US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’

US Inflation Remains Scorching Hot Jumping to 9.1% in June, White House Says CPI Data Is Already 'Out-of-Date'According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists thought May’s CPI data would be the record peak. US […]

Go to Source

Powered by WPeMatico

NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million

While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed to rise more than 10% higher than the week prior. One particular NFT sale, Cryptopunk #4,464, helped push this week’s sales volume up as the […]

Go to Source

Powered by WPeMatico

Biggest Movers: QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low

QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also declined, with prices heading toward a one-year low. Quant (QNT) QNT remained close to a two-month high on […]

Go to Source

Powered by WPeMatico

US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets

US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital's AssetsA federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are controlling the debtor’s assets at this stage.” Bankruptcy Judge Freezes 3AC’s Assets Judge Martin […]

Go to Source

Powered by WPeMatico