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XRP price saw month-long 420% rally the last time this metric turned green – MAXBIT
XRP whale flows flipped bullish in May after months of outflows, hinting at a potential triple-digit price rally. Key takeaways: XRP’s 90-day moving average of whale flows turned positive in May, hinting at renewed interest and a potential breakout setup for Q4. Wallets holding over 1 million XRP hit an… Listen ⇢
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Gemini Rolls Out Tokenized Stocks in EU, Starting With Strategy Shares – MAXBIT
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has begun offering tokenized stocks to customers in the European Union (EU), the firm announced on Friday. The rollout started with tokenized shares of Strategy (MSTR), known as the world’s largest corporate bitcoin BTC holder, with more stocks and exchange-traded… Listen ⇢
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$1 Billion Filing by Bakkt Hints at Bitcoin Treasury Ambitions – MAXBIT
Bakkt Holdings has filed a shelf registration with the US Securities and Exchange Commission (SEC) to raise up to $1 billion through a variety of securities offerings while considering Bitcoin purchases for its corporate treasury. The digital asset platform, backed by Intercontinental Exchange, outlined in its Form S-3 filing that… Listen ⇢
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Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally – MAXBIT
The altcoin market has faced relentless volatility and extended periods of selling pressure, leaving many investors questioning when the long-anticipated altseason will finally arrive. Since late last year, analysts and traders have been closely watching for signs of a broad recovery across the altcoin space, but momentum has remained muted… Listen ⇢
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Crypto payments soar 630% in Bolivia, central bank reports $430M since lifting ban – MAXBIT
The Bolivian central bank reported on June 27 that domestic crypto transactions totaled $430 million in the 12 months since regulators reopened formal payment rails, a 630% jump over the previous year. The Banco Central de Bolivia (BCB) reported that users processed 10,193 operations worth BOB 611 million as of… Listen ⇢
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IBIT Becomes BlackRock’s Biggest ETF by Fee Revenues – MAXBIT
IBIT, BlackRock’s Bitcoin ETF, is now the company’s best product in this asset category by fee revenue. It generates $186 million in fees per year, surpassing IVV, an ETF based on the S&P 500, by $3 million. Still, IBIT and IVV are similar in another way, as the BTC ETF… Listen ⇢
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Ripple CEO Announces Decision To Withdraw Cross Appeal In SEC Lawsuit – MAXBIT
Ripple Labs is taking a significant step in its protracted legal struggle with the US Securities and Exchange Commission (SEC) by withdrawing its cross appeal regarding the sale of its XRP tokens. Ripple Moves To Close Legal Chapter CEO Brad Garlinghouse announced the decision on Friday on social media platform… Listen ⇢
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Fading Spot Volumes And Muted Futures Sentiment Threaten To Send Bitcoin Below $99,000 Again – MAXBIT
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu… Listen ⇢
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Ripple Ends Legal Fight with SEC – MAXBIT
Ripple CEO Brad Garlinghouse has announced that the company is dropping its cross-appeal against the U.S. Securities and Exchange Commission, putting an end to the lengthy legal battle that originally started in December 2020. The SEC is also expected to drop its appeal, which was filed in October under 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.
