Saturday, November 23, 2024
Home > heavyhanded

Elon Musk slams ‘heavy-handed’ Fed as ex-BitMEX CEO sees $1M BTC price

The United States Federal Reserve has been “too heavy-handed” in taming inflation, said pro-Bitcoin (BTC) Tesla and Twitter CEO Elon Musk.In a Twitter debate on March 29, Musk directly criticized U.S. macroeconomic policy, including “excess government spending.”Musk: Fed policy is a “serious issue”Bitcoin and crypto markets remain extremely sensitive to

Read More

South Koreans flock to crypto amid a heavy-handed regulation approach

In South Korea, one in three citizens either own cryptocurrencies or get paid in them. One-tenth of its population trades digital assets, and its youth unemployment rate hovers above 10%. It’s a competitive job market in the East-Asian nation, where high expenses enforce hierarchical social structures, and financial stability can

Read More