Category: CryptoX News

US SEC Commissioner Slams Agency’s Statement on Liquid Staking: “Muddies the Waters”

US SEC Commissioner Caroline Crenshaw sharply criticized a staff statement released on Tuesday by the regulator’s Division of Corporation Finance that praised the SEC’s position on liquid staking activities, saying it created more confusion than clarity. “Some things are better left unsaid,” began Crenshaw’s rebuttal, in which she argued that the staff statement “only muddies the waters” by relying on unverified assumptions. Crenshaw said the statement creates a “wobbly wall of facts without an anchor in industry reality,” warning liquid staking entities to proceed cautiously: “Caveat liquid staker.” The SEC…

Polygon Holds 3% Advance, Outperforming Broader Market

Polygon (POL) rose 9% in early U.S. morning trading hours from $0.206 to $0.225 before selling emerged in the afternoon, CryptoX Analytics data shows. The token saw significant volatility overnight as volume surges to 708,489 and 804,401 units, crushing the 24-hour average of 410,606, before heavy selling pressure emerged, establishing critical resistance for near-term action. POL is currently trading at $0.221, up about 3% over the past 24 hours. It is outperforming the broader market as tracked by the CryptoX 20 Index, which…

U.S Neobank Slash Debuts Stablecoin with Stripe’s Bridge for Global Business Payments

Slash, a San Francisco-based neobank for businesses, launched a payments and treasury platform powered by a new U.S. dollar stablecoin issued by Stripe’s Bridge on Tuesday. The product, called the Global USD Account, is aimed at companies seeking U.S. dollar access and cross-border payments without a U.S. bank account. It introduces Slash’s own stablecoin, USDSL, which lets users store, send and receive dollars or stablecoins in one account, the company announced. The setup aims to shorten settlement times and remove foreign exchange fees for cross-border payments to U.S. suppliers, the…

Report: Trump’s Draft Executive Order Would Fine Banks Over Bias Against Crypto Firms, Conservatives

The Wall Street Journal reports that President Donald Trump has allegedly prepared a draft executive order warning banking regulators and financial institutions that they could face disciplinary action if they discriminate against conservatives or crypto companies. An Alleged Executive Order Puts Banks on Notice Over Political, Crypto Bias A Wall Street Journal (WSJ) exclusive report […] Source CryptoX Portal

Barry Silbert Returns as Chairman as Grayscale Investments Expands Management Team and Board

Grayscale Investments announced a strategic expansion of its management team and Board of Directors, as the company enters a new phase of growth. The firm has appointed four seasoned executives: Diana Zhang as Chief Operating Officer, Ramona Boston as Chief Marketing Officer, Andrea Williams as Chief Communications Officer, and Maxwell Rosenthal as Chief Human Resources […] Source CryptoX Portal

Bitcoin’s Long-Term Bullishness Evaporates From Options Market as Inflation Concern Rises

The bitcoin (BTC) bull, once confidently gazing into the future, is reconsidering its long-term bullish conviction. That’s evident from the 180-day skew, measuring the difference in implied volatility (pricing) between Deribit-listed out-of-the-money call and put options. The metric has recently retreated to zero, according to data source Amberdata, indicating that long-term market sentiment has shifted from bullish to neutral. The shift comes as some analysts warn of a bear market in 2026. A similar reset occurred at the onset of the previous bitcoin bear market, according to Griffin Ardern, head…