The latest US jobs report released on Friday fell short of expectations, with only 142,000 new jobs added in August, well below the anticipated 160,000. This discrepancy has raised concerns about the state of the economy and what actions the US Federal Reserve may take in response. While the job numbers were disappointing, there was
0 Comments
A recent report indicated that a federal judge has dismissed Coinbase’s motion to dismiss a proposed class action lawsuit by shareholders. The lawsuit alleges that Coinbase, the largest US crypto exchange, downplayed the possibility of being sued by the US Securities and Exchange Commission (SEC). The judge ruled that shareholders had provided enough evidence to
0 Comments
The current state of the Bitcoin market is facing a significant decline in the percentage of Unspent Transaction Outputs (UTXOs) in profit, reaching its lowest level since October 2023. This decline is closely correlated with the recent drop in bitcoin’s price and the overall downward trend in the cryptocurrency market. Analysts are viewing this metric
0 Comments
The popular crypto analyst, Dan Gambardello, recently shared his insights on the future of Cardano (ADA) price in a new video analysis. He pointed out the general unease among ADA holders and crypto investors due to the ongoing economic discourse surrounding a potential US recession. Gambardello highlighted historical S&P 500 behavior and current market conditions
0 Comments
Toncoin (TON) was once riding high on a bull run at the beginning of 2024, reaching an all-time high of nearly $8.20 in mid-June. However, the tides quickly turned, and the asset is now trading at around $4.80, a significant 40% drop from its peak earlier in the summer. The decline began following the arrest
0 Comments
Arthur Hayes, the co-founder of BitMEX, recently shared a grim prediction for the immediate future of the Bitcoin price. Despite not providing explicit reasons for his forecast, Hayes expressed his belief that Bitcoin will drop below $50k in the upcoming weekend. This bold statement indicates a pessimistic view on the current market conditions and hints
0 Comments
The world of cryptocurrency is constantly evolving, with the market being heavily influenced by news, trends, and community discussions. Investors who stay informed about these narratives have a significant advantage when it comes to making decisions about their portfolios. Santiment, a crypto research and intelligence platform, has identified several key narratives that have shaped the
0 Comments
Recently, the Future Forward USA PAC, which is in support of Vice President Kamala Harris’ presidential campaign, has made a bold move by accepting crypto donations through Coinbase Commerce. This development comes after some initial confusion caused by comments made by a Coinbase executive at a recent conference. During Citigroup’s 2024 Global TMT Conference in
0 Comments