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The UK Chancellor of the Exchequer Jeremy Hunt is optimistic that inflation would ease. UK inflation came in for September at 6.7%, higher than expectations set by analysts. Also, inflation in the UK remained unchanged from August. While inflation remained unaltered, the UK’s headline consumer price index (CPI) met expectations from economists
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Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August. According to figures published by the Labor Department, the prices of goods and services increased quicker than expected in September. The consumer price index (CPI) rose 0.4% in September and 3.7% compared
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The latest read on U.S. inflation Source
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Tesla sales in China fell in September according to an unofficial report from the China Passenger Car Association. Tesla Inc (NASDAQ: TSLA) stock fell nearly 2% on Monday morning after news that the company’s sales crashed in China. According to a China Passenger Car Association (CPCA) report, sales for the giant
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular
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Bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark recorded strong Bitcoin production increases in September, leading to a small boost in share prices on Oct. 4.The firm’s balance sheets also strengthened despite Bitcoin’s price (BTC) recording another month of sideways movement — hovering between the $25,100 and $28,500 mark.Marathon's Bitcoin
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Former Celsius CEO Alex Mashinsky’s trial date has been set for Sept. 17, 2024 in a pre-trial hearing on Oct. 3. The news comes after a former colleague at Celsius Network, Roni Cohen-Pavon, pleaded guilty to fraud charges and agreed to work with prosecutors in the upcoming trial. Upcoming charges of fraud In
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Over 1.2% of the token’s supply was destroyed in line with plans, a co-founder said. Original Source
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The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of mined BTC last month.Bitfarms mined a total of 411 bitcoins in September 2023 up 7.3% from the amount mined in previous month, the company announced in its latest mining updated on Oct. 2.Out
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Q1 witnessed $330 million in losses, while Q2 reported $333 million. In stark contrast, the third quarter already recorded losses of nearly $890 million. September 2023 has proven to be a grim month for the crypto market, with blockchain analytics firm CertiK revealing that it has witnessed a staggering rise in
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