Bitcoin’s strong recovery last week led some to believe it may have established itself above the $60,000 psychological level, but the weekend’s action put that to bed. The analysis appears to point at institutions and a change in their buying habits of stablecoins, though there are some indicators that it will be a short-lived dip. For example, the largest wealth manager in the US, Morgan Stanley, is allowing its 15,000 financial advisers to pitch spot Bitcoin ETFs, which should be a positive fo...
Aug 12, 2024•8 min•Season 1Ep. 192
It’s been a very green 24 hours for the crypto market, led by Bitcoin, which data suggests has seen a spike in daily new addresses, hinting toward “renewed interest” from retail investors. However, BTC is also heading toward the ominously named “death cross,” which could be considered a bearish indicator if it wasn’t for how Bitcoin has historically reacted to that event. Meanwhile, Russia legalizes Bitcoin and cryptocurrency mining in an effort to reduce their reliance on the US dollar for inte...
Aug 09, 2024•7 min•Season 1Ep. 191
Today’s Bitcoin rundown is a little calmer, but that doesn’t mean it isn’t information-rich. The market now knows just how aggressively the whales bought the dip, how hard the crash hit the short-term holders of BTC, and that the largest wealth manager in the US, Morgan Stanley, will allow its advisers to pitch spot Bitcoin ETFs. Elsewhere, the SEC versus Ripple case may finally be drawing to a close as Judge Analisa Torres orders Ripple to pay $125 million — an amount seen as a victory by some,...
Aug 08, 2024•7 min•Season 1Ep. 190
Bitcoin has been on a steady rise for a few days now, and the ship appears to be steadying — but for how long? Some analysts expect another decline into the low $40,000 range as traders hedge against it, while others point toward a spike in CEX inflows and hodler buying. Elsewhere, the SOL/ETH ratio hits a new all-time high amid the chaos, crypto PACs are throwing money at the upcoming US presidential election, and nearly every new token Binance has listed in 2024 is deep in the red — but why? F...
Aug 07, 2024•8 min•Season 1Ep. 189
Yesterday was as wild as many expected, but the crypto market nearly gave traders whiplash with how quickly it rebounded. So, in today’s episode, we go through one of the busiest 24 hours for the finance world and how it affected crypto, from rumors and accusations to cold, hard stats and analysis. It is a mixed bag of news today, and you’ll be pleased to know there are far more positives than in yesterday’s episode! Further reading: Bitcoin falls to ‘extreme fear’ on Aug. 5 as $168M exits ETFs ...
Aug 06, 2024•8 min•Season 1Ep. 188
In over 180 episodes, this is by far the most unusual. In today’s episode, we break down the wreckage from the weekend as a new week kicks off with the worst Monday for financial markets since the global stock crash of 1987, known as Black Monday. As a result, crypto has plunged, wiping out over $500 billion from its market cap in just the past 24 hours. Hundreds of millions of dollars in leveraged longs have also been liquidated, and Bitcoin briefly dipped as low as $49,000. And yet, while the ...
Aug 05, 2024•7 min•Season 1Ep. 187
It’s been a difficult 24 hours for Bitcoin, with long positions wiped out left and right, getting August off to a rough but familiar start. Nevertheless, BTC miner Bitfarms is raking in 34% more Bitcoin since it began upgrading its fleet of mining rigs. Elsewhere, Crypto.com overtakes Coinbase in trading volume, Bybit halts operations in France, and one trader made $800,000 on a new Solana-based memecoin — but is there more to the story? Further reading: Bitcoin long liquidations hit $300M as BT...
Aug 02, 2024•8 min•Season 1Ep. 186
Bitcoin’s price may have had a wobble, but the crypto news of the past 24 hours is wall-to-wall bullish as Senator Cynthia Lummis introduced an official Bitcoin Strategic Reserve bill in the US Senate, Tether reports record-breaking profits in the first half of 2024, and the Bitwise chief investment officer lays out why we all need to be more bullish about crypto. Elsewhere, there are three reasons why altseason is approaching, according to analysts and traders. You won’t want to miss this one. ...
