As the weekend commenced, Bitcoin found itself in a consolidation phase near the $30,000 mark, with market sentiment influenced by the latest U.S. nonfarm payrolls report. The report, which revealed a figure of 209,000 jobs added, slightly below the anticipated 225,000, cast some doubt on the likelihood of a July interest rate hike. Meanwhile, Ethereum…
As the cryptocurrency landscape witnesses a surge in the value of assets like bitcoin and ethereum over the last six months, Monero (XMR), the foremost privacy-focused cryptocurrency, has maintained a position of stability, showcasing its resilience amidst market volatility. Despite experiencing a relatively modest 7.6% increase in the first half of 2023, Monero’s current market…
Amidst ongoing speculation surrounding the possible approval of a spot bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC), analysts at JPMorgan have cast doubt on the transformative effects such an approval might yield for the cryptocurrency markets. In a report released recently, market strategists at the renowned American banking institution suggest…
Veteran investor Jim Rogers, co-founder of the Quantum Fund alongside billionaire investor George Soros, has issued stark warnings regarding the trajectory of the U.S. economy. Rogers, in a recent appearance on Sputnik’s New Rules podcast, conveyed concerns about the nation’s economic future, cautioning that “the worst is yet to come” as the value of the…
Solana (SOL) continued its upward trajectory on Saturday, marking a third consecutive day of gains at the start of the weekend. This surge followed a breakthrough of a significant price level, despite the overall consolidation in the global crypto market. Additionally, Avalanche (AVAX) experienced a rally, with gains of up to 10%. Solana (SOL) SOL…