Jobs

Cryptocurrency represents rabbit holes with more valuable opportunities for individuals seeking liberation from grooming. Of late, it has made it possible for many common people to become millionaires and simply using the right investment projection, anyone can be the next.If these investors are to quit working for several jobs, they would need to invest in these five cryptocurrencies, which will grow to levels that will enable them to retire by 2026. Here’s a rundown of the top five cryptos to…

The post Bitcoin on the Brink: Will U.S. Jobs Report Trigger a Bear Crash or a Bull Rally? appeared first on Coinpedia Fintech News Major cryptocurrencies fell on Wednesday as the market prepared for the upcoming U.S. jobs report and anticipated speeches from policymakers likely to advocate for interest rate cuts. However, Bitcoin’s price dropped by 2%, trading at $59,456, which has investors worried as it hovers near important support levels. As the market awaits more details, the big question…

The post Bitcoin Drops as US Adds 272K Jobs, Unemployment Hits 4% appeared first on Coinpedia Fintech News The US employment data revealed that the country added 272,000 jobs in May, exceeding market expectations. However, the unemployment rate rose to 4%, surpassing the anticipated 3.9%, indicating mixed economic signals. Additionally, US hourly wages increased by 0.4% in May. The market will now closely watch next week’s key inflation data, including the US CPI and PPI. The latest report by the…

The recent US jobs report has significantly impacted the cryptocurrency market, wiping out over $500 million in Bitcoin open interest. This drastic market movement comes after mixed signals from the latest employment data. US Jobs Report Slashes Bitcoin Open Interest The US Bureau of Labor Statistics reported that May saw an increase in hiring by 272,000 in the establishment survey. However, the household survey indicated a drop in employment and a rise in unemployment, which climbed to 4.0% — the…

The post Elon Musk: AI to Transform Jobs into Hobbies appeared first on Coinpedia Fintech News Elon Musk envisions a future where AI will transform human life and employment. At the VivaTech conference, he predicted that AI will make human employment optional, as robots can provide all the necessary goods and services. Although there is a fear of job loss due to AI, Musk is hopeful of a utopian society where work will become a hobby. Additionally, he highlights the…

The post Bitcoin Price Jumps Above $62K As US Jobs Data Boosts Rate Cut Expectation! Here’s What To Expect Next appeared first on Coinpedia Fintech News Bitcoin’s price surged toward $62,000 shortly after the U.S. government released its Nonfarm Payrolls report. The report, issued earlier today, indicated an unemployment rate for April of 3.9%, slightly above the anticipated 3.8%. This higher unemployment rate suggests that the Federal Reserve might lower interest rates, which typically boosts the appeal of riskier assets…

Bitcoin’s stellar performance, reaching all-time highs and igniting a 54% rally year to date, has led to a significant uptick in job opportunities in the crypto market. Companies entrenched in digital assets, like Coinbase, Kraken, Binance, and Gemini, are aggressively expanding their workforce. Even traditional financial powerhouses, like Fidelity, are on the lookout for fresh talent, indicating a broader industry revival. Crypto Jobs on the Rise Specialized job boards are experiencing a remarkable surge in demand, with postings skyrocketing. BeInCrypto’s…

Crypto-related job postings skyrocketed last year, following the strong performance of crypto markets. Texas and Florida emerged as new hubs for crypto jobs.  LinkedIn has reported an astonishing 395% growth of job postings related to crypto. A survey by Linkedin showed a sharp rise in job postings with terms like "cryptocurrency", "bitcoin", and "blockchain" in 2021. Moreover, the growth in crypto jobs outpaced the broader tech industry, which saw a 98% increase in listings. Most job postings were in finance…