{"id":16738,"date":"2023-01-22T14:27:20","date_gmt":"2023-01-22T14:27:20","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/debt-deflation-warnings-shibarium-buzz-sees-shib-rise-former-ftx-us-president-talks-sbf-and-more-week-in-review-the-weekly-bitcoin-news\/"},"modified":"2023-01-22T14:27:20","modified_gmt":"2023-01-22T14:27:20","slug":"debt-deflation-warnings-shibarium-buzz-sees-shib-rise-former-ftx-us-president-talks-sbf-and-more-week-in-review-the-weekly-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/debt-deflation-warnings-shibarium-buzz-sees-shib-rise-former-ftx-us-president-talks-sbf-and-more-week-in-review-the-weekly-bitcoin-news\/","title":{"rendered":"Debt Deflation Warnings, Shibarium Buzz Sees SHIB Rise, Former FTX US President Talks SBF, and More \u2014 Week in Review \u2013 The Weekly Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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\u201cThe Price of Tomorrow\u201d author Jeff Booth has warned of a \u201cgreat depression on steroids\u201d 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. In other news, 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. <\/strong><\/p>\n

\"Jeff<\/p>\n

Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates<\/h2>\n

The author of \u201cThe Price of Tomorrow,\u201d Jeff Booth, has warned about debt deflation, calling it a \u201cgreat depression on steroids,\u201d if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed \u201cwill be forced to pivot.\u201d<\/p>\n

Read More<\/strong><\/a><\/p>\n

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Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread<\/h2>\n

The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel Securities. In the Twitter thread, the former president of the U.S. subsidiary explained that his \u201crelationship with Sam Bankman-Fried and his deputies had reached a point of total deterioration, after months of disputes over management practices at FTX.\u201d<\/p>\n

Read More<\/strong><\/a><\/p>\n

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SHIB Token Sees Rise Ahead of Shibarium Beta Launch<\/h2>\n

The meme token shiba inu has seen a rise against the U.S. dollar in recent days as the coin\u2019s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, \u201cShibarium beta,\u201d is about to be launched on top of the Ethereum blockchain to provide better scalability, faster transaction times, and lower fees.<\/p>\n

Read More<\/strong><\/a><\/p>\n

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Former SEC Official\u2019s Crypto Warning: Regulatory Onslaught Is Just Beginning<\/h2>\n

The Securities and Exchange Commission (SEC)\u2019s former head of internet enforcement has warned the crypto industry that a \u201cregulatory onslaught is just beginning.\u201d His warning followed several recent enforcement actions the securities regulator took against major crypto firms.<\/p>\n

Read More<\/strong><\/a><\/p>\n

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\nTags in this story
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Brett Harrison<\/a>, debt deflation<\/a>, FTX.US<\/a>, inflation<\/a>, Jeff Booth<\/a>, Regulation<\/a>, sbf<\/a>, SEC<\/a>, shib<\/a>, shiba inu<\/a>, Shibarium<\/a>, surveillance<\/a><\/div>\n<\/div>\n

What are your thoughts on the \u201cregulatory onslaught\u201d that is said to be on the way? Be sure to let us know in the comments section below. <\/strong><\/em><\/p>\n

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\nBitcoin.com <\/h6>\n

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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