Category: CryptoX News

BRICS Advances Toward Independent Digital Payment Platform, Russian Official Says

The BRICS economic bloc is progressing towards a digital payment platform, Russia’s Federation Council Speaker Valentina Matviyenko has revealed. The initiative, named BRICS Bridge, aims to establish an independent financial system. This system could mitigate dependency on Western institutions, especially amid sanctions and Russia’s SWIFT disconnection. BRICS Moves Forward With Digital Payment Platform Initiative The […] Source CryptoX Portal

JPMorgan Expects Silver Prices to Soar in 2025

JPMorgan, one of the largest investment banks, has predicted that silver prices will soar in 2025, led by different factors including an increase in demand from the expected monetary shifts and silver’s value as an inflation hedge. The price action, expected to reach $36 per ounce, will also be aided by supply constraints. JPMorgan Expects […] Source CryptoX Portal

Harris campaign seeks relationship reboot with crypto leaders, Ro Khanna to host virtual event

U.S. Representative Ro Khanna is set to host a roundtable discussion between representatives from Vice President Kamala Harris’ campaign and cryptocurrency “industry leaders” on Aug. 5. According to Fox News reporter Eleanor Terrett, the event signifies a “renewed push” to “establish a fresh start with the industry.” 🚨SCOOP: CA Congressman @RoKhanna is hosting another meeting in Washington on Monday for #crypto industry leaders, Democratic politicians, and reps from the @KamalaHarris campaign. Move represents renewed push from pro-crypto Dems to establish a fresh start with the industry. — Eleanor Terrett (@EleanorTerrett)…

US spot Bitcoin, Ethereum ETFs record joint outflows for first time

CryptoX – Cryptocurrency Analysis and News Portal Spot Bitcoin and Ethereum exchange-traded funds in the U.S. recorded joint outflows for the first time on Aug. 2. Bitcoin ETFs see outflows of $237.4m The 11 spot Bitcoin (BTC) ETFs in the U.S. experienced a net outflow of $237.4… Source The post US spot Bitcoin, Ethereum ETFs record joint outflows for first time appeared first on CryptoX. CryptoX Portal

Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate

The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic. To support this assertion, Zhu highlights Solana’s ecosystem growth despite recent outages. Solana Stress Tests Lead to Upgrades and Improvements Nevertheless, in his written responses shared with […] Source CryptoX Portal

Mantra price steady as staking reward rises

Mantra token price rose slightly on Friday as its staking reward neared its all-time high and as traders prepared for the next altcoin rally. The Mantra (OM) token was trading at $1.2, up by 8% from its lowest level this week and 1,700% above the year-to-date low. This rally happened as investors predicted that Real World Asset (RWA) tokenization would be the next big thing in the blockchain industry. Mantra has positioned itself as the biggest infrastructure project for RWA. Mantra has already made some wins in the past few…

Base Dawgz presale nears $3M with experts bullish on the new memecoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Traders are turning to Base Dawgz, a multichain memecoin. Its presale has raised over $2.7M. As the crypto market teeters between fear and greed, traders are turning to the new memecoin Base Dawgz (DAWGZ). Inspired by a fun Base-jumping Shiba Inu dog, Base Dawgz is a multichain memecoin with utility. It is currently undergoing a presale, and investors can buy at a big discount today. So far, the presale…