Rise’n’Crypto

From the moment Friday’s episode was published, Bitcoin has been going green and has continued its ascent all weekend, but will it keep going? Today, we look at what the analysts are saying. In other news, a Satoshi-era wallet woke up after 10 years and other fascinating stories on Bitcoin, there’s a new lawsuit against Coinbase, the founder of BTC-e pleads guilty in a $9 billion money laundering conspiracy, and a mobile phone network wants to put crypto wallets on SIM cards.

Further reading:

• Bitcoin reaches one billion transactions
• Satoshi-era dormant Bitcoin address wakes up after 10 years
• Back to extreme greed past $65K? 5 things to know in Bitcoin this week
• Trader loses $68M in address poisoning scam 
• Coinbase faces new lawsuit over alleged investor deception
• BTC-e founder pleads guilty in $9B money laundering conspiracy
• Vodafone looks to integrate crypto wallets with SIM cards

References:

• Crypto users to reach almost one billion in 2024, analysts predict 

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 looks to be back on the ascent, but it’s meeting tough resistance at $60,000, so we look at what some analysts are saying. In other news, Jack Dorsey’s Block is dollar-cost averaging massive amounts into BTC, and the whale known as “Mr. 100” is buying the dip. Elsewhere, Bitcoin layer 2 Stacks hit an all-time high for active users, the ZKasino scam suspect is arrested, and Pantera invests in TON.

Further reading:

• Bitcoin price is failing to break these 2 key resistance lines at $60K
• Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes
• ‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
• Stacks active accounts reach record high amid growing interest in Bitcoin DeFi
• ZKasino scam suspect arrested, $12.2M seized by Dutch authorities
• Pantera invests in TON with high expectations for Telegram’s future
• New Telegram mini-apps will be so convenient users won’t know it’s crypto

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. 

The last 24 hours saw a lot of high-level analysis of Bitcoin in the wake of its heavy dip. Analysts and traders have been out in force to predict what will happen next, and we’ve got all the best insights for you. Meanwhile, Tether posted absurd profits in Q1, and we’ve got a round-up of crypto venture capital funding in the past month to keep you ahead of the curve.

Further reading:

• The reasons Bitcoin price is down 11% since the halving
• Bitcoin dumps ‘bull market excess’ as daily ETF outflows pass $500M
• BlackRock Bitcoin ETF sees first outflow day amid record ETF bleed
• Jerome Powell’s pivot heralds a boring summer for Bitcoin
• Bitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — Analyst
• Bitcoin L2s set to explode as Runes congest BTC network
• Tether nets record $4.5B profit in Q1 2024 — majority from Bitcoin and gold
• VC Roundup: Gaming investments surge 94% in Q124 as market rebounds

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. 

This week is shaping up to be one of the most memorable in crypto history, with enormous story after enormous story unfolding. Firstly, we look at why Bitcoin took a sizeable hit in the past 24 hours, losing its $60,000 support and liquidating investors left and right. Then, we’ll look at the ex-Binance CEO, Changpeng “CZ” Zhao, being sentenced to four months in prison, which is markedly shorter than most people expected. Elsewhere, “Bitcoin Jesus” is arrested and hit with an eye-watering tax bill. It’s all happening in crypto, but Cointelegraph has got you covered.

Further reading:

• Bitcoin price loses $60K support to hit 2-month lows
• ‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correction
• ‘No signs’ of Bitcoin miner capitulation despite plummeting revenue
• Ex-Binance CEO Changpeng Zhao sentenced to four months in prison
• US Justice Dept charges Roger Ver with tax fraud
• Coinbase integrates Lightning Network for Bitcoin transactions

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 contains some of the most important crypto stories, not just in the past 24 hours but in all of crypto history. This isn’t hyperbole — while Bitcoin is quiet, the U.S. Department of Justice is being slammed for its case against Tornado Cash and its founders. The U.S. SEC and its Chair Gary Gensler may have determined Ether is a security at least a year ago without making it public. And a North Korean hacking group has laundered over $200 million in stolen crypto since 2020, according to a 15-month investigation by ZachXBT.

Further reading:

• Bitcoin price battles for $63K support amid warning bulls ‘complacent’
• Worst month since 2022 bear market? 5 things to know in Bitcoin this week
• DOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — Lawyer
• SEC and Gensler believed Ether was security for at least a year
• Lazarus Group laundered over $200M in hacked crypto since 2020

References:

• How Lazarus Group laundered $200M from 25+ crypto hacks to fiat from 2020–2023

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. 

