May 4: Markets nervous, MicroStrategy's grim results, NFT sales 'flatlining,' Elon Musk 'steals' Bored Ape picture
About this episode
On today's CoinMarketRecap with Connor Sephton, the markets nervously await news as the U.S. Federal Reserve prepares for the fastest interest rate hike in decades — and MicroStrategy suffers a painful impairment loss on its Bitcoin investment in the first quarter of 2022. Also today, The Wall Street Journal says NFT sales are "flatlining" — but is this completely true? Plus, Elon Musk causes a stir after criticizing NFTs, stealing a Bored Ape picture, and suggesting some users may have to start paying for Twitter. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.
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