“The Price of Tomorrow” author Jeff Booth has warned of a “great depression on steroids” if the U.S. Federal Reserve keeps hiking interest rates, while buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price movements in shiba inu. En otras noticias, former FTX US president Brett Harrison has explained why he left the company and his relationship with co-founder Sam Bankman-Fried (SBF), of FTX infamy. All this and more just below.
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Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed “will be forced to pivot.”
El ex presidente de FTX US, Brett Harrison, publicó un hilo de Twitter de 49 partes explicando por qué dejó la empresa y su relación con el cofundador Sam Bankman-Fried. (SBF) de FTX. Antes de su puesto en FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel Securities. En el hilo de Twitter, the former president of the U.S. subsidiary explained that his “relationship with Sam Bankman-Fried and his deputies had reached a point of total deterioration, after months of disputes over management practices at FTX.”
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
The meme token shiba inu has seen a rise against the U.S. dollar in recent days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about to be launched on top of the Ethereum blockchain to provide better scalability, faster transaction times, and lower fees.
Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
The Securities and Exchange Commission (SEGUNDO)’s former head of internet enforcement has warned the crypto industry that a “regulatory onslaught is just beginning.” His warning followed several recent enforcement actions the securities regulator took against major crypto firms.
What are your thoughts on the “regulatory onslaught” that is said to be on the way? Asegúrese de hacérnoslo saber en la sección de comentarios a continuación..
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