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The unemployment rate in the euro area in March was the lowest on record at 6.5%, the same as in February. advertisementAccording to Eurostat, the unemployment rate across Europe was little changed in March compared to February. Interest rates in the euro area remained at 6.5%, the same as in the first two months of this year and down from 6.6% in March 2023. Across the 27 EU member states, interest rates fell slightly to 6% from 6.1% in February. . It was also flat compared to March last year. As of March 2024, it is estimated that there are…
May 3, 2024 by Diana Ambolis 2 While ZK-Rollups are a powerful emerging technology, Optimism and Arbitrum are two established layer-2 scaling solutions that are making significant waves in the Ethereum blockchain ecosystem in 2024. Let’s delve into what they are and how they’re impacting the world of crypto applications. Understanding Optimism and Arbitrum Both Optimism and Arbitrum are classified as Optimistic While ZK-Rollups are a powerful emerging technology, Optimism and Arbitrum are two established layer-2 scaling solutions that are making significant waves in the Ethereum blockchain ecosystem in 2024. Let’s delve into what they are and how they’re impacting…
As the crypto market enters another cycle of volatility, Ethereum (ETH) has become the focus of discussion among investors and analysts, reflecting both concern and intense interest. The first quarter of 2024 marked a record-breaking performance for Bitcoin (BTC), with the highest monthly and quarterly closing prices ever observed. However, a significant drop in the value of Bitcoin at the beginning of the second quarter triggered a sharp decline in the entire crypto market, including a dramatic drop in the price of Ethereum below $3,000. Despite this disruption, analysts remain hopeful about the market's potential for recovery. in analysis The…
Amid a US crackdown on cryptocurrency privacy projects, CIA whistleblower turned international fugitive Edward Snowden has issued a “final warning” about Bitcoin privacy. in Tweet”I've been warning Bitcoin developers for 10 years that they need to provide privacy at the protocol level,” Snowden said, adding, “This is the final warning. The clock is ticking.” Ta. He responded to a post from Wasabi Wallet, a crypto privacy project, announcing that it had shut down its service for U.S. users. Wasabi Wallet is one of the many projects that have limited privacy services in recent days. Just yesterday, cryptocurrency hardware wallet maker…
In a recent tweet that caused excitement among XRP enthusiasts, prominent cryptocurrency analyst EGRAG CRYPTO hinted at the future market trend of XRP, calling it the “Third Kaboom.” Masu. EGRAG CRYPTO analysis suggests that the significant advancement in XRP market capitalization will drive the price of XRP to unprecedented heights. Formation of Kaboom on XRP EGRAG CRYPTO takes a closer look at XRP's monthly price movements, focusing on its relationship with the 21 Exponential Moving Average (EMA). The price of XRP has been moving at a level close to this average, and the monthly candlestick results have been relatively stable.…
Ethereum, the leading blockchain platform, achieved an important milestone as April draws to a close. On April 28th and 29th, the network witnessed 266.6K new wallet creations, marking the highest two-day network growth spike since October 8th and 9th, 2022. Despite facing price volatility, this robust expansion demonstrates Ethereum's resilience and enduring popularity among users. 📈 #Ethereum We have reached a turning point, the end of April. 266.6K new wallets were created on April 28th and 29th, the highest two-day network increase since October 8th and 9th, 2022. $ETH It continues to expand despite falling prices. https://t.co/SN6xqc3JXV pic.twitter.com/KDcjhY30y5 — Santiment…
The euro area seasonally adjusted unemployment rate in March was 6.5 percent, stable compared to February 2024 and down compared to 6.6 percent in March 2023, while the EU unemployment rate was 6.5 percent. , a decrease compared to 6.1 percent. This can be seen from Eurostat data, which estimates that there are 13.258 billion unemployed people in the EU, of which 11.087 billion are unemployed in the euro area. Eurostat data further highlights that compared to February, the number of unemployed people in the EU fell by 74,000 people and in the Eurozone by 94,000 people. . Compared to…
The largest U.S. cryptocurrency exchange had first-quarter revenue of $1.6 billion, a 72% increase from the previous quarter. Coinbase's reported net income was $1.18 billion (or ($4.40 per share), driven by increased trading thanks to broader crypto market gains and favorable changes in crypto accounting rules. Consumer transaction revenue doubled from the previous quarter to $935.2 million, and transaction volume increased more than 93% to $56 billion. Meanwhile, institutional trading increased even more significantly, with revenue up 133% quarter over quarter to $85.4 million and trading volume more than double his to $256 billion. Bitcoin accounted for one-third of consumer…
Check out Ethereum price analysis: Temporary spike or bullishness? Ethereum, the second most popular cryptocurrency, has experienced notable price fluctuations recently. As of May 3, 2024, ethereum price It is trading at USD 3,002, up 3.13% from yesterday. However, compared to last week, it fell by 4.68%. While these short-term price fluctuations can cause concern for investors, a closer look at recent whale activity suggests a potential silver lining under these circumstances. cryptocurrency market Volatility. Santiment's chart below provides valuable insight into the historical balances held by the top 1,000 largest Ethereum wallets. As of April 28, these wallets had…
At MicroStrategy World 2024, Michael Saylor said the SEC will classify Ethereum as a security this summer and reject spot ETF applications involving BlackRock, along with similar designations for other cryptocurrencies such as BNB, Solana, XRP, and Cardano. I'm predicting. “None of this will be wrapped up in a spot ETF and none of it will be accepted by Wall Street,” Thaler said. BlackRock CEO Larry Fink argued for the possibility of a Spot Ethereum ETF on Fox Business' “Craman Countdown,” even though the SEC classifies ETH as a security. . Saylor highlighted Bitcoin's institutional acceptance as the only universal…