Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari

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Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari

MarketWatch2021-08-18

Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market. The central banker said he doesn't see any use case for bitcoin , the world's ...

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Comment（28）

Winstonlou
·2021-08-18
Like and comment
Reply
Like
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IZLIN
·2021-08-18
@Sagi08 @simplydkam @Meow17[Surprised] [Surprised]
Reply
1
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Huatkor
·2021-08-18
Agree.
Reply
1
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- Aerith:
  wrong
  2021-08-18
  Reply
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Troedas
·2021-08-18
Cool
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1
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nickname223
·2021-08-18
Oh
Reply
3
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- Troedas:
  yeah
  2021-08-18
  Reply
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userTesting
·2021-08-18
Ol
Reply
3
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- userTesting:
  Ok
  2021-08-18
  Reply
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CZZZ
·2021-08-18
Ok
Reply
4
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MonaMaMa
·2021-08-18
Neil has pretty good sense of market when he was at pimco
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7
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Bonds
·2021-08-18
Oh really huh
Reply
2
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Hilaryteowj
·2021-08-18
Very volatile
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5
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天财寻者
·2021-08-18
Sounds like printing money is OK. But crypto (digital money) is not.TBH it's all about willing buyer willing seller. Placing a value which someone willing to buy. Disclaimer: I don't own any crypto. Neither am I against.
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- 手可摘棉花:
  Yep its all about demand and supply
  2021-08-18
  Reply
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GreenMan123
·2021-08-18
Unregulated currency.. risk on country financial stability!!
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6
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- Tbun:
  ok
  2021-08-18
  Reply
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tig2021
·2021-08-18
Agree
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- NARCS:
  [Surprised]
  2021-08-18
  Reply
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jhno774
·2021-08-18
Yes
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Jack in the Stock
·2021-08-18
That’s because they hv been paid by the big banks to say that.
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1
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sfleong1
·2021-08-18
Like n comment
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2
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- Kevin92:
  Like and comment
  2021-08-18
  Reply
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- NARCS:
  Exchange?
  2021-08-18
  Reply
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Btfan
·2021-08-18
Ok
Reply
2
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- SilverSoul:
  HFSP
  2021-08-18
  Reply
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JASLIM
·2021-08-18
Ok
Reply
5
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- JASLIM:
  lol
  2021-08-18
  Reply
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NP_YT
·2021-08-18
Maybe!!
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- BlueHi5:
  Donef
  2021-08-18
  Reply
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Linda1127
·2021-08-18
?
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3
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- SP1980:
  hahaha
  2021-08-18
  Reply
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Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833221428,"gmtCreate":1629246118564,"gmtModify":1676529976448,"author":{"id":"3581848609787274","authorId":"3581848609787274","name":"IZLIN","avatar":"https://static.tigerbbs.com/f2241963762942310c858a3aae49c0d1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581848609787274","authorIdStr":"3581848609787274"},"htmlText":"<a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a>[Surprised]&nbsp;[Surprised]&nbsp;","listText":"<a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a>[Surprised]&nbsp;[Surprised]&nbsp;","text":"@Sagi08@simplydkam@Meow17[Surprised] [Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833221428","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833267067,"gmtCreate":1629245955159,"gmtModify":1676529976088,"author":{"id":"3581919183376534","authorId":"3581919183376534","name":"Huatkor","avatar":"https://static.tigerbbs.com/6f3897aace055b5fa9f58089c1e880d8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581919183376534","authorIdStr":"3581919183376534"},"htmlText":"Agree.&nbsp;","listText":"Agree.&nbsp;","text":"Agree.