Category: CryptoX News

SBI Clarifies XRP ETF Status With Filing Timed For Regulatory Breakthrough

XRP is surging into the spotlight as institutional demand accelerates, with SBI positioning for gold-and-crypto ETF ambitions amid mounting speculation and growing anticipation for Japan’s regulatory approval. SBI Builds XRP Ecosystem Ahead of Japan’s Potential Approval for Crypto Asset ETFs Rising institutional interest in XRP, coupled with growing market speculation over potential exchange-traded funds (ETFs) […] Source BitcoincryptoexchangeExchanges CryptoX Portal

ETH Breaks $4,000 for First Time Since December, Price Projected to Hit $10,000 This Year

Ethereum surpassed the $4,000 mark for the first time since Dec. 9, 2024, trading at $4,050 on Aug. 8. Optimism surrounds the digital asset’s potential, with one analyst predicting that breaking past $4,000 could trigger a rapid move toward $5,000 — and possibly $10,000 by year’s end. ETH Reaches Key Resistance Level Ethereum (ETH) broke […] Source CryptoX Portal

Bitcoin Banks Coming to El Salvador? Cryptic Government Post Sparks Speculation

Key Notes El Salvador may launch Bitcoin banks following cryptic signals from its National Bitcoin Office, requiring $50M capital. The nation now holds 6,263 BTC worth over $730 million with unrealized profits exceeding $228 million at record highs. Best Wallet presale reaches $14 million amid growing demand for Bitcoin infrastructure solutions in emerging markets. A cryptic post from El Salvador’s National Bitcoin Office (ONBTC) has signaled the sovereign Bitcoin  BTC$116 90524h volatility:0.5%Market cap:$2.33 TVol. 24h:$31.40 Binvestor may be preparing to launch its first Bitcoin banks. While no structural details or…

SEC’s Pro-Crypto Shift Signals Bullish Future for Digital Assets

The US Securities and Exchange Commission’s (SEC) historic shift in favor of digital assets is emerging as one of the most significant developments of the current Trump administration. Yet, investors may not fully grasp what it means for crypto adoption and its integration into the core of American financial services. That’s one of the key takeaways from recent remarks by Bitwise CIO Matt Hougan, who believes markets are underestimating the regulatory tailwinds now forming in the world’s largest economy. Project Crypto, the SEC’s initiative to modernize its approach to digital…

Sygnum Bank Adds SUI Custody and Trading for Institutional Clients

Sygnum, a Swiss digital asset bank, is expanding regulated institutional access to the Sui blockchain with new custody, trading and lending products for its professional clients. The Zurich- and Singapore-headquartered firm announced Friday it will now offer institutional-grade custody, spot and derivatives trading for SUI, alongside upcoming staking and SUI collateral-backed Lombard loans. Staking is expected to launch in the coming weeks, with loans scheduled for the fourth quarter. All SUI holdings will be kept off the bank’s balance sheet and set up to be bankruptcy remote. The move builds…

Solana Memecoin Climbs 1.7%, Faces Key Resistance

BONK, a Solana-based memecoin, advanced 1.7% in the last 24 hours to $0.00002626. The token traded within a 4% range, with a high of $0.00002645 and a low of $0.00002485, producing a $0.00000160 spread, according to CoinDesk Research’s technical analysis data model. The price rebounded from the low at 16:00 UTC on Aug. 7, moving toward the peak during the European morning on Friday. This recovery phase saw total volume surge above 1.09 trillion tokens, greater than the daily average. However, momentum stalled at $0.00002640, where repeated sell orders capped…

Ethereum Taps $3,972 as Futures and Options Activity Heats Up

Ethereum has powered higher past the $3,900 range, supported by strong derivatives market activity and heightened trading volumes. Ether Price Nears $4K With Futures Open Interest at Record High On Aug. 8, 2025, ethereum’s (ETH) market capitalization stands at $470.8 billion, representing 12.2% of the $3.87 trillion crypto economy. Over the past 24 hours, $32.5 […] Source CryptoX Portal