Saturday, May 7, 2022

Crypto market tanks a day after US Federal Reserve raised interest rates

Following the US Federal Reserve meeting statement on Wednesday, the world's largest digital currency by value climbed sharply to challenge the $40K resistance, but has since dropped 9.40 percent to $36,200 levels, the biggest drop in the previous four months.

from Tech-Economic Times https://ift.tt/WVJxrnQ

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...