The U.S. added a bigger-than-expected 178,000 new jobs in March and the unemployment rate fell to 4.3% last month in a sign the labor market is holding firm even as the economy undergoes another spasm of uncertainty tied to the Iran war.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDIvMDE5YzMyMzEtMjU3ZC03MWVlLTk4MmYtODJiNjYxNTkyNjczLmpwZw==.jpg" alt="Bitcoin 'done' with 85% crashes, says Cathie Wood amid new $34K target" class="type:primaryImage"></p><p>ARK Invest CEO Cathie Wood said that Bitcoin as a "proven" asset would no longer experience drawdowns of 85% or more from all-time highs.</p>
With candy prices up, here’s how people are saving money while putting their Easter baskets together.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDUyODMtMDczYS03YWZkLTkwYWMtYzQwMDg4NDgzMTdjLmpwZw==.jpg" alt="Drift sends onchain message to wallets tied to $280M exploit" class="type:primaryImage"></p><p>Drift Protocol initiated onchain contact with wallets tied to the $280 million exploit as an unknown sender also attempts to pressure the attacker.</p>
“I’ve been caring for my mother, and we each currently occupy a unit in the house.”
The reported acquisition talks come as South Korea is considering a 20% cap on major crypto exchange shareholders, which would force major platforms to restructure ownership.
Kendra Wilkinson made a move into real estate in 2020 and is now staking her claim to Malibu’s luxury market, where a chance encounter several years ago has now landed her with a “whole portfolio” of multimillion-dollar listings.
January saw the largest attack against a DeFi protocol of the quarter, the $40 million private key compromise of portfolio management platform Step Finance.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWRkNjMtMzdlMS03ZmI3LTk1NjEtYTc4YjZjNmVkZDlm.jpg" alt="Bitcoin supply in profit heads to ‘true bear market’ levels" class="type:primaryImage"></p><p>CryptoQuant data shows there are 8.2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market.</p>
The IMF said tokenization could improve cross-border payments and financial inclusion in emerging economies but cited concerns over volatility and the “erosion of monetary sovereignty.”
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmU3YmUtOTYwZS03OWU1LWI3ODktYjE0ZTE3ZDU5YWNiLmpwZw==.jpg" alt="Stablecoins flip automated clearing house volume in February" class="type:primaryImage"></p><p>Stablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDUxMDQtZjYxZS03YjVhLTlhOTktMTFhOTFjZDNmZTJiLmpwZw==.jpg" alt="Circle to launch cirBTC wrapped Bitcoin, challenging BitGo and Coinbase" class="type:primaryImage"></p><p>Circle, known for issuing stablecoins including USDC and EURC, is expanding into the Bitcoin space, targeting institutional users.</p>
Arkham also flagged a 500 Bitcoin outflow from Riot on Thursday, while MARA Holdings, Genius Group and Nakamoto Holdings sold a combined 15,501 Bitcoin in the last week.
The x402 protocol won't be owned by a single entity, with the Linux Foundation serving as the agentic AI protocol’s “neutral, non-profit home,” Coinbase said.
Spoiler: Not great
Starbucks on Thursday rolled out a bonus and tipping program for its employees, and announced a deal that hands off a big slice of its store business in China to an investment firm.
Bitcoin’s data show a series of bearish trading patterns that could usher in new price lows if the key support at $60,000 fails to hold. Here’s why bulls need to take out $76,000.
Elon Musk’s company reported vehicle sales and energy-storage deployments that were well below Wall Street’s expectations.
Stablecoins dominated crypto trading in Q1 as investors sought safety, while rising bot usage and declining retail flows pointed to shifting market dynamics, according to CEX.io.
Are Bitcoin’s odds for a rally to $75,000 diminished by a weakening US economy, the war in Iran and multiple institutional BTC holders selling in the open market?