Category: CryptoX News

NEAR Surges 5% Despite Volatile Trading as Grayscale Adds Token

CryptoX Analytics is CryptoX’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CryptoX Analytics is undergoes human editing by CryptoX’s editorial team before publication. The tool synthesizes market data and information from CryptoX Data and other sources to create timely market reports, with all external sources clearly attributed within each article. CryptoX Analytics operates under CryptoX’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about…

HMRC to Require Crypto User IDs for Tax Starting 2026

The United Kingdom’s tax authority will implement new regulations starting January 1, 2026, requiring crypto asset users to provide tax identification numbers and other personal information to service providers. Streamlining Tax Assessments and Penalties The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has announced new regulations that will require crypto asset users […] Source CryptoX Portal

Bitcoin Hits New $112K High As Bears See $200M Liquidation

Bitcoin soared to another record high, driven by growing global investor demand for risk assets and a $200 million liquidation of BTC shorts near a critical overhead resistance level. Bitcoin’s (BTC) price surpassed the $112,000 all-time high for the first time on Wednesday, after rising 5.95% during the past week. BTC/USD, 1-month chart. Source: Velo Charts Bitcoin’s price appreciation helped the total crypto market capitalization recapture $3.47 trillion, a level last seen in June 2025. Yet, the crypto market’s value remains below the all-time high of $3.73 trillion recorded in…

Revolut Seeks $1B in New Funding at $65B Valuation: FT

Revolut, Europe’s most valuable start-up, is in talks to raise $1 billion in fresh capital at a $65 billion valuation, according to the Financial Times. The funding would mark a significant step in the fintech group’s global expansion strategy and represents a 44% increase over its last known valuation of $45 billion from a secondary share sale one year ago. The London-based company plans to raise the funds through a combination of newly issued shares and the sale of existing stock, the report said. Greenoaks, a U.S. investment firm that…

$FLOKI Gains Webull Pay Listing, Tapping Into 24M Retail Users in Major U.S. Push

FLOKI traded in a wide $0.00005422 range over the past 24 hours, swinging from a high of $0.00009435 to a low of $0.00008913 before settling at $0.00008946, down 1.87%, according to CryptoX Research’s technical analysis model. The token’s volatile session was marked by a sharp 4% rally during the U.S. morning hours, followed by aggressive profit-taking as resistance formed near the $0.00009400 level. Trading volume spiked to 95.85 billion tokens at the height of the rally — more than 56% above FLOKI’s daily average — before declining steadily into the…

The Big Bet on Crypto’s AI Infrastructure

Artificial intelligence is transforming the technology landscape, and it’s not just traditional players like Nvidia and Google that are shaping the future. A new, decentralized movement is emerging — one that merges AI and blockchain to create open, scalable and trustless infrastructure. As AI systems demand increasingly powerful compute and reliable data systems, crypto-native platforms are stepping up. These systems aren’t just offering alternatives, they’re beginning to power real workloads and reimagine how AI is built and governed. We’d love your feedback! CryptoX is conducting a confidential survey. Start Survey.…

Japan’s Remixpoint steps up Bitcoin bet with $215 million raise

The Tokyo-based firm is doubling down on its Bitcoin strategy, now setting its sights on growing its reserve to the thousands. According to a July 9 disclosure, Remixpoint has secured 31.5 billion yen, worth approximately $215 million, through its latest round of financing. Every yen of the funds will go toward buying more Bitcoin (BTC) purchases, boosting the accumulation streak it commenced back in 2024. The company also revealed its short-term mission, which is to grow its holdings to 3,000 BTC. Per its statement, the actual number of coins acquired will…

U.S. House Ditching Its Stablecoin Bill to Back Trump’s Choice During ‘Crypto Week’

If the U.S. House of Representatives manages to reach a floor vote on the Senate’s stablecoin bill next week, it could result in President Donald Trump fulfilling at least half of his mission to deliver new laws for the crypto sector this summer. That’ll be a highlight among a bundle of actions during a period labeled “Crypto Week” by lawmakers hoping to record significant legislative wins for the sector. But the bigger-ticket item is the Digital Asset Market Clarity Act to establish first-ever federal regulations to oversee the wider U.S.…