This article from Coindesk discusses the current state of the stock market and the Federal Reserve, and how they are related to Initial Coin Offerings (ICOs). The article notes that the stock market has been volatile due to the economic impact of the COVID-19 pandemic, and the Federal Reserve has been taking measures to support the economy, such as cutting interest rates to near zero and launching various lending facilities. The article also mentions the recent bankruptcy filing of the car rental company Hertz, which led to a significant drop in the value of its stock, causing some to question the overall stability of the stock market.
Money Reimagined: The Fed, Hertz, a Bonkers Stock Market and why ICOs Still Matter