BTC, ETH go parabolic, spot Ether ETF shock, $2B Genesis settlement

What a 24 hours it’s been! Out of nowhere, the market started pumping, and Bitcoin rocketed north of $70,000. Ethereum’s pump made those gains look tame, and a good portion of the reason is centered on the U.S. SEC’s looming decision on whether to approve spot Ether ETFs in the United States. In today’s episode, we discuss what has changed, how crazy the last day has been for BTC, the Grayscale CEO stepping down, and the New York Attorney General’s $2 billion settlement with Genesis.Further reading:Bitcoin liquidates $85M shorts as bull flag sparks $100K BTC price targetBitcoin price hits $70K as spot and BTC ETF buying surgesSEC rumored to be reconsidering spot Ether ETF denial, say analystsGrayscale CEO Michael Sonnenshein steps downNew York AG reaches $2B settlement with Genesis ‘for defrauded victims’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: @CointelegraphCointelegraph’s website: cointelegraph.comThe 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.