Rise’n’Crypto

This weekend was “not typical,” according to one analyst, as they, and many others, weigh in on what it might mean. Some are looking at the unlikeliness of a major correction, while others are using Bollinger Band signals to suggest that if we follow past trends, we could see a price tag north of $140,000 by July. Surely not, right? Elsewhere, Coinbase has a major win in court regarding secondary crypto sales not being considered securities, Genesis buys $2.1 billion of BTC, and the Fantom CEO defends Solana over heavy criticism about failed transactions.Further reading:

• Bitcoin bulls nudge at $70K as BTC price sees 'not typical' weekend
• Bitcoin ‘pretty unlikely’ to revisit $50K price level, says analyst
• Bitcoin Bollinger Band signal suggests BTC could double by July
• Coinbase cleared in lawsuit over crypto transactions
• Genesis purchases $2.1B of Bitcoin following GBTC sell-off
• Paraguay’s proposed Bitcoin mining ban could cost it $200M a year
• Fantom CEO defends Solana amid network woes

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. 

Binance is winding down support for Bitcoin Ordinals just a few months after introducing them to its marketplace. PayPal is set to allow United States users to fund global money transfers using U.S. dollars converted from its native stablecoin, PayPal USD. ARK Invest CEO Cathie Wood says Bitcoin’s growth in value is driven by its appeal as a hedge against devaluing fiat currencies. And the Solana network is struggling with transaction completion issues.

Further reading:

• Binance ends support for Bitcoin Ordinals
• PayPal opens PYUSD stablecoin to USD conversions for cross-border transfers
• Bitcoin is hedge against ‘horrible’ gov’t fiscal policy — Cathie Wood
• Solana struggles: Record 75% of users txs are failing... or are they?

References:

• CNBC interview with Cathie Wood

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 starts with a big story as Ripple announces it will launch a U.S. dollar-backed stablecoin to rival Tether’s USDT and Circle’s USDC. Coinbase is one step closer to enabling Bitcoin Lightning payments, VanEck sees Ethereum layer 2s hitting a $1 trillion market cap by 2030, and Mike Novogratz’s Galaxy Digital is looking to raise $100 million to fund crypto startups — all that and more in today’s episode.

Further reading:

• Ripple set to launch stablecoin on XRP Ledger, Ethereum blockchains
• Ethereum layer 2s to hit $1T market cap by 2030: Van Eck
• SEC calls for comments on Fidelity, Grayscale and Bitwise spot Ether ETF applications
• Coinbase partners with Lightspark for Bitcoin Lightning payments
• Novogratz’s Galaxy Digital raising $100M to fund crypto startups: Report

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. 

Solana stakers are reeling as $24 million of Lido staked SOL is currently locked on liquid staking platform Lido due to a faulty smart contract. Meanwhile, crypto staking rewards outperform dividends paid out in the S&P 500 by 450%, and the U.S. Department of Justice moved $2 billion worth of Bitcoin linked to the Silk Road. All this and more in today’s episode!

Further reading:

• Lido staked SOL holders fret as $24M remains stuck on ‘broken’ contract
• Crypto staking rewards are now 450% higher than S&P 500 dividends
• Bitcoin miner bankruptcies will be less common this cycle — Hut8 CEO
• $2B in Silk Road Bitcoin seized by DOJ moves to new wallet
• Restaking could introduce ‘hidden risks’ to Ethereum — Coinbase

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. 

April Fools is behind us, so today’s episode features real stories. Bitcoin saw a 5% flash crash this Tuesday, which liquidated over $165 million in leveraged crypto positions. Sam Bankman-Fried speaks for the first time after being sentenced to 25 years behind bars, Tether buys more Bitcoin, and Vitalik Buterin shares details of Ethereum’s next development stage.

Further reading:

• Bitcoin 5% flash crash leads to $165M in leveraged crypto liquidations
• Sam Bankman-Fried speaks out after sentencing: ‘I never thought what I was doing was illegal’
• Tether boosts Bitcoin reserves with latest acquisition
• Vitalik Buterin shares the next steps for Ethereum Purge
• Phishing scam thefts on Base are up 1,900% from January — Scam Sniffer

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 returned to the spotlight over the Easter weekend, as on-chain data showed a mass exodus of $10 billion in Bitcoin from exchanges in 2024. Spot Bitcoin ETFs have played their part, with the nine new Bitcoin ETFs — excluding Grayscale’s Bitcoin Trust — now holding over 500,000 BTC. And BitMEX founder Arthur Hayes believes that memecoins could have a positive impact on the cryptocurrency space.

