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CRYPTO 101

Crypto Rundown: Is Ripple Dead & What Altcoins Are Trading Higher?

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 10 October 2024

⏱️ 37 minutes

🧾️ Download transcript

Summary

In this episode of the Crypto Rundown, Brendan Viehman and Tevo explore the ongoing volatility in the cryptocurrency markets, especially Bitcoin's persistent range-bound price action. They discuss the impact of regulatory uncertainty with the SEC's lawsuits, focusing on XRP's legal battles and Crypto.com’s countersuit. The episode delves into Bitcoin's price movements amidst government Bitcoin holdings and potential sales from the Silk Road case. In addition, Brendan and Tevo issue a critical warning about the rise of crypto scams, recounting a $230 million scam case from Miami. They emphasize staying vigilant in the face of evolving scam tactics as the crypto space continues to mature.


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Transcript

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0:00.0

Welcome back everyone to another crypto market rundown where we talk about everything that's happening in the great world of cryptocurrency.

0:17.0

From the fundamentals in the news to the technicals on the charts. We spend the time

0:21.8

doing hours of research so that you all don't have to. And the crypto market is seeing

0:26.9

quite a bit of volatility this week. Now, for people who aren't aware, Bitcoin just kind of

0:32.1

re-contested and re-approached, it's all-time high in that rough area of resistance that we're going to talk

0:38.4

about again in today's episode. But after hitting that, there's been a little bit of a rejection

0:42.7

across the crypto market. There's a lot of news that's happening, especially when it comes to things

0:47.8

like XRP and the SEC. We got Gary Gensler and the SEC back at it again with their same old

0:53.8

shenanigans trying to sue everyone out of the wazoo.

0:57.8

So we're going to talk about this.

0:59.2

We're going to talk about everything that's happening in the general crypto markets.

1:03.4

And then of course, how this can impact the current state of the market.

1:08.0

So welcome back, everyone.

1:09.6

It's good to have you here.

1:10.7

We got a couple of things that we want to make sure that we talk about today. But Tevo, we are

1:15.0

here yet again, another very special hurricane episode for the both of us. That's not holding us

1:21.6

back from these decentralized markets. What doesn't kill us makes us stronger. And here we are. Yeah, 100% shout out to all of Florida,

1:30.5

especially where I live in Tampa. We're going through it right now. But I'm sure we'll build back

1:35.9

better and whatever happens. We'll get through it. But that doesn't mean we can't talk a little

1:39.7

crypto. That's why we're here today. And yeah, just I guess my summarization of kind of the lead in there is there's a lot going on.

1:47.5

And it's really one month really from today, you know, hopefully we'll know what the election results are.

1:53.5

And so it kind of just feels like a culmination of every week. It seems like there's more tension across the geopolitical space, across the finance space,

...

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