Bitcoin News

Bitcoin News

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US Jobs Report Shows Gain of 428,000, Adding to Price Pressures

Friday's Labor Department report showed that employment growth stayed robust last month, at a level that should continue to worry the Federal Reserve about a too-tight jobs market.

LOS ANGELES, CALIFORNIA - JUNE 23: A 'Now hiring' sign is displayed at a FedEx location on June 23, 2021 in Los Angeles, California. Nearly 650,000 retail workers gave notice in April, the biggest one-month worker exodus in the retail industry in more than 20 years, amid a strengthening job market.  (Photo by Mario Tama/Getty Images)

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Bitcoin Breaks Bullish Trend Line; US Jobs Data Eyed

An above-forecast U.S. wage-growth figure may revive expectations of a 75 basis point Fed rate hike and bring more volatility to markets.

Bitcoin's daily chart with technical indicators. (TradingView)

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Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues

Bitcoin continues losses as major markets around Asia end the week.

Close up of a black bear (Mohd Fazlin/Flickr)

Фінанси

Swan Bitcoin Benefit Plan Helps Companies Reward Employees in Crypto

Early customers of the financial services company's program are providing monthly bitcoin bonuses of between $50 and $100.

Swan Bitcoin is targeting small businesses with its bitcoin benefits program. (Warren Little/Getty Images)

Відео

BTC Behaving as a Risk-On Asset?

Bitwise Chief Investment Officer Matt Hougan discusses bitcoin’s price activity as a risk-on asset amid the recent price plunge possibly caused by hawkish Federal Reserve policy. Plus, insights into why we might face an upcoming recession and the impact of institutional investment. 

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First Mover Asia: Thailand Has Already Proven Why Taking Crypto for Luxury Items Isn't Working

Gucci will begin accepting crypto payments at five stores as part of a wider commitment, but the success of its initiatives is uncertain; bitcoin plummets in Thursday trading.

Luxury brand Gucci has entered the crypto world. (Robert Alexander/Getty Images)

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Market Wrap: Cryptos and Stocks Fall, Luna Foundation Guard Accumulates Bitcoin

BTC declined by as much as 10% on Thursday, its largest price drop in two months.

A trader works on the floor of the New York Stock Exchange (Michael Nagle/Bloomberg via Getty Images)

Відео

BTC Plunges Over 10%, S&P 500 Sinks Amid Fed's Interest Rate Hike

After a short-lived spike in response to the Federal Reserve’s 50 basis-point interest rate hike, bitcoin dropped over 10% to its biggest one-day decline in two months. Plus, a look into the reaction of traditional assets, including the S&P 500 and the Nasdaq Composite Index, as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.” 

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Відео

Developer Jeremy Rubin on BIP119 Controversy

Judica Founder and BIP119 Proponent Jeremy Rubin discusses the details of his Bitcoin Improvement Proposal (BIP), addressing the controversy it has stirred among the developer community. Rubin explains the ability of BIP119 to add smart contract capabilities to Bitcoin, his longtime involvement in the BTC community and more.

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