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August core CPI rose 0.3%, faster than forecast, heightening concern that inflation remains too persistent and raising the possibility of a Federal Reserve rate hike. The report carries added significance after Kevin Warsh’s recent warning.
Bitmine has purchased another $69 million in ETH, while Tom DeMark expects Ethereum’s price uptrend to resume soon. At its current buying pace, Tom Lee’s treasury firm could reach its accumulation goal in about seven weeks.
A working Ethereum proposal could open staking deposits to future key formats. CryptoSlate notes that changing validator signatures would still require separate protocol upgrades, with no implementation timeline provided.
CryptoSlate’s sensitivity case says faster, programmable switching in AI-enabled deposits could reduce banks’ interest-rate capacity over 10-year equivalents and potentially pressure banks to charge higher rates on everyday loans.
