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    US Inflation Rate Rises to Four-Decade High of 7% in December

    US Inflation Rate Rises to Four-Decade High of 7% in December

    The U.S. Labor Department’s Consumer Price Index (CPI), the most widely used gauge for tracking inflation, rose to an annual clip of 7.0%, hitting predictions made by economists. This marks the highest increase since June 1982, beating last month’s 6.8%.The core CPI,...
    U.S. Banks Form Group to Offer USDF Stablecoin

    U.S. Banks Form Group to Offer USDF Stablecoin

    A group of U.S. banks plans to offer its own stablecoin, called USDF, in a move to tackle concerns about the reserves behind non-bank issued equivalents.Comprising institutions backed by the Federal Deposit Insurance Corporation (FDIC), one of the industry’s key...
    Retail is pushing the Bitcoin price up, says Ledger CEO

    Retail is pushing the Bitcoin price up, says Ledger CEO

    As crypto prices recover after a slump last week, Pascal Gauthier, CEO of crypto wallet firm Ledger, addressed questions relating to the state of the crypto market. In an interview taken by CNBC at the Crypto Finance Conference in St. Moritz, Switzerland, Gauthier...
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