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Pantera Bitcoin Fund Achieves 1,000x Growth Amidst Crypto Rally – MAXBIT
James Ding Dec 17, 2024 15:21 Pantera Bitcoin Fund has reached a milestone of 1,000x growth since inception, highlighting the growing institutional interest in blockchain technology, according to Pantera Capital’s Dan Morehead. The Pantera Bitcoin Fund has achieved a remarkable milestone, reaching 1,000 times its initial value since inception, according… Listen ⇢
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The new update of Avalanche – MAXBIT
The Avalanche Foundation has recently launched a groundbreaking update for its network, called mainnet Avalanche9000. Presented as the “biggest network upgrade,” it promises to reduce the implementation costs and fees of the C-Chain by over 90%. This improvement represents a crucial step for the future of the Avalanche blockchain, strengthening… Listen ⇢
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Bitpanda Receives VARA Approval for UAE Launch – MAXBIT
Bitpanda receives VARA approval to expand into the UAE, setting the stage for full operations with local partnerships and compliance. Bitpanda, Europe’s leading regulated cryptocurrency platform, is taking a significant step toward expanding globally. The company has received in-principle approval from the Virtual Assets Regulatory Authority (VARA) in Dubai. This… Listen ⇢
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XRP Makes Comeback On RLUSD Launch, Shiba Inu (SHIB) Has No Ground Under Its Feet, Solana (SOL) Downtrend Becoming Scary – MAXBIT
XRP is getting closer to breaking through its descending resistance line, which could signal a recovery. The asset has been battling within a declining trend for the past few weeks, but if momentum keeps building, its recent price movement suggests a potential recovery. XRP is presently trading close to $2.40,… Listen ⇢
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Metaplanet Turns To Bitcoin With Massive 4.5 Billion Yen Bonds – MAXBIT
Metaplanet Inc., a publicly traded company on the Tokyo Stock Exchange, is ramping up its efforts to build its Bitcoin portfolio. According to multiple reports, the Japanese Bitcoin consulting company has issued ¥4.5 billion ($30 million) in zero-interest bonds to finance its Bitcoin acquisition strategy. The company shared this news… Listen ⇢
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New Solana Layer 2 Project, Solaxy, Raises $2 Million in First Week of Presale – MAXBIT
Solana has showcased remarkable performance throughout 2024, outpacing Ethereum by over 50% in year-to-date gains. This solidified SOL’s position in the Layer 1 blockchain club. However, with its high throughput being stunted by spam transitions and network congestion, many started questioning the future of Solana. Among the emerging projects leading… Listen ⇢
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Litecoin – Is the ‘silver to Bitcoin’s gold’ poised for a new rally? – MAXBIT
LTC showed some signs of renewed short term interest as whale activity surged following limited sell pressure Altcoin could be ready for another attempt at breaking the resistance near the $134 price level Litecoin (LTC), the silver to Bitcoin’s gold, had a good run in November and the first week… Listen ⇢
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Promeet Secures $3.1 Million In Pre-Seed Funding For Its Content Monetization Platform – MAXBIT
Promeet, a Web3 platform to monetize content, is excited to announce that it has successfully raised $3.1 million in pre-seed funding. Raised through the Simple Agreement for Future Equity (SAFE), this investment positions Promeet for rapid growth and enhances its ability to help creators earn effortlessly. Promeet is a Web3-based… Listen ⇢
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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 ⇢
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.
