News · Cryptocurrency & Blockchain · United States
Hot US inflation raises odds of half-point Fed hike in December
US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.
This is a short summary of a report by a third-party publisher. Newsline Press did not produce the original reporting.
Read the full story at CointelegraphOriginal publisher: Cointelegraph
This content is for information only and is not investment advice. See our disclaimers.
Spotted an error? Request a correction · Corrections Policy
Related stories
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S.
CoinDesk ·
Polymarket US trading volume jumps 266% despite regulatory battles
Trading volume on Polymarket’s US exchange surged from June to October, fueled by sports betting, even as the platform faces mounting regulatory scrutiny.
Cointelegraph ·
Crypto teams up with U.S. government to defend stock perps in legal fight
Crypto and prediction markets firms declared themselves on the side of the U.S. Commodity Futures Trading Commission, arguing perpetual futures aren't swaps.
CoinDesk ·
Crypto is now teamed up with U.S. government in two legal battles over perps
Twice now, crypto firms have found themselves on the side of the U.S. Commodity Futures Trading Commission in holding that perpetual futures aren't swaps.
CoinDesk ·
Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat
Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December.
Cointelegraph ·
Plume affiliate lands broker-dealer license to bring real U.S. assets onchain
Kimber Digital Securities secured SEC and Finra approvals, a regulatory milestone paving the way for the delivery of legally binding claims, dividends, and yield-bearing products directly to self-custodial wallets and stablecoin applications in the U.S.
CoinDesk ·