Nov 11: Inflation Hits 4%
From Daily Crypto News · 15:10
Show by Daily Crypto News
Bitcoin continues struggling below $74,000 as U.S. spot Bitcoin ETFs reportedly record a fourth consecutive session of outflows, October inflation reaches a reported 4%, and Zcash plunges 16% in just 24 hours.Matt Diemer examines the pressure on cryptocurrency markets, the Federal Reserve's increasingly difficult decisions, and why an economy can appear healthy on paper while Americans feel financially and personally worse off.Meanwhile, Nvidia continues facing controversy surrounding CEO Jensen Huang and allegations involving Chinese intelligence. Matt revisits the debate over whether the U.S. government should restrict American companies from selling advanced AI chips overseas, including a response from Daily Crypto News listener Spencer.Plus, Anthropic reportedly prepares for a potential $1.4 trillion IPO, Tom Emmer moves into Republican House leadership, a federal judge rules against prediction-market company Novig, and cryptocurrency security incidents involving Initia and Across Protocol raise new concerns about centralized infrastructure.We also examine Zcash's dramatic sell-off, reported short positions, and what traders should watch as market sentiment moves closer to extreme fear.Read the newsletter and follow Daily Crypto News at https://dailycryptonews.netHappy Hodling! Hosted on Acast. See acast.com/privacy for more information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.dailycryptonews.net/subscribe
More episodes of Daily Crypto News
More episodes
- May 21: Spot Ethereum ETH Coming?
- May 22: Vote Yes on FIT21: Stand With Crypto
- May 23: FIT-21 Passes! ETH ETF Today?
- May 24: Ethereum Spot ETF Approval
- May 27: The Next ETF Approvals, Low Float, High FDV Tokens, and The Rise of Aptos
- May 28: Free Ross! Pandering or Honesty?
- May 29: SEC Lied to Get What They Wanted
- May 30: ETF Updates, Wallet Innovations, and Political Influence
- Weekend Update: May 24 - 30
- May 31: PYUSD with Solana, USDe with Blast
PodSearch is a free, independent podcast search engine. Read about PodSearch, the privacy policy or contact us.