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Rise’n’Crypto

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Dec 6, 2024 • 7min

Hawk Tuah memecoin dumps 90% amidst accusations of insiders and snipers

Bitcoin scared holders half to death on Dec. 5 as it plummeted $6,000 in four minutes, liquidating $300 million in long positions. Still, most analysts appeared to be counseling calm while whales of all varieties bought the dip. Then, we need to look at the effects of adding BTC to a company's treasury, Kraken's survey of crypto holders and the controversy around Haliey Welch's memecoin launch which dumped 90% amid some unusual on-chain data.Further reading:Bitcoin price metric 'bearish since October' warns analyst amid $10K dipBitcoin sudden drop to $93K wipes out $303M of longs within minutesWorksport stock jumps 9% after adding BTC, XRP to treasury strategy88% of crypto holders feel they missed out on major gains — Kraken surveyHawk Tuah memecoin dumps 90% amid backlash over controversial 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 5, 2024 • 7min

BlackRock, Trump and $100K Bitcoin: What finally boosted it through the ceiling

Bitcoin reached the hallowed heights of a six-figure USD price! After an enormous surge in the past 24 hours, BTC roared as high as $104K, leaving observers to decipher what pushed it over the crest, as well as how it got so far in this cycle. Still, the episode isn't all Bitcoin: Ripple's $RLUSD stablecoin was delayed, but it's coming soon with the intention of being an institutional choice, so we'll examine what you need to know about it. Then, Aptos co-founder Avery Ching discussed why consent for AI training may be a "perfect use case" for blockchain.Further reading:Bitcoin price hits $100K for first time in historyBitcoin hits $100K: Why BTC price hit a new all-time highRipple’s RLUSD stablecoin: Here’s what you need to know before launchAI training consent a ‘perfect use case’ for blockchain — Aptos co-founderRise’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 4, 2024 • 8min

Bitcoin would need to crash below $20K to seriously harm MicroStrategy's treasury

The past 24 hours have been quiet for Bitcoin as whales are said to have re-entered a "wait-and-see" period. Well, that is apart from a Bitcoin price flash crash seen in South Korea following the president declaring martial law! While on Bitcoin, we'll look at recent research on MicroStrategy's financial situation and how its huge exposure to BTC is far more sensible than people might have you believe. Finally, we'll go through two stories pertaining to the SEC: the odds of Paul Atkins being the new chair spiking to 93% on Kalshi and Grayscale filing for a spot Solana ETF!Further reading:Bitcoin whales employ ‘wait-and-see strategy’ as price hovers at $96KCrypto analyst says ‘flash crash likely’ as 24-hour liquidations hit $618MMicroStrategy can ignore Bitcoin bear market price crash to $20K — ResearchBTC/KRW pair dipped 30% as South Korea’s president declared martial lawCrypto markets claw back as South Korea reverses martial lawKalshi gives Paul Atkins 93% odds to be Trump’s SEC Chair pick despite mixed reportsGrayscale files with SEC for spot Solana ETFRise’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 3, 2024 • 7min

Is the US government making a 'huge strategic mistake' selling Bitcoin?

Bitcoin had a quiet start to the week after a historic monthly close, but only when it came to price action. Beyond that, plenty is happening. The big talking point of the past 24 hours is the US government moving almost 20,000 BTC to Coinbase Prime and possibly selling a portion of it. This drew criticism and reignited a debate over whether the US should be selling any Bitcoin. Also, while on Bitcoin, Michael Saylor delivered his pitch to the Microsoft board and shared the video and the pitch deck. Finally, the co-creator of Meta's stablecoin project, Diem, opens up about how it didn't just die, it was killed.Further reading:US government selling Bitcoin is a ‘huge strategic mistake,’ say observersUS gov’t transfers $1.9B BTC seized from Silk Road to Coinbase PrimeMichael Saylor tells Microsoft it’s value could soar $5T with BitcoinDeath of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem bossReferences:Michael Saylor's pitch to MicrosoftRise’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 2, 2024 • 7min

Has altseason started? It has for Grayscale!

Bitcoin closed out its biggest-ever monthly USD gains at more than $26,000, yet the signs say the market is not overheated. In fact, some technical indicators suggest we're readying for a sizeable rally. Outside of Bitcoin, things may be even more interesting. NFTs continue their ascent in monthly sales volume as the floor for some blue chip collections elevates as well. Then there is the renewed discussion over altseason, as tokens like XRP and XLM have gone parabolic in the past 30 days, enriching Grayscale's robust portfolio.Further reading:Bitcoin smashes records with biggest-ever $26K monthly BTC price gainBiggest US dollar gains ever — 5 Things to know in Bitcoin this weekNFTs hit $562M in monthly sales volumes, recording six-month highBitcoin dominance hints at ‘altseason,’ analysts eye XRP price rally into 2025Grayscale’s crypto portfolio up 85%, driven by triple-digit altcoin gainsRise’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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Nov 29, 2024 • 7min

