🐋 Crypto Plunged After Fed Rate Increase News – Tametheark Live Dogecoin Charts, Indicators 🚀🚀

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Reuters:
A half-point interest rate increase “will be on the table” when the Federal Reserve meets on May 3-4 to approve the next in what are expected to be a series of rate increases this year, Fed Chair Jerome Powell said Thursday in comments that pointed to an aggressive set of Fed actions ahead.
Yahoo Finance:
Stock market news live updates: Stocks plunge to mark another losing week as investors brace for more aggressive Fed tightening
he S&P 500 plunged 2.8%, marking its second-worst day of the year, while the Dow Jones Industrial Average wiped out 980 points in its worst day since October 2020. The tech-heavy Nasdaq Composite tumbled 2.6%. Meanwhile, the 10-year U.S. Treasury yield remained at 2.9%, the highest level since December 2018.
When the stock market underperforms you may see less liquidity in the crypto market and decreased trading volume. Bitcoin hit as low at $38536 on the last 4-hour candle:
Forbes: Massive 2022 ‘All-Time High’ Bitcoin Price Prediction Comes With A Serious Ethereum, BNB, XRP, Solana, Cardano, Luna And Avalanche Warning
Now, a panel of cryptocurrency experts has predicted the bitcoin price will peak at almost $82,000 in 2022 before dropping to just above $65,000 by the end of the year—but warned a more advanced blockchain such as ethereum, BNB, XRP, solana, cardano, luna or avalanche could eventually eclipse bitcoin.
Ripple: The court case resolution would come in 2023, ergo, inflicting more pain to XRP holders. Around ‘$15 billion in XRP market cap destroyed the day the suit got filed, hurting the very people the SEC purports to protect.’
CNBC:
Netflix is finally going after password sharing. Here’s how it’s likely to work
Yahoo Finance: Netflix has seen a 67.8% crash in daily page views per million in the last six months, according to data from researcher Thinknum.

Yahoo Finance: Following 4Q21’s debacle, Meta (FB) investors will be praying to the market gods there will be no repeat when the social media giant reports 1Q22 earnings after the close next Wednesday, April 27.

Recall, the stock shed 26% following the Q4 calamity, erasing around $250 billion of value in a single session after the company warned Apple’s iOS privacy changes and rising competition would impact Q1 with revenue growth anticipated to slow down.

It is exactly those twin aliments which have JMP’s Andrew Boone heeding caution ahead of the print.
Yahoo Finance: Bed Bath & Beyond baby store chain attracts buyer interest
All right, nothing like some breaking bed and bath news. Bed Bath Beyond’s Buy Buy BABY reportedly receiving takeover interest, according to the Wall Street Journal. This news comes after activist investors have pressured the struggling retailer to offload the baby business. The report lists private equity firm Cerberus Capital Management and Tailwind Acquisition Corp. as potential buyers. We’ll stay on this and update you as that news comes.

Yahoo Finance: Melvin Capital to shrink after GameStop losses -source
(Reuters) – Melvin Capital Management is planning to shrink to $5 billion from the $8.7 billion it managed at the end of March, aiming to become more nimble to seek better returns, said a source familiar with the matter.

Melvin, which lost nearly $7 billion early last year by betting on stocks like GameStop would tumble, is targeting a size of between $4.5 billion-$5 billion and told investors that its maximum total assets under management should remain between $6.5 billion and $7 billion until June 2027, when this threshold could be changed, the source said.

To remain within this limit, Melvin intends to return capital to investors every time it reaches $7 billion for more than 90 consecutive days, according to the source who did not want to be identified because the discussions are private.

Gabe Plotkin, the founder of Melvin, had been betting since 2014 that GameStop shares would tumble as the world shifts away from the brick-and-mortar video retailer’s offerings.
Ryan Cohen Tweeted HOLA which could relate to May 5th and possible news of Gamestop stock split. Keep in mind Bed Bath and Beyond is seeking to grow in value as well.

But retail investors banded together to support GameStop, sending it surging more than 2,500% in January 2021. By the end of the month, Plotkin had closed the short position on the so-called meme stock, but the hedge fund lost 39% last year.

Fox News: Elon Musk confirms he turned down Bill Gates on climate change collaboration over shorting Tesla

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