Category: CryptoX News

Crypto Analyst Says Ethereum Competitor Fantom (FTM) Could Jump To $1.2

Crypto analyst Altcoin Sherpa has provided a bullish narrative for Fantom (FTM), suggesting that the crypto token could soon make a significant rally to the upside. The analyst also hinted at how Fantom could rise when this happens.   Fantom Could Rise To As High As $1.2 Based on the chart Altcoin Sherpa shared, Fantom could rise to as high as $1.2 on its next leg up. In the meantime, the analyst noted that the crypto token is consolidating at a key level. He added that he expects Fantom to form…

Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask

Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s actions are regulatory overreach and vows to defend its position in court, emphasizing the broader implications for the web3 ecosystem. Consensys Challenges SEC Charges On […] Source BitcoincryptoexchangeExchanges CryptoX Portal

NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week

Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This week, the leading top five blockchains for NFT sales were Ethereum, Polygon, Bitcoin, […] Source CryptoX Portal

BTC could hit $500k in 2029, $1m by 2033; these altcoins could follow a similar trend

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s bullish forecast and SEC’s Ethereum case drop; Angry Pepe Fork sees notable presale interest among investors. Analysts have foreseen a bright future for the price of BTC, with indications that it might even hit the $1M mark by 2033. According to reports, despite the bears arguing that Bitcoin ETF trade is done and that most early Bitcoin ETF allocations were driven by retail investors, optimistic predictions remain for…

TARS AI, AIOZ Network prices rise after ecosystem update

TARS AI (TAI) and AIOZ Network tokens were among the best-performing cryptocurrencies on Friday as demand for artificial intelligence (AI) rebounded. TAI jumped to an intraday high of $0.2200, its highest point since June 16th.  Similarly, AIOZ Network rebounded to $0.60, its highest level since June 15th. It has risen by more than 41% from its lowest level this year. Other AI tokens like Akash Network, SingularityNET, and Fetch also rebounded.  AIOZ Network vs TARS AI TARS AI token burn This performance also happened in the stock market, where companies…

FTC Warns: Social Media Investment Scams on the Rise

The U.S. Federal Trade Commission (FTC) has warned consumers about a surge in social media investment scams, especially in cryptocurrency. These scams involve fraudulent messages claiming guaranteed high returns with little or no risk. The FTC advises ignoring such messages and reminds consumers that all investments carry inherent risks. FTC Issues Warning on Social Media […] Source CryptoX Portal

US government wages full-out assault against non-custodial defi

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Decentralized finance app developers pay heed. Federal agencies don’t care if you control or ever control user funds. You are still liable under the Bank Secrecy Act (BSA). The Department of Justice (DoJ), Office of Foreign Asset Control (OFAC), and Securities and Exchange Commission (SEC) have targeted decentralized service providers Samourai, Tornado Cash, Consensys, and more. The actions led at least two other companies—Phoenix Wallet and Wasabi…

North Carolina Passes Bill to Block State Participation in Federal CBDC Testing

The General Assembly of the U.S. state of North Carolina has approved a bill that prevents the state from participating in the Federal Reserve’s testing of a central bank digital currency (CBDC). The General Assembly is North Carolina’s legislative body, comprising two chambers: the House of Representatives and the Senate. The bill passed with significant […] Source CryptoX Portal