No Cuts for You

JUN 13, 202416 MIN
This Week in Bitcoin

No Cuts for You

JUN 13, 202416 MIN

Description

A new must-pass bill gives the President of the United States the power to block any Bitcoin transaction. Also, thoughts on the Fed rate and why Bitcoin Miner Bitfarms is preparing a “poison pill” strategy.<br /><br /><strong>Sponsor:</strong> <a href="http://podhome.fm" target="_blank">http://podhome.fm</a><br /> <strong>Promo Code:</strong> TWIB<br /><br /><strong>LINKS:</strong><br /><ul><li><a href="https://cointelegraph.com/news/new-us-law-block-digital-assets" target="_blank">New law grants US president power to block digital asset access</a></li><li><a href="https://www.coindesk.com/policy/2024/06/10/senate-bill-could-open-crypto-to-us-sanctions-but-industry-trying-to-head-it-off/?ref=tftc.io" target="_blank">Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off</a></li><li><a href="https://www.congress.gov/bill/118th-congress/senate-bill/4443/text" target="_blank">Text - S.4443 - 118th Congress (2023-2024): Intelligence Authorization Act for Fiscal Year 2025 | Congress.gov | Library of Congress</a></li><li><a href="https://www.zerohedge.com/markets/fed-chair-powell-admits-biden-admin-overstating-jobs" target="_blank">Powell Admits The Biden Admin Is “Overstating” Jobs</a></li><li><a href="https://www.zerohedge.com/markets/philadelphia-fed-admits-us-payrolls-overstated-least-800000" target="_blank">Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000</a></li><li><a href="https://www.zerohedge.com/economics/wall-street-admits-biggest-economic-shocker-all-jobs-past-year-have-gone-illegal-aliens" target="_blank">Wall Street Admits The Biggest Economic Shocker: All Jobs In The Past Year Have Gone To Illegal Aliens</a></li><li><a href="https://www.nobsbitcoin.com/bitfarms-adopt-poison-pill/" target="_blank">Bitfarms Adopt ‘Poison Pill’ Strategy to Fend Off Hostile Takeover by Riot Platforms (UPDATED)</a></li><li>The decision follows Riot Platforms’ recent disclosure that it has <a href="https://www.reuters.com/markets/deals/riot-platforms-acquires-12-stake-rival-bitfarms-2024-06-06/?ref=nobsbitcoin.com" target="_blank">acquired a 12% stake in Bitfarms</a>, as well as a rejected <a href="https://www.nobsbitcoin.com/riot-acquires-9-25-stake-in-bitfarms-following-rejected-950m-takeover-offer/" target="_blank">$950 million acquisition offer</a>.</li></ul><strong>Music</strong><br /><ul><li><a href="https://podcastindex.org/podcast/6803256?episode=19370402266" target="_blank">Give My Life by Minno</a></li></ul>