- DailyCoin Newsletter
- Posts
- 2023-07-04
2023-07-04
✏️ Winklevoss Draws the Line with DCG!
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/229c110b-9527-4e6d-ba94-e7cf0c3ed0f4/5f290a9d-05fd-b6ba-5b83-6ddde5afe59d.png?t=1703769119)
Howdy Folks,
Happy 4th of July to our US readers!
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a412a894-8493-45bd-aa43-5964d7131bd2/a408482b-fb83-8479-6191-2d2636307c84.gif?t=1703769119)
Without further ado, let’s jump in.
🤑 Winklevoss' Billion-Dollar Standoff
🎢 Rogan’s Crypto Rollercoaster
📉 Bieber's NFT Dip
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6053d567-9ef5-47ca-a5f6-70d308cbe2ef/cca4b9da-bd26-6c13-82e2-78ae8312ac7f.png?t=1703769123)
🗿 Winklevoss Slams Down the Gauntlet: DCG Given Two Days to Accept Final Offer
Cameron Winklevoss, co-founder of Gemini cryptocurrency exchange, is playing a high-stakes chess game with Digital Currency Group (DCG) CEO Barry Silbert.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/1e782dac-b287-41c2-946b-78389d648fea/e5e89569-8420-b617-b7b7-8b2ddc725139.gif?t=1703769124)
The grandmaster move? ♟️
A public ultimatum was issued today.
Winklevoss gave Silbert 48 hours to accept Gemini's "best and final offer" for debt restructuring, valued at a whopping $1.465 billion over five years.
The feud started when DCG’s Genesis halted withdrawals, entering bankruptcy.
Winklevoss claims Genesis owes $1.2 billion to Gemini Earn users, though Genesis places the number at $765.9 million.
Regardless, Winklevoss isn't playing games anymore.🧨
The final offer includes a forbearance payment of $275 million by July 21st and payments of $355 million and $835 million over five years, divided among USD, Bitcoin, and Ethereum.
Winklevoss deemed the offer as the "floor that creditors will accept."
Checkmate, Silbert.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/d7c73382-2845-4e3d-a6cd-772efc2b985f/a7a13687-2925-d497-497e-77872c6da6e5.gif?t=1703769125)
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/8a6350e6-a068-401d-9d62-37c8e6c1ab16/cca4b9da-bd26-6c13-82e2-78ae8312ac7f.png?t=1703769125)
Decoding Kraken Fees: What You Need to Know
's fees for using Instant Buy are comprised of a shown fee and, where applicable, a spread included in the asset's price.
Unlike the displayed fee, the spread is not static but rather calculated before each transaction's execution.
It may vary even for similar transactions, as multiple factors influence it.
These include the transaction size, asset type, payment method, and current market conditions.
Understanding these variables can help users navigate Kraken's fees more effectively and optimize their digital asset transactions.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/2633599e-ebf5-41de-bc32-a16b72760d7d/cca4b9da-bd26-6c13-82e2-78ae8312ac7f.png?t=1703769126)
🤔 Joe Rogan Meme Coin Skyrockets, Sparks Reminder of Cryptocurrency Risks
In a world where cryptocurrency can feel like a thrilling but perilous rollercoaster ride, the Joe Rogan meme token shot up a 20,000% incline in 24 hours.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/4ed0770f-ed9b-4ae6-8ced-d80da4e0064a/4572b1b0-e892-037e-b303-eead248c68ae.gif?t=1703769129)
It's rocketed to $0.00001376, with a fresh ROGAN/WETH pairing on Uniswap fueling the ride.
Despite the surge, this is no guaranteed joyride. 🤪
The meme token, new to the amusement park of cryptos, has little apparent association with its namesake, talk-show host Joe Rogan.
And with any thrill ride, there's always the potential for a steep drop.
The specter of a rug pull, a sudden loss of value, hangs over meme tokens like an ominous storm cloud.
It's crucial to remember: investing in such speculative currencies carries significant risk.⚠️
Just as sudden ascents can occur, swift declines are equally possible.
Buckle up, and remember to invest wisely.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/69aade56-0b6b-4bee-b90d-a3b75e846a09/d7cd0679-b00e-961c-a285-7905ad56c256.gif?t=1703769130)
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/c2c13791-f29b-4228-be58-79114ff87f80/cca4b9da-bd26-6c13-82e2-78ae8312ac7f.png?t=1703769130)
📉 Bieber's NFT Venture Takes a $1.2M Dive
Like hitting a wrong note at a sold-out concert, pop icon Justin Bieber has seen his $1.3 million investment in the Bored Ape Yacht Club (BAYC) NFT depreciate by over 95% to a mere $59,000.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/70825ff8-3aea-434a-8b0b-7b0e3936c206/36d99df2-63fb-1d09-dbd7-7079406ef0e6.gif?t=1703769131)
A high-stakes game of musical chairs, the NFT market is notoriously volatile, providing both soaring highs and, as Bieber found out, crashing lows.
This drop in value might feel like a bitter encore, but for a star of Bieber's financial stature, with a net worth estimated at $285 million, it's far from a career-ending performance.
It has to sting a bit, though! 🍑
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/a77bb28e-746d-4677-8361-56915a3fd8f4/bf12edf6-6fa8-d471-0711-96f87bf46b5d.gif?t=1703769133)
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/76a72608-b6f7-4020-a3e9-9a8b266e00cb/cca4b9da-bd26-6c13-82e2-78ae8312ac7f.png?t=1703769133)
DailyCoin Daily Meme
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5bb746d5-05ca-4e10-aa8f-3a6b5337574e/8d0e1296-d434-0f85-4772-13639fa30600.png?t=1703769134)
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/058fb6d0-8285-4181-8a19-a89bf559e97f/9e78bb8a-e881-0372-7ffd-84370004560d.png?t=1703769134)
Coinbase’s Controversial XRP Stance Sparks Hypocrisy Outrage
Bill Morgan, an esteemed attorney and passionate advocate for digital assets, has raised notable concerns following a recent statement by Coinbase’s chief...
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/23eb5067-ba1d-4056-b734-a06c3e044d36/171f3354-dc93-f24d-c098-e7979f4de042.jpg?t=1703769136)
Shiba Inu Surges 357% in New Addresses Amid Logo Controversy
In a recent interview for another newspaper, Mr. Valdimarsson said he had no intention of letting the orange cartoon dog be used for business...
USDC Experiences 2% Dip in Supply Over July 4 Weekend
USDC has established itself as one of the most widely used stablecoins, serving as a reliable bridge between traditional fiat currencies and the world of..
Thanks for joining us!
If you're hungry for more, there's always
.
See you next time for more crypto fun!