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

Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein Warns About a Recession Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior

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Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a  spike to one-week highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed sparks little crypto reactionData from Cryptox Markets Pro and TradingView confirmed an overnight peak of $40,050 on Bitstamp following comments from the Federal Reserve and

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Indian minister wants global crypto rules to curtail money laundering risk

In her address to the International Monetary Fund, Indian Finance Minister Nirmala Sitharaman called for a global cryptocurrency framework to keep a check on the use of cryptocurrencies for illicit activities. LIVE NOW: A panel discussion on the policy challenges and opportunities of #DigitalMoney to the international monetary system. #CBDC

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Bitcoin holds $40K over Easter but thin liquidity, ‘capitulation’ risk haunt traders

Bitcoin (BTC) chose compression over the Easter weekend, sparing nervous traders a fresh dive below $40,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDerivatives traders take no risksData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrowing range with $40,700 as its ceiling Saturday and Sunday.The pair saw little action

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