Rise’n’Crypto

After a warzone week, it’s time to get the lay of the land and find out what the analysts are saying about Bitcoin; will it continue to slide back toward a sub-$60,000 price, or is the market consolidating before another attack on $70,000? Outside of Bitcoin, the U.S. SEC has shot down Ripple’s latest court argument, Donald Trump continues to make crypto a key part of his election campaign, and crypto startup funding reaches a record high. Carve out just 15 minutes from your day for all this and much more!

Further reading:

• $66K BTC price now ‘critical’ — 5 things to know in Bitcoin this week
• Deutsche Telekom announces Bitcoin mining plans at BTC Prague
• SEC shoots down Ripple’s argument for a lower penalty
• Donald Trump vows to end Joe Biden’s ‘war on crypto’
• Gary Gensler could ‘literally cost Joe Biden the election’ — Mark Cuban
• Crypto startup funding eclipses $100B

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

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 look at Terraform Labs’ decision to end operations and handover control to the Terra community, MicroStrategy’s plans for a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset, and Paradigm raising $850 million for a third crypto fund.

Further reading:

• Terraform Labs to end operations, Terra community will take over
• MicroStrategy plans $500M stock sale to buy more Bitcoin
• Bitcoin whales scoop up $1.4B in 24 hours amid market correction
• President Biden announces picks for SEC, FDIC and Treasury leadership
• Paradigm raises $850M for third crypto fund

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

This episode of Rise’n’Crypto is brought to you by Cointelegraph and is 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 look at Terraform Labs’ agreement to pay the United States SEC roughly $4.47 billion as part of its settlement with the securities regulator. Consensys-owned Ethereum wallet MetaMask has rolled out native pooled staking, Bitcoin mining stocks soared double digits after Donald Trump met with several U.S.-based mining firms, and TON has flipped Ethereum in daily active users — but is that the full story?

Further reading:

• BREAKING: Terraform to pay $4.47B to resolve SEC civil lawsuit
• Bitcoin miners rise 10% after Trump promises to back US miners
• TON flips ETH in daily active users, but that’s not the full picture
• Circle announces Solana programmable wallets, gas station
• MetaMask enables pooled staking for Ethereum holders

Grab yourself a coffee, and let’s get into today’s episode!

This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Gareth Jenkinson. You can follow Gareth on Twitter.

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 news, Donald Trump reiterates his support for the Bitcoin mining industry after hosting a meeting with several executives from United States crypto mining firms. Meanwhile, Elon Musk has moved to withdraw his lawsuit against OpenAI and its CEO, Sam Altman — which accused the artificial intelligence firm of deviating from its original mission to develop AI to benefit humanity, not for profit. We’ll also unpack Raoul Pal’s claims that around two-thirds of the net inflows into spot Bitcoin BTC ETFs may be coming from arbitrage trading.

Further reading:

• Trump wants Bitcoin ‘made in the USA’ after hosting mining industry heads
• Elon Musk drops lawsuit against OpenAI CEO Sam Altman
• ‘Vast majority’ of ETF flows could be driven by arbitrage: Raoul Pal
• BODEN memecoins briefly spike after Hunter Biden guilty verdit
• Dormant Bitcoin wallet moves $536M after over 5-year hiatus

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

This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Gareth Jenkinson. You can follow Gareth on Twitter.

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 news, Elon Musk has threatened to ban Apple devices at his companies if Apple integrates OpenAI’s ChatGPT into its iOS operating systems, the SEC has received another spot Ether ETF application from asset manager ProShares, and travel platform Travala has announced an integration with the TON blockchain. In other news, infrastructure provider Fireblocks now offers derivatives and trading products, and Iggy Azalea announced that she is relaunching her mobile company, which led to her MOTHER memecoin surging in price. Finally, we’ll bring you the latest from Binance and spot Bitcoin ETFs.

Further reading:

• Elon Musk to ban Apple devices if OpenAI is integrated in OS
• SEC considers spot Ether ETF application from ProShares
• Travel booking site Travala gets Telegram Open Network integration
• Fireblocks adds Coinbase International for perpetual futures, spot trading
• Iggy Azalea’s MOTHER memecoin surges 30% on mobile company announcement
• Binance CEO: Crypto industry has shifted from ‘early adopters’ to ‘early majority’
• Bitcoin ETFs sucked up 2 months of BTC mining supply in first week of June

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

This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Gareth Jenkinson. You can follow Gareth on Twitter.

