Inflation in the United States surged to an annual rate of 3.7% in August, surpassing the consensus expectation of 3.6%, according to the latest Consumer Price Index (CPI) statistics released by the U.S. Bureau of Labor Statistics. This marks the second consecutive month of rising inflation, with the CPI rising
U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose
U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose
U.S. SEC Chair Gary Gensler went on to criticize the crypto industry today during a Senate hearing with lawmakers, but he would not provide any hints as to the agency’s plans regarding the numerous applications for Bitcoin spot ETFs that it is presently evaluating. Senator Bill Hagerty (R-TN) questioned Gensler
Two sources acquainted with the situation have reportedly confirmed that HSBC, one of the world’s major banks, is collaborating with the crypto custody technology business Fireblocks. Even before this agreement, Fireblocks had experience dealing with major institutions because of their expertise in crypto custody technologies like multi-party computation (MPC). Fireblocks
One of the biggest investing firms in the world, Franklin Templeton, has applied to the U.S. SEC for a spot Bitcoin ETF. Named the “Franklin Bitcoin ETF,” this innovative investment instrument has the potential to usher in the next phase of institutional involvement in the cryptocurrency market. Franklin Templeton’s selection
The cryptocurrency market has once again experienced a significant surge in volatility following the news of FTX’s impending sale of its crypto holdings, totaling $3.4 billion. This move has placed immense selling pressure on FTX’s major holdings, including Solana (SOL), Ethereum (ETH), and Bitcoin (BTC). FTX administrators have successfully recovered
Bitcoin price has so far managed to avoid further decline by finding support around the $25,000 region; it was around this price that the last upswing to $31,500 began. BTC made a dramatic recovery after yesterday’s drop, climbing to around $26,000 earlier today. In a short time, the BTC price
France is moving toward outright licensing so-called “finfluencers,” who advocate financial goods on their websites. A Responsible Influence Certificate has been established but is voluntary. The French financial markets regulator, the Autorité des Marchés Financiers, and the professional advertising authority, the Autorité de Régulation Professionnelle de la Publicité (ARPP), have
In the ever-volatile world of cryptocurrency, Bitcoin, the largest market capitalization holder, has found itself facing relentless bearish pressure, sending shockwaves throughout the market. BTC price declined all the way till $$25,060, breaking the key support level of $25,510. This has resulted in a 14% decline over the past 30
