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President Reveals What’s Behind RLUSD – MAXBIT
Ripple’s USD stablecoin, RLUSD, officially launches today, Dec. 17, marking a major entry for the company into what may become a $2.8 trillion market in the near future. Monica Long, President of Ripple, described the launch as a milestone for both Ripple and XRP Ledger, as the stablecoin is set to play a… Listen ⇢
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Ethena Labs Launches USDtb, Backed by BlackRock’s BUIDL Fund – MAXBIT
Ethena Labs officially launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), on December 16th. Developed in partnership with Securitize, USDtb is designed to operate like existing fiat-backed stablecoins such as USDC and USDT, with reserves invested in cash or cash-equivalent assets to maintain a… Listen ⇢
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Bitcoin’s key metric signals surge from $106K! Is $120K next? – MAXBIT
S2F reversion model gauges Bitcoin price deviations, offering insights for profit-taking opportunities. Thresholds like 2.5 and 3.0 help traders balance risk and reward during market highs. Bitcoin’s [BTC] recent surge to a new ATH has sparked renewed interest in key market metrics, especially in the Stock-to-Flow (S2F) reversion model. The… Listen ⇢
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A New Era of Digital Finance Begins – MAXBIT
The U.S. Executive Order: A Milestone for Bitcoin In an unprecedented move, the President of the United States has issued an Executive Order designating Bitcoin as a Strategic Reserve Asset within the Treasury’s Exchange Stabilization Fund (ESF). This landmark policy solidifies Bitcoin’s place not only in global finance but also within… Listen ⇢
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Options traders bet big on Bitcoin reaching $120K despite low odds – MAXBIT
The size and popularity of the Bitcoin options market have made it one of the best tools for gauging market sentiment and predicting volatility. Previous CryptoSlate analysis found that options wielded an outsized influence over Bitcoin’s price volatility and were responsible for most of the volatility we’ve seen this quarter.… Listen ⇢
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Crypto Gains Before 2022 Fall Under Capital Gains Tax, India Tax Regulator Confirms – MAXBIT
The Income Tax Appellate Tribunal (ITAT) in Jodhpur, India, has today clarified the taxation of crypto transactions conducted before the financial year (FY) 2022-2023. According to the ruling, profits from all such transactions will be treated as capital gains. ITAT Gives Clarity On Pre-2022 Crypto Taxation In what is considered… Listen ⇢
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Bitcoin (BTC) Surpasses $100,000 Amid Market Optimism for 2025 – MAXBIT
Darius Baruo Dec 17, 2024 17:36 Bitcoin reaches a new milestone with a market cap exceeding $2 trillion and a price of $100,000, as analysts look ahead to a promising yet volatile 2025. Bitcoin (BTC) has achieved remarkable milestones, surpassing a market capitalization of $2 trillion and reaching a price… Listen ⇢
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AI Altcoins Reach the Top Most Bought in 24 Hours, 1 Will Rise 50,000x by January 2025 – MAXBIT
SPONSORED POST* Recently, AI Altcoins have surged into the spotlight, becoming some of the most sought-after digital assets on the market. Among these altcoins, one token stands poised to eclipse all others with an unprecedented 50,000x growth potential by January 2025: RCO Finance (RCOF). While many altcoins fade into obscurity,… Listen ⇢
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Could This Be the Second Coming? – MAXBIT
In a world drowning in chaos, where innocence is traded for cynicism and compassion is often weaponized against itself, the story of P’Nut the Squirrel—a creature so small yet so profound—has emerged as a narrative that refuses to be ignored. What if, hidden in the extraordinary simplicity of this squirrel’s… 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.
