Yesterday’s stock and cryptocurrency values fell due to worse than anticipated news. According to the most recent consumer pricing index (CPI) data, inflation grew 8.3% annually and by 0.1% for the month. Economic experts had anticipated a little decline. It signals to consumers that high costs will persist. For investors, it means sustained price pressure … Read more

As hitting a three-week high, Bitcoin immediately fell after US inflation statistics came in worse than many traders had anticipated. Other prestigious cryptocurrencies also decreased. After consumer price index, or CPI, inflation data came in hotter than anticipated, there was a fresh expectation that the US Federal Reserve would adopt a more restrictive US monetary … Read more

Hedge funds and family offices that have flocked to the digital world now have one less reason to keep investing as the crypto returns that institutions generally seek have dropped below what the US government pays to borrow for three months in a rare reversal. Interest rates are rising almost everywhere due to the Federal … Read more

Six eminent United States Senators are pressuring Meta Platforms, the Mark Zuckerberg-led social media corporation, to reveal its policies for handling cryptocurrency scams on its platforms. The Senators asked for particular information about “Meta’s efforts to prevent cryptocurrency scams on its social media platforms, including Facebook, Instagram, and WhatsApp,” in a letter they sent to … Read more