βͺοΈ Consumer Price Index (CPI) (YoY) (Dec)
Actual: 2.7%
FORECAST: 2.7%
PREV: 2.7%
βͺοΈ Consumer Price Index (CPI) (MoM) (Dec)
Actual: 0.3%
FORECAST: 0.3%
PREV: 0.3%
βͺοΈ Core Consumer Price Index (CPI) (MoM) (Dec)
Actual: 0.2%
FORECAST: 0.3%
PREV: 0.2%
βͺοΈ Core Consumer Price Index (CPI) (YoY) (Dec)
Actual: 2.6%
FORECAST: 2.7%
PREV: 2.6%
@Π‘ryptoz βΏ
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β€25π2
Money is in gold for now, crypto is moving sideways.
Once the hype around precious metals fades, liquidity will flow back into BTC and ETH.
@Cryptoz
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1β€21π₯5π3π3
#BTC Hashprice Hits $0.03 per TH
Bitcoinβs hashprice β the revenue miners earn per terahash β has dropped to around $0.03/TH, putting heavy pressure on mining profitability.
As a result, the network adjusted mining difficulty down by 11%, marking the largest negative difficulty change since Chinaβs mining ban in 2021.
@Cryptoz
Bitcoinβs hashprice β the revenue miners earn per terahash β has dropped to around $0.03/TH, putting heavy pressure on mining profitability.
As a result, the network adjusted mining difficulty down by 11%, marking the largest negative difficulty change since Chinaβs mining ban in 2021.
@Cryptoz
β€7π₯4π―1
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JUST IN: πΊπΈ Treasury Secretary Bessent calls to pass crypto market structure legislation.
@Cryptoz
@Cryptoz
β€3π2
π Banks refused to compromise on stablecoin yields.
A new meeting was held at the White House on the CLARITY bill about the crypto market structure with representatives from banks and the crypto industry.
The banking side brought a document with a firm stance:
β A complete ban on any rewards to stablecoin holders.
β A ban not only on financial interest but on any bonuses.
β Strict supervision and an enforcement mechanism.
The banks' argument β protecting deposits. Yields on stablecoins could trigger outflows from the traditional banking system and hurt lending to the real economy.
@Cryptoz
A new meeting was held at the White House on the CLARITY bill about the crypto market structure with representatives from banks and the crypto industry.
The banking side brought a document with a firm stance:
β A complete ban on any rewards to stablecoin holders.
β A ban not only on financial interest but on any bonuses.
β Strict supervision and an enforcement mechanism.
The banks' argument β protecting deposits. Yields on stablecoins could trigger outflows from the traditional banking system and hurt lending to the real economy.
@Cryptoz
π€ Up to 10% of Bitcoinβs market cap could flow into privacy coins.
The founder of Digital Currency Group stated that in the coming years, 5-10% of capital from BTC will move into privacy-focused cryptocurrencies like Zcash (#ZEC).
Bitcoin remains the core asset in the portfolio, but a 500x increase is unlikely unless the dollar collapses.
However, the privacy coin sector has the potential for 100x-1000x growth.
@Cryptoz
The founder of Digital Currency Group stated that in the coming years, 5-10% of capital from BTC will move into privacy-focused cryptocurrencies like Zcash (#ZEC).
Bitcoin remains the core asset in the portfolio, but a 500x increase is unlikely unless the dollar collapses.
However, the privacy coin sector has the potential for 100x-1000x growth.
@Cryptoz
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American Hodl on how each cycle compounds in difficulty, tough emotional moments in the hodling journey, life-changing money & how plebs are struggling with the nihilism of everyday life.
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@Cryptoz
π1