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Crypto Rallies as CPI Matches Forecasts, Bitcoin at $79K
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BITCOIN PRICE JUMPS 2,000 IN 3H $90M SHORT POSITIONS LIQUIDATED
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Treasury buys $5.2 billion of bonds as Bitcoin ETF flows stay negative
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Following the CPI release, the crypto market rebounded sharply. Bitcoin recovered more than $3,000 from its lows and is now trading around $79,300, while Ether climbed above $2,600, extending its 24-hour gain to about 8.8%.
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Canada Says Tokenized Deposits Are Legally the Same as Traditional Bank Deposits Canada’s banking regulator OSFI said tokenized deposits are not legally distinct from traditional bank deposits, reinforcing a technology-neutral regulatory approach. The clarification means
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JUST IN: Italy’s 2nd-largest bank considers launching crypto custody and brokerage — Bloomberg UniCredit currently evaluating technology partners.
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OpenAI’s Sam Altman calls to throttle AI race as state actors hijack Anthropic for bioweapons
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Japan hacked again: 246,000 records exposed in Digital Agency breach
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LATEST: Italy's UniCredit is reportedly seeking a technology partner to build crypto trading, custody and tokenized investment infrastructure, per Bloomberg.
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ESMA Warns on Tokenized Markets: Crypto and TradFi Are Close Enough to Transmit Shocks
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JUST IN: 🇺🇸 White House Economic Adviser Kevin Hassett says $5,000 checks for Americans can be combined with fiscal responsibility.
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Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision
Inflation held at 3.4% and core cooled annually, but a hot monthly core reading kept Fed hike odds near 62% while crypto markets rallied broadly.
CoinDesk
India's richest state is exploring tokenizing its own assets to fund new infrastructure
Maharashtra is drafting a policy to tokenize the state's assets, including the electricity transmission infrastructure.
CryptoPotato
BTC Volatility Returns, ETH Taps 8-Month High, While CPI Sets the Stage for the Fed: Weekly Recap
The past week saw some major gains from the likes of ZEC, NEAR, DOT, ICP, and others.
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MoneyGram Brings Stablecoin Spending to Colombia With a Visa Card
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BlackRock loads up on nearly $1 billion of these two cryptocurrencies
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US inflation holds stubbornly at 3.4%, putting Fed rate hike firmly in play
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LATEST: U.S. core CPI rises 0.3% MoM in August, above the 0.2% forecast, putting a Fed rate hike next week at near-certainty as the 2-year Treasury yield jumps to 4.61% and $BTC dips to $77,600.
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Hype feels good, but Lighter is right up there with it.
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Swift’s Address Deadline Slips Even As ISO 20022 Hits 98%
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XRP ETFs Beat Bitcoin, Ethereum Inflows: What Is Going On?
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