Category: CryptoX News

Anthony Pompliano’s ProCap Eyes Growth With Lowest Implied mNAV Premium Among BTC Peers

Anthony Pompliano’s ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and already deployed more than $500 million to purchase bitcoin , amassing a treasury of 4,950 BTC. This makes ProCap, the 13th largest public holder of bitcoin globally. The data and analysis presented by Pompliano comes directly from ProCap and refer to implied multiple Net Asset Value (mNAV) premiums.…

Pakistan Unveils Independent Crypto Regulator to Align With FATF and Global Standards

On July 8, the Pakistan government announced the establishment of the Pakistan Virtual Assets Regulatory Authority, an independent body responsible for licensing, monitoring, and supervising virtual asset service providers (VASPs). Introduction of Virtual Assets and Trust The Pakistan government announced on July 8 the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA), a body […] Source CryptoX Portal

Memecoin PNUT Rips on Elon Musk’s Epstein Cue

‘Peanut’ the squirrel is dead, but the meme coin named after him is still mooning. A late-night post from technocrat Elon Musk slamming U.S. authorities for euthanizing the viral squirrel while failing to charge anyone from Jeffrey Epstein’s alleged client list preceded a volume and price spike, data shows, showing speculative fervor is alive and well in the market. (The “Epstein list” refers to high-profile individuals allegedly connected to Jeffrey Epstein’s sex trafficking network. No official, verified public list exists.) “Government is deeply broken,” Musk wrote. “They arrested (and killed)…

Banking Giant BBVA Launches Crypto Trading for Retail Users in Spain

BBVA unleashes mainstream crypto access in Spain, letting millions seamlessly buy, sell, and hold bitcoin and ether directly within its mobile banking ecosystem. BBVA Ignites Crypto Frenzy With Bitcoin and Ether Now Live for Millions in Spain Banking giant Banco Bilbao Vizcaya Argentaria (BBVA) revealed last week that it has launched a cryptocurrency trading and […] Source CryptoX Portal

ERC-20 Stablecoin Supply Hits All-Time High At $121B – Liquidity On The Rise

While Bitcoin struggles to break above its all-time high and altcoins face difficulty finding solid support, one corner of the crypto market continues to expand: stablecoins. Since the beginning of the bull run, the stablecoin market has shown consistent growth, cementing its reputation as one of crypto’s most reliable and scalable use cases. Unlike volatile assets, stablecoins offer stability, liquidity, and utility across DeFi, trading, and settlement. Related Reading Top analyst Darkfost recently shared fresh data and highlighted a key development many have overlooked — the total supply of ERC-20…

Core Scientific Crashes After CoreWeave Acquisition News – What Spooked Investors?

CoreWeave’s (CRWV) $9B all-stock deal to acquire Core Scientific sent CORZ shares tumbling. Why did investors reject the merger? Here’s what you need to know. Core Scientific Plunges The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on July 3, 2025, […] Source CryptoX Portal

Tornado Cash Judge Will Not Permit Van Loon Verdict to Be Discussed During Upcoming Trial

NEW YORK, New York — The judge overseeing the criminal case against Tornado Cash developer Roman Storm said Tuesday she will not allow the verdict in another, related case, Van Loon vs. Department of the Treasury, to be discussed during Storm’s upcoming trial. “The words ‘Van Loon’ are not going to show up in this trial,” District Judge Katherine Polk Failla said during a Tuesday hearing in Manhattan. The hearing — a final, in-person status conference before Storm’s trial begins on June 14 — largely focused on motions in limine (a…

Phantom puts perps in traders’ pockets as mobile-first derivatives go live

Perpetual futures see over $100 billion in daily trading volume, yet most platforms still cater to pros. Phantom’s mobile-first approach could be the bridge or the breaking point for retail adoption. On July 8, Phantom, the crypto wallet best known for its seamless Solana and Ethereum integrations, rolled out perpetual futures trading directly within its app. Unlike traditional perps platforms that overwhelm users with complex order books and advanced charting tools, Phantom’s implementation strips derivatives trading down to its basics, letting users open leveraged positions in a few taps, right…

Hedera’s HBAR Token Rises Higher After Inclusion in Grayscale Fund

Hedera’s native token, HBAR (HBAR), traded higher after being added to the Grayscale Smart Contract Platform Fund . HBAR, up about 2% over the past 24-hour period, replaced polkadot (DOT) in the fund, which rebalanced on Monday. The token was trading at $0.1614 at press time, up about 11% over the past seven days. “In accordance with the CryptoX Smart Contract Platform Select Capped Index methodology, Grayscale has adjusted GSC Fund’s portfolio by selling Polkadot (DOT) and existing Fund Components in proportion to their respective weightings, and using the cash…

Is Jerome Powell’s Tenure as Fed Chair Under Threat Amid Rising Political Pressure?

Jerome Powell, the Federal Reserve Chair, faces a fierce barrage from a coalition of high-profile figures threatening his tenure, which extends to May 2026. Over the past two weeks, President Donald Trump, Federal Housing Finance Agency (FHFA) Director Bill Pulte, White House Press Secretary Karoline Leavitt, congressional allies and Treasury Secretary Scott Bessent have all escalated attacks, accusing Powell of mismanagement, political bias and deceptive conduct. The crypto community, keenly watching, faces uncertainty as this coalition challenges Powell’s future and the Fed’s independence. Are Powell’s days as Fed Chair numbered,…