Rise’n’Crypto

A strong weekend for Bitcoin has led to one of the best weekly closes in months as BTC hit $69,500 in the past 24 hours. Naturally, all eyes move to $70K as the analysts look at where resistance lies and whether we will see another correction before Bitcoin can soar. Curiously, while the price edges toward the March all-time high, retail interest is around the lowest it has been in four years, according to Google Trends data. Elsewhere, Tether's market cap hit a record of over $120B, which is typically a positive sign, Stripe is said to have acquired crypto firm Bridge, a crypto influencer is caught out in a lie, and apparently, most memecoins Andrew Tate has mentioned have crashed to zero. It's a busy episode this morning!

Further reading:

• Lowest search interest since 2020 — 5 things to know in Bitcoin this week
• Tether’s USDT hits record $120B market cap, flashing ‘Uptober’ signal
• TechCrunch founder says Stripe has acquired Bridge for $1.1B
• Popular crypto influencer Jaypeg accused of promotional scam
• Most Andrew Tate-endorsed memecoins crashed to zero

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 a dip or two in the past 24 hours but it's still battling away to capture $68K and hold it, and while some traders are hoping for a heavy correction to scoop up more Sats, BTC is on the precipice of a major breakout as it turns around a seven-month slump. Elsewhere, the FBI has finally arrested the person behind the SEC X account hack in January that gave a false start to the spot Bitcoin ETFs getting the green light. Worldcoin rebrands to just “World” and launched a layer-2 network that prioritizes verified humans. And finally, are we in a memecoin supercycle? (And what is it?!) For all of this and more, grab yourself a coffee and let's get into it!

Further reading:

• BTC price set to break 7-month slump as Bitcoin ETFs hit $65B record
• Bitcoin bears could turn ‘giddy’ at prospect of sub-$60K BTC price
• FBI arrests hacker behind SEC fake Bitcoin ETF approval
• World unveils new layer-2 network 'World Chain'
• The ‘memecoin supercycle’ theory is converting crypto unbelievers

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 spent yesterday wrestling with that $68K threshold once again and with record-breaking open interest, you could be forgiven for thinking it's full steam ahead now. However, some analysts are warning we may see one final dip before the rocket can truly take off. Elsewhere, Chainalysis appears before the New York Supreme Court to defend a $650M defamation suit over an "investment scam" label, 94% of Asian private wealth is reportedly investing in or considering crypto, the RWA sector is set to explode, and is Dogecoin about to see a "god candle?" It's an episode you don't want to miss.

Further reading:

• Bitcoiners should be wary of final dip ‘before another leg up’ — Analyst
• Chainalysis to appear in court over $650M defamation suit
• 94% of Asian private wealth is investing or considering crypto: Report
• RWA tokenization sector could see 50x growth by 2030: Report
• Dogecoin 'god candle' coming? DOGE price jumps 10%

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 enjoys a strong 24 hours with 2.5% gains on the day, three-and-a-half year highs for Bitcoin dominance and the highest open interest in 12 months. So now all eyes are on whether BTC can breach that psychological threshold of $69K. Elsewhere, Coinbase and Glassnode collaborate on a report that gives us a macro view of the industry this year, with one of the key takeaways being that the market has matured "dramatically." Senator Elizabeth Warren and John Deaton face off in their first debate for the Massachusetts seat and it got spicy! And finally, another wave of convincing phishing emails does the rounds, aimed at Ledger users, in a growing problem for the space.

Further reading:

• Bitcoin dominance hits 3.5-year high as altcoins get left behind
• Bitcoin open interest soars to 1-year high as BTC price rallies toward $68K
• Crypto market matured ‘dramatically’ in 2024: Coinbase
• Warren, Deaton spar over crypto in first debate for US Senate seat
• Ledger users targeted by malicious ‘clear signing’ phishing email

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. 

Is "Uptober" finally getting started? Perhaps, but we've been around this price before in the last month, so William Suberg looks at what is different this time, including a lofty price target for this bull run based on the RSI peaks of past cycles. Elsewhere, the Avalanche Foundation has bought back nearly two million AVAX tokens it sold to Terra one month before it collapsed, Kamala Harris hints at softer stance on crypto but many aren't convinced, and Grayscale lists 35 altcoin candidates for new products. So, grab yourself a coffee and let's get into it.

