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Google Bows To Crypto Fury, Unbans Non-Custodial Wallets – MAXBIT
A policy whiplash at Google set the crypto industry ablaze on Wednesday before ending in a rare and explicit climbdown: non-custodial wallets are not covered by the Play Store’s new licensing regime. The clarification, posted by Google’s official communications account on X late August 13, came after lawyers, developers, and… Listen ⇢
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ARK Invest scoops $172M in Bullish shares as stock soars 84% on debut – MAXBIT
Cathie Wood’s ARK Invest scooped $172 million worth of Bullish shares across three ETFs as the crypto exchange surged 83.8% in its first day of trading. Cathie Wood’s ARK Invest bought 2.53 million shares of crypto exchange Bullish across three of its exchange-traded funds (ETFs) on Wednesday, in the company’s… Listen ⇢
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Who Is Cashing Out of Bitcoin at Record Highs Above $120K? – MAXBIT
Since mid-July, bitcoin’s (BTC) ascent has slowed above $120,000. Prices hit a new high of $124,157 early Thursday but have since pulled back to $123,000, lacking momentum. This raises a question: who is cashing out of bitcoin and adding selling pressure to the market? According to observers, the answer lies… Listen ⇢
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Bitcoin Dominance Falls Below Critical Level For The First Time This Cycle, Altcoin Season Coming? – MAXBIT
The Bitcoin dominance has now fallen below 60% for the first time in six months. But despite altcoins moving to grab more market share, this high dominance has remained a hindrance for the altcoin market. Given this, the Bitcoin dominance is expected to continue to determine where the crypto market… Listen ⇢
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Ethereum Eyes ‘Final Boss’ Level, But Analyst Says Weekly Close Is Key For Price Discovery Run – MAXBIT
Ethereum (ETH) is attempting to reclaim a crucial area as price nears its 2021 all-time high (ATH). However, an analyst suggested that this week’s performance will be key for the long-awaited price discovery rally. Related Reading Ethereum Eyes Last Major Resistance Over the past week, Ethereum has had a remarkable… Listen ⇢
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Global Financial Backbone or a $190 Billion Illusion? – MAXBIT
Analysts are discussing the XRP Ledger (XRPL), with backers hailing it as a battle-tested backbone for the future of cross-border payments. Meanwhile, critics say it is a dangerously overvalued bet on unrealized potential. Is XRP Ledger Ready for Global Scale or Overvalued? Analysts Debate Standing among the XRP Ledger advocates,… Listen ⇢
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DOGE Jumps 7% on $200M Whale Buys as Futures Bets Top $3B – MAXBIT
Dogecoin surged over 7% in the past 24 hours, fueled by more than $200 million in whale purchases and a sharp uptick in derivatives positioning. The memecoin broke through the $0.25 resistance level, triggering a volume-led breakout and sending futures open interest above $3 billion. Large-holder ownership now sits just… Listen ⇢
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Openserv Partners With LunarCrush To Transform Massive Social Data Streams Into AI-Powered Applications – MAXBIT
OpenServ, a prominent full-stack AI infrastructure provider, has entered into a strategic partnership with LunarCrush, a leading Web3 social analytics platform trusted by industry giants like Coinbase, Kraken, HTX, and Binance. This collaboration combines LunarCrush’s real-time analysis of 30 to 50 million social media posts per hour with live market… Listen ⇢
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US Treasuries trade on Saturday as banks join Canton blockchain settlement test – MAXBIT
Digital Asset and a consortium of major financial institutions have completed an on-chain U.S. Treasury repo transaction on the Canton Network, involving USDC as the cash leg and tokenized Treasuries as collateral. The trade, executed on Tradeweb during the weekend, is being positioned as an industry first for enabling atomic… 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.
