Schiff Says US Inflation Decline ‘Only Temporary,’ Mark Cuban Sued, JPMorgan CEO on Recession, Axie Infinity Update — Bitcoin.com News Week in Review – The Weekly Bitcoin News
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Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the USA economic system is nothing to get too enthusiastic about, as Shark Tank star billionaire Mark Cuban is going through a category motion lawsuit for allegedly selling a “massive Ponzi scheme.” In different information, JPMorgan CEO Jamie Dimon thinks “something worse” than a recession could possibly be coming, and standard play-to-earn (P2E) blockchain sport Axie Infinity hits $4B in gross sales and publicizes the elimination of SLP rewards from traditional mode. That is the Bitcoin.com News Week in Review.
Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects A lot Bigger Issues Than 2008 ‘When the Defaults Start’
The economist and gold bug Peter Schiff normally has quite a bit to say, and this previous week Schiff defined throughout an interview that he believes the U.S. will face a monetary disaster worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has much more debt than it did again then, and insists America’s financial downturn “is going to be a much bigger crisis when the defaults start.”
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Billionaire Mark Cuban Sued for Allegedly Selling a Large Crypto ‘Ponzi Scheme’
Shark Tank star and the proprietor of the NBA group Dallas Mavericks, Mark Cuban, is going through a category motion lawsuit for selling Voyager Digital’s crypto merchandise. The plaintiffs declare that Voyager was “a massive Ponzi scheme” and Cuban “duped millions of Americans into investing.”
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JPMorgan Boss Jamie Dimon Warns ‘Something Worse’ Than a Recession Might Be Coming
JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economic system, together with an opportunity of “something worse” than a recession. “There are storm clouds,” the manager stated, citing rates of interest, QT, oil, Ukraine, battle, and China.
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Axie Infinity Surpasses $4 Billion in All-Time Gross sales, Workforce Removes SLP Rewards From Basic Recreation Mode
After recording greater than $4 billion in all-time gross sales, Axie Infinity introduced the sport’s traditional mode will not permit customers to acquire easy love potion (SLP), as SLP rewards have been added to the brand new Origin ranked gameplay mode. The group additionally launched non-fungible token (NFT) runes and charms that may be minted on the Ronin community by means of {the marketplace}.
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Tags on this story
axie infinity, blockchain video games, financial collapse, inflation, Jamie Dimon, jpmorgan, Mark Cuban lawsuit, Peter Schiff, play-to-earn (P2E), Ponzi Scheme, Recession, U.S. economic system, Voyager Digital
What are your ideas on this week’s tales? Will inflation within the U.S. and globally ease quickly, or is the worst but to come back? Make sure you tell us within the feedback part beneath.
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