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Animoca's Yat Siu Dismisses GameFi Ponzi Problems, Bitcoin and Ether Prices Drop

July 5 (Cointime) - Markets are quiet due to the US long weekend and upcoming economic data. Animoca's Yat Siu has faced criticism for dismissing GameFi's Ponzi problems.

The market index data from CoinDesk includes prices for Bitcoin, Ethereum, S&P 500, Gold, and Nikkei 225, as well as the CoinDesk Market Index (CMI), all with their respective percentage changes. Bitcoin and Ether are down as the US remains off for an extended long weekend, while the GameFi industry is working to rid itself of the perception that it's a cesspool of Ponzi schemes.

Elon Musk has announced temporary limits on the number of tweets users can read per day, while the UK Lords have passed a bill to help seize and freeze crypto used for crime.

Bitcoin Bitcoin $98,720.42
+4.23%
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