Trump’s bold crypto move, Ethereum’s contradictions, Bakkt’s uncertain future

Today’s episode starts with Donald Trump and his pro-crypto rhetoric, as well as the criticism of Ethereum’s leadership for its opinions on celebrity memecoins. Next, we’ll talk about Friend.tech announcing its blockchain network and Binance hitting 200 million users. And in other news, the Arbitrum Foundation has allocated $215 million to boost game development on its blockchain, and Bakkt — the crypto platform by NYSE’s parent company — may be sold or broken up due to financial struggles.Further reading:Donald Trump doubles down on crypto support at fundraiser event: ReportEthereum leaders are stuck in a ‘massive contradiction’ — Wintermute CEOFriend.tech’s plan to develop own blockchain leaves users confusedBinance reaches 200M users with $100B in assets under custodyArbitrum to distribute $215M in ARB tokens for gaming innovationNew York Stock Exchange-backed Bakkt considers sale — ReportSo, grab yourself a coffee, and let’s get into it!This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Gareth Jenkinson. You can follow Gareth on Twitter.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.