POWELL Calls For MASS LAY-OFFS (Recession Around The Corner)

In your nightly crypto news wrap-up, we bring you the top crypto stories. Jerome Powell came out with a hawkish statement on inflation as Elon Musk says America is already in a recession; Do Kwon pushes his Terra Revival proposal live even though 92% of the Terra community voted “no”. Aave has opened its decentralized social media company Lens protocol on the Polygon blockchain, and crypto regulation becomes a topic with the G7.

What We Discuss:
0:00 Intro
0:27 Jerome Powell
1:16 Recession
2:03 Terra Revival Proposal
2:45 G7 Regulation
3:18 Lens Protocol

https://www.businessinsider.com/recession-coming-outlook-wall-street-divided-inflation-gas-fed-savings-2022-5#bank-of-america-1
https://www.cnbc.com/2022/05/17/powell-says-the-fed-will-not-hesitate-to-keep-raising-rates-until-inflation-comes-down.html
https://www.coindesk.com/tech/2022/05/18/do-kwon-pushes-on-chain-proposal-live-even-as-92-vote-no-in-online-poll/

Learn more about crypto ➡️ https://bitlabacademy.com
How to join Cardano (ADA) BitPool ➡️ https://bitboycrypto.com/how-to-stake-ada-with-bpool/
➡️ MERCHANDISE: https://www.hitmerch.com/
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Connect with Me & the BitSquad!
Join the BitSquad ➡️ http://t.me/BitSquad
Join BitSquad Traders ➡️ http://t.me/BitSquadTraders
Join Me on Twitter ➡️ https://twitter.com/Bitboy_Crypto
Join Me on Instagram ➡️ https://www.instagram.com/bitboy_crypto
Join Me on TikTok ➡️ https://www.tiktok.com/@RealBitBoyCrypto
Join Me on Minds ➡️ https://www.minds.com/bitboy_crypto
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
ByBit, Market Cipher, Ledger, TokenMetrics, Crypto.com & more!
Find deals on hardware wallets, trading indicators, exchanges & more.
Find Crypto DEALS ➡️ https://bitboycrypto.com/deals
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
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.

#crypto #cryptonews #luna #lunanews #bitcoin #thefed #federalreserve #economy #cpi #inflation #nft