Following March’s disappointing Consumer Price Index (CPI) statistics, the U.S. Bureau of Labor Statistics revealed Thursday that the PPI for final demand fell 0.5% in March. A 0.1% increase in the PPI was predicted for March, therefore the 0.5% increase was unexpected. Inflation as measured by the PPI in March
On Thursday, the London Stock Exchange Group (LSEG) announced that beginning this year, it would facilitate trading and settlement for Bitcoin index futures and options derivatives. The London Stock Exchange (LSE) is now offering Bitcoin trading via a partnership with a digital trading platform. According to a report by Reuters
The Argentine public’s enthusiasm for Bitcoin and other cryptocurrencies has been on the rise as of late. The National Commission of Value (CNV), Argentina’s securities regulator, has given the green light to local exchange Matba Rofex to begin trading regulated Bitcoin index futures contracts. Furthermore, locals may now speculate on
OPTI/USD Optimus AI, a decentralized currency launched on the official Optimus Twitter birthdate, is focused on building and nurturing the largest AI community while providing exposure and resources to innovative projects. In recent times, OPTI, the native token of Optimus AI, has shown bullish trends, with a 3.53% increase in
Compared to February, when prices grew by 0.4%, the CPI increased by 0.1% in March 2023 after seasonal adjustments were made. Inflation statistics for March showed an annual rise in the all-items index of 5.0% before seasonal adjustment. The Consumer Price Index (CPI) for March 2023 had recently been issued
Warren Buffett, the billionaire businessman renowned for his outspoken condemnation of Bitcoin and the cryptocurrency industry, has reaffirmed his stance. On Wednesday, as Bitcoin’s price rose beyond $30,000 and neared a 10-month high, he made the remarks. Buffett has said that the leading cryptocurrency, Bitcoin, is nothing more than a
Former Deutsche Bank investment banker Rashawn Russell is the subject of a civil enforcement action brought by the U.S Commodities Futures Trading Commission (CFTC) in the United States District Court for the Eastern District of New York. Furthermore, Russell is accused of defrauding investors out of at least $1 million.
There have been no big setbacks to Hong Kong’s crypto push, so far. All of the predicted growth in the digital asset market seems to be materializing. ZA Bank, Hong Kong’s biggest virtual bank, now supports both fiat and cryptocurrency transactions and provides account services to the city’s burgeoning digital
Cryptocurrency started green and fresh as the day began but is ending in the red zone. Every other coin or token in the market is passing through a dip of about 3 to 4% in the hour. Though major crypto updates are pipelined in consecutive days, such as the Ethereum
The country of El Salvador, located in Central America, has demonstrated a steadfast commitment to and prominent achievements in the realm of cryptocurrency. Recently, Bitfinex Securities took to their Twitter account to announce that they have been granted a license to operate in El Salvador, which has made history as
