Prepare for Recession: Musk and Goldman Sachs' Blankfein Weigh In; Galaxy Digital's CEO Talks on Terra Collapse — Bitcoin.com News Week in Review
the weekly

Prepare for Recession: Musk and Goldman Sachs' Blankfein Weigh In; Galaxy Digital's CEO Talks on Terra Collapse — Bitcoin.com News Week in Review

THELOGICALINDIAN - This anniversary both Goldman Sachs Lloyd Blankfein and Tesla bang-up Elon Musk advised in on the affair of an approaching recession in the US arising sobering estimations In the deathwatch of Terras ballsy abortion the affair is all the added analytical but LUNAtattooed Galaxy Digital CEO Mike Novogratz still thinks the crypto anarchy is actuality to break This is the Bitcoincom News Anniversary in Review

Prepare for Recession: Musk and Goldman Sachs' Blankfein Weigh In; Galaxy Digital's CEO Talks on Terra Collapse — Bitcoin.com Account Week in Review

Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’

Lloyd Blankfein, a above Goldman Sachs CEO who is now the firm’s chief chairman, has warned about an approaching recession in the U.S. Blankfein says that companies and consumers should prepare, and fatigued that it’s a “very, actual aerial risk.”

Read More

Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It 'Will Get Worse'

Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’

Tesla and Spacex CEO Elon Musk says that the U.S. abridgement is apparently in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest acumen for aggrandizement is that the government printed a bulk added money than it had.”

Read More

Onchain Analysis Report Says Terra's Bitcoin Reserves Were Sent to Binance and Gemini

Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini

After the collapse of Terra’s once-stable bread terrausd (UST), a cardinal of bodies wondered area the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were declared to be acclimated to avert UST’s $1 parity. On Friday aftermost week, the blockchain intelligence and analytics firm, Elliptic, appear a blog column that summarizes area the bitcoin was sent, according to the firm’s arrangement surveillance tools.

Read More

Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses Terra LUNA and UST Fallout

Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout

On May 18, the billionaire broker and crypto backer Mike Novogratz appear a column about the contempo Terra blockchain fallout. Novogratz and his close Galaxy Digital were big believers in the Terra project, and the broker alike got a LUNA-centric boom on his arm. Despite the contempo contest and losses the crypto abridgement acquainted this accomplished week, Novogratz fatigued that he still durably believes the “crypto anarchy is actuality to stay.”

Read More

Do you anticipate a recession is on the way? How will crypto book through it all, if so? Let us apperceive your thoughts in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons