As of this writing, the crypto market is cruising at a value of $ 1.42 trillion, with bitcoin (BTC) holding 49.9% of the overall market cap. This past week saw both bitcoin and ethereum experiencing notably stagnant weeks in terms of their percentage changes, while a number of other digital currencies outshone the top …
October’s Inflation Report: Shelter Prices Up, Gasoline Plummets — Mixed Market Reactions Follow
On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before seasonal adjustment, marking a notable trend in consumer pricing. Steady CPI in October Balances Shelter Rise […]
Stablecoin Market Rises by Over $600M in October Despite Mixed Supply Dynamics
The stablecoin economy experienced growth in October after several consecutive monthly declines. In the last month, a total of $ 608 million was added to the fiat-pegged token market. Despite the increase, six stablecoins out of the top ten saw supply reductions during the month. Fiat-Pegged Token Market Grows Modestly in October, With First …