Crypto Crashes News Today

coming up next, all the best and worst moments of 2022, a cnn special report "all the best, special report "all the best, all the worst" starts now. -- captions by vitac -- www.vitac.com buckle up, strap in, and brace yourself. this year brought more twists and turns, in and outs, and ups and downs than anyone could have predicted. big news, politics, movies, music, sports, and more. were going through it all with our guest comedian and actress helen hog, deonte stallworth, john berm...

plus — the crypto crash deepens. could it spell disaster for el salvador�*s multi—million dollar gamble on bitcoin? we start in the us — where the federal reserve has announced the biggest rise in borrowing costs in 28 years. the fed raised its key interest rate by three quarters of a percent — and signalled more big increases are on the cards. as our correspondent michelle fleury reports, from washington, its battling to control the worst inflation in four decades. intensify...

days. we are forecasting a0 celsius in paris on saturday, thats very early in the season. it wont be in —— it wont be as hot in the uk is paris. its a brief spell of weather because there is a cold front sinking southwards introducing fresh conditions for all over the weekend but also for some, heavy, thundery downpours. in summary, heres the headline. hot and downpours. in summary, heres the headline. hotand humid downpours. in summary, heres the headline. hot and humid across the...

Worldcoin, the crypto project co-founded by Sam Altman who has been sacked as OpenAI CEO in a dramatic move, saw its token crashing on Saturday.

>> many of the races, really just too close to call at this point. >> a lot of republicans and probably even some democrats were expecting a red wave and that did not come to fruition. >> the democrats, you know, they lost the house of representatives but not by the margin people thought. the democrats didnt lose the senate. >> worst losers, those still insisting there is widespread election fraud, despite no evidence. >> okay, yall need to move on. do you guys need, like, group therapy? >> but ...

Republicans and probably even some democrats were expecting what they call a quote, unquote red wave. and that just did not come to fruition. >> the democrats, you know, they lost the house of representatives but not by the margin people thought. the democrats didnt lose the senate. >> worst losers, those still insisting there is widespread election fraud, despite no evidence. >> okay, yall need to move on. do you guys need, like, group therapy? >> but the fight for true majority power remains d...

But gilberto, like many people we spoke to, rarely uses bitcoin in chivo, preferring the stability of the digital dollar option. and surveys suggest usage of the app is waning and that salvadorans are confused about this technology. theres also a feeling that, if people do accept a worry about the volatility. the price of bitcoin goes up and down so fast, people are scared to accept it. the government has spent at least $200 million encouraging people to use bitcoin through chivo, and president ...

Recent crypto crashes. the government says its confidence in its long—term plan. -- it is —— it is confident. the president is doubling down on bitcoin, planning to build a state—of—the—art city shrine to cryptocurrency. the project is months behind schedule and hasnt yet been paid for. joe tidy, bbc news, in el salvador. finally, hold onto your hats — its ladies day at royal ascot. the prestigious horse racing meeting has become one of the years biggest showcases for the hat indus...