Mt. Gox moves $9.6B BTC to an unknown wallet, Memecoin team linked to GCR hack

That was a tumultuous 24 hours in crypto! We saw a sizeable rally across the board yesterday, with Ethereum rising as much as 3.5% on the day and narrowly missing the $4,000 milestone. But then, as quickly as it had risen, Bitcoin took a 2% haircut as Mt. Gox wallets moved a staggering $9.6B of Bitcoin to an unknown wallet! And while we're tracing wallets, ZachXBT releases his latest investigation that connects the GCR hack with the team behind the viral $CAT memecoin.Further reading:Ethereum price in ‘bull market’ after spot ETH ETF approvals greenlight rally toward $4KGrayscale’s Ethereum ETF could bleed $110M daily in first month: KaikoBitcoin dips 2% as Mt. Gox wallets move over $7B to unknown walletBitcoin exchange-traded products now hold over 1 million BTCMemecoin team connected to GCR hack, reveals ZachXBTArgentina aims to learn from El Salvador's Bitcoin successReferences: ZachXBT thread on X on investigation of GCR hackSo, 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.