The Japan Financial Services Agency (FSA) announced that it has launched an initiative to support the yen-based stablecoin joint venture launched by the country’s major banks. Summary Japan’s Financial Services Agency has launched the Payment Innovation Project to promote blockchain-based payment systems, beginning with a major stablecoin initiative launched by major banks like MUFG, SMBC and Mizuho. Japan’s FSA has been tightening its regulatory oversight of the crypto sector, proposing new rules on crypto lending and insider trading to enhance investor protection and market integrity. According to a recent press…
Category: CryptoX News
Binance Founder CZ Finishes Editing Memoir, Mentions Jail Details
Binance founder Changpeng “CZ” Zhao said his upcoming memoir is nearly complete, revealing it includes details about his time in prison following his 2023 legal troubles. Binance Chief-Turned-Author Says His Memoir Pulls No Punches Changpeng Zhao, better known as CZ, said on Saturday that he’s wrapping up the final edits on his forthcoming memoir. “Spent […] Source CryptoX Portal
Zcash now 2nd largest holding for Arthur Hayes family office
The Zcash price rally has made the privacy coin the second-largest crypto holding for Maelstrom, Arthur Hayes’ family office. Summary Arthur Hayes says Zcash now ranks second in his family office’s crypto portfolio. ZEC price gains have helped push the privacy coin into the spot behind Bitcoin. The altcoin’s price has skyrocketed in recent weeks as the privacy narrative picks momentum. Arthur Hayes announced on November 7 via X that the recent surge in the altcoin’s price has pushed it into second place among Maelstrom’s largest and most liquid cryptocurrency…
Binance CEO Declares Crypto Mainstream, Sees ‘Very Bullish’ Trend
Crypto’s rapid evolution into the financial mainstream is gaining unstoppable momentum, fuelled by surging institutional demand and growing regulatory clarity that’s setting the stage for the next global wave of digital asset expansion. Binance Chief Predicts Powerful Crypto Upswing With Mainstream Adoption Rising Binance chief executive Richard Teng reaffirmed the growing mainstream acceptance of digital […] Source CryptoX Portal
Korean Investors Ditch Bitcoin for AI Chips as Stock Market Soars
For years, South Korea was the global heartbeat of crypto speculation. It became the place where digital coins traded at a premium, and where retail investors moved markets overnight. The “Kimchi Premium” became shorthand for a national obsession: Rampant and frenetic trading activity unrivaled by any region across the globe. But by late 2025, the story has reversed. The same traders who once hunted for the next altcoin gem on Upbit are now glued to Korean stock exchange tickers, swapping meme tokens for memory chips and high-bandwidth semiconductors. The crypto…
XRP Stumbles at $2.28: Is the Party Over or Just Getting Started?
XRP opened Nov. 8, 2025, with more fizzle than sizzle. Now sitting at $2.28, it’s dragging its heels after a 2.1% drop today and a weekly slide of 9.2%. With a $136 billion market cap, $3.33 billion in trading volume, and an intraday stretch between $2.25 and $2.36, this digital diva is now 37.6% off […] Source CryptoX Portal
ETH breaks below key level, shifting interest to ADA and this low-cap DeFi gem with massive growth prospects
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum may retest lows as Cardano eyes rebound; new DeFi token TAP, dubbed one of the best crypto to buy. Summary Ethereum dips to $3,200 as altcoins like Cardano and new token TAP spark hopes for a faster market rebound. Digitap has so far raised $1.4m in presale, and investors eye up to 5,000% gains amid growing PayFi buzz. It’s token bridges DeFi and TradFi with Visa-like crypto spending,…
Crypto Wrap: ‘OG’ Whale Dumping and US Investor Flight Blamed for Crypto’s $260 Billion Contraction
Bitcoin fell below the $100,000 mark twice in a turbulent week, losing nearly 8% and dragging the broader crypto market down by over $260 billion to a $3.51 trillion valuation. BTC Fails to Hold Key Support In a volatile week that saw bitcoin ( BTC) slip below the critical $100,000 threshold not once but twice, […] Source CryptoX Portal
GTA delay shocks fans, ZEC and other privacy coins surge, Kazakhstan fund stirs curiosity: Santiment
Blockchain analytics firm Santiment has identified five major topics generating the highest social interest on Friday. Privacy coins led discussions after Zcash surged past $730 to reach a seven-year high. Summary Zcash soared to $730, reaching a seven-year high and a $10B market cap this week. Bitcoin dropped 7% as privacy coins like Zcash, Dash, and Monero outperformed. GTA 6’s 2026 delay hit Take-Two stock, adding to market volatility. At the same time, Rockstar Games’ Grand Theft Auto VI delay caused a 10% drop in Take-Two Interactive shares. Bitcoin (BTC)…
Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg
The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped 7.91%. To make matters spicier, two stablecoins also lost their dollar composure, wobbling off their $1 targets like rookies at a balancing act. Stablecoin Watch: […] Source CryptoX Portal