Further reading:

• Bitcoin exchanges’ BTC balances have dropped almost $10B in 2024
• New Bitcoin ETFs now hold 500,000 BTC, while GBTC outflows slow
• Grayscale introduces crypto investment fund that prioritizes staking rewards
• Vitalik Buterin wants rollups to hit stage 1 decentralization by year-end
• SEC’s spot Ether ETF concerns unfounded, Consensys asserts
• Don’t be too quick to ‘poo poo’ memecoins: Arthur Hayes

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. 

Yesterday was a historic day in crypto, but not one to celebrate. The Sam Bankman-Fried saga finally ended as the former FTX CEO was sentenced to 25 years in prison and received some direct and critical words from the judge. The broader FTX saga continues to unfold as the bankruptcy estate looks to offload its SOL tokens at a near 70% discount. In more positive news, how high can Bitcoin go? The price predictions are in!

Further reading:

• Bitcoin shows ‘signs of exhaustion’ as Q1 BTC price gains near 70%
• How high can Bitcoin go? New BTC price prediction sees cycle top at $180K
• Sam Bankman-Fried sentenced to 25 years in prison
• FTX estate to unload $7.6B locked Solana balance at 68% discount
• SBF memecoins pump and dump as FTX founder gets 25-year prison sentence

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 is rumbling with momentum, but which direction will it take? Some analysts worry that macroeconomic difficulties will push the price down, while others believe we’re in a bull run and could see BTC’s price hit $99,000 as soon as May. Elsewhere, a judge denied Coinbase’s request for dismissal, and the SEC is set to proceed with its case. In other news, KuCoin reacts to scrutiny from the U.S. Department of Justice in an unusual way, and a $7.5 billion AI crypto token merger proposal could shake up the scene.

Further reading:

• Bitcoin price falters as macroeconomic and regulatory headwinds mount
• Bitcoin currently in ‘middle of the bull run’ — Grayscale report
• Not just the halving: Why analysts are bullish on Bitcoin in 2024
• SEC can proceed with Coinbase lawsuit: Court ruling
• KuCoin plans $10M airdrop of BTC, KCS as Justice Dept., CFTC circle
• $7.5B AI crypto token merger scheduled for community vote on April 2

References:

• 'Anatomy of a Bitcoin Bull Market’ by Grayscale

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 had a strange and volatile 24 hours, so I will take a look at the research of analysts weighing up both sides of the equation. Meanwhile, the US Department of Justice charges KuCoin and its founders in a major case, there are pleas to stop memecoins, and the NFT game 'Munchables' is allegedly hacked by one of its own developers that were hired from North Korea, but you'll never guess what happened next.

Further reading:

• Bitcoin lacks support above $60K, chart shows as BTC price halts gains
• Bitcoin ‘sell-side liquidity crisis’ sees BTC move for the first time since 2010
• US Justice Department charges KuCoin and two founders with violating AML laws
• KuCoin says user assets are unaffected by the US SDNY indictment
• Crypto game Munchables on Blast exploited for $63M
• Munchables hacker returns $62.8M Ether without ransom
• Solana memecoin craze continues with Biden parody token reaching $250M market cap

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. 

Thank you for your patience; regular service has resumed. Bitcoin is back on the hunt for a new all-time high, spot Bitcoin ETFs have returned to positive flows (just), and a whale has moved over $6 billion of their Scrooge McDuck-sized fortune for the first time since 2019. Meanwhile, the SEC wants $2 billion from Ripple and five warnings over going full degen into memecoins. This is an episode you don’t want to miss!

Further reading:

• Bitcoin price reclaims $70K as Coinbase BTC supply hits 9-year low
• Is Bitcoin’s pre-halving retrace over? 52K BTC accumulated on Sunday alone
• Over $6B worth of BTC moved by fifth-richest Bitcoin whale
• Bitcoin ETFs see $15M comeback as BTC price taps best close in 10 days
• BlackRock’s ETF could flip GBTC in Bitcoin holdings within 3 weeks
• SEC will ask for $2B in fines and penalties — Ripple chief legal officer
• 5 dangers to beware when apeing into Solana memecoins

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.