Bitcoin whales enjoy $1.5B feast on price dip before market recovers

Bitcoin's continued recovery in the past 24 hours has given analysts and traders cause to look behind the curtain of the market. It seems that Bitcoin whales aggressively took advantage of the panic-selling we saw when Bitcoin fell close to $90,000, scooping up $1.5 billion worth. Also on Bitcoin, the Cardano founder said Bitcoin DeFi will eclipse the rest of crypto DeFi within the next few years, helping propel the price ever higher. Elsewhere, open interest for Ethereum has been growing rapidly, overtaking Bitcoin by a decent margin, which may hint at a $4,000 price tag some day soon, and an ex-Binance employee sued the UK arm of the exchange for unfair dismissal while alleging bribery.Further reading:Bitcoin price retains 8% gains as attention switches to Ethereum comebackBitcoin whales 'took advantage' of $90K BTC price dip, scooping up $1.5BCardano founder predicts Bitcoin DeFi will dominate crypto within 3 yearsEther to breach $4K before Trump’s inauguration — AnalystEx-Binance employee sues UK exchange, alleging bribery: 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: @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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Nov 28, 2024 • 8min

Buying Bitcoin in 2013 was like buying 'gold in 1,000 BC' — Pantera's 130,000% returns

The Bitcoin slump didn't last long! After sliding to $90K on Nov. 26, the past 24 hours have been more positive and there are signs we've seen the local bottom. As Bitcoin approaches that hallowed six-figure price tag, many portfolios are way up, and Pantera Capital's rivals any of them, as shown in a blog post by its CEO. Elsewhere, Tether discontinued support for the EURt stablecoin and we ask a MiCA expert why, Vancouver wants to become a "Bitcoin-friendly city," and a memecoin trader turns $160 into $5.6 million with a viral token.Further reading:Bought the dip? 3 signs that $90K Bitcoin price was the local bottomBuying Bitcoin in 2013 was like buying ‘gold in 1,000 BC’ — Pantera CEOTether discontinues support for euro-pegged stablecoin EURtVancouver mayor plans to introduce ‘Bitcoin-friendly city’ plansSolana memecoin trader turns $160 into $5.6M with viral tokenRise’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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Nov 27, 2024 • 8min

Who is behind the $2B of daily Bitcoin profit-taking?

It has been a tumultuous 24 hours for Bitcoin, which nearly dropped out of the $90K range as long-term holders took huge profits. But, it seems, primarily "long-term holders" in a technical sense, as the real veterans are as diamond-handed as ever. And for good reason, because it seems the recent correction has not done much damage to Bitcoin's odds of a $100K price tag before 2025. Outside of BTC, we look at Binance delisting five tokens and sending them tumbling, Brazil considering a Bitcoin reserve and Tornado Cash getting a court victory in the US.Further reading:Bitcoin $2B daily profit-taking involves mostly new hodlers — ResearchBitcoin has a 50-50 chance of reaching $100K by year-end: Options dataBinance delisting sends five tokens tumbling 40%Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risksBig victory in Tornado Cash case as judge says OFAC exceeded authorityRise’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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Nov 26, 2024 • 7min

Is Pump.fun's memecoin chaos going to result in a sea of criminal charges?

The past 24 hours have not been pleasant for Bitcoin, seeing its value fall $5,000 over the course of the Nov. 25 daily candle as well as the biggest day of spot Bitcoin ETF outflows since the US election. The focus has shifted to the local floor and what will happen if the price drops below it. On the more positive side, MicroStrategy continues to stack the sats with another $5.4B purchase of Bitcoin! Elsewhere, Pump.fun's memecoin "freak show" may lead to criminal charges according to some legal experts, and Dogecoin futures open interest hits an all-time high, but is that good or bad for the price?Further reading:Bitcoin price dip fails to squeeze leverage as $92.5K becomes ‘pivotal’Spot Bitcoin ETFs see $438M outflows — biggest since US electionMicroStrategy expands Bitcoin holdings with $5.4B purchasePump.fun’s memecoin freak show may result in criminal charges: ExpertDogecoin futures open interest hits all-time high — Is it a top signal for 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: @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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Nov 25, 2024 • 8min

Is Satoshi the '2010 megawhale' that is still actively selling Bitcoin?

The weekend didn't bring the anticipated $100K price tag for Bitcoin. In fact, we saw a retracement as we neared the weekly close. This caused some heavy liquidations in the space, particularly with altcoins, but the dawn of a new week has (so far) returned us to that chase for the elusive six-figure price tag. While on Bitcoin, a team of researchers suggests that Satoshi Nakamoto didn't go dormant and that he's been strategically selling from old wallets since 2019. Also, Wrapped Bitcoin (WBTC) has been going through a difficult period as it was delisted from Coinbase and then experienced a flash crash on Binance! Finally, we'll look at the latest update on the seminal Alexey Pertsev and Tornado Cash case.Further reading:Who cares about $100K? 5 Things to know in Bitcoin this weekCrypto liquidations reach $470M as Bitcoin retraces, altcoins surgeNew Satoshi theory suggests it’s been the ‘2010 megawhale’ all alongCoinbase to delist Wrapped BitcoinWrapped Bitcoin flash crashes to $5K on Binance exchangeCourt prolongs Tornado Cash developer Pertsev’s pre-trial detentionRise’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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