The National Bureau of Economic Research concludes that not many people in El Salvador are using Bitcoin, despite a law that compels businesses to accept it.
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Bitcoin, Ethereum Tumble as CPI Report Points to Rising Inflation
Inflation accelerated again in May after slowing down in April, which could have a negative impact on cryptocurrency markets already reeling from the Federal Reserve’s tighter monetary policy. The Consumer Price Index (CPI) rose 8.6% […]
Elwood Technologies To Integrate Crypto Trading Platform With Bloomberg AIM
London-based crypto-centric fintech Elwood Technologies has signed a deal for a “strategic integration” with Bloomberg’s Asset and Management Investment Manager (AIM). Per a press release issued by Elwood, the integration will see Bloomberg’s AIM tool […]
SHIB, ApeCoin Defy Crypto Market Slump With Double-Digit Gains
Shiba Inu and ApeCoin are up around 20% and 10% respectively, despite the wider crypto market slumping.