Rise’n’Crypto Сointelegraph

This week is shaping up to be one of the most memorable in crypto history, with enormous story after enormous story unfolding. Firstly, we look at why Bitcoin took a sizeable hit in the past 24 hours, losing its $60,000 support and liquidating investors left and right. Then, we’ll look at the ex-Binance CEO, Changpeng “CZ” Zhao, being sentenced to four months in prison, which is markedly shorter than most people expected. Elsewhere, “Bitcoin Jesus” is arrested and hit with an eye-watering tax bill. It’s all happening in crypto, but Cointelegraph has got you covered.

Further reading:
Bitcoin price loses $60K support to hit 2-month lows‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correction‘No signs’ of Bitcoin miner capitulation despite plummeting revenueEx-Binance CEO Changpeng Zhao sentenced to four months in prisonUS Justice Dept charges Roger Ver with tax fraudCoinbase integrates Lightning Network for Bitcoin transactionsSo, grab yourself a coffee, and let’s get into it!
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 contains some of the most important crypto stories, not just in the past 24 hours but in all of crypto history. This isn’t hyperbole — while Bitcoin is quiet, the U.S. Department of Justice is being slammed for its case against Tornado Cash and its founders. The U.S. SEC and its Chair Gary Gensler may have determined Ether is a security at least a year ago without making it public. And a North Korean hacking group has laundered over $200 million in stolen crypto since 2020, according to a 15-month investigation by ZachXBT.

Further reading:
Bitcoin price battles for $63K support amid warning bulls ‘complacent’Worst month since 2022 bear market? 5 things to know in Bitcoin this weekDOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — LawyerSEC and Gensler believed Ether was security for at least a yearLazarus Group laundered over $200M in hacked crypto since 2020References:
How Lazarus Group laundered $200M from 25+ crypto hacks to fiat from 2020–2023So, grab yourself a coffee, and let’s get into it!
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.

There is a hidden theme to this episode: sometimes, a lack of change can indicate a major change to come. Bitcoin’s price spent the weekend mainly around the same level, but analysts point to a “strong bullish setup” as the consolidation period extends. Yuga Labs, the creator of the Bored Ape Yacht Club NFTs, has begun restructuring to overcome stagnation and get the company back to its roots. Ethereum network fees hit a six-month low, but that gradual decline might indicate an incoming altseason — and a big one at that.

Further reading:
Bitcoin chart bull flag is a ‘strong bullish setup’ — AnalystSolo Bitcoin miner wins the 3.125 BTC lottery, solving valid block‘Lost’ Yuga Labs restructures again, with layoffs, new executiveGoogle Cloud’s Web3 portal launch sparks debate in crypto industry6-month low Ethereum fees suggest altseason is inbound — SantimentCrypto trader sees best ‘altseason’ since 2017 as Bitcoin price coolsReferences:
Google Cloud Web3 Portal So, grab yourself a coffee, and let’s get into it!
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.

You shouldn’t miss an episode of Rise’n’Crypto, but if you have to, this isn’t the one. Whales are on the move, and the SEC is being sued over what could be a reason for spot Ethereum ETF applications being denied in May. We’ll break down why tokenization has major players in finance hot under the collar, and yesterday, users could buy the new Solana phone and be $30 better off for doing so. It’s a wild episode today!

Further reading:
’Epic sat’ mined from fourth Bitcoin halving block sells for $2.1M‘Giant buy’ signal? Crypto whales transfer $1.3B to CoinbaseBoomers to pour $300B into crypto markets — Morgan Creek CapitalUS SEC expected to deny spot Ether ETFs in MayConsensys files lawsuit against SEC and commissioners over Ether regulationTokenization’s next phase requires real-world data integration — ChainlinkSolana Mobile ‘Chapter 2’ airdrops briefly exceed cost of pre-orderSo, grab yourself a coffee, and let’s get into it!
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.

Crypto ETFs are back in the news as Hong Kong approves spot Bitcoin and Ether ETFs to start trading on April 30. On the other hand, BlackRock’s iShares Bitcoin Trust ETF saw zero inflows for the first time since it launched. Elsewhere, the wild OneCoin story continues to unfold, Nigeria’s central bank has to deny a heavy-handed directive, and Hedera’s token pumps and then dips as an announcement about BlackRock is misinterpreted, with drama ensuing.

Further reading:
Hong Kong Bitcoin and Ether ETFs officially approved to start trading on April 30$1M Bitcoin price still in play amid ‘macro liquidity surge’ — Arthur HayesUS authorities arrest and charge new figure in OneCoin scheme — Who is William Morro?Nigeria’s central bank forced to deny claims of crypto account freezeHedera’s HBAR token pumps 96% on misinterpreted BlackRock announcementBlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32%So, grab yourself a coffee, and let’s get into it!
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.

In today’s episode, we have some huge stories from the past 24 hours from every corner of crypto. Jack Dorsey’s Block is developing a full Bitcoin mining system that could increase efficiency for miners post-halving, Binance is being sued in Canada, Tether is in the middle of U.S.-Venezuela oil tensions, El Salvador’s state Bitcoin wallet has its code leaked by hackers, and there’s still hope if you have lost your crypto wallet password. If you want all the latest news from crypto, you better carve out 10 minutes to listen!

Further reading:
Bitcoin whale ‘FOMO’ hits as BTC price coils below $67K liquidity zoneJack Dorsey’s Block announces development of ‘full Bitcoin mining system’Binance sued in Canada for securities law violationsTether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctionsEl Salvador: Hackers leak code of state Bitcoin walletFather-son team says they’ve recovered $6M in lost cryptoSo, grab yourself a coffee, and let’s get into it!
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.