Debt Deflation Warnings, Shibarium Buzz Sees SHIB Rise, Former FTX US President Talks SBF, and More — Week in Review – The Weekly Bitcoin News

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“The Worth of Tomorrow” writer Jeff Sales space has warned of a “nice melancholy on steroids” if the U.S. Federal Reserve retains climbing rates of interest, whereas buzz in regards to the anticipated layer two (L2) scaling resolution referred to 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 just under.

Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates

Jeff Sales space Warns of Debt Deflation If Federal Reserve Retains Climbing Curiosity Charges

The writer of “The Worth of Tomorrow,” Jeff Sales space, has warned about debt deflation, calling it a “nice melancholy on steroids,” if the Federal Reserve continues to hike rates of interest. He believes that ultimately the Fed “shall be pressured to pivot.”

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Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread

Former President of FTX US Shares His Expertise and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread

The previous president of FTX US, Brett Harrison, revealed a 49-part Twitter thread explaining why he left the agency and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Earlier than his position at FTX US, Harrison labored with SBF at Jane Road and previous to becoming a member of FTX, he labored for Citadel Securities. Within the Twitter thread, the previous president of the U.S. subsidiary defined that his “relationship with Sam Bankman-Fried and his deputies had reached a degree of complete deterioration, after months of disputes over administration practices at FTX.”

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SHIB Token Sees Rise Forward of Shibarium Beta Launch

The meme token shiba inu has seen an increase in opposition to the U.S. greenback in latest days because the coin’s supporters anticipate the beta launch of the layer two (L2) scaling resolution Shibarium. Builders detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about to be launched on prime of the Ethereum blockchain to offer higher scalability, sooner transaction instances, and decrease charges.

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Former SEC Official's Crypto Warning: A Regulatory Onslaught Is Just Beginning

Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Simply Starting

The Securities and Alternate Fee (SEC)’s former head of web enforcement has warned the crypto business {that a} “regulatory onslaught is simply starting.” His warning adopted a number of latest enforcement actions the securities regulator took in opposition to main crypto corporations.

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Tags on this story
Brett Harrison, debt deflation, FTX.US, inflation, Jeff Booth, Regulation, sbf, SEC, shib, shiba inu, Shibarium, surveillance

What are your ideas on the “regulatory onslaught” that’s mentioned to be on the best way? Make sure you tell us within the feedback part beneath.

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