Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Lett...
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising interest rates. Wood says that the “unprecedented 13-fold increase in interest rates” has not only shocked the world but it’s also pushing the economy toward risking a “deflationary bust.” Ark Invest’s Catherine Wood Says Fed’s Last 75bps Rate Hike Was ‘Surprising,’....
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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the Federal Reserve will destroy the U.S. economy with interest rate hikes. He advises people to invest in “real money,” naming bitcoin as an example. Robert Kiyosaki on Fed Rate Hikes, U.S. Economy, Bitcoin The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with more warnings about the U.S. economy and advice on where investors should put their money. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over....
Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies. Rhymes questioned if anyone was into crypto and how people were feeling about digital currencies at the moment. Busta Rhymes Asks If He Should Buy Crypto The American rapper, songwriter, record producer, and actor, Busta Rhymes, discussed cryptocurrencies on Wednesday afternoon. Rhymes is well known for his music career and also has seen the most nominations for a Grammy Award without winning. On Wednesday, Rhymes addressed his millions of followers on....
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets has picked up,” the Goldman analysts explained.
Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes
Global investment bank Goldman Sachs published a research note Thursday detailing bitcoin’s increased vulnerability to the Federal Reserve hiking....
The one and only Busta Rhymes joins the ever-growing community of hip hop artists interested in cryptocurrencies. Even though his interest is exploratory so far, the light a star of his caliber can shine over the crypto industry cannot be denied. A person like Busta Rhymes has cultivated an audience over the last few decades […]
Is Busta Rhymes putting in the work? Is the rapper going to do his own research and emerge triumphant on the other side? We weren’t counting on it, but Busta Rhymes’ interest in cryptocurrencies hasn’t waned. And, surprise surprise, he only answered the offers of two of the most notorious Bitcoin maximalists around: Jack Dorsey […]