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Latest inflation data comes in hotter than expected, led by housing costs

The news content discusses various topics related to the crypto market. Firstly, it provides an overview of the latest inflation data, stating that there is a broad-based inability for inflation to decrease significantly. It also highlights the rebound in goods inflation as a potential concern. The article then mentions that HC Wainwright & Co. has set a price target for Galaxy Digital, a crypto-focused company, and predicts that a crypto rally in Q4 could drive its stock price up. The article also covers discussions from the Permissionless conference, including the need for regulatory clarity in the crypto industry and the potential impact of the upcoming presidential election on the industry. It mentions different views on how the election could affect the leadership of the SEC. Additionally, the article notes discussions about the future of bitcoin mining and the potential challenges faced by asset allocators in terms of buying bitcoin. Overall, the content provides insights into inflation data, market predictions, regulatory concerns, and industry discussions.

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