U.S. Inflation Hits Highest Price Since 2008, Outlining Situation For Bitcoin
highest Inflation

U.S. Inflation Hits Highest Price Since 2008, Outlining Situation For Bitcoin

With inflation in the U.S. hitting its highest mark since the 2008 financial crisis, Bitcoin is serving as a critical lifeline.The consumer price index (CPI), a measure of the price of consumer goods and services, increased by an annual rate of 5% last month, hitting its highest mark since August 2008, according to the U.S.…

Bitcoin section of highest risk classification in Basel’s new lender capital strategy
Bitcoin highest

Bitcoin section of highest risk classification in Basel’s new lender capital strategy

The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies like Bitcoin.