JD Vance has held Bitcoin for years, criticized Gary Gensler and the SEC, and pushed for pro-crypto policies. In November, he could be a heartbeat away from the presidency. After a shocking assassination attempt on Saturday, a defiant Donald Trump has returned to the campaign trail — and was pictured with a bandaged ear while attending the Republican National Convention in Wisconsin. Now formally nominated as the party’s nominee in November’s presidential election, his first order of business was to select a running mate. Trump duly announced that Ohio senator…
Category: CryptoX News
Forbes Predicts 1700% Shiba Inu Coin Price Rally, Could Shiba Shootout Also Explode?
Shiba Inu has once again captured the spotlight with the token seeing a significant price rise with the recent market uptick. According to a recent Forbes report, the popular meme coin is projected to grow much further and experience a staggering 1700% price rally into 2025. As the market buzzes with optimism, it’s clear that […] Source CryptoX Portal
US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says
The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for at least three of the eight proposals set to launch next Tuesday. Issuers of these spot ether ETFs have been working with the SEC to […] Source CryptoX Portal
China’s Economic Influence Noted by Majority in 35 Countries, Pew Survey Shows
A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech Republic, Egypt, France, Germany, Ghana, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Jordan, Kenya, Malaysia, Mexico, Netherlands, Nigeria, Pakistan, Philippines, Poland, South Africa, […] Source CryptoX Portal
Ethereum to Dominate Bitcoin Soon after US ETF Approvals
CoinspeakerEthereum to Dominate Bitcoin Soon after US ETF Approvals As the launch of the spot Ethereum ETF nears, institutional players are closely observing the ETH price action. In its latest report, Kaiko showed strong optimism on Ethereum’s future market performance. Kaiko predicted that Ethereum could outperform Bitcoin with the upcoming launch of the spot Ethereum ETFs scheduled within the next two weeks. Not only Ethereum, Kaiko believes that the development will catalyze the broader market momentum leading to greater institutional inflows. The Kaiko Research report specifically focuses on Ethereum’s market…
Analyst Predicts 4,000% ‘Uphill Run’
Popular analyst Javon Marks projects a significant 44X increase in Filecoin (FIL), therefore transforming the token from its present value of $4.40 to $190. Related Reading This daring prognosis that he calls an “uphill run” has attracted the interest of the bitcoin community. Based on careful technical study and a hopeful perspective of the future of the market, this ambitious projection shows a startling 4310% growth. Technical Discovery Sparks Hope Marks’ faith in Filecoin’s promise derives from a recent technological discovery. Marks underlined in his most recent study posted on…
Metaplanet bolsters Bitcoin reserves with another purchase of 21.8 BTC
Japanese public company Metaplanet keeps buying Bitcoin for its “strategic treasury reserve asset.” Japanese investment firm Metaplanet Inc., based in Tokyo, has spent an additional $1.26 million to buy more Bitcoin (BTC), increasing its holdings beyond 200 BTC as the largest cryptocurrency by market capitalization soared above $63,000. In a regulatory filing, Metaplanet disclosed the acquisition of 21.877 BTC for ¥200 million yen (approximately $1.259 million), averaging $57,623 per BTC. The latest purchase raises the firm’s total Bitcoin reserves in its “strategic treasury reserve” to over 225.6 BTC. The purchase…
Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice
John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017 and January 2018, Bigatton promoted Bitconnect through seminars and social media, claiming significant returns on […] Source CryptoX Portal
Mining Company CEO Claims Silver Deficit Is Growing, Institutions Might Drive Prices Higher
Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, discussed the silver production deficit in today’s precious metals markets. Neumeyer stated that while retail investors are interested in silver, institutions have to enter the market, supporting the activity of these extractive companies needed for many industrial purposes. Silver Prices Poised to Rise if […] Source CryptoX Portal
Uganda Presents Purchase Plan to Return to the Gold Standard
Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support their activities and reduce raw gold imports. Uganda Eyes Gold Standard Backing […] Source CryptoX Portal