It was another sideways 24 hours for Bitcoin. BlackRock’s spot Bitcoin ETF saw only its second day of net outflows since it launched on Jan. 10, Salvadoran President Nayib Bukele talked about his disappointment at the level of BTC adoption in El Salvador, and a solo Bitcoin miner bagged an almost $200,000 block reward with just 0.012% of the hashrate. Elsewhere, Telegram CEO Pavel Durov has been charged and released in France, Elon Musk and Tesla have succeeded in having a Dogecoin manipulation lawsuit thrown out, and millions of dollars have been lost to a fake memecoin posted by the hacked account of superstar footballer Kylian Mbappé. It’s a busy Friday, so grab yourself a coffee, and let’s get into it!

Further reading:

• BlackRock’s Bitcoin ETF registers second-ever outflow of $13.5M
• Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate
• ‘Bitcoin hasn’t had the widespread adoption we hoped for’ — Nayib Bukele
• Telegram CEO Pavel Durov charged and released, barred from leaving France
• Elon Musk, Tesla beat Dogecoin manipulation lawsuit
• Millions lost as Mbappé’s hacked account promotes $460M crypto scam

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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The 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 another one of those days where Bitcoin’s price stagnation lures you into believing it’s been a quiet 24 hours in crypto — but don’t make that mistake! Popular NFT marketplace OpenSea has received a Wells notice from the SEC, indicating a potential enforcement action, a South Korean CEO on trial for his role in allegedly stealing over $800 million worth of crypto has been stabbed in court by a victim, Inferno Drainer usage sees a spike, and one analyst has highlighted an altcoin buy signal that hasn’t been this strong in over three years. For all of this and much more, carve out just 10 minutes from your day to get up-to-speed on all the latest crypto news.

Further reading:

• Bitcoin price at 11x S&P 500 signals BTC is ‘rolling over’ — Analyst
• Bitcoin Runes records 15.6M NFT transactions in 4 months
• OpenSea marketplace receives Wells notice from the SEC
• South Korean crypto CEO stabbed in court during Haru Invest fraud trial
• Inferno Drainer usage triples as crypto scams soar in 2024
• Altcoins at ‘sell your house’ levels amid flashing buy signals, says trader

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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The 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.

As always, it’s been another busy 24 hours in crypto. Bitcoin may have slipped back below $60,000 as it wrestles with the range it appears to be stuck in, but some interesting data suggests that long-term Bitcoin holders are on the rise. Staying on Bitcoin: miners have been suffering from slashed block rewards since April’s halving, but they may be able to cash in on AI to help boost their profits. Elsewhere, Ethereum whales may be indicating that the bottom is in as they go on a four-day buying spree, a new memecoin clogs up TON, causing a network outage, and did Binance seize Palestinian crypto funds?
Further reading:

• Long-term Bitcoin holder buys hit $10B mark as price slips below $60K
• Bet more on the Bitcoin miners cashing in on AI
• Ethereum whales buy big as ETH bottom approaches, analysts predict
• TON struck by outage, no new blocks produced in 3 hours
• TON is back online after block production outage triggered by DOGS
• Binance under scrutiny for seizing Palestinian crypto funds

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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The 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’s price might have receded a little from $64,000, but there are plenty of reasons to be positive today. Firstly, the US-based spot Bitcoin ETFs have seen their biggest day of inflows in over a month, with back-to-back trading days north of $200 million in overall inflows. Secondly, one analyst is convinced that we’re about to enter “Bitcoin batshit season,” which sounds wild even if you’re not clear on what it means. Thirdly, Bitcoin millionaires, multimillionaires, and even billionaires have all surged in the past year, each indicating a changing approach to the asset. Elsewhere, the US SEC has charged two brothers over an outlandish crypto Ponzi scheme, PayPal’s PYUSD stablecoin hits a $1 billion market cap, and women see men in crypto as less attractive than stamp collectors — wait, what?

