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Introduction On Tuesday, the U.S. Bureau of Labor Statistics released the October Consumer Price Index for All Urban Consumers (CPI-U), which remained unchanged compared to September's 0.4% increase. The report revealed a steady trend in consumer pricing, with the all-items index rising 3.2% over the past year before seasonal adjustment. Shelter Index and Gasoline Index […]

Renowned author Robert Kiyosaki, famous for his book Rich Dad Poor Dad, has issued a cautionary statement stating that fiat money is not a safe investment. He emphasizes that central banks are buying gold to protect themselves, rather than safeguarding the interests of investors. Kiyosaki advises individuals to take necessary steps to protect themselves by

Introduction Robin Linus, the creator of BitVM, a computing construct built on the Bitcoin blockchain, has recently released a white paper titled "Bitstream." This paper presents a system that aims to revolutionize the economic structure of file storage by introducing a usage-based model that rewards server contributions with bitcoin payments. Overhauling Data Hosting with Bitstream

Bithumb's Potential IPO Strategy to Surpass Upbit's Market Supremacy Bithumb, a prominent cryptocurrency exchange in South Korea, is reportedly considering a public listing on Kosdaq in 2025, according to local reports. Insider information suggests that the exchange is also contemplating a future transition to the Korea Exchange (KOSPI) platform. As per South Korean news outlet

Moody’s Revises US Credit Outlook to 'Negative' The credit agency Moody’s has downgraded the United States credit outlook from 'stable' to 'negative'. This decision comes as a result of concerns over persistent large fiscal deficits and diminishing debt affordability. Moody's revision follows a previous downgrade by Fitch and reflects ongoing apprehension among investors regarding federal

Solana (SOL) has been the talk of the crypto community this weekend, as its value against the U.S. dollar has experienced a remarkable surge. Within the past 24 hours, SOL has gained 11%, and over the course of the week, it has seen an impressive 45.2% increase, propelling it to become the sixth largest asset

Dispelling Rumors and Rejecting Cash Shortage Reports The Central Bank of Nigeria (CBN) has dismissed rumors suggesting that the previously demonetized naira banknotes are no longer legal tender. In a statement issued on November 8th, the bank emphasized that all banknotes issued by the CBN remain legal tender and should not be rejected by anyone.

A recent study conducted by Glassnode on onchain activities has revealed that the scarcity of the bitcoin supply has tightened. This observation comes despite a substantial increase in the value of bitcoin throughout the current year. Bitcoin's Tightening Supply Defies Price Rally, Reveals Glassnode Study Over the past year, BTC has experienced a surge of

Economist Nouriel Roubini's Firm Reveals Climate-Focused Crypto Token Critics are currently roasting economist Nouriel Roubini, whose disdain for cryptocurrency is well-documented, as his company Atlas Capital announces its venture into the very market he once scorned. The firm is rolling out a crypto asset token crafted to combat the "negative effects of climate change," marking

NFT Market Revives With 7-Day Gains Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) experienced a significant increase of 18.30% compared to the previous week, reaching a staggering $106.32 million. This surge in NFT sales is indicative of a revival in market activity, with both the number of buyers and sellers