The cryptocurrency market is showing initial signs of recovery from its worst month in three years after the price of bitcoin (BTC) plunged to $78,000 in a week that saw the space’s total market capitalization drop by over $400 billion. The dip in prices saw the Crypto Fear & Greed Index plunge to 10, a level that hadn’t been seen since the 2022 bear market. However, it has since recovered to 20 while still being in the “extreme fear” range. Bitcoin’s price has now risen more than 3% in the…
Category: CryptoX News
Bitcoin price risks correction to $72K as investor sentiment weakens
Bitcoin may see a brief correction to the $72,000 support as an imminent market recovery remains limited by a lack of crypto investor sentiment, which has dropped to lows not seen since 2022. Bitcoin (BTC) price hit an over three-month low of $78,197 on Feb. 28, falling over 28% from its record high of over $109,000 reached on Jan. 20. Bitcoin may experience a deeper retracement toward the “low $70,000’s range as the market repositions,” according to Iliya Kalchev, dispatch analyst at digital asset investment platform Nexo. BTC/USD, 1-day chart.…
Ethereum Co-Founder Vitalik Buterin Condemns Life Sentence for Tax Offenses in Roger Ver Case
Ethereum co-founder Vitalik Buterin on March 1, 2025, criticized Roger Ver’s possible sentence for alleged nonviolent tax offenses, calling the case politically motivated and disproportionate. Ethereum Co-Founder Vitalik Buterin Criticizes Selective Prosecution Against Roger Ver Buterin’s remarks follow a public statement by Silk Road founder Ross Ulbricht, who earlier defended Ver and decried harsh penalties […] Source CryptoX Portal
USDT on TON Hits $1.4 Billion in 10 Months, Fastest Stablecoin Growth Ever
Tether’s USDT has achieved the fastest deployment of a stablecoin on any blockchain, reaching $1.4 billion issued on TON in just ten months. This is according to data by Artemis and Ournetwork. As the largest stablecoin with a $293 billion market cap, USDT is the third most valuable digital asset after bitcoin and ether, and […] Source CryptoX Portal
Hubpay, Aquanow Launch Regulated Crypto Payments in UAE
Hubpay, a United Arab Emirates-based cross-border payments platform, has partnered with Aquanow, a digital asset infrastructure provider, to launch a regulated cryptocurrency payments facility for businesses in the Middle East country. Collaboration Bolsters UAE’s Digital Asset Hub Ambition Hubpay, a United Arab Emirates (UAE)-based cross-border payments platform, has partnered with digital asset infrastructure provider Aquanow […] Source CryptoX Portal
OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’
OpenAI CEO Sam Altman announced the release of GPT-4.5, the latest iteration of the company’s flagship artificial intelligence (AI) model. Altman warned that, while this was not a reasoning model and won’t crush benchmarks, it has improved on its previous version in the conversational department. “It is the first model that feels like talking to […] Source CryptoX Portal
Feds Take Down 73-Year-Old in $2.4M Crypto Conspiracy—Prison Time Looms
A federal jury in Texas has convicted Randall V. Rule, 73, of laundering cryptocurrency linked to various fraud schemes, including romance scams and real estate fraud. Prosecutors revealed that Rule and co-conspirator Gregory C. Nysewander converted illicit funds into cryptocurrency and funneled them to accounts controlled by domestic and foreign partners. To evade detection, they […] Source CryptoX Portal
U.S. Congressman to host Tigran Gambaryan at State of the Union address
Congressman French Hill is bringing Binance executive Tigran Gambaryan as his guest to the State of the Union address. Gambaryan spent eight months in a Nigerian prison on tax evasion and money laundering charges, which were later dropped. Gambaryan, a former IRS criminal investigator and Binance’s head of financial crime compliance, was detained in February 2024 while in Nigeria for meetings with government officials. He was held in Kuje prison, where he developed a herniated disc and malaria. His detention prompted calls for his release from U.S. lawmakers and officials.…
New altcoin at $0.20 gains momentum as Cardano holders wait for altcoin season
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new altcoin priced at $0.20 gains momentum, drawing interest, while Cardano holders await altcoin season. The cryptocurrency market is changing dynamically, and investors are looking at new prospects. A recently launched altcoin valued at just $0.20 quickly gathers steam and attracts interest from market players looking for notable gains. Meanwhile, Cardano (ADA) holders are calmly waiting for altcoin season, a time noted for the fast appreciation of alternative…
Market struggles persist, but Lightchain AI could be a leading investment opportunity
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid crypto volatility, Lightchain AI stands out with scalable AI-blockchain tech, raising $16.8m at $0.006 presale. As the cryptocurrency market grapples with ongoing volatility, investors are searching for the next big opportunity. Lightchain AI is emerging as a standout investment that could offer the stability and growth that other cryptocurrencies are lacking. With its unique fusion of AI and blockchain technology, Lightchain AI is designed to provide scalable, real-world…