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“The Price of Tomorrow” creator Jeff Booth has warned of a “nice despair on steroids” if the U.S. Federal Reserve retains mountain climbing rates of interest, whereas buzz in regards to the anticipated layer two (L2) scaling resolution generally known as Shibarium has been the backdrop for dynamic value actions in shiba inu. In different information, former FTX US president Brett Harrison has defined why he left the corporate and his relationship with co-founder Sam Bankman-Fried (SBF), of FTX infamy. All this and extra slightly below.
Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
The creator of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “nice despair on steroids,” if the Federal Reserve continues to hike rates of interest. He believes that finally the Fed “will likely be compelled to pivot.”
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
The former president of FTX US, Brett Harrison, printed a 49-part Twitter thread explaining why he left the agency and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his function at FTX US, Harrison labored with SBF at Jane Street and previous to becoming a member of FTX, he labored for Citadel Securities. In the Twitter thread, the previous president of the U.S. subsidiary defined that his “relationship with Sam Bankman-Fried and his deputies had reached some extent of complete deterioration, after months of disputes over administration practices at FTX.”
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
The meme token shiba inu has seen an increase towards the U.S. greenback in latest days because the coin’s supporters anticipate the beta launch of the layer two (L2) scaling resolution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about to be launched on high of the Ethereum blockchain to supply higher scalability, quicker transaction occasions, and decrease charges.
Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
The Securities and Exchange Commission (SEC)’s former head of web enforcement has warned the crypto trade {that a} “regulatory onslaught is simply starting.” His warning adopted a number of latest enforcement actions the securities regulator took towards main crypto corporations.
What are your ideas on the “regulatory onslaught” that’s mentioned to be on the way in which? Be positive to tell us in the feedback part beneath.
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