Economics

Crypto Job Hiring Sees Huge Demand as Industry Grows

The number of jobs related to cryptocurrencies and blockchain technology have skyrocketed, according to data from several job listing websites.Sponsored Sponsored While crypto searches more than doubled on Indeed.com in the past year, US job postings with “cryptocurrency” and “blockchain” as keywords were up over 600% on LinkedIn. Additionally, growth in paid listing at CryptocurrencyJobs.co increased nearly 1,500% since last year. “Everyone is hiring right now” Daniel Adler, founder of CryptocurrencyJobs.co, provided some insight into the growth that’s occurred. He noted that some teams who were looking to double at

Bitcoin (BTC) Reclaims $43,000 After Short-Term Pump

Bitcoin (BTC) increased slightly on Sept 29 but failed to sustain its upward movement. However, it moved above $43,000 on Sept 30 before dropping back slightly.Sponsored Sponsored BTC has broken out from a short-term descending resistance line and is in the process of moving towards the next closest resistance area. BTC attempts to reclaim resistance BTC is currently attempting to move above the $44,000 area, which previously acted as support but has now turned to resistance. Sponsored Sponsored Technical indicators in the daily time frame are showing some bullish signs, such

Five Biggest Altcoin Gainer Showcase — Sept 19-26

BeInCrypto breaks down the five biggest altcoin movers and shakers from the previous week. Will their momentum continue this week?Sponsored Sponsored The five altcoins that increased the most last week were:  Celer Network (CELR) : 96.76%COTI (COTI) : 47.74%XDC Network (XDC) : 40.08%Ren (REN) : 38.10%Terra (LUNA) : 21.34% CELR CELR has been increasing since breaking out from the $0.093 resistance area on Sept 15. While it deviated below the area (red circle) on Sept 21, it resumed its upward movement at an accelerated rate afterward. Sponsored Sponsored This led to an

Gold, Stocks, and Bitcoin: Weekly Overview — September 3

This week’s price movements for Bitcoin (BTC), gold, and our stock picks, Visa and Coinbase.Sponsored Sponsored BTC Bitcoin seems to have fared middling-well over the past two weeks, as it achieved $50,000 again for the first time since May but seems to have met resistance at this point since then.  Trading around $45,000 on August 19, BTC then rose to $47,000 by the next day, $49,000 the day after that, finally surpassing the $50,000 mark on August 23. Having hit a target price point, BTC naturally met with selling pressure

UK Crypto Exchange Receives Approval From FCA

UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company.Sponsored Sponsored This makes Coinpass among the first UK-based crypto exchanges to have fully registered with the FCA, according to Coinpass Chief Executive Jeff Hancock. FCA registration The FCA became the anti-money laundering and counter terrorist financing supervisor of crypto asset firms in January. Since then, crypto firms have had to register with the FCA before doing business. Until now, the FCA had only registered six firms with dozens more still

BIS Tests CBDCs for International Settlements Between Several Countries

The Bank for International Settlements (BIS) is cooperating with several countries to test the use of central bank digital currencies (CBDCs) for international settlements.Sponsored Sponsored In participation are the central banks of Australia, Malaysia, Singapore and South Africa. The experiment could lead to a more efficient global payments platform. ‘Project Dunbar’ Led by BIS’ Singapore Center, “Project Dunbar” aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs. This would allow financial institutions to transact directly with each other using the digital currencies. Consequently, this would eliminate the

Bitcoin Depot Among Inc. Magazine’s 5000 Fastest Growing Companies

For the second year in a row, Bitcoin Depot appeared in Inc. Magazine’s list of 5000 fastest-growing private companies.Sponsored Sponsored The world’s largest and fastest-growing crypto ATM network, ranked No. 357 on the list, after its spot at No. 1,103 last year. President and CEO of Bitcoin Depot Brandon Mintz highlighted that the recognition coincided with the five-year anniversary of the company.  “Given last year’s unexpected circumstances and the pandemic environment, we were fortunate that we were able to continue building our brand while serving the underbanked community on a

Top-10 Aspiring Altcoins to Watch in September

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Bitcoin (BTC) Breaks Out Towards $51,200 Resistance

Bitcoin (BTC) broke out from a descending parallel channel on Sept 1 and is attempting to move above the $51,200 horizontal resistance area.Sponsored Sponsored Due to mixed readings from technical indicators, we cannot accurately determine if BTC will be successful in breaking out the first time. However, an eventual breakout is likely. Short-term breakout BTC had been trading inside a descending parallel channel since Aug 29. Such channels usually contain corrective structures. Sponsored Sponsored After sweeping the lows on Sept 1, BTC broke out later during the day. So far, it