Presidential Race Predictions, Funding Warnings, And Billion-Greenback Proposals: This Week In Crypto

The previous week was buzzing with a flurry of reports from the world of finance and cryptocurrency. From daring predictions in regards to the presidential race and the way forward for digital property to funding warnings and intriguing proposals, the tales have been as various as they have been impactful. Right here’s a fast recap of the highest tales that made headlines.

Nate Silver’s Presidential Race Predictions

Former FiveThirtyEight editor-in-chief Nate Silver stirred the pot together with his contrasting interpretations of the presidential race. In an opinion piece, he recommended that each Vice President Kamala Harris and former President Donald Trump may outperform their present ballot numbers. Silver’s “intestine” leans in the direction of a Trump victory, however he additionally believes that Harris may shock many by sweeping key battleground states.

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Anthony Scaramucci’s Crypto Predictions

With a doubtlessly crypto-friendly Congress on the horizon, Anthony Scaramucci anticipates vital coverage modifications that might form the digital asset business. In an unique interview with Benzinga, he mentioned potential regulatory shifts, together with the potential for established protocols being categorized as “decentralized commodities”. This might cut back authorized dangers and convey extra readability to the market, he mentioned.

Learn the total article right here.

See Additionally: MicroStrategy Pushes Larger As BlackRock Buys In, However Peter Schiff Sees A Crash Forward

Peter Schiff’s Funding Warning

Economist Peter Schiff warned buyers in opposition to holding money as a long-term technique, citing the danger of great buying energy erosion as a consequence of inflation. He suggested in opposition to investing in money, stating that whilst you could not lose any cash, your cash may lose most of its buying energy.

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Michael Saylor’s Proposal to Microsoft

MicroStrategy’s Michael Saylor reached out to Microsoft Corp. CEO Satya Nadella with a proposal to assist with the corporate’s Bitcoin technique. Saylor recommended that if Nadella is interested by creating the following trillion-dollar alternative, he ought to get in contact.

Learn the total article right here.

Jamie Dimon’s Bitcoin Skepticism

JPMorgan Chase & Co. CEO Jamie Dimon continued to precise his skepticism in the direction of Bitcoin, questioning its laborious cap of 21 million. On the Institute of Worldwide Finance occasion, Dimon challenged the viewers, asking how they are often certain of the cap.

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Picture courtesy: Shutterstock

This story was generated utilizing Benzinga Neuro and edited by Anan Ashraf.