Category: CryptoX News

Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes

This year’s rapid surge in U.S. states’ interest to put public money into cryptocurrencies before the federal government can establish a strategic reserve of digital assets has encountered mixed results after five such efforts flamed out, though Utah remains a single vote away from the finish line and Texas reportedly advanced a bill to its state Senate. Pennsylvania, Wyoming, Montana, South Dakota and North Dakota have fallen short of the mark in legislative efforts to put public money into crypto. Others — most notably Utah — have made significant progress…

Crypto Storage Firm BDACS to Use Ripple Custody for Institutional XRP, RLUSD Holdings

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,…

Ethereum eyes $6,000, while crypto traders accumulate Yeti Ouro before it surges

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum eyes a surge to $6,000, while crypto traders accumulate Yeti Ouro, betting on its potential surge in blockchain gaming. Ethereum (ETH) is back in the headlines with big expectations. Some analysts are calling for ETH to hit $6,000 by year-end, driven by technical upgrades, ETFs, and growing DeFi adoption. But it’s not just the old guard making waves— traders are quietly piling into Yeti Ouro (YETIO), a new…

BTC’s CME Gap in Spotlight as Price Sell-Off Puts Focus on Non-Traded Zone Below $80K

Bitcoin (BTC) has dropped 10% to $86,300 this week, diving out of a prolonged period of trading between $90,000 and $110,000. The so-called bearish range breakdown has traders closely examining charts for clues about where the sell-off may drive prices next. One of the key levels under scrutiny is the “runaway gap” in CME bitcoin futures below $80,000, which formed three months ago. A gap is a blank space on a price chart between the closing or high price on a specific day and the next opening price, signifying that…

Pakistan Wants to Set Up Crypto Council to Oversee Policy: Report

Pakistan has said it will set up a national crypto council to develop legislation for the sector, following a meeting with President Donald Trump’s digital asset advisors, according to a report by local news site Dawn. The council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts. It would oversee policy development as well as collaborate with countries to develop standardised frameworks, the report added, citing a statement from the finance ministry. Till last year, the nation’s finance ministry had been opposed to…

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. Ripple’s native token XRP is at a crucial crossroad as XRP whales are scanning the market for new opportunities to amplify returns. One project capturing these whales’ attention is XRPTurbo, an AI […] Source CryptoX Portal

CryptoQuant CEO says only ‘noob’ would sell amid current dip as BlackRock reportedly sold $150m in BTC

Institutional investors seem to be selling off millions in Bitcoin, but CryptoQuant’s CEO believes 30% corrections are common during bull cycles. Bitcoin (BTC) is down about 10% over the past week, putting this February on track to be one of the worst since 2018. Still, CryptoQuant CEO Ki Young Ju isn’t concerned, saying only a “noob” would sell during this dip. If you’re panic selling now, you’re probably a noob. A 30% correction in a #Bitcoin bull cycle is common—it dropped 53% in 2021 and still recovered to an ATH.…

What Next for Bitcoin After BTC Suffers Biggest 3-Day Price Since FTX Debacle

Bitcoin’s (BTC) prolonged range play above $90K has concluded bearishly this week, and how? The 12.6% drop observed in the first three days of the week (per UTC hours) marks the largest decline since the FTX bankruptcy in November 2022, according to data from TradingView. The sell-off is consistent with CryptoX’s analysis earlier this month, which noted investor disappointment over the lack of swift action from President Donald Trump’s administration on creating the promised national BTC reserve and tightening fiat liquidity conditions. Institutional demand for the largest cryptocurrency and its…

FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme

Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds […] Source CryptoX Portal