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BTC Correction Amid Over $1 Billion ETF Outflows – MAXBIT
Bitcoin (BTC) price remains under pressure, consolidating above $111,980 support after dropping more than 3%. BTC pullback continued as weakening demand and profit-taking keep weighing in, as spot Exchange Traded Funds (ETFs) saw over $1.15 billion in outflows. Bitcoin Spot ETFs Record the Highest Weekly Outflow in Five Months Bitcoin… Listen ⇢
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Trump family went pro-crypto after Biden ‘weaponized’ banks: WSJ – MAXBIT
US President Donald Trump’s son, Eric Trump, said his family’s conglomerate was “debanked” after the 2021 Capitol attack incident. Eric Trump, son of US President Donald Trump, said the family became pro-crypto after they were “debanked” in the aftermath of the Capitol attack incident in early 2021. Several banks shut… Listen ⇢
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Bitcoin Reverses Powell Spike With a Flash Crash as Options Market Signals Jitters Ahead – MAXBIT
Bitcoin (BTC) fell below $111,000 during the overnight trade, reversing Friday’s spike caused by Fed Chair Powell’s dovish speech, as a whale sold into illiquid market conditions. The cryptocurrency’s price fell by over 2% from $114,666 to $112,546 in under ten minutes to 07:40 UTC. The so-called flash crash occurred… Listen ⇢
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$400T TradFi market is a huge runway for tokenized RWAs: Animoca – MAXBIT
RWA tokenization value recently surged to an all-time high, with more to come from TradFi’s $400 trillion addressable market, researchers said. Tokenized real-world assets may eventually represent trillions of dollars worth of traditional finance assets in a multichain future, according to Animoca. “The estimated $400 trillion addressable TradFi market underscores… Listen ⇢
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Expectations For September Rate Cuts Drop Despite Powell’s Speech – MAXBIT
Last week, Federal Reverse Chairman Jerome Powell set the crypto community on fire after speaking at the annual Jackson Hold economic symposium. During his speech, Powell had hinted toward possible rate cuts that could happen in the month of September, and since rate cuts have been historically bullish for risk… Listen ⇢
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What Did Crypto Whales Do as Ethereum (ETH) Hit a Record High? – MAXBIT
The crypto market witnessed significant activity over the weekend, with whales driving volatility across multiple assets, including Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), and more. On-chain data highlight a series of high-stakes transactions that happened as the broader market experienced a correction, while some managed to buck the trend. Whales… Listen ⇢
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Upgraded to Mid-Cap – MAXBIT
FTSE Russell, a London Stock Exchange Group (LSEG) subsidiary, announced on August 22 that Metaplanet has moved from the small-cap category to mid-cap. The company will join the FTSE Japan Index from September 22, a step that may raise its profile and attract institutional investment. FTSE Japan Entry Expands Global… Listen ⇢
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Don’t Get Fooled by $3 XRP, Bollinger Bands Warn – U.Today – MAXBIT
XRP’s bounce back up to $3 is grabbing people’s attention, but the technical analysis doesn’t paint a full-on bull picture. If you look at the daily chart, you’ll see that $3 lines up pretty closely with the Bollinger Bands’ middle line. So far, the price has not been able to… Listen ⇢
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Trump adviser David Bailey – MAXBIT
Trump’s crypto adviser, David Bailey, doesn’t think there will be a Bitcoin bear market for several years, but analysts aren’t so sure. David Bailey, entrepreneur and Bitcoin adviser to US President Donald Trump, says there won’t be another Bitcoin bear market for several years amid growing institutional interest in the… 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.
