Tether’s $118B risk, MicroStrategy to buy more Bitcoin, Germany’s crypto crackdown

09/23/24 • 6 min

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:

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: @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.

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.

Previous Episode

New Solana smartphone, Bitcoin to fix global debt crisis, BlackRock’s BTC white paper

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:

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.

Next Episode

Kamala Harris talks crypto, Ethereum rallies 15%, $321M market inflows after Fed rate cut

Today’s Rise’n’Crypto podcast covers Kamala Harris’ first public remarks on cryptocurrency during a recent fundraiser, as well as Australia’s push for stricter crypto regulations with new financial service licenses.
We also cover Travala’s expansion to Solana-based crypto payments, the $321 million crypto market inflows following the US Fed’s 0.5% rate cut, and Ethereum’s 15% rally in the past week. In other news, US House Republicans urged the SEC to roll back its controversial SAB 121 rules. Tune in for these stories and more from the world of crypto!
Further reading:

This episode of Rise’n’Crypto is brought to you by Cointelegraph and was hosted by Savannah Fortis. You can follow Savannah on X.