Rise’n’Crypto

Last week started with inordinately large outflows from the Grayscale Bitcoin Trust, slowing day-by-day throughout the week. Some analysts now believe Bitcoin’s price has been consolidating, and it’s back on the hunt for all-time highs despite a mysterious lack of FOMO, according to Google Trends. Elsewhere, the EU wants to lift the veil on anonymous crypto transactions but scraps the $1,000 payment limit for self-custody wallets, and Do Kwon has been released from prison while Montenegro figures out where to send him.

Further reading:

• GBTC outflows meet ‘incredible demand’ ― 5 things to know in Bitcoin this week
• Bitcoin price clear for new record high as GBTC outflows drop to $170M
• EU scraps proposed $1K payment limit for self-custody crypto wallets
• Hospitality worker caught with $2.5B Bitcoin found guilty of money laundering
• Terra founder Do Kwon released in Montenegro

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’s price is almost exactly where it was last week, and yet so much has happened since. The Grayscale Bitcoin Trust ETF has continued to hemorrhage BTC, but there’s a theory that it’s coming to an end. According to one Reddit user’s research, a new dollar-cost averaging strategy, which could potentially be the best way to invest in Bitcoin, might empower you in your investment decisions. And are your keys safe on your MacBook?

Further reading:

• GBTC outflows top $358M, but one theory suggests it’s almost over
• Bitcoin trader says sub-$57K BTC price would help sustain bull market
• Backtested DCA strategy suggests selling Bitcoin at ‘extreme greed’ most profitable
• ‘Unpatchable’ flaw in Apple M-series chip may allow access to encrypted data
• OKX terminates services in India, asks users to withdraw funds by April 30
• Memecoin trader nets $8.9M profit in an hour, raising ‘insider’ allegations

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. 

Yesterday was a big macro day in the United States, and the crypto market responded well to the news as Bitcoin pumped 12% — but that just scratches the surface of the past 24 hours in crypto. The SEC has pushed back the deadline for deciding on whether to approve a spot Ether ETF, sparking rumors and reports that the SEC wants to classify Ether as a security. Coinbase is launching Dogecoin futures in what might be a tactical play, and could Grayscale really run out of Bitcoin?

Further reading:

• BTC price gains 12% post-FOMC while Bitcoin ignores $260M ETF outflows
• Biggest ETF outflow: At this rate, Grayscale will be out of Bitcoin in 4 months
• SEC pushes deadline on VanEck spot Ether ETF application
• SEC is attempting to classify Ether as a security: Report
• Apple co-founder wins against YouTube in Bitcoin scam lawsuit
• Coinbase to launch DOGE futures, says it ‘transcended’ meme origins
• BlackRock receives memecoins, NFTs after depositing $100M USDC on-chain

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 continued its dip, with the spot Bitcoin ETFs seeing a second consecutive day of outflows, so you might think it’s all suddenly looking pretty bleak, but that’s not the case. On a brighter note, the world’s largest pension fund is researching Bitcoin for diversification purposes, and the largest asset manager in the world, BlackRock, begins asset tokenization on Ethereum — not to mention the craziness that unfolded on BitMEX yesterday!

Further reading:

• BTC price dip hits 17.5% as week’s Bitcoin ETF net outflows near $500M
• World’s largest pension fund explores diversifying into Bitcoin
• BitMEX whale tanks Bitcoin price to $8.9K during BTC sell-off
• FTX victims describe ‘irreparable harm’ ahead of Sam Bankman-Fried’s sentencing
• SBF says proposed 50-year sentence casts him as ‘depraved super-villain’
• BlackRock begins asset tokenization with launch of digital liquidity fund

References:

• Cointelegraph's 'The History of Crypto' timeline

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 high volatility across the crypto market at the moment, so it’s important to understand why. In today’s episode, we’ll take you through the Bitcoin price barriers you need to be aware of, the record-breaking day for the spot Bitcoin ETFs we didn’t want, a medley of Binance news, and last but certainly not least, the SEC has been hit with sanctions for “gross abuse of power” in a crypto suit.

Further reading:

• Bitcoin levels to watch next as BTC price risks sub-$60K retest
• Spot Bitcoin ETFs hit negative flows as GBTC sheds $642M in a day
• Binance’s user assets under custody surpass $100B
• Binance offers $5M reward for insider trading tip-offs
• Facing potential prison time, former Binance CEO hints at new project
• SEC hit with sanctions for its ‘gross abuse of power’ in Debt Box case

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 has some interesting twists and turns. Network activity on Solana surpassed Ethereum over the weekend as a memecoin frenzy hits the network. Despite significant risks, traders sent over $100 million of SOL tokens to various memecoin projects. Bitcoin’s price has bounced back following a bull market correction of 12%, and Coinbase’s Ethereum layer-2 network, Base, sees a massive transaction spike following the Dencun hard fork.

