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
A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.