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The Weekend’s Biggest Stories
Description
The weekend’s biggest stories might have eluded you while you were taking a break from the markets. First, Justin Bieber purchased a Bored Ape Yacht Club NFT for 500 Ethereum—which is about $1.3 million. This comes from reporting that an account believed to be owned by Bieber owns about 100 NFTs and continues to criticize Canada for its COVID-19 vaccine mandate, supporting truckers who are still out protesting new government regulations. Next up, major cryptocurrencies are trading lower due to Lunar New Year holidays in some Asian markets. Also, Robinhood (HOOD@US) is resisting calls to list Shiba Inu. Finally, Goldman Sachs ($GS@US) is predicting an interest rate hike from the Federal Reserve, joining analysts from JP Morgan Chase ($JPM@US) and Deutsche Bank ($DB@Germany) in the belief that there will be 5 rate hikes in 2022 instead of 4. At press time, Goldman Sachs stock was trading at $347, down a fraction of a percent in premarket activity.
Keywords & Tags
#nft
#non-fungible token
#COVID-19
#inflation
#business
#goldman sachs
#Federal Reserve
#Shiba Inu
#economic recovery
#Robinhood
#canada
#Deutsche Bank
#economic growth
#virtual currency
#economic outlook
#Asian markets
#interest rate hike
#Bored Ape Yacht Club
#BAYC
#Weekend’s Biggest Stories
#Justin Bieber
#500 Ethereum
#1.3 million
#100 NFTs
#vaccine mandate
#government regulations
#JP Morgan Chase
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