BloodLoop (BLS) news

CPI strength makes the Federal Reserve’s rate outlook uncertain

Share link:In this post: October’s CPI report shows inflation staying stubbornly high, putting the Fed’s rate-cut plans in question as December’s decision looms. Rents and hotel rates jumped due to seasonal factors and hurricanes, making inflation harder for the Fed to control. Used car prices rose sharply, reversing the deflation trend, thanks to increased demand from recent storm damage.

October CPI Data Expected to Show Inflation Spike

U.S. Bureau of Labor Statistics decides not to plan any further cuts to employment survey sample sizes

Fitch: October non-farm payrolls ‘real number’ could be 119,000

Fitch: October non-farm payrolls "real number" may be 119,000

OpenZeppelin Has Received Funding from the Ethernet Foundation

OpenZeppelin Receives Ethernet Foundation Grant to Advance ERC-4337 Account Abstraction Technology

OpenZeppelin has received funding from the Ethereum Foundation

Bitcoin (BTC) Price Eyes $68,000 Amid Weakening US Jobs Market

Vitalik on the possible future of Ethereum (Part 4): The Verge

Verge plans to reduce the computational cost of running a fully verified node through stateless verification and validity proof. The goal is to enable every mobile wallet, browser wallet and even smartwatch to perform verification by default, and to achieve full verification of the chain (consensus and execution) on smartwatches.

Vitaliks new article: The possible future of Ethereum, The Verge

Possible futures of the Ethereum protocol, part 4: The Verge

Which EIPs have been confirmed to be included in the Pectra upgrade? Will it increase ETH inflation?

The confirmed EIPs will improve the programmability of accounts, Ethereum's verification efficiency and staking optimization, etc. The unconfirmed EIPs focus on how to improve L2 scalability.

Detailed explanation of Pectra upgrade: How it affects Ethereum value and stakeholders

ARPA Network announces partnership with OpenLayer to promote decentralized data security

Vitalik Buterin explains 3 ways Ethereum’s rollup-focused roadmap could resolve the trilemma

Share link:In this post: Vitalik Buterin addresses the challenges of the scalability trilemma. He proposes advanced methods like SNARKs and Plasma in his rollups-centric roadmap. Interoperability between layer 2 solutions and Ethereum remains crucial.

Vitalik's new article: The possible future of Ethereum, The Surge

Ethereum's expansion roadmap needs to find a balance between improving transaction processing capabilities, maintaining decentralization and security, while taking into account the implementation difficulty of different technical solutions and social coordination issues.

Bitcoin surfs US PPI overshoot as BTC price recovers from sub-$59K dip

U.S. inflation soars higher than expected in September

Share link:In this post: The ‘all items’ CPI (consumer price index) surged 2.4% over the past 12 months ending September. Economists expected the annual consumer price increase to be around 2.3%. The index rose 0.2% over the past month, slightly higher than the projected 0.1%.

Bitcoin digests US 'nightmare' CPI, jobs data as $60K hangs in balance

US jobs report signals fewer rate cuts, still bullish for BTC: Grayscale

Trending Cryptocurrency Tokens on Avalanche Chain Today – Lucky Coin, BloodLoop Shard, PHARAOH

EOS Network achieves 1-second finality with major Spring 1.0 upgrade

EOS Network significantly upgrades with 1-Second Transaction Finality

EOS network achieves major upgrade to 1-second transactions

EOS Network Completes Spring 1.0 Upgrade, Achieving 1-Second Transaction Finality

EOS Network Completes Spring 1.0 Upgrade, Achieving 1-Second Transaction Finality

EOS Network Significantly Upgrades With One-Second Transaction Finality

Bitget Today Top 5 Gainers: VGX Gains 55.93% in 24 Hours to Top the List

U.S. yearly inflation dips to 2.5% in August

Share link:In this post: Inflation in the U.S. cooled in August, paving the way for the Federal Reserve to cut interest rates this September. The year-on-year Consumer Price Index decreased by 0.4% to 2.5% from July’s 2.9%. The Non-Farm Payroll report for July raised concerns about failing to meet economists’ expectations.