Category: CryptoX News

Bybit’s $1M EthicHub Investment shifts 100 tons of LATAM coffee to higher-value markets

DUBAI, UAE, July 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is reporting significant progress in its strategic partnership with EthicHub, a project supported by Blockchain for Good Alliance (BGA), focused on improving financial inclusion and market access for small holder coffee farmers. During ETHCC week in Paris, Ben Zhou, Co-founder and CEO of Bybit met with EthicHub co-founders Jori Armbruster and Gabriela Chang Valdovinos to review the impact of Bybit’s $1 million liquidity investment, announced earlier this year. The collaboration aims to empower rural communities…

SharpLink Hires BlackRock Veteran After $2B BitMine ETH Buy

Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up. Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday. In his new role at Sharplink, Chalom will be responsible for shaping and executing SharpLink’s global strategy in public markets and Ethereum-based digital infrastructure, his LinkedIn page reads. Chalom’s arrival at Sharplink comes amid BlackRock’s iShares Ethereum Trust (ETHA) becoming the third fastest exchange-traded fund (ETF)…

Analysts Predict $8 Ether Price as ETH Follows Global M2 Money Supply Expansion

Key takeaways: Analysts say Ether is undervalued and should be above $8,000, as global M2 money supply hits a record $95.58 trillion. A falling Bitcoin dominance adds fuel for ETH bulls, with Bitcoin’s market share dropping 8.5% since June 27. Analysts say Ether (ETH) is undervalued and “should be trading above $8,000” as global liquidity, measured by broad money supply (M2), hit a new record high of $95.58 trillion on Friday. ETH price following M2 breakout Global liquidity supply, or M2, aggregates US dollar-adjusted liquidity from major economies including the…

Public Shell Firms Ramping Up Altcoin Buys Draws Skepticism: FT

A number of public companies may be about to build hoards of altcoins in an attempt to pump their share prices. Such companies are attempting to replicate the model mastered by Michael Saylor’s Strategy (MSTR) which has now accumulated 2.9% of all the bitcoin (BTC) that will ever exist. Since it embarked on its BTC treasury strategy in 2020, MSTR share price has increased by over 3,000%. The bitcoin treasury strategy has been copied by a string of different companies and in recent months there has been several doing something…

Bitcoin Whale Bets $24M on BTC Rally to $200K as Price Retests $115K.

Key takeaways: A whale bet $23.7 million targeting Bitcoin at $200,000 by year-end, signaling strong bullish conviction. Analysts say Bitcoin remains bullish, but $115,000 will be key for uptrend continuation. Bitcoin (BTC) took out bid liquidity on Friday as an unknown trader made a significant bullish bet targeting a BTC price of $200,000 by the end of the year.  BTC/USD four-hour chart. Source: Cointelegraph/TradingView Whale bets $23.7 million on much higher BTC prices Data from Cointelegraph Markets Pro and TradingView showed BTC/USD slicing through nearby resistance to hit $114,960. As…

Crypto Exchange OSL Group Raises $300M Ahead of Hong Kong’s Stablecoin Regulation Plan

Hong Kong-based cryptocurrency exchange OSL Group has raised $300 million in an equity sale. OSL, which was the first exchange to win a license from the Hong Kong Monetary Authority (HKMA), said it will use the new capital to develop new business initiatives, such as building payment and stablecoin services. Hong Kong will start allowing stablecoin issuance under a new regulatory regime taking effect at the start of August. It is in the process of unveiling a range of policies for the regulation…

Experts: Access to 401(k) Capital Could Cement Crypto’s Entry Into Mainstream Financial Infrastructure

Experts say reports that the Trump administration is considering opening 401(k) plans to alternative assets—including cryptocurrencies—reflect a maturation of the digital asset industry. Formal Recognition and Maturation The Trump administration’s reported plans to open the $9 trillion U.S. retirement market to alternative assets, including gold and cryptocurrencies, are seen as recognition that the management of […] Source CryptoX Portal

StablecoinX Launches With $360 Million Backing for Ethena Treasury

TLGY Acquisition Corp. will merge with SC Assets to create StablecoinX, a company focused on building an ENA treasury. Backed by $360 million in PIPE financing, the venture aims to secure a major stake in Ethena’s stablecoin ecosystem. ENA Treasury to be Powered by StablecoinX Through $360 Million Funding TLGY Acquisition Corp. has announced the […] Source CryptoX Portal

SEC Seeks Candidates for All 5 Audit Oversight Board Seats

The U.S. Securities and Exchange Commission has officially launched its search for five new members, including the chairperson, to lead the Public Company Accounting Oversight Board (PCAOB) in a pivotal period of fiscal scrutiny and investor protection. SEC Chairman Paul S. Atkins announced the opening of the nomination process for all five PCAOB seats, with […] Source CryptoX Portal