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Wormhole Consolidates for Months as Traders Eye Bullish Divergence Breakout – MAXBIT
Wormhole’s token ($W) has been consolidating in a tight range for several months, and traders are closely watching technical signals that suggest a potential breakout. W has shown a bullish divergence on higher timeframes, which many analysts see as a possible turning point. Trading activity and on-chain data are also… Listen ⇢
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Golden Cross Signal Fades as XRP Slumps Below $3 – MAXBIT
XRP slid to $2.97 in its sharpest decline in weeks, shedding 5.4% over a 23-hour stretch as retail selling overwhelmed order books. The move came on surging volumes that eclipsed daily averages, but whale wallets quietly absorbed the dip — scooping 440 million tokens worth $3.8 billion. The divergence between… Listen ⇢
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Japan Eyes Approval Of Yen-Backed Token – MAXBIT
Japan is inching towards the approval of its first yen-backed stablecoin, with regulators likely to approve it as soon as October. Nikkei reports that the token, named JPYC, will be issued by Tokyo fintech company JPYC and will be backed by the Japanese yen with reserves like bank deposits and… Listen ⇢
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Traders Tilt Bearish on August BTC, ETH Targets as Retail Lags Institutions – MAXBIT
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As East Asia begins its trading… Listen ⇢
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Gemini IPO filing reveals Ripple credit deal, $282M net loss in 2025 – MAXBIT
Gemini has filed for a Nasdaq IPO under the ticker GEMI, revealing a $282.5 million net loss for the first half of 2025. The exchange also disclosed a $75 million credit agreement with Ripple in the Aug. 15 filing submitted to the US Securities and Exchange Commission (SEC), The exchange,… Listen ⇢
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Bitcoin ‘liquidity zones swept’ but uptick in open interest hints at BTC recovery – MAXBIT
Bitcoin’s sharp sell-off caught many traders off-guard, intensifying the rate of long liquidations, but data shows bulls stepping in to buy the dip. Key points: Profit-taking near Bitcoin’s range highs aligns with traders’ previous reaction to new all-time highs. Dip-buying near key liquidation zones and consistent institutional investor demand suggest… Listen ⇢
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USA record and new balances – MAXBIT
In the first 14 days of August, Bitcoin network hashrate reached an average of 937 EH/s, marking a 4% increase compared to the previous period according to JPMorgan, while US miners continue to strengthen their influence, reaching 33.6% of global power. What does the new record of Bitcoin network hashrate… Listen ⇢
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ETH Spot ETFs Attract Record Net Inflows as Analysts Position Ethereum as Prime Macro Asset – MAXBIT
Ethereum has reached its strongest weekly close in four years, supported by rising institutional demand and record ETF inflows. The latest figures show a growing shift toward Ethereum as investors search for long-term opportunities. Record Inflows into Ethereum Spot ETFs Last week, ETH spot ETFs recorded around 649,000 ETH in… Listen ⇢
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Ethereum (ETH) Bull Market Over? Shiba Inu (SHIB) Risks Adding Zero Rocket, XRP’s Last Level Before $2 – U.Today – MAXBIT
Shiba Inu at risk XRP checks in Ethereum has most likely entered a corrective phase, which could be the beginning of the end of the bull market. Ethereum has been gradually declining after reaching a peak of about $4,800, and the price action is displaying the first discernible signs of… 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.