Aug 01, 2024•7 min•Season 1Ep. 185
Bitcoin dipped as low as $65,000 in the past 24 hours, but traders and analysts are entirely unphased, as the mass Mt. Gox sell-off isn’t happening in any way, shape or form, with some believing BTC is primed for a breakout in the coming months. Elsewhere, the spot Ether ETFs flip to positive inflows for the first time since launching, the founder of BitCloud is charged with fraud by the SEC, and women in crypto earn 15% more on average than their male colleagues. Further reading: Over 41.5% of ...
Jul 31, 2024•7 min•Season 1Ep. 184
It’s a packed episode today! Bitcoin rejected $70,000 again, and the US government spooked the market by moving $2 billion worth of its seized BTC just two days after former President Donald Trump promised that, if elected, none would be sold. Elsewhere, the US SEC has backed down on claims that many major tokens like SOL, ADA and MATIC are securities in its case against Binance, the gaming blockchain Ronin hits two million daily active users, and Tron has surpassed Ethereum in daily revenue. Tu...
Jul 30, 2024•8 min•Season 1Ep. 183
What better way to start the week than with Bitcoin chasing down all-time highs? BTC has been on the ascent since last Wednesday, but it had a particularly strong weekend, propelled in part by the Bitcoin 2024 conference in Nashville, Tennessee. Former US President Donald Trump, Robert F. Kennedy Jr., Michael Saylor, Edward Snowden and other big names discussed the future of Bitcoin, and it’s hard not to absorb the positivity. Today’s episode covers all of the biggest talking points from the con...
Jul 29, 2024•7 min•Season 1Ep. 182
It’s been a busy 24 hours in crypto, and it’s time for a daily debrief. Bitcoin — and most of the market — has rallied, but analysts are cautious but somewhat optimistic about what may come next. US-based spot Ether ETFs have another difficult day courtesy of meaty outflows from Grayscale’s converted ETF, which has now seen over $1.1 billion in exit it. The Bitcoin 2024 conference has gotten underway in Nashville, Tennessee, with politics taking center stage. Global asset management giant BlackR...
Jul 26, 2024•8 min•Season 1Ep. 181
It has been a rough 24 hours across the board in crypto, with Bitcoin dropping several percent and Ethereum taking an enormous, near-10% haircut. But why? Bitcoin has been on a sustained recovery rally for weeks, and with the launch of spot Ether ETFs in the United States, the news has been positive of late — so what’s going on? Today’s episode breaks down what the trusted analysts show, including an incredibly bullish narrative around Bitcoin. In other news, we’ll look at the performance of spo...
Jul 25, 2024•7 min•Season 1Ep. 180
With Bitcoin sitting comfortably around the $66,000 level, there’s more space to focus on Ethereum. Yesterday was the first trading day for the nine US-based spot Ether ETFs, and the results have surprised many. Net inflows might appear modest, particularly when compared with spot Bitcoin ETF flows on their first trading day, but it’s far more impressive than it looks. Elsewhere, Mark Cuban gives insight into Kamala Harris’s stance on crypto, Senator Cynthia Lummis fights the Biden administratio...
Jul 24, 2024•7 min•Season 1Ep. 179
Today’s focus is on the launch of the spot Ether ETFs in the US, but Bitcoin cannot be ignored. Yesterday, US-based spot Bitcoin ETFs saw their best day of inflows since March, when the asset set new all-time highs. Debate is also raging around the levels of investment the new spot Ether ETFs will attract in the coming months. Will they mimic the success of the Bitcoin ETFs, or will it be “underwhelming,” as some predict? In other news, the WazirX exchange hack threatens to affect India’s crypto...
