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Rise’n’Crypto

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Nov 22, 2024 • 7min

Solana hits all-time high, SEC Chair Gary Gensler resigns, BTC's 'violent breakout'

The past 24 hours saw Bitcoin come within spitting distance of the $100K milestone, continuing one of the best Novembers on record while attracting short positions that may risk a "violent breakout." But don't be fooled: Bitcoin isn't the only thing worth your attention. United States SEC Chair Gary Gensler resigned ahead of President-elect Donald Trump taking office in January, and the SEC's broker-dealer rule was tossed by a US court. Also, the UK — not wanting to be left behind — promised a crypto regulatory framework by early next year. And finally, Solana hits new all-time highs in one of the greatest redemption arcs in crypto's history.Further reading:Bitcoin prints record 40% monthly candle as price crosses $99KBitcoin counts down to $100K BTC price as shorts risk 'violent breakout'SEC Chair Gary Gensler to step downSEC broker-dealer rule struck down by US courts, big win for cryptoUK to deliver comprehensive crypto regulation framework by early 2025Rise’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 21, 2024 • 7min

The perfect storm for Bitcoin, the Coinbase scammer making 5 figures per week

Bitcoin has been highly volatile in the past 24 hours, particularly on the back nine, but very much in crypto's favor as it chases a six-figure price tag. So, to start with, I'll take you through some of the reasons for the momentum, what's going on behind the scenes of the markets and what might happen if and when the $100K threshold is breached. Outside of Bitcoin, Trump considers a dedicated crypto post within the White House, Japan looks to overhaul its "nebulous and variable" crypto taxes, and a Coinbase scammer who claims to make five figures per week from his exploits chats with a potential victim.Further reading:A perfect storm is brewing for BitcoinBitcoin 'teleportation' due as traders bet on BTC price passing $100KTrump mulls creating first White House crypto post: ReportJapan passes stimulus package, commits to crypto tax reformCoinbase scammer claims to earn 5 figures a week targeting crypto CEOsRise’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 20, 2024 • 8min

BlackRock Bitcoin ETF options trade $1.9B on day one, California judge's massive ruling for DAO users

Bitcoin enjoyed another brief stint in price discovery, setting a new peak of $94,105 according to Coinbase. This was seemingly propelled — at least in part — by the first day of trading options contracts on BlackRock's spot Bitcoin ETF, IBIT, which saw an "unheard of" $1.9 billion! Outside of Bitcoin, there were other important crypto developments in the past 24 hours. A California judge ruled that under partnership laws, DAO members can be liable for the DAO and other members' actions, Donald Trump chose crypto-friendly Howard Lutnick as secretary of commerce, and Ethereum DApp volume saw strong 30-day growth, but will the price follow?Further reading:BlackRock Bitcoin ETF options see ‘unheard of’ $1.9B traded on first dayCalifornia judge rules DAO members liable under partnership lawsDonald Trump taps crypto advocate Lutnick as commerce secretaryEthereum DApp volumes gain 38% in a month — Will ETH price follow?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 19, 2024 • 8min

Bitcoin's Puell Multiple hints at 90% price rally, ‘I put most of my wealth into Bitcoin' — RFK Jr.

Naturally, we're in a busy period for Bitcoin as it chases yet another all-time high, so there is a lot to catch you up on. Robert F. Kennedy Jr. said he put most of his wealth into Bitcoin alongside buying two BTC for every one of his seven children, MicroStrategy buys $4.6B billion more Bitcoin and is raising funds for another $1.75 billion purchase, while the Puell Multiple is approaching a score that often precedes a price rally of about 90%. Elsewhere, Goldman Sachs is turning its crypto platform into a standalone company and the crypto world feels a little uneasy about Binance's BFUSD offering.Further reading:‘I put most of my wealth into Bitcoin, so I am fully committed’ — RFK Jr.MicroStrategy buys $4.6B of Bitcoin as price nears all-time highMicroStrategy to raise $1.75B with 0% interest notes to buy BitcoinBitcoin metric breakout teases 'inevitable' 90% BTC price rally nextGoldman Sachs to spin out crypto platform: ReportBinance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacksRise’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 18, 2024 • 8min

Bitcoin's best-ever weekly close, Trump to take DeFi mainstream, NFTs and memecoin frenzy

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 weekTrump policies could take DeFi, BTC staking mainstream — RedStone co-founderNFTs weekly sales surge 94% as crypto market continues bullish runSolana-based DApps rake in record fees as memecoin frenzy returnsRise’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 15, 2024 • 7min

Bitcoin to hit 'repeated all-time highs,' 18 US states file lawsuit against SEC and Gensler

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: VanEckSEC chair doubles down on crypto stance under threat of Trump ousting18 US states file lawsuit against SEC and Gary GenslerSEC crypto cases will be ‘dismissed or settled’ under Trump: Consensys CEORise’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 14, 2024 • 8min

Bitcoin EOY price predictions from top analysts, 215 arrested in massive S. Korean crypto scam

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 recordBitcoin price could fast-track to $100K high in November — Analysts$100K Bitcoin? 9 analysts share their end-of-year BTC price predictionsAI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategyMoonPay boosts self-custodial crypto spending with new solutionS. Korean influencer allegedly led $232M crypto scam, 215 arrestedRise’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 13, 2024 • 8min

BTC breaches $90K, Trump taps Musk for 'DOGE' gov't agency, Ethereum to $4k?

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 high3 reasons why Ethereum price is headed toward $4KEthereum ‘poised to benefit’ most from Trump win: Consensys CEOItaly scales back plans to hike crypto tax rate: ReportTrump 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: @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 12, 2024 • 7min

Is Trump the only reason Bitcoin is going parabolic? FTX files $1.8B lawsuit against Binance, CZ

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 crisisBitcoin ETFs rope in $2.6B investments amid weekly bull runBitcoin price will hit $1M, but at what cost? — Michaël van de PoppeTrump isn’t the only ‘story’ driving Bitcoin’s price higher, says execFTX bankruptcy estate files $1.8B lawsuit against Binance, CZRise’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 11, 2024 • 8min

MicroStrategy's $20B BTC over 100% ROI, Snowden criticizes VC influence on Solana

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 capMicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%$80K BTC price chases gold — 5 things to know in Bitcoin this weekSnowden calls for decentralization, criticizes VC influence on SolanaADA price pumps 30% amid rumors of Cardano founder-Trump collaborationCharles Hoskinson shares new plans to ‘help foster' US crypto policiesRise’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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