This week, digital currency company Crypto.com made a splash with several announcements. Among them was a partnership with the Salvation Army, coinciding with the busy holiday season of Christmas donations. On top of that, the company debuted its very first sports event trading product and launched its U.S. trust entity, the Crypto.com Custody Trust Company. […] Source CryptoX Portal
XRP dropped 3% in the past 24 hours, leading losses among major tokens as bitcoin (BTC) started the festive week in the red and Japanese bitcoin accumulator Metaplanet (3350) announced its biggest purchase. The Tokyo-listed company said it bought a record 619.70 BTC for 9.5 billion yen ($61 million) in a move that lifted its BTC holdings by 54%. BTC is still 1.5% lower over 24 hours, CoinGecko data shows, with ether (ETH), Cardano’s ADA, Solana’s SOL and dogecoin (DOGE) all down as much as 2%. Chainlink’s LINK and Tron’s…
UAE’s first crypto-listed company, Phoenix Group, plans NASDAQ dual-listing. Phoenix Group, the first cryptocurrency company in the UAE to be listed on the Abu Dhabi Stock Exchange (ADX), is planning to dual-list on the Nasdaq in 2025 to expand its worldwide footprint. Founded in 2017 and based in Abu Dhabi, the company made history in October 2023 when it was registered on the Middle Eastern stock exchange as the first private cryptocurrency and blockchain organization. With government-supported programs creating a flourishing digital economy, the UAE is quickly becoming a center…
President-elect Donald Trump announced over the weekend that he is appointing Stephan Miran, a former Treasury official from the first Trump White House, and current economist with Hudson Bay Capital Management, to chair the Council of Economic Advisors (CEA). The CEA’s role is to advise the president on economic issues, including evaluating the effectiveness of federal policies and programs, analyzing economic trends, and crafting recommendations to foster growth and stability. Miran has long been an advocate for crypto, recently appearing on Blockworks’ Forward Guidance podcast. He has previously tweeted about…
Crypto owners risk losing everything by accepting assets via shared private keys or pre-configured wallets, warns Binance’s former CEO, CZ, emphasizing the danger of shared access. CZ Cautions Crypto Users—A Simple Transfer Could Empty Everything Changpeng Zhao (CZ), former CEO of crypto exchange Binance, issued a cautionary message to cryptocurrency holders, emphasizing the dangers of […] Source CryptoX Portal
Ripple’s XRP has managed to maintain its position above $2, despite an 8.2% dip against the U.S. dollar this week. Over the weekend, massive onchain XRP transactions caught attention, and the network’s stablecoin, RLUSD, reached a market valuation of $53 million. Whale Alerts Pop Recent weeks have seen XRP make substantial strides, fueled by speculation […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market rebounds, with select coins set for major gains as investor confidence rises. The cryptocurrency market is brimming with opportunities as prices rebound from recent declines, setting the stage for a potential bull run. While seasoned assets slowly recover, a select group of digital coins stands out, poised for substantial gains as investor confidence returns. This article takes a closer look at the top cryptocurrencies capturing attention,…
Imagine Pokémon Go but with NFT ownership, token rewards, and social media integration—welcome to Infomon, a revolutionary Web3 game that brings AR to the blockchain. Quick Recap from OpenSeason Openseason by Fractional Uprising Studios combines third-person shooter action with Web3 technology. Released in Open Beta on January 5, 2024, via the Epic Games Store, it […] Source CryptoX Portal
PRESS RELEASE. Innovation and momentum are the cornerstones of Lightchain AI’s groundbreaking rise in the cryptocurrency ecosystem. Just 72 hours—that’s all it took for Lightchain AI to raise a staggering $1.1 million in its Stage 7 presale. Now, the project is blazing forward in Stage 8, having secured a total of $3,723,001.397 and counting at […] Source CryptoX Portal
Over the past month, the stablecoin market has swelled over $200 billion, and two fiat-backed tokens have experienced eye-catching expansions. Ethena’s yield-generating stablecoin, USDE, has grown rapidly, now approaching 6 billion in supply. Meanwhile, Usual’s USD0 supply has crossed the 1 billion threshold. Ethena’s USDE and Usual’s USD0 Shake Up a $204B Stablecoin Market December […] Source CryptoX Portal