Category: CryptoX News

Prediction Markets Have a Gambling Problem

Prediction market platforms Polymarket and Kalshi spend a lot of time and money convincing regulators they’re not gambling. Outside of the U.S. authorities are viewing prediction markets as synonymous with gambling. Taiwan, France, and now Singapore have all made moves to block users from accessing Polymarket at the ISP level, calling the prediction market platform an unlicensed gambling operation of some sort. Prediction markets are investment tools, where traders take a position on the outcome to a question. Parties and counter-parties have differing opinions on how to price the the…

US, Japan, and South Korea warn web3 firms about hiring IT workers from North Korea

In a joint statement, the U.S., Japan, and South Korea highlight the growing threat posed by North Korean cyber actors to the global crypto sector. The United States, Japan, and South Korea have warned the blockchain industry about North Korean cyberattacks that could destabilize the global financial system. In a joint public statement on Jan. 14, the Japanese government pointed out that groups like the Lazarus Group are targeting exchanges and investors to steal crypto. The governments highlighted North Korean hackers using social engineering tactics, such as malware like TraderTraitor…

Sony Announces Web3 Content Strategy Utilizing Soneium

Sony, the Japanese electronics and entertainment giant, has announced the launch of a comprehensive Web3 content strategy utilizing Soneium, its in-house developed Ethereum Layer 2 platform. Sony to Host Exclusive Content on Soneium Blockchain Sony, the multi-billion media and electronics company, is finally embracing blockchain in its distribution apparatus. With the recent launch of Soneium, […] Source CryptoX Portal

Top 3 cryptos under $5 that will make $5000 from $50 in next 5 months

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Bitcoin’s rise, three cryptos under $5, Rexas Finance, Shiba Inu, and Dogecoin, could turn a $50 investment into $5000 in the next five months. Cryptocurrency remains a high-risk, high-reward investment avenue. Many cryptos under $5 have exponential potential as Bitcoin keeps rising toward unprecedented heights. Among those are Dogecoin (DOGE), Shiba Inu (SHIB), and Rexas Finance (RXS). Because of their special qualities, these tokens could turn a meager…

FDIC Vice Chairman Denounces ‘Choke Point-Like’ Tactics

The comments were part of a speech on Friday titled “Charting a New Course.” Did the FDIC Just Confess to Crypto Debanking? Federal Depositary Insurance Corporation (FDIC) Vice Chairman Travis Hill delivered a speech on Friday condemning the agency’s “Choke Point-like tactics” and urging the organization to take “a new approach to digital assets.” Hill’s […] Source CryptoX Portal

Big money investors favor these 10 tokens to turn $100k into $10m

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Big-money investors are eyeing tokens like Rexas Finance, XRP, and Solana, with the potential to turn $100,000 into $10,000,000 during the 2025 bull run. As digital assets threaten traditional finance, big money investors seek a restricted selection of tokens with huge rewards. Early visionaries might turn $100,000 into $10,000,000. Institutional attention is focused on these 10 coins, which offer unique innovations, real-world utility, and bullish momentum. These tokens represent…

Bitcoin Loses $93K as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report

Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate cuts following Friday’s strong jobs report. The leading cryptocurrency by market value dipped below $93,000 during the European hours, representing a 1.6% drop on the day, according to data source CryptoX. Prices looked set to test the support zone near $92,000, which has consistently acted as a floor since late November. The CryptoX 20 Index, a broader market gauge, was down over 3%, with major coins like XRP,…

5 hidden gems that could turn $1,000 into $1 million by mid-2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Discover five undervalued cryptocurrencies with immense growth potential that could deliver extraordinary returns by mid-2025. Uncovering undervalued cryptocurrencies with immense growth potential can lead to extraordinary returns. This article explores five obscure digital tokens that may experience significant value increases by mid-2025. Investing a modest sum now could transform into a substantial fortune. Discover which assets could become the next major success stories in the crypto market. Trump’s victory…

XRP meme coin PHNIX pumps 50%; UFD shows a similar pump

As the overall crypto market struggles to reclaim a bullish stance, XRP meme coin PHNIX has pumped over 50%. In the last 24 hours, while Bitcoin (BTC) and Ethereum (ETH) have shown clear signs of struggle to reclaim a bullish stance, a few lesser-known coins have pumped double digits. One of the top gainers, as per CoinGecko’s list, is Phoenix (PHNIX). PHNIX is an XRP (XRP) meme coin that has pumped from a 24-hour range of $0.00004662 to as high as $0.0000698. PHNIX 24H price chart | Source: CoinGecko Crypto…

Ethereum Meets Artificial Intelligence With Lightchain AI

PRESS RELEASE. The blockchain world is gaining a revolutionary new player, and it’s set to transform the way we view both Ethereum and artificial intelligence. Meet Lightchain AI, a groundbreaking project that blends Ethereum’s powerful decentralized ecosystem with cutting-edge AI technology. Launching near the end of January, Lightchain AI is paving the way for a […] Source CryptoX Portal