PlayIconNav
BTC
$63,749.34+2.64%
ETH
$2,549.73+5.55%
BNB
$572.81+2.45%
SOL
$148.45+7.19%
XRP
$0.58728778+0.57%
DOGE
$0.10637272+2.27%
CD20
$1,992.02+3.98%
TRX
$0.15261755+1.92%
ADA
$0.35787669+3.26%
AVAX
$28.17+9.23%
WBTC
$63,606.10+2.55%
SHIB
$0.00001436+3.12%
Ad
Markets
Election 2024

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.

By Nathaniel Whittemore
AccessTimeIconJun 25, 2020 at 7:00 p.m. UTC
Updated Aug 19, 2021 at 2:46 a.m. UTC
Presented By Icon

Election 2024 coverage presented by

Stand with crypto
breakdown-6-25

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.

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.

VolumeMuteUnmute

Guild of Guardians Built to 'Win' the Web2 Mobile Space: Game Director

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0

    • 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.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.