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Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce – MAXBIT
Hawkish remarks from the Federal Open Market Committee’s late July meeting have — for the moment — put the kibosh on the crypto market’s modest attempt at a rally on Wednesday. “A majority of participants judged the upside risk to inflation as the greater of these two risks,” read the… Listen ⇢
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Crypto advocacy groups double down on Quintenz confirmation at CFTC amid pushback – MAXBIT
Seven organizations affiliated with crypto urged a quick confirmation of Brian Quintenz to the CFTC, though nothing was scheduled on the Senate calendar before its recess. Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity… Listen ⇢
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10 Low-Cap Coins That Could Go Parabolic This Altcoin Season – MAXBIT
As the crypto market enters a new phase, a spotlight is turning to low-cap meme coins, which are known for their potential to deliver significant returns. While highly speculative and volatile, these assets can see explosive growth, especially during an altcoin season when interest and capital shift from Bitcoin to… Listen ⇢
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Solana Is Not Dead? This Upper Boundary Retest Could Set The Stage For $268 – MAXBIT
Solana (SOL) has once again stepped into the spotlight as analysts weigh in on its potential price trajectory. Despite recent volatility and declines, a new technical analysis suggests that the altcoin could be gearing up for a major move that could see its price skyrocket to around $268. Ascending Triangle… Listen ⇢
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Crypto Shrugs at Fed Minutes as Trump’s Tariffs Take Center Stage – MAXBIT
Bitcoin and Ethereum traded flat on Wednesday after the Federal Reserve released its July meeting minutes. Markets expected volatility, but the crypto market showed little reaction. The Federal Open Market Committee (FOMC) left rates unchanged at 4.25%–4.5% in July. The minutes confirmed that Fed Governors Christopher Waller and Michelle Bowman… Listen ⇢
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51% attack on Monero prompts proposal to overhaul consensus mechanism – MAXBIT
Several solutions have been proposed to bolster Monero’s proof-of-work consensus mechanism to prevent 51% attacks on the network. The Monero community is exploring a potential overhaul of its proof-of-work (PoW) consensus mechanism to make the network resistant to 51% attacks. Community members suggested several proposals, including localizing mining hardware, switching… Listen ⇢
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Chainlink’s LINK Surges 8%, Defying Crypto Weakness – MAXBIT
Oracle network Chainlink’s (LINK) native token showed remarkable strength during the Wednesday session as cryptocurrencies attempted to bounce back from yesterday’s carnage. LINK topped $26, gaining 8.3% over the past 24 hours and erasing Tuesday’s losses. It vastly outperformed most large-cap cryptos, including bitcoin’s (BTC) modest 0.5% and ether’s (ETH)… Listen ⇢
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SoFi Pioneers U.S. Bank Integration with Bitcoin Lightning – MAXBIT
SoFi integrates Bitcoin Lightning and UMA for fast, low-cost international transfers, starting with Mexico. A bold move in fintech. SoFi Technologies made a big announcement that has caught the attention of many. The digital bank will be the first U.S. bank to use the Bitcoin network and Universal Money Address,… Listen ⇢
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Ripple’s RLUSD Takes Center Stage As NYSE-Listed Company Moves $1.5B Through XRP Ledger – MAXBIT
Bullish (NYSE: BLSH), a global digital asset platform, raised $1.15 billion in proceeds, making it the first IPO in U.S. financial history to use stablecoins. The majority of proceeds from the IPO included multiple stablecoins such as USDC, EURC, and Ripple USD (RLUSD), which Ripple issued on the XRP Ledger.… 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.
