Rise’n’Crypto

It was a good weekend for Bitcoin as the price added to weekly gains, closing out the week up over 13%. However, traders are now focused on the $50,000 milestone and the potential resistance on the way. Elsewhere, two new Solana drainers are changing transactions after being signed, and Joe Biden accidentally sets the crypto community alight with laser eyes on X. Further reading: Best weekly close...

There are some big-picture stories to catch you up on today, starting with a U.S. Treasury report that put crypto “far below” cash usage in money laundering, despite what some senators would have you believe. As spot Bitcoin ETFs continue to haul in “big volume,” one expert believes they are far superior to gold ETFs. And what are ERC-404 tokens? Further reading: Crypto use in money laundering ‘fa...

Bitcoin has been sitting pretty for some time, and while some of us are enjoying the volatility-free pause, it is part of a rare signal that a massive price move is imminent in the next 10 days, according to one trader. Elsewhere, ransomware attacks skyrocketed in 2023, Tron is set to dominate stablecoin payments, and U.S. crypto miners question whether the EIA’s survey is politically motivated. F...

Yesterday, in crypto, stories broke from every corner of the industry. MicroStrategy is stacking more sats and now holds over $8 billion in Bitcoin. The market has seen six-year highs of outflows from miners’ wallets to exchanges, and Solana goes down — again! Monero gets the boot from Binance and dips in price, and Ronin’s price drop after its listing has raised eyebrows about corruption by Binan...

No two days in crypto are the same, and today is no different as a wave of artificial intelligence-generated fake IDs are reportedly passing crypto exchange KYC checks. Meanwhile, Ripple’s controversial feature to allow reversible transactions under certain circumstances on the XRP Ledger has received near-unanimous approval among validators. Further reading: AI-generated fake IDs claimed to pass...

Don’t be fooled into thinking this was a quiet weekend; as always, crypto never sleeps! Stories from the weekend include a Bloomberg report suggesting far more potential inflows into spot Bitcoin ETFs once investment firms have completed due diligence, a crypto teacher loses $1.2 million of his student’s money, and a Web3 social media app has seen an enormous spike in users. Further reading: Bitco...

Solana-based decentralized exchange Jupiter has attracted enormous buzz, and its airdrop saw some users receive as much as $1.2 million in JUP tokens this week. However, during the frenzy, traders accidentally pumped the wrong JUP token of a defunct Ethereum-based protocol. Whoops! Further reading: Traders pumped and dumped another ‘JUP’ during $700M Jupiter airdrop — Tom Mitchelhill Polygon Labs...

Crypto has very few quiet days, and with jam-packed events and stories, yesterday certainly wasn’t one of them. From a sleuth uncovering a $112.5 million Ripple hack to Binance facing another lawsuit to Tether posting how much it crushed it in 2023 and the most bizarre of court cases in the U.K. involving a $1.7B Bitcoin seizure, there’s a lot to cover! Further reading: Ripple chairman Chris Larse...

Crypto on and off-ramps are an age-old discussion, but Visa may have just enabled one of the quickest and cleanest ways yet to convert crypto to fiat without using a centralized exchange. Sticking with centralized exchanges, Binance is clawing back its market share following its $4.3 billion settlement with U.S. authorities and the departure of Chanpeng Zhao as CEO. And “Crypto Mom” Hester Peirce...

Today, we are all over the map to get you caught up on all things crypto, from highly encouraging data about stolen crypto recovered in 2023 to Grayscale spot Bitcoin ETF outflows falling fast to BTC price predictions after the halving. And what’s with the frenzy around the Solana-based Jupiter decentralized exchange? It’s time for your debrief, so get those headphones on! Further reading: Stolen...

Some weekends see a lot of crypto movement, but some see interesting stories unfold, and this weekend was the latter. As the dust settles from the spot Bitcoin ETF approvals, the cryptosphere turns its gaze to the upcoming halving, with some potentially worrying data emerging suggesting 11 of the biggest Bitcoin miners won’t be profitable after the block subsidy is sliced in half. Meanwhile, prose...

Yesterday saw some rather incredible headlines as the U.S. government announced it would sell $118 million of Bitcoin, and OneCoin’s lawyer was sentenced to 10 years in prison. But as is always the case in crypto, there is so much beneath each headline to unpack, often revealing that things are not always as they seem. So, today, we look at why the U.S. government’s BTC sale isn’t a big deal and w...

As most of the eyes nervously watch Grayscale dumping Bitcoin worth the GDP of a small nation every single day, you can be forgiven for missing the black hole for Bitcoin: the other 9 ETFs. In just 7 days of trading, the 'Newborn Nine' have squirreled 100,000 Bitcoin and they're nowhere near done. Meanwhile, the SEC has delayed the spot Ether ETF decision, so let's break down w...

