Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $ 420,000 by the decade’s end. He explained that if 1% of the world’s $ 738 trillion in financial assets were allocated to bitcoin, it would result in $ 7.4 trillion in inflows, raising bitcoin’s price to $ 420,000. Ric …
Over the past decade, the U.S. Securities and Exchange Commission (SEC) has contended with “significant non-compliance” and “creative attempts” by cryptocurrency market participants to avoid its jurisdiction. According to the SEC’s enforcement director, the commission has regularly prevailed in its numerous court cases against these participants. A ‘Decade’s Worth of Arguments’ In the past decade, […]
JPMorgan Chase CEO Jamie Dimon has warned of “the most dangerous time the world has seen in decades.” The executive explained that “the war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships.” Jamie Dimon’s Latest Warnings The chairman and CEO […]