Category: CryptoX News

Nansen’s Bitcoin Analytics Reveal 42% Transactions Increase

Este artículo también está disponible en español. Blockchain analytics platform Nansen announced the launch of its Bitcoin (BTC) on-chain analytics to bring real-time, detailed insights into the flagship cryptocurrency, enabling users to track key on-chain metrics in the platform. Related Reading Nansen Brings Real-Time On-Chain Analytics For Bitcoin On Thursday, Nansen introduced its Bitcoin Growth Dashboard to provide a detailed view of the flagship crypto’s market movements and address the lack of user-friendly tracking tools for in-depth analysis in the market. The analytics platform noted that examining Bitcoin’s network at…

ECB to Develop Fiat Currency Settlement System for Distributed-Ledger Transactions

The European Central Bank (ECB) said it is looking to develop a way of settling distributed-ledger technology (DLT) transactions with fiat currency as it expands its work on the key feature that underpins the blockchain and cryptocurrencies. The bank plans a two-stage approach to using the technology, which is a decentralized database that is maintained and updated independently by individual participants in a large network. Firstly it will develop a system linked to its existing Target settlement system. Target ensures “the free flow of cash, securities and collateral across Europe,”…

55% Network Drop And Price Woes

Este artículo también está disponible en español. SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity.  SOL is currently trading at $173, but it’s down nearly 10% from last week’s price and 15% from two weeks ago. If we zoom out on its price history, the token is down 27.5% from last month’s price.  Related…

Crypto Opportunities in the Esports Boom: How Bety.com Sports Gambling is Leading the Way

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. Esports or competitive video gaming is one of the most popular online forms of entertainment that has attracted millions of viewers and bettors worldwide. Currently, the esports market is approximately $900 million. […] Source CryptoX Portal

Bitcoin Ready For ‘Take Off’—Analyst Reveals Key Signals

Este artículo también está disponible en español. Although traders are on edge due to the price behavior of Bitcoin, some analysts think a breakout is just around the corner. Related Reading One of the vocal supporters of Bitcoin is “Titan of Crypto,” who suggests that Bitcoin’s stochastic relative strength index (StochRSI) is about to signal a major move. Could BTC be about to start a fresh climb as institutional interest grows and technical signals line up? Bitcoin: Strong Reversal From StochRSI Signals Titan of Crypto claims that the weekly StochRSI…

If gold isn’t there, we’re gonna be very upset

Elon Musk raised concerns about whether Fort Knox is still holding $425 billion worth of gold. The posts reignited an old conspiracy theory about gone gold and sparked discussion about the advantages of Bitcoin. Donald Trump said he will audit “the fabled Fort Knox.” As a head of the Department of Government  Efficiency Musk has been busy scrutinizing the government institutions lately. Fort Knox was another target for his daring eyes as Musk published an X post saying that “it would be cool to do a live video walkthrough of…

Argentina’s LIBRA Memecoin Fiasco Destroyed $251M in Investor Wealth, Research Shows

The LIBRA memecoin scandal that rocked Argentina over the weekend destroyed millions of dollars in investor wealth, according to research by Nansen. On-chain data tracked by Nansen show 86% of traders lost a total of $251 million, while the winners secured just $180 million in profits. In other words, it was a “net-negative wealth-generating” event that potentially sucked out liquidity from the market. The episode is a stark reminder that tokens associated with political figures can be just as risky as random memecoins and celebrity cryptocurrencies in making or breaking…

Hong Kong Powerhouses Unite: Standard Chartered, Animoca Brands, HKT to Pursue Stablecoin License

Standard Chartered Bank, Animoca Brands, and HKT have formed a joint venture to pursue a stablecoin issuing license from the Hong Kong Monetary Authority. ‘Digital Assets Here to Stay’ Standard Chartered Bank (Hong Kong), Animoca Brands, and HKT recently agreed to form a joint venture to pursue a stablecoin issuing license from the Hong Kong […] Source CryptoX Portal

As markets tumble, Lightchain AI stands out as a resilient investment opportunity

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As markets tumble, Lightchain AI stands out, raising $16.1m with AI-blockchain tech, attracting investors seeking stability. The crypto market is facing intense volatility, with major assets experiencing sharp declines. As uncertainty grips investors, many are searching for projects with real utility and long-term growth potential. Lightchain AI has emerged as a standout investment, proving its resilience even as the broader market struggles. With $16.1 million raised in its presale…

Expert Discusses BRICS Currency Push—Is Gold-Backed System the Ultimate Solution?

Momentum for a BRICS currency is building, with gold-backed alternatives and trade strategies gaining traction, but challenges to dethroning the dollar remain. BRICS Currency and Dedollarization—Expert Exposes the Hard Truth Behind the Hype Momentum is building for a BRICS common currency as the economic bloc expands, currently comprising Brazil, Russia, India, China, South Africa, the […] Source CryptoX Portal