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KindlyMD Closes $200M Convertible Note Funding for More Bitcoin – MAXBIT
KindlyMD (NAKA), the Nasdaq-listed firm that’s recently merged with bitcoin (BTC) treasury firm Nakamoto closed a $200 million convertible note offering late Friday. The convertible notes bear no interest in the first two year, then they carry a 6% annual rate starting in year three until maturity in 2028. The… Listen ⇢
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Bitcoin consolidation below $123,000 reflects caution rather than market weakness – MAXBIT
Bitcoin’s (BTC) stalling between its recent all-time high and range lows is a sign of investors digesting the movement rather than market weakness. According to the August 18 Bitfinex Alpha report, BTC surged to a record $123,640 before retreating 5.44% from peak to trough, returning to the lower end of… Listen ⇢
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South Korean Island Targets Crypto Tax Evaders – MAXBIT
Jeju City uses AI and exchange data to seize $14M in crypto tax from evaders, highlighting South Korea’s crackdown on hidden digital assets. Jeju City, the capital of South Korea’s Jeju Island, has launched a major crackdown on tax evaders hiding wealth in cryptocurrencies. Tax officials recently completed a large-scale… Listen ⇢
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SEC Delays Decision on CoinShares Spot Litecoin ETF – MAXBIT
SEC delays CoinShares Spot Litecoin ETF decision again, citing market risks and fraud concerns; final ruling expected by October 2025. The U.S. Securities and Exchange Commission (SEC) has postponed its decision on CoinShares’ proposed spot Litecoin (LTC) exchange-traded fund (ETF). This delay is part of a broader pattern of regulatory… Listen ⇢
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No Major Flow Between Old and Young Coins – MAXBIT
Bitcoin is once again facing a crucial test after slipping below the $120,000 level, with selling pressure weighing on price action. The market has entered a clear consolidation phase, with BTC moving within a well-defined range between strong resistance above $120K and key supports below. Traders are closely watching these… Listen ⇢
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Lazarus Group Behind $23M Crypto Theft on UK Start-Up – Crypto Users Turn to Best Wallet – MAXBIT
Details have finally emerged about the $23M hack that crippled US-based crypto exchange Lykke late last year. The culprit? North Korea’s Lazarus Group, once again. With hacks like these becoming more prevalent, the need for secure, non-custodial storage becomes increasingly necessary. This is where Best Wallet shines, a solution designed… Listen ⇢
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Breaking Update on Several Spot Ripple (XRP) ETF Filings – MAXBIT
TL;DR The United States Securities and Exchange Commission has provided a new update on a few of the spot Ripple ETF filings. The underlying asset has struggled in the past few days but has managed to return above a crucial support level at $3. The first update published minutes ago by… Listen ⇢
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Strategy Increases Bitcoin Treasury With $51 Million Purchase – MAXBIT
Strategy has added to its already massive Bitcoin reserves with a fresh multimillion-dollar acquisition. Strategy has acquired 430 BTC for ~$51.4 million at ~$119,666 per bitcoin and has achieved BTC Yield of 25.1% YTD 2025. As of 8/17/2025, we hodl 629,376 $BTC acquired for ~$46.15 billion at ~$73,320 per bitcoin.… Listen ⇢
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Hong Kong Regulator Warns of Stablecoin Scam Risks – MAXBIT
Hong Kong regulators warn of rising stablecoin scam risks as new rules spark market hype and attract unlicensed, deceptive platforms. Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about rising fraud risks tied to stablecoins. The alert comes after new regulations took effect. Ye Zhiheng, executive director… 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.
