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📊 Can XRP catch up with bitcoin? Today BTC has a capitalization about 18 times larger, but Ripple's former CTO sees it possible for XRP to close that gap.
🇩🇪 Germany is studying changing the taxation of bitcoin and other crypto assets purchased since January 1, 2027. The proposal would eliminate for these new acquisitions the exemption that today can be applied after more than a year of holding.
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🇺🇸 US inflation came in almost exactly in line with expectations
The August CPI report gave the market a fairly calm picture:
MoM: +0.4% vs +0.4% forecast
YoY: +3.4% vs +3.4% forecast
Core CPI: +2.4% YoY vs +2.4% expected
So overall, there was no real surprise. The data came in right in line with expectations.
‼️ The only thing worth noting is that monthly core inflation came in slightly worse than forecast, so the dollar could get a bit of support from that. But based on these numbers alone, I wouldn’t expect a major move.
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Silver erases post-CPI slump, rebounds from three-week low
Silver (XAG/USD) rebounds sharply on Friday, trading around $64.30 at the time of writing, up 1.13% on the day. The white metal recovers after briefly falling to a three-week low of $62.94 in the immediate reaction to the latest United States (US) inflation...
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BtcUsd Buy Now 77728.0
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