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Record $307 Trillion Global Debt Puts World Economy on Alert


In the first half of 2023, global debt increased by $10 trillion, reigniting concerns about its impact on the world economy and the potential for a financial crisis, according to data released by the Institute of International Finance (IIF) on Tuesday.  The report disclosed that the overall debt...

Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday


XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the process....

Biggest Movers: TON Hits 7-Month High, After Rising 50% in the Last Week


Toncoin rallied to a fresh seven-month high on Tuesday, as Telegram founder Pavel Durov revealed more details about its recent partnership with the blockchain. Generally, the crypto market cap has been higher in the past days, mostly in anticipation of Wednesday’s Federal Reserve interest rate...

US Inflation Posts Biggest Monthly Increase in 2023 as CPI Rises 0.6%


The U.S. Department of Labor released new data today showing a 0.6% increase in the consumer price index (CPI) for August. This is the largest monthly rise in U.S. inflation so far this year. The report showed that prices have gone up by 3.7% compared to August of last year, slightly higher than...

Marathon's Bitcoin mining rate fell 9% in August


The company still mined five times more Bitcoin than in August 2022, reporting that it produced 1,072 Bitcoin last month, and said the decrease from July was caused by unfavourable weather conditions

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