These are tumultuous times, with many narratives playing out. Knowing what is behind every price dip and spike can keep you well-equipped going forward, which is the objective of today’s episode. We’ll look at what JPMorgan analysts had to say about Coinbase stock and the initial spot Bitcoin ETF reaction, why Ethereum ETFs are apparently closer than we expected, and what exactly is causing Bitcoi...

It was a rough day in crypto yesterday as Grayscale sold off another $600 million of Bitcoin, but now we know why. Armed with that information, there are far more positives than people might realize. Speaking of positives, Mt. Gox creditors may finally see some repayments, and we have three bull market narratives for 2024 you may not have heard of! Further reading: Bitcoin price falls to 6-week lo...

Over the weekend, the cryptosphere was dominated by speculation around X (formerly Twitter) as a newly created Payments account appeared on the platform. Although it has been a long time coming, with Elon Musk regularly mentioning it, the rumor mill went nuclear off the back of speculation that crypto — particularly Dogecoin — could feature as a payment option on X. Meanwhile, a legal analyst give...

We have a fascinating episode to cap your week off. One Bitcoin whale, who bought $5 billion worth of BTC in the last bull cycle, dumped the lot when Bitcoin hit $49,000 after the U.S. SEC approved spot Bitcoin ETFs. Did this spark a nosedive in BTC’s price that many attributed to “selling the news?” Meanwhile, spot Bitcoin ETFs are stacking sats, with over 10,000 Bitcoin purchased on day five of...

Yesterday was an important day for crypto as Coinbase went head-to-head with the U.S. SEC in a New York courtroom. The case could prove seminal for crypto in the U.S., and Cointelegraph has you covered with all the latest developments. Meanwhile, Donald Trump slammed CBDCs, and a lucky memecoin trader became a millionaire! Further reading: Coinbase argues stocks, Terraform Labs and Howey in 5-hour...

It has been a whole week since the U.S. SEC approved spot Bitcoin ETF applications, and we have seen some staggering movement in all directions. Today’s episode covers the important stories around the ETFs, the Socket protocol exploit, the IRS rolling back its new crypto tax rule, and why one hedge fund co-founder believes a spot Ether ETF is unlikely “anytime soon.” Further reading: Estimated $1....

In 2023, Bitcoin Ordinals drew the masses somewhat controversially, and now Avalanche has its own ASC-20 token standard in the early stages of virality. Meanwhile, a report from the United Nations put crypto on the firing line for crime in Southeast Asia and singled out Tether, which sparked an irritated response from the stablecoin issuer. Speaking of stablecoins, TrueUSD has depegged as users fl...

Bitcoin’s price has been moving in the wrong direction since a brief spike after last week’s spot ETF approvals, so we look at what experts have to say about it and their forecasts for the near future. Meanwhile, a hacker tried to exploit $15 billion from XRP, and Michael Saylor is in a perpetual war with AI versions of himself. Further reading: Will Bitcoin keep dropping as a result of the ETFs?...

Gary Gensler’s post-approval announcement on the U.S. SEC’s website made it clear that neither he nor the SEC endorse crypto and associate it with criminality. So, when he had the chance to stop the spot Bitcoin ETF, why did he vote to approve? For that story and the latest on how the BTC ETF performed on its first day of trading, carve 10 minutes out of your day and tune in! Further reading: Gary...

Yesterday marked a milestone on Bitcoin’s timeline with the U.S. SEC approving all 11 spot Bitcoin ETF applications from 14 asset managers. Trading is set to begin as early as today, so let’s walk you through what happened yesterday, why this decision is of monumental importance to Bitcoin, and what those opposing the applications had to say. Further reading: The SEC approves the spot Bitcoin ETF...

Yesterday was looking like a quiet day ahead of the U.S. SEC’s anticipated Jan. 10 decision deadline for approving the first spot Bitcoin ETFs in the United States. That was until the SEC’s X account posted an official-looking announcement that the ETFs had been approved. A few minutes later, SEC Chair Gary Gensler posted from his X account, saying the SEC’s X account had been compromised and the...

All but one of the hopeful spot Bitcoin ETF applicants have filed their final amendments via SEC Form S-1s, revealing their fees. But where’s Hashdex? Tune in to find out why Hashdex didn’t submit an S-1 like other applicants. In other news, Core Scientific emerges from bankruptcy! Further reading: Spot Bitcoin ETF issuers submit their final S-1s, revealing fees One spot Bitcoin ETF issuer doesn’t...