Mysterious whale stacks $118M in WBTC, ‘boring’ Bitcoin, the $30-trillion RWA market

Rise’n’Crypto

Bitcoin is back above $60,000, and there is a lot of moaning about BTC price action being “boring,” but anyone who has spent 10 minutes in crypto will know that it’s typically short-lived, which is what several analysts are predicting. Is a break-out imminent? In other news, a mysterious whale has scooped up over $118 million in Wrapped Bitcoin amid the controversy surrounding the token, the US is looking at applying a fiat reporting mandate to crypto transfers, China has changed its AML regulations to include crypto, and is the tokenization of real-world assets (RWAs) a “$30 trillion opportunity?” Carve 10 minutes out of your day for all this and much more!
Further reading:

• Bitcoin analysts converge on a breakout in September — But is $86K possible?
• Unknown crypto whale has been scooping up WBTC amid controversy
• US mulls applying fiat reporting mandate on crypto transfers
• China supreme court revises Anti-Money Laundering law to include ‘virtual assets’
• Tokenized RWAs are ’a $30-trillion opportunity’ — Polygon exec
• Colorado church group tokenizes $2.5M chapel

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: @Cointelegraph
Cointelegraph’s website: cointelegraph.com
The 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.