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Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip – MAXBIT
Bitcoin mining giants Marathon Digital Holdings and Hut 8 have capitalized on Bitcoin’s recent correction by making multi-billion-dollar investments in the flagship cryptocurrency. On Dec. 19, the companies announced purchases totaling over 16,000 BTC for $1.6 billion, equivalent to 37 days of Bitcoin issuance. Marathon led the way by purchasing… Listen ⇢
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Marinade Finance Boosts Solana Ecosystem with Strategic Supersol Investment – MAXBIT
Solana-based self-custodial staking protocol, Marinade Finance has made a strategic investment in SuperSol, the first native Layer-2 scaling solution for Solana to support the rapid growth of the Solana ecosystem. As the demand for scalability, performance, and real-time capabilities continues to soar, the Solana ecosystem has witnessed rapid growth because… Listen ⇢
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Fed Can’t Hold Bitcoin, No Plans Yet To Change Law, Powell Says – MAXBIT
Jerome Powell, chair of the US Federal Reserve, recently dismissed speculations that the Fed may add Bitcoin to its reserves. At the end of the its two-day meeting, Powell stated that the Fed isn’t allowed to own Bitcoin and doesn’t desire to get involved in any government initiative to create… Listen ⇢
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New Solana ICO ‘Solaxy’ Raises $3M In First Week Of Presale – Is $SOLX The Next 100x Crypto? – MAXBIT
Solana’s first-ever Layer-2 solution, Solaxy (SOLX), is off to a blazing start in its presale, raising $3 million in the first week. The demand for the product is accelerating, with the token presale adding nearly $1 million daily over the past two days. The new L2 chain promises improved scalability,… Listen ⇢
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Bitcoin Exchange Transactions Hit Record Lows—What This Means For BTC’s Price – MAXBIT
Este artículo también está disponible en español. Bitcoin has experienced significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. Following the Federal Open Market Committee (FOMC) meeting and a speech by Federal Reserve Chair Jerome Powell, Bitcoin’s price dropped sharply below $99,000. However,… Listen ⇢
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Shiba Inu (SHIB) Lost Major Support, XRP Bullish Formation Invalidated, Dogecoin (DOGE) Reaches Key Support Level – MAXBIT
With a recent 9% decline, Shiba Inu broke through the crucial 50 EMA level and made contact with the 100 EMA, another important support level. The asset is in a risky position going forward as a result of this loss of support, which emphasizes how flimsy SHIB’s recent rally was. … Listen ⇢
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Aptos CEO Mo Shaikh Resigns, Will Remain As Advisor – MAXBIT
Mo Shaikh, CEO of Aptos, has resigned from his position. He named co-founder Avery Ching as his successor for the role. However, this will not mark the end of Shaikh’s tenure with Aptos, as he will remain with the firm in an advisory capacity. Mo Shaikh Steps Down as Aptos… Listen ⇢
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‘We’re not allowed to own Bitcoin’ – No more BTC reserve? – MAXBIT
Powell stated that the law doesn’t allow the Fed to own BTC. The community clarified that the US BTC reserve will be under the Treasury Secretary, not the Fed. Fed chair Jerome Powell’s latest Bitcoin [BTC] reserve comment has made media buzz and confused some quarters of the crypto community.… Listen ⇢
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Bitcoin Slides Towards $96,000 After Fed Chair Powell Speaks Against Trump’s Strategic BTC Reserve Plan – MAXBIT
U.S. Federal Reserve Chairman Jerome Powell clarified Wednesday that the Fed is not allowed to own Bitcoin (BTC), aligning with the Federal Reserve Act. Powell indicated no intention to pursue changes to this legislation amid a promise by President-elect Donald Trump to establish a national strategic Bitcoin reserve. The price… 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.
