Crypto news

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While the cryptocurrency industry is caught in what seems to be one of the largest debacles of the year, the US Bureau of Labor Statistics just published the numbers for the Consumer Price Index. The reality beat expectations, resulting in a massive spike in Bitcoin’s price, which reached $17,800 on Binance. The US Bureau of Labor Statistics just published the CPI for October, clocking in at 7.7%, increasing 0.4%, seasonally adjusted. The expectations were mostly for the...

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Mastercard is looking to bring the traditional world of banking and crypto together by making it easier for the former to get involved with the latter. The company has announced a new program that will allow banks to offer crypto trading. Mastercard: A Crypto Savior? This is huge news in that it blurs the lines between two arenas that have long been at war with each other. Traditional finance is all about getting third parties and prying eyes involved, whereas crypto is...

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