cover of episode May 4: Markets nervous, MicroStrategy's grim results, NFT sales 'flatlining,' Elon Musk 'steals' Bored Ape picture

May 4: Markets nervous, MicroStrategy's grim results, NFT sales 'flatlining,' Elon Musk 'steals' Bored Ape picture

2022/5/4
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Crypto Today

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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.