Further reading:

• BlackRock ETF sees biggest inflow in 35 days as Bitcoin weekly rally pauses
• Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
• Bitcoin millionaires surge 111% in a year amid crypto rally
• SEC charges siblings over $60M Ponzi touting crypto trading bot
• PayPal’s PYUSD stablecoin hits $1B market cap
• Men in crypto less attractive to women than cosplayers, anime buffs: Survey

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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The 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 had a strong weekend and weekly close, but all eyes were on Pavel Durov, the founder and CEO of Telegram, who was arrested by authorities in France. The details are still trickling in, but Durov reportedly faces numerous charges related to his operation of Telegram’s social messaging platform and content moderation on the app. Many people have taken this as a direct assault on freedom of speech, raising questions about the liability of a platform creator for the content shared on it. In other news, AI tokens have surged ahead of the Nvidia earnings call on Aug. 28, and Shiba Inu is launching its own DAO. So, grab yourself and coffee, and let’s get into it!

Further reading:

• BTC price dip gone by September? 5 things to know in Bitcoin this week
• Breaking: Telegram CEO Pavel Durov arrested in France
• Telegram founder Pavel Durov arrested — What we know so far
• Telegram issues official statement on Pavel Durov detention
• AI tokens surge ahead of ‘Super Bowl’ Nvidia earnings report
• Memecoin Shiba Inu unveils plans to launch DAO

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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The 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’s price is currently bouncing between the $60,000 support and $62,000 resistance levels as analysts warn that breaking through the 200-day moving average is essential to avoid BTC testing $50,000 again. However, while Bitcoin’s price is tame, its network transaction fees have been anything but — spiking nearly 938% on Aug. 22. Elsewhere in the crypto sector has been busy; former Binance CEO Changpeng Zhao has left prison 38 days before his expected release, but despite the rumors, he’s not free yet. Grayscale has launched an AVAX investment fund, 80% of hacked cryptocurrencies struggle to ever recover in price, and Tron makes a play for Solana’s memecoin crown.

Further reading:

• Bitcoin is holding $60K — Here’s why it’s important
• Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
• Bitcoin avg. transaction fee rises 937.7% in 24 hours
• Changpeng Zhao moved to custody of field office ahead of Sept release
• Grayscale launches investment fund for AVAX token
• Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi
• Sun rises: Tron’s new memecoin deployer flips Pump.fun

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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The 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.

Today’s episode delves into the latest regulatory and market shifts in the crypto and tech worlds. Binance steps up its game with 1,000 new hires focused on compliance, and California Senator Scott Wiener challenged OpenAI over its opposition to AI safety legislation. In other news, the US state of Wyoming has an ambitious plan to launch a state-backed stablecoin by early 2025, crypto firms are making waves in the 2024 US elections, and US-based spot Ether ETFs experienced a record-breaking outflow streak, raising concerns about investor sentiment. Finally, some more details have emerged about US Vice President Kamala Harris’ approach to the crypto industry if she wins November’s presidential election. So, grab yourself a coffee, and let’s get into it!

Further reading:

• Wyoming stablecoin may launch Q1 2025 — Governor Mark Gordon
• Crypto firms contributed 48% of all corporate political donations in 2024: Report
• Harris aide suggests VP will ‘support policies’ for crypto industry growth
• Spot Ethereum ETFs record longest outflow streak amid drying investments
• California senator slams OpenAI’s opposition to AI safety bill
• 20% of Binance’s new hires this year will be in compliance, says CEO
  
  

This episode of Rise’n’Crypto was brought to you by Cointelegraph and 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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The 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’s stagnation might be partly due to a sharp decline in demand since April, according to data from CryptoQuant. A large part of this comes from the US-based spot Bitcoin ETFs, which were gobbling up sats at an absurd pace after they launched on Jan. 11 but have since slowed their BTC purchases — and that might be a good thing. Elsewhere, Binance and its former CEO Changpeng Zhao face a class-action lawsuit, a whale loses $55 million, and Solana struggles with declining network activity while Base goes from strength to strength. So, grab yourself and coffee, and let’s get into it!

Further reading:

• Bitcoin demand sharply declining since April — CryptoQuant
• Spot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days
• CZ and Binance face new lawsuit for alleged laundering of stolen crypto
• Crypto phishing attack drains $55M from whale’s wallet
• Solana price hits a wall at $150 as several headwinds intensify
• Base hits 4M active addresses amid ‘Onchain Summer’ campaign

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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The 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.