Jul 23, 2024•7 min•Season 1Ep. 178
Quiet weekends do happen, but this weekend was anything but quiet. Firstly, Bitcoin has continued its two-week recovery rally, seeing a solid weekly close as it edges within 8% of its March all-time high. But, the weekend’s biggest story threatened to destabilize everything as US President Joe Biden announced his intention to drop out of the presidential race, which, given his anti-crypto stance, is significant for the industry. On top of this, since the last episode of Rise’n’Crypto on Friday, ...
Jul 22, 2024•7 min•Season 1Ep. 177
As Bitcoin battles with the $65,000 resistance, held back in part by a slump in the stock market, analysts are making both bullish and bearish observations from the data. On the one hand, retail investors are nowhere to be seen but may be necessary for a “true” bull market. On the other hand, volatility has dipped to historic lows, which could indicate that extreme volatility is in the past. If I had a third hand, I’d say: What if those two observations are related? Elsewhere, we have more infor...
Jul 19, 2024•7 min•Season 1Ep. 176
While Bitcoin hasn’t seen much price action in the past 24 hours, there is no lack of other action. Markets data points toward an imminent breakout, the spot Bitcoin ETFs chalk up a ninth day of consecutive inflows, and Mark Cuban believes Bitcoin could become a global reserve asset. Elsewhere, presidential candidate Donald Trump causes cognitive dissonance in the crypto vote by hinting at Jamie Dimon for US Treasury if elected, Indian crypto exchange WazirX appears to have been hacked for $235M...
Jul 18, 2024•7 min•Season 1Ep. 175
The market is looking decidedly green this morning, and there are a number of bullish metrics for Bitcoin: Open interest is on the rise, BlackRock’s spot Bitcoin ETF pulls in a quarter of a billion dollars on a random Tuesday, and establishing a $65,000 support could propel BTC to a new all-time high. Elsewhere, Solana has its own bullish story unfolding, the Li.Fi protocol sees $10 million drained, and Craig Wright updates his website to include a disclaimer that states he is not Satoshi Nakamo...
Jul 17, 2024•7 min•Season 1Ep. 174
Bitcoin continued its whiplash-inducing rally into the night last night, slowed only by Mt. Gox moving over 140K BTC, spooking onlookers. Nevertheless, in under a week, the Crypto Fear & Greed Index has rocketed from ‘Extreme Fear’ to ‘Greed,’ and it’s no wonder why; the spot Bitcoin ETFs have continued to see heavy inflows, BlackRock's CEO, Larry Fink, admits he was wrong about Bitcoin and that it is a ‘legitimate financial instrument,' and the spot Ether ETFs may begin trading next week. T...
Jul 16, 2024•7 min•Season 1Ep. 173
Today’s episode dives into several major legal battles and market movements. Bitcoin has reclaimed the $62,000 mark, with analysts suggesting the worst may be over. Meanwhile, Binance faces a pivotal tax evasion trial in Nigeria, OpenAI is under scrutiny for allegedly illegal NDAs, and Tornado Cash developer Alexey Pertsev remains in detention while preparing an appeal. In a surprising twist, Trump-themed memecoins surge following an assassination attempt on the former president. Plus, a scammer...
Jul 15, 2024•8 min•Season 1Ep. 172
It’s a legal-heavy episode today, but first, Bitcoin has rejected the $60,000 price level once again, pushing the Crypto Fear & Greed Index into “extreme fear” for the first time since January 2023. Nevertheless, with 90% odds of a September interest rate cut by the US Federal Reserve and stocks and gold reacting accordingly, it could be just a matter of time until BTC is back on the ascent. On the legal side of crypto, a US Supreme Court ruling could be a “game changer” for crypto, the SEC ...
Jul 12, 2024•7 min•Season 1Ep. 171
For the first time in a while, Bitcoin isn’t demanding the bulk of market attention, although today’s episode does start with some interesting analysis of how steady-handed the BTC hodlers are. In other news, market data paints a bullish picture for Ethereum, Goldman Sachs is launching at least three new tokenization products in 2024, the bankrupt Three Arrows Capital bought a $60,000 NFT in a bizarre oversight, and Inferno Drainer gets shot down by Railgun. Further reading: Bitcoin speculators ...
