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Wall Street Veteran Jordi Visser Says Any 'Weakness' in the Job Market Will Be 'Positive' for Bitcoin
During an interview with entrepreneur and investor Anthony Pompliano, Viser said he is currently focused on the "wage side" of the narrative, which he doesn't expect to improve anytime soon. "I am much more negative in my opinion on the job market getting better," said Visser, head of AI Macro Nexus Research at 22V Research. "I think any weakness now that starts to show up from AI agents is going to be a positive for Bitcoin." Visser's thesis is that AI-driven disruptions in the labor market are creating structural economic tensions that central banks, particularly the Federal Reserve, cannot adequately address with ... (full story)
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*US IS REVOKING IRAN-RELATED GENERAL LICENSE TO EXPORT OIL *IRAN'S ACTIONS IN STRAIT OF HORMUZ WHOLLY UNACCEPTABLE: OFFICIAL
Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil Products of Iranian Origin Effective July 7, 2026, General License X, dated June 21, 2026, is revoked and superseded in its entirety by General License X1. Except as provided in paragraph, all transactions prohibited by the above-listed authorities that are ordinarily incident and necessary to the wind down of transactions previously authorized by General License X are authorized through 12:01 a.m. eastern daylight time, July 17, 2026, provided that any payment to a blocked person must be made into a blocked, interest-bearing account located in the United States. Note to paragraph (b). Except to the extent ordinarily incident and necessary to the wind down of transactions previously authorized by General License X for the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, paragraph (b) does not authorize any new transactions, including purchases or loading of such products on or after July 7, 2026.
From finance.yahoo.com | 27 hr ago
Bitcoin has had a dismal year, but its underperformance has been less severe than in previous crypto winters, Bernstein analysts pointed out. In part, that's thanks to digital asset treasury company Strategy (MSTR), which "continues to be a net buyer in the market," analyst Gautam Chhugani wrote in a note on Monday. The token traded near $62,000, down ...
From etftrends.com | 3 hr ago
June nonfarm payrolls rose by just 57,000 against a consensus of 115,000, while the unemployment rate fell to 4.2% from 4.3%.¹ The two-year Treasury yield dropped more than five basis points on the release, and bitcoin rebounded off its cycle low near $57,000, in line with the shift in rate expectations. The reaction underscores that bitcoin remains highly ...