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November CPI reports that Inflation Ticks Up Slightly Ahead of Fed Meeting

November 2024 CPI Report: Inflation’s Impact on Crypto Markets Fresh Consumer Price Index (CPI) data for November 2024 reveals inflation rose to 2.7% year-over-year, up slightly from October’s 2.6%. This increase, although modest and in line with economists’ expectations, holds significant implications for both traditional financial markets and the crypto industry. CPI Report Highlights: 1.

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Tether Denies Investigation Rumors Amid Bitcoin Surge

A U.S. investigation into Tether, the issuer of stablecoin USDT, has been denied publicly.According to the Wall Street Journal, federal prosecutors in Manhattan are investigating possible anti-money laundering (AML) violations involving Tether.In the report, unnamed sources suggested USDT might have been used for illicit purposes.The company has categorically denied these allegations, emphasizing its commitment to

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