[ad_1] Bitcoin may be dripping lower at spot rates. Still, one analyst is unfazed, expecting the coin to reverse recent losses and snap up firmly before peaking in December 2024. At spot rates, BTC is down roughly 11% from 2024 peaks and struggling to generate sufficient buying pressure, looking at the formation in the daily … Read more
[ad_1] Bitcoin mining is interesting because there might not be that many jobs per bitcoin mine. But you create a lot of external jobs around that. In the film, you’ll see there’s tons of people who work in contracting and are in and out of the facility, truck drivers, repair technicians, people pouring concrete, security … Read more
[ad_1] Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said. [ad_2] Source link
[ad_1] Checking other report details, the labor force participation rate rose to 62.7% from 62.5%, suggesting sizable numbers of people returning to the workforce. Average hourly earnings rose 0.3% in March, in line with expectations and up from 0.2% in February. On a year-over-year basis, average hourly earnings rose an in line 4.1%, down from … Read more
[ad_1] A death cross occurs when a short-term moving average drops below a long-term moving average, signaling a potential long-term bearish shift in momentum. [ad_2] Source link
[ad_1] Ethena Labs has revealed its latest strategic move: the inclusion of Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe. This decision, aimed at significantly scaling the product’s supply from its current $2 billion, capitalizes on the burgeoning BTC derivative markets for enhanced scalability and liquidity in delta hedging practices. Ethena Labs’ ambitious … Read more