This week is shaping up to be one of the most memorable in crypto history, with enormous story after enormous story unfolding. Firstly, we look at why Bitcoin took a sizeable hit in the past 24 hours, losing its $60,000 support and liquidating investors left and right. Then, we’ll look at the ex-Binance CEO, Changpeng “CZ” Zhao, being sentenced to four months in prison, which is markedly shorter than most people expected. Elsewhere, “Bitcoin Jesus” is arrested and hit with an eye-watering tax bill. It’s all happening in crypto, but Cointelegraph has got you covered.

Further reading:

• Bitcoin price loses $60K support to hit 2-month lows
• ‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correction
• ‘No signs’ of Bitcoin miner capitulation despite plummeting revenue
• Ex-Binance CEO Changpeng Zhao sentenced to four months in prison
• US Justice Dept charges Roger Ver with tax fraud
• Coinbase integrates Lightning Network for Bitcoin transactions

So, grab yourself a coffee, and let’s get into it!

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.

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