Home > Crypto in a Minute > PayPal Financial Suppression >

PayPal Financial Suppression

Author: Jeffrey Craig Date: October 10, 2022


Main Takeaway: US CPI Inflation Numbers Out This Thursday

On Thursday, October 13th, US inflation numbers will be released for the month of September. These numbers will be the biggest catalyst for the month with regard to how crypto and other risk-on assets will perform. They will also be an indicator of how aggressive the Fed will continue being when it raises interest rates in November.

Key Stories: PayPal To Fine Users For Misinformation

Traditional payments service PayPal came under fire yesterday when it reported that it will be fining users $2,500 for misinformation. This announcement is a direct embodiment of the solutions that many cryptocurrencies such as Bitcoin seek to solve. Mainly, by being a censorship-resistant form of money that cannot be controlled by any third party. This news story about PayPal gets even scarier when matched with the potential that CBDCs have in censoring and controlling individual finances.

Today’s Top Gainers

The top five performing coins on Phemex d-o-d are EarthFund (1EARTH/USDT), Ethereum PoW (ETHW/USDT), Verasity (VRA/USDT), Volt Inu (VOLT(1K)/USDT), and Yield Guild Games (YGG/USDT).

For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
start trading start trading start trading

Register On Phemex Now To Begin Trading

Register On Phemex

More Articles

DOGE Soars On Twitter Payments Potential

DOGE Soars On Twitter Payments Potential

Jeffrey Craig | November 28, 2022

MetaMask & Infura’s New Data Policy

MetaMask & Infura’s New Data Policy

Jeffrey Craig | November 25, 2022

Fed Minutes Sends Conflicting Signals

Fed Minutes Sends Conflicting Signals

Jeffrey Craig | November 24, 2022

JP Morgan Crypto Wallet

JP Morgan Crypto Wallet

Jeffrey Craig | November 23, 2022

Subscribe Phemex

Get The Latest News And Updates From Phemex!

Get The Latest News & Updates!