Notable news in the last 24 hours (13/07) BTC: 30,326 USD | ETH: 1,870 USD | Total market cap: 1,145 billion USD 1️⃣ Inflation in the US was lower than forecast, hitting a 2-year low. In June 2023, the US consumer price index (CPI) has increased by 3% over the same period. This is the lowest level since March 2021. Reacting to the news, BTC came close to the $31,000 price point before a correction. 2️⃣ ESMA EU issues the first cryptocurrency rule under MiCA law. A series of detailed proposals on how to authorize crypto companies within the European Union have been put forward by ESMA EU in accordance with the region's Crypto-Asset Markets (MiCA) law. 3️⃣ The European Union slammed stablecoin issuers, asking them to prepare for a regulatory corridor by 2024. This is a positive and open move of the EU as it has given early warning to companies in the crypto sector to have time to prepare for future regulatory frameworks. 4️⃣ Bank of China conducts a trial of offline payments for the digital yuan via SIM cards. This payment method is designed specifically for the digital yuan, also known as e-CNY, which is China's central bank digital currency (CBDC) currently being tested.