Bitcoin Breakout Has Put $28K in Cross Hairs
Bitcoin's swift move above a resistance dating back to August 2022 has strengthened the case for a continued rally. Source
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Smart Money Staying Put as USDC Remains Off-Peg
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
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Silicon Valley Bank’s troubles put Circle’s $3.3b USDC reserve at risk
Circle’s USDC, the second-largest stablecoin with a market capitalization of $43b, has been hit by the collapse of Silicon Valley Bank (SVB). On Friday, regulators in California placed the bank under receivership, leaving investors needing clarification on the return of their deposits. As a result, the value of USDC fell
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Silvergate Uncertainties May Put TradFi Heavy Hitters’ Stakes in Jeopardy
It's not clear if the stakes in the company are directional bets by the TradFi players and most of the filings were made on Dec. 31, according to FactSet data. There is also no recent data to suggest if the funds remain invested at those levels, given recent volatility in
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LinksDAO likely to put in ‘compelling offer’ to buy Scottish golf course
The decentralized autonomous organization (DAO)-operated golf startup, LinksDAO, may soon put in an offer to purchase the newly marketed Spey Bay Golf Club in Scotland worth about $900,000. LinksDAO — self-described as a “global group of golf enthusiasts” that is on a mission to build the “world’s greatest golf community” —
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Bill Gates Views Musk Agenda to ‘Put People on Mars’ as Imprudent Way to Spend Money
Bill Gates recently said Elon Musk looking to colonize Mars does not paint him in the best philanthropic light. Microsoft (NASDAQ: MSFT) founder Bill Gates recently questioned the Mars colonization quest spearheaded by Tesla (NASDAQ: TSLA) CEO Elon Musk. In a media session, Gates opined that Musk’s long-held ambition of colonizing Mars is not a good use
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Crypto Investors Can Purchase Bankruptcy Put Options to Protect Funds on Binance, Coinbase, Kraken Crypto Exchanges
This means a Binance account holder with a balance of $1 million who wants protection may buy a put option with a six-month expiry for an estimated price of $27,000-$33,000 paid upfront given the monthly rates. If the firm files for bankruptcy within the contract term, the seller would be
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South Korean Prosecutors Put Request to Arrest Bithumb Owners
Bithumb CEO Kang Ji-Yeon and two other executives are facing charges of embezzlement, breach of trust, and conducting fraudulent illegal transactions.On Wednesday, January 25, a Korean news publication reported that South Korean prosecutors are seeking the arrest of the chairman and owner of crypto exchange Bithumb Kang Jong-Hyun.Kang along with
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Ethereum ‘shark’ accumulation, Shanghai hard fork put $2K ETH price in play
Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors.Ethereum price rises above two key moving averagesOn Jan. 8, Ether's price crossed above its 21-week exponential moving average (21-week EMA; the purple wave) and 200-day simple moving average (200-day
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How 22 Developers Put the Shiba Inu Fun Into Solana and Away From FTX
Bonk Inu is a team of twenty-two individuals, with no singular leader, all of whom were involved in the inception of the project, CryptoX learned from one of the several developers. All of them have previously built decentralized applications (DeFi), non-fungible tokens (NFTs) and other related products on Solana. Source
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