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833267067","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561630,"gmtCreate":1629245984741,"gmtModify":1663232529246,"authorId":3561540005163196,"author":{"id":3561540005163196,"idStr":"3561540005163196","authorId":3561540005163196,"name":"Aerith","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833267067,"type":1,"supId":0,"prevId":0,"content":"wrong","text":"wrong","html":"wrong"}],"langContent":"EN"},{"id":833261317,"gmtCreate":1629245711639,"gmtModify":1676529975957,"author":{"id":"3559088164596385","authorId":"3559088164596385","name":"Troedas","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3559088164596385","authorIdStr":"3559088164596385"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833261317","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833286752,"gmtCreate":1629245365776,"gmtModify":1676529975794,"author":{"id":"3581719514650082","authorId":"3581719514650082","name":"nickname223","avatar":"https://static.tigerbbs.com/3c9d3ce9ebd1f38f8f9c780ce1096cdd","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581719514650082","authorIdStr":"3581719514650082"},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833286752","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561557,"gmtCreate":1629245722560,"gmtModify":1663232529146,"authorId":3559088164596385,"author":{"id":3559088164596385,"idStr":"3559088164596385","authorId":3559088164596385,"name":"Troedas","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833286752,"type":1,"supId":0,"prevId":0,"content":"<u>yeah</u>","text":"<u>yeah</u>","html":"<u>yeah</u>"}],"langContent":"EN"},{"id":833283679,"gmtCreate":1629245226091,"gmtModify":1676529975737,"author":{"id":"4088669104286650","authorId":"4088669104286650","name":"userTesting","avatar":"https://static.tigerbbs.com/3b24fe7742aefda3019ec9856567b065","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088669104286650","authorIdStr":"4088669104286650"},"htmlText":"Ol","listText":"Ol","text":"Ol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833283679","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561450,"gmtCreate":1629245242345,"gmtModify":1663232529241,"authorId":4088669104286650,"author":{"id":4088669104286650,"idStr":"4088669104286650","authorId":4088669104286650,"name":"userTesting","avatar":"https://static.tigerbbs.com/3b24fe7742aefda3019ec9856567b065","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833283679,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":833217777,"gmtCreate":1629245129399,"gmtModify":1676529975679,"author":{"id":"3557771988371061","authorId":"3557771988371061","name":"CZZZ","avatar":"https://static.tigerbbs.com/82ceb88cfbcdec3fd58e2b516b00eaa5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3557771988371061","authorIdStr":"3557771988371061"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833217777","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833214499,"gmtCreate":1629245034211,"gmtModify":1676529975671,"author":{"id":"3574563425538377","authorId":"3574563425538377","name":"MonaMaMa","avatar":"https://static.tigerbbs.com/a0368c85249a7a2f30679720235bb7a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574563425538377","authorIdStr":"3574563425538377"},"htmlText":"Neil has pretty good sense of market when he was at pimco","listText":"Neil has pretty good sense of market when he was at pimco","text":"Neil has pretty good sense of market when he was at pimco","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833214499","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833216733,"gmtCreate":1629244914122,"gmtModify":1676529975593,"author":{"id":"3582366643541036","authorId":"3582366643541036","name":"Bonds","avatar":"https://static.tigerbbs.com/7927febac32666ca13d21b532f0ff6f6","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582366643541036","authorIdStr":"3582366643541036"},"htmlText":"Oh really huh&nbsp;","listText":"Oh really huh&nbsp;","text":"Oh really huh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833216733","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833213411,"gmtCreate":1629244757633,"gmtModify":1676529975525,"author":{"id":"3579605184200794","authorId":"3579605184200794","name":"Hilaryteowj","avatar":"https://static.tigerbbs.com/bde9e1d8bb1793e281fca7c37e2f504c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579605184200794","authorIdStr":"3579605184200794"},"htmlText":"Very volatile","listText":"Very volatile","text":"Very volatile","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833213411","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833213507,"gmtCreate":1629244756009,"gmtModify":1676529975517,"author":{"id":"3582251507094110","authorId":"3582251507094110","name":"天财寻者","avatar":"https://static.tigerbbs.com/0a116dd3fd41662cd330b47aee6b7082","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3582251507094110","authorIdStr":"3582251507094110"},"htmlText":"Sounds like printing money is OK. But crypto (digital money) is not.TBH it's all about willing buyer willing seller. Placing a value which someone willing to buy.&nbsp;Disclaimer: I don't own any crypto. Neither am I against.&nbsp;","listText":"Sounds like printing money is OK. But crypto (digital money) is not.TBH it's all about willing buyer willing seller. Placing a value which someone willing to buy.&nbsp;Disclaimer: I don't own any crypto. Neither am I against.&nbsp;","text":"Sounds like printing money is OK. But crypto (digital money) is not.TBH it's all about willing buyer willing seller. Placing a value which someone willing to buy. Disclaimer: I don't own any crypto. Neither am I against.