The US economy unexpectedly lost 23,000 jobs in July, signaling a slowing labor market that is hurting the housing sector. Despite a slight drop in unemployment to 4.1%, fewer people are participating in the workforce, reducing confidence and the ability to save for home purchases. Rising mortgage rates, now at their highest in nearly a year, add to affordability challenges, especially for first-time buyers. Experts expect these conditions to persist through the end of the year, leading to slower home price growth, reduced demand, and fewer listings as sellers hesitate to sell at lower prices.
This week, crypto markets experienced high volatility with Bitcoin reclaiming $80,000 and Ethereum and Solana rallying due to short covering and renewed risk appetite. Altcoins outperformed late in the week, led by Akedo (AKE) which surged 400%, driv...
The Global X U.S. Electrification ETF (ZAP) offers focused exposure to utilities and industrials benefiting from U.S. electrification and grid modernization. With 77.2% in utilities and 22.8% in industrials, ZAP aims to capture growth driven by incre...
The Shiba Inu development team announced that the Shibarium Layer-2 blockchain reorganization issue has been resolved, marking a significant step in infrastructure upgrades. The remaining task involves completing the DRPC transition to the new enviro...
The Grayscale Bitcoin Mini Trust (BTC) offers the best balance of low fees (0.15%) and high liquidity among spot Bitcoin ETFs, holding about 62,900 bitcoins—30% more than nine months ago. Despite the US Senate's failure to pass the Digital Asset Mark...
Brian Armstrong, CEO of Coinbase, forecasts Bitcoin to reach $400,000 by 2030, driven by long-term institutional adoption, regulatory clarity, halving events, and macroeconomic factors. Despite uncertainty around the CLARITY Act, Armstrong remains co...
