Category: CryptoX News

NFT sales drop 33% to $119.5m, Pudgy Penguins still in lead

The NFT market has pulled back sharply alongside a broader crypto selloff, with Bitcoin falling to $96,000 and Ethereum tumbling to $2,600. The latest data shows that the overall crypto market cap has contracted to $3.13 trillion from last week’s $3.5 trillion. According to CryptoSlam data, NFT markets have cooled this week as both prices and trading activity fell. The total sales volume reached $119.5 million — a 33% drop from the previous week’s activity. The market data shows an ongoing pullback in trading: NFT sales volume has fallen to…

GODS, Safemoon, Karrat lead as fear and greed index drops

As Bitcoin fell to $96,000 on Saturday and the market cap of all coins dropped to $3.1 trillion, the crypto fear and greed index dropped to 35. Meanwhile, the closely-watched altcoin season index fell to 44. While most cryptocurrencies were in the red, a few stood out at last check: Gods Unchained Gods Unchained (GODS) price formed a God candle as it jumped to a high of $0.30. That’s up by 212% from its lowest level this year. This rebound happened ahead of the Gods Unchained Battle Pass Season 1 whose…

a surge to $166k possible

Bitcoin price remained under pressure this week as trade concerns remained, but two rare patterns point to an eventual rebound. Bitcoin (BTC) wavered, while the crypto fear and greed index slipped to the fear zone of 35 this week. Most of this weakness was because of the ongoing fear of a trade war between the United States and its top partners. The US has already started levying tariffs on Chinese goods, which may affect trade volume worth over $450 billion. While Canadian and Mexican tariffs have been paused, there are…

CFTC’s Crypto CEO Forum Aims to Shape Future of Digital Asset Markets With Pilot Launch

The Commodity Futures Trading Commission (CFTC) which regulates the U.S. derivatives market said it will hold a CEO Forum with leaders from Coinbase, Ripple, Circle, Crypto.com, and Moonpay to evaluate a digital asset markets pilot program. The announcement was made on Friday and the purpose of the program will be to establish regulatory clarity around […] Source CryptoX Portal

Why investors are watching DOGE under $0.50 closely

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin gains as meme crypto market nears $100b. Meanwhile, Rexas Finance stands out in the real-world asset tokenization space. The meme-based cryptocurrency market is experiencing tremendous expansion, with a valuation close to $100 billion. This momentum follows Bitcoin’s recent comeback from a quick decline to an intraday low of $97,000. Dogecoin (DOGE), a pioneer of meme coins, has responded to this change by registering noteworthy single-digit increases. The important…

Tornado Cash Developer Alexey Pertsev Walks Free

In a positive turn of events, the court released the 31-year-old developer and placed him under house arrest and electronic monitoring until his trial. Tornado Cash’s Alexey Pertsev Regains Freedom Following Court Decision After languishing in a Dutch jail for nine months, Alexey Pertsev, one of the developers of the cryptocurrency mixer Tornado Cash, was […] Source CryptoX Portal

Balancer V3 Debuts on Arbitrum Featuring Boosted Pools System

Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more optimizations. Balancer Launches Boosted Pools On Top Of Arbitrum Balancer, a decentralized finance protocol with […] Source CryptoX Portal

Cloudbet Removes All Betting Limits on Super Bowl LIX

This weekend’s Super Bowl brings an unprecedented opportunity for high-stakes bettors: unlimited betting on major markets. Cloudbet announces the removal of all stake restrictions on moneyline, spread, and over/under bets for Super Bowl LIX, allowing users to place bets of any size – whether it’s $10 million on the Eagles or $50 million on the […] Source CryptoX Portal

Blackrock Boosts MSTR Investment to 5% Amid Market Volatility

Blackrock, the globe’s leading asset management titan, has fortified its position in Strategy (formerly Microstrategy) equity, elevating its stake in MSTR to 5%—a milestone reflecting heightened institutional confidence. Institutional Confidence Rises as Blackrock Claims a 5% Stake in Strategy Per a Schedule 13G filing with the U.S. Securities and Exchange Commission (SEC)—a regulatory disclosure for […] Source CryptoX Portal

Canadian Businessman Sentenced to 41 Months in U.S. Prison for Hiding 450 BTC

A Canadian businessman has received a 41-month sentence in a U.S. federal prison for obstruction. Businessman’s Account Blocked by Binance A Canadian businessman will serve 41 months in U.S. federal prison after pleading guilty to one count of obstruction of an official proceeding. The sentence was jointly announced by U.S. Attorney Edward R. Martin Jr. […] Source CryptoX Portal