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Rise’n’Crypto

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Dec 20, 2024 • 7min

$1B liquidated in 24-hour crypto bloodbath, but should you panic?

The past 24 hours have been an absolute crypto bloodbath. More than $1 billion of long positions were liquidated when prices tanked and traders were "unprepared for the bad news." Spot Bitcoin ETFs saw record one-day outflows. So, why are most analysts calm and even positive? Aside from the chaos, the proposal to increase the Ethereum gas limit picks up steam, Craig Wright gets a one-year prison sentence suspended for two years for contempt of court, and the Tornado Cash co-founder wants his charges dropped following a verdict that OFAC "overstepped!" Yes, it's a busy episode today!Further reading:Crypto liquidations hit $1B as traders were ‘unprepared for bad news’Bitcoin ETFs hit by record $671.9M outflows in 1 dayCrypto chatter about ‘buying the dip’ hits 8-month high: SantimentCraig Wright given suspended one-year sentence for contempt of court10% of Ethereum validators signal gas limit increaseTornado Cash dev wants charges dropped after court said OFAC ‘overstepped’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 19, 2024 • 7min

'No guarantee' Bitcoin 21M supply cap is truly fixed says BlackRock disclaimer

Crypto, along with S&P 500, took a big hit yesterday after Fed Chair Jerome Powell made some unexpected announcements. Bitcoin briefly lost its six-figure price tag, but it bounced back and many are pointing out how commonplace this sort of pullback is. Perhaps the loudest conversation about Bitcoin was the disclaimer in a BlackRock video explanation of Bitcoin that re-ignited an old debate about BTC's supply cap. Also, a South Korean lawmaker may go to prison over allegations of hiding millions in crypto holdings while working on legislation concerning crypto!Further reading:BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestickBitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlookBlackRock sparks Bitcoin 21M debate, saying ‘no guarantee’ it won’t changeSouth Korean prosecutors seek 6 months for lawmaker who allegedly hid cryptoRise’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 18, 2024 • 7min

Trump meets Crypto.com CEO, firm drops SEC lawsuit the same day

Bitcoin finally took a breather after a rocket-fueled weekend and early week, falling back a few percent. Still, one fascinating story that emerged was that US Bitcoin ETFs flipped US gold ETFs by assets under management. Elsewhere, President-elect Donald Trump met with the Crypto.com CEO and the exchange dropped its lawsuit against the SEC on the same day. Then, Pudgy Penguins launched its token, which encountered heavy volatility alongside the NFT collection's floor price, but the short-term numbers did not tell the full story.Further reading:Bitcoin ETFs flip gold funds in AUM: K33 ResearchTrump meets with Crypto.com CEO as firm drops SEC lawsuitCommunity slams Coinbase for linking WBTC delisting to Justin SunPudgy Penguins’ PENGU token down more than 50% after launchRise’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 17, 2024 • 7min

107 whale wallets hold 57% of all existing ETH: Is that bullish or bearish?

Bitcoin had such a strong weekend and weekly close that it set us up for some beautiful green charts, and that's exactly what we've got. With another new all-time high on Dec. 16, spot Bitcoin ETFs in the US raking in the inflows and spot volumes on exchanges surging, things look strongly bullish for BTC. As a consequence, Michael Saylor's MicroStrategy entered the Nasdaq 100 index, which has had a number of fascinating knock-on effects. Elsewhere, Ethereum's token distribution is unusual and changing quickly, and the 2022 LastPass data breach is still biting crypto victims who haven't moved their funds.Further reading:Bitcoin price all-time highs driven by spot volumes — Analyst says $115K is nextMichael Saylor's MicroStrategy enters Nasdaq 100104 whale wallets now hold 57% of all Ether in bullish sign: SantimentLastPass threat actor steals $5.4M from victims just a week before XmasRise’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 16, 2024 • 7min

If Trump makes Bitcoin a US reserve asset on 'day one', how high will BTC soar?

Friday's episode was a little low on Bitcoin stories, but fear not, the weekend has given us a smorgasbord! BTC secured its highest-ever weekly close amid discussions about President-elect Donald Trump making Bitcoin a United States reserve asset on 'day one' in office. If that happens, what sort of price might Bitcoin reach? Well, there is quite a range of predictions. Then, after we're fully caught up on all things Bitcoin, I'll take you through the most viral story of the weekend: the memecoin trader who turned $27 into $52 million with PEPE.Further reading:Trump may use Bitcoin as US reserve asset on 'day one' — How high will BTC price go?Bitcoin goes ’Santa Claus mode’ as optimism grows for US reserve statusBTC price 'base case' now $140K: 5 things to know in Bitcoin this weekCrypto trader turns $27 into $52M with savvy Pepe token investmentRise’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 13, 2024 • 8min

Is this 'patient zero' for the gaslighting about Bitcoin's environmental impact?