Further reading:

• Is Bitcoin’s Uptober beginning, or will today’s BTC rally end with more of the same?
• Different this time? Bitcoin RSI says $233K BTC price possible in 2025
• Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
• Kamala Harris to unveil campaign support for crypto and cannabis
• Grayscale puts DOGE, Worldcoin on list of 35 potential crypto products

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 weekend didn't have much to offer in the way of Bitcoin price action until late last night, when we saw such rapid gains that it liquidated over $100M in short positions. Outside of Bitcoin, BNB onchain activity tanks 37% in a week, scientists breach crypto algorithms with quantum computers, an AI bot causes a memecoin to go parabolic and a man who lost half a billion dollars of BTC in a landfill is suing the council for $647M in damages!

Further reading:

• Crypto short liquidations breach $100M as Bitcoin reclaims $64K
• BNB DApp volumes down 25% in a week — Will BNB price follow?
• Scientists breach cryptographic algorithms with quantum computer: SCMP
• An AI bot didn’t create the GOAT crypto token — But did shill it
• British man sues council for $647M over lost Bitcoin in landfill

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. 

That was a tumultuous 24 hours as Bitcoin dropped below $60K, but the bleeding was stemmed and BTC remains in no man's land. Crypto exchange Bitnomial filed a lawsuit against the SEC over claims that XRP is a security as the agency obstructs the listing of XRP futures contracts. A new report shows how dangerous AI is becoming as deepfakes pass facial recognition KYC checks at major crypto exchanges. And finally, Justin Sun is elected prime minister of Liberland.

Further reading:

• BTC price gains 'on horizon' as Bitcoin whales buy 1.5M BTC — Analysis
• Bitcoin digests US 'nightmare' CPI, jobs data as $60K hangs in balance
• Bitnomial sues SEC over claim that XRP is a security
• AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report
• Justin Sun elected Prime Minister of Liberland micronation

 This episode is sponsored by Unlimit. 

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 disappointing 24 hours for BTC as it slides back toward testing the $60K resistance and many traders and analysts warn of some kind of capitulation in the works. However, several also point out that it may be a necessary correction to ignite a true bull run. Elsewhere, Josh O'Sullivan breaks down everything HBO's Bitcoin documentary got wrong, an 86-year old former attorney has to pay back $14M stolen in a crypto Ponzi scheme and Solana hits an all-time high for monthly active wallets, but how many are human?

Further reading:

• Is Bitcoin price going to crash again?
• Bitcoin 'capitulation incoming' as liquidity risks sub-$50K BTC price
• Everything HBO’s Bitcoin doc got wrong about Peter Todd and Satoshi
• 86-year-old to pay $14M after admitting to running crypto Ponzi scheme
• Solana has 100M active wallets, but most are empty

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 catching its breath, price-wise, still unable to break through the $64K resistance, but also avoiding retesting the $60K support. Still, this may be the calm before the storm as several analysts predict a big finale this month. Elsewhere, the HBO Bitcoin documentary was finally released and the person "unveiled" (very much in inverted commas) as Satoshi Nakamoto wasn't any of the favorites on Polymarket! Speaking of Polymarket, new data shows only 12.7% of wallets on the platform are in profit. So, for all of this and much more, carve out just 10 minutes from your day.

Further reading:

• BTC price retests $62K as Bitcoin preps 'very high impact' month end
• Bitcoin following ‘perfect script’ to chart $150K all-time high this cycle — Analysis
• Peter Todd named Satoshi Nakamoto in HBO documentary
• Experts hint Donald Trump consider Robinhood exec to lead SEC: Report
• Only 12.7% of crypto wallets report profits on Polymarket

This episode is sponsored by Unlimit. 

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 hit its head on $64K resistance again, so our markets experts take a look at why, and the reason isn't what many think. Within 24 hours of the HBO documentary that may or may not unmask Satsoshi Nakamoto, Len Sassaman's odds tank and are overtaken by Nick Szabo after the documentary's producer made a comment on CNN. The US Supreme Court rejects the case over Battle Born Investments' claim that it purchased the rights to $4.4B worth of BTC after the Silk Road collapse. And finally, Elon Musk discusses Polymarket on X, saying it is more accurate than polls because it has money on the line!

Further reading:

• Bitcoin price faltered at $64K again — Here is why
• 'Definition of a leverage driven pump' — 5 Things to know in Bitcoin this week
• Nick Szabo overtakes Len Sassaman as HBO’s Satoshi reveal on Polymarket
• US Supreme Court knocks back case over $4.4B Silk Road Bitcoin
• Musk: Polymarket ‘more accurate than polls, as actual money is on the line’

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.