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October CPI Figures released by the Labor Department show that inflation is slowing in the US, even though rate hikes may not be over. The Consumer Price Index (CPI) remained flat in October, better than economists’ expectations that the CPI would rise by 0.1%. Core CPI also came in lower than
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"The central bank is a scam, a mechanism by which politicians cheat the good people with inflationary tax,” Milei has previously argued. Regarding Bitcoin, he said that it "represents the return of money to its original creator, the private sector.” Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Shibburn, the burn tracker Twitter account linked to Shiba Inu (SHIB), was abruptly suspended on June 24. The suspension came after the account owners owing to a notification from Twitter’s Developer Portal warning them that they
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ben Armstrong, the YouTube influencer also known as BitBoy, has sold his BEN tokens for 43 ethereum (ETH) less than a week after telling followers that he was committed to holding them for six months to
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China is indeed the most visible champion of this technology. While the digital yuan is still far from ubiquitous in China, it still covers 13.6 billion RMB, 260 million wallets and 25 cities, according to Ananya Kumar at the Atlantic Council. It may not be so scary to think of
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The bitcoin price rose as high as $21,287 in the past 24 hours, the highest since Sept. 13. Original Source
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The consumer price index (CPI), the most widely tracked benchmark for inflation, rose 8.6% on a year-over-year basis in May, topping expectations that it would decline to 8.2% from April's 8.3%. The core CPI – which strips out food and energy costs – rose 6% year-over-year in May, dipping from
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“Today’s numbers suggest that we are likely closer to a recession than previously thought,” said Joe Haggenmiller, head of markets at XBTO, a crypto finance firm. “It therefore stands to reason that if negative growth persists, the equity markets may suffer and bitcoin may as well because of its positive
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U.S. stocks are falling on Thursday as a jittery Wall Street continues to eye the expansion of the coronavirus around the world. Dow bulls are nervously watching what could be a new base camp for the disease in Daegu, South Korea. The city of 2.5 million residents faces a possible quarantine. The Dow
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XRP, Ripple’s native cryptocurrency which increased by more than 15 percent in merely two days, will be delisted from BITBOX. The exchange is operated by Japan’s biggest messaging application LINE.Why is XRP being delisted, and what impact will it have?In a standard statement, the BITBOX team said that it actively
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