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Is Scam Selling Suppressing the Price of Bitcoin?
Scam selling, a big win for privacy from Apple, new jobless claims in the “whack-a-mole” economy and the biggest BTC options expiry ever.
Updated Sep 14, 2021, 8:56 a.m. Published Jun 25, 2020, 7:00 p.m.
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Scam sales, a big win for privacy from Apple, new jobless claims in the “whack-a-mole” economy and the biggest BTC options expiry ever.
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This episode is sponsored by Bitstamp and Ciphertrace.
Today’s edition of The Breakdown is an extended version of the Brief, this time covering five topics.
- New Jobless claims - sticking stubbornly at ~1.5 million new claims per week, despite economist expectations
- The “whack-a-mole” economy - Former Treasury Secretary Lawrence Summers predicts as much as 30% of the economy may need to close to get COVID-19 under control
- PlusToken scam pressure on BTC price: Has scam selling suppressed the price of bitcoin since early last year?
- Biggest ever bitcoin option expiry; more than $1 billion in notational value BTC options are set to expire tomorrow, Friday, June 26
- Apple’s UX privacy triumph: Users will have to opt-in to allow apps to track them across other apps as well
See also: Bitcoin Only Matters Because the Game Is Rigged
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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- If approved, the funds would be launched in partnership with Crypto.com, which would provide custody, liquidity and staking services, and be distributed through its affiliate Foris Capital US LLC.
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