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833213507","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561551,"gmtCreate":1629245701169,"gmtModify":1663232530346,"authorId":3579342217954724,"author":{"id":3579342217954724,"idStr":"3579342217954724","authorId":3579342217954724,"name":"手可摘棉花","avatar":"https://static.tigerbbs.com/eb5d81ca4420febc27175fcd21eb90b2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833213507,"type":1,"supId":0,"prevId":0,"content":"Yep its all about demand and supply","text":"Yep its all about demand and supply","html":"Yep its all about demand and supply"}],"langContent":"EN"},{"id":833210481,"gmtCreate":1629244656843,"gmtModify":1676529975483,"author":{"id":"4087728163353730","authorId":"4087728163353730","name":"GreenMan123","avatar":"https://static.tigerbbs.com/7102402af7cf840858ba718620b4eb3c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4087728163353730","authorIdStr":"4087728163353730"},"htmlText":"Unregulated currency.. risk on country financial stability!!&nbsp;","listText":"Unregulated currency.. risk on country financial stability!!&nbsp;","text":"Unregulated currency.. risk on country financial stability!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833210481","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561422,"gmtCreate":1629245121420,"gmtModify":1663232529452,"authorId":3570852434754937,"author":{"id":3570852434754937,"idStr":"3570852434754937","authorId":3570852434754937,"name":"Tbun","avatar":"https://community-static.tradeup.com/news/63e67729da4933c107a878402f4fce2c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.69%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833210481,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":833237865,"gmtCreate":1629244605457,"gmtModify":1676529975443,"author":{"id":"3587008457873110","authorId":"3587008457873110","name":"tig2021","avatar":"https://static.tigerbbs.com/86558e2c1be0fae967630b306994ef5a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3587008457873110","authorIdStr":"3587008457873110"},"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833237865","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561287,"gmtCreate":1629244613063,"gmtModify":1663232529642,"authorId":3568505541532942,"author":{"id":3568505541532942,"idStr":"3568505541532942","authorId":3568505541532942,"name":"NARCS","avatar":"https://static.tigerbbs.com/fbfbc9ae9155d076f1a3c969fa4228ab","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833237865,"type":1,"supId":0,"prevId":0,"content":" [Surprised]","text":" [Surprised]","html":" [Surprised]"}],"langContent":"EN"},{"id":833235234,"gmtCreate":1629244478728,"gmtModify":1676529975232,"author":{"id":"4091766705369530","authorId":"4091766705369530","name":"jhno774","avatar":"https://static.tigerbbs.com/1327aebace4dabb0bb59c972fe1f3a85","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4091766705369530","authorIdStr":"4091766705369530"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833235234","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833232370,"gmtCreate":1629244380490,"gmtModify":1676529975209,"author":{"id":"3561548364525556","authorId":"3561548364525556","name":"Jack in the Stock","avatar":"https://community-static.tradeup.com/news/ef3c19f727783ca8030d5aab5b19df10","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3561548364525556","authorIdStr":"3561548364525556"},"htmlText":"That’s because they hv been paid by the big banks to say that.&nbsp;","listText":"That’s because they hv been paid by the big banks to say that.&nbsp;","text":"That’s because they hv been paid by the big banks to say that.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833232370","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833236523,"gmtCreate":1629244353362,"gmtModify":1676529975183,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/833236523","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561244,"gmtCreate":1629244423370,"gmtModify":1663232530348,"authorId":3576274545052910,"author":{"id":3576274545052910,"idStr":"3576274545052910","authorId":3576274545052910,"name":"Kevin92","avatar":"https://static.tigerbbs.com/c5ff4addbbdb8d9d15fec29f9709b0c3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833236523,"type":1,"supId":0,"prevId":0,"content":"Like and comment","text":"Like and comment","html":"Like and comment"},{"id":5561306,"gmtCreate":1629244694925,"gmtModify":1663232528654,"authorId":3568505541532942,"author":{"id":3568505541532942,"idStr":"3568505541532942","authorId":3568505541532942,"name":"NARCS","avatar":"https://static.tigerbbs.com/fbfbc9ae9155d076f1a3c969fa4228ab","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833236523,"type":1,"supId":0,"prevId":0,"content":"Exchange?","text":"Exchange?","html":"Exchange?"}],"langContent":"EN"},{"id":833231536,"gmtCreate":1629244267225,"gmtModify":1676529975142,"author":{"id":"3584159414301653","authorId":"3584159414301653","name":"Btfan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584159414301653","authorIdStr":"3584159414301653"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833231536","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561239,"gmtCreate":1629244406103,"gmtModify":1663232528653,"authorId":3563403277012456,"author":{"id":3563403277012456,"idStr":"3563403277012456","authorId":3563403277012456,"name":"SilverSoul","avatar":"https://static.tigerbbs.com/692e9e2f198854f2b357459085e07d4f","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.10","exceedPercentage":"93.18%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833231536,"type":1,"supId":0,"prevId":0,"content":"HFSP","text":"HFSP","html":"HFSP"}],"langContent":"EN"},{"id":833233410,"gmtCreate":1629244235030,"gmtModify":1676529975117,"author":{"id":"3569395672897883","authorId":"3569395672897883","name":"JASLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569395672897883","authorIdStr":"3569395672897883"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833233410","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561198,"gmtCreate":1629244273371,"gmtModify":1663232528833,"authorId":3569395672897883,"author":{"id":3569395672897883,"idStr":"3569395672897883","authorId":3569395672897883,"name":"JASLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833233410,"type":1,"supId":0,"prevId":0,"content":"lol","text":"lol","html":"lol"}],"langContent":"EN"},{"id":833233811,"gmtCreate":1629244210933,"gmtModify":1676529975109,"author":{"id":"3572043809285615","authorId":"3572043809285615","name":"NP_YT","avatar":"https://static.itradeup.com/news/fad9f70abb174e3e09e4caf3f9c0c13a","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3572043809285615","authorIdStr":"3572043809285615"},"htmlText":"Maybe!!","listText":"Maybe!!","text":"Maybe!