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1982 record breaks: Dollar inflation 6.8%
New inflation figures were released from the US yesterday. US dollar rises 6.8% The highest percentage in nearly 40 years.
“The commodity index rose 6.8 percent in the 12 months ending October, the largest increase in 12 months since the end of June 1982.”
For (almost) 40 years now (!) Inflation has been very high. Inflation is calculated using a basket of goods, goods and services. For example, according to these figures, the energy index increased by 33.3%. The food index is up 6.1%.
Coinbase for Partners with Ledger Hardware Wallets
Major US exchange Coinbase Ledger is going to integrate hardware wallets into their platforms. Collaboration should ensure that users can save their bitcoin easily and quickly.
The partnership will begin in 2022. The first step in this new partnership should be the Coinbase Wallet browser extension. With that extension, users can link to their Ledger wallet. In the long run, merchants will be able to use their ledger wallet through Coinbase’s mobile app.
WisdomTree modifies Bitcoin ETF application and appoints US Bank as administrator
WisdomTree, a New York-based property manager, has revised the application for the Bitcoin ETF with the US Securities and Exchange Commission (SEC) and named US Bank as the Finance Manager.
In an update on Wednesday, WisdomTree named the National Association of Banks of America as its manager for shares in Bitcoin funds. This is an amendment to the application submitted by Wisdom Tree on March 11 this year.