Craziest Crypto News: SBF, the former FTX CEO, was the second wealthiest crypto person in the month of February this year. As of December, SBF was arrested on 8 different charges and is awaiting trial in the U.S. Overall, it has been a crazy ride for the crypto market this year.
Let’s look at the 9 craziest crypto news that took place in the cryptoverse, in 2022.
The cryptos stumbled to the rising interest rates
To control inflation, the FED has hiked interest rates this year to an extent, which was beyond expectations. They have also indicated to hike rates in the coming year as well. This made the investors withdraw from putting their money into any sort of investment.
As there were hints of raising interest rates in January itself, the crypto market started feeling turbulence. Bitcoin and Ethereum slipped by 19% and 29% respectively in that one month.
Super Bowl LVI’s halftime advertisements were dominated by crypto powerhouses
2021 saw the peak of the crypto world. Thus, the le
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