Goldman Sachs' CEO has issued a warning regarding the U.S. federal debt, which has reached $38 trillion. The CEO emphasized the potential for a fiscal crisis if economic growth does not keep pace, suggesting investments in AI and infrastructure as solutions.
In the cryptocurrency sector, Bitwise has launched a Solana ETF, amassing $420 million in assets despite lacking SEC approval. This move highlights growing interest in Solana-based investments.
Meanwhile, in the UK, a court has sentenced an individual to over 11 years in prison for a Bitcoin fraud case involving 61,000 BTC, underscoring the legal risks associated with cryptocurrency fraud.
Goldman Sachs Warns on U.S. Debt, Bitwise Launches Solana ETF, UK Bitcoin Fraud Sentencing
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