TERRA CRASH WAS PLANNED!! (Can BITCOIN Survive MORE INFLATION?)
In your nightly crypto news wrap up, we bring you the top crypto stories. The internet enters conspiracy mode as LUNA goes into freefall below a dollar, April’s CPI puts up a 40-year all-time high, and the SEC’s chair, dirty Gary Gensler, accuses crypto exchanges of trading against their users.
What We Discuss:
0:00 Intro
0:22 Janet Yellen on LUNA
0:48 LUNA Price Plummets
2:06 Frankie Candles Market Watch
3:27 April’s CPI
4:26 Gary Gensler
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SOURCES:
https://cryptoslate.com/rumors-run-riot-as-ust-collapses-amid-yellen-report-on-stablecoins/
https://www.bls.gov/news.release/cpi.nr0.htm
https://www.cnbc.com/2022/05/11/cpi-april-2022.html
https://www.cnn.com/2022/05/10/politics/house-vote-ukraine-aid-bill/index.html
https://fortune.com/2022/05/11/sec-chair-gensler-slams-crypto-exchanges-trading-against-customers-stablecoins/
SEC chief accuses crypto exchanges of trading against clients
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