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Coin Market

Core Scientific drops 10% after $400 million convertible senior note offer

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Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts.

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Coin Market

Hot US inflation raises odds of half-point Fed hike in December

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US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.

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Coin Market

Mercado Bitcoin to resume cash withdrawals after $49M hack

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Starting next week, customers can deposit and withdraw money through Brazil’s instant payment system. Crypto transfers remain suspended.

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Coin Market

Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat

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Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December.

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