The Fed Goes Down...Literally Bad News For Thursday, Feb 25th

The Fed Goes Down...Literally Bad News For Thursday, Feb 25th

The crypto markets had the anticipated pullbacks this week as we saw Bitcoin drop over $10,000 in the blink of an eye. Are we going back up soon or will the bears take over for a time?

Bitcoin and pizza are in the news once again as delivery driver received a pretty awesome tip. Merchants are looking towards crypto as VISA and Mastercard raise their rates. And the Federal Reserve’s wire and ACH systems went down.  And we don’t mean downtown.  We mean literally. 

Crypto.com is burning 70B of their CRO tokens, Square generates $1.7 billion in crypto revenue, and the NFT world has reached into the physical world as Topps’ Garbage Pail Kids crossover into the retail space.

Here’s a riddle for you. If the Federal Reserve is unable to do their business and none of us pay attention, does anyone really give a crap? Let’s discuss this and more on our bad news episode #490 of The Bad Crypto Podcast. 

Full Show Notes at: http://badco.in/490

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