Man kidnaps former BitConnect employees to ‘recover’ losses, should AI have crypto wallets?

It might have been a “boring” weekend, but the indicators for Bitcoin are pulling in opposite directions. On the one hand, some analysts believe BTC may test as low as $50,000 as the US Marshalls look set to sell the seized Silk Road Bitcoin. On the other hand, investment adviser holdings in spot Bitcoin ETFs are on the rise and are not slowing down, with some believing the latest dip is a “fake-out.” Meanwhile, a debate is underway over whether the world’s largest sovereign wealth fund is increasingly exposing itself to Bitcoin on purpose or due to an algorithm, a man kidnapped two people in an effort to recover funds lost in the BitConnect Ponzi scheme, and should AI have access to crypto wallets?Further reading:A return to $50K? 5 Things to know in Bitcoin this weekAdviser holdings in Bitcoin ETFs rise, hedge fund stakes dip — CoinbaseUS Marshals likely selling Silk Road Bitcoin, says lawyerWorld’s largest sovereign wealth fund Bitcoin exposure not ‘intentional’Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping twoCoinbase CEO Brian Armstrong: AI ‘should have crypto wallets’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.