BlackRock bullish on Bitcoin, Gemini CEO’s ‘delusion,’ and CEXs’ unhappy staff: Hodler’s Digest, July 2-8

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BlackRock bullish on Bitcoin, Gemini CEO’s ‘delusion,’ and CEXs’ unhappy staff: Hodler’s Digest, July 2-8
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Want to read updates on the BlackRock CEO’s campaign for a Bitcoin ETF, the ongoing legal battle between Gemini and DCG, and CEX employees’ thoughts on their jobs? Find out on this week's Hodler's Digest!

with crypto exchange Coinbase acting as a surveillance partner. It’s unclear if the U.S. Securities and Exchange Commission will approve the investment vehicle, given its track record of rejecting all previously filed spot BTC ETF applications to date.Geminithe conglomerate Digital Currency Group and its CEO, Barry Silbert, claiming “fraud against creditors.” Genesis, a DCG subsidiary, had been the crypto lender responsible for operating an Earn program in partnership with the crypto exchange.

, which slammed Silbert for allegedly trying to play the victim card while owing over a billion dollars to Earn’s investors. “Not even Sam Bankman-Fried was capable of such delusion,” Winklevoss wrote in the letter.has delivered his prediction for the next Bitcoin bull market . In a July 5 “ask me anything” session on Twitter, CZ gave his thoughts on the next bull run, explaining that the price of Bitcoin has historically moved in four-year bull cycles, and his best bet was that this would continue to occur. While admitting he couldn’t predict the future, Zhao emphasized the upcoming Bitcoin halving event in 2024 and declared 2025 to be the most likely year for the next bull market, stating: “The year after Bitcoin halving is usually the bull year.

by tech recruitment firm TrueUp using data from Glassdoor, crypto exchanges, including Gemini, Binance and Coinbase, are home to some of the least happy employees in the industry. The chart shows the happiest and least happy workers across over 27 of most valuable crypto firms on different stages of maturity. The defunct crypto lender Celsius, crypto exchange Gemini and trading firm Amber Group top the list of least satisfied employees, followed by Binance and Coinbase.

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