In tonight’s crypto news wrap up, Frankie Candles takes a look at the current happenings in the crypto landscape, including the world’s headfirst dive into the highest inflation in years, Russia swerving around their Swift ban, and Solana potentially fumbling its status as a decentralized protocol.

Inflation hasn’t been this high since 2009, but the government has been spending huge amounts for the past 40 years that is finally catching up to the economy. The FED raised the interest rates by 150 points, and the impact is affecting everyone no matter their income, with a looming recession.

What We Discuss:
0:00 Intro
0:18 Universal Bear Market
2:12 Bitboy Special
2:34 Market watch
3:31 Splinter CELLS
4:35 The End of Solana?

BitBoy Special: https://www.youtube.com/watch?v=gubDnq8jJxI

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

Sources:
https://www.youtube.com/watch?v=U2-9qlwSmm0
https://www.youtube.com/watch?v=gsfX8M2DdJ4
https://www.washingtonpost.com/business/2022/06/19/fed-rates-economy-markets/
https://beincrypto.com/russia-develops-blockchain-system-to-replace-swift/
https://cointelegraph.com/news/solend-invalidates-solana-whale-wallet-takeover-plan-with-second-governance-vote
https://twitter.com/el33th4xor/status/1538538936338890752
https://twitter.com/solendprotocol/status/1538553657158881280?s=20&t=gL7a9q79nlz9kBdM8WbYaA
https://realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5VKxPMnXJUZ1Hn/proposal/HuaL6cDtuNtfnJgvwMnYiZDHVCoLAuDtVFgJD8kYChJ4/explore
https://twitter.com/evan_van_ness/status/1538610017573773318?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1538610017573773318%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fblockworks.co%2Fsolana-lending-protocol-faces-governance-conundrum%2F
https://twitter.com/Black_K168/status/1538725572854984705?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1538725572854984705%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fsolend-invalidates-solana-whale-wallet-takeover-plan-with-second-governance-vote

#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation

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