Category: CryptoX News

It’s Crypto Week. Congress Can Future-Proof the U.S. Financial System: Summer Mersinger

When Congress established the Securities and Exchange Commission in 1934, it was responding to myriad failures of an antiquated financial system. The regulatory architecture that emerged provided the foundation for nearly a century of American financial dominance. Today, Congress faces a comparable moment: the opportunity to modernize America’s financial infrastructure for the digital age. Two pieces of legislation now before lawmakers, the GENIUS Act on stablecoins and comprehensive market structure reform, represent more than incremental policy adjustments. Together, they constitute America’s response to a fundamental shift in how money moves…

US Crypto Week kicks off with ‘Dictator’ stablecoin amendment on the table

The House of Representatives is set to vote on three crypto-related pieces of legislation before Congress goes on recess. The US House of Representatives is scheduled to consider amendments to three crypto-related bills this week addressing central bank digital currencies (CBDCs), digital asset market structure and payment stablecoins. On Monday, the Republican-led House Committee on Rules will meet to discuss the Anti-CBDC Surveillance State Act, the Digital Asset Market Clarity (CLARITY) Act and the Guiding and Establishing National Innovation for US Stablecoins Act,…

Platform Poised to Gain From U.S. Stablecoin Regulation

Native token of decentralized finance (DeFi) lending platform Aave surged to its strongest price in several months on Monday The bluechip DeFi token topped $330 during the session before cooling off at $316, gaining 8% over the weekend. The rally came as the DeFi sector is heating up amid a broader crypto rally, with bitcoin conquering fresh records above $120,000. Aave is the dominant player in DeFi lending, and has just hit $50 billion in deposits on the protocol, a fresh record level. The platform also poised to be one…

Digital Currency Group’s Grayscale Plans Public Listing

Grayscale Investments confidentially submitted a draft registration statement for a U.S. initial public offering (IPO) to the Securities and Exchange Commission (SEC) on July 14, 2025. The digital asset management firm, a subsidiary of Digital Currency Group, aims to become a publicly traded company. Grayscale Files Draft Registration for U.S. Initial Public Offering The Form […] Source CryptoX Portal

Grayscale Submits Confidential IPO Filing with US SEC

Cryptocurrency-focused asset manager and exchange-traded fund (ETF) issuer Grayscale joined a growing list of crypto companies seeking to launch IPOs in the United States. On Monday, Grayscale said it had filed to list its company shares with the Securities and Exchange Commission (SEC) under a new clause that enables confidential filings ahead of a final public offering. Entering public markets would enable Grayscale to seek more funding opportunities through strategies such as public stock offerings, which was leveraged by Michael Saylor’s Strategy, or convertible note offerings, such as GameStop’s $2.25…

Strategy Adds $472M in BTC, Now Holds Over 600,000 Bitcoins

On Monday, Strategy founder Michael Saylor announced that his company purchased another 4,225 BTC to add to its stash. Strategy, the bitcoin and business intelligence (BI) firm, has acquired 4,225 BTC, according to an X post from the company’s founder, Michael Saylor. The news follows the subtle hint he gave on Sunday, which showed the […] Source CryptoX Portal

High-Risk Trader’s $334M Short Positions Wiped out as BTC Surges Past $123,000

On July 14, a high-risk trader incurred significant losses as $334 million in short bets were liquidated within three hours. High-Risk Trader’s Losses Draw Comparisons to James Wynn A high-risk trader known as Falllling had massive short bets worth $334 million liquidated in just three hours. According to the crypto analytics firm Lookonchain, the liquidated […] Source CryptoX Portal

Bitcoin Creator Is (Almost) the World’s 10th Richest Person

Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…

Aptos’ APT Gains 4.5% Following High Volume Bullish Breakout

Aptos’ APT (APT) climbed as much as 4.5% in the last 24-hours. The token exploded higher at 01:00 UTC on massive volume of 1.64 million units, 29% above the daily average, according to CoinDesk Research’s technical analysis model. The model showed price spikes from $4.97 to $5.06 in single hour, establishing $4.96 as new support floor. The rally extended through 04:00 UTC, hitting a $5.20 session peak, the model showed. The rally in Aptos came as the wider crypto market also rose, with the broader market gauge, the CoinDesk 20,…

Stablecoin Infrastructure Startup Zerohash Nears Unicorn Status With $100M Funding Round

Zerohash is reportedly nearing a $100 million funding round that could value the company at nearly $1 billion. Zerohash Nears Unicorn Status Zerohash, a crypto and stablecoin infrastructure startup, is reportedly close to raising approximately $100 million in a funding round that would value the company at nearly $1 billion. According to a report citing […] Source CryptoX Portal