Key points: Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs. Job openings fell to 7.2 million in March versus the 7.5 million forecast and consumer confidence hit its lowest level since January 2021. If past patterns hold, Bitcoin could rally by mid-July and possibly reach … Read more
Canada’s Conservative party leader Pierre Poilievre was poised to win the election by a landslide, until U.S. President Donald Trump threatened to annex the country. Mark Carney Assumes Power After Trump Took Center Stage in Canada’s Federal Election Mark Carney, the shadowy former governor of Canada’s central bank, was elected as Prime Minister on Monday … Read more
After months of giving the market mixed reactions, Ethereum’s fate seems to be turning around, as BlackRock’s recent $67.5 million worth of ETH purchase is showing massive institutional confidence. The news was broken by Crypto Rover on X recently. Reactions to this news have been positive, with many users saying that the altcoin season is … Read more
Bettors on prediction platforms Polymarket and Kalshi are flipping bearish on the US economy. As of April 29, both platforms are predicting that the US will log an economic contraction during the first quarter of 2025 in an upcoming economic data release. The US has logged positive growth figures every quarter since 2022, and a … Read more
World, the biometric cryptocurrency and ID project, has launched Build Latam in Argentina, a program aimed at empowering tech projects to leverage World’s services in their products. Martín Mazza, Tools for Humanity regional manager for Latin America, explained the new security measures the project has implemented to protect user data. World Launches Latam-Focused Incentives, Discusses … Read more
US Senate Majority Leader John Thune reportedly told Republican lawmakers that the chamber would address a bill on stablecoin regulation before the May 26 Memorial Day holiday. According to an April 29 Politico report, Thune made the comments in a closed-door meeting with Republican senators, who hold a slim majority in the chamber. The Guiding … Read more
World, the biometric cryptocurrency and ID project, has launched Build Latam in Argentina, a program aimed at empowering tech projects to leverage World’s services in their products. Martín Mazza, Tools for Humanity regional manager for Latin America, explained the new security measures the project has implemented to protect user data. World Launches Latam-Focused Incentives, Discusses … Read more
In a recent update shared on social media platform X, Binance.US, the American arm of major crypto exchange Binance, has made it known that it will retire existing deposit addresses for IOTA as part of its support for the upcoming IOTA mainnet upgrade. In a recent X article, Binance.US announced its support for the upcoming … Read more
Key Takeaways: Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook. The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts. According to Fidelity Digital Assets, Bitcoin’s (BTC) mid-term outlook dropped to an “optimism” zone, as the investment firm noted … Read more
Key Takeaways: Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook. The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts. According to Fidelity Digital Assets, Bitcoin’s (BTC) mid-term outlook dropped to an “optimism” zone, as the investment firm noted … Read more