Category: CryptoX News

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Bybit Hack Fails to Ruffle Feathers, Traders Eye SOL ETF

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin and ether, the two largest digital assets by market value, remain largely within their recent trading ranges two days after the $1.5 billion hack of Bybit, one of the top cryptocurrency exchanges. Perpetual funding rates for both are positive, indicating a bias for long positions that benefit from price rises. Bitcoin options trading on Deribit show a bullish bias for call options across all time frames, while those tied to ether show a downside bias into March. The bias for…

China Calls on the US to Stop Weaponizing Trade Issues

Chinese Embassy to the U.S. spokesman Liu Pengyu stated that politicizing and weaponizing trade issues is against the ethos of what the U.S. seeks to champion: fair competition and free trade between China and the U.S. China Complains the US Is Using Trade Issues as a Weapon The weaponization of trade relations by the U.S. […] Source CryptoX Portal

Malaysian Prime Minister Discusses Crypto Frameworks During UAE Visit

Malaysian Prime Minister Anwar Ibrahim announced that Malaysia and Bahrain are deepening economic ties, focusing on cryptocurrency, the Sandbox platform, tourism, connectivity, and manufacturing. Bahrain also pledged support for upcoming Asean-GCC summits. Anwar’s visit, at the invitation of Bahrain’s Crown Prince, aims to strengthen bilateral cooperation and benefit both nations’ economies. In early January 2025, […] Source CryptoX Portal

Fears of Price Hikes Fuel Bulgarian Euro Protests

Thousands of ultra-nationalist Revival party supporters in Bulgaria clashed with police while attempting to storm an EU mission building in Sofia, protesting the country’s planned euro adoption in 2026. The demonstrators, fearing economic instability and loss of sovereignty, threw projectiles and set fires, resulting in police injuries and arrests. The Bulgarian government condemned the violence, […] Source CryptoX Portal

Putin Eyes Western Companies’ Comeback as US-Russia Tensions Shift

As Russia anticipates a possible return of Western corporations, President Vladimir Putin has instructed his cabinet to prioritize domestic firms over foreign businesses seeking to re-enter the market. This move follows economic sanctions imposed after Russia’s 2022 invasion of Ukraine, which led to the departure or downsizing of over 1,800 foreign companies. Recent talks between […] Source CryptoX Portal

Grayscale’s XRP ETF Under SEC Review—The Countdown Begins

The SEC’s review of Grayscale’s XRP ETF is officially underway, sparking speculation that a crypto-friendly shift could lead to a groundbreaking approval. SEC Begins Review of Grayscale’s XRP ETF Proposal The Federal Register officially published Grayscale’s XRP exchange-traded fund (ETF) proposal on Feb. 20, 2025, marking the beginning of the U.S. Securities and Exchange Commission’s […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Robert Kiyosaki: Missing Fort Knox Gold Would Unleash World Chaos, Collapse Economy, Crash US Dollar

Robert Kiyosaki warned that if Fort Knox gold is missing, the U.S. economy could collapse, the dollar would crash, and global chaos could be inevitable. Missing Fort Knox Gold Could Wreck Economy, Destroy Dollar, and Spark Global Turmoil Robert Kiyosaki, author of Rich Dad Poor Dad, raised concerns about the U.S. economy after questioning the […] Source CryptoX Portal