Cryptocurrency Analysis and News Portal
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
Speaking on the earnings call, Executive Chairman Michael Saylor said that though bitcoin has gone through a very rough stretch, the performance of MicroStrategy stock since the company began buying bitcoin in August 2020 is better than the major indices and mega-cap tech monopolies Google, Apple, Microsoft, and Amazon. Source
Read More
A group of four men controlled 86% of stablecoin issuer Tether Holdings Limited as of 2018, according to documents obtained by The Wall Street Journal in connection with United States authorities investigations.New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership
Read More
Even after the crypto market collapse and gloomy news that drowned the crypto environment, Tesla has been holding onto the crypto capital.While Tesla’s Bitcoin investments are still submerged, the company’s overall earnings and revenue have exceeded expectations. TSLA stock is surging today and has increased by thirteen percent over the
Read More
The amendments to the package, which is designed to ensure that traditional institutions issue enough capital to sustain lending levels, are set to be voted on by EU Parliament’s Committee on Economic and Monetary Affairs on Tuesday. The text seen by CryptoX asks the European Commission to propose a bill
Read More
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are
Read More
"In our view, crypto (and bitcoin in particular) has been somewhat misunderstood. It is not an inflation hedge, but more of a debasement hedge that protects holders from fiscal/monetary profligacy and policy error,” Jonah Van Bourg, Global Head of Trading at Cumberland, told CryptoX in a note. “Any risk of
Read More
A local report states that the investigation will be conducted by a unit dedicated to “special tax investigations.”South Korean tax authorities are investigating local crypto exchange operator Bithumb Holdings. This is according to a Tuesday report by Yonhap News which states that the National Tax Service is reportedly investigating possible
Read More
Investment firm Fidelity has written down the value of its initial stake in Twitter following its funding of Elon Musk’s takeover of the social media platform.According to a filing of the Fidelity Blue Chip Growth Fund in November 2022, the firm has written down the carrying value of its Twitter
Read More
The move came days after Sam Bankman-Fried posted a bail bond and was temporarily freed from jail. Original Source
Read More