The U.S. economy added 199 000 jobs in December, disappointing the average expectation of 422,000 jobs, while the unemployment rate fell from 4.2 percent in November to 3.9 percent. Wages increased by 4.7 percent in December compared to 12 months ago. Although…
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Bitcoin falls over 7% following Fed policy notes and jobless rate hike
Digital assets continued to fall on Thursday along with the equities market amid expectations that the Federal Reserve would pull back on economic stimulus sooner than expected in an attempt to curb soaring inflation. Bitcoin fell over $3000, or 7.44%, to 43,057,…
Cash and bonds are ‘stupid to own’ at this point, says Dalio
American billionaire investor Ray Dalio continues to warn about the dangers of holding cash and bonds as new Coronavirus cases in the United States topped 1 million. Investments should be saved for stocks and inflation-hedge assets in socially and financially healthy countries,…
CoinMetro hints at Qredo staking in 2022
Digital asset exchange CoinMetro is expected to support direct QRDO staking after integration with the native layer 2 sometime around Q3 this year. During his most recent live AMA on YouTube, CoinMetro CEO Kevin Murcko was asked about earning passive income by…
Bitcoin finishes 2021 with record volume and heavy volatility
This year marked fresh new highs for the entire crypto market with Bitcoin volume reaching record levels and painting its third consecutive bullish candle. Its often said when investing, if you are in doubt, zoom out. Despite heavy volatility in 2021, Bitcoin…
Elon Musk: Dogecoin fundamentals “better than anything else I’ve seen”
Elon Musk says Dogecoin is better suited fundamentally as an everyday currency over Bitcoin thanks to its low transaction cost, higher speed, and greater incentive to spend. The topic of Dogecoin vs. Bitcoin was raised Tuesday during a conversation on the Lex…
4 Reasons Why Bitcoin Has Real World Value
Many people often struggle to understand what makes Bitcoin valuable because its not something tangible or easily converted into goods like other currencies can. Traditional finance and legacy systems have a hard time understanding the value of Bitcoin because they simply can’t…
Crypto adoption reaches ATH in 2021 while global inflation soars
The number of global cryptocurrency users pushed to new heights in 2021 from just over 100 million crypto users to 292 million in less than 12 months as Central Banks battle with rapid monetary inflation. New data released by Crypto dot com…
Bitcoin Supply Far Less Than 21 Million, Says New Research
Its common knowledge that there are only 21 Million Bitcoin in existence, but recent research shows that number might be closer to just under 14M when accounting for coins that are presumably lost forever or locked away for extended periods of time….
OriginTrail Expands Advisory Board with New High-Profile Execs
The core development company of OriginTrail — Trace Labs — has expanded their advisory board with some major additions, including two strategies and a well known internet pioneer, further cementing their growth and development of essential web3 infrastructure. Internet pioneer Bob Metcalfe,…