Category: CryptoX News

XRP, ADA, and RBLK show strong potential for significant gains

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin steadies the market, altcoins like XRP, ADA, and Rollblock are poised for explosive growth. Bitcoin is the glue that holds the crypto market together, but altcoins are where the action happens. Altcoins like XRP and ADA have made many people a lot of money, and altcoins always outpace Bitcoin. The XRP price prediction looks bullish, while ADA gives investors a prime ‘buy low’ opportunity. But the next…

Aave nets $6m in revenue amid crypto plunge

Decentralized finance protocol Aave generated more than $6 million in revenue as the crypto prices plummeted. Stani Kulechov, founder of Aave (AAVE), said in a post on X on Aug. 5 that the DeFi protocol secured the revenue after navigating the crypto market plunge that had investors reeling on Monday. Aave, which traded higher to hit $117 on Aug. 2, followed by lows of $79 on Aug. 5 amid a crypto crash. Aave sees $6 million in revenue According to Kulechov, Aave helped secure $21 billion in value amid the…

Google Pay, Amazon Pay, Walmart-Backed Phonepe Eye Entry Into RBI’s Digital Rupee Program

Google Pay, Amazon Pay, and Walmart-backed Phonepe are reportedly seeking to join India’s central bank digital currency (CBDC) initiative led by the Reserve Bank of India (RBI). Other fintech firms like Cred and Mobikwik are also seeking participation. These companies aim to facilitate transactions through the e-rupee. The initiative aims to boost transaction volumes by […] Source CryptoX Portal

French Regulator Begins Accepting Crypto Service Provider Applications Ahead of MiCA Regulation

The French financial regulatory authority has begun accepting applications for authorization as a crypto asset service provider under the European Markets in Crypto-Assets (MiCA) Regulation, ahead of its implementation in December 2024. This regulation mandates prior authorization for market participants offering crypto asset services in the EU, with strict adherence to anti-money laundering, cybersecurity, and […] Source CryptoX Portal

Final day of 99Bitoins’ presale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The 99Bitcoins token presale, which has raised $2.6 million, ends today. This marks the last chance to buy at a fixed price before it lists on exchanges. 99Bitcoins token (99BTC) is the all-weather cryptocurrency. Engrossed by its unique learning platform, investors continue to buy the presale, undeterred by crypto’s recent devaluation. Now, the 99Bitcoins token presale is in its final day, having raised $2.6 million so far. This is…

Latam Insights Encore: El Salvador’s Proposal Opens the Door for Crypto-Based International Settlements

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the recent proposal from El Salvador to settle their trade transactions with Russia using crypto, and how this might encourage other nations to do the same. El Salvador Might Start […] Source CryptoX Portal

Bitcoin (BTC) & Ethereum (ETH) Investors Dump BTC & ETH For New Cryptocurrency To Regain Market Profits

In a striking shift in the cryptocurrency landscape, traditional investors in Bitcoin (BTC) and Ethereum (ETH) are increasingly reallocating their assets into newer, high-potential tokens. This article explores why investors are pivoting away from established giants like BTC and ETH and why Mpeppe (MPEPE) has emerged as a compelling alternative. The Shift from Bitcoin (BTC) and Ethereum (ETH) Traditional Titans Under Pressure Bitcoin (BTC) and Ethereum (ETH) have long been the cornerstones of the cryptocurrency world. Bitcoin (BTC), often referred to as “digital gold,” has established itself as a foundational…

Crypto-Related Stocks Slide Amid Global Market Turmoil

U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and 4.5%. This market turmoil has extended to crypto-related stocks such as Microstrategy’s MSTR and Coinbase’s COIN. The primary […] Source CryptoX Portal