CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index. The CryptoX 20 is currently trading at 3594.2, up 1.8% (+64.6) since 4 p.m. ET on Thursday. 19 of 20 assets are trading higher. Leaders: ADA (+12.0%) and ICP (+10.6%). Laggards: BTC (-1.0%) and ETH (+0.6%). The CryptoX 20 is a broad-based index traded on multiple platforms in several regions globally. Source CryptoX Portal
Category: CryptoX News
China continues to tighten crypto regulations. Do other countries take notes?
On the eve of 2025, the Chinese government released new laws heavily hurdling cryptocurrency circulation in mainland China. This was by far not the first attack on crypto by China. Is China a role model for other governments that don’t want crypto in their countries? New legal attacks on crypto in China On Dec. 31, 2024, China tightened up its crypto regulation once again. This time, the foreign exchange regulator is pushing the banks to flag all cross-border crypto-related transactions and block the parties involved from certain bank services. Now,…
Moonwalkers: The Game That Turns Movement Into Tokens
PRESS RELEASE. Moonwalkers is revolutionizing the intersection of gamification and blockchain technology, blending innovation and expertise to create an immersive experience. Whether you’re a tech enthusiast or a casual gamer, this project offers an opportunity to combine gaming, fitness, and blockchain. By turning your steps into $MW tokens, Moonwalkers creates a world where every movement […] Source CryptoX Portal
Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives
In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices and the Fed’s easing measures were insufficient for traders to maintain their gold positions, as these funds experienced a decline of over 2.5% in their […] Source BitcoincryptoexchangeExchanges CryptoX Portal
BlackRock’s IBIT bleeds $332m in record daily outflow from the BTC ETF
BlackRock’s iShares Bitcoin Trust (IBIT) recorded its highest single-day outflow on Jan. 2, as the 12 Bitcoin exchange-traded funds collectively experienced $242.3 million in outflows when trading resumed in the U.S. According to data from SoSoValue, BlackRock’s spot BTC ETF recorded $332.62 million in outflows on Thursday marking its largest-ever outflow day since its launch on Jan. 11, 2024. The outflows seen by the BTC ETF extended their outflow streak to three consecutive days marking another record, which saw $392.6 million withdrawn from the fund. The recent outflows may be…
Crypto scam victim files $3m lawsuit against three Asian banks
Three Asian banks are being sued after they allegedly failed to protect a customer from a $1 million crypto scam by neglecting basic Know Your Customer and Anti-Money Laundering checks. Ken Liem, a resident of California, has filed a lawsuit against three banks, namely Hong Kong-based Fubon Bank Limited and Chong Hing Bank Limited, alongside Singapore-based DBS Bank, after crypto scammers duped him out of nearly $1 million through accounts hosted by these banks. Pig butchering scams involve manipulating a victim by pretending to be a romantic interest or a…
Dogecoin predicted to hit $20 but this crypto could outperform it
While Dogecoin is predicted to reach $20, Rollblock’s GambleFi tech could deliver even bigger returns in 2025. Trump’s presidency has positioned the crypto market for a major rally at the close of 2024. One decision, however, gave Dogecoin an edge over other coins: the establishment of the D.O.G.E. department in collaboration with Elon Musk. This department ignited Dogecoin’s surge, making it one of the top performers of 2024. Despite this, analysts predict that Rollblock is set to outshine Dogecoin in 2025. Rollblock: Revolutionizing the $450B gambling sector through crypto Rollblock’s…
Blockchain company Spirit announces Dogecoin yield generation strategy
Spirit Blockchain Capital, a blockchain-focused investment firm publicly traded on the Canadian Securities Exchange, has announced a yield generation strategy targeting its Dogecoin holdings. The announcement follows Spirit’s recent acquisition of Dogecoin Portfolio Holdings Corp., a blockchain startup focused on Dogecoin (DOGE) and related assets. Dogecoin Portfolio Holdings operates independently of the meme coin’s core blockchain operations but manages a portfolio aimed at creating value within the Dogecoin ecosystem. Spirit Blockchain Capital’s operations include cryptocurrency investments, blockchain advisory and consulting, crypto mining, and lending. The Dogecoin initiative forms part of…
Dogecoin price stalls as DOGE ETF approval odds fall
Dogecoin price remained in a tight range this week as Polymarket odds for a potential DOGE ETF declined. Dogecoin (DOGE), the largest meme coin, rose by about 6% on Dec. 2, bringing its seven-day gains to 7.5%. However, the momentum may reverse as a Polymarket poll shows that the odds of the Securities and Exchange Commission approving a spot DOGE ETF this year dropped to 26%, down from a high of 50% last week. In contrast, Polymarket users expect that the SEC will approve a Solana (SOL) ETF later this…
2025 Kicks Off With Big Wins on Wall Street for Bitcoin Miners
It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Bitcoin Miners Ride High: Top Seven Firms by Market Cap Post Gains Currently, bitcoinminingstock.io lists around […] Source CryptoX Portal