US Recession About To ‘Make Landfall’ As Economic Growth Slows Sharply: Economist Steve Hanke

View this email in your browser The best of crypto news, prepared fresh and hot every day. Whale Moves Over $504,000,000 in Ethereum in One Massive Transfer A huge crypto whale unloaded nearly $505 million worth of Ethereum (ETH) to Binance in a single transfer on Monday. Blockchain tracker Whale Alert first noted the transaction, which only cost about 0.00183 ETH (worth roughly $3.38) Read more Standard Chartered Analyst: BTC to Surge by $20,000 if the US Defaults on Debt Obligations Geoff Kendrick, the head of forex research at the banking institution Standard Chartered, recently said that the price of bitcoin is likely to jump by $20,000 in the event of the United States defaulting on its obligations. According to Kendrick, while bitcoin is likely to surge when the U.S. defaults, other cryptocurrencies like ethereum are likely to go down. Read more Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits Frenzied trading activity has pushed the newly-launched pepe token (PEPE) to garner trading volumes higher than those of dogecoin (DOGE) and shiba inu (SHIB) – which are otherwise the biggest memecoins by trading volumes. Read more TON Foundation Partners With Chainalysis For Blockchain Security The TON Foundation, dedicated to the advancement of The Open Network (TON), has partnered with Chainalysis to utilize its Crypto Incident Response Service, ensuring round-the-clock support for swift fund recovery in case of hacks or exploits. Read more US Recession About To 'Make Landfall' As Economic Growth Slows Sharply: Economist Steve Hanke A widely followed economist says a recession is about to hit the US following a weak first quarter performance. Steve Hanke tells his 628,600 Twitter followers that the country's economic growth significantly slowed down in Q1 of 2023. Read more

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