BlackRock: US CPI Shows Tariffs are Gradually Driving Up Prices, with Most of the Impact Yet to Come
BlockBeats News, July 16th: BlackRock Investment Institute's Global Head of Macro Research, Glenn Purves, stated that the U.S. core CPI increase in June was lower than expected, but there are increasing signs that tariffs have driven some price hikes. The May CPI report had already shown price increases in household appliances driven by tariffs, and this trend is continuing. Purves mentioned, "We are now seeing early signs of price increases in entertainment products such as video and audio equipment." He believes that most of the impact is yet to come, and after companies deplete the inventory built up to deal with tariffs, the impact will intensify. Due to pressure from goods and services, the inflation rate is likely to remain above the Fed's 2% target. Who will ultimately bear the cost of tariffs: consumers, businesses, or exporters? That will be key. (FXStreet)
You may also like

Hungary and Portugal Block Polymarket Prediction Market Amid European Crackdowns
Key Takeaways: Hungary and Portugal have moved to restrict access to Polymarket, increasing regulatory pressures on crypto-based prediction…

Indian Security Agencies Raise Concerns Over ‘Crypto Hawala’ Network in Kashmir
Key Takeaways Indian authorities have identified a new “crypto hawala” network using digital currencies for terror financing in…

Bitcoin Miner Canaan Has 180 Days to Escape Nasdaq Delisting — Will It Survive?
Key Takeaways Canaan, a prominent Bitcoin mining hardware manufacturer, faces potential delisting from Nasdaq after failing to maintain…

First Zero, First Revival: A Real Story from the WEEX Global AI Trading Hackathon Preliminary Round
WEEX Labs, the innovation arm of the global crypto exchange WEEX, launched the preliminary round of its flagship AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by world-class sponsors including AWS, the prize pool has reached $1.88 million, with a Bentley Bentayga S awaiting the champion in Dubai. Already, 788 elite teams worldwide are battling for a spot in the finals. This is more than a hackathon — it is a real-market stress test for AI trading. Registration remains open until January 18. If you want your AI to face real volatility, this is your moment.

Cross-chain Collaboration: Tom Lee Invests $200 Million, Joins Forces with Global Top Streamer Mr. Beast
AI Crypto Trading in 2026: How AI Agents Use Stablecoins for Capital Management and Settlement
Learn how AI agents use stablecoins for crypto trading in 2026 — managing capital, settling transactions, and operating across exchanges and DeFi protocols.

Tether Freezes $182 Million in Assets in a Day: Is USDT Still a Neutral Coin?
Key Takeaways Tether recently froze $182 million in USDT across five wallets on the Tron blockchain, raising questions…
Is the WEEX AI Trading Hackathon Worth Joining? $1.88M Prize Pool and Rules Explained
An AI trading competition with a $1.88M prize pool — explore WEEX AI Trading Hackathon rules, OpenAPI trading, and AI-only participation requirements.

India Tightens KYC Requirements for Crypto User Onboarding
Key Takeaways New KYC rules in India mandate stricter verification processes for crypto users, including live selfies and…

Senate Agriculture Chair Considers Postponement of Crypto Bill Vote Amid Growing Bipartisan Discussions
Key Takeaways: Senate Agriculture Chair John Boozman considers delaying the upcoming vote on the cryptocurrency legislation as bipartisan…
WEEX × LALIGA Partner to Bring Professional Discipline From Football to Crypto Trading
As an official regional partner of LALIGA, WEEX highlights seven outstanding players who embody the league’s competitive spirit and global appeal. Each brings a unique style to the pitch, yet all share values that closely align with WEEX’s commitment to stability, precision, and professional execution. This partnership is built on shared standards — where consistency and control define performance under pressure.

America's First State-Backed Stablecoin FRNT: Can It Save Wyoming Amid Energy Slump?
WEEX Global AI Trading Hackathon Kicks Off: $1.88M Prize Pool Powers the Next Generation of AI Trading Champions
WEEX Labs, the innovation arm of WEEX, a leading global crypto exchange serving over 6.2 million users across 150+ countries, is set to kick off the preliminary round of its flagship global AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by the strong support of world-class sponsors including Amazon Web Services (AWS), the total prize pool has surged from $880,000 to an unprecedented $1,880,000, positioning AI Wars among the largest AI trading hackathons in the crypto industry. At the top of the leaderboard awaits an extraordinary champion prize — a Bentley Bentayga S, already on standby in Dubai, ready to be claimed by the ultimate AI trading victor.

Binance Launches Regulated Gold and Silver Perpetual Futures Settled in USDT
Key Takeaways: Binance has introduced its first regulated perpetual futures contracts, which are tied to traditional assets like…

Ledger Faces Yet Another Data Breach — Customer Information at Risk
Key Takeaways Ledger, the prominent hardware wallet manufacturer, has experienced another data breach via its payment processor, Global-e,…

If you are long on oil, Maduro's arrest is not good news

Court Sentences Criminal in Virtual Currency Fraud Case with Major Global Implications
Key Takeaways A landmark case in Beijing reveals a significant cross-border telecom and internet fraud scheme involving virtual…

Japanese Finance Ministry Ushers in 2026 as “Digital First Year” with Focus on Digital Assets
Key Takeaways Japan’s Minister of Finance, Okatsuka Katsuki, has declared 2026 as Japan’s “Digital First Year,” highlighting the…
Hungary and Portugal Block Polymarket Prediction Market Amid European Crackdowns
Key Takeaways: Hungary and Portugal have moved to restrict access to Polymarket, increasing regulatory pressures on crypto-based prediction…
Indian Security Agencies Raise Concerns Over ‘Crypto Hawala’ Network in Kashmir
Key Takeaways Indian authorities have identified a new “crypto hawala” network using digital currencies for terror financing in…
Bitcoin Miner Canaan Has 180 Days to Escape Nasdaq Delisting — Will It Survive?
Key Takeaways Canaan, a prominent Bitcoin mining hardware manufacturer, faces potential delisting from Nasdaq after failing to maintain…
First Zero, First Revival: A Real Story from the WEEX Global AI Trading Hackathon Preliminary Round
WEEX Labs, the innovation arm of the global crypto exchange WEEX, launched the preliminary round of its flagship AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by world-class sponsors including AWS, the prize pool has reached $1.88 million, with a Bentley Bentayga S awaiting the champion in Dubai. Already, 788 elite teams worldwide are battling for a spot in the finals. This is more than a hackathon — it is a real-market stress test for AI trading. Registration remains open until January 18. If you want your AI to face real volatility, this is your moment.
Cross-chain Collaboration: Tom Lee Invests $200 Million, Joins Forces with Global Top Streamer Mr. Beast
AI Crypto Trading in 2026: How AI Agents Use Stablecoins for Capital Management and Settlement
Learn how AI agents use stablecoins for crypto trading in 2026 — managing capital, settling transactions, and operating across exchanges and DeFi protocols.