Bitcoin moved sharply higher following the release of U.S. inflation data for December, briefly climbing to around $92,500 as markets digested consumer price figures that largely met expectations. Data from the U.S. Bureau of Labor Statistics showed headline consumer prices rose 2.7% year over year, unchanged from November, while monthly inflation increased 0.3%. Core inflation, […]
U.S. credit unions have formally aligned with major banks in opposing reward or interest payments tied to holding stablecoins, reinforcing the regulatory momentum behind stricter limits on yield bearing digital dollars. The stance comes as lawmakers advance the Digital Asset Market Clarity Act, a framework designed to integrate crypto assets into existing financial oversight while […]
The US inflation radar just blinked out for an entire month and traders are scrambling to decode what the missing data means for December’s macro outlook. The Bureau of Labor Statistics confirmed that October’s Consumer Price Index will not be released at all because the shutdown froze the entire data collection process. Survey teams could […]