Jul 11, 2024•7 min•Season 1Ep. 170
The past 24-hours have been green for Bitcoin, yet most of the narratives are not favorable. As BTC’s price edges toward $60,000, the Crypto Fear & Greed index hits its lowest score since after the FTX collapse. Speaking of FTX, two former executives at the defunct exchange have been given their sentencing dates. In other news, the governor of the Bank of Italy has discussed upcoming crypto guidelines. He said Bitcoin and Ether have “no intrinsic value” and may be used for money laundering a...
Jul 10, 2024•7 min•Season 1Ep. 169
Bitcoin continues its road to recovery despite the German government and Mt. Gox repayments, which are doing their best to add selling pressure to the BTC market. This was likely down to the US-based spot Bitcoin ETFs recording a cool $294.8 million in inflows on July 8, with all 11 funds back in the black. Elsewhere in the crypto world, Ethereum launched a $2 million “attackathon,” US Senator Cynthia Lummis has backed a surprising opponent of Senator Elizabeth Warren, Bybit lists the Hamster Ko...
Jul 09, 2024•7 min•Season 1Ep. 168
As we crawled toward the weekend, last week felt like it was 100 days long, and the only way was down. But then, things took a turn. The US-based spot Bitcoin ETFs recorded high inflows on Friday, July 5, and BTC jumped $5,000 over the weekend. What now? Well, there are arguments for both directions. In other news, social-engineering scams from fake Coinbase representatives led to $1.7 million being drained in a terrifying way, and the infamous Pink Drainer got a taste of its own medicine when i...
Jul 08, 2024•7 min•Season 1Ep. 167
The crypto market knew the day was coming when the Mt. Gox repayments would start, but it appears it was not priced in as Bitcoin plunged in price overnight, with the rest of the crypto market following suit. Some analysts predict the slide has a way to go yet, and long positions are getting liquidated en masse. The Crypto Fear and Greed Index has moved into deep “fear” territory, yet some of the most popular traders are seemingly unfazed. In fact, it’s not just the traders who are staying cool;...
Jul 05, 2024•7 min•Season 1Ep. 166
It was another brutal 24 hours for Bitcoin as the price fell below $58,000 for the first time in two months and below the 200-day trendline for the first time in 10 months. This has raised several questions: Why is this happening? When will BTC’s price stop falling? How low can we go? Well, the trusted analysts have weighed in on all of those questions, and we have much more to get you up to speed on, including Dogwifhat’s Achi, who is set to hit peak fame in Vegas. Further reading: Bitcoin fall...
Jul 04, 2024•7 min•Season 1Ep. 165
Bitcoin has slipped and lost much of its late-June gains, but some analysts believe that might be just part of something bigger — that the Bitcoin price “cycle top” is already in. Elsewhere, Binance scored a legal victory against the SEC that could change the landscape of crypto in the U.S. forever, and an Ethereum Foundation email was hacked, sending out phishing emails to its subscribers over a fake LidoDAO partnership. Further reading: 3 reasons why Bitcoin analysts think a BTC price ‘cycle t...
Jul 03, 2024•7 min•Season 1Ep. 164
Bitcoin has maintained its levels over the past 24 hours, and several key indicators suggest the market might be looking at the start of a rally. From falling sell pressure to consecutive days of spot Bitcoin ETF inflows, things are looking up. Elsewhere, crypto hacks dropped dramatically in June, NFT sales plummet as memecoins continue their ascent, and the Polkadot treasury report sparks a debate about sufficient runways. Further reading: Bitcoin ETF inflows highest in a month as Bitcoin hover...
Jul 02, 2024•7 min•Season 1Ep. 163
