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Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says
5.10.2024
A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower...
AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy
4.10.2024
Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said
US jobs report signals fewer rate cuts, still bullish for BTC: Grayscale
4.10.2024
The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price
Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes
4.10.2024
On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This...
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%
4.10.2024
Bitcoin price falls as global recession and AI bubble fears send investors scrambling
30.9.2024
Bitcoin's price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble
Bridging the Skills Gap: Preparing the Workforce for a Web3 Future
18.9.2024
Companies have invested so much on education with a focus on trading, but have not turned their attention to the portion of the workforce that remains unfamiliar with the technology that will be responsible for creating, facilitating, communicating and operating Web3 products and services, says...
Former Commerce Secretary Warns US Headed for Recession
16.9.2024
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues that the economy was artificially inflated by the...
Tether onboards head of government affairs from PayPal
13.9.2024
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether
Tether onboards head of government affairs from PayPal
13.9.2024
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether
Microsoft Promises No games Cancelled Amid 650 More Xbox Jobs Cut
12.9.2024
Microsoft is laying off another 650 employees from its Xbox gaming division, the company announced in an overnight companywide memo. Microsoft Gaming CEO Phil Spencer stressed that no new games were being cancelled or studio closed as a result of the latest round of cuts. Read more
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
6.9.2024
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown....
Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility
6.9.2024
Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'
6.9.2024
Bitcoin fools traders up and down as BTC price volatility accompanies the week's final US employment data release
U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
6.9.2024
First Mover Americas: BTC Treads Water Ahead of U.S. Jobs Report
6.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
5.9.2024
On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above...
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
BTC price rides US jobs miss amid warning Bitcoin could retest $49.5K
5.9.2024
Bitcoin fails to halt a low-timeframe BTC price decline for long as traders look to the week's final US jobs data
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
30.8.2024
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining industry is responsible for only 383 direct jobs, with over 40 companies...