Category: CryptoX News

New PayFi protocol aims to rival Solana for gains despite SOL ETF approval

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana’s speed faces competition from a new PayFi protocol aiming to change cross-border payments. SOL has long been recognized as one of the most promising blockchain platforms for high-speed transactions, but a new PayFi protocol is emerging to challenge its dominance for potential gains in 2025.  Many investors still see Solana’s technology capable of up to 65,000 transactions per second as a key advantage and the prospect of a…

ADA has Struggled to deliver, but this new altcoin aims to take on SOL and ETH

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano faces challenges, while Lightchain AI, with AI-driven tech, rises as a blockchain contender. Cardano (ADA) entered the crypto space with high expectations, promising to change blockchain scalability and efficiency. However, despite its strong academic foundation, the project has faced delays and challenges in delivering real-world impact. As competition in the blockchain sector intensifies, new altcoins are emerging with faster, more scalable, and developer-friendly solutions. One such contender is…

Wrapped AVAX (WAVAX) Sees Increased Wallet Accumulation Amid Bybit Card Cashback Adoption

Wrapped AVAX (WAVAX) has seen a surge in wallet accumulation on the Avalanche blockchain, even as its price dropped more than 4% over the past 24 hours, data from TheTie shows. A total of 3,898 wallets added to their WAVAX holdings today—nearly twice the recent average of 1,600, the data shows. A wrapped token is a token that represents a cryptocurrency from another blockchain or token standard and is worth the same as the original cryptocurrency. The wrapped token can be used on certain non-native blockchains for trading, lending and…

HashKey Group, Plasma secure VC support

The second week of February showed strong activity in crypto VC funding as HashKey Group secured $30 million with a $1.50 billion valuation. According to Crypto Fundraising data, the week brought total funding to over $150 million, with payment solutions and infrastructure projects leading. The funding pattern showed rising interest in stablecoin development and L1 infrastructure. Let’s dive deeper into the investments from the last seven days. HashKey Group, $30 million Raised $30 million from Beijing-based Gaorong Ventures HashKey Group (HSK) is building finance and banking solutions The project has…

How Bitcoin Taught a Nation to Dream

This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on El Zonte, here. There was formidable energy at this year’s Plan B conference in El Salvador. The event, which took place on Jan. 30-31, was historic for many of its 2,500 attendants. It was the first Bitcoin forum in the Central American nation to have a full dual-language agenda — meaning sessions in both English and Spanish. For Roman Martínez, a Salvadoran co-founder of Bitcoin Beach, Plan B was a…

Is altseason coming in 2025? Outset PR’s founder explains how crypto projects could win from this shift

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Outset PR CEO Mike Ermolaev predicts a powerful altcoin cycle ahead, driven by Bitcoin liquidity flows and strategic communication around real-world utility. In today’s crypto market, Bitcoin’s (BTC) dominance stands at nearly 61%, continuing its steady upward trend since early February, when it was at 58%. This gradual increase suggests that BTC is consolidating its position as the market leader, absorbing capital and potentially setting the stage for an…

SEC acknowledges Grayscale’s XRP ETF filling

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s XRP ETF filing gets SEC acknowledgement, sparking hopes for institutional investment, while Yeti Ouro gains momentum ahead of its Stage 3 presale. The U.S. The Securities and Exchange Commission (SEC) has finally acknowledged Grayscale’s 19b-4 filing for an XRP ETF. This decision has had major implications for XRP’s market dynamics, with analysts projecting a surge in institutional investment once approved. Meanwhile, a fast-growing new altcoin, Yeti Ouro (YETIO),…

Javier Milei Backtracks on $4.4B Memecoin After ‘Insiders’ Pocket $87M

Argentina’s president Javier Milei has backtracked on a tweet promoting a memecoin called Libra, which rose to a $4.4 billion market cap before plunging by more than 95%. In a now-deleted tweet, Milei initially wrote: “This is a private project dedicated to encouraging the growth of the Argentine economy,” along with a Solana contract address linked to the Libra token. Libra rose by more than 2,000% in a 40-minute span following the tweet, only to tumble rapidly as a group of early holders began to cash out. X account KobeissiLetter…

Tether buys minority stake in Italian giant Juventus FC

Stablecoin issuer Tether has invested in Juventus Football Club as the firm expands beyond digital payments, Bitcoin, and AI. Tether, the company behind the $140 billion stablecoin (USDT), announced that it has acquired a minority stake in Italian football giant Juventus FC. The investment aims to diversify the crypto titan’s portfolio in 2025 and integrate digital assets into everyday life through sports, according to a press statement. Aligned with our strategic investment in Juve, Tether will be a pioneer in merging new technologies, such as digital assets, AI, and biotech,…

Citi, State Street to enter digital asset custody space

Citi and State Street, two of the largest U.S. banks, plan to launch custodial services for cryptocurrencies and digital assets. The U.S. institutional crypto wave has gained momentum following President Donald Trump’s return to Washington as the first pro-crypto American president. His administration’s push for clearer regulations has fueled bullish sentiment on Wall Street. Citibank and State Street have separately announced plans to enter the cryptocurrency custody space as more financial firms outline digital asset strategies. Citi unveiled its CIDAP digital asset platform, which offers crypto-safeguarding technology for clients. The…