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Musk puts Twitter on hold, the Fed looks at 50 and crypto looks unstable.

Elon Musk's purchase of Twitter is temporarily on hold "pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” the billionaire said in a tweet. Earlier Musk said Twitter should verify real users and “prioritize” replies from them over accounts that are not authenticated. Musk said in a statement announcing his $44 billion deal to buy Twitter last month that he wants to defeat spam bots, authenticate all humans and make its algorithms open source. Twitter shares slumped ahead of the U.S. market open while Tesla rose.