US gov’t moves $2B BTC, SEC backtracks in Binance suit, Ronin hits 2M daily users

It’s a packed episode today! Bitcoin rejected $70,000 again, and the US government spooked the market by moving $2 billion worth of its seized BTC just two days after former President Donald Trump promised that, if elected, none would be sold. Elsewhere, the US SEC has backed down on claims that many major tokens like SOL, ADA and MATIC are securities in its case against Binance, the gaming blockchain Ronin hits two million daily active users, and Tron has surpassed Ethereum in daily revenue. Tune in for all of this and much more in today’s Rise’n’Crypto.Further reading:Record $39.4B Bitcoin open interest suggests imminent price breakoutBTC price dips 4.5% as US gov’t Bitcoin move raises new sell-off fears‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledgeSEC backs down on claiming SOL, ADA, MATIC, other tokens are securities in Binance suit4 suspects forced a Bitcoiner to transfer BTC before killing him, police sayGaming blockchain Ronin records 2M daily active users: Token TerminalTron surpasses Ethereum: $1.42M revenue in 24 hoursRise’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.