Bitcoin Briefly Climbs Past $111K After CPI Data Reveals Cooling Inflation

Friday’s consumer price index (CPI) is the only official economic data that has been published during the ongoing U.S. government shutdown. Bitcoin Tops $111K As Inflation Cools The pace of inflation was slower than what many economists predicted according to the latest CPI report published by the U.S. Bureau of Labor Statistics (BLS) on Friday … Read more

Paypal’s PYUSD Fights Its Way to Sixth Place in the Stablecoin Shark Tank

The stablecoin market is lounging in the $300 billion penthouse, clocking in at a tidy $308.218 billion per defillama.com data. Meanwhile, Paypal’s PYUSD has muscled its way into sixth place among stablecoins, now flaunting a cool $2.761 billion in circulation after an explosive climb this year. Paypal’s Digital Dollar Joins the Frenzy of Stablecoin Heavyweights … Read more

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