BF57 - Weekly Bitcoin News - 3/26/23

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