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. 

Today’s episode starts with Donald Trump and his pro-crypto rhetoric, as well as the criticism of Ethereum’s leadership for its opinions on celebrity memecoins. Next, we’ll talk about Friend.tech announcing its blockchain network and Binance hitting 200 million users. And in other news, the Arbitrum Foundation has allocated $215 million to boost game development on its blockchain, and Bakkt — the crypto platform by NYSE’s parent company — may be sold or broken up due to financial struggles.

Further reading:

• Donald Trump doubles down on crypto support at fundraiser event: Report
• Ethereum leaders are stuck in a ‘massive contradiction’ — Wintermute CEO
• Friend.tech’s plan to develop own blockchain leaves users confused
• Binance reaches 200M users with $100B in assets under custody
• Arbitrum to distribute $215M in ARB tokens for gaming innovation
• New York Stock Exchange-backed Bakkt considers sale — Report

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

This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Gareth Jenkinson. You can follow Gareth on Twitter.

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. 

We have a big selection of stories for you to get you ready for the weekend. We’ll start with a Bitcoin and Ethereum rundown, looking at why today could be important for Bitcoin’s momentum, which direction it could go, and U.S. SEC Chair Gary Gensler’s latest comments on spot Ether ETF’s potential launch date. In other news, BNB has hit a  new all-time high, Franklin Templeton wants to create a private altcoin fund, and the big shorts against MicroStrategy are not having much luck.Further reading:

• Bitcoin may retest $69K next as shorts keep BTC price below all-time high
• Ethereum ETF launch date depends on issuers, not SEC — Gensler
• BNB blasts past $700. Is there a limit to this rally?
• Franklin Templeton considers new altcoin-focused crypto fund
• Developer posts secret key on GitHub, loses $40K in 2 minutes
• Big shorters are betting $6.9B against MicroStrategy stocks

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

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. 

Today’s episode must be one of the busiest of the year so far, with things heating up across the board and not just in terms of prices. In today’s episode, we bring you the latest news and analysis on Bitcoin and Ethereum, a look at Coinbase’s new smart wallet, and one of the most interesting stories of the year so far: the tokenization of a $9 million violin, which was then used as collateral for a loan.

Further reading:

• Bitcoin price at $72K is the ‘fuse’ to reach new ATH — Analyst
• Franklin Templeton CEO says Bitcoin investment still in early phase
• Largest Bitcoin mining firm sold 63% of mined BTC in May
• Bitcoin bull run’s ‘most important chart’ hits new $94T all-time high
• ETH ecosystem users 9x since 2020 as VanEck tips $22K by 2030
• Coinbase rolls out smart wallet with no gas fees and easy onboarding
• Galaxy Digital uses historic violin NFT to secure loan

References:

• Why we need wide adoption of social recovery wallets 

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

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 has seen another solid 24 hours as its price blasted through the $70,000 threshold, and it’s clear to see why, as U.S.-based spot Bitcoin ETFs see their second-best day of inflows ever — but that’s not the only reason. In other news, a flagship partnership is struck between Deutsche Bank and Bitpanda for real-time crypto payments, and a glitch on the NYSE caused Berkshire Hathaway stock to show as being down 99%, which is true if you set it against Bitcoin since 2015!

Further reading:

• Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows
• Bitcoin ETFs make 26% of BlackRock's 2024 inflows, 56% of Fidelity’s
• Bitcoin dormant for 5 years or more awakens in new ‘distribution’
• Deutsche Bank and Bitpanda join forces for real-time crypto payments
• Warren Buffett’s Berkshire Hathaway did crash 99%... against Bitcoin since 2015

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

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. 

When the shortlist of analysts share their observations — whether bullish or bearish — as long as there’s a trend, we bring it to you. Nobody wants to start their day with bearish news, but sometimes it’s necessary. Fortunately, today, it’s wall-to-wall with bulls. After that hype train, we’ll deliver some tonic in the form of a more than $1 million crypto hack that used a Chrome plugin to steal cookies before capping off with the wild ascent of Notcoin.

Further reading:

• Bitcoin transaction value hits yearly high with $25B moved
• Bitcoin hash ribbons flash the first buy signal since $25K BTC price
• A BTC price breakout ‘never seen before’ — 5 things to know in Bitcoin this week
• Hackers exploit Chrome plugin to steal millions from Binance accounts
• Why is Notcoin up 300% over the past week?

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

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.