration, President Donald Trump erupted onto the digital stage of social media with an interesting proclamation. With the flair of a maestro, he unveiled that a “crypto strategic reserve that includes XRP, SOL, and ADA” shall spin into action, advancing with […] Source CryptoX Portal
Ethereum price has crashed this year and is hovering near its lowest level since September last year. Ethereum (ETH) was trading above $2,200 at last check Sunday, down by over 45% from its highest point in November last year. Several crucial charts explain why the ETH price has crashed, and provide hints of what to expect this year. Ethereum price formed a triple-top pattern The weekly chart shows that the ETH price found strong resistance at around $4,000 in 2024. This pattern is characterized by three peaks and a neckline,…
$81 trillion was erroneously credited by Citigroup, as the customer was only meant to receive $280. The payment bypassed all Citigroup controls and had to be reversed several hours after its execution, which the bank refers to as a “near miss.” Citigroup Payment Fumble: Erroneous $81 Trillion Transfer Bypasses Controls Citigroup, one of the most […] Source CryptoX Portal
THORChain token is flashing a bearish signal, forming a bearish flag pattern that suggests further downside even as swap volume surges. THORChain (RUNE) was trading at $1.3050 on Friday, down 82% from its November peak. It is hovering near its lowest level since November 2023 and remains 90% below its all-time high. RUNE has plunged despite third-party data showing that the network recently recorded one of its best weeks ever. Swap volume on the platform surged 640% over the past seven days to $3.3 billion, making it the sixth-largest player…
A Binance spokesperson has clarified that rumors suggesting that the company was dumping some of its crypto holdings, including Ethereum and Solana, are simply untrue. These rumors started doing the rounds on social media almost immediately after the Bybit hack. Speculations suggested that large crypto firms, including Binance, caused the recent market sell-off by aggressively selling and reducing the size of their holdings. They are misunderstanding what Binance does as an exchange, which is we simply help users match trades – Binance Binance’s clarification could be one of the reasons…
Elon Musk has likened the memecoin market to a casino, warning investors about the risks of speculative trading during an appearance on The Joe Rogan Experience. While acknowledging Dogecoin’s origins, Musk cautioned against the broader memecoin frenzy, especially as recent Solana-based token crashes raise concerns about market manipulation. Musk Warns Against Memecoin Mania, Calls Market […] Source CryptoX Portal