There is a hidden theme to this episode: sometimes, a lack of change can indicate a major change to come. Bitcoin’s price spent the weekend mainly around the same level, but analysts point to a “strong bullish setup” as the consolidation period extends. Yuga Labs, the creator of the Bored Ape Yacht Club NFTs, has begun restructuring to overcome stagnation and get the company back to its roots. Ethereum network fees hit a six-month low, but that gradual decline might indicate an incoming altseason — and a big one at that.

Further reading:

• Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst
• Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
• ‘Lost’ Yuga Labs restructures again, with layoffs, new executive
• Google Cloud’s Web3 portal launch sparks debate in crypto industry
• 6-month low Ethereum fees suggest altseason is inbound — Santiment
• Crypto trader sees best ‘altseason’ since 2017 as Bitcoin price cools

References:

• Google Cloud Web3 Portal 

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. 

You shouldn’t miss an episode of Rise’n’Crypto, but if you have to, this isn’t the one. Whales are on the move, and the SEC is being sued over what could be a reason for spot Ethereum ETF applications being denied in May. We’ll break down why tokenization has major players in finance hot under the collar, and yesterday, users could buy the new Solana phone and be $30 better off for doing so. It’s a wild episode today!

Further reading:

• ’Epic sat’ mined from fourth Bitcoin halving block sells for $2.1M
• ‘Giant buy’ signal? Crypto whales transfer $1.3B to Coinbase
• Boomers to pour $300B into crypto markets — Morgan Creek Capital
• US SEC expected to deny spot Ether ETFs in May
• Consensys files lawsuit against SEC and commissioners over Ether regulation
• Tokenization’s next phase requires real-world data integration — Chainlink
• Solana Mobile ‘Chapter 2’ airdrops briefly exceed cost of pre-order

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. 

Crypto ETFs are back in the news as Hong Kong approves spot Bitcoin and Ether ETFs to start trading on April 30. On the other hand, BlackRock’s iShares Bitcoin Trust ETF saw zero inflows for the first time since it launched. Elsewhere, the wild OneCoin story continues to unfold, Nigeria’s central bank has to deny a heavy-handed directive, and Hedera’s token pumps and then dips as an announcement about BlackRock is misinterpreted, with drama ensuing.

Further reading:

• Hong Kong Bitcoin and Ether ETFs officially approved to start trading on April 30
• $1M Bitcoin price still in play amid ‘macro liquidity surge’ — Arthur Hayes
• US authorities arrest and charge new figure in OneCoin scheme — Who is William Morro?
• Nigeria’s central bank forced to deny claims of crypto account freeze
• Hedera’s HBAR token pumps 96% on misinterpreted BlackRock announcement
• BlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32%

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 have some huge stories from the past 24 hours from every corner of crypto. Jack Dorsey’s Block is developing a full Bitcoin mining system that could increase efficiency for miners post-halving, Binance is being sued in Canada, Tether is in the middle of U.S.-Venezuela oil tensions, El Salvador’s state Bitcoin wallet has its code leaked by hackers, and there’s still hope if you have lost your crypto wallet password. If you want all the latest news from crypto, you better carve out 10 minutes to listen!

Further reading:

• Bitcoin whale ‘FOMO’ hits as BTC price coils below $67K liquidity zone
• Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
• Binance sued in Canada for securities law violations
• Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions
• El Salvador: Hackers leak code of state Bitcoin wallet
• Father-son team says they’ve recovered $6M in lost crypto

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. 

This is another one of those days where Bitcoin price stagnation is not remotely indicative of how interesting the past 24 hours have been! On the Bitcoin front, Fidelity Digital Assets no longer considers it “cheap.” Still, we’re reminded that BTC’s major price gains are typically at the tail-end of a bull cycle, and we’re somewhere near the start. Bitcoin’s fees crashed back to earth after the halving, not that Peter Schiff noticed, as he again called Bitcoin a “failure.” Elsewhere, two SEC lawyers were allegedly forced to resign after a judge found a “gross abuse” of power by the agency in its case against Debt Box, and the SEC wants $5.3 billion from Terraform Labs and Do Kwon. Meanwhile, memecoin madness continues!

Further reading:

• Bitcoin ‘no longer cheap’ — Fidelity revises medium-term outlook for BTC
• Bitcoin Bollinger Bands hit level that saw BTC price squeeze past $50K
• Bitcoin fees crash after record daily average of $128 on halving day
• SEC lawyers resign after ‘gross abuse’ of power in crypto case — Report
• SEC seeks $5.3B judgment against Terraform Labs and Do Kwon
• 12 Solana presale memecoins abandoned after just a month
• Shiba Inu memecoin raises $12M from institutional investors

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.