SEC goes after Robinhood, Bitcoin price hits record high 200-day moving average episode artwork

EPISODE · May 7, 2024 · 11 MIN

SEC goes after Robinhood, Bitcoin price hits record high 200-day moving average

from Rise’n’Crypto · host Сointelegraph

It’s a mixed bag of good and bad in crypto today. On one hand, Bitcoin’s price has hit a new record high 200-day moving average, which acts as a strong indicator for the future, and Grayscale sees yet more inflows to its GBTC ETF. On the other hand, the SEC has handed Robinhood a Wells notice over its crypto business, and Bitcoin mining revenue has hit a yearly low. So, to get a complete picture of the industry over the past 24 hours, carve yourself out 15 minutes and tune in.Further reading:Bitcoin ‘as strong as ever’ with record high 200-day moving averageBitcoin mining revenue hits post-halving yearly lowGrayscale Bitcoin ETF takes the slow train to recoup $17.4B outflowsRobinhood crypto business slapped with SEC Wells noticeJack Dorsey leaves board of decentralized social network BlueskyMemecoins sell-off as Bitcoin price takes the spotlight — Is meme season over? References:Biggest Friend.tech whale dumps tokens as users struggle to claim airdropSo, 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.

It’s a mixed bag of good and bad in crypto today. On one hand, Bitcoin’s price has hit a new record high 200-day moving average, which acts as a strong indicator for the future, and Grayscale sees yet more inflows to its GBTC ETF. On the other hand, the SEC has handed Robinhood a Wells notice over its crypto business, and Bitcoin mining revenue has hit a yearly low. So, to get a complete picture of the industry over the past 24 hours, carve yourself out 15 minutes and tune in. Further readin...

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SEC goes after Robinhood, Bitcoin price hits record high 200-day moving average

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This episode was published on May 7, 2024.

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It’s a mixed bag of good and bad in crypto today. On one hand, Bitcoin’s price has hit a new record high 200-day moving average, which acts as a strong indicator for the future, and Grayscale sees yet more inflows to its GBTC ETF. On the other hand,...

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