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Inflation and consumer demand boosted retail spending by almost 1% in April; Investors withdrew over seven billion in USDT, renewing fears of Tether depegging from the dollar; and while Do Kwan submits another proposal to revive the Terra Network, he and Korea’s exchange officials are called into a parliamentary hearing to find out the cause of UST’s depegging, and LUNA’s crash.

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

0:00 Intro
0:31 Inflation
1:36 Tether
2:45 Terra Luna

Links used:
https://www.cnbc.com/2022/05/17/retail-sales-april-2022-up-0point9percent-vs-1point0percent-estimate.html
https://www.cnbc.com/2022/05/17/tether-usdt-redemptions-fuel-fears-about-stablecoins-backing.html
https://www.cnbc.com/2021/02/23/tether-bitfinex-reach-settlement-with-new-york-attorney-general.html
https://twitter.com/paoloardoino/status/1526512388425515009
https://twitter.com/paoloardoino/status/1526514413364297730?ref_src=twsrc%255Etfw%257Ctwcamp%255Etweetembed%257Ctwterm%255E1526514413364297730%257Ctwgr%255E%257Ctwcon%255Es1_&ref_url=https://www.cnbc.com/2022/05/17/tether-usdt-redemptions-fuel-fears-about-stablecoins-backing.html
https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498
https://cointelegraph.com/news/do-kwon-summoned-to-parliamentary-hearing-following-ust-and-luna-crash

#bitcoin #terraluna #crypto #news #nft #economy #money #blockchain #invest #inflation

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