POKKET: Crypto Market Update (June 8)
Bitcoin is -7.2% to $33.7k after Trump goes on TV to say he feels crypto is “a scam”. ETH is down -6% to $2600. Movers are GTO +21%, POND BZRX FET TRB OAX -13%, KNC TRU KNC -12%, and rest follow.
The US feds have recovered some of the Bitcoin paid by Colonial Pipeline in the ransomeware attack that shut down the east coast oil pipeline for nearly a week last month.
SKorea’s crypto exchanges are facing further restrictions, as the FSC is considering banning cross trading (executing buy/sell orders at the same price without recording tx) which would heavily penalise exchange revenue.
Michael Saylor’s MicroStrategy is issuing another $400M, this time a straight bond, to acquire more BTC to add to its stash of B92,079.
El Salvador’s President Bukele has added laser eyes to his twitter profile.
Lastly, in ‘WTF?’ headlines, Anthony Weiner is considering selling NFTs of his embarrassing moments.
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