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The latest Consumer Price Index (CPI) figures released by the United States have exceeded expectations, signaling a robust inflationary trend that could significantly influence the Federal Reserve’s forthcoming monetary policy decisions. The Bitcoin and crypto markets reacted with a swift downtrend.
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A United States judge has ruled against Custodia Bank’s claim to membership and a master account with the Federal Reserve. The digital asset bank had initially sued the Fed in 2022 for delaying a decision on whether or not to grant the bank a master account.
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This week in the Bitcoin and crypto markets is marked by several pivotal events that could significantly influence investor sentiment and market dynamics. Among them, central bank interest rate decisions, the Nvidia GTC conference, and the launch of Etherfi are particularly noteworthy.
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James “MetaLawMan” Murphy, a prominent crypto legal expert at Ludlow Street Advisors, has recently brought to light a contentious issue involving the United States Federal Reserve (Fed) and its alleged role in the “Operation Chokepoint 2.0,” targeting the cryptocurrency sector.
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