Category: CryptoX News

Upcoming ERC-20 token listing predicted to deliver 550% gains in January, mirroring XRP’s surge

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple seems set for another boost during the New Year’s surge as  DTX Exchange makes its investors happy with a 550% upside potential in 2025. The anticipation in the cryptocurrency market toward the New Year is rising. Ripple’s XRP price has recovered its upward trend as it reduced its fall over the past week to single digits. Many indicators hint at another dramatic rise soon. With the crypto markets…

Nearly 30% of crypto trends focused on meme coins in 2024, survey shows

2024 has seen a dramatic surge in interest in meme coins, with almost a third of investor interest focused on speculative tokens rather than fundamental projects. In 2024, one narrative appeared to dominate the crypto space more than any other: meme coins. These tokens, often deemed as dumb coins made for jokes or community-driven projects, have captured more than 30% of global investor interest, according to the latest survey conducted by crypto price aggregator CoinGecko. Top crypto trends in 2024 | Source: CoinGecko In total, the meme coin narrative claimed…

Bitget Token soars as key indicators sends a major warning

The Bitget Token price continued soaring this week even as the Santa Claus rally in the crypto industry remained elusive.  Bitget Token (BGB) jumped to a high of $4.97, meaning that it has soared by over 470% from its lowest level this year. It is unclear why this surge has happened, but it is likely because of its growing market share in the crypto industry. CoinGecko data shows that it has become the eighth biggest exchange in the industry, handling over $91 billion in volume last month.  On-chain data shows…

ESG-Focused Blockchain Trrue Secures $10M Investment Commitment From GEM Digital

Trrue, a layer-1 blockchain focused on environmental, social and governance (ESG) compliance and real-world asset tokenization received a $10 million investment commitment from GEM Digital, the company said in a press release on Tuesday. The money will be used to accelerate the development of Ireland-based Trrue’s platform, the company said. GEM Digital is a Bahamas-based $3.4 billion alternative investment group that specializes in the digital asset sector. It will receive TRRUE tokens in return for the investment. The company invests in utility tokens listed on centralized (CEXs) and decentralized exchanges…

Argentina Freezes $3.5 Million in USDT Linked to Rainbowex Amid Massive Seizure Operation

The Argentine justice system has ordered Tether, the issuer of the USDT stablecoin, to freeze over $3.5 million linked to Rainbowex, an alleged mega pyramid operation that is currently under investigation. The request comes after the execution of 22 search warrants and the detention of 10 individuals connected with these operations. Argentine Authorities Hit Rainboex […] Source CryptoX Portal

Q3 VC Funding: AI/ML Holds Strong, Fintech and Web3 See Significant Growth

The Pitchbook report shows artificial intelligence and machine learning continued to dominate early-stage venture capital investment in the third quarter of 2024. Investors Maintain Confidence in AI/ML According to Pitchbook’s Emerging Tech Indicator report, artificial intelligence (AI) and machine learning (ML) continued to dominate early-stage venture capital (VC) investment in the third quarter of 2024. […] Source CryptoX Portal

Crypto Remittances Grow In El Salvador Reaching 1% Share

The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and August, but still account for just 1% of all the volumes transferred to Salvadorans from abroad. One […] Source CryptoX Portal

What Does Nearly $14B in Expiring Options Mean for Bitcoin?

Just when you thought the year-end couldn’t get any more intriguing, a significant options expiry is set to shake things up in this highly levered-up market. Options are derivative contracts that give the purchaser the right to buy or sell the underlying asset at a preset price at a later date. A call gives the right to buy, and a put confers the right to sell. On Friday at 8:00 UTC, 146,000 bitcoin options contracts, valued at nearly $14 billion and sized at one BTC each, will expire on the…

Bitwise and CF Benchmarks Make Bold Predictions for 2025

The two companies forecasted similar trends for the new year in several key areas. Two Research-Focused Crypto Companies Agree on Major Trends for 2025 After a storybook ending to 2024, complete with a bitcoin (BTC) all-time high, crypto asset manager Bitwise and digital asset index provider CF Benchmarks, both predicted what may be in store […] Source CryptoX Portal

Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO

Binance.US expects digital assets to anchor mainstream finance in 2025, despite ongoing legal battles with the SEC that the company says have stifled innovation. Binance.US Interim CEO Reflects on Challenges, Eyes Crypto’s Future in 2025 Binance.US Interim CEO Norman Reed has shared his reflections on the platform’s challenges and growth prospects as 2025 approaches, underscoring […] Source CryptoX Portal