Experts predict SOL can hit $500 before the end of 2024

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana eyes $500 amid ETF optimism, while new projects like Crypto All-Stars gain traction in the bull market. Solana continues to make new highs, showing immense strength this month. And with the volume of its decentralized exchanges pushing higher, it seems nothing can stop SOL’s ascent. The Solana cryptocurrency has a price target of $500 by the end of 2024, enabled by its increased transactional capabilities over its main…

Gemini Foundation Launches BOME, GOAT, MEW, PNUT, and POL Perpetual Contracts With Up to 100x Leverage

The Gemini Foundation, a non-US derivatives platform operated by Gemini, has announced the addition of five new perpetual contracts to its trading platform, allowing users to trade BOME, GOAT, MEW, PNUT, and POL contracts with leverage of up to 100x. While these derivatives products are accessible in select jurisdictions worldwide, they are not available to […] Source CryptoX Portal

Argo Blockchain shares plunge 19% on weaker Q3 revenue compared to 2023 levels

Argo Blockchain reported a 28% decline in Q3 revenue year-over-year, reflecting continued challenges in the crypto mining space. Bitcoin (BTC) mining firm Argo Blockchain reported wider losses for Q3, with quarterly revenue of $7.5 million, down from $10.4 million a year earlier. In its Q3 earnings report released on Nov. 20, the firm revealed that total revenue for the first nine months of 2024 was $36.7 million, a slight increase from $34.4 million in 2023. The firm mined 123 BTC during the quarter, averaging 1.3 BTC per day. Mining margins…

Injective Launches Onchain AI Agents for Everyone

Users can design multiple autonomous artificial intelligence (AI) agents using iAgent to achieve specific objectives. One AI Agent to Rule Them All Injective has officially unveiled its latest innovation, iAgent. With the rise of AI agents, iAgent is a software development kit (SDK) that allows users to create and deploy their own onchain AI agents. […] Source CryptoX Portal

13 Regions Face Crypto Mining Ban Under Russia’s New Energy Policies

Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yevgeny Grabchak confirmed the decision, which targets 13 regions, including Irkutsk, Buryatia, and Transbaikal, excluding Moscow. The extended enforcement periods were […] Source CryptoX Portal

SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have taken major actions against […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000

Este artículo también está disponible en español. The Bitcoin price movements have recently formed a bullish symmetrical triangle pattern, a technical indicator that often precedes significant upward momentum. This pattern formation has come amidst a back and forth between $93,477 and $85,970 after the Bitcoin price reached an all-time high of $93,477 on November 14. The observation of this bullish symmetrical triangle was highlighted on the social media platform X by the crypto analyst known as Stockmoney Lizards, who is also credited with developing the Satoshimeter indicator. Symmetrical Triangle Points…

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Ripple’s CEO has warned against SEC Chair candidates tied to past enforcement controversies, urging leadership that fosters innovation and ends punitive crypto regulation. A Name Sparks Debate: Ripple CEO Slams SEC Chair Prospect Brad Garlinghouse, CEO of Ripple, has criticized the potential appointment of Caroline Stebbins as the next U.S. Securities and Exchange Commission (SEC) […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Securitize Unveils Vault System to Revolutionize Institutional Defi Liquidity

Securitize has rolled out its S-Token Vault, utilizing ERC4626 technology to elevate liquidity and streamline portfolio management for institutions holding tokenized real-world assets (RWAs). Bridging Finance and Defi: Securitize Launches Next-Gen S-Token Vault The project, revealed in a statement shared with Cryptox.trade News, was developed by Securitize Credit, a subsidiary of Securitize. It links up […] Source CryptoX Portal