Last Friday saw the release of US nonfarm payrolls for the month of November. While the Fed has raised US interest rates by 3.75% this year, the numbers reveal that the jobs market does not seem to be feeling the tightening impact yet. The breakdown is as follows. Payrolls

Almost a month in from the shock of the FTX implosion, the crypto market is still broadly reeling in the after effects, with most cryptos, and especially altcoins related to FTX and Alameda taking a hit in price since the event unfolded throughout November. As a result, most coins have

Fed Chair Powell gave a speech about the US economy and monetary policy on Wednesday, the last day of November, in Washington DC, at the Brookings Institution. His comments sent stocks rallying to their biggest gains this year, while also simultaneously sending the price of cryptocurrencies higher. What exactly did

A derivative form of Bitcoin that is run on the Ethereum blockchain, known as wrapped Bitcoin (wBTC), recently depegged from its value of one Bitcoin, showing that investors could be rushing to get out of the asset into the safety of owning an actual Bitcoin. A depeg is unsettling news

Ominous as it may sound, Bitcoin miners’ capitulating are actually deemed by crypto market experts to be a bullish development. Historically, the time when most miners large and small have sold off their mined Bitcoins, turned off their mining rigs and left the Bitcoin mining scene, was the time that

In light of the recent non-withdrawal events that eventually turned into impending bankruptcies at some crypto lending firms, widespread fear and panic has gripped the crypto community, who are understandably  getting paranoid at almost everything after the spate of events that has plagued the crypto market since the implosion of