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Overview of November's CPI Data In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, recorded a modest increase of 0.1%. This consistent annual rise of 3.1% reflects subtle economic shifts, with energy costs experiencing a significant decline while expenses for housing and food continue to gradually rise. Falling Energy Prices Play […]

Analyzing Bitcoin's Market Stance As of December 13, 2023, the price of bitcoin stands at $41,197, showcasing a dynamic interplay between various technical indicators. Over the past 24 hours, bitcoin's trading journey has oscillated between $40,712 and $41,957, highlighting a state of cautious optimism among traders. Oscillators and Their Significance Bitcoin's oscillators, including the relative

Introduction Several U.S. lawmakers have recently introduced a bipartisan bill aimed at combating terrorist organizations by imposing sanctions on foreign entities, including cryptocurrency platforms, that facilitate financial transactions for terrorists. The legislation not only seeks to crack down on these illicit activities but also aims to equip the Treasury Department with additional resources to address

Gold reached a historic high of $2,117 per troy ounce on December 3, 2023, but its price has since dropped by 5.33% in the past week. Despite this peak, its year-to-date increase against the U.S. dollar remains relatively modest at 9.9%. On the other hand, bitcoin, the leading cryptocurrency in terms of market capitalization, has

Tether's Impressive Growth Tether, the leading stablecoin by market capitalization, has witnessed a remarkable surge in supply, with an increase of 5.5% in the last month alone. This surge has propelled Tether's market valuation to an impressive $90 billion. Since the beginning of 2023, Tether (USDT) has experienced substantial growth. Starting the year with a

The Unjustly Vilified Heroes Prostitution, blackmail, slumlords, and Bitcoin miners who censor transactions may seem like unsavory characters, but they are actually heroes of the free market economy. Despite facing widespread scorn and outlawry, these individuals provide valuable economic services. To truly understand their heroism, we must remove the shackles imposed upon them by misguided

Insights into the Surge of Bitcoin's Price Yiannis Giokas, a senior director with Moody's Analytics, has provided insights into the factors behind the recent surge in bitcoin's price, highlighting the anticipated approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Moody's Analytics, a subsidiary of Moody's Corp. focusing on

Gold has taken the financial markets by storm, surpassing resistance levels and skyrocketing to an unprecedented all-time high of $2,148.99 overnight. This surge in price has also set a new standard in volatility, with the yellow metal experiencing $100 swings within a single day. While gold has slightly calmed down this morning, it is evident

Self-DirectedGold IRAs are fantastic because they let you invest in precious metals, without having to work with middlemen. They are so simple that even your grandmother could manage it! When you buy physical silver, gold, platinum, palladium, and bar, rounds, and bullion, you get immediate liquidity. If you’re looking to diversify your portfolio using non-physical

NayibTracker.com Confirms Growth in El Salvador's Bitcoin Treasury Recent data from NayibTracker.com, a website dedicated to monitoring El Salvador President Nayib Bukele's Bitcoin investments, reveals that the country's national Bitcoin treasury is showing a profit. The website tracks the timing and dates of known purchases, as well as Bukele's commitment to follow through on these