Category: CryptoX News

Ripple, Dogecoin Tokens Plunge 7% as Market Sell-off Worsens

Crypto majors slid as much as 14% in the past 24 hours as a Monday sell-off extended into Tuesday amid generally bearish sentiment and the lack of actionable catalysts that may help support the market. Solana’s SOL fell 14% — bringing 7-day losses to over 20% — while dogecoin (DOGE), xrp (XRP) and ether (ETH) fell more than 8%. Bitcoin lost the $92,000 level for the first time since late November, threatening a potential downside break of the multi-week consolidation between $90,000 and $110,000 Overall market capitalization fell 6.6%, while…

FTT Briefly Spikes After Sam Bankman-Fried Tweets for First Time in 2 Years

The token associated with defunct crypto exchange FTX surged briefly Monday night after Sam Bankman-Fried, the founder and onetime CEO of the platform tweeted for the first time in two years. Bankman-Fried, who was convicted on seven different counts of fraud and conspiracy in November 2023, is serving out a 25-year prison sentence. He’s currently detained in the Metropolitan Detention Center in Brooklyn as his lawyers work through an appeal of his conviction. Still, his account on X (formerly Twitter) posted a 10-tweet thread about layoffs, seemingly referencing Elon Musk’s…

Music Protocol taps Plume Network to revolutionize music tokenization

Brevan Howard Digital and Haun Ventures backed real-world assets platform Plume Network and Music Protocol, a tokenized real-world music assets protocol, have teamed up to redefine music tokenization and monetization. Plume and Music Protocol announced their collaboration on Feb. 24. The partnership will enable the music royalties tokenization platform to leverage Plume Network’s modular blockchain to bring music intellectual property on-chain.  With Music Protocol aiming to transform ownership in the music industry through the RWA space, Plume’s purpose-built blockchain could play a crucial role. The partners noted in an announcement…

This hidden crypto project is quickly becoming among the best altcoins to hold in 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. RCO Finance, a hidden crypto gem, is emerging among the best altcoins to hold for its growth potential and unique DeFi solutions. The best altcoins to hold in 2025 might include usual suspects like Ethereum (ETH) or Solana (SOL), but a lesser-known gem, RCO Finance (RCOF), is quietly gaining momentum. As the cryptocurrency market evolves, this project is capturing the attention of savvy investors with its unique features and…

Ethereum’s Pectra Upgrade Goes Live on ‘Holesky’ Testnet, But Fails to Finalize

Ethereum’s Pectra upgrade went live on the Holesky testnet on Monday but failed to finalize in the expected time. Pectra was activated on the Holesky testnet at 21:55 UTC (4:55 p.m. ET), but did not initially finalize according to blockchain data. Finality is the state in which, once a transaction is confirmed and added to a block, it is immutable and cannot be reversed. A testnet is a network that copies a main blockchain (in this case Ethereum), and is used to test upgrades or new code before it goes…

Bitcoin (BTC) Slides Under $94K as Nasdaq Tries to Shake Last Week’s Jitters

Bitcoin (BTC) continued to slide on Monday, hurt by not just by massive bearish price action in most of the rest of crypto, but also as U.S. stocks struggle to pull out of their recent downturn. Falling to about $93,900 as stocks closed, bitcoin is down 1.9% in the last 24 hours. Ether (ETH) is lower by 5.9% over the same time frame. The broader CryptoX 20 Index is down 5.1%. Following last week’s major declines, an attempted rally by the major U.S. stock averages failed Monday afternoon, with the…

From Skeptic to Player: Citadel Securities Is Planning to Expand Into Crypto Trading

Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase, Binance, and Crypto.com. […] Source BitcoincryptoexchangeExchanges CryptoX Portal

XRP Price Watch: Is a Breakdown Below $2.40 on the Horizon?

XRP is currently trading between $2.42 and $2.44, with a market capitalization of $141 billion and a 24-hour trade volume of $4.29 billion, fluctuating within an intraday range of $2.42 to $2.59. XRP XRP’s one-hour chart reflects short-term bearish momentum, with the digital asset forming lower lows and struggling to break above resistance at $2.5. […] Source CryptoX Portal

DekaBank Debuts Crypto Trading, Custody Services for Institutional Clients: Bloomberg

DekaBank, a German investment bank with 377 billion euros ($395 billion) in assets under management, introduced cryptocurrency trading and custody services for institutional clients after almost two years of development. The Frankfurt-based company’s move follows regulatory approval for a crypto custody license from the Federal Financial Supervisory Authority (BaFin), while operating under the supervision of the European Central Bank (ECB), Bloomberg reported. “We have the necessary experience, required licenses and a tested, ready-to-use infrastructure to support savings banks and our institutional clients,” board member Martin K. Müller told Bloomberg. DekaBank,…