Further reading:

• Solana activity flips Ethereum amid memecoin craze, even as txs fail
• Memecoin presales hit ‘peak degeneracy’ with over $100M raised in 3 days
• Bitcoin traders eye $60K BTC price support as ‘huge’ futures gap opens
• Base surges to 2M daily transactions following Dencun upgrade
• Arbitrum whales move $58M into exchanges after token unlock
• Starbucks says its NFT rewards program must come to an end

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. 

The Bitcoin community has been widely celebrating the outcome of a high-profile court case in the United Kingdom where a judge has ruled that Craig Wright is not the creator of Bitcoin. Meanwhile, Bitcoin mining difficulty reached a new historical high of 83.95 trillion hashes alongside a new BTC all-time high above $73,800. And Ethereum co-founder Vitalik Buterin says the ecosystem needs to shift toward a focus on layer-2 development following the completion of the Dencun hard fork.

Further reading:

• Judge rules Craig Wright is not Satoshi Nakamoto: Report
• Bitcoin mining difficulty reaches new historical high as halving looms
• Senators pressure SEC’s Gensler not to approve any more crypto ETFs
• Ethereum ecosystem needs a major mindset shift for global impact, says Vitalik Buterin

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. 

Bitcoin continues its upward trajectory, reaching yet another all-time high. This milestone, coupled with data indicating a potential entry into the “euphoria zone,” signals a classic bull market scenario. In other news, Elon Musk hints at the possibility of accepting Dogecoin for Tesla purchases, Franklin Templeton shares insights on memecoins, and the Bitcoin Fog case raises questions about the accuracy of blockchain forensics in detecting money laundering.

Further reading:

• Bitcoin analyst expects ‘big move’ as BTC price taps new $73.8K record
• Bitcoin price entering ‘euphoria’ zone amid wealth rotation from ‘HODLers to new investors’ — Data
• Elon Musk: Dogecoin will be used to buy Teslas ’at some point’
• Franklin Templeton goes ‘full degen’ with investor note on memecoins
• Bitcoin Fog crypto mixer founder guilty of money laundering, jury finds
• Dutch central bank reveals it fined Crypto.com for registration violations

References:

• J.W. Verret article on blockchain forensics

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 in price discovery mode, and we’ll update you on the stories of the past 24 hours, but it’s time to catch up on the events outside of BTC, too. Today is the day for Ethereum’s Dencun upgrade, and we’ll tell you why it’s important and why the radio silence from the U.S. SEC around a spot Ether ETF is unsettling (with words from two special guests!). In other news, two Binance executives are being held in Nigeria, Tether helps the U.S. DOJ and FBI recover scammed funds, and we’ve got the closing arguments in the Satoshi Nakamoto identity case between the Crypto Open Patent Alliance (COPA) and Craig Wright in London.

Further reading:

• Ethereum’s Dencun upgrade to launch in 2 days: Here’s why it matters
• SEC radio silence on Ethereum ETF ‘not a good sign’ — Bloomberg analyst
• Binance execs detained in Nigerian capital despite country exit
• Tether helps US DOJ and FBI recover $1.4M in stolen funds
• Final arguments begin in COPA case against Craig Wright over BTC claims

References:

• BitMEX Research thread on closing arguments, COPA Vs. Wright

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’s continuous surge to new all-time highs is no longer surprising, as it marked another significant milestone yesterday. The event sparked a flurry of reactions, from investment advice to concerns about a potential liquidity crisis. It has also raised some thought-provoking questions: Is the four-year cycle of Bitcoin coming to an end? Could U.S. President Joe Biden’s proposed 30% crypto mining tax impact the industry in the United States? What makes this halving event unique? This is a pivotal moment in the Bitcoin market — and this is a big episode!

Further reading:

• Bitcoin at $71K, same as $20K last cycle — BTC price analysis
• Large corporations, major wirehouses gearing up to buy Bitcoin: Bitwise
• Bitcoin has 6 months until ETF ‘liquidity crisis’ — New analysis
• Bitcoin buying advised as US enters the ‘looting-the-treasury phase’
• Biden resurrects 30% crypto mining tax in new budget proposal
• Bitcoin halving: What’s different this time around?
• Bitcoin is more of a ‘billion-dollar building in cyberspace,’ argues Saylor 

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.