Recent Fed Rate Hikes Might Go Down in History as Most Damaging Ever – Economics Bitcoin News
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Tesla CEO and Twitter chief Elon Musk says the Federal Reserve’s current rate hikes “might go down in history as most damaging ever.” The billionaire has urged the Fed to chop rates of interest instantly, emphasizing that the U.S. central financial institution is “massively amplifying the probability of a severe recession.” Elon Musk on Fed Rate Hikes Tesla, Spacex, and Twitter boss Elon Musk warned Thursday concerning the damaging affect of the Federal Reserve quickly elevating rates of interest. His warning was in reply to a tweet by former funding supervisor Genevieve Roch-Decter stating that “the Fed has never raised
Bitcoin Magazine Morgan Stanley Plans To Offer Bitcoin And Crypto Trading To E-Trade Clients Bloomberg reports that the Wall Street giant is in the early stages of planning to add spot Bitcoin and crypto trading capabilities to its ETrade brokerage platform. The project aims to allow ETrade’s retail clients to…
Bitcoin Magazine Russia Is Using Bitcoin and Crypto For Its Oil Trades with China and India Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report,…