Bitcoin had another fairly quiet day while retaining its six-figure price tag, but there is plenty to discuss besides price. Perhaps most interesting is a thread by the Bitcoin environmentalist, Daniel Batten, who claims he found "patient zero" for Bitcoin environmental impact misinformation. Then, we're going to look at Coinbase delisting Tether's USDT stablecoin in Europe, an early Bitcoin investor going to jail over unreported crypto gains, and Solana taking the crown for the top ecosystem by the number of new developers.Further reading:Bitcoin analysis: Start selling BTC when this key metric hits 4%‘Patient zero’ of Bitcoin gaslighting was Digiconomist in 2018: ESG analystCoinbase prepares to delist Tether’s USDT stablecoin in EuropeEarly Bitcoin investor jailed for unreported crypto gains in $4M BTC saleSolana overthrows Ethereum’s 8-year reign as top ecosystem for new devsRise’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 12, 2024 • 8min

Bitcoin glides to a record daily close as lawyers look at memecoins

While Bitcoin had a quiet day in many ways, it managed to move back into a six-figure price tag and secure a record daily close. Now, with US macroeconomics playing ball and the crypto market said to be more stable, all eyes are looking for a new all-time high in the coming days, according to one analyst. Outside of Bitcoin, Roger Ver talks to Tucker Carlson and claims that the US is targeting him for his advocacy of cryptocurrencies rather than his taxes, the US Supreme Court denies Nvidia's appeal to dismiss a crypto class-action lawsuit and Cointelegraph speaks with legal experts about the consequences of shilling memecoins.Further reading:Bitcoin price reclaims 6 figures on CPI relief as traders see $110K+ nextBitcoin 15% futures basis 'insane' as BTC price sees record daily closeRoger Ver claims US targets him for Bitcoin advocacy, not taxesUS Supreme Court bucks Nvidia’s appeal to dismiss crypto class suitInfluencers shilling memecoin scams face severe legal consequencesRise’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 11, 2024 • 8min

Bitwise predictions for 2025 suggest crypto is in for a monumental year

Bitcoin had another tumultuous day, crashing again into the $94,000 range, but has the week's rough start been the necessary clear-out the market needs to push forward? Also, on Bitcoin, Microsoft shareholders voted "no" to adding Bitcoin to its treasury, and Ray Dalio warned of a global debt crisis but sees Bitcoin as part of the safe haven. Then, the NY regulator approved Ripple's RLUSD stablecoin, and Bitwise predicted 2025 will be the "year of the crypto IPO," followed by some other eyebrow-raising events! So, grab yourself a coffee and let's get you caught up.Further reading:Bitcoin is crashing, but options markets are calling for $111K BTC price by FebruaryMicrosoft shareholders vote ‘no’ to Bitcoin reserveRay Dalio predicts global debt crisis, backs Bitcoin, goldNY regulator approves Ripple’s RLUSD stablecoin — Brad GarlinghouseBitwise predicts 2025 as year for crypto IPO — Kraken, Circle to go publicRise’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 10, 2024 • 7min

The Bitcoin arms race: CZ says it's 'inevitable' China builds BTC reserve

Bitcoin saw another brutal correction with cascading liquidations and a "mega dump" yesterday. About $1.6 billion was liquidated across crypto in this "crazy" reset and 11% was lost from crypto's market cap — What happened? In more bullish Bitcoin news, CZ said that it's "inevitable" that China will build a BTC reserve. Elsewhere, Ripple CEO Brad Garlinghouse slammed the show 60 Minutes for omitting information in a crypto segment in which he appeared, and Google's new quantum computing chip solved a 30-year-old problem, but does it pose a threat to crypto encryption?Further reading:Bitcoin sees most liquidations since 2021 as ‘crazy’ reset wipes $1.6BChangpeng Zhao says it’s ‘inevitable’ for China to build a BTC reserveRipple CEO criticizes 60 Minutes for not including info on XRP rulingGoogle unveils new quantum computing chip: Clock ticking for crypto encryption?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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.
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Dec 9, 2024 • 8min

Is Ethereum gearing up for a parabolic breakout?

Bitcoin secured its first weekly close above $100K before dabbling in some volatility to start this week, and as always, we'll take a look at William Suberg's "5 things to know in Bitcoin this week" article to get up to speed. Additionally, while on Bitcoin, we'll look at the NCPPR pushing another Bitcoin treasury proposal, this time at Amazon. Then it's time for a comprehensive lay of the land with altseason; some argue it has started, some say it's about to get ugly and some are trying to draw our attention to Ethereum, which is showing green flags left and right.Further reading:BTC price back to $94K? 5 Things to know in Bitcoin this weekNational Center for Public Policy Research proposes BTC treasury to AmazonAltcoin season 'leg down will be ugly,' says venture capitalistEthereum poised to copy XRP’s 390% rally toward $7.6K nextEthereum ‘impulse breakout’ will lead to $15K ETH price in 2025 — AnalystEthereum’s chart signals to traders that a new high could hit next weekRise’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.

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