# Financial Crisis Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Financial Crisis", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

The 'Crisis Helmsman' of Financial Markets Passes Away: Reflecting on Greenspan's Federal Reserve Career

Former Federal Reserve Chairman Alan Greenspan, known as the 'crisis helmsman' of financial markets, has passed away at 100. His nearly 19-year tenure spanned four presidencies, from the 1987 stock market crash to the internet boom. Initially hailed as the 'Maestro' for his crisis management—famously intervening after Black Monday and during the LTCM collapse—his legacy became intertwined with the 2008 financial crisis. His market-friendly philosophy and the "Greenspan Put," an expectation of Fed support during downturns, were praised for fostering stability and growth in the 1990s but later criticized for encouraging excessive risk-taking and contributing to the housing bubble. Greenspan's career encapsulates the central debate of his era: whether markets can self-correct and if central banks should actively deflate asset bubbles. His passing reignites questions about the fine line between stabilizing markets and inadvertently sowing the seeds for the next crisis.

marsbit06/22 13:21

The 'Crisis Helmsman' of Financial Markets Passes Away: Reflecting on Greenspan's Federal Reserve Career

marsbit06/22 13:21

Morgan Stanley Digital Asset Head: Bitcoin Reaching $1M Would Not Be Surprising, But a Real Catalyst Might Require a Crisis That Shatters the Old System

Summary: In a podcast interview, Morgan Stanley's Head of Digital Asset Strategy, Amy Oldenburg, discusses Bitcoin's potential and institutional adoption. She argues Bitcoin's next major surge might require a catalyst—a crisis that shatters the traditional financial system, after which Bitcoin could emerge as the only intact asset. While she sees a $1 million price as possible within five years, she expects slower, more stable growth. Oldenburg traces Bitcoin's logic to her experience in emerging markets, where decentralized mobile money (like M-Pesa) provided critical financial security where traditional banks failed. She notes that early Bitcoin adopters often came from international finance, seeking alternatives to centralized systems. Regarding institutions, she explains that Morgan Stanley, as a bank holding company, faces stricter regulatory hurdles than pure asset managers like BlackRock. While client demand drove their Bitcoin ETP launch (MSBT), which set a firm record, most financial advisors remain hesitant due to Bitcoin's recent price stagnation and volatility. She identifies an education gap as a major barrier, with many advisors and clients not understanding the differences between various crypto assets or between holding spot Bitcoin versus an ETP. Oldenburg also discusses the tension between Bitcoin's cypherpunk, self-custody ethos and the convenience of centralized financial products, acknowledging the value of both approaches. She concludes that the digital asset space is still in its early stages, with a long journey ahead involving more complex products and technologies.

marsbit06/17 04:15

Morgan Stanley Digital Asset Head: Bitcoin Reaching $1M Would Not Be Surprising, But a Real Catalyst Might Require a Crisis That Shatters the Old System

marsbit06/17 04:15

Another Big Scandal in the Crypto World? AI Doomsday Theory... What Are KOLs Talking About?

Based on the provided content, here is an English summary: The article discusses trending topics among crypto KOLs on social media platform X. The main points include: 1. **Crypto "Strict Father" Action:** Speculation about an imminent major regulatory crackdown on insider trading, with a list of targets allegedly locked in and set to be revealed on the 26th. Multiple embedded images suggest this is a major point of discussion. 2. **Bit Mining Company Sells Bitcoin:** The mining company Bitdeer, with a market cap of $1.9 billion, has drawn controversy for selling off its entire Bitcoin holdings. 3. **AI and Financial Crisis Debate:** A significant online debate questions whether AI will trigger a financial crisis by 2028. The discussion includes concerns about AI's current unreliability for critical tasks, its high cost compared to human labor, and its potential to cause massive unemployment and economic disruption. Opinions vary on the likelihood of an extreme crisis versus a scenario of long-term economic stagnation and inequality. Links are provided to read the full discussions. 4. **Private Equity Mogul Comments on Justin Sun:** Well-known Chinese private equity investor Dan Bin made comments about Tron founder Justin Sun. Replies to this note Sun's controversial reputation but acknowledge the foresight of his past investment ideas, and praise Dan Bin for adapting to new market trends like AI. The article is a roundup of community discussions and explicitly states that the content consists of personal opinions and does not constitute investment advice.

比推02/24 00:28

Another Big Scandal in the Crypto World? AI Doomsday Theory... What Are KOLs Talking About?

比推02/24 00:28

Rare Sight: Gold's 30-Day Volatility Surges to 44%, Exceeding Bitcoin and Hitting Highest Level Since 2008

The gold market is experiencing its most extreme price volatility since the 2008 financial crisis, with its 30-day volatility surging to over 44%, surpassing even that of Bitcoin, which stands at around 39%. This marks a significant role reversal, as gold is typically viewed as a more stable safe-haven asset compared to the notoriously volatile cryptocurrency. The surge in gold's volatility follows a record-breaking rally driven by economic uncertainty, geopolitical risks, and strong investor inflows, including significant retail participation. However, the rapid ascent was followed by a sharp correction, with spot gold plunging nearly $1,000 in just two trading sessions. Meanwhile, Bitcoin has not benefited from the same factors driving gold's rally. Instead, it fell to a 10-month low, down more than 40% from its October peak. Despite the turbulence in traditional markets, Bitcoin has not seen a rotation of funds from gold, making gold the more volatile asset in the short term. Nevertheless, gold has significantly outperformed Bitcoin over the past 12 months, rising about 66% compared to Bitcoin’s 21% decline.

华尔街日报02/02 11:39

Rare Sight: Gold's 30-Day Volatility Surges to 44%, Exceeding Bitcoin and Hitting Highest Level Since 2008

华尔街日报02/02 11:39

From the 'Babson Break' to AI and Meme Coins: A Global Bubble Driven by FOMO Is Taking Shape

The article draws a parallel between the 1929 "Babson Break" and current warnings about an AI bubble, suggesting a global FOMO-driven speculative mania is forming across multiple asset classes. It highlights concerns over unsustainable valuations in AI tech companies, where massive data center investments (projected near $1.6 trillion annually by 2030) are fueled by hype around unproven AGI capabilities. Beyond AI, bubbles are identified in gold, government bonds, private credit (dubbed "crap loans"), and particularly meme coins like TRUMP and MELANIA, which saw values plummet over 88%. The author argues speculative frenzy is amplified by social media, creating a global "attention economy" where collective obsession—from AI to pop culture trends—drives synchronized global market movements. While tech giants may withstand the AI investment rush, risky leverage by newer players and opaque financing structures (like SPVs buying Nvidia chips) raise systemic concerns. Experts warn that a collapse in AI or crypto could trigger a global crisis, emphasizing that productive eras historically follow only after speculative excesses are disciplined by regulation.

marsbit12/18 13:38

From the 'Babson Break' to AI and Meme Coins: A Global Bubble Driven by FOMO Is Taking Shape