Category: CryptoX News

Michael Saylor Is Bringing Bitcoin-Backed Money-Market-Style Vehicle to Wall Street: NYDIG

Strategy (MSTR) is pulling off some form of financial alchemy: using bitcoin, historically a volatile asset, to create something that looks a lot like stability. That’s the firm’s $2 billion “Stretch” Preferred Stock (STRC) offering offers a variable 9% dividend and is designed to keep the share price hovering near $100. The offering doesn’t give investors direct bitcoin exposure, yet it’s backed by the asset in spirit and structure, according to a recent NYDIG report. Strategy holds $71.7 billion in bitcoin and just $11 billion in liabilities, giving it room…

Here’s why Metaplanet stock price is stuck in a bear market

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What’s Next for Hyperliquid’s HYPE Token? What Wall Street and Analysts Are Saying

Michael Saylor’s controversial bitcoin treasury strategy is no longer fringe — it’s being mimicked across corporate America. According to a recent Wall Street Journal report, companies have raised more than $85 billion in 2025 to buy cryptocurrencies for their corporate treasuries — more than double the amount raised in U.S. IPOs this year. Unlike in 2020, when MicroStrategy’s Saylor stood alone in selling shares to buy bitcoin, a new wave of companies — from toy manufacturers to semiconductor firms — is executing similar strategies with institutional backing. Capital Group, Galaxy…

Bitgo Lands in Brazil, Targeting Banks Entering the Crypto Business

Bitgo, a U.S.-based cryptocurrency custody provider, recently announced the establishment of a local office in Brazil, where it will aim to acquire customers from the banking sector entering the crypto business. The company will also offer insurance options for clients using their own solutions. Bitgo Establishes a Foothold in Brazil to Serve Banks Entering the […] Source CryptoX Portal

Bitcoin Cash Surges Past $580 as Analysts Predict Breakout Toward $620–$680 Range

Bitcoin Cash (BCH) extended its recent rally on Sunday, rising 5.25% to $583.64 as of 08:54 GMT, according to CryptoX data. The token has now gained 10.5% over the past week, 15.7% over the last two weeks and 17.3% over the past 30 days. Sunday’s breakout has caught the attention of several technical analysts, who flagged bullish signs in both price action and trading structure. Analyst “CW” noted that BCH is “breaking through the sell wall” — a term traders use to describe a heavy concentration of sell orders at…

India’s Crypto Crossroads: COINS Act 2025 Offers a ‘Rights-First’ Roadmap

The Indian cryptocurrency policy is currently in “regulatory limbo” and to remedy this, the country needs to implement a “rights-first” framework that gives residents “constitutional-level” rights to self-custody assets. India’s Crypto Regulatory Impasse India’s crypto policy remains in “regulatory limbo,” with policymakers largely relying on existing statutes since the Supreme Court lifted a central bank-imposed […] Source CryptoX Portal

Is Cango a Bitmain Proxy? Here’s What I Found

CANG just became the 4th largest public Bitcoin miner by hash rate. But after a recent leadership shakeup, is it now acting as a proxy for Bitmain? We break down the ownership changes, executive ties, and industry links to uncover what’s really going on. Cango Becomes Top-4 Public Bitcoin Miner The following guest post comes […] Source CryptoX Portal

Indian Government Reveals Crypto Tax Measures to Strengthen Compliance Oversight

India is unleashing cutting-edge data analytics and forensic tech to crack down on crypto tax evasion, driving aggressive enforcement and surging digital asset revenue collection. Government Uses Data Analytics to Track Tax Evasion on Digital Assets The government of India provided an update early this week in the Lok Sabha, the lower house of India’s […] Source CryptoX Portal