The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should adjust the federal funds rate. The prevailing market sentiment suggests that the FOMC members are likely to maintain the current rate this week, with a […] Source CryptoX Portal
Category: CryptoX News
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted the contradiction between SEC Chair Gary Gensler’s statements and the agency’s actions, emphasizing the need for clear, consistent […] Source BitcoincryptoexchangeExchanges CryptoX Portal
QuarkChain price prediction | Is QKC a Good Investment?
On July 28, the QKC token’s price increased from $0.008 to $0.014. Over the past week, it’s climbed by over 28%. As of today, July 30, QKC is trading at $0.01, with a market capitalization of $70,762,113. What is the QuarkChain price prediction for the short and long term? 1-week QKC price chart | Source: CoinMarketCap What is QuarkChain As claimed, QuarkChain is working to fix some of the big problems that older blockchains face. While Bitcoin and Ethereum have nailed decentralization, they’ve had to sacrifice scalability and flexibility to…
Track-and-Field Rivalries to Watch at the Paris Olympics
A good track-and-field rivalry feels like a championship boxing match—without the violence—replete with jabbering between the combatants, showmanship at the start line, and head-to-head fights to the finish. (A popular new Netflix documentary, Sprint, examines this dynamic in-depth.) Many rivalries are quieter: athletes display outward respect and admiration for each other and do most of their talking on the track (or field). Others are not so subtle. As the second week of the Paris Games approaches – the first full day of the Olympic track-and-field competition takes place on August…
Crypto Market Slump: Key Currencies Drop Amid Rising Trade Activity
The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp, and toncoin achieved modest gains. Crypto Market Dips, Long Positions Lead to $134.65M in Liquidations Bitcoin […] Source CryptoX Portal
Pepe Unchained Rallies Past $6M in Presale as Experts Predict it Will Explode
Meme coins are everywhere these days, but Pepe Unchained (PEPU) is looking to set itself apart. This frog-themed token has just passed the $6 million mark in its presale. And by promising a Layer-2 network built just for meme coins, it’s easy to see why investors are so excited about PEPU’s prospects. Pepe Unchained Presale […] Source CryptoX Portal
Bybit Launches Digital Rupee for Secure INR Payments
The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a secure alternative for INR users on its platform. Bybit Aims to Enhance INR Payments With Launch of Digital Rupee Bybit, a digital currency trading platform, announced the introduction of the […] Source CryptoX Portal
XRP price could have a ‘mega breakout’ soon, analyst says
Ripple price has held steady this week as crypto analysts predict a big comeback in the coming days. Ripple (XRP) was one of the top-performing cryptocurrencies on Tuesday as traders focused on the Bitcoin movements by the US government. Data by Arkham showed that the government moved Bitcoin worth $2 billion into a custodial account. Therefore, Bitcoin price retreated from $70,000 to $66,000 as these movements brought memories of the recent selling by the German government, which liquidated coins worth $5 billion this month. The US is a bigger Bitcoin…
US Ethereum ETFs See Fourth Straight Day of Outflows
According to the latest data, the nine U.S.-based ethereum exchange-traded funds (ETFs) experienced their fourth consecutive day of outflows on Monday, amounting to a $98.29 million reduction. These outflows have pushed the cumulative net inflow into the negative, amounting to a sum of -$439.64 million since July 23. U.S. Ethereum ETFs Experience Continued Outflows, Driven […] Source CryptoX Portal
Polymarket Sets Position on Venezuelan Election Bet Outcome
Polymarket, the cryptocurrency-based prediction markets platform, explained its position regarding the bet on the Venezuelan presidential election. While opposition forces alleged that voting fraud had been committed, President Nicolas Maduro, who led the bet most of the time, was proclaimed on June 29 by National Electoral Council authorities. “People deserve honest answers about the future […] Source CryptoX Portal