Cryptocurrency Analysis and News Portal
Bitcoin (BTC) faced a 4.9% correction in the four days following the failure to break the $28,000 resistance on Oct. 8, and derivatives metrics show fear is dominating sentiment in the market, but will it be enough to shake Bitcoin price from its current range?Looking at the bigger picture, Bitcoin
Read More
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
The tokenization of real-world assets is gaining momentum in the crypto sphere, with Chainlink’s LINK highlighted as a potential key player in this emerging landscape. The world of cryptocurrency is no longer limited to abstract digital assets; the tokenization of real-world assets (RWAs) such as private equity, credit, and bonds is
Read More
Solana (SOL) is introducing a “Confidential Transfers” feature that provides encrypted SPL token transactions and various performance enhancements. The layer 1 proof-of-stake blockchain released its version 1.16 update, which includes the new “Confidential Transfers” feature, providing encrypted SPL token transactions. Helius Labs, the developer platform that specializes in building on the
Read More
Coinbase recently considered buying FTX Europe, highlighting the growing significance of crypto derivatives in global trading strategies. In the crypto trading space, derivatives have grown in significance, outpacing the popularity of spot trading. This trend is demonstrated by Coinbase’s recent interest in acquiring FTX Europe on Sept. 22, further underlining the
Read More
After the XRP token recorded an all-time high in daily trading volumes for crypto exchanges in the US, the Ripple ecosystem has
Read More
Despite the slow uptake, the transparency report suggests that PYUSD is effectively backed up by reverse repurchase agreements. Payment giant Paypal has shared its first PayPal USD (PYUSD) transparency report with the public. The report comes 39 days after it announced the launch of the stablecoin. PayPal unveiled its PYUSD stablecoin on
Read More
The large flow was concentrated in the so-called out-of-the-money (OTM) calls at strike levels well above ether's current market price of $1,633. Whales blocked over 40,000 contracts of ETH December expiry call at $2,200 and nearly 50,000 contracts of October expiry call at $2,000. A block trade is a large
Read More
Per the Metcalfe law (ML), the value of the network is directly linked and proportional to the square of the number of users it has. Ether enables users to transact on the Ethereum blockchain, earn interest, and participate in network security through staking, store non-fungible tokens and much more. Thus,
Read More
Toncoin has seen a noteworthy 20% price increase over the past week, rising from $1.75 on September 9 to $1.95 on September
Read More