Category: CryptoX News

Bitcoin Price (BTC) News: $117K Retaken on Thursday

Having tumbled to below $112,000 at one point a few days ago, bitcoin has returned above $117,000 in late after U.S. trading Thursday, for now retaking the range it had been in for most of July. First giving a boost the crypto market overnight was news about President Trump’s intention to sign an executive order allowing crypto (among other assets) in 401(k) retirement plans. The push above $117,000 occurred late in the U.S. trading session Thursday on news of the nomination of Stephen Miran to replace the departing Andrea Kluger…

ATOM Surges 3% as Cosmos Ecosystem Gains Exchange Support

CryptoX Analytics is CryptoX’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CryptoX Analytics is undergoes human editing by CryptoX’s editorial team before publication. The tool synthesizes market data and information from CryptoX Data and other sources to create timely market reports, with all external sources clearly attributed within each article. CryptoX Analytics operates under CryptoX’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about…

From Blockchain to Space: HTX Leads GM Vietnam 2025, Justin Sun’s New Web3 Journey Takes Flight

PANAMA CITY, Aug. 7, 2025 /PRNewswire/ — HTX, a leading global crypto exchange, made a notable appearance at GM Vietnam 2025 – Vietnam Blockchain Week, held from August 1–2, 2025. As a proud sponsor of the Business Networking Zone, HTX showcased its forward-looking global strategy and reaffirmed its position as a key influencer in the Web3 industry. The Rise of Stablecoins:From Crypto Instruments to Global Financial Infrastructure During a key panel discussion titled “Stablecoin – The Most Viable Use Case for Crypto Adoption,” Alec Goh, Head of HTX Ventures, was a…

NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binance’s BUSD

New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in its compliance and anti-money laundering programs, including a past partnership with global crypto exchange Binance, according to a Thursday announcement. In addition to the fine, Paxos agreed to spend another $22 million improving its compliance program to bring it up to snuff with the New York Department of Financial Services’ (NYDFS) standards. “The Department of Financial Services has led the nation in regulating the virtual currency industry, protecting consumers and…

Salomon Brothers Say It Has Completed Process of Notifying ‘Abandoned’ Crypto Wallets

The revived Salomon Brothers announced on Thursday that it has completed the process of inserting OP_Return notices to bitcoin (BTC) wallets assumed to have been abandoned. According to a press release shared with CryptoX, the New York-based investment bank are sending the notices to prevent “rogue states and criminal organizations with significant resources” from potentially accessing these wallets in future. The process itself has created a wealth of debate, with speculation suggesting the Salomon Brothers have ties to people like Craig Wright. “[They] are using Bitcoin’s own infrastructure as a…

Savvy Mining users earn daily by activating BTC miners with XRP

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Is ‘Simple’ Regulation a Risk? Experts Debate White House’s Crypto Recommendations

The recent White House report on digital assets emphasizes the need for the CFTC to have clear authority over spot markets for ‘non-security’ digital assets. Experts express skepticism about the CFTC’s ability to effectively manage both the U.S. derivatives market and the crypto sector. Recommendations for Regulatory Clarity The recently released White House report on […] Source CryptoX Portal

Pierre Poilievre Reaffirms Stance Against Canadian CBDC

Canadian Conservative Party leader Pierre Poilievre once again slammed plans by the Bank of Canada to create a central bank digital currency (CBDC) in a video published Sunday where the 46-year-old politician can be seen answering questions from constituents in an intimate setting. In the video, a local farmer expresses concerns over the implementation of […] Source CryptoX Portal