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Bitcoin sees wealth shift from long-term holders to new investors – Glassnode – MAXBIT
Bitcoin’s (BTC) ongoing bull market has marked a significant transition of wealth from long-term holders to new investors, according to a recent Glassnode report. The redistribution of wealth from seasoned holders to newcomers is a hallmark of maturing Bitcoin markets. Long-term holders have been realizing record profits, peaking at $2.1… Listen ⇢
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MicroStrategy Increases Bitcoin Holdings with New $1.5B Purchase – MAXBIT
MicroStrategy increases Bitcoin holdings with a $1.5B purchase, bringing total to 439,000 BTC, reinforcing its dominant position. MicroStrategy has made another major Bitcoin acquisition. The company purchased 15,350 BTC for $1.5 billion on 16 December. This marks the first time MicroStrategy has bought Bitcoin above $100,000 per coin. The average… Listen ⇢
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Wormhole Enhances Cross-Chain USDC Transfers with Circle’s Protocol – MAXBIT
Ted Hisokawa Dec 17, 2024 15:49 Wormhole extends support for Circle’s Cross-Chain Transfer Protocol, enabling seamless USDC transfers across major blockchains with enhanced liquidity and developer integration. Wormhole has announced an expansion of its support for Circle’s Cross-Chain Transfer Protocol (CCTP), facilitating native USD Coin (USDC) transfers across eight prominent… Listen ⇢
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investors are watching this new token – MAXBIT
SPONSORED POST* Yesterday, the NFT project Pudgy Penguins launched its own token PENGU on the crypto market. The coin achieved enormous success, growing by 950% in the first hours, attracting billions of dollars in investments from the major traders in the sector. Now, however, the same investors who have made… Listen ⇢
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Coinbase Says Justin Sun ‘Unnacceptable Risk’ to Wrapped Bitcoin After Delisting wBTC – The Daily Hodl – MAXBIT
Crypto exchange Coinbase has cited risks linked to Tron-founder Justin Sun during a lawsuit over its delisting of Wrapped Bitcoin (wBTC). In a recent complaint, the wBTC custodian and Sun-affiliated BiT Global accused Coinbase of using wBTC – the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain – as… Listen ⇢
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Deutsche Bank to develop Ethereum layer-2 blockchain to tackle TradFi compliance issues – MAXBIT
Deutsche Bank is building a layer-2 blockchain based on Ethereum to solve the regulatory hurdles financial institutions face using public blockchains, Bloomberg News reported on Dec. 17. The platform, dubbed Project Dama 2, represents the German banking giant’s attempt to harness blockchain technology’s potential while minimizing risks associated with public ledgers,… Listen ⇢
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NVIDIA Unveils NeMo Retriever for Multilingual AI Advancements – MAXBIT
Caroline Bishop Dec 17, 2024 16:43 NVIDIA introduces NeMo Retriever microservices, enhancing multilingual AI capabilities for enterprises with efficient data retrieval and processing, driving global business impact. NVIDIA has launched the NeMo Retriever microservices, a new suite of tools designed to bolster multilingual generative AI capabilities in enterprises, according to… Listen ⇢
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Sophon Mainnet Goes Live with $500M TVL and Strategic Industry Collaborations – MAXBIT
Dubai, India, December 18th, 2024, Chainwire Sophon has launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA. With over $500M in Total Value Locked (TVL) through the Sophon farming program, and a growing ecosystem of established partners, Sophon is paving the way for scalable, consumer-focused blockchain applications. The launch… Listen ⇢
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Ripple Launches RLUSD, a Stablecoin Backed by U.S. Dollar Reserves – MAXBIT
Ripple launches RLUSD, a stablecoin backed by U.S. dollar reserves, for global financial use and seamless crypto transactions. Ripple has announced the launch of RLUSD, its new USD-denominated stablecoin. Starting December 17, 2024, RLUSD will be available on several global exchanges. These include Uphold, Bitso, MoonPay, Archax, and CoinMENA. The… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
