JPMorgan strategist Marko Kolanovic worries that stagflation will hit the US again. Unlike the expert, Wall Street generally believes that the world's largest economy will have a soft landing. Mr. Kolanovic is currently JPMorgan's chief strategist, Bloomberg reported. He attracted investors' attention when he made gloomy comments about the US stock market amid a sharp increase in stock prices last year.
Tron Founder Denies Claims Of Limited HTX Usage Amidst Criticism
Cryptocurrency investor and Tron (TRX) network founder, Justin Sun, has disclosed the extent of his engagement with HTX, the Beijing-based exchange that ranks as the fifth-largest cryptocurrency exchange globally. This comes amid community speculation regarding Sun's limited utilization of the platform.
The founder of Tron, Justin Sun, addressed concerns within the crypto community regarding his level of activity on the HTX exchange via a post on the social media platform X (formerly Twitter) on Tuesday.
Responding to criticism, Sun highlighted his personal holdings on HTX, refuting claims that he was not utilizing the platform extensively. He shared a screenshot of his holdings, revealing a substantial amount of Bitcoin totaling 28,613 BTC valued at over $1.6 billion.
Sun emphasized that he is an active user of various crypto exchanges, including HTX, contrary to speculation suggesting otherwise. He stated that his usage of HTX is similar to that of any other user, engaging in trading and believing in the platform's capabilities.
However, Sun's assertion has sparked skepticism within the community, with some questioning the validity of his claims. Adam Cochran, an industry expert, pointed out that Sun's BTC holdings surpass HTX's total holdings of the token, raising doubts about the accuracy of Sun's statement.
Cochran speculated that either HTX lacks genuine users besides Sun, or Sun's claim may not be accurate, suggesting a potential discrepancy between Sun's holdings and the exchange's total assets.
While there is no conclusive evidence to confirm or refute Sun's statement, some individuals have cast doubt on its authenticity, with one pseudonymous X user suggesting the possibility of fabricated data using image editing software like Photoshop.