Crypto rises on Fed hike; Three Arrows insolvency considerations

Welcome to The Day by day Forkast – June 16, 2022 – offered by Megha Chaddah.

Developing on at this time’s present:

Crypto market reacts positively to Fed’s largest hike since 1994, however long term considerations stay.

In the meantime, Singapore-founded Three Arrows Capital in sizzling water over liquidation points. 

And additional to yesterday’s developments, crypto change Coinbase lays out plans for improvement in India regardless of world job cuts.

And eventually, Yahoo and Meta to make use of Hong Kong as metaverse check mattress.

We’ll have extra on these tales — and different information shaping the cryptocurrency and blockchain world — on this episode of The Day by day Forkast June 16.