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Ethereum Could Be Setting a Bull Trap as US Demand Fades – MAXBIT
Ethereum (ETH) price just slipped below $3,800 on its 10th anniversary, cooling off after briefly testing $3,900 earlier this week. Traders worldwide are still fixated on the psychological $4,000 level, but the latest on-chain data hints that this rally might not be as strong as it seems. Despite monthly gains… Listen ⇢
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Bitcoin’s ‘Boring’ Phase Might End With a Big Bang—Here’s Why – MAXBIT
TL;DR Bitcoin trades sideways between $116.8K and $119.5K, with liquidity swept on both ends. Michaël van de Poppe expects a stronger move the longer BTC remains rangebound. CryptoQuant data shows Bitcoin is in a neutral phase with no trend dominance yet. On-chain signals mirror 2020 patterns, hinting at a possible… Listen ⇢
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FLock.io and Walrus Team up to Power Decentralized, Privacy-Preserving AI Training – MAXBIT
Flock.io and Walrus have partnered to bring secure, community-owned AI development. The partnership will bring Walrus’s decentralized data layer and SEAL encryption to Flock.io. The first decentralized AI training platform, Flock.io will build on Walrus as its core data layer to bring secure, privacy-preserving AI model development to the Sui… Listen ⇢
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DOJ is not probing Dragonfly over Tornado Cash ties, exec says – MAXBIT
The DOJ reportedly confirmed it is not targeting Dragonfly Ventures or its executives in the Tornado Cash case, despite earlier speculation and courtroom remarks. The US Department of Justice is not investigating Dragonfly Ventures or its executives over the venture company’s past investment in Tornado Cash, according to Haseeb Qureshi,… Listen ⇢
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Indonesia raises taxes on crypto exchange sales and miners – MAXBIT
Indonesia’s Finance Ministry raised taxes for crypto miners and sellers, while exempting some crypto transactions from VAT. The Indonesian government updated its tax policies for the crypto industry, raising levies on traders and miners while removing value-added tax (VAT) obligations for buyers. On Monday, Indonesia’s Ministry of Finance issued multiple… Listen ⇢
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Indonesia hikes crypto seller tax, ends VAT for buyers – MAXBIT
Indonesia’s finance ministry has raised taxes for crypto miners and sellers, while exempting crypto transactions from VAT. The Indonesian government has updated its tax policies for the crypto industry, raising levies on traders and miners while removing value-added tax (VAT) obligations for buyers. On Monday, Indonesia’s Ministry of Finance issued… Listen ⇢
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Ether Treasury Companies Are ‘Just Getting Started’, Could Ultimately Own 10% Of All ETH: Standard Chartered – MAXBIT
Corporate treasury companies have swiftly amassed 1% of all the Ethereum (ETH) in circulation in just two months as institutional appetite for the second most valuable crypto continues to grow, a Tuesday report from Standard Chartered notes. The British multinational bank forecasts that ETH strategic reserves could reach 10% of… Listen ⇢
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7% dip or $141K breakout? Bitcoin speculators dictate BTC price targets – MAXBIT
Bitcoin short-term holders are in charge of nearby BTC price support — but this risks a drop to $110,000, new Glassnode research warns. Key points: Bitcoin short-term holders form important nearby BTC price support levels — but a gap remains between $110,000 and $115,000. Glassnode suggests that the price may… Listen ⇢
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Crypto token unlocks halve to $3B in August — SUI, FTN top the list – MAXBIT
Polymath CEO Vincent Kadar told Cointelegraph that investors are shifting from “unlock anxiety” to a more nuanced view of token releases. Crypto token unlocks are expected to fall sharply to $3 billion in August, down around 52% from the $6.3 billion in value unlocked in July, according to vesting data… 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.
