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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
US Rep. Tom Emmer (R-Minn.) proposed the two-page bill on Wednesday and shared a series of Tweets outlining his concerns with the potential launch of a Central Bank Digital Currency (CBDC) in the US. The Rep. from Minnesota highlighted that a US CBDC implementation should ensure it “protects financial privacy,
News • Bitcoin • Jan 12, 2022
US Rep. Tom Emmer (R-Minn.) proposed the two-page bill on Wednesday and shared a series of Tweets outlining his concerns with the potential launch of a Central Bank Digital Currency (CBDC) in the US. The Rep. from Minnesota highlighted that a US CBDC implementation should ensure it “protects financial privacy,
News • Bitcoin • Jan 12, 2022
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:
News • Politics • Jan 11, 2022
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
News • Bitcoin • Jan 06, 2022
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.
News • Politics • Jan 03, 2022
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
News • Bitcoin • Dec 27, 2021
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
Opinion • Politics • Sep 26, 2021
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
Feature • Bitcoin • Sep 16, 2021
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
News • Politics • Sep 14, 2021