Weekly market update / outlook and weekly Bitcoin news:
Sternlicht: "Economy is going to implode"
Ackman: "I fear we are heading for a train wreck"
Gundlach: Fed will cut rates substantially soon
Draper: 2 payrolls' cash in Bitcoin
Treasury Financial Stability Oversight Council held unscheduled, closed meeting
Fed on Custodia Bank denial of application for full reserve bank
How will Bitcoin adapt to banking uncertainty?
US Government top Bitcoin holder with $5.6B
Check out this week's blog post "Orange Pilling Your Parents, it's not as easy as it sounds"
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://news.bitcoin.com/billionaire-barry-sternlicht-warns-of-hard-landing-says-economy-is-going-to-implode/
https://news.bitcoin.com/billionaire-bill-ackman-on-us-banking-crisis-i-fear-we-are-heading-for-a-train-wreck/
https://news.bitcoin.com/billionaire-bond-king-jeffrey-gundlach-predicts-the-fed-will-cut-rates-substantially-soon/
https://cointelegraph.com/news/businesses-should-hold-two-payrolls-worth-of-cash-in-crypto-tim-draper
https://cointelegraph.com/news/us-treasury-s-financial-stability-oversight-council-held-unscheduled-closed-meeting
https://www.coindesk.com/policy/2023/03/24/federal-reserve-says-custodias-crypto-focused-business-model-is-inconsistent-with-approval/
https://bitcoinmagazine.com/culture/how-bitcoin-adapts-to-bank-failure
https://news.bitcoin.com/us-government-remains-a-top-bitcoin-holder-with-seized-stash-valued-at-5-6-billion/
https://bitcoinfortress.substack.com/p/orange-pilling-your-parents