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Bitcoin rejects at $116K despite US jobs win as Fed rate cut bets pass 75% – MAXBIT
Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market. Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders… Listen ⇢
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UK regulator lifts ban on crypto ETNs for retail investors – MAXBIT
After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail. The United Kingdom’s Financial Conduct Authority (FCA) has lifted the ban on retail access to cryptocurrency exchange-traded notes (cETNs). Companies in the UK will soon be… Listen ⇢
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Filecoin Drops Over 6%, Breaks Key Support at the $2.38 Level – MAXBIT
Filecoin (FIL) displayed sharp volatility with a trading range of over 6% during the last 24-hours, according to CoinDesk Research’s technical analysis model. The token broke key support at the $2.38 level on high volume, the model showed. AI platform SingularityNET has chosen Filecoin for metadata storage through Lighthouse, according… Listen ⇢
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Coinbase ‘Everything Exchange’ to Offer Tokenized Stocks & Boost Bitcoin Hyper – MAXBIT
Coinbase has announced ‘Everything Exchange,’ a one-stop app for trading tokenized stocks, derivatives, prediction markets, and early-stage tokens. Once launched in the coming months, it aims to make on-chain trading faster, easier, and more accessible to US investors. It’s bound to drive broader adoption in $BTC, the #1 crypto that… Listen ⇢
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El Salvador paves way for Nayib Bukele’s indefinite re-election, fueling Bitcoin nation’s ambition – MAXBIT
El Salvador’s legislature has approved major constitutional reforms that will significantly reshape the country’s political structure and electoral timelines. The new bill, passed on July 31 by 57 lawmakers, enables indefinite presidential re-election, extends the length of presidential terms from five to six years, and removes the need for second-round… Listen ⇢
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U.S. Government Advances Crypto Regulation with PWG Report – MAXBIT
Ted Hisokawa Aug 01, 2025 13:07 The President’s Working Group (PWG) has released a comprehensive report outlining new regulatory frameworks for digital assets, highlighting the need for enhanced public-private collaboration. The U.S. government is taking significant steps towards establishing a comprehensive regulatory framework for digital assets, according to a report… Listen ⇢
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announces a new $4.2 billion Bitcoin plan – MAXBIT
With a jump in value from 77,000 to 111,000 dollars per Bitcoin in the second quarter of 2024, Strategy records a record profit of 10 billion dollars, marking a historic moment not only for the company, but for the entire cryptocurrency reserves sector. Why is Strategy’s profit an unprecedented case?… Listen ⇢
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Andreessen Horowitz warns of loopholes in draft US crypto rules – MAXBIT
Andreessen Horowitz urged the US Senate Banking Committee to scrap the “ancillary asset” concept in draft crypto legislation, warning of loopholes. Venture capital firm Andreessen Horowitz (a16z) called on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor… Listen ⇢
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Metaplanet plans to raise additional $3.7B to buy Bitcoin – MAXBIT
The Japanese investment company’s stock offering is part of its treasury strategy to acquire 210,000 Bitcoin by the end of 2027. Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known… 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.
