The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5% month-to-month in December. This is a decrease in growth from November’s 0.8% figure. Year-on-year, the index rose by 7%, the largest 12-month increase since June 1982. The monthly changes for each sub-index are as follows: * Food:

Turmoil in Kazakhstan over a country-wide uproar sparked by skyrocketing gas prices has led to the country's state-run internet service provider's shutdown. The move left 98% of the country without an internet connection. Kazakhstan was one of the beneficiaries of China’s mining ban which caused

On December 30, 2021 the Security and Exchange Commission (SEC) announced several new hires and additions to the executive staff. The new hires include Corey Frayer, Jorge Tenreiro, Jennifer Songer, and Phil Haverstein.  SEC Chair Gary Gensler commented on the addition, saying  “Corey, Phil, Jenny, and Jorge have exceptional experience.

According to a Bloomberg report the legislation is being piloted by Wyoming Senator, Cynthia Lummis. Lummis has been a vocal advocate of bitcoin since her initial investment in 2013. In a June 2021 interview she stated that she held 5 bitcoin and disclosures show that she made a further purchase

Nayib Bukele sure ain’t your average politician. The president of El Salvador, when confronted with an accusation of becoming a dictator, changed his Twitter bio to “Dictador de El Salvador” (Dictator of El Salvador), and later spiced it up to “El Dictador más cool del mundo mundial” (The coolest

In June 2018 the House Ethics Committee passed new rules requiring members to disclose their ownership of crypto asset holdings worth more than $1,000 in annual reports, giving them the same treatment as any other asset. While the financial filings for Representatives, Senators, and Executive Branch Officials are all

A new Bitcoin movie has hit the screens. This Machine Greens, a documentary by award-winning filmmaker Jamie King (“Steal This Film”), premiered this week on YouTube. The crowd-funded documentary, produced by Enrique Posner, explores the relationship of Bitcoin to energy and examines critics’ claims that bitcoin mining is “dirty.” The

El Salvador made history on Tuesday, September 7th as the first country to make Bitcoin legal tender. 72 hours later, a government advisor for the Central American country revealed it will exempt foreign investors from paying taxes on Bitcoin profits, both on capital gains and income in bitcoin. With this