Last week was a busy one with a flurry of news from the world of finance and cryptocurrencies. The stories were varied and impactful, from bold predictions about the presidential election and the future of digital assets to investment warnings and interesting suggestions. Here’s a quick summary of the top headline-grabbing articles.
Nate Silver’s presidential election predictions
Former FiveThirtyEight editor-in-chief Nate Silver stirred the pot with contrasting interpretations of the presidential election. In an op-ed, he suggested that both Vice President Kamala Harris and former President Donald Trump could outperform their current polling numbers. Silver’s “guts” lean toward Trump’s victory, but he also believes Harris could surprise many by carrying key battleground states.
Read the full article here.
Anthony Scaramucci’s Cryptocurrency Predictions
With a crypto-friendly Congress on the horizon, Anthony Scaramucci predicts significant policy changes that could shape the digital asset industry. In an exclusive interview with Benzinga, he discussed potential regulatory changes, including the possibility of established protocols being classified as “decentralized products.” This could reduce legal risks and increase market transparency, he said.
Read the full article here.
SEE ALSO: BlackRock acquisition boosts MicroStrategy, but Peter Schiff predicts a crash ahead
Peter Schiff’s investment warning
Economist Peter Schiff has warned investors against holding cash as a long-term strategy, citing the risk of a significant decline in purchasing power due to inflation. He advised against investing in cash, saying that while you may not lose your money, you could lose most of your money’s purchasing power.
Read the full article here.
Michael Saylor’s proposal to Microsoft
MicroStrategy’s Michael Saylor contacted Microsoft Corp. CEO Satya Nadella with a proposal to support the company’s Bitcoin strategy. Saylor suggested Nadella should reach out if he’s interested in creating the next multitrillion-dollar opportunity.
Read the full article here.
Jamie Dimon’s Bitcoin Skepticism
JPMorgan Chase CEO Jamie Dimon continued to express skepticism towards Bitcoin, questioning the 21 million hard cap. At an International Finance Association event, Mr. Dimon asked the audience how they could be sure of the cap.
Read the full article here.
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This story was generated using Benzinga Neuro and edited by Anan Ashraf.
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