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 breakout
• BTC 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 pledge
• SEC backs down on claiming SOL, ADA, MATIC, other tokens are securities in Binance suit
• 4 suspects forced a Bitcoiner to transfer BTC before killing him, police say
• Gaming blockchain Ronin records 2M daily active users: Token Terminal
• Tron surpasses Ethereum: $1.42M revenue in 24 hours

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