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833233811","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561261,"gmtCreate":1629244465322,"gmtModify":1663232530633,"authorId":3583641915640836,"author":{"id":3583641915640836,"idStr":"3583641915640836","authorId":3583641915640836,"name":"BlueHi5","avatar":"https://static.tigerbbs.com/671977f31bd2446b8dbd85361aab6883","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833233811,"type":1,"supId":0,"prevId":0,"content":"Donef","text":"Donef","html":"Donef"}],"langContent":"EN"},{"id":833239953,"gmtCreate":1629244175772,"gmtModify":1676529975086,"author":{"id":"4091084014142520","authorId":"4091084014142520","name":"Linda1127","avatar":"https://community-static.tradeup.com/news/e698ee2dfbe4632bdd606a5fcfe89d5e","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"4091084014142520","authorIdStr":"4091084014142520"},"htmlText":"?&nbsp;","listText":"?&nbsp;","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833239953","repostId":2160978315,"repostType":4,"repost":{"id":"2160978315","kind":"highlight","pubTimestamp":1629243603,"share":"https://ttm.financial/m/news/2160978315?lang=&edition=fundamental","pubTime":"2021-08-18 07:40","market":"us","language":"en","title":"Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari","url":"https://stock-news.laohu8.com/highlight/detail?id=2160978315","media":"MarketWatch","summary":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent ","content":"<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.</p>\n<p>The central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.</p>\n<p>\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.</p>\n<p>Bitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.</p>\n<p>Crypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.</p>\n<p>Kashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.</p>\n<p>The Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.</p>\n<p>On Tuesday , the Dow Jones Industrial Average and the S&amp;P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.</p>\n<p>For his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.</p>\n<p>In July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto is '95% fraud, hype, noise and confusion,' says Fed's Neel Kashkari\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160978315","content_text":"Minneapolis Federal Reserve President Neel Kashkari on Tuesday had some harsh words for the nascent crypto asset market.\nThe central banker said he doesn't see any use case for bitcoin , the world's No. 1 crypto, and referred to the broader digital-asset sector as one that is largely tied to fraud and hype.\n\"Cryptocurrency is 95% fraud, hype, noise and confusion,\" Kashkari said, speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky, Mont.\nBitcoin prices were at $44,993, down 2.4% on CoinDesk on Tuesday. Meanwhile, Ether on the Ethereum blockchain was changing hands at $3,069, off 3%, while meme coin dogecoin was trading at around 30 cents, down 5.1%.\nCrypto has gained traction among institutional investors in 2021 but is still viewed as a speculative and highly risky trade compared with traditional markets.\nKashkari also offered some of his views on monetary policy plans, noting that he still sees a \"a lot of slack\" in the U.S. labor market, and suggesting that he might need a couple of more strong jobs reports before he is inclined to support a push to scale back the central bank's monthly purchases of $120 billion in Treasurys and mortgage-backed securities.\nThe Minneapolis Fed president's comments come amid growing talk about the timing of pulling back the Fed's COVID-era accommodations and eventually raising interest rates as the economy attempts a recovery from the pandemic.\nOn Tuesday , the Dow Jones Industrial Average and the S&P 500 index snapped five-session win streaks, with some blaming the day's declines at least partly on growing concerns about a rollback of easy-money policies.\nFor his part, Kashkari said that it would be reasonable to start reducing bond-buying by the end of 2021, if the job market cooperates.\nIn July, the U.S. created a robust 943,000 jobs , in what some viewed as a sign that the economic recovery was gaining some steam, despite the latest assault from the delta variant of COVID-19.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5561172,"gmtCreate":1629244200776,"gmtModify":1663232529233,"authorId":3573379860144244,"author":{"id":3573379860144244,"idStr":"3573379860144244","authorId":3573379860144244,"name":"SP1980","avatar":"https://static.tigerbbs.com/101a00da82e124351de89d6d885f76b9","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833239953,"type":1,"supId":0,"prevId":0,"content":"hahaha","text":"hahaha","html":"hahaha"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":105,"commentSize":28,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}