The United States Labor Department reported that the nation added around 315,000 jobs in the month of August. Although that number is more than what the government was expecting, it indicates that the net growth of new jobs is slowing down in America. The new data released this Friday showcased that despite hiring rates are […]
Category: Bitcoin
The latest news headlines involving Bitcoin.
According to Forbes’ Crypto Report, Over Half of All Bitcoin Trades Are Fake.
Forbes magazine reported on Friday that its ongoing investigation into the cryptocurrency market discovered that more than half, precisely 51% of the daily trade volume being reported regarding Bitcoin is fake. Forbes performed the study by analyzing 157 crypto exchange and trading platforms, in an attempt to measure the reliability of cryptocurrency exchanges. It was […]
Bitcoin Takes Another Hit Following Powell’s Says Fed May Keep Raising Interest Rates
The world’s major cryptocurrency took another hit on Friday, after a statement by Federal Reserve Chair Jerome Powell. The chairman announced at the annual economic conference in Jackson Hole that the United States Central Bank will likely maintain its policy of increasing interest rates in the near future. “While higher interest rates, slower growth, and […]