Rise’n’Crypto

In today’s episode, we examine Tether’s response to growing transparency concerns around its $118 billion in reserves and the potential liquidity risks following the FTX collapse. We also discuss MicroStrategy’s plan to raise $1 billion to buy more Bitcoin, as well as the German government’s shutdown of 47 suspicious crypto exchanges over regulatory violations. In other news, we explore BlackRock’s SEC-approved options trading for its spot Bitcoin ETF, Iggy Azalea’s new crypto-friendly online casino, and the latest 2024 presidential election predictions on Polymarket. Tune in for all this and more from the world of crypto!

Further reading:

• Investors claim Tether’s $118B reserves may face audit and liquidity risks
• Germany seizes 47 crypto exchanges tied to ‘underground economy’
• Iggy Azalea unveils new online casino ‘Motherland’
• MicroStrategy raises $1.01B for Bitcoin acquisitions
• SEC approves options for BlackRock's spot Bitcoin ETF
• Kamala Harris leading in 4 of 6 swing states on Polymarket

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

In today’s episode, we explore Solana’s new “Seeker” device, which is designed to enhance DApp discovery and interaction, and we dive into a groundbreaking initiative from Harvard students — the “New Bretton Woods Project” — which aims to tackle the global debt crisis with Bitcoin and blockchain technology. In other news, Louisiana has made its first crypto payment via the Bitcoin Lightning Network, the SEC has taken its first action against pig butchering scams, Decentraland’s hacked X account pushes a phishing scam, and BlackRock has released a Bitcoin-focused white paper. Tune in for these stories and more from the world of crypto!

Further reading:

• Solana unveils new Seeker device, says it’s not just a ‘memecoin phone’
• Louisiana takes first crypto payment over Bitcoin Lightning
• SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
• Decentraland X account hacked, phishing scam targets MANA airdrop
• BTC rallies past $62.6K after BlackRock issues Bitcoin white paper
• Harvard students launch ‘New Bretton Woods Project’ to fix debt crisis
  
  

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

In today’s episode, we dive into California’s new laws to combat AI-generated deepfakes in elections and protect voter integrity, former Coinbase executives will launch their own exchange using the PayPal stablecoin for settlement, lawmakers in the US continue to scrutinize the SEC for allegedly politicizing its enforcement of crypto firms, and Bitcoin saw a price bump after the Federal Reserve cut US interest rates for the first time since 2020. Meanwhile, Donald Trump bought burgers with Bitcoin in New York City. Tune in for these stories and more from the world of crypto and tech.

Further reading:

• California passes package of laws to combat election deepfakes
• Ex-Coinbase execs to launch exchange using PayPal stablecoin for settlement
• Silvergate Capital files for Chapter 11 bankruptcy in Delaware
• US lawmaker accuses SEC of ‘enforcement abuse’ against crypto firms
• Bitcoin price attempts to turn the tide after Fed’s 0.5% rate cut
• Donald Trump uses Bitcoin to buy burgers at NYC bar
  
  

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

In today’s episode, we cover Donald Trump’s crypto project “World Liberty Financial,” which has left investors with more questions than answers. We also explore Bhutan’s surprising Bitcoin acquisition strategy, with the small nation now holding more BTC than El Salvador. In other news, USDC will expand to the Sui blockchain, boosting its cross-chain capabilities.

We also discuss the proposed NFT Act in the US, which could classify some NFTs as securities, and the continued fallout from the WazirX hack, with Binance denying any responsibility for the security breach. Tune in for these updates and more from the world of crypto!

Further reading:

• Donald Trump silent on World Liberty Financial, team unveils WLFI token
• Bhutan quietly amasses Bitcoin, doubling El Salvador’s holdings
• Circle’s USDC stablecoin to launch on Sui network
• Digital Chamber urges US crypto users to support new NFT bill
• Binance denies blame in $230M WazirX hack, urges user repayments

So, grab yourself a coffee, and let’s get into it!

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

In today’s episode, we discuss US senators addressing fraud concerns involving Bitcoin ATMs, as well as the recent DeFi hack targeting Delta Prime and the BaseBros rug pull. We also cover the crypto community’s relief efforts for Vietnam following Typhoon Yagi, in addition to the growing influence of crypto PACs in Arizona’s and Michigan’s Senate races.

Plus, we dive into the latest crypto investment trends, which have seen $436 million in inflows despite Ethereum’s continued struggles. Tune in for these stories and more from the world of crypto!

Further reading:

• US lawmakers urge top crypto ATM operators to tackle fraud
• Delta Prime DeFi protocol hacked for $6M on Arbitrum
• BaseBros DeFi rug pull results in $2M loss on Base
• Crypto community rallies for Vietnam typhoon relief with aid donations
• 50 days until US election, crypto Super PAC pours $7.8M into Senate races
• Crypto investment products see $436M inflows while Ethereum struggles

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

In today’s episode, we explore the launch of Donald Trump’s new crypto project, World Liberty Financial, as well as Worldcoin’s partnership with Solana’s Wormhole protocol.

Plus, we cover Sam Bankman-Fried’s plans to appeal his fraud conviction, Bitcoin analysts’ prediction that BTC will surge to $60,000 by the end of September, and Meta’s resumption of AI training in the UK. Tune in for these stories and more from the world of crypto and tech!

Further reading:

• Trump-linked crypto project ‘World Liberty Financial’ launches today
• Worldcoin partners with Solana’s Wormhole to expand World ID bridge
• Sam Bankman-Fried plans to appeal conviction and sentence
• Bitcoin analysts expect price surge to $60K by end of September
• Meta to resume AI training in the UK following regulatory pause
• Analyst predicts a 10-year commodities rally could benefit crypto markets

So, grab yourself a coffee, and let’s get into it!

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

Yesterday was expected to be volatile for Bitcoin as macroeconomic data from the US was released, but because the data was mixed, so was the reaction. It ended up being a rather quiet 24 hours for Bitcoin all-in-all, but outside of BTC, it was anything but. A consumer protection watchdog issued a warning about Tether’s reserves and lack of an independent audit, but are the criticisms justified? US diplomats have been applying pressure on Nigerian officials as the Binance exec imprisoned in February remains behind bars and with worsening health. And finally, Donald Trump announces the launch of his crypto platform, World Liberty Financial, led by his son — but what is it? 

Further reading:

• Bitcoin price slips from $58K as US PPI, jobless claims surprise
• What ‘far-fetched’ scenarios could still send Bitcoin price to $0?
• Consumer protection watchdog warns about Tether’s reserves
• US diplomats pressure Nigeria to release detained Binance exec
• Trump to launch World Liberty Financial crypto platform on Sept. 16

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

It’s nice to wake up to a green lock screen this morning as we see both crypto and crypto-related stocks bounce back from the recent dip. Nevertheless, the latest data from Santiment shows that whales’ transactions are down significantly since Bitcoin’s last all-time high in March as the market battles the general state of malaise. Elsewhere, we see yet another crypto exchange hack, this time with the Indonesian exchange Indodax, which went offline after $22 million was stolen from its hot wallets. Former Alameda Research CEO Caroline Ellison asks for time served and thus a non-custodial sentence, citing her cooperation with the US government as justification for the leniency. And finally, one trader makes use of a mechanism that allows them to acquire a $1.5 million CryptoPunk for just $23,000.

Further reading:

• Bitcoin whale transactions see ‘noticeable’ drop since March price peak
• Crypto stocks recover from dip as polls say Harris won debate against Trump
• Indonesian crypto exchange Indodax goes offline after suspected $22M hack
• Caroline Ellison asks for time served, citing cooperation with US gov’t
• Trader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrows

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

The first US presidential debate between Donald Trump and Vice President Kamala Harris took place last night and had a noticeable impact: Bitcoin’s price fell slightly, and Trump’s odds of election victory dropped 3% on Polymarket. This raises questions over what sort of impact the election’s outcome in November may have. Bernstein analysts predicted that a Trump victory could send BTC to $90,000 by the end of the year, while other analysts have suggested a Harris victory could spell a $30,000 price. Japan’s Metaplanet seems unphased, though, as it gets back to scooping up sats, becoming the third largest corporate holder in Asia. And that’s just Bitcoin! There’s a lot more I need to catch you up on, so carve 10 minutes out of your day for a debrief.

Further reading:

• Bitcoin drops on Trump-Harris debate, with BTC price down 2.2% pre-CPI
• Bitcoin shorters ‘likely to get burned’ if CPI prints as expected
• Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC
• Harris-Trump debate: Trump’s odds to win election fall 3% on Polymarket
• Crypto becomes US election issue for the first time — Survey
• North Carolina Senate overrides governor veto, passes bill banning CBDC

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

Bitcoin loves to surprise and confuse, and despite a litany of predictions that BTC was about to slide to the $40,000 range, it has instead solidified $54,000 as a strong support level and started moving in the other direction. On today’s episode, our market experts give you the latest analysis on BTC before breaking down the recent spot Bitcoin ETF performance woes and why it’s not as bad as it looks. In other news, a leaked Chainalysis video suggests Monero transactions may be traceable, and there are some wild statistics about the SEC’s enforcement actions against crypto companies.

Further reading:

• Bitcoin price shows strength above its recent lows — Here’s why
• Bitcoin ETFs record combined $1.2B in outflows in 8 days
• Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
• Leaked Chainalysis video suggests Monero transactions may be traceable
• SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.