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Chinese Central Bank pledges global expansion of digital yuan — Report – MAXBIT
China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments. China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital… Listen ⇢
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Bitcoin Solaris Will Outpace Polkadot’s Historical Growth Pattern – MAXBIT
In the crypto world, growth patterns are more than speculation; they’re signals. And right now, the signals are flashing green for Bitcoin Solaris. Analysts tracking altcoin metrics are seeing trends that mirror and sometimes exceed Polkadot’s early growth. But BTC-S isn’t aiming to copy Polkadot’s past. It’s set to surpass… Listen ⇢
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Ethereum and the battle for yield: What is ETH’s future?
Ethereum staking yields are falling as yield-bearing stablecoins and DeFi protocols offer more competitive returns. Can ETH regain the upper hand in the yield wars? Key takeaways Ethereum’s staking yield dropped under 3%, putting it behind many DeFi and RWA protocols. Yield-bearing stablecoins like sUSDe and SyrupUSDC now offer 4–6.5%… Listen ⇢
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Fed Interest Rate Remains Unchanged – What Does it Mean for Crypto – MAXBIT
The US Federal Reserve has held interest rates steady at 4.25 %–4.50 % in its June 18 FOMC decision, marking the fourth consecutive pause since December 2024. Markets widely expected the move. CME FedWatch data showed a 99.9% probability of a rate hold heading into the meeting. Cooling inflation, resilient labor markets,… Listen ⇢
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Deribit, Crypto.com integrate BlackRock’s BUIDL as trading collateral – MAXBIT
The move will lower collateral requirements to access leverage for crypto trading due to the relatively stable value of US government debt. Crypto derivatives exchange Deribit and spot exchange Crypto.com are accepting BlackRock’s tokenized US Treasury fund as trading collateral for institutional and experienced clients. The move will allow institutional… Listen ⇢
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“A Truly Historic Moment”, Ripple CEO Brad Garlinghouse Opines As US Senate Passes GENIUS Stablecoin Bill – MAXBIT
On Tuesday, the US Senate officially passed the landmark GENIUS Act with significant bipartisan support, advancing federal efforts to set standards for U.S. stablecoin issuers. Ripple CEO Brad Garlinghouse has reacted to the bill’s passage, calling it “a truly historic moment.” GENIUS Act Nears Becoming Law After months of dramatic… Listen ⇢
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Washington Enacts First Crypto ATM Ban in Spokane – MAXBIT
Spokane is Washington’s first city to ban crypto ATMs. Ordinance addresses $141M in state scam losses in 2023. Elderly residents are frequent targets of crypto scams. On June 17, 2022, the Spokane City Council unanimously voted to prohibit the use of crypto ATMs in the city, becoming the first city… Listen ⇢
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Bitdeer Raises $330M to Expand Bitcoin Mining and AI Operations – MAXBIT
Bitcoin Magazine Bitdeer Raises $330M to Expand Bitcoin Mining and AI Operations Singapore-based Bitcoin mining firm Bitdeer Technologies Group has launched a $330 million convertible notes offering, aiming to strengthen its mining operations, develop ASIC rigs, and scale its AI infrastructure. The notes, due in 2031, carry an annual interest… Listen ⇢
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XRP network activity surges as Canada launches an XRP ETF – MAXBIT
Canadian asset manager 3iQ has launched an XRP-focused exchange-traded fund (ETF) on the Toronto Stock Exchange (TSX) under the XRPQ ticker. According to a June 18 statement, XRPQ will offer investors a six-month waiver on management fees and hold only long-term positions on the digital asset. These assets are sourced… 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.
