December 11 brought news from the US Bureau of Labor Statistics: November’s CPI rose to 2.7%, a 0.1% increase over October’s figure. The data met expectations, and Bitcoin reflected the sentiment with its response.
In a recent blog post, Ethereum founder Vitalik Buterin addressed the growing trend of endorsing politicians who claim to support the crypto industry. He notes that positive sentiment towards cryptocurrencies is insufficient. Supporting certain crypto advocates in elections might conflict with the cypherpunk values that initially shaped the first crypto communities.
President Joe Biden's administration is engaging with key figures in the cryptocurrency sector, seeking insights to better understand the community's sentiment, as reported by The Block, citing anonymous sources.