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Bitcoin
Gemini Files Lawsuit Against Digital Currency Group and Barry Silbert Alleging Fraud and Deception
After Gemini co-founder Cameron Winklevoss published an open letter to Digital Currency Group (DCG) CEO and founder Barry Silbert, threatening legal action if the firm failed to respond by July 7, Winklevoss announced on Friday that his…
Web3 Gaming Ecosystem Neon Link Announces July 13 for Public Token Sale
Pioneering Web3 gaming platform Neon Link has announced the launch date of its public token sale, which will commence on July 13, 2023, at 13:00 UTC. The emerging blockchain innovator has created an entire ecosystem to play and develop…
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 Ahead of US Nonfarm Payrolls
Bitcoin dropped below the $30,000 level on Friday, ahead of the upcoming nonfarm payrolls (NFP) report in the United States. Today’s report comes as private sector jobs rose by 497,000 in the last report, double the expected number.…
U.S. Added 209K Jobs in June, Missing Expectations for 230K
The unemployment rate TKTK to 3.X% versus 3.7% in June and against expectations for 3.7%.
Bitwage Purges USDC Payments for US Residents Due to a ‘More Strict Regulatory Climate’
Bitwage, a cryptocurrency payroll company, has announced it will remove USDC-based payments for U.S. residents. In an email sent to U.S.-based customers, Bitwage explains removing the second-largest stablecoin by market cap from its…
Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report
The Bureau of Labor Statistics will release the nonfarm payrolls report for June at 12:30 UTC.
IMF Working Paper Urges Tax System Overhaul to Tackle Crypto’s Tax Collection Challenges
A research paper published by the International Monetary Fund (IMF) warns that tax collection is significantly more challenging with cryptocurrency assets, and current tax systems are not designed to handle them. The IMF’s working…
Putin Warns of Increased Financial Crisis Risk — Says Russia Is Being Subjected to Hybrid War
Russia’s President Vladimir Putin has warned of increased “risks of a new global economic and financial crisis against the backdrop of an uncontrolled debt accumulation by developed countries.” He added that Russia is “being subjected to a…
Peter Schiff: The Fed Has Lost Inflation Fight — ‘Markets Just Haven’t Figured That out Yet’
Economist Peter Schiff has warned that the Federal Reserve has lost and inflation is about to get worse. “The markets just haven’t figured that out yet,” he cautioned, emphasizing that “We continue to get a lot of weak economic data.”…