Miner Reentry Gains Traction as Inflation Hurdle Clears

Today’s consumer price index release came in roughly on target, clearing one of the key macro hurdles standing between the Bitcoin mining cohort and a meaningful rebound. The disinflationary trend visible in three-month and six-month annualized core CPI momentum remains intact, and while long-term yields did not retreat as much as some had hoped, the data were sufficient to begin selectively re-adding exposure to miners. Elsewhere, a major decentralized exchange took a concrete step toward regulated U.S. access, and a blockchain-native lending platform heads into earnings with a case for significant multiple expansion.