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Allianz endorses Bitcoin as a ‘credible store of value,’ shifting from 2019 anti-crypto stance – MAXBIT
Allianz declared Bitcoin (BTC) a “credible store of value” in a recent investment report, marking the first time the $2.5 trillion asset manager has endorsed digital assets as a legitimate institutional investment. The report, titled “Bitcoin and Cryptocurrencies: The Future of Finance,” represents a dramatic shift from Allianz’s 2019 policy… Listen ⇢
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XRP Whipsaws on $2.84–$2.99 Range as Bulls Eye Breakout Above $3 – MAXBIT
XRP rallied toward the $3 mark in the past session, with trading volume spiking more than 6% above its weekly baseline. News Background • XRP’s rally comes amid broader crypto stabilization, with altcoins tracking modest inflows after last week’s drawdown.• On-chain data flagged institutional-sized flows, with nearly 155 million in… Listen ⇢
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New Crypto Coin Whales Are Buying Now for the Next 1000x Gain – MAXBIT
The Solana ecosystem has quickly become a hotbed for meme coins, with launches that can skyrocket in value within minutes. A recent example is Kanye West’s YZY token, which surged from $200 million to over $3 billion in market cap almost instantly, before crashing just as fast, according to a… Listen ⇢
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VERB TON acquisition company announces $780M in assets – MAXBIT
Public companies continue to diversify into altcoins, but with mixed effects on share prices and mixed reception from investors. VERB Technology Company, a Toncoin (TON) acquisition company, said it has accumulated about $713 million in TON and $67 million in cash, totaling over $780 million in assets. The company completed… Listen ⇢
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HBAR Rebounds as SWIFT Blockchain Trials Boost Bullish Outlook – MAXBIT
HBAR traded in a narrow but active 4% range from Aug. 20–21, climbing to $0.24 in the evening before correcting to $0.23 early the next day. By session’s end, the token had regained $0.24, reinforcing the $0.23–$0.24 band as a zone of support and accumulation. The rebound comes as broader… Listen ⇢
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BlackRock Sells Bitcoin and Ethereum in Rare Move – U.Today – MAXBIT
Amid the persisting sell-offs faced by the broad crypto market, BlackRock has also joined the trend. In a move that has sparked reactions from the crypto community, data from on-chain tracking platform LookOnChain has revealed BlackRock’s sale of large portions of its Bitcoin and Ethereum holdings. According to the data,… Listen ⇢
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BNB Token Treasury Company Windtree to Be Delisted From NASDAQ – MAXBIT
The healthcare-focused company will cease trading its stock on the NASDAQ by the end of the week, as its treasury strategy has not yielded results comparable to those of its industry peers. On a similar note, Strategy’s stock also experienced some jitters, albeit not as pronounced, due to other factors.… Listen ⇢
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State Street issues $100M digital debt securities on JPMorgan’s proprietary blockchain – MAXBIT
State Street launched its first digital debt securities using JPMorgan’s Digital Debt Service, executing a $100 million commercial paper transaction. According to an Aug. 21 statement, State Street Investment Management purchased the commercial paper for its Short Term Investment Fund. The debt securities are issued, settled, and serviced using blockchain… Listen ⇢
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U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’ – MAXBIT
A senior official at the U.S. Department of Justice knew the crypto audience in Wyoming had fresh software developer convictions on its mind when he told them on Thursday that his department doesn’t want to go after digital assets software developers who don’t have money-laundering intentions. Matthew Galeotti, acting assistant… 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.
