Bitcoin Bancorp snaps up thousands of defunct Bitcoin Depot ATMs for $620,000
Just over a quarter of Bitcoin Depot’s more than 9,200 kiosks have been sold for less than $1 million, court records show.
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Bitcoin and Gold Prices Crash As Core CPI Runs Hot
US inflation delivered a mixed signal in August, with headline consumer prices matching expectations while underlying inflation came in hotter than economists forecast. Bitcoin and Gold prices crashed in the immediate aftermath as the data adds fresh…
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation doesn't soon slow.