Rise’n’Crypto

The weekend might have seen Bitcoin dip into the $80K range a few times but it still secured the best weekly close on record and started Monday morning strong. So, to start today's episode I'll run down what you need to know about Bitcoin this week, then we'll move on to the wider crypto ecosystem. First up is the thought that Trump's policies may send DeFi mainstream, then the surge in NFT sales, and finally, how Solana-based DApps are raking in fees as memecoin demand returns to its former glory.

Further reading:

• BTC price weekly close nears $90K — 5 Things to know in Bitcoin this week
• Trump policies could take DeFi, BTC staking mainstream — RedStone co-founder
• NFTs weekly sales surge 94% as crypto market continues bullish run
• Solana-based DApps rake in record fees as memecoin frenzy returns

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. 

A wild 24 hours just unfolded and Bitcoin's 3% dip doesn't even make the list. Nevertheless, we'll start with a breakdown of why Bitcoin corrected yesterday before looking at comments made by VanEck's head of digital assets research on CNBC, as he says we're headed for "repeated all-time highs" over the next two quarters. Then, things have heated up with the SEC and its chair, Gary Gensler. Yesterday, Gensler doubled down on his crypto stance despite President-elect Donald Trump threatening to fire him (though we still don't know if that's a legal possibility.) Then, 18 US states filed a lawsuit against the SEC and Gensler for “gross government overreach” against the crypto industry. Finally, we spoke with the Consensys CEO about the situation and he says the SEC's cases against crypto firms are going to be "dismissed or settled."

Further reading:

• Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
• Bitcoin to hit ‘repeated all-time highs’ over next 2 quarters: VanEck
• SEC chair doubles down on crypto stance under threat of Trump ousting
• 18 US states file lawsuit against SEC and Gary Gensler
• SEC crypto cases will be ‘dismissed or settled’ under Trump: Consensys CEO

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 a packed debrief for you today and — would you believe it — it's not all Bitcoin, though that's where we'll start. With BTC hitting yet another new all-time high in the past 24 hours, the question of when we'll see a six-figure USD price tag intensifies. To address this, we collated end-of-year price predictions for Bitcoin from top analysts, and found a clear trend. Outside of Bitcoin (sort of), an AI firm adopted the MicroStrategy Bitcoin treasury play and its stock price jumped 66% in a day, MoonPay is bridging TradFi and DeFi with a new tool and 215 arrests were made in South Korea in a quarter-of-a-billion dollar crypto scam.

Further reading:

• Bitcoin analysts brace for 6 figures as BTC price seals $93.5K record
• Bitcoin price could fast-track to $100K high in November — Analysts
• $100K Bitcoin? 9 analysts share their end-of-year BTC price predictions
• AI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategy
• MoonPay boosts self-custodial crypto spending with new solution
• S. Korean influencer allegedly led $232M crypto scam, 215 arrested

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. 

Another wild 24 hours in crypto! Bitcoin managed to breach $90K yesterday for an all-time high, and although it slipped back, data suggests the rally has legs to go further. The question is, how much further? Outside of Bitcoin, Ethereum is quietly building its own comeback with a lot of statistics skewing bullish, Italy scales back its plan for a 42% capital gains tax on crypto, and Donald Trump taps Elon Musk and Vivek Ramaswamy to run a new government agency with the acronym "DOGE." Yes, really.

Further reading:

• Bitcoin profit-taking remains ‘below historical peaks’ amid $90K high
• 3 reasons why Ethereum price is headed toward $4K
• Ethereum ‘poised to benefit’ most from Trump win: Consensys CEO
• Italy scales back plans to hike crypto tax rate: Report
• Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’

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 the biggest US dollar price gain Bitcoin has ever seen in a single day. That statistic really gives you a sense of how incredible yesterday was. With a $100K price tag now just a stone's throw away, the conversation has switched to long-term targets as well as what is driving the short-term rally. Is it all Trump? And then, buried by the excitement, the FTX bankruptcy estate filed a massive $1.8B lawsuit against Binance and CZ that you need to know about!

Further reading:

• Bitcoin nears $90K, stages best weekly return since US banking crisis
• Bitcoin ETFs rope in $2.6B investments amid weekly bull run
• Bitcoin price will hit $1M, but at what cost? — Michaël van de Poppe
• Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec
• FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ

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 did not take the weekend off, that's for sure. Not only did we see Bitcoin continue price discovery into the $80K range for the first time, but a new Bitcoin market cap all-time high was reached as well. So, to set you up for the week, I'll first take you through what happened and what you need to watch for this week with Bitcoin. Then, we'll move into Edward Snowden's comments on decentralization and criticism of Solana, and finally, Cardano's $ADA pumps over 70% on the week and it seems to have been helped by comments from its founder, Charles Hoskinson.

Further reading:

• New record: Bitcoin surpasses $1.6 trillion market cap
• MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%
• $80K BTC price chases gold — 5 things to know in Bitcoin this week
• Snowden calls for decentralization, criticizes VC influence on Solana
• ADA price pumps 30% amid rumors of Cardano founder-Trump collaboration
• Charles Hoskinson shares new plans to ‘help foster' US crypto policies

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. 

Although Bitcoin is pushing higher and higher, all eyes were on US spot Bitcoin ETFs, which saw eye-watering numbers. BlackRock posted $1.1B in inflows yesterday, with all 11 ETFs bringing in $1.34B — a number that surprised even the most seasoned ETF analysts. After a Bitcoin rundown, we go through a complete overview of Ethereum as it stands, why it is currently thriving and perhaps even hinting at a "monster rally." Then we will look at an uncomfortable emerging trend as yet another prominent crypto figure is kidnapped.

Further reading:

• BTC price sets fresh all-time high near $77K amid 'long squeeze' fears
• BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high
• Ethereum set for a ‘monster rally’ as price nears $2.9K
• Ethereum deploys nearly $500M to ecosystem projects in 2022–23: Report
• Ethereum fees poised for rebound amid L2, blob uptick
• Ethereum holder turns $38K into $30M after 8 years
• WonderFi CEO kidnapped and forced to pay $1M ransom: Report

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 Donald Trump election victory continued to rally markets over the past 24 hours, with Bitcoin clocking another all-time high at $76,480. Spot Bitcoin ETFs were right there in the action, seeing a huge $6B in trading volume, but oddly, after doing over $1B in volume in the first 20 minutes, BlackRock's iShares Bitcoin Trust posted outflows. Elsewhere, Senator Cynthia Lummis immediately began pushing for a US strategic Bitcoin reserve, but even with Trump, it'll be tricky to implement. And finally, Hamster Kombat hemorrhages users as the Paws Mini App on Telegram makes a move for the crown.

Further reading:

• Bitcoin preps FOMC reaction as BTC price coils below new $76.5K record
• BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded
• BlackRock Bitcoin ETF sees $1B volume in first minutes of post-election trading
• Senator Lummis’ Bitcoin reserve proposal faces uphill battle
• Hamster Kombat loses 86% of users as Paws Mini App soars on Telegram

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. 

With mere rumblings of a Trump victory in the US presidential election, Bitcoin soared to an all-time high. Now, with Trump's win confirmed, there is a lot of bullish sentiment as he was seen as the crypto voter's favorite, but what does that really mean? What does Trump's victory mean for crypto? What will we see in the months after he takes office? What will change and what won't? In a special episode of the Rise'n'Crypto podcast, I'll take you through what happened with Bitcoin in the past 24 hours and everything you need to know about the impact of a Trump victory on crypto.

Further reading:

• Bitcoin hits new $75K high as Trump takes early election lead
• Bitcoin shorters ‘are getting rekt’ after new $75K high
• Bitcoin heads to the moon — Watch these BTC price levels next from $75K
• BlackRock's Bitcoin ETF sees 6th ever outflow on US election day
• 2024 US elections live: Trump elected US president for a second time
• Trump makes big promises about crypto in US — But can he deliver?

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. 

Many expected heavy volatility in the lead-up to today's US presidential election, but the past 24 hours have been quiet in what's being called a "calm before the storm" by Bitfinex analysts. So much hinges on the outcome of this election, though there are differing opinions on what the impact might be. Elsewhere, Coinbase is hit with allegations from big names in the crypto space that it is charging exorbitant fees to list tokens, and Microsoft may risk a shareholder lawsuit if it ignores Bitcoin and the price rises.

Further reading:

• ‘Calm before the storm’ — Bitcoin volatility stalls ahead of US election
• Bitcoin price outlook hinges on 2024 US election outcome — Analysts
• UK-based pension scheme makes 3% Bitcoin allocation
• Coinbase hit with $300M token listing allegations by Sun, Cronje
• Microsoft risks shareholder lawsuit if it ignores Bitcoin and prices rise — NCPPR
• 2024 US elections live: Crypto on the ballot

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.