๐ฆ #FED hikes interest rates by 25 basis points to 5% amid concerns over US banking sector stability.
Experts divided on whether this is the last hike or if there will be another in May.
๐ Markets react positively initially but stabilize. Next #FOMC meeting is May 2-3.
Biden Administration's Economic Report Deems Crypto Assets โMostly Speculative Investment Vehiclesโ
The report claiming #Crypto and #DeFi don't offer any fundamental value and poses risks to consumers๐คก
https://t.co/k4426hNRuI
Now in Lugano you can buy from a Big Mac to a house with $BTC and $USDT ๐ฅ
I really think I'll buy a nice lake house when $FTM hits 10$๐
Does anyone want to be my neighbor?๐
MOST TRENDING NEWS ON FANTOM - WEEK 11
We can call this week - Upgrade week & Milestone week because the projects have been and are about to launch new products and versions and at the same time achieve many milestones in the market
A fun week on #Fantom ๐๐ฏ
$FTM
5/ ๐ก๏ธ Investors say Europe's banks had to load up on negative-yielding bonds at the worst time and are now facing major unrealized losses.
#CreditSuisse's troubles are a reminder of the fragility of the banking sector and the need for robust risk management.
๐จ#CreditSuisse collapses and the crisis knocks on Europe's doors.
#CS, one of Switzerland's largest banks, has appealed to the Swiss National Bank for a public show of support after its shares tumbled more than 30%.
1/5 ๐งต๐
4/ ๐ The bank's shares have fallen 39% this year and 85% over the past two years, with its market cap slipping below CHF ($7.6bn).
#CreditSuisse's woes have reignited a broader sell-off in bank stocks in Europe and the US.