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Bitcoin gets US employment boost as BTC price eyes $300M ask liquidity
4.10.2024
BTC price gains allow Bitcoin bulls zero in on $300 million in ask liquidity located above $62,000.
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%
4.10.2024
JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation
16.9.2024
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods...
Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility
7.9.2024
In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, with users discussing the likelihood of...
U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
6.9.2024
Bitcoin trades under $57K, but data suggests pro traders are not bearish
5.9.2024
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
5.9.2024
The U.S. central bank has indicated it will cut rates at its mid-September meeting, but the size of the move is up for debate
Bitcoin Gets Brief Boost After U.S. Employment Growth Revised Lower
21.8.2024
Job growth for the 12-months ending in March 2024 was 818,000 lower than previously reported, according to a government report
Dubai Court Recognizes Cryptocurrency for Salary Payments
17.8.2024
In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital currencies. The 2024 ruling, case number 1739 of 2024...
Dubai court recognizes crypto as a valid salary payment
16.8.2024
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions
Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M
6.8.2024
The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022
Wharton Professor Calls for Emergency Rate Cut Following Market Downturn
6.8.2024
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity of this cut and suggested another rate cut next month to align with the Federal Reserve’s targets on inflation...
U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
2.8.2024
Nigeria’s AI initiative sparks tech employment growth
26.7.2024
As Nigeria continues to build its technology workforce, the country is set to emerge as a key player in the global digital economy, leveraging local talent to drive innovation and economic growth
Hive Digital to expand operations to Paraguay for the first time
23.7.2024
Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam
Crypto market tumble seen as quick shakeout, traders expect 'bullish' rebound
8.6.2024
Cryptocurrency traders believe that the recent market downturn is just a "shakeout" and there is a "bullish continuation" on the horizon
Are Bitcoin traders losing hope? Top traders' metric hits two-week low
7.6.2024
Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?
U.S. Added 272K Jobs in May, Blowing Past Estimates; Unemployment Rate Rises to 4.0%
7.6.2024
Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy
FBI Warns of Crypto Scams in Fake Work-From-Home Jobs
6.6.2024
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating...
Bitcoin may hit new high if US employment, inflation slows
5.6.2024
Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen