News Block: Why is Bitcoin's Price Sideways? SEC Closes Investigation into ETH, Anti-Tether Campaign Hits Times Square, Fed's Treasury Holdings to Double by 2034

Jun 20, 2024

In this week's episode of the Coin Stories News Block powered by Bitdeer (NASDAQ: BTDR), we cover these major headlines related to Bitcoin and global finance:

• Is Bitcoin's price being manipulated by a 'basis trade' used by hedge funds? Could it result in a gamma squeeze?
• SEC closes its investigation into Ethereum 2.0 
• Anti-Tether campaign hits Times Square
• CBO estimates Fed’s Treasury holdings to double by 2034
  
  

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The News Block is powered exclusively by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com. 

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References mentioned in the episode: 

• Coin Stories Macro Hangout Episode
• Basis Trade Pushes Bitcoin Shorts to Record 
• SEC Letter Calling Off Ethereum 2.0 Lawsuit
• ConsenSys’s Lawsuit Against the SEC 
• Consumers’ Research Launches Anti-Tether Campaign
• Tether Campaign Calls It a Ponzi Scheme
• Non-Profit Labels Tether as the “Next-FTX” 
• Tether Has More than 65% of Stablecoin Market
• DOJ Acknowledges Tether in Crypto Scam 
• Nasdaq’s Global Financial Crime Report
• Tether’s Latest Quarterly Attestation Report 
• Cantor Fitzgerald CEO Says Tether Has Money
• Paul Ryan Says Stablecoins Could Help Debt Problem
• Paul Ryan: Senior Advisor for Paradigm 

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This podcast is for educational purposes and should not be construed as official investment advice.

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