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Marathon Digital CEO Addresses Newly-Passed Mining Bills in Texas

In the past few weeks, two crypto mining bills, SB 1929 and HB 591, are awaiting Texas Gov. Greg Abbott’s signature. The legislation shows support for miners. Marathon Digital Holdings CEO Fred Thiel breaks down how the bills could impact crypto miners in the Lone Star state.

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How Does the May Jobs Report Impact the Crypto Markets?

The U.S. economy added 339,000 jobs in the month of May, with the unemployment rate rising to 3.7%, according to data from the Bureau of Labor Statistics (BLS). "First Mover" breaks down what the jobs data could mean for the crypto markets.

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Future of Crypto Regulation as EU Finalizes MiCA

CoinDesk regulatory Reporter Jack Schickler joins "First Mover" to discuss the latest developments on crypto regulation in the Europe as the landmark Markets in Crypto Assets regulation (MiCA) framework is finalized. This comes as a recent report commissioned by EU lawmakers states landmark new crypto laws under MiCA may have few short-term benefits without further steps.

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Bitcoin Above $27K Following Better-Than-Expected May Jobs Report

Bitcoin (BTC) climbed back above the $27,000 level as the U.S. economy added 339,000 jobs in the month of May, beating expectations. Coinbase Institutional Head of Research David Duong joins "First Mover" with his market analysis. Plus, reaction to Tether's USDT market cap reaching a record-high of $83.2 billion.

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Marathon Digital CEO Weighs in on Texas Bitcoin Mining Legislation

Texas legislators are throwing their weight behind bitcoin mining with two bills passed in the latest legislative session that are signaling support for the industry, and one thwarted for the time being. Marathon Digital Holdings CEO Fred Thiel discusses what this means for crypto miners in the Lone Star state. Plus, insights on bitcoin mining plans in other locations around the world.

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MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve; Nike Teams Up With EA Sports

CoinDesk's Jennifer Sanasie presents the major stories shaping the crypto industry on "CoinDesk Daily" as MakerDAO’s community voted to ditch $500 million Paxos Dollar (USDP) stablecoin from the lending protocol's reserves. Plus, insights on Kraken's gains in customer deposits in Canada following the departure announcements of its rival exchanges including Binance and OKX. And, a closer look at the partnership between Nike Virtual Studios and video game developer EA Sports.

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Exploring the Dangers Of NFT Influencer Culture

A non-fungible token (NFT) charity scam surrounding the Pixel Penguins collection is illuminating the potential dangers of NFT influencer culture. "The Hash" panel discusses the scam and the lessons learned.

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Sui Blockchain Announces Multiyear Deal With Red Bull Racing

Sui, whose blockchain went live less than a month ago, has signed a multiyear deal to become the blockchain partner of Formula One's Oracle Red Bull Racing team. The blockchain's native token (SUI) rose before receding on the news. "The Hash" panel discusses what to make of Red Bull's latest crypto push and the outlook for the Sui community.

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Kraken’s Canada Customer Deposits Rose After Binance, OKX Plan to Leave

Cryptocurrency exchange Kraken is reaping the benefits of staying in Canada after rivals such as Binance and OKX said they plan to withdraw. Kraken’s customer deposits in the country grew by 25% in the weeks following Binance’s announced departure in early May, according to data sent to CoinDesk from a Kraken representative. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

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Treat Crypto as Securities by Default, European Parliament Study Says

Crypto assets should be treated as securities by default, and the autonomous organizations that govern decentralized finance (DeFi) should be granted legal status, according to a study commissioned by lawmakers at the European Parliament published Tuesday. This comes as the EU finalizes its landmark MiCA law. "The Hash" panel discusses the latest in crypto regulation.

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