“bitcoin moves hardest when inflation data forces a rethink on rates, gaining an average 3.25% across the three occasions in the past nine releases when inflation came in below expectations
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“underneath, inflation remained sticky and food prices are undercounted by Bureau of Labor Statistics methods
“Underlying economic pressures in the U.S. remain stickier than the consumer price index figure released Wednesday implies
“rent increases on rent-stabilized apartments have failed to keep pace with inflation for years, even as the costs of maintaining buildings have continued to rise
“the company has not sold any bitcoin and still holds 43,000 BTC despite recent large on-chain movements
“temporary drops in energy and gasoline prices make the headline figure look small
“the transfer of 5,014 BTC, worth about $320 million, was a routine shift between custodial addresses
“the index ignores key housing costs such as property taxes, insurance and home prices
“MUFG plans to use blockchain technology to offer faster settlement of Japanese government bond (JGB) transactions, in a move reminiscent of similar initiatives by banks in other countries.