11 min
May 5: Bitcoin rallies as Fed raises rates, Musk could make Twitter 'worse,' luxury brand accepts DOGE and SHIB Crypto Convo
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On today's CoinMarketRecap with Connor Sephton, we find out why Bitcoin surged despite the Federal Reserve increasing its benchmark interest rate by half a percentage point. Plus, Elon Musk raises $7 billion in new financing for his Twitter takeover — including an investment from one of the world's biggest crypto exchanges. We'll find out which high-end fashion brand is going to accept Bitcoin, Dogecoin and Shiba Inu as a payment method. Also today, why a crypto company is taking legal action against a 79-year-old pensioner… and stay tuned for some exciting news about CoinMarketCap. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.
On today's CoinMarketRecap with Connor Sephton, we find out why Bitcoin surged despite the Federal Reserve increasing its benchmark interest rate by half a percentage point. Plus, Elon Musk raises $7 billion in new financing for his Twitter takeover — including an investment from one of the world's biggest crypto exchanges. We'll find out which high-end fashion brand is going to accept Bitcoin, Dogecoin and Shiba Inu as a payment method. Also today, why a crypto company is taking legal action against a 79-year-old pensioner… and stay tuned for some exciting news about CoinMarketCap. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.
11 min