1 year ago
“The Price of Tomorrow” writer Jeff Booth has warned of a “great slump connected steroids” if the U.S. Federal Reserve keeps hiking involvement rates, portion buzz astir the anticipated furniture 2 (L2) scaling solution known arsenic Shibarium has been the backdrop for dynamic terms movements successful shiba inu. In different news, erstwhile FTX US president Brett Harrison has explained wherefore helium near the institution and his narration with co-founder Sam Bankman-Fried (SBF), of FTX infamy. All this and much conscionable below.
Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
The writer of “The Price of Tomorrow,” Jeff Booth, has warned astir indebtedness deflation, calling it a “great slump connected steroids,” if the Federal Reserve continues to hike involvement rates. He believes that yet the Fed “will beryllium forced to pivot.”
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried successful Detailed Twitter Thread
The erstwhile president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining wherefore helium near the steadfast and his narration with co-founder Sam Bankman-Fried (SBF) of FTX. Before his relation astatine FTX US, Harrison worked with SBF astatine Jane Street and anterior to joining FTX, helium worked for Citadel Securities. In the Twitter thread, the erstwhile president of the U.S. subsidiary explained that his “relationship with Sam Bankman-Fried and his deputies had reached a constituent of full deterioration, aft months of disputes implicit absorption practices astatine FTX.”
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
The meme token shiba inu has seen a emergence against the U.S. dollar successful caller days arsenic the coin’s supporters expect the beta motorboat of the furniture 2 (L2) scaling solution Shibarium. Developers elaborate connected Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is astir to beryllium launched connected apical of the Ethereum blockchain to supply amended scalability, faster transaction times, and little fees.
Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
The Securities and Exchange Commission (SEC)’s erstwhile caput of net enforcement has warned the crypto manufacture that a “regulatory onslaught is conscionable beginning.” His informing followed respective caller enforcement actions the securities regulator took against large crypto firms.
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What are your thoughts connected the “regulatory onslaught” that is said to beryllium connected the way? Be definite to fto america cognize successful the comments conception below.
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