Rise’n’Crypto

In today’s episode, we examine Tether’s response to growing transparency concerns around its $118 billion in reserves and the potential liquidity risks following the FTX collapse. We also discuss MicroStrategy’s plan to raise $1 billion to buy more Bitcoin, as well as the German government’s shutdown of 47 suspicious crypto exchanges over regulatory violations. In other news, we explore BlackRock’s SEC-approved options trading for its spot Bitcoin ETF, Iggy Azalea’s new crypto-friendly online casino, and the latest 2024 presidential election predictions on Polymarket. Tune in for all this and more from the world of crypto!Further reading:Investors claim Tether’s $118B reserves may face audit and liquidity risksGermany seizes 47 crypto exchanges tied to ‘underground economy’Iggy Azalea unveils new online casino ‘Motherland’MicroStrategy raises $1.01B for Bitcoin acquisitionsSEC approves options for BlackRock's spot Bitcoin ETFKamala Harris leading in 4 of 6 swing states on PolymarketThis episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.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.

In today’s episode, we explore Solana’s new “Seeker” device, which is designed to enhance DApp discovery and interaction, and we dive into a groundbreaking initiative from Harvard students — the “New Bretton Woods Project” — which aims to tackle the global debt crisis with Bitcoin and blockchain technology. In other news, Louisiana has made its first crypto payment via the Bitcoin Lightning Network, the SEC has taken its first action against pig butchering scams, Decentraland’s hacked X account pushes a phishing scam, and BlackRock has released a Bitcoin-focused white paper. Tune in for these stories and more from the world of crypto!Further reading:Solana unveils new Seeker device, says it’s not just a ‘memecoin phone’Louisiana takes first crypto payment over Bitcoin LightningSEC sues ‘fake’ crypto exchanges in first action on pig butchering scamsDecentraland X account hacked, phishing scam targets MANA airdropBTC rallies past $62.6K after BlackRock issues Bitcoin white paperHarvard students launch ‘New Bretton Woods Project’ to fix debt crisisThis episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.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.

In today’s episode, we dive into California’s new laws to combat AI-generated deepfakes in elections and protect voter integrity, former Coinbase executives will launch their own exchange using the PayPal stablecoin for settlement, lawmakers in the US continue to scrutinize the SEC for allegedly politicizing its enforcement of crypto firms, and Bitcoin saw a price bump after the Federal Reserve cut US interest rates for the first time since 2020. Meanwhile, Donald Trump bought burgers with Bitcoin in New York City. Tune in for these stories and more from the world of crypto and tech.Further reading:California passes package of laws to combat election deepfakesEx-Coinbase execs to launch exchange using PayPal stablecoin for settlementSilvergate Capital files for Chapter 11 bankruptcy in DelawareUS lawmaker accuses SEC of ‘enforcement abuse’ against crypto firmsBitcoin price attempts to turn the tide after Fed’s 0.5% rate cutDonald Trump uses Bitcoin to buy burgers at NYC barThis episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.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.

In today’s episode, we cover Donald Trump’s crypto project “World Liberty Financial,” which has left investors with more questions than answers. We also explore Bhutan’s surprising Bitcoin acquisition strategy, with the small nation now holding more BTC than El Salvador. In other news, USDC will expand to the Sui blockchain, boosting its cross-chain capabilities.We also discuss the proposed NFT Act in the US, which could classify some NFTs as securities, and the continued fallout from the WazirX hack, with Binance denying any responsibility for the security breach. Tune in for these updates and more from the world of crypto!Further reading:Donald Trump silent on World Liberty Financial, team unveils WLFI tokenBhutan quietly amasses Bitcoin, doubling El Salvador’s holdingsCircle’s USDC stablecoin to launch on Sui networkDigital Chamber urges US crypto users to support new NFT billBinance denies blame in $230M WazirX hack, urges user repaymentsSo, grab yourself a coffee, and let’s get into it!This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.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.

In today’s episode, we discuss US senators addressing fraud concerns involving Bitcoin ATMs, as well as the recent DeFi hack targeting Delta Prime and the BaseBros rug pull. We also cover the crypto community’s relief efforts for Vietnam following Typhoon Yagi, in addition to the growing influence of crypto PACs in Arizona’s and Michigan’s Senate races.Plus, we dive into the latest crypto investment trends, which have seen $436 million in inflows despite Ethereum’s continued struggles. Tune in for these stories and more from the world of crypto!Further reading:US lawmakers urge top crypto ATM operators to tackle fraudDelta Prime DeFi protocol hacked for $6M on ArbitrumBaseBros DeFi rug pull results in $2M loss on BaseCrypto community rallies for Vietnam typhoon relief with aid donations50 days until US election, crypto Super PAC pours $7.8M into Senate racesCrypto investment products see $436M inflows while Ethereum strugglesThis episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.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.

In today’s episode, we explore the launch of Donald Trump’s new crypto project, World Liberty Financial, as well as Worldcoin’s partnership with Solana’s Wormhole protocol. Plus, we cover Sam Bankman-Fried’s plans to appeal his fraud conviction, Bitcoin analysts’ prediction that BTC will surge to $60,000 by the end of September, and Meta’s resumption of AI training in the UK. Tune in for these stories and more from the world of crypto and tech!Further reading:Trump-linked crypto project ‘World Liberty Financial’ launches todayWorldcoin partners with Solana’s Wormhole to expand World ID bridgeSam Bankman-Fried plans to appeal conviction and sentenceBitcoin analysts expect price surge to $60K by end of SeptemberMeta to resume AI training in the UK following regulatory pauseAnalyst predicts a 10-year commodities rally could benefit crypto marketsSo, grab yourself a coffee, and let’s get into it!This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.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.

Yesterday was expected to be volatile for Bitcoin as macroeconomic data from the US was released, but because the data was mixed, so was the reaction. It ended up being a rather quiet 24 hours for Bitcoin all-in-all, but outside of BTC, it was anything but. A consumer protection watchdog issued a warning about Tether’s reserves and lack of an independent audit, but are the criticisms justified? US diplomats have been applying pressure on Nigerian officials as the Binance exec imprisoned in February remains behind bars and with worsening health. And finally, Donald Trump announces the launch of his crypto platform, World Liberty Financial, led by his son — but what is it? Further reading:Bitcoin price slips from $58K as US PPI, jobless claims surpriseWhat ‘far-fetched’ scenarios could still send Bitcoin price to $0?Consumer protection watchdog warns about Tether’s reservesUS diplomats pressure Nigeria to release detained Binance execTrump to launch World Liberty Financial crypto platform on Sept. 16Rise’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.

It’s nice to wake up to a green lock screen this morning as we see both crypto and crypto-related stocks bounce back from the recent dip. Nevertheless, the latest data from Santiment shows that whales’ transactions are down significantly since Bitcoin’s last all-time high in March as the market battles the general state of malaise. Elsewhere, we see yet another crypto exchange hack, this time with the Indonesian exchange Indodax, which went offline after $22 million was stolen from its hot wallets. Former Alameda Research CEO Caroline Ellison asks for time served and thus a non-custodial sentence, citing her cooperation with the US government as justification for the leniency. And finally, one trader makes use of a mechanism that allows them to acquire a $1.5 million CryptoPunk for just $23,000.Further reading:Bitcoin whale transactions see ‘noticeable’ drop since March price peakCrypto stocks recover from dip as polls say Harris won debate against TrumpIndonesian crypto exchange Indodax goes offline after suspected $22M hackCaroline Ellison asks for time served, citing cooperation with US gov’tTrader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrowsRise’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.

The first US presidential debate between Donald Trump and Vice President Kamala Harris took place last night and had a noticeable impact: Bitcoin’s price fell slightly, and Trump’s odds of election victory dropped 3% on Polymarket. This raises questions over what sort of impact the election’s outcome in November may have. Bernstein analysts predicted that a Trump victory could send BTC to $90,000 by the end of the year, while other analysts have suggested a Harris victory could spell a $30,000 price. Japan’s Metaplanet seems unphased, though, as it gets back to scooping up sats, becoming the third largest corporate holder in Asia. And that’s just Bitcoin! There’s a lot more I need to catch you up on, so carve 10 minutes out of your day for a debrief.Further reading:Bitcoin drops on Trump-Harris debate, with BTC price down 2.2% pre-CPIBitcoin shorters ‘likely to get burned’ if CPI prints as expectedJapan’s Metaplanet up 6% as Bitcoin stack nears 400 BTCHarris-Trump debate: Trump’s odds to win election fall 3% on PolymarketCrypto becomes US election issue for the first time — SurveyNorth Carolina Senate overrides governor veto, passes bill banning CBDCRise’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.

Bitcoin loves to surprise and confuse, and despite a litany of predictions that BTC was about to slide to the $40,000 range, it has instead solidified $54,000 as a strong support level and started moving in the other direction. On today’s episode, our market experts give you the latest analysis on BTC before breaking down the recent spot Bitcoin ETF performance woes and why it’s not as bad as it looks. In other news, a leaked Chainalysis video suggests Monero transactions may be traceable, and there are some wild statistics about the SEC’s enforcement actions against crypto companies.Further reading:Bitcoin price shows strength above its recent lows — Here’s whyBitcoin ETFs record combined $1.2B in outflows in 8 daysWealth advisers adopting BTC ETFs faster than any in history: Bitwise CIOLeaked Chainalysis video suggests Monero transactions may be traceableSEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023Rise’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.