October 15, 2021

Consumer prices rise more than expected as energy costs surge

Consumer prices rise more than expected as energy costs surge

KEY POINTS Consumer prices overall rose 0.4% in September, pushing the year-over-year gain to 5.4%. Excluding food and energy, the gain was just 0.2% and 4%, respectively. Energy and food prices climbed, while used car prices, which had been a central story in the inflation picture this year, declined. Consumer prices increased slightly more than

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Cryptocurrency Regulations Around the World

Cryptocurrency Regulations Around the World

As cryptocurrency’s transformation from speculative investment to a balanced portfolio stablemate continues to gather pace, governments around the world remain divided on how to regulate the emerging asset class. Below, we break down the current digital currency regulatory landscape by country. KEY TAKEAWAYS As cryptocurrency has become a more significant factor in the global investment landscape, countries have taken different approaches

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Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates 4M in BTC

Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC

Image source: riotblockchain.com On October 6, a NASDAQ-listed blockchain mining company, Riot Blockchain, announced that its Bitcoin production capacity in September has increased by about 346% to 406 BTC year-on-year comparing to last year. Meanwhile, the yearly Bitcoin mining production recorded an increase of approximately 236% for the first nine months. Riot Blockchain said that as of September this year, the company has mined

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Bitcoin gets green light for price discovery with ‘almost no supply’ on exchanges above K

Bitcoin gets green light for price discovery with ‘almost no supply’ on exchanges above $59K

Resistance is thinner than ever, while data leaves the market guessing about what will happen when Bitcoin revisits $64,500 all-time highs. Bitcoin (BTC) is now free to surge not only to existing all-time highs but beyond, analysts have said. Analyzing orderbook data on Oct. 15, monitoring resource Whalemap revealed that Bitcoin